THE MICHIGAN DAILY
Tuesday, September 16, .19l
'age Eight THE MICHIGAN DAILY luesdoy, September 16, IYb
Wednesday, Sept. 17
KOLBO MOVIES-8:00 p.m.
Philip Roth's satire on
American Jewish Life
H ILLE L-1429 Hill St.
Federal gov't. issues
credit card guidelines
(Continued from Page 1)
clashes and random sniper fire
shut down several Beirut neigh-
borhoods yesterday as northern
Lebanon's Moslem - Christian
warfare spread to the capital's
Police said the main market
place near Mar'tyr's Square and
the nearby Riad el-Solh banking
street were emptied by snipers
firing at passers-by from mov-
-*.. A rocket blast set fire to a fac-
tory in northeast Beirut and one
policeman was killed during ma-
chine-gun and rocket-launched
grenade clashes nearby, they
added. Firemen were unable to
reach the factory because of the
fighting and it burned to the
TENSION also remained highl
in the northern city of Tripoli
after Moslem militiamen at-
tacked regional government
headquarters and kidnapped
several policemen, police said.
The raid and a similar attack
on the Tripoli port authority
were believed designed to
avenge 12 militiamen killed in
an early morning clash with the
army just outside the city.
WASHINGTON (P) - The
battle Federal Reserve System issued
final regulations yesterday de-
(Continued from Page 1) signed to help credit card hold-
IT PROPOSED moving the ers and other users of commer-
entire CDRS monies with pro- cial credit to protect themselves
visions made to give certain so- against billing errors and shod-
cial services different alloca- dy merchandise.
tions. Under the regulations, which
Local CRS funds have been become effective.Oct. 28:
at the center of a long-standing -CREDIT card users can
political controversy, pitting Re- hold their credit card company
publicans' against Democrats accountable for the quality and
and HRP members. serviceability of the goods users
When in control of Council, buy. The new regulations elim-
the Republicans designed a ate the "holder in due course"
CDRS spending plan that under- doctrine under which customers
scored their generally conserva- could be held liable for bills to
tive fiscal policies. creditors, even when the credit
THE OPPOSITION, however, was used to buy goods which
favored funding a wider rangetrned out to be unserviceable.
of services - including a num- -Alleged errors in bills for
gr of "humanmight otherse credit cards or open-end credit,
die for lack of money.
such as checking account loans,
are subject to specific proce-
dures for resolution.
S-Credit card companies can-
not restrain merchants from of-
fering discounts to cash custom-
ers. The discount would stem
from the fact that credit card
companies impose service l
charges on merchants, usually
from two per cent to five per:
cent of the total volume of busi-
ness transacted on the cards in
a given period.
-Credit issuers cannot cancel
a customer's account or file an
adverse report on the custom-
er's credit rating while a dis-
pute is in progress.
-Credit issuers must notify
customers of their rights under
the new law.
- - - -
Returned Traveler's Coffee Hour
3:30-5:30 Mondays, Tuesdays, Wednesdays
(Michigan Union Building)
603 EAST MADISON
Discuss your experiences with others
coming home from abroad
If you are
Yiddish, there is a
class being formed.
Call H I LLEL
Prior to drafting their CDRS
budget, the Republicans set up
a citizens review panel to make
recommendations on the allo-
Critics assailed the group for
being GOP dominated and lack-
ing broad based community rep-
resentation. The panel wasI
chaired by former Republican
councilman William Colburn.
Both programs have taken
criticism nationally for being an
ineffective method of getting
funds to those organizations peo-
ple most in need.
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camp aigns at Union
(Continued from Page 1) for a job."
Asked exactly how he intended Harris campaigns as "just
to create so many jobs in such plain folks," but it's not thel
a short period of time, the 44- full story. His busy career in-
year-old sharecropper's son was cludes a teaching stint at;
less than definitive. American University in Wash-
ington, eight years in the Sen-
"MANY OF the jobs will de- ate, and a stormy tenure as
pend on how we spend our pub- Democratic National Chairman.:
lic money," he explained. "But His 1972 bid for the nomina-
I want to have two million lo- tion collapsed for lack of funds,
cally controlled jobs on the and he frankly admits that he
shelf. If I am elected President, owes his candidacy to the com-
you would be able to walk into plex new federal election laws,
any employment office and ask which "cut the rich and friends
of the rich down to size."
THE LAWS require each can-I
TUhere S _S a . didate to raise at least $5,000
difference!!! . in 20 states, through individual
" contrib'itions of no more than
PREPARE FOR: ",50. Candidates will then be
S UMCAT Over35-years lieible for matching federal
" z of experience
" and success " funds for primaries, and $I0
- DAT . s million for each major party
Small classes " nominee.
LSAT ol us hm"Without the law," said Har-
G study materials * ris, "you'd be begging every
st a eri dime you could beg to get the
Courses that are * nomination, and once you got
ATGB D constantly updated 0 it, there was only one place left
CA Taeaitsf to get the kind of money you
" reviews of class " needed for the re'ilar election.
CPN Tllessons and for use." So, you would hustle up to Wall
FLspmaplmentary isSt. and say 'Well gee fellas I
: F m didn't really mean all those
e Make-ups for things I said during the pri-
ECFMG missed lessons maries.' "
M DFaced with an admittedly n-
NAT MEDB S hall struggle, Harris ended his
talk in frontof the Union
Sim day with an anecdote that
354-0085 seems to catch the tenor of his
" " camnaign.
" 313) 354-0085 *cmag-
2 W.Ten Mile Rd. * Oklahoma's first senator, ac-
I * Southfield, Mi. 48015 cording to Harris. was a blind-
man named Thomas Gore. While
* - 0, in the heat of a bitter debate
-with Goretanother senator was
Sheard to say that if Gore was
EDUCATIONAL CENTER-" not blind, he would "thrash him
SPE ARAIO NCE 938 within an inch of his life." Unon,
*j hearing this Gore replied, "Well.
"" . . .blindfold the son of a bitch and
Branches mjor U S Cities point him in my direction."
- -- --
MICHIGAN UNION BILLIARDS
FALL TERM SPECIAL
Today & Wednesday
THURS.: 3 p.m.-7 p.m.
EVERYTHING YOU "EVER"
WANTED TO KNOW
(Continued from Page 1)
- setin motion the moves that
would end the incident without
Boumedienne agreed to pro-
vide the plane and the ambas-
sadors from Iraq and Algeria
volunteered to accompany Am-
bassador Khaffar and his two
aides as hostages.
SHORTLY after 3 a.m. (9
p.m. EDT) the terrorists, wear-
ing stocking masks, filed out of
the embassy with their prison-
ers. Spanish police, who had
made no effort to storm the em-
bassy, provided an escort for
the minibus that carried the
nine men to Madrid's Barajas
airport. It was believed at first
that there were five terrorists,
but only four were seen by
newsmen as they emerged from
They waved a paper that,
they claimed was a "victory"
for their exploit. A spokesper-
son for the group said it was a
declaration signed by six Arab
ambassadors, including Ghaf-
far, denouncing "the accord
agreed by the government of
Egypt and the so-called state of
Israel" and affirming that the
pact was "directed against the
will of the Palestinian people."
The terrorists originally set a
deadline of midnight - 6 p.m.
EDT - for their demands to be
met, but it passed quietly as the
negotiations went on.
ISRAELI OFFICIALS, observ-
ing the Yom Kippur holiday, de-
clined comment. Many Israelis
did not know of the drama in
Madrid because the govern-
ment's radio and television net-
works were closed for the hol-
iest day of the Jewish year.
Scores of Madrid riot police
evacuated people from the
building housing the Egyptian
embassy in the exclusive Sala-
manca district. The terrorists
said they had placed explosives
at the entrance and windows
and would nt hesitate to set
them off if provoked.
Iraqi Ambassador Hassan al-
Nakib said the guerillas appear-
edto be about 25 years old. He
said they refused to allow any
of the Arab diplomats into the
dispatched two diplomats to
help in the negotiations and set
up a special committee in Cairo
to deal with the siege. It also
asked Palestinian leader Yasir
Arafat to helpout and warned
it would hold him and his Pales-
tine Liberation Organization
personally "responsible for the
incident and all its consequen-
A Soanish ,reorter said one
of the guerrillas told him by
telephone that the raiders were
members of the "Group of the
Martyr Abdel Kader el-Hus-
sein," presumably an extremist
splinter group. Another news-
man said the five included an
engineer and four students.
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