Page 10-Friday, July 14, 1978-The Michigan Daily New Ford thos '"1 Ford's Iacocca reportedly ired (Continued from Page 1) the publication. "He and Bill (William deputy chief executive officer. Although company officials at the s, Iacocca said Chairman Henry Clay Ford) and I sat there and he just UNDER THE new setup, only Cald- time insisted Iacocca had lost none of d II told him "it was just one of said he came to that conclusion and well and William Clay Ford report his power in the shake-up, auto industry e things. that's it." directly to the chairman. Iacocca, as analysts said it appeared the new set- 'here was no reason," Iacocca told Ford last month named brother the fourth member of the Office of Chief up anticipated the elevation of William William Clay Ford to a top corporate Executive, reported to Caldwell. Clay Ford to the board chairmanship. post to insure "continuity" of Ford family influence over the company it founded 75 years ago. THE HIGH-LEVEL shakeup ap- peared at the time to remove Iacocca from the line of succession when the elder Ford, 60, retires in two years as chief executive of the auto firm. Ford named his brother, owner of the Detroit Lions, as chairman of the com- pany's Executive Committee - a position thatahe himself had previously held - and a member of the Office of Chief Executive formed last year in the first step towards "orderly transition" of power. Also given new corporate respon- sibilities was Ford vice chairman Philip Caldwell, 58, who was designated Sadat, Weizman discuss new peace possibilities LAST FIVE DAYS Mon.-Tues.-Thurs.-Fri. 7:30-9:30 Sat.-Sun.-Wed. 1:30-3:30-5:30-7:30-9:30 SALZBURG, Austria (AP) - Egyp- tian President Anwar Sadat and Israeli Defense Minister Ezer Weizman met for three hours yesterday and Weizman said they "discussed various ways and possibilities for achieving peace in the Middle East." "I ENJOYED the talk with President Sadat," he said, "and I believe the president enjoyed it, too." Weizman said he and President Sadat agreed to meet again in Alexandria, Egypt, but he did not say when that meeting would be held. "I will take the discussion back to the Israeli government and to Prime Minister Menachem Begin," said Weizman, who will return to Israel today. "IN JERUSALEM, Israeli Foreign Minister Moshe Dayan said he sees some "meeting points" in the Israeli and Egyptian Mideast peace plans, which have been rejected by both sides. Dayan did not elaborate on what points he found compatible, saying "that's a matter for London," a reference to the talks between the Egyptian and Israeli foreign ministers next week. The two, Moshe Dayan and Moham- med Ibrahim Kamel, are to hold their first meeting since January in the British capital, with Secretary of State Cyrus C. Vance attending as mediator. AFTER HIS meeting with Sadat, Weizman left to confer with Egyptian Defense Minister Abdul Ghani el- Gamassy. Foreign Minister Kamel, a member of Sadat's entourage, also was expected to participate in the defense ministers' discussion. The leaders conferred at the Schlosshotel, 30 minutes by car from Salzburg, where Sadat has been staying since his weekend meeting with Israeli opposition leader Shimon Peres. THE TWO defense ministers made up the so-called military committee set up by Sadat and Begin last December af- ter Sadat opened direct peace negotiations with Israel. Their discussions concern Israel's return of the Sinai Desert to Egypt, and because this is the issue on which Egypt and Israel are closest to agreement, they have continued to meet periodically despite the rupture in the so-called political negotiations between the two governments' foreign ministers in January. Although Israel and Egypt have recently rejected each other's current peace proposals, Israeli officials said Dayan and Kamel would make arrangements at the London meeting for negotiations in the Sinai Peninsula town of El Arish. There was no confir- mation of this from Egypt, however. NOW SHOWING Mon.-Tues.-Thurs.-Fri. 7:30-9:45 Sat.-Sun.-Wed. 1:15-3:20-5:30-7:35-9:50 * "GimmeaD * Gimme on A Gimme an .e.Le..Y Give the MICHIGAN DAILY that old college try. CALL 764-0558 to order your subscription HELD OVER SECOND WEEK Mon.-Tues.-Thurs.-Fri. 7:30-9:30 Sat.-Sun.-Wed. 1:30-3:30;5:30-7:30-9:30 The AnnArber Film Coperativeprosen tsM ~ Friday, July 14 THE AWFUL TRUTH (Leo McCorey, 1937), 7 & 10:20-MLB 3 A great screwball comedy. A separated couple (Cary Grant and Irene Dunne) sabotage each other's love affairs, waiting for their divorce to become final. Filled with classic set-pieces: Irene Dunne and Ralph Bellamy's "Home on tshe Range" duet; Dunne's hilarious impersonation of a loudmouthed .floozy; and the oft-copied husband-through-front-door, lover-into-bedroom, dog-fetch- ing-lover's-hat. (Alfred Hitchcock, 1941) SUSPICION :40only-MLB3 A shy, provincial British girl marries an unprincipled charmer whom she discovers gradually to ba a warped and lying cheat-and possiljy a mur- derer. Although this is one of Hitchcock's most suspenseful films and Joan Fontaine won an Oscar for her performance in it, Cory Grant steals the show with perhaps his greatest performance, giving his character moral p