Banner Graphic, Volume 18, Number 36, Greencastle, Putnam County, 19 October 1987 — Page 2
A2
THE BANNERGRAPHIC October 19,1987
U.S. destroys 2 Iranian facilities in retaliation
WASHINGTON (AP) U.S. warships today destroyed two Iranian platforms in the Persian Gulf in retaliation for last week’s attack on a U.S.-flagged tanker, an action President Reagan called “a prudent and restrained response.” In a statement read to reporters by his spokesman, the president described the one-time oil drilling facility as “a military platform” and said it had been “used to assist in a number of attacks on non-belligerent shipping.” White House spokesman Marlin Fitzwater said gunfire from the four destroyers destroyed “the two platforms at one location. They both collapsed.” Pentagon spokesman Fred S. Hoffman said no Americans were injured in the attack, which began at 7 a.m., EDT. At least some of the 20 to 30 Iranians on board abandoned the platforms after the U.S. forces radioed 20 minutes’ warning. Fitzwater said the shelling lasted about 90 minutes. “The Iranians indicated they had heard the warning because they reported it to their headquarters,” he said. Fitzwater said the Iranians were seen leaving the platforms on boats before the five-inch guns on the destoryers Kidd, Hoel, Young and Leftwich opened
200-point plunge!
Dow Jones in record fall, but recovers 65 points
NEW YORK (AP) Waves of panic devastated the stock market today in one of the most frantic days in the history of Wall Street as the Dow Jones industrial average dived more than 200 points, then quickly regained about 65 points. The Dow average was down 135 points to about 2,111 at about 11:20 a.m., a sharp recovery from its low point of a 208-point decline a few minutes earlier. The decline left the average 22 percent below its peak of 2,722.42 on Aug. 25. The Dow’s 200-point plunge came just one trading day after the Dow posted its first decline of more than 100 points. The decline dwarfed Friday’s record point drop in which the Dow industrials fell 108.36 points. Trading was extraordinarily heavy. About 171 million shares changed hands by shortly after 11
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a.m. as computer programs automatically sold stocks into a market in which there were few traders brave enough to buy. The tape that reports transactions was running 42 minutes behind. The pace of trading was enough to easily break Friday’s volume record of 338.48 million shares. The sell-off on Wall Street echoed plunging prices earlier today on exchanges around the world. The dollar sank and interest rates and gold prices leaped. Markets continued to be battered by the same concerns about inflation, interest rates and dollar weakness that helped spark last week’s steep decline. Pessimism was so strong in New York that the opening of trading was delayed for most of the stocks in the Dow industrials because of an excess of sell orders.
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fire, pounding the facility with an estimated 1,000 shells. He said he had no information on whether any Iranians were picked up by Navy vessels. At a Pentagon briefing, Defense Secretary Caspar Weinberger said the destroyers carried out the attack on the Rostam facility, which he said had not produced any oil in at least a year. Fitzwater said he wanted to emphasize “the restrained nature of this action. The precision with which we tried to identify a target was proportionate to their attack by a Silkworm missile” on Friday of the Sea Isle City, a Kuwaiti tanker flying the U.S. flag. “Our purpose was to avoid casualties, not to cause them but at the same time to make the important political and military point,” he said when asked why the United States had not attacked the missile sites in occupied Iraqi territory. Fitzwater said the attack should not be taken to mean the United States was “on the side of Iraq” in the seven-year war between Iran and Iraq. “We certainly believe we have not done anything to expand the war or change our position there,” he added. Weinberger, who had annouced the attack minutes
Earlier, share share prices had taken a beating on exchanges in Tokyo, Hong Kong, London and elsewhere. Money continued to pour out of stocks and bonds into gold and shortterm Treasury securities, which are considered safe havens in times of crisis. “Unless you can make a case for a major recession or World War 111 we cannot really justify such a severe decline,” Suresh Bhirud, an analyst for Oppenheimer & Co., said today. In New York, gold jumped to a bid of $486.75 an ounce as of 10:30 a.m. The price of the benchmark 30year Treasury bond with a face amount of SI,OOO plunged more than sls as its yield rose to nearly 10.4 percent as of 10:30 a.m. But money flowing into threemonth Treasury bills pushed down their yield to 6.745 percent.
Surgery planned to save Jessica's foot
MIDLAND, Texas (AP) Doctors planning more surgery today on 18-month-old Jessica McClure say they’re encouraged but unable to guarantee they’ll be able to repair damage to her foot sustained when she was jammed in a well 2*6 days. “I don’t want anybody to think that she’s out of the woods as regards her foot, because she’s not,” Dr. Charles Younger, an orthopedic surgeon, said Sunday, adding that Jessica’s condition improved. Also Sunday, Vice President George Bush, who was in Texas for campaign appearances, stopped by Midland Memorial Hospital to visit with Jessica’s parents. “This is what America is,” said Bush of the 58-hour rescue efforts. “The rock was hard and they couldn’t get through, but they heard
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earlier, said: “We do not seek further confrontation with Iran but will be prepared to meet any further military escalation by Iran with stronger retaliation,” the secretary said. “We consider this matter is now closed.” Hoffman said that after broadcasting a warning to the Iranians on the platforms, the destroyers waited about 20 minutes and then opened fire from a distance of 6,000 yards. Hoffman said that based on initial reports one section of the facility had been completed destroyed by the naval gunfire and the second section was “90 percent destroyed.” Hoffman told reporters that the cruiser USS William H. Standley had positioned itself between the platforms and the Iranian coast during the attack in case any Iranian planes attempted to interfere. Weinberger said U.S. surveillance and fighter planes were also flying over the area during the attack to ensure protection for the ships. Weinberger said Saudi Arabia and Kuwait had been told of the plans for the attack and had been “cooperating very well.” Hoffman said the Soviet Union and Iran were notified
Mrs. Reagan 'fine/ in recovery
WASHINGTON (AP) Nancy Reagan, recovering from the surgical removal of her cancerous left breast, is “feeling fine” and is anxious to return to the White House with President Reagan and resume her public activities. Doctors told the couple on Sunday that final laboratory tests showed Mrs. Reagan’s cancer had not spread and her prognosis for full recovery is excellent. “Mrs. Reagan is recovering remarkably well from surgery,” Reagan’s physician John Hutton
the voice and they wouldn’t give up and for 60 hours, they dug.” Doctors planned explororatory surgery today to examine the right foot and determine further treatment. They also hoped to perform plastic surgery on her forehead to remove a section of dead skin and prepare for covering the spot with adjacent skin. Jessica, who was listed in serious but stable condition Sunday night, underwent a fasciotomy Saturday. The operation is designed to relieve pressure from swelling. The toddler fell into the well Wednesday morning and was wedged in the narrow shaft for 2'6 days. Her right foot was jammed against the side of the well and lost some circulation. She also suffered a pressure sore on her forehead, which
AIDS killing women faster
c. 1987 N.Y. Tinies News Service NEW YORK Women with AIDS are sicker and are dying more quickly than men who have the disease, a finding that is shocking and puzzling AIDS researchers. Although there are no good national data on the comparative experiences of women and men with AIDS, studies in New York, Miami and California have found that women are dying significantly faster than men after being diagnosed as having AIDS. There is no obvious explanation, say several researchers who believe the difference may be a genuine one, not simply a consequence of, say, women’s being diagnosed later in the course of the disease.
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said in a statement released by the White House. Hutton said Mrs. Reagan’s medical team is “completely satisfied with her progress in every respect.” A 12-doctor team removed the first lady’s left breast and several lymph nodes from under her arm on Saturday in a 50-minute operation. The surgery followed a biopsy that revealed a quarter-inch malignant tumor. The first indication of the lesion came Oct. 5 during Mrs. Reagan’s annual mammography.
was pushed against the shaft. “Her foot is pinker. It’s still not a normal color at all. It’s cool. It is not warm like her left foot,” said Dr. Shelton Viney, a vascular surgeon. “I want you to know that we’re still very concerned about that foot. We still have to watch it very closely,” Viney said. “It is still a day-by-day process. We’re very hopeful, but we may not be able to save the foot.” He said if everything goes right, Jessica will undergo surgery Friday to graft skin from her thighs onto her foot. Jessica slept while Bush talked to her 18-year-old parents, Chip and Reba Gayle McClure, in the intensive care unit. Later. President Reagan called, asking the McClures to give the tot “a big kiss.” Mrs. McClure said Jessica cries in
The data are attracting interest because they may provide researchers with a clue about how and why a person infected with the AIDS virus develops full-scale acquired immune deficiency syndrome. When people develop AIDS, their immune systems become crippled, opening the way to a variety of infections and cancers that cause illness and death. “We see a dramatic difference in the survival of women with AIDS,” said Dr. Margaret Fischl of the University of Miami, one of the researchers who found the effect. She added that she was “disturbed by the unbalance.” While scientists have no sure evidence on what accounts for the difference, many are speculating
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of the action as the attack began. “What is important is ... for Iran to realize that they cannot make unprovoked attacks on neutral, nonbelligerent, legitimate shipping in the gulf without some cost to them,” Weinberger said. Both Weinberger and Fitzwater insisted the action should not trigger the War Powers Act which would require the president to withdraw U.S. forces after 60 days unless receiving approval from Congress to keep them in the region. “I expect Congress to be supportive of this action,” said Fitzwater. He said the administration had complied with the reporting provisions of the act and insisted that the law - “unfairly ties the hand of the president.” ’ •. The White House spokesman insisted that the action; represented no widening of U.S. involvement in the Persian Gulf war between Iran and Iraq. “We think it was a restrained and measured respoh- * se t*hat sends a signal that the United States cannot tolerate these attacks,” he said. * The destruction of the platforms, Weinberger said, “will contribute materially to the future safety of American operations in the gulf. ”
that a biological difference might be involved. “The reason may be hor 7 monal,” Fischl said. “AIDS in women may be a different disease.”; But the experts who were in? terviewed are also cautious, warning that before any conclusions ard drawn about biological reasons for the differences in survival times; social reasons, such as poor access to medical care, must be ruled out; “We must be careful at this point.” Nonetheless, investigators said, the figures are at least an intriguing hint at new directions for research. “It’s a potential avenue for investigation and a potential avenue for therapy,” said Dr. Richard Rothenberg of the Federal Centers for Disease Control in Atlanta.
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“She’s feeling fine,” Reagan told reporters Sunday after spending six hours with his wife at Bethesda Naval Medical Center. Reagan said the doctors told him “she’s ahead of schedule” in her recovery. “No further treatment is expected, other than normal routine examinations. Mrs. Reagan’s prognosis for full recovery is excellent,” the statement added. Hutton said Mrs. Reagan was feeling “very little pain” and was given a mild painkiller.
her sleep. Pediatrician Debbie Reese said Jessica has been singing a Winnie the Pooh song, a tune she sometimes sang while trapped, but Jessica isn’t enthusiastic about the treatment. “She’s cranky. She tells us no. She doesn’t like the things we db, drawing blood and restraining her.” In order to keep intravenous tubes in both wrists, doctors have strapped her hands to boards along each arm. “I feel like she’s at a real good age, though, that she will eventually forget the majority of this trauma,” Ms. Reese said. The McClures said once Jessica is allowed to go home they plan a party. “We’re going to have a big bash for this little girl,” Mrs. McClure said.
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