Banner Graphic, Volume 16, Number 140, Greencastle, Putnam County, 24 January 1986 — Page 2

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The Putnam County Banner Graphic, January 24,1986

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Philippine President Ferdinand E. Marcos is dressed in battle fatigues during a visit to troops in a military camp north of Manila. Marcos was the subject of controversy this week

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when the United States Army rejected his claims that he led a World War II guerrilla unit. (AP Laserphoto)

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Delegation to emphasize fair election

Lugar will lead U.S. observers to Philippines

WASHINGTON (AP) - Sen. Richard Lugar, R-Ind., chairman of the Senate Foreign Relations Committee, has decided to lead American observers of the Feb. 7 Philippine presidential election to emphasize U.S. hopes for a fair contest, a source says. But Rep. Dante Fascell, D-Fla., chairman of the House Foreign Affairs Committee, joined a growing list of lawmakers who said they would not go. “I don’t plan to go; I don’t think there should be any congressional group from here because of the questions about the fairness of the election,” Fascell said Thursday. Rep. Stephen J. Solarz, D-N.Y., chair-

Marcos shuns report of his phoney war record

MANILA, Philippines (AP) President Ferdinand E. Marcos, whose war record has been a major asset in his long political career, says he will ignore a news report that a U.S. Army investigator found his antiJapanese guerrilla group to be “fraudulent.” “My opponents now say that Marco 6 is not a genuine guerrilla, that he did not really fight,” Marcos said in a campaign speech Thursday. “I don’t know where they get such foolishness. You who ... fought under me, you be the ones to answer these crazy individuals, especially the foreign press,” he told the crowd, which included many World War II veterans. Marcos talks about his war record in nearly every interview and speech, and tells war stories in his campaign speeches for the Feb. 7 election. The New York Times on Thursday quoted U.S. Army

Marital Property Act on its way to the House

INDIANAPOLIS (AP) treat marriage partners as equals when it comes time to divide the spouses’ property, a state senator says. Sen. Virginia Blankenbaker’s argument carried the day in the Indiana Senate Thursday, when lawmakers voted 31-19 to approve the Uniform Marital Property Act. Blankenbaker’s Senate Bill 6, which now goes to the House, would treat, property acquired during marriage, including salaries, as maritg} property, owned equally by each spouse. There would be exceptions for gifts worth up to $2,000 and inheritances received by one spouse. Property acquired before the marriage would remain solely owned by one spouse, but an increase in the value of that property during marriage would be split between the husband and wife. “The purpose of this bill is to improve the economic status of the family,” said Blankenbaker. Mrs. Blankenbaker said the measure would repair the inequities of current Indiana law. She said that, under current law, one spouse can completely disinherit another by protecting property through trusts or partnerships. If there is no will, a surviving spouse with two or more children is given one-

Consumer group criticizes loophole

Bill limits lime banks can hold onto checks

WASHINGTON (AP) Americans living from paycheck to paycheck could get at their money faster to pay for mortgages, food and other expenses under a new House-passed bill that limits the time banks can hold checks before allowing customers to use the cash. But one consumer organization expressed disappointment with a key amendment that would give banks a loophole if tellers suspect a check would fail to clear because of fraud, bankruptcy or similar circumstances. By a vote of 282-11, the House on Thursday passed and sent to the Senate the Expedited Funds Availability Act. It sets a maximum number of days a financial institution can hold a deposited check, cash or funds transferred by wire without freeing up the money for the customer. However, Senate Banking Chairman Jake Gam, R-

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AQUINO man of the House subcommittee on Asian and Pacific affairs, earlier said he would refuse to go. Several senators on the Senate Foreign Relations Committee said

documents on a post-war military investigation that concluded Ang Mag Maharlika, the guerrilla group Marcos says he led, “never existed” as a fighting organization and was not controlled adequately “because of the desertion of its commanding officer” Marcos, who eventually joined an American military unit. The Times, citing 400 pages of Army reports on Marcos’ military career, said one investigator, U.S. Army Capt. Elbert R. Curtis, found the “Ang Mag Maharlika Unit under the alleged command of Ferdinand Marcos is fraudulent.” The newspaper said the documents were found in the National Archives in Washington by a historian doing research. Marcos said he will ignore his detractors because “they are all going crazy.”

third of the deceased spouse’s estate, she said. By contrast, a divorcing spouse can acquire a greater share of marital property because a judge in a divorce case can divide property without regard to whose name is on the title. “In Indiana, you’re a non-person until the death of a spouse. Then it’s all over the map on how you’re treated,” she said. Sen. James R. Monk, D-Sullivan, said the marital property act would not relieve that confusion, but would add to it. “It’s a bill that will lead to absolute chaos in the practice of divorce and probate law,” said Monk. He suggested that the problems Mrs. Blankenbaker cited in current law could be solved by increasing the forced share of an estate from one-third to one-half and by enlarging the definition of what property is included in the estate. Sen. William Vobach, R-Indianapolis, said he disagreed with the bill’s “reachback” provisions that could make property acquired before the act took effect shared marital property. He also said the bill would cut the amount of an estate children would receive. “Let’s give it some more work. Let’s give it some more thought,” said Vobach.

Utah, wants to include the check hold bill in an omnibus banking package, a move that could delay final passage until much later in the year. House Banking Committee Chairman Fernand J. St Germain, D-R.1., chief proponent of the check hold bill, said in floor debate Thursday that banks play “the float” game with customers’ money to earn billions of dollars through interest and fees on checks inadvertently bounced by depositors. For the first three years of the bill, local checks would be available for withdrawal in just one to three business days. Most out-of-state checks could be withdrawn on the seventh business day after deposit. Thrifts and credit unions would be given one extra business day to comply with the timetable. But before passing the bill, the House adopted an amendment favored by the banks and opposed by con-

they did not think a congressional delegation was warranted to observe the election in which Mrs. Corazon Aquino seeks to oust President Ferdinand Marcos after 20 years of rule. Administration officials and many members of congress are concerned that the Marcos-controlled election machinery will keep Mrs. Aquino from winning no matter how many votes she gets. The White House had been pressuring both Lugar and Fascell to jointly head an official delegation made up of about 40 members to include members of Congress, prominent Americans from universities and the private sector and government officials.

Some people won’t accept money even if it’s free, new storeowner discovers

INDIANAPOLIS (AP) - There are some people who won’t take free money, according to Indianapolis promoter Steve Papesh. Papesh says he stood at a corner on the city’s northwest side Tuesday trying to give 300 $1 bills to motorists at a stoplight. The reason he wanted to give way the money, Papesh explained, was to draw attention to a convenience store he opened last August. “The problem is, nobody knows I’m here,” Papesh told an Indianapolis News columnist in explaining the promotion. Papesh says he had to have quick feet to avoid being injured during the promotion. “I almost got run over severai times by people who refused to acknowledge I was there,” he said. “I took 20 flyers (poems with dollar bills attached) outside to the stoplight at the lunch hour. I was out there about a half-hour and had 12 turndowns.

Paul Wolfowitz, the assistant secretary of state for Asian affairs, said he thinks it is important for observers to be there even though only the Philippine people themselves can guarantee a fair election. “Observers can help deter fraud and underscore the importance the United States attaches to the election,” he said. Some American observers will be included in an unofficial delegation of about 40 observers that is being arranged by the National Endowment for Democracy and will be 80 percent financed by federal funds, said Keith Schuette, executive director of the National Republican Institute for International Affairs. The group also will include foreign observers.

Information Minister Gregorio Cendana said in a statement issued in Manilla and made available by the Philippines Embassy in Washington that the reports were “reeking with malice and the most vicious form of black propaganda.” He called the reports “a clear case of character assassination and a fabrication of the worst kind.” Various Philippine government reports say Marcos won 27,28,32 or 33 medals. He is described as the most decorated soldier of the war and claims more honors than U.S. Gen. Douglas MacArthur, who directed the Allied war in the Pacific. The 68-year-old president, in office for 20 years, says he was wounded five times and frequently attributes long absences from public view to complications caused by shrapnel still embedded in his abdomen and legs.

“I came back in (to his store), got warmed again and went back out with 20 more. I went to about 14 cars and only three people would take them. It got real discouraging.” By late afternoon, Papesh had given away only 82 dollar bills, and he called it a day. He figures he had 50 to 60 rejections during his efforts. But, he believes the promotion has helped. “I had people who came in Wednesday who I know had never been in here before,” he said. “I think a clown suit might have worked better. A lot of the lady drivers saw me in my street clothes and probably thought I was going to jump into their car. I can understand that, up to a point. “If I’d worn a clown suit, they would have known I was serious but it also was a joke. No rapist is going to stand around in a clown suit drawing attention to himself.”

sumer groups. It would permit bankers to hold a check for as long as they wish if they suspect the check might not clear because of fraud or impending bankruptcy by either the drawer or drawee. In that case, bankers would be given two days to notify the depositer if they refused to clear the check for payment. Mike Caudell-Feagan, a staff attorney with the U.S. Public Interest Research Group, expressed disappointment. “Low income consumers those without much economic clout - could be subjected to the same check holds as they are now two weeks or more,” he said. AH that banks have to do is phone those customers and teU them there will be a long hold on their deposited checks.” * St Germain also opposed the amendment.

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