I The Michigan Daily-Friday, March 2, 1979-Page 5 U.S., CHINA AGREE ON CLAIMS: Trade agreement signed From AP and Reuter China and the United States have reached agreement on one of the major problems hindering expanded trade - the question of Chinese assets frozen in the United States and American claims on China, according to Treasury Secretary W. Michael Blumenthal. The Chinese will pay Americans 41 cents on the dollar to settle $197 million in claims outstanding since the Chinese Communists expropriated American property in their 1949 takeover, Blumenthal announced this morning. THE PAYMENT of the claims will total $80.5 million, and the U.S. will un- freeze $80 million in Chinese assets, Blumenthal signed the agreement with Chinese officials at the Peking civil air- port just before departing for Shanghai. Blumenthal said the last-minute agreement makes his trip here a suc- cess. Settlement of the claims question has been considered a prerequisite to full-scale trade between China and the United States. The Chinese will pay $30 million to U.S. claimants on Oct. 1 of this year, with the remainder to be paid by Oct. 1, 1984. "WE CONSIDER this to be a very good and fair arrangement," said Blumenthal, who received approval for the agreement from President Carter during the night. Yesterday, the two countries established full diplomatic relations for the first time in almost thirty years. In Vietnam, Chinese and Vietnamese troops fought bloody but indecisive bat- tles around the strategic provincial capital of Lang Son, intelligence sour- ces in Bangkok reported yesterday. In Peking, the Chinese proposed peace talks to end the two-week-old war. The Chinese proposal, in an official note to the Vietnamese Embassy in Peking, did not mention China's earlier demands that Hanoi pull its forces our of Cambodia in exchange for a Chinese withdrawal from northern Vietnam. No immediate Vietnamese response to the peace overture was reported. In its latest battle communique, Hanoi said its troops had killed or wounded 27,000 Chinese troops since the invasion force drove into Vietnam Feb. 17. It also claimed to have knocked out 200 Chinese tanks. THESE CLAIMS could not be in- dependently verified. Intelligence analysts say they believe Chinese casualty, figures given by Vietnam are exaggerated. The Soviet Union rejected the initial Chinese proposal for a mutual with- drawal of Vietnamese troops from Cambodia and Chinese troops from Vietnam. THe Vietnamese invaded Cambodia in December, ousted the regime of China's ally Pol Pot, and installed a new government in January. The Chinese, alleging Vietnam had provoked bloody border clashes on the Chinese frontier, invaded Vietnam in February. SOVIET PREMIER Alexei Kosygin said yesterday. . . "The changes which have taken place in Cambodia are irreversible." He also said the Chinese were hypocritical for linking their attack on Vietnam with events in Cambodia. Kosygin reiterated that Russia will not renege on its commitment to Viet- nam, but his speech did not take the Soviet position on the Vietnam conflict beyond an 11-day-old Kremlin statement that warned China to with- draw "before it istoo late." The extent of Moscow's treaty commitment was unclear because the treaty merely calls for consultation if either country is at- tacked. Earlier yesterday, Blumenthal hoisted the American flag above the U.S. Liaison Mission in Peking, of= ficially transforming it into the U.S. Embassy. Blumenthal, who arrived in Peking last Saturday, leaves early today on a sentimental journey, to the great Chinese port city of Shanghai, where he lived as a teen-ager during World War II after his parents fled persecution by the Nazis in their native Germany. IN WASHINGTON, ceremonies marked the establishment of the Chines embassy. Setting aside for the time his concerns about China's 12-day-old in- vasion of Vietnam, Carter received diplomatic credentials from Chinese Ambassador Chai Tse-min and declared, "I consider this to be a momentous day in the historical evolution of our nation. We consider this to be a great opportunity for the future." Chai pledged efforts to "further promote the friendship between the two peoples." BELL'S GREEK PIZZO The finest pizza that ever came out of an oven. Free Delivery starts at 4:30 pm Open till3 am Fri & Sat State a Packard, 995-0232 PARTICIPANTS IN YESTERDAY'S peace march stand on the corner of N. University and State while en route to the Federal Building to tell the government they disapprove of the Chinese invasion of Vietnam. Leading the group is Tim Freeman, organizer of the Ad Hoc Committee for Peace in Vietnam. March protests Chi nese invasion il__ 7'.T ii il T t---- t By BETH PERSKY Members from the newly-formed Ad Hoc Committee for Peace in Vietnam and other protesters marched from the Diag to the Federal Building yesterday to protest China's recent invasion of Vietnam. The group of over 30 began circling the Diag shortly after noon, carrying signs that said, "Implement the Paris Peace Agreement," "End U.S. Com- plicity with Chinese Aggression" and "Solidarity with Vietnam." The par- ticipants also screamed out such chants as "Jimmy Carter, Teng Hsiao-Ping, get your hands off Vietnam" and "Vietnam must live in peace - China out now!"' THE COMMITTEE, which is com- posed of students, faculty members, and members of the Ann Arbor com- munity, formed last week after the Chinese invasion of Vietnam. The group's second meeting on Tuesday drew a crowd of 50, who decided to take action in the form of a protest march. "The march was organized as a response to the Chinese invasion of Vietnam and a feeling that the United States might have been involved in the invasion," said protest organizer Tim Feeman. "This is suspected because the invasion occurred only a few weeks after Teng Hsiao-Ping came here and met with top government officials and Nixon." A:nother organizer, John Sokolow, said the main goals of the demon- stration were "to express the view that we don't stand with the invasion. We're critical of the role the government is playing. Its complicity is not in the in- terests of the United States. - "WE WANT to. educate people, let them know what is going on. This is serious, people should be informed. This is volatile, and could lead to a much larger role. We want to let gover- nment know that people in the city and country are concerned. This is a direct threat to peace," Sokolow stated. "American students are trying to help Vietnam against the Chinese, They asked for withdrawal of troops. As a Vietnamese, I would like to show con- cern about my country," said Yen Le, a Vietnamese student participating in the march. She continued, "I don't think it's a good action of a big country toward Vietnam. It's an internal fight among communists. I don't think the word 'punishment' is right - you can- not impose force on a small country." One protester agreed with the view that U.S. involvement in the invasion was probable, and said it was because "the Chinese regime has been going out of the way to establish ties, and the fact that Teng HsiaoPing was in theUnited States the week before the invasion. China wouldn't have done anything that would endanger U.S. relations. I think the U.S. is closely tied to the event." BUT PROTESTER Phil DeSchaine disagreed on the amount of U.S. in- terest. "I wouldn't go to the extreme of saying that the U.S. is in collaboration with China. They do have a major in- fluence, and could've preverted this," DeSchaine said. Upon arrival at the Federal Building, Feeman addressed the group and said, "Vietnam must live in peace. We won't go away until the government carries through with it." Another member of the group related the march to other campus events and said, "It's appropriate to note that Ford is on campus today, a consistent sup- porter of U.S. involvement in the war in Vietnam." .4 City's heritage preserved (Continued from Page 1) such example of what Pieper describes as "pure preservation" is the renovation that is currently taking place at Cobblestone Farm on Packard Rd. "AT COBBLESTONE Farm they only replaced what had to be replaced. They only put in new material where old material was useless. This is pure preservation at its very best, done with great care, careful research, and a tremendous amount of volunteer ef- fort," Pieper said. Co bblestone Farm is just one of the projects currently being undertaken by the commission. The commission's present major effort is to designate the 500-600 block of East Ann Street as thef "Ann Street Historic Block" which would be added to the Division Street Historic District. An Ann Street study committee was appointed by the Historic District Commission in July, 1977, after several property owners and residents of the Near Northeast Neighborhood petitioned the commission to explore the feasibility of designating certain areas "and structures of the block as historic landmarks. The final report on the "Ann Street Historic Block" has recently been completed and will be presented to City Council on March 19. Pieper said the commission is also in the "beginning, beginning stages" of creating some type of historic district in the downtown area. However, no con- tacts have been made with downtown property owners and a study committee has not yet been appointed. STORE CLOSING L ST 2 D YS Now at Ponderosa .. . Try Ourfew Pime Rib - ~ /4 Now you can enjoy a thick, juicy slice of Prime Rib carved to your order. At Ponderosa Prime ris deliciously tender because it's slow-cooked in a special oven to keep in all the flavor. The dinner includes a. baked potato, a warm roll and blutter, and unlimited trips to the Salad Bar. All this for only $4.49, or try the king size cut for only $5.49. So come to Ponderosa where you can get great Prime Rib in portions cut to fit yor apetae yourappeite.At participating Steakhouses Prime Rib dinners are served from 4:00 pm Monday thruSaturday i 0 ALL HARDCOVER BOOKS CALENDARS * POSTERS KITES 40% OFF A T AT nn117 ru nr nI I