The Michigan Daily - Monday, October 16, 1989 - Page 3 Hunger walkers raise money for .World Food Month I uy Mike Fiizgibbon A billion people - one-quarter of the world's population -are chronically malnourished, according to the Church World Service, an in- ternational relief and development organization. Today is United Na- tions World Food Day, and yesterday Washtenaw County residents partici- * pated in a Hunger Walk to take ac- tion against malnutrition and hunger. , October is World Food Month in Washtenaw County as well. Obser- vance of the month and its events is being sponsored by various local hIunger organizations including the Interfaith Council for Peace and Jus- tice, which organized the Hunger Walk. S"It's not a glamorous problem, and some people think it's too overwhelming to even get started in solving," said Bob Krzewinski, a lo- cal member of Bread For The World, a citizen's lobby on hunger legisla- tion. Krzewinski staffed a registra- tion table at the Bethlehem United Church of Christ, where walkers be- gan their 10-kilometer circuit of Ann Arbor yesterday. * Krzewinski was heartened by the reported turn-out of 545 walkers, who raised an estimated $30,000 for local and international hunger pro- jects. He was enthusiastic, as well, about the opportunity the event pre- sented for educating people about hunger issues. "If they're interested enough in walking, people will read a little more about hunger, and find out things like there's enough food right now to feed everybody on the face of the Earth," he said. "But there's a problem with in- justice - of people not being able to get at the food, or raise their own." Perry Bullard, the Democratic state representative for much of Ann Arbor and a participant in the Walk, agreed with Krzewinski. "In the Phillipines, with many people not getting paid enough to buy food, they are working on very fertile land to produce sugar cane so the owners of the land can get very wealthy ex- porting sugar," Bullard said. Members of 67 organizations par- ticipated in the walk. Robin Lucas and Heather Boylan, both LSA se- niors and members of the Univer- sity's Chi Omega Sorority, said they enjoyed it because they were able to see different parts of Ann Arbor. The World Food Day Teleconfer- ence will be shown on Channel 10 Community Access Television from noon to 3 p.m. today. This Thurs- day, participating local restaurants . will be donating 7 percent of their income from the day to local hunger agencies. MSA le Policy I student by Josh Mitnick Daily MSA Reporter Despite President James Duder- stadt's recent overture soliciting stu- dent review of the Univeristy's in- terim anti-harassment policy, some student leaders remain skeptical of the administration's efforts to en- courage student input. Duderstadt announced last week that he would set up a board made up of at least three students, three fac- ulty, and three administrators who would review and solicit response tot the policy.- Nick Mavrick, chair of the Michigan Student Assembly's Stu-t dents' Rights commission, said there is no way three students can articu-; late or represent the broad range of views held by students at the Uni-; versity. Instead, Mavrick said he is work-1 ing to convene a forum where ad-f ministration and faculty representa- tives can meet with various campus groups and listen to their concernst regarding the University's anti-dis- crimination policy. He said the success of such a fo- rum would depend on the participa- tion of administrators, but until now Duderstadt hasn't agreed to partici- pate. "We want Duderstadt there be-1 cause we want accountability so they, can't pass the buck," Mavrick said. t "Our goal is to make the Uni-t veristy realize that students are dis- satisfied with the efforts they have taken," he said. Mavrick said the policy was drafted hastily, and claimed thez groups the policy is designed to pro-1 tect are unhappy with it.t aders: acks input "The University should quit peck- ing at the issue and work towards something with the students," he said. Mavrick said members of his commission would be setting up in- formation tables at residence halls in an effort to encourage student partic- ipation. He hopes to get students to sign postcards petitioning the Uni- versity for increased student input on the policy. In addition, he said he would con- tact campus minority groups to gather their support. By centralizing campus focus on the issue, Mavrick said his commis- sion will attempt to present a unified student front to the administration. MSA President Aaron Williams said the best way the Unversity could receive student input on the policy would be to have a diverse group of students from a number of different backgrounds. Even though Duderstadt wants three to five students to serve on the student advisory committee, Williams said he would name more because at least 10 would be needed for an adequate cross-section of the campus. Williams said the ideal means for producing an anti-harassment policy would be to let students draft it themselves. "If the University wants to be 'totally fair,' the policy should be formulated and approved by stu- dents," he said. MSA Vice President Rose Karadsheh concurred. "We, being the main objects of the policy, should have a strong input in its formula- tion," she said. AMY FELDMAN/Daily Now promenade your partner ... LSA senior Matt Loguidice and LSA junior Amy Clark practice the promenade for their ballroom dance class, on State street. Stock market braces for further decline W NEW YORK (AP) - Like. a bloodied boxer bracing for the next punch, the stock market tensed for more blows after its gut-wrenching plunge on Friday, October 13th. In the wake of a nervous weekend during which thousands of small in- vestors made plans to unload their stocks, market experts were looking east, where major Asian and Euro- *pean markets would resume trading first after Wall Street's week-ending slide. Israel's small stock exchange, the first foreign market to open since the sell-off, witnessed frantic trading and a 6.9 percent drop in share value yes- terday, officials said. The U.S. stock market suffered its worst setback since the 1987 crash when prices plummeted in the *final hour of trading last Friday and the Dow Jones industrial average lost more than 190 points to finish at 2,569.26. Since 1987, takeover rumors and leveraged buyouts had pushed the market higher. But trouble with one of those deals Friday, the employee- management buyout, of United Air- lines parent UAL Corp., raised fears of problems in the "junk bond" fi- nancing market and sparked Friday's sell-off. Market and government officials continued their weekend-long huddle yesterday, mapping out strategies to prevent a financial disaster parallel- ing the events of two years ago, when the Dow plummeted 508 points on October 19, Black Mon- day, after a 108-point drop the pre- ceding Friday. "After what happened...the pow- ers that be will do a lot to avoid a major sell-off," said John Tierney, a vice president at Shearson Lehman Hutton, Inc. The Federal Reserve sent signals over the weekend that it will move quickly to meet any demands for cash on Monday, when a deluge of sell orders is expected to hit the U.S. markets. "We will be there with all the liquidity demand that is needed," said a senior Fed official who spoke on condition of anonymity. "If there are any doubts about liquidity being available, there is no reason to be concerned." The Fed's action could keep bankers from cutting off credit to brokerage houses and securities firms suffering heavy losses from a plunge in stock prices. Officials at both the Fed and the Treasury were closely monitoring developments in the overseas mar- kets, primarily Tokyo and Hong Kong. Developments in those mar- kets could set the tone for how U.S. markets perform when they open this morning. 0 CLASSIFIED ADSI Call 764-0557 I Half Off I Fed ready to flood banks with extra cash THE LIST What's happening in Ann Arbor today Meetings Shorin Ryu Karate Club - 7:30 p.m. in the CCRB; beginners welcome Women's Issues Committee of MSA - 6 p.m. in Rm. 3909 of the Union U-M Women's Lacrosse - the team practices from 9-11 p.m. at 'Tartan Turf Undergraduate Philosophy Club - 7 p.m. in Rm. 2220 Angell Hall ';Anorexia/Bulimia Support Group - 6:30-8 p.m.; sponsored by the Center for Eating Disorders; 668-8585 U-M Undergraduate Math Club - mass meeting at 4 p.m. in Rm. 3201 of Angell Hall Speakers "Four Textural Emendations to the Koran" - Dr. James Bellamy, a professor of classical Arabic Literature speaks at 4 p.m. in Rm. 3050 of the Frieze Bldg. Evening Writers Series - Chris Brockman and Pearl Ahnen read from and discuss their works;; 8:30 p.m. at the Guild House Furthermore Jesus Lizard and Flour - 10 p.m. at the Blind Pig; $5 in advance English Peer Counseling - 7-9 p.m. in Rm. 4000 A of the Union; sponsored by the Undergraduate English Assoc. Free tutoring- free tutoring for - 3:10 - 9 a.m. in Angell Hall, Aud. A Resume Lecture - 6-7 p.m. in CP&P Rm. 1 Employer Presentation by Hewitt Associates - 7--9 p.m. in CP&P Conference Rm. Pre-Interviews - LTV Steel from 5:15-7:15 p.m. in 1303 SECS; FMC Corp. from 6-8 p.m. in 1311 EECS; Consumers Power from 4:30-6:30 p.m. 1010 Dow Composer's Forum - a n opportunity to hear the work of up-and-coming students in the School of Music's Composition Dept.; 8 p.m. in the School of Music's Recital Hall World Hunger Teleconference - titled "Food, Environment and Development"; will be broadcast over Community Access Cablevision Channel 10 from noon-3 p.m. Safewalk - the night-time walk- ing service is open seven days a week from 8:00 p.m. to 1:30 a.m.; 936-1000 Northwalk - North campus night-time walking service, Rm. 2333 Bursley; 8 p.m. - 1:30 a.m. or call 763-WALK Free tutoring - all 100/200 level math, science and engineer- ing courses; from 8-10 p.m. in Rm. 307 of the UGLi; sponsored by Tau Beta Pi ECB peer writing tutors - available at Angell-Haven and 611 Computing Centersfrom 7 to 11 p.m.; Sunday through WASHINGTON (AP) - The Federal Reserve put out word yester- day that it stands ready to flood the banking system with money to pre- vent the second-biggest point drop in the history of the stock market from developing into something worse. The Fed commitment came as the Bush administration continued its own efforts to reassure investors reeling from Friday's 190-point plunge in the Dow Jones industrial average. White House Budget Director Richard Darman, who in recent weeks has been critical of the Fed's handling of monetary policy, ex- pressed total confidence yesterday that the central bank and other gov- ernment officials will do all that is necessary to contain the market tur- moil. Darman said that Treasury Secre- tary Nicholas Brady, Federal Reserve CORRECTION The proposed Michigan state 1;g- islation designed to give police more authority to enter homes without knocking has not passed the full State Legislature, and is therefore not a state law. The Daily incor- rectly reported this information in Thursday's edition. Chair Alan Greenspan and Richard Breeden, the new chair of the Securi- ties and Exchange Commission, were keeping in close contact moni- toring developments. "I am sure they will do what is right, what is prudent, what is sen- sible," Darman said in an interview on ABC's "This Week with David Brinkley. Meanwhile, a senior Fed official said yesterday that the central bank intended to follow the example that Greenspan set following the October 1987 market crash. The Greenspan-led effort two years ago was widely credited with keeping the 508-point plunge of Oc- tober 1987 from wreaking havoc on the banking system and perhaps top- pling the entire country into a reces- sion. After 100 C opies* After your first 100 copies of a single sheet original. the rest are Half Price! the copy center OPEN 24 HOURS 1220 S. University 747-9070 OPEN 7 DAYS Michigan Union 662-1222 OP N 24 HOURS 540 E. Liberty 761.4539 - - - amr amy --w w a W!. UNION ARTS AND PROG RAMMING presents ANDEAN ART Sweaters and jewelry from Lati* America Monday, October 16, 1989 - Friday, October 20, 1989 I .