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January 21, 1983 - Image 9

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Publication:
The Michigan Daily, 1983-01-21

Disclaimer: Computer generated plain text may have errors. Read more about this.

The Michigan Daily-Friday, January 21, 1983-Page 9
Salvadoran aid awaits approval

SAN SALVADOR, El Salvador
(A ) - At the U.S. Embassy, a
liplomat points to a chart with colored
ines showing a steady decline in the
umber of murder victims in El
Ivador.
At a shed a few blocks away, a young,
bedrded member of the Salvadoran
Human Rights Commission sits on the
ground and types a year-end list of
reported shootings, hackings, and
beheadings by government security
forces.

BOTH ARE preparing for the third
certification - the Reagan ad-
ministration's announcement each 180
days that human rights abuses are
decreasing in El Salvador and social
and economic reforms are continuing.
Secretary of State George Shultz is
expected to send the certification to the
U.S. Congress for hearing - a condition
for continuation of American aid.
The Reagan administration provided
$81 million in military aid last year and
stationed 55 American non-combat

military advisers to aid the Salvadoran
army. It has promised $25 million for
1983.
"CERTIFICATION is used as a
lever," said a American diplomat who
spoke on condition he not be identified.
"If there is no certification the funds
already voted would stop and the U.S.
military advisers would leave on the
next plan."
There is little doubt the Reagan ad-
minsitration will certify an.im-
provement on human rights, although

there has been protest - notably from
AFL-CIO officials - over the gove-
rnment's failure to charge three
Salvadorans suspected in the January
1981 murders of American land reform
advisers Michael Hammer and Mark
Pearlman.
Many rightist Salvadorans are an-
noyed by the attention given to solving
the killings of four American church-
women in December 1980 and the two
U.S. land reform advisers.

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LIR reviel
Continued from Page 1)
jeopardy," said Malcolm Cohen, the In-
stitute's acting co-director.
Cohen said he is optimistic of being
able to maintain the staff because the
$160,000 cut will be phased over five
years, and two-thirds of the institute's
funds currently come from outside
sources.
ONE WAY of softening the blow of the
budget cut will be to require depar-
ents offering classes taught by ILIR
professors to pay those teaching
salaries, Cohen said.
;To boost the institute's research fun-
ds-, Cohen said he will concentrate on
wo specific areas: the impact of
technological change on workers, and
developing cooperation between labor
and management.
"It's scary what's going to happen to
these unskilled workers - where are
they going to find jobs? This is an ex-
emely important area, especially for
ichigan," Cohen said.
Much of the responsibility for in-
reasing the institute's share of outside
ollars rests with Louis Ferman, its

w ends with smaller budget cut

research director. Ferman said the
campaign to boost those funds has not
really got off the ground yet, because of
the time taken, up by the review
process.
"WE'RE RELIEVED that the whole
thing is over, and I guess my own per-
sonal feeling is that survival is better
than non-survival," Ferman said.
"There's no doubt that the institute
has to be rebuilt ... and it's quite ob-
vious that we have to turn to the out-
side," he said.
In light of the institute's financial
situation, the Regents voted not to
grant tenure to any more institute
faculty. Cohen supported this move,
saying it would be "false and
misleading" to offer tenure when the
future of the institute may still be in
doubt.
THE DECISION will not affect those
staff members who already have
tenure and will not prevent promotions
within the unit, Cohen said.
After finalizing the reduction of the
institute, the University presented the
Regents with a plan to place $1 million

in a new high-risk investment fund.
The Michigan Investment Fund
would seek out companies in the
development stages, particularly high-
tech firms involved in industrial
automation, computers and bio-
technical fields, and provide them with
money and counsel.
The risks in such companies are high,
but the potential profits are, too, said
Norman Herbert, the University's in-
vestment officer. After reviewing a
number of similar ventures nationwide,
Herbert predicted that within 7 to 10
years, the University could realize a 25
to 30 percent yearly return on the in-
vestment.
BUT CONCERNS about the risks in-
volved and the University's role in such
a venture postponed any vote on the
issue.
Regent Robert Nederlander (D-
Birmingham) said investing in the fund
would be "the riskiest thing we've ever
done.
'It's obvious that we're helping the
state of Michigan, but 'we'd be in a
locked-in situation ... as you and I both

v

know most businesses fail. I have some
real concerns about this," Nederlander
said.
Although Herbert said the University
would have no connection with the
companies the fund decided to invest in,
questions were raised about potential
conflicts of interest that might arise
with University involvement.
REGENT THOMAS Roach, (D-
Saline), who admitted it would be dif-
ficult to pull out after investing suppor-
ted the idea.
If the University does eventually
decide to invest, it would not be the first
partner. The Charles Stuart Mott
Foundation already has made a com-
mitment to invest up to $4 million, and
the State of Michigan Employee
Retirement Systems has committed up
to $12 million, Herbert said.
IF THE $1 million investment is ap-
proved at a later meeting, it would
come from the University's $120 million
endowment fund, Herbert said. The
Regents were also asked to allow the
University to invest up to 5 percent of
that fund in the Michigan Investment
Fund, and other venture capital firms.
In other business, President Harold
Shapiro was given a 3 percent salary
increase. It is the second raise he has
received in his 37 months as president,
bringing his salary to almost $87,000.
The Regents also approved the pur-
chase of a building on North Campus
currently owned by the Bendix Cor-
poration. The $1.6 million building, built
by Regent Deane Baker's construction
firm in 1968, will be used to house the
University's Printing Service.
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R student
Continued from Page 1)
ould have come to very different
commendations," Hurie said.
,Valerie Flapan, a member of
rogressive Student Network, a local
r'oup opposed to the University's
edirection policies, also attacked the
NR review.
"We (students) 'were shafted by
ding ignored," Flapan said. "We were
rohibited from participating in the
rocess."
tPLAPAN WENT on to criticize the
ntire review process, saying it was too
cretive. "We're angry, we're
ustrated, and we're not nearly ready
to give up (the fight against the review

s protest cuts to Regents

process)," she said. "The clandestine
operations of this university have to
stop."
Theresa Beckman, who spoke against
the University's investments in cor-
porations with dealings in South Africa,
also had harsh words for the Regents.
"The Regents of the University of
Michigan should not set an example by
breaking the law," she said.
Michigan's state legislature recently
passed a bill requiring all state in-
stitutions to divest from investments in
companies which have interests in
countries practicing apartheid; South
Africa reportedly carries on such apar-
theid practices.

BECKMAN, WHO spoke for the
Washtenaw County Committee Against
Apartheid, said the Unviersity's finan-
cial condition "is not an excuse" to
avoid divesment.
"(The Regents) cannot rationally or
morally support apartheid," she said,
asking the Regents to divest im-
mediately.
The Regents were also requested to
ignore Congress and refuse to tie finan-
cial aid to military registration.
"This law constitutes discrimination
against males," Univeristy student
David Michaelson said, "and the
University, in its by-laws, addresses
the problems of discrimination.

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Snow slump hurts local ski resorts

(Continued from Page 1)
Having to close down over the
Christmas holiday really hurt the
resort, according to Lents. "We lost 15
ays in our busiest time," he said.
At Mount Holly in Holly, Mi., the
slopes opened and closed four times.
Even the area's man-made snow could
not withstand the unseasonably warm
weather.
ALTHOUGH Mt. Holly has remained
open since Dec. 28, because it had to
shut down over Christmas business is
down about 25 percent, said Bruce
Firestone, manager of Mt. Holly.
But, he maintained there is nothing
tally unusual about this season. Only
once during the past five years has Mt.
Holly been able to cash in on the
Christmas season, according to
Firestone.
Resorts in the Upper Peninsula,
which is now covered with more than
two feet of snow, also got off to a slow
'start this year.
Cliff's Ridge, located outside of
Marquette, had to wait until New
Year's Eve to open after opening on
ec. 15 last year. The area now has a
lase between 20 and 30 inches, but Sales
Director Lynn Brown said the resort
has lost one third of its business.
BUT THINGS ARE are starting to
look up for the ski resorts. Although the
area has opened a closed five times this
year, Bill Riskey, owner of Mt.
Brighton (located about 30 minutes
from Ann Arbor) says he is optimistic
about this ski season.
- "By the end of this week, we'll be
even with last year (in profits and at-
tendance)," Riskey said. The area now
has a base of up to 20 inches.
The skiers also seem happy with the
snow at Mt. Brighton. "It's excellent.
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This is the best it's been all year," said
Kim Nowak of Brighton. "I don't
remember what the real stuff (natural
snow) is like. I can't tell the differen-
ce."
The amount of snow on the slopes
surprised some skiers. "I didn't think
there would be anything at all," said
Karen Burkmyre of Warren.
ECHOED PAT Reardon of Okemos:
"There's a few icy spots, but it's pretty

joying the same success as Mt.
Brighton. Many are still reporting
losses of 50 percent and are unsure how
they will fare the rest of the season.
For many of the resorts, including
Mt. Brighton, artificial snow-making
has kept this season from becoming a
total disaster. And according to some
resort operators, man-made snow is
better than natural snow for skiing.

GRADUATING.
ENGI NEERS:

good."
Not all

ski areas, however, are en-

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