Banner Graphic, Volume 16, Number 138, Greencastle, Putnam County, 22 January 1986 — Page 2
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The Putnam County Banner Graphic, January 22,1986
Oil prices skid amid ‘utter chaos’ NEW YORK (AP) A continued drop in crude oil prices could have favorable consequences for U.S. consumers, according to the Reagan administration, but analysts say the “utter chaos in the oil business” bodes ill for oil exporters and debtor nations. West Texas Intermediate, the major domestic grade of oil, dropped 67 cents per barrel Tuesday to $20.60 for February delivery, while Brent North Sea crude fell to $19.70 a barrel in the cash market, down from Monday’s $20.75. The February futures contract for Brent North Sea bucked the trend, opening higher at s2l a barrel, falling to $19.50, then recovering to close at $20.20, up a nickel a barrel from Monday’s close. Still, overall crude prices have decreased by 37 percent since November and 20 percent since Jan. 15. Gasoline and heating oil prices, however, were up slightly Tuesday on the New York Mercantile Exchange, which reported its highest-ever trading volume. “I think we’ve got utter chaos in the oil business and there is no confidence in anybody stepping in to restore stability,” said Rosario Ilacqua, an analyst at the New York brokerage house L.F. Rothschild, Unterberg, Towbin. “The facts are, if the producing countries cannot get together to hold the price at $27, what is to hold it at S2O or $15?” said Ilacqua. However, he joined other analysts in suggesting that price pressures would force an eventual turnaround. Since the 19705, fears of shortages, the high cost of oil and concern over double-digit inflation spawned by the price explosion led to conservation and fuel switching that undermined demand for oil.
Banner Graphic (USPSI42-020) Consolidation of Tho Daily Banner *< <* ’ Established 1850 • > The Herald The Daily Graphic Established 1883 Telephone 653-5151 Published daily except Sunday and Holidays and twice on Tuesdays by Banner Graphic, Inc. at 100 North Jackson St., Greencastle, IN 46135. Secondclass postage paid at Greencastle, IN. POSTMASTER: Send address changes to The Banner Graphic, P.O. Box 509, Greencastle, IN 48135 Subscription Rales Per Week, by carrier i, 'l.lO Per Month, by motor route *4.95 Mail Subscription Rates R.R. in Rest of Rest of Putnam County Indiana U.S.A. 3 Months *17.40 *17.70 *19.00 6 Months *32.25 *32.80 *38.70 1 Year *63.00 *84.00 *72.70 Mail subscriptions payable in advance . . . not accepted in town and where motor route service is available. Member of the Associated Press The Associated Press is entitled exclusively to the use for republication of all the local news printed in this newspaper.
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Head butting under way over need for tax hikes
WASHINGTON (AP) - Congress has begun a new legislative year the way the last one ended-deadlocked with President Reagan over how best to stem the deluge of federal red ink. The president, holding his second White House meeting in as many days today with congressional Republicans, is insisting that for now the goals of a strict budgetbalancing law enacted late last year can be met with spending cuts alone. Reagan also insists he can maintain his military buildup. On Capitol Hill, most Democrats and some Republicans say tax increases will be necessary. “There’s no way that you can fix the deficit with taxes,” said Sen. Pete V. Domenici, R-N.M., chairman of the Senate Budget Committee. “Conversely, there’s no way you can fix the deficit with just budget cuts. So you need some of both.” But the president again told Republican congressional leaders Tuesday that tax increases are out of the question. “The president made it clear ... at the leadership meeting he doesn’t see any need for that,” said Senate Majority Leader Robert Dole, R-Kan. Dole, meanwhile, said he suggested to
Marion nursing home resident charged in rape
MARION, Ind. (AP) Psychological testing was ordered and a trial date set today for a 33-year-old nursing home resident charged in the rape of a severely retarded woman who is six months pregnant, authorities said. Judge Thomas R. Hunt of Grant Circuit Court also set a tentative trial date of Aug. 11 in the case of Wayne Anthony Morgan, according to Grant County Prosecutor Stephen Johnson. The testing was ordered to determine
Retarded woman who was raped dies
INDIANAPOLIS (AP) - A severely retarded woman who became pregnant when raped while a resident of a Shelbyville nursing home has died in an Indianapolis hospital, officials said. The 25-year-old woman died Tuesday of complications related to a “chronic illness,” police and doctors said. “We are saying that it doesn’t look like it’s connected with the pregnancy at this
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the president that “we’d like to have a sort of a partnership ... between Congress and the White House” to settle the budget problems. In the past, “sometimes it’s been a sort of a silent partnership,” Dole said, wryly noting last year’s budget squabbles between the White House and Senate Republicans. Reagan invited all GOP senators to the White House for breakfast today as part of an administration effort to clear away hard feelings that may be lingering from last year and to smooth the way for the austere budget plan Reagan will send to
Morgan’s ability to stand trial. Although Morgan asked to make a statement during arraignment today, Johnson said the judge told Morgan he should consult first with an attorney. Public Defender Donald Scheer was appointed. i-\.. Conviction on a rape charge, a Class D felony, carries.a.prison sentence of 6 to 20 years. Johnson said the woman, who has a normal weight of 52 pounds, is a patient at
time,” Shelbyville Police Chief Robert M. Nolleysaid. He said doctors were not certain whether the woman’s pregnancy contributed to her declining health. The woman, whose name was not released, had been a patient 10 years at Heritage house Children’s Center in Shelbyville. She was said to have the mental competency of an 18-month-old.
Boston school bus drivers
BOSTON (AP) School buses went out on their rounds Tuesday for the first time this year after drivers and school officials approved a settlement ending an 18-day strike. “I am delighted that children will be back in class and that parents can return to a normal way of life,” John A. Nucci, School Committee president, said Monday
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Congress early next month. That work will continue with a trip Reagan is planning to Capitol Hill on Jan. 31 to meet with House Republicans, who broke ranks with the president last year when he gave an approving nod to a tax overhaul proposal drafted by the Democratic-led House Ways and Means Committee. Although Reagan is trying to soothe bruised feelings, he is showing no signs of a willingness to give ground on the new budget he is about to send to Congress. The new law aimed at achieving a balanced budget by 1991 sets a deficit ceiling of $144 billion for the fiscal year beginning Oct. 1. With deficits now running at an annual rate of more than S2OO billion, Reagan is expected to recommend meeting the goal with about $54 billion in savings achieved through cutting or eliminating various federal programs or imposing user fees for government services. Many of the proposals are expected to be ideas Congress has rejected before. Administration officials have said the president also intends to request a 3 per cent increase in Pentagon spending, after inflation.
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Riverview Manner Nursing Home. “She has been institutionalized since age 14,” the prosecutor said. “She has neither walked nor talked and has the mental capacity of a 1-or 2-month-old infant.” Morgan has been at the facility four years, but has been allowed outside privileges. He has been working at a jobtraining center in Marion for handicapped people, the prosecutor said.
“We have some suspects at this time,” said Nolley of the rape investigation. “We’re running them down and want to interview them.” Police had eliminated other Heritage House patients as supects in the rape. Police said they were checking employees and visitors, including vendors, as possible suspects.
after the panel voted to approve the twoyear pact. Union drivers ratified the contract, which is retroactive to June, by a show of hands earlier Monday. The 600 drivers, members of Local 8751 of the United Steelworkers of America, went on strike Jan. 2. Attendance was down while the buses that transport 27,000
Senate okays lottery again; amendment's fate rests in House
INDIANAPOLIS (AP)-Friends and foes of an Indiana lottery have repeated the same arguments for years in the Legislature, and now it’s time to let Hoosier voters decide the issue, supporters of the measure say. “We could have just mailed in the arguments,” said Sen. Lawrence Borst, RIndianapolis, after pro-lottery forces prevailed over lottery foes for the fourth straight year in the Indiana Senate Tuesday. Senators, after an hour of debate, voted 30-20 in favor of Senate Joint Resolution 3, which would repeal the state’s 135-year-old constitutional ban on lotteries. The measure, sponsored by Borst and Sen. Louis J. Mahern, D-Indianapolis, now goes to the House. Before becoming part of the constitution, the proposed amendment must be approved in the current legislative session, either the 1987 or 1988 sessions of the Genera! Assembly and in a statewide referendum of Hoosier voters. Lawmakers would then have to pass legislation specifying what kind of lottery or legalized gambling the state would conduct. Borst and Sen. John Bushemi, D-Gary, another lottery supporter, said the Legislature should quit holding the lottery issue hostage and turn it over to voters. “We, as legislators, sometimes ought to start listening to the people,” said Borst. “The voters of our state are intelligent enough to make that decision,” said Bushemi. “The voters have listened to the pros. The voters have listened to the cons, and I, as a lawmaker, am ready to abide by their decision.” Borst said recent polls have shown that 75 percent of Hoosiers support a lottery. Borst, citing lottery ticket sales in other states, estimated an Indiana lottery, with a profit of about 40 percent of receipts, could generate S6O million to SBO million for state government. That money could relieve the need for future tax increases, he said. Bushemi said lottery revenue could be used to help make up for cuts in federal funding to state and local governments. “We need to get on with the business of availing ourselves of this source of revenue,” said Bushemi, adding that the earliest the state could get money from a lottery would be 1989. Sen. Morris H. Mills, R-Indianapolis, said a lottery’s ability to generate new revenue is exaggerated and misleading. He said the $250 million Borst estimated Hoosiers would spend annually on lottery tickets could buy enough goods and services to equal the output of 16,000 workers. “We don’t make new wealth (with a lottery). We expend resources that might be used better elsewhere,” said Mills. “I think the question is whether we want gambling as a public policy or not,” said Mills. “The economic statistics are just
end 18-day strike action
of the system’s 57,000 students remained idle. Busing is an important part of a court-ordered desegregation plan, which began in 1972. “This is a major victory,” said union President James Barrett. The drivers work for private companies but are paid by the school department. The contract, which expires in June 1987,
Selective Service to get names of loan applicants
WASHINGTON (AP) - The Department of Education will give the Selective Service System computer tapes with the names of 5 million student aid applicants in a move aimed at uncovering young men who have failed to register as potential draftees, officials said today. William J. Bennett, the secretary of education, and Maj. Gen. Thomas K. Turnge, director of selective service, announced the agreement at a news conference. It is the latest step in government efforts to carry out a 1982 law called the Solomon Amendment, which bars student aid from males who fail to register with the Selective Service System. The draft was abolished in 1973, but following the Soviet invasion of Afghanistan in 1979, the Carter administration and Congress began requiring young men to register at age 18. While their names are kept in a central file, they cannot be conscripted unless Congress passes new legislation reinstating the draft. The Education Department will share the computer tapes from its Pell Grant program each year with Selective Service. More than 2 million students receive Pell Grants each year and 5 million apply for them through the College Scholarship Service and the American College Testing
Our senators vote ‘no’ Putnam County’s three senators were among the minority Tuesday as the Indiana Senate voted 30-20 to approve a proposed constitutional amendment that would lift Indiana’s ban on lotteries. Voting “no” were Sen. William Dunbar (R-Terre Haute), Sen. Ed Pease (R-Brazil) and Sen. Richard Thompson (R-North Salem). In all, 12 Republicans and 18 Democrats voted in favor of the prolottery amendment. The 20 opposition votes included 18 Republicans and two Democrats.
rhetoric.” Sen. James Butcher, R-Kokomo, said it is “bad social policy, bad economic policy, bad government policy and bad legal policy to promote and operate a lottery.” A lottery would undermine the work ethic and encourage the growth of organized crime, said Sen. Willim Costas, R-Valparaiso. Mahern said he sympathized with those who argue against the lottery on moral grounds. “I respect anyone who thinks gambling is immoral,” said Mahern. “If you think gambling is immoral, don’t gamble. But don’t stop other people in Indiana from gambling just because yoi think it’s immoral.” : Borst predicted the lottery measure will win committee approval in the House if Rep. Dan Pool, R-Crawfordsville, agrees to hear the measure in the House Commerce Committee. “Representative Pool is the key to it,” said Borst. Pool, chairman of the commerce panel wouldn’t promise Tuesday that he would hear the bill. “My position is the same as it wds before,” sid Pool, a lottery opponent. “This is a short session for emergency measures. If we get to that one, fine. “I voted against them before,” he said of lottery proposals. “I don’t think the state should be in the business of gambling.” The measire was killed in the House Commerce Committee last year. Borst said Speaker of the House J. Roberts Dailey, R-Mincie, has promised to call the measure down in the House if it wins committee approval. The full House, which has never voted on the lottery amendment, would overwhelmingly support it, Borst predicted. Dailey confirmed Tuesday that he plans to honor his promise to Borst to call the measure if it wins a committee endorsement.
was hammered out after 10 hours of negotiations Saturday shortly after Mayor Raymond L. Flynn stepped into the dispute. Under the new contact, the hourly wages of bus drivers increased from $10.12 to $10.63, and those of van drivers, who transport special needs children, rose from $6.50 to $7, Forman said.
program. The Solomon Amendment named for its sponsor, Rep. Gerald B. Solomon, R-N-Y. requires male students to register or be denied federal grants and loans. Students must sign a statement that they have complied with the registration law. Bennett said the new arrangement “will not only protect the federal taxpayer, but also fulfill our obligation to those millions of fine young men who have registered to serve their country if ever needed.” He quoted Theodore Roosevelt as saying “the first requisite of a good citizen in this Republic of ours is that he shall be able and willing to pull his weight.” “One of the ways in which coUege students can pull their weight and fulfill their responsibility of citizenship is by standing ready to defend their country in time of need, ’ ’ Bennett said. Tumage said, “Over $8 billion of the taxpayers’ money support the federal student aid programs, and I am happy that technological advances give us the capability to monitor these most important programs.” d required t 0 re ß»ster at any U.S. Rost Office within a month of their 18th birthday. Government officials say 96 percent have done so, with 15 million registered since i 960. 5 The penalty for failure to register is up o five years in prison and a SIO,OOO fine. *