Wednesday, May 5, 1976
THE MICHIGAN DAILY
Page Eleven
Kissinger warns
emerging nations
RIY bI1Y ~lM Y/Yl
NAIROBI, Kenya W) - Secre-
tary of State Henry Kissinger
cautioned Third World nations
yesterday against using 'bloc
economic power" to narrow the
economic gap between rich and
poor countries. But he pledged
Ambrican cooperation in their
development efforts.
"The Third World has to
choose between slogans and
solutions, between rhetoric and
reality," Kissinger told some
two dozen cabinet ministers
gathered here for the opening
today of the month-long U.N.
Conference on Trade and De-
velopment (UNCTAD).
AT THE SAME time, UNCTAD
Secretary-General Gamani Corea
said poor countries must help
themselves become richer and
outlined a four-point program to
reduce poor-country dependence
on trade and aid from industrial
powers.
Corea's proposals include less
use of dollars and other hard
currencies in trade, new invest-
ment arrangements bypassing
Western-dominated institutions,
tariff concessions among poor
countries for each other's pro-
ducts and steps to increase food
production.
At the conference, the U.S.
will propose creation of a multi-
billion-dollar international s e-
sources bank designed to attract
new private investments to de-
veloling countries.
HOWEVER, the Ford -dmin-
istration a p p e a r a dead-set
against "indexing" - a system
of correlating prices of ail, cof-
fee, sugar and other commodi-
ties to what the Third World
countries most pay for indusrial
imnorts.
Kissinger said the proposals
he will make in his speech to-
morrow "go as far as it is pos-
sible for us to go." But, in a
conciliatory gesture, he said the
U.S. is prepared to modify them
in the weeks ahead.
"We will do our best to listen
to vo'r concerns," he told the
ministers at yesterday's lunch-
eon.
COREA, in his 8-page report,
said the world's poor majority
could never gain economic
equality with the rich, industrial
minority unless developing na-
tions learned to help themselves.
He said it was also in the self-
interest of developed nations to
close the global income gap.
Corea is from Sri Lanka, form-
erly Ceylon.
"'The developed countries can
be harmed by crisis conditions
in the Third World," he said. "It
is inconceivable that the de-
veloped countries can continue
a smooth and even growth and
rising prosperity within a global
framework in which the vest
mass of human population . . .
continues to remain in a state
of unrest."
The report listed five key
topics for the meeting, which
some observers believe could
mark a turning point in efforts
to solve the -world's greatest
peacetime crisis of inflation,
unemployment and monetary in-
stability in half a century.
THE TOPICS are how to
smooth out price swings in raw
materials providing most of the
Third World's export income,
how to ease poor-country debt
burdens, how to spread Western
technology in underdeveloped
areas, how to regulate multi-
national companies that domi-
nate world trade and how to in-
crease economic cooperation
among poor nations.
Some observers say failure
to re ch areement between
rich and poor nations on at least
some of the issues could bring
to a close a two-year period of
relatively amicable negotiations
following a U.N. General As-
sembly call for a new world
economic order.
Arab nations were reported
prirrotely seeking support for
excldi-g Israel from the meet-
nnd for admitting the Pales-
tine Liberation Organization as
an observer. There were also on-
offi-ial suarsestions that South
Africa shomld be excluded.
INVITATION
JOIN THE 946 U OF M CLERICALS
who have already demonstrated their willingness
to stand up and be counted.
* Tired of having your thinking done for you?
* Sick of the name calling and dissention?
* Want an immediate raise?
* Get rid of the UAW and get your dues back in your check!
SEND A 3 x 5 CARD AS FOLLOWS:
* r
I no longer wish to be represented by CCFA
UAW Local 2001.
r" r
r
I d
Signed _-- r
Date:
r U
r I
Print:
DO IT NOW!
Send to CLERICALS FOR DECERTIFICATION, Box 333, Saline, Mi. 48176
LET'S GET A NEW ELECTION !
Subscribe to The Michigan Daily
A
Big George's
SUPERMARKET OF
APPLIANCES -TV
STEREO-CAMERAS
~ Home Appliance Mart
BOGEN UNICOLOR
DEMONSTRATION
I
/ e'
I
Spring Term ART CLASSES
$20 for 7 TWO-HOUR SESSIONS
Materials Not Included.
BEGINNING Week of May 10
Stop by U-M Arts & Crafts Guild to register now
Second Floor, Michigan Union
JEWELRY: Lee Curtin-Thursdav, 7-9 p.m.
LEADED GLASS: Irene Dabonian-Monday, 3-5 p.m.
MACRAME: Sandra Maver-Wednesdav, 7-9 p.m.
BATIK: Carol Shostok-Wednesda. 3-5 p.m.
PHOTOGRAPHY: Mark Reesman-Tuesdav, 3-5 p m.
SCULPTURE: Ralph Wolfe-Monday 7-9 p.m.
WEAVING: Carol Furtado-Tuesday, 7-9 p m.
*STEVE'a LUNCH
1313 SO. UNIVERSITY
HOME COOKING IS OUR SPECIALTY
EVERYDAY SPECIALS
Breakfast All Day Beef Stroganoff
Chinese Pepper Steak
3 Eas, Hash Browns, Eaq Rolls
Toast & Jelly-$1,25 Home-made Soups. Beef,
Barlev, Cla'm Chowder, etc.
Ham or Bacon or Sausage Home-made Chili
with 3 Eqqs, Hash Browns, Veqetable Tempuro
Toast & Jelly-$1.85 (served after 2 p.m )
Hamburger Steak Dinner-
3 Ecos, Ribe Eye Steak, ( (a b.) . . $2.25
Hash Browns, Toast & Spaghetti in Wine Sauce
Jelly-$2.25 Beef Curry Rice
Baked Flounder Dinner
% lb. Roast Beef Kaiser Roll
We make Three Eqq Omlets Delicious Korean Bar-b-q Beef
-Western Owlet (served alter 4 doily)
Fried Fresh Bean Sprouts
--Bess Sprost Omlet Kim-Chee
Monday-Saturdov 8.8
Sunday 8:30-2
761 3 74-22 8
I 1313 So, Uniyersity
U N IDRUM I
16 DRU20* New! Unicolor TO
16 x20
$29.95 i 1 & 2: $
8 x 10 j Unicolor Prints fr
$14.95 Regular $17.95 $
* UNICOLOR UNIROLLER Regular $7.50 S
Re $49 95
DtMO. SALE
$39.95 DEMONS.
F ® UNICOLOR 35MM. REELS
Rea. $2.45SECAL t
DEMO SALE SPECIAL to
$1.75 1 QUART UNICOL
O UNICOLOR F-PL
FILM DRUM It 5 SHEETS UNIC
$24.95 ALL ONLY
THURSDAY1
May 6-3-8 p.m. May
NEW CHEMISTRY
TOTAL COLOR
Can do Film
lOx DUAL RANGE AND Paper
Electronic with the SAME
Enl $5.0rger 'Timer CHEMISTRY
DEMO SALE $39.95 SEE IT
Includinq a FREE DEMONSTRATED -
$12.95_Footswitch
10l OFF on all other
UNICOLOR PRODUCTS V4
10% off Kodak Ektacolor 37RC
Color Paper and Kodak Ektachrome
1993 Print from Slide Paper ,
20S W,-SLAMM
TAL Chemistry
4.50 each
'om Slides Chemistry
14.95/gallon
ale $6.50/quart
TRATION --
the First 30 Customers
OR R2 CHEMISTRY
US -
OLOR RB PAPER
$2.00
FRIDAY
7-3-8 p.m.
'
CA
m
0
m
I
G7
a
--t
-r
m
TECHNICAL A-1 -
Air Impingement 01
RC Paper Drver
Rea $109.95 (/5
DEMO $89.95
SALE 8 9
UNICOLOR
MODEL 750
ELECTRONIC
oltage Regulotor
Rea $52.95
0D0E
- a-f IGM °sSAnufcMo'
uraatw