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C O M E S Province of China, the Pro­ by John G

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C O M E S Province of China, the Pro­ by John G VOLUME LVi, NO, 29 DREXEL UNIVERSITY PHILADELPHIA PA. Friday, March 13, 1981 Chinese Fair opens; trade prospects good Econom ists praise Sichuan Province by Francine Douwes The largest Chinese- Philadelphia, working in sponsored U.S. Trade fair had cooperation with the city its official opening this past government on establishing a Tuesday night in the Grand firm trade with the Sichuan Hall of Creese Student Center Province, has a “ great oppor­ here at Drexel University. The tunity” presented to them at trade show, the first of its kind this time. “ It is important,” to be held in the city of concluded McCloskey, “that Philadelphia, is being co­ the two forces (business and sponsored by the International government) focus their City Steering Committee of energies in the same direc­ the Greater Philadelphia Part­ tion.” Prcson at I'licsdiiy's opcninsi crrfntouy vscrc. left to n^ht 1‘u stdcr.t li,i^, >ty, lijy . Bill (irct’n and nership. a business coalition; (continued on page 3) JiiUK’s I . (lUd, Prcshiciit of thr l\i/o i.iu (.orpurjtion. the Foreign Trade Bureau of Sichuan Province, and the Kuo Chi Trading Corporation In case of SEPTA strike, of Philadelphia and Peking. It R e c e p t i o n is expected that the trade fair will serve to stimulate a new Drexel plans for com m uters trade between the Sichuan w e l c o m e s Province of China, the pro­ by John G. Kruszewski vince primarily represented at On Saturday March 14 at do the same. the fair, and U.S. companies, o f f i c i a l s midnight, drivers, operators, To anyone planning to Lib. Lot especially Philadelphia and fare collectors for SEPTA drive, there will be additional 1 eave? 8:()0 AM businesses. h y F’rartaine Douw&s may go on strike against parking provided in the event 9:tK) AM Trade idea “sold” to China Philadelphia’s public of a strike. This extra parking 3:00 PM This past Tuesday night the According to Mr. James iransportation system if a new will be at; 4:00 PM Chinese Trade Fair exhibit in McCloskey, an economist in contract is not agreed upon. A. Old SEPTA lot, 33rd and 5:00 PM the Grand Hall of Creese Stu­ the Phila. Department of If such a strike occurs, it Ludlow (132 cars). All parking areas will be dent Center officially opened Commerce, “ there isn’t a lot will burden a large part of B. Lancaster lot, 35th and patrolled by uniformed cam­ with a reception. Among the of Asian trade (occuring) on Drexel’s student body in the Lancaster (8 cars). pus security and parking guests present were Mayor of the East Coast.” A “ couple of midst of Winter Term finals All vehicles on entering overseers. Philadelphia, William Greene, years ago” , McCloskey and a week. A transit strike could these locations will be issued In the event of a SEPTA the Chineses Ambassador to friend of his, Mr. James T. extend through the beginning an emergency parking permit, strike, all the parking facilities the United States, Chai Guo, a Philadelphia of Spring Term creating a which will be placed on the will probably be mobbed, so Zemin, and the Vice-Governor businessman and principal multitude of problems. dashboard. Admittance to your best bet is the commuter of the Sichuan Province in organizer of the Trade fair, Thousands of commuters will these lots will be by paying the rail lines into the city (Reading China, Mou Hai Xio. The got together and exchanged be looking for alternate means attendant, either $1 or two and Conrail) for getting to goods featured at the fair, run­ some ideas about establishing of getting to work or school. garage tokens. There will be Drexel. ning from March Ilth-lSth, a regular trade between If you can avoid it, please free parking at the Drexel D rexel U n iv e r sity in are primarily from the Sichuan Philadelphia and China. Mr. don’t drive. The roads enter­ Athletic Field, 43rd and cooperation with the Universi­ Province. Guo, a former professor at the ing Philadelphia will be Powelton, and attended daily ty of Pennsylvania, will pro­ Approximately 325 people University of Peking, went to from 7 AM to 9 PM. A Drexel vide transportation for per­ attended the reception, which crowded in the event of a Mainland China to talk to bus will be in service between sonnel of both schools at featured piano music, strike. If you must drive, try to business people over there, the Athlete Field and the Reading and 69th Street Ter­ cocktails, and hors d ’oeuvres arrange a car pool with people and, according to McCloskey, coming to Drexel from your Library parking lot on the minals. In addition, the U. of beginning at 6 pm. Among the “ sold the idea” . area. The Dean of Students’ following schedule Monday - P. bus will pick up Penn and guests invited were Drexel The next step in the pro­ office can asist you with this Friday: Drexel personnel on a space administrators- Deans, Vice- cedure was putting “out function: Drivers w'illing to AA Field available basis at 16th and Presidents, trustees, and other feelers on the (Phila.) business share a ride and expenses, Leave: 7:40 AM Locust Streets Monday selected administrators, and reaction” , which appeared to please submit your name and 8:30 AM through Friday 9:(X) AM. No members of the Philadelphia be “ pretty favorable” , accor­ other needed information to 9:30 AM service on Saturdays. business committee. It is ding to McCloskey. A the Dean of Students’ Office; 3:30 PM (continued on page 3) hoped that the fair will help to marketing study conducted by 4:30 PM cultivate trade between riders looking for a drive also McCloskey also indicated Sichuanese and Philadelphia positive results of a businesses. Phila.-China trade liasion. Two years in the making Co-op cash is taxable Potential for outside invest­ The exhibition stems from ment talks in late 1979 between Mr. James T. Guo, a Philadelphia “ The United States (and businessman, and president of are scholarships if his/her col­ in your aforementioned let­ Philadelphia) is no longer self- by Mike Peters lege requires all students to ter.” sustaining” , stated Mr. Mc­ the Kuo Chi Trading Corpora­ Mr. Stewart Colhns, Direc­ participate in a work program. Closkey, “There is a lot of im­ tion of Philadelphia and Pek­ The I.R.S. ended their tor of Cooperative Education, The reply from the I.R.S. port and export going on” . A ing, and the current premier of response with the following: received an official reply con­ states that the paragraph strong trade with the Sichuan China, Zhao Ziyang, formerly “ Based on the facts in the ins­ cerning his inquiry as to “ appears to have been inter­ Province McCloskey sees as the governor of Sichuan pro­ tant case, the amounts paid to whether or not co-op earnings preted ‘out of context’ to the being a “ great potential for vince. According to Mr. Guo, the taxpayer/student by the are exempt from the gross in­ Internal Revenue Code Sec­ outside investment” . He noted the fair was “ two years in pro­ engineering company are com- come of Drexel students tion and Revenue Ruling to that, in San Francisco and Los duction” . He made 3 trips pensation for services (Drexel Triangle Feb. 20). which it applies.” The letter Angeles, a trade situation with back and forth to China in rendered and are not excludi- In his letter to the Internal explained that the paragraph Chinese provinces has already preparation of the event. ble from gross income...” Revenue Service, Mr. Collins only applies to a college hav­ been established. At 6:30 pm, with the arrival Therefore, Drexel students of Mayor Greene, the opening specifically quoted Chapter 13 ing no tuition charge. The let­ “ Philadelphia is a large ci­ under “Work-Study Pro­ ter continued, stating “ It ap­ may not exempt their co-op ceremonies of the fair took ty...to stay that way (it) must earnings from their income place. Chi Ping Po, Head of grams” in the 1979 regulations pears that the provisions of keep up with nationwide taxes. Unless, of course, they the Foreign Trade Bureau of issued by the I.R.S. This this revenue ruling do not app­ (commerce) expansion” . Mr. are willing to violate I.R.S. the Sichuan Province, made a regulation staled that work ly to the cooperative education McCloskey feels that the codes. payments given to a student program as described existing business community of (continued on page 3) DREX&L tRfAN6LE Page 2 March 13, 1981 ANNOUNCEMENTS P a s s o v e r G et Your Act Counselor I PCBA Festival C ooperative Anyone interested in pur­ T o g e t h e r Apply now for a position as Four members of the Con­ S t u d e n t s chasing Kosher lunches a peer counselor for Spring cert Band have been selected and/or dinners for Passover term with the Act 101 staff. to represent Drexel in the 34th Open auditions for the 1981 should contact the Hillel Of­ Engineering background Annual Pennsylvania Inter­ Pi Kapp Show will be held on fice, room 224 Creese Student helpful, 2.5 required. In­ collegiate Band Festival. The Any freshman or recent Thursday, April 9th in the Center or call 895-2531 to terested student should con­ Festival band, representing 28 Main Auditorium at 7:00 pm.
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