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October 24, 1979 - Image 9

Resource type:
Text
Publication:
The Michigan Daily, 1979-10-24

Disclaimer: Computer generated plain text may have errors. Read more about this.


The Michigan Daily-Wednesday, October 24, 1979-Page 9

State
LANSING (UPI)
Tuesday, on a narr
degislative approva

House passes bill outlawing redlining
- The state House bill is a so-called "take-all-c
ow vote, gave final Bpdistricts provision. Under this rule, ev
al to a long-sought ce sumer who meets st

comers"
try con-
atutorv

measure outlawing redlining in home
and auto insurance.
The measure was approved 64-41 -
just eight votes more than the 56 needed
to pass the bill - and sent to Gov.
-William G. Milliken's desk.
" During debate, house Speaker Bobby
Crim urged passage of the compromise
proposal produced by a joint House-
Senate conference committee.
This is a reasonable, workable
proposal that's a giant step forward for

the consumers of this state," Crim said.
The speaker pointed out lawmakers
have spent nearly two years at work on
the bill. "This is not a rush job," the
Davisdn Democrat said. "It was done
carefully and deliberately."
The proposal was mandated by the
Michigan Supreme Court, which said
steps had to be taken to guarantee the
availability of insurance and appeal
procedures provided for persons denied

insurance.
The measure is aimed at eliminating
inequities between the rates paid for
auto and home insurance by city
dwellers and cheaper packages sold to
suburban and rural residents.'
The controversial bill was strongly
opposed by several elements of the in-
surance industry, which later suppor-
ted the conference report.
Among the changes mandated by the

requirements mxust be insured.
Insurers can only refuse to write
policies based on objective methods
such as points on a driver's record or a
house that is in disrepair.
The bill also strikes at the practice of
territorial redlining, which insurance
companies refuse to write policies on
homes in certain areas, or insure
property at exhorbitant rates.
The measure limits differences in
auto and home insurance premiums
based on where the policyholder lives.

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Approved by the American Bar Association.

I. 'I

C"

$tate may profit from lower Chinese export tariff
(Continued from Page 1)
,; enr e e the tral d rpm

,.

JACK BURDOCK, spokesman for the
state Commerce Department, pointed
out that Michigan officials have ac-
tively, pursued trade with China. Bur-
dQck said considering the "time and
money" Michigan has spent promoting
its-goods to the Chinese, the state can be
called an "aggressive advocate" of
f1j"N status for China. He said Gover-
njr William Milliken's current trade
mission to China is one example of the
sate's interest in dealings with the
Chinese.
Daedalus Enterprises, Inc., a local.
fiym which sells geographical scanning
egiipment to the Chinese, also
wefcomed Carter's move to grant China
MFN status, according to Tom
Casoglos, the firm's vice-president.
Last year, the U.S. State Department
denied the firm's request to sell equip-
nient to the Chinese. It was after a four-
month delay and final approval by a
North Atlantic Treaty Organization
(NATO) committee that Daedalus En-
terprises was permitted to deal with
hina.
"If China is granted MFN status, said{

Casoglos, other firms would
"definitely" have an easier time
trading with the Chinese. "Right now,
U.S. companies can't offer credit (to
the Chinese)," he noted. If Congress
approves the trade agreement, "com-
panies could use government funds as
part of their credit," he said.
CHINA HAS established lines of
credit in Japan, England, France and
America, but hasn't drawn upon them
often, said Albert Feuerwerker, direc-
tor of the University's Center for
Chinese Studies. Within the next year,
however, he said he expects to see some
increase in China's foreign borrowing.
University Political Science
Professor and China expert Allen
Whiting also said he expects China to
borrow more funds from foreign coun-
tries. "Now they are trying to get the
best terms they can get," he said.
The impact of Chinese exports on the
American economy will be small, said
Whiting, because gaining MFN status is
just one obstacle the Chinese will have
to overcome. "The ability to trade
depends upon more than desire," he
said. The Chinese are "too poor" right
now, he added. "They can only go so
fast."
THE U.S. TEXTILE quota presents
another obstacle for the Chinese, said
Feuerwerker. Most of Chinese exports
to the U.S. are textiles, he said, and
China has already filled its quota
through next April.
Advertisement

University political scientists said p c LLMLaUUJd U5ll
.RK, . a .iorn o Am rrbo rmin

nent as a fur-
"tilt" tnw rd

they didnt think granting China MFN
status will have much impact on U.S.-
Soviet relations.
"(Relations) with the Soviets are so
bad now, this isn't going to make it wor-
se, said Whiting. "It's a pinprick in the
skin, but not a deep wound."
University Political Science
Professor and Soviet expert William
Zimmerman said the Soviet Union will

Wer signIlUI LI e erlcaIn o LIILrLUWdU
China. Y'The Soviets will react
negatively, but not that strongly," he
said.
Granting MFN status to the Chinese
before the Soviets, said Zimmerman, is
"no doubt part of a general effort by the
United States to balance politically the
growing strength of the Soviet Union."

ENERGY.
We can't afford to waste it.

_ _

The $42.99

I

Board looks
into worker
cutbacks m
Wayne Co.
(Continued from Page 1)
f charges employees might incur in
b 'w ng cash or paying bills lat
K Monday, Wayne officials aked
un'in leaders to waive the two-week
ldyiff notices mandated by union con-
Afacts with the county.
,Union spokesman Eugene Guido
called the request "a slap in the face.
THE COUNTY has asked our mem-
bars to bit the bullet, which they've
dne. Now they're asking them to
swallow a cannonball. I don't think it's
possible."
put Guido said yesterday the union
had not rejected the proposal officially,
afid would discuss it with the county
Labor Board "although I don't hold
much hope for it to be approved by the
members."
Budget problems have plagued
Wayne since 1976. The county has 2.7'
million people in Detroit and most of
the city's western and southern subur-
bs.
Much of the county's cash-flow
problem stems from refusal by the
state Municipal Finance Commission to
permit the county to sell $22 million in
tax anticipation notes until local and
state officials agree on a plan for coun-
ty reorganization.
Wayne could receive $4.8 million
from the state in the coming week if the
Legislature passes a measure to pay a
bill for the Oct. 1 purchase of a county
nursing home. The funds still would
come too late to meet Friday's payroll,
Guido said yesterday.
The University of Michigan
Alumni Association
in cooperation wit
The School of Music
present
amaizz A-iues
In Joint Concert With The
ewoonsin &ngers
NOV. 2, 1979 8:00 p.m.
POWER CENTER

'Parka.

TUCK SCHOOL
A Top Graduate School
of Business in Hanover,
New Hampshire!
Tuck School is living proof that a leading
business school need not be located in a
big city. While Executives-in-Residence
and other representatives of the business
community form a steady stream of
visitors to the School, Tuck students
enjoy the fine facilities of Dartmouth
College in a beautiful New England set-
ting. The problems of city life can be put
aside, at least temporarily, in favor of
academic concerns.
Murdough Center, built in 1973, provides
modern classrooms, a 358-seat audi-
torium, and the excellent services of
Feldberg library. Adjoining Murdough
Center is the rest of the Tuck complex:
three dormitories, Stell Dining Hall, and
Tuck Hall, where faculty and administra-
tive offices and additional classrooms are
housed. These, together with the cultural
and recreational facilities of Dartmouth
College and its environs, make the Tuck
School attractive tostudents,tfaculty,
and visitors alike.
During the past year more than 190 com-
panies sent representatives to Tuck to
recruit from its 135 graduating students.
(A Placement Report is included in the
Tuck Bulletin.) And, each year 25 man-
agers from industry come to Career
Expo, a two-day symposium, to share
their knowledge and experience in their
respective fields. Numerous guest
speakers participate in the classroom
throughout the year, and distinguished
overseers contribute their expertise to
the direction of the School
Access to Boston and New York is easy.
Both cities are served by interstate high-
ways, bus and a scheduled airline from
Lebanon, NH, a few miles from Hanover.
In addition, Amtrak provides service to
and from New York.
Next edition: The Case for General
Management.
Please send a bulletin and application
materials for Tuck School to:
Name (please print)
Address
City
State Zip
College Degree Date

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