Rage Ten
THE MICHIGAN DAILY
Wednesday, January 29, 1975
Page Ten THE MICHIGAN DAILY Wednesday, January 29, 1975
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WASHINGTON 0P) - Secre-
tary of State Henry Kissinger
said yesterday that the Egyp-
tian demand for additional Is-
raeli withdrawals from the Si-
nai Peninsula can be reconciled
with the Jewish state's demand
for some Arab political conces-
sions.
However, Kissinger t oo k
some of the edge off this opti-
mistic assessment when he
added that his Middle East
swing next month will be "an
exploratory trip . . . in order to
see what the real possibilities
of a solution might be."
HE emphasized. that his trip
would not be an exercise in the
"shuttle diplomacy" that has
marked his previous successes
in arranging Arab - Israeli
agreements. Instead, Kissinger
said, a second visit will be nec-
essary once the exploratory
phase is, over, probably in
March,
But Kissinger told a news
conference, "I personally be-
lieve that the two interests .. .
of Egypt for the return of some
territory and of Israel for some
progress towards peace, can be
reconciled."
The secretary also told news-
men that a "new dialogue" he
wants to establish in U.S. - La-
tin American relations was
jolted by the postponement of a
hemispheric foreign ministers
meeting originally scheduled
for Argentina in late March.
HE said that while the com-
plaints of some Latin Ameri-
can governments were justified
concerning discriminatory pro-
visions in the new U. S. trade
bill, the governments were
wrong in attempting to pressure
the Ford administration on that
point.
However, the secretary pledg-
ed that the Ford administra-
tion remains prepared "to
make strengthened hemisphere
relations one of the cardinal
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Ford
shuns
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(Continued from Page 1)
available to motorists at
higher price.
kissinger s
aspects of our foreign policy."
In a related area, Kissinger
indicated his now - postponed
trip to five Latin American
countries that had been planned
before mid - February would
probably take place in late
March or early April.
concessions
mideast trip
a
|
ME AN WH IL E, in New
York, the changing mood in
New York was one of the fac-
tors responsible for a second
successive day of heavy trad-
ing on the New York Stock Ex-
change, a total of 31,760,000
shares were traded-only 370,-
000 fewer shares than the all-
time high yesterday of 32,130,-
000.
Market analysts attributed
the surge in stock prices to (1)
the determination of Ford and
the. Democratic-controlled Con-
gress to put through some kind
of tax relief to spur economic
recovery, (2) lower interest
rates, and (3) reversal Friday
of an antitrust decision against
the giant International Busi-
ness Machine Corporation, long
a market favorite.
In other developments, an-
other small sign of optimism
came from Detroit yesterday,
where automakers, with re-
bates pushing up sales and
January production at a 14 year
low, were optimistic that open-
ended layoffs may have peak-
ed at 177,000 - one of every
four U; S. -auto workers.
SOME of the workers on in-
definite layoffs could be called
back to their jobs as early as
March, a high Ford MotoraCo.
official said. The No. 2 auto-
maker this week had 33,125
workers on open-ended layoffs
and another 44,450 on tempor-
ary layoffs.
AP Photo
SECRETARY OF STATE Henry Kissinger gestulates to a
crowd of reporters yesterday at a press conference. He
spoke of all aspects of foreign policy, including the Middle
East, Vietnam, and relations with Congress.
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(Continued from Page 1)
Schiller bowed to political pres-
sures and vacated the position.
Sandberg was reelected in,
October in what he termed a
"technical landslide." But
while he received over 50 per
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His term of office as SGC
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