Banner Graphic, Volume 17, Number 62, Greencastle, Putnam County, 12 November 1986 — Page 3

U.S. readies sanctions against Syria without full break

WASHINGTON (AP) - President Reagan is expected to act promptly on recommended sanctions against Syria that one official says stop short of a break in diplomatic relations with the Arab nation. The recommendations sent to Reagan by Secretary of State George P. Shultz would bar the return of Ambassador William Eagleton to Damascus and reduce the size of the Syrian Embassy in Washington, the official said Tuesday. Also, American oil firms would be asked to cut back their operations in Syria, said the Reagan administration official, who spoke only on condition he not be named. He described the sanctions as

. .. .. .... X' <■. ~ ■«” irn ■■Q •f WHM K f Ml ' •RSHMbi <4? . I B S I MMmß® * ?WS Jp*4Bf3 -' * _3 ~ x ■ - -

The nose door of a CSA military cargo plane is raised at Stapleton Airport in Denver this week for the loading of a Martin Mariet-

Ward ready to file recount petition

SOUTH BEND, Ind. (AP) - Democratic challenger Thomas W. Ward, defeated by 66 votes in the 3rd District congressional race, will probably file his recount request just before the Nov. 19 deadline, a spokesman says. “We’re not yet announcing what day we’ll file, but it seems more likely than not we’ll take the fullest advantage of the time we’ve got,” press secretary Bob Dion said Tuesday. “There’s a lot riding on this.” Ward’s groundwork for the recount request began in earnest as-

Don't shoot, he's only an assessor GRAND MOUND, lowa (AP) Keith Smith,, who drives around small towns doing property appraisals, usually isn’t greeted by police with weapons drawn. But it happened Tuesday when a Clinton County sheriff’s deputy spotted Smith’s out-of-state maroon Pontiac. It matched the description of a car involved in a bank scheme in Minnesota several weeks ago. The deputy, thinking he had chanced upon the fugitive, called for reinforcements! When other officers arrived about 15 minutes later, they cautiously pulled over the car and approached with guns drawn, Clinton County Chief Deputy Roger Heilig said. “He was able to provide identification, and it was verified through the assessor’s office,” Heilig said. “We felt bad for the guy. He was scared, but he understood why we did what we did.”

TALKING PLUSH at: Holly Shop CHRISTMAS DECORATIONS • DINNERWARE ' PLUSH * CANDLES • PAPER goods DOLLS • JEWELRY • HUMMELS , the unusual gift can be found! ; “Layaways Welcome” Mon.-Sat. 9:30-5:30 ajjKHHHf 830 Indianapolis Road Sun 12-5 Greencastle, Ind. Phone 653-8810

U.S. uses Iranian contacts for hostage efforts

By The Associated Press The Reagan administration will keep trying to gain the release of two American hostages being held in Lebanon by working through unpublicized Iranian

“pretty mild” and stressed that a final decision was up to Reagan. Britain broke relations with Syria last month after a Jordanian, Nezar Hindawi, was convicted of working with Syrian diplomats in trying to plant a bomb on an El Al airliner in London.

ta Titan 34D space launch vehicle. The launch vehicle, built by Martin Marietta's aerospace plant west of Denver, was being

ter Secretary of State Edwin J. Simcox officially declared Republican incumbent John Hiler the winner. All voting machines from the district’s 447 precincts have been impounded by state police in anticipation of the recount. “Now the ball’s back in our court,” Dion said. Ward, a Knox attorney, and staff members are identifying which precincts will be reviewed by the state election Recount Commission. “We’re not out to uncover anything terrible or devious,” Dion said. “It’s just that when 160,000

Troubled banks list adding another daily

SAN FRANCISCO (AP) The government’s list of financially troubled banks is growing by one bank a day as the industry continues to be buffeted by bad loans and stiff competition, a top federal regulator says. L. William Seidman, chairman of the Federal Deposit Insurance Corp., said Tuesday his agency is adding a bank daily on average to its watch list of institutions with such weak balance sheets that there is a danger they could fail. There are now 1,450 institutions on the trouble list about one bank in 10 compared with 1,150 at the beginning of the year. While typically only about 10 percent of the troubled banks fail, Seidman noted that already this year his agency has had to close 123 banks, a post-Depression record. He said he expected the total of failed banks would hit 150 before the year is over, and he said 1987 would not show any improvement. Seidman said despite these problems the FDIC, which insures deposits in 15,000 banks, is sound, with reserves expected to grow by more than SSOO million this year to approximately SIB.B billion.

contacts, according to a published report. President Reagan was told at a high-level meeting Monday there still is hope that Americans Terry A. Anderson and Thomas M.

The Reagan administration withdrew Eagleton from Damascus in support of Britain and urged West European governments to impose punitive measures against Syria. Shultz, who plays a key role in shaping U.S. policy on terrorism, did not recommend a U.S. break with

votes are cast, human error is bound to arise here and there, and one or two votes might not get counted. “One or two votes could get lost in the shuffle, but when you’re looking at the closest race in the country, it becomes significant,” he said. Hiler also has the right under state law to cross-petition for recounts in specified precincts. Ward spent the day conferring with attorneys familiar with Indiana’s new recount law and planning a meeting with the district’s six Democratic county chairmen. “We’re confident it will be a fair

Seidman’s comments came at the annual convention of the U.S. League of Savings Institutions, which was winding up a three-day meeting today. By contrast to the health of the FDIC, the Federal Savings and Loan Insurance Corp., which insures deposits at 3,200 S&Ls, has reserves which likely will drop below $1 billion by January. That statement was made Tuesday by Edwin Gray, chairman of the Federal Home Loan Bank Board, which regulates S&Ls and controls the FSLIC fund. Gray told convention attendees that once the reserves drop to this low a level, he will have to stop acting on any S&L closure cases. Even now, hundreds of technically insolvent S&Ls are being kept open because regulators do not want to exhaust the funds in FSLIC. The league has come out in support of a one-year, stop-gap measure which would pump $3 billion into FSLIC next year. However, Gray said he and the Reagan administration remain committed to the sls billion, five-year refinancing proposal that failed to win congressional approval last year.

Sutherland might be freed by the pro-Iranian group that holds them, The New York Times reported in its Wednesday editions, quoting unidentified administration sources.

President Hafez Assad’s government or that the American diplomatic corps in Syria be reduced, the official said. However, Eagleton will not return to his post, the official said. If Reagan adopts the recom-

shipped to Vandenberg Air Force Base in California. (AP Laserphoto)

and open process,” Dion said. “We’re bound just like anyone else to acknowledge their decision is final. Our staff is confident that when the smoke clears, (Ward) will be reaffirmed as a new member of Congress.” Dion said Ward has not ruled out an appeal to the House of Representatives should Hiler be declared the winner of a fourth term. “We haven’t even crossed that bridge yet, so I can’t speak on that, really,” he said.

TORR’S J Restaurant fatarwctMMU&io&zsi 653-2666 ffoV mwumtmu Daly Umcb Buffet [O/ NfaMr Mm* iMctab Wflt Me 4-SiM*.a. Soup *N* Solod Bor |TI Many Menu Items Discounted For I H Senior Citizens and Children TOE THURSDAY Mexican & Italian ■ |j Buffet s4as fl M with salad bar fiffl

“At first I didn’t want to talk about our funerals. But, now I’m glad we did.” We chose Forethoughts,, funeral planning It’s one of those things that’s so easy to put off, put out of your mind. And I guess that’s what I was doing. But, once he started asking me questions about how I wanted my funeral to be, I realized how important it is for the people we leave behind to know these things. He had no idea that I wanted a simple eulogy, and just that discussion alone started us on all sorts of other topics. I found out he doesn’t like organ music. We even had a few laughs. Forethought is funeral planning... before the need arises I thought planning our funerals together would be a terribly sad thing. But, actually, it brought us both a great sense of relief. Now we know neither one of us has all those decisions facing us in the future and we won’t have to secondguess whether we did the right thing... did what the other one would have wanted. It’s all planned and even paid for with the Forethought life insurance policy designed and approved specifically for Forethought funeral planning. And, because we’re both between 40 and 90 years old, we can’t be turned down for any reason. There’s a real peace of mind that comes with having it taken care of ahead of time with Forethought. « pm., Fore-hough. Call or write for details today

FORE THOUGHT Funeral Planning... Before the Need Arises FUNERAL HOME NAME ADDRESS PHONE NUMBER Member Forethought Group'’ 1 ' 1 Hopkins-Rector Funeral Home 703 Washington, Greencastle 653-6262

The White House remains convinced that there is a strong enough chance for the release of Anderson and Sutherland to warrant the continued effort, the officials told the Times.

mendations, Syria will become the seventh country against which Reagan has imposed some economic sanctions. The others were Libya, Poland, South Africa, the Soviet Union, Nicaragua and Iran. On Monday, 10 members of the

Lugar, Hamilton say lid on information

INDIANAPOLIS (AP) Congressional leaders from Indiana say the Reagan administration has provided them with no information about alleged arms deals with Iran to free American hostages in Lebanon. Sen. Richard Lugar, outgoing foreign relations chairman, said he had spoken with Secretary of State George Shultz several times over the phone this week, but Shultz had been “uncommunicative” on the Iran matter. Rep. Lee Hamilton, Democratic chairman of both the House Intelligence Committee and the Middle East subcommittee of the House Foreign Affairs Committee, called the black-out of news “quite extraordinary.” “I’ve talked to top people at the White House and State Department

Mo«-Fri. 6 a.m.-l e.m. jf /> JV Sot. < Sun. 7 a.m. Prices good thru Nov. 986 W» rMOTva HM rifbt ta M swiitltier ORDER rOOR THANKSGIVING NEEDS NOW!

GROUND 099 BEEF 10 1b.7

FAYGO,,.. 3taß9C

BEER 4 WINE Miller Lite 2-12 pock *7.99 Pabst Blue Ribbon 12p«ck *3.69 California Cooler <p«t *2.99 inglenook Carafe Wine rsom. *2.99

Name Address City State Zip Phone Number

Terry L. Richards Funeral Director and Licensed Fore Thought Agent Member Fore Thought Croup tm

November 12,1966 THE BANNERGRAPHIC,

European Community backed Britain by banning sale of new arms to Syria, suspending high-level official visits to and from the country and agreeing to “review the activities” of Syrian diplomats. Greece did not go along, and the others implicitly left themselves the option of fulfilling deliveries of military equipment already under contract to Syria. Shultz told reporters Monday on a flight to Guatemala for a meeting of Western Hemisphere foreign ministers that he had made recommendations on sanctions to Reagan, but he provided no details. “It is beyond doubt that Syria has been and is involved in terrorist activities,” Shultz said.

many times before, but I’ve never had a total shutout of information,” Hamilton said. “They just simply will not talk about it.” Hamilton has asked the House leadership to let him schedule meetings of his committees later this month to discuss the situation. Shultz will be asked to appear at those meetings, but Hamilton said he is not optimistic the secretary of state will agree. Lugar’s press secretary, Marie Helmke, said the senator plans to personally seek some information on the alleged arms deals with Iran. Helmke said John Poindexter, White House National Security Adviser, had given Lugar some information, “but the senator has more questions.”

PLATTER «49 BACON I K».

Donald L. Pearson Funeral Director and Licensed Fore Thought Agent Member Fore Thought Group tm

A3