Page 2-Friday, May 19, 1978-The Michigan Daily 1984 Olympics awarded to L.A. LOS ANGELES (AP) - Los Angeles was given the chance yesterday to host the 1984 Summer Olympic Games, but the city will take them only if it can assure its taxpayers they won't be sad- dIed with the financial problems of past Olympics. In a decision that capped months of public and private maneuvering, the International Olympic Committee awarded the Summer Games to Los Angeles with the provision that the city assume full financial responsibility for staging them, including absorbing any losses. Los Angeles turned a profit of slightly more than $1 million on the 1932 Olym- pics, the last time an American city hosted the Summer Games. IOC members, meeting in Athens, gave Los Angeles officials until July 31 Back at the turn of the century, the legendary fight manager, Bill Brady, handled two heavyweight champions, James J. Corbett and Jim Jeffries. to sign such a commitment and made it plain the welcome mat would be exten- ded to other cities if they did not. Mon- treal, Munich and Mexico City - hosts of the last three Olympics - reportedly are interested, as is New York, which lost out to Los Angeles as the U.S. can- didate. The 1984 Winter Games were awar- ded to Sarajevo, Yugoslavia. Because of the spiraling costs of recent Olympics, the number of cities bidding to host them has been dwin- dling. The 1980 Olympics will be held in Moscow. Los Angeles Mayor Tom Bradley, caught between intransigent Olympic officials and constituents wary of cost overruns, seemingly found a solution - the city would buy insurance protecting itself and its taxpayers against losses. But many in the industry said they doubted insurers would be willing to in- demnify Los Angeles against its own possible extravagance. But Bradley said the city did not "an- ticipate any cost overruns. We do not anticipate any deficit, and we think that an insurance company would look at the figures, including those we've come up with, in the same way" The cost issue has dominated negotiations between Los Angeles and the IOC, primarily because of the estimated $1 billion deficit incurred by Montreal for the 1976 Games. Bradley and other Olympic backers have promised to stage g "spartan Olympics" but several city councilmen have charged that the Mayor's shoestring may become a financial noose between now and 1984. Leaders debate ERA extension WASHINGTON (AP the fight over the Equ dment argued yesterd and ethical questio congressional proposa deadline for ratific years. Phyllis Schlafly, ch antique Chinese rings circa 1800 handwrought silver Reg. $5.O0 ON SALE 4--0 thru the end .. of May baobab 123 W Washington, Ann Arbor Monday - Sun ERA, said an extension, beyond the ') - Leaders in current deadline of March 22, 1979, al Rights Amen- "would be an unfair attempt to tamper sy over the legal with the United States Constitution." ns surrounding ELEANOR SMEAL, president of the is to extend the National Organization of Women, said ation by seven refusal to extend the deadline risks "setting back the clock on women's airman of STOP rights." Both women testified before a House judiciary subcommittee considering a of resolution to double the seven-year ratification period prescribed by Congress in 1972 when it adopted ERA. A similar resolution has been sponsored in the Senate. The amendment, providing a con- stitutional basis to ban discrimination because of a person's sex, has been ratified by 35 states. It will expire' unless it is approved by three more states by the 1979 deadline. HOWEVER, THREE states - Ten- nessee, Idaho, and Nebraska - have attempted to rescind their votes. Kentucky's legislature also voted to rescind its approval of the amendment, but that move was vetoed by Lt. Gov. Thelma Stovall while Gov. Julian Carroll was out of town. day The Justice Department said last year that there was legal precedent for a state rescinding its approval of a con- f r _aCA_ AA,-x_ AA.1..1. * stitutional amendment, but that resolving the dispute is ultimately up to Congress. REP. BARBARA JORDAN, (D- Texas), an ERA supporter, told the committee that ratification by 1979 "is not assured, it is highly unlikely. What about a little insurance in case we don't make it?" Challenging a major argument of ex- tension opponents, Miss Jordan said in a thundering voice, "Change the rules in the middle of the game? This is no game." Ms. Smeal said the seven-year period established in 1972 "has no magic" and that Congress has the authority to modify the time frame. She said the debate has been confused by misleading arguments by opponents and that the issue should not be discussed "in the atmosphere of the final minutes of a football or basketball game." MRS. SCHLAFLY argues the ERA "is no longer in the hands of Congress" and said "it is no more legally possible for Congress to change the wording" of the ratification period than it would be to change the substance of the amen- dment. She pledged that any extension would be fought in the courts. None of the committee members ex- pressed opposition to the ERA but some, like Rep. Tom Railsback, (R- Ill.), said they had reservations about extending the deadline. Even so, Railsback said, "a lot of state legislators think if we kill the ex- tension it's going to go away. It's not going to go away," he said, predicting that Congress would approve the ERA all over again. THE MICHIGAN DAILY Volume LXxXVIII, No. 13-s Friday, May t9, 1978 is edited and managed by studeots at the University of Michigan. News phone 764-0562. Second class postage is paid at Ann Arbor, Michigan 48109. Published daily Tuesday through sunday morning during the University year at 420 Maynard Street. Ann Arbor, Michigan 48109. Subscription rates: $12 September through April (2 semesters): $13 by mail outside Ann Arbor. Summer session published Tuesday through Satur- day morning. Subscriptionrates: $6.50 in Ann Arbor: $7.50 by mailnoutside Ann Arbor. Hydrocurve contact lens has introduced new soft lens. Special introductory offer May 11 th through May 25th. 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