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September 08, 1989 - Image 2

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Publication:
The Michigan Daily, 1989-09-08

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Page 2 -- The Michigan Daily -Friday, September 8, 1989

Student-run used book sale begins

by Gil Renberg
Daily Staff Writer
Today the Student Book
Exchange opens its doors to students
seeking to buy used textbooks at
prices cheaper than those found at
local bookstores.
Since Wednesday, the Book
Exchange has been acquiring books
from students who wish to sell their
books. Many of these students are
selling their books through the
Exchange because local merchants
were paying less for used books.
The students set the price, and the
textbooks are left on consignment
";with the Exchange. If the book is
sold, the student receives 85 percent
,of what the book sold for, and the
remaining 15 percent is used for in-
come tax and supplies for the
Exchange. If a book is not sold, the
seller can reclaim it on Monday.
Organizers of the event, which
,will end Sunday at 6 p.m., said that
.n the past, approximately 70 per-
cent of the books left with the
Exchange were sold.
According to David Krone, an
LSA .senior and president of the
Exchange, students benefit from the
Exchange in two ways: those who
dish to sell their books will get
iore money than the bookstores are
offering, and those who are buying

books will spend less than they
would at the bookstcres.
Customers of the Student Book
Exchange seem to agree. According
to a student who brought her books
to the Exchange yesterday, she is
upset that stores would not give her
more money. Another student was
impressed with the way the
Exchange provided those selling
books an opportunity to make more
money.
Krone said that the Student Book
Exchange was founded because he
and the other founders had the same
complaints. "I see it as an alterna-
tive... as a way for students to make
a statement that they are tired of bc-
ing ripped off," he said.
"The demand for this kind of ser-
vice is just enormous," said the
Exchange's Vice-President Steve
THE DAILY
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Bleistein. "Book stores rip people
off. The buy-back rates are very
low."
Managers at Ulrichs, Michigan
Book and Supply, and Barnes and
Noble could not be reached for
comment.
Last term, when the Student
Book Exchange began, approxi-
mately 500 students sold books and
about the same number of students
came to buy books.
Both Krone and Bleistein expect
this sale to be smaller, since most
students did not feel like keeping
their books over the summer in order
to sell them now. However, they are
both very confident that sales will
increase in the winter term, when
Krone hopes to have 3000 students

selling and buying books.
"I don't think that there is a ques-
tion that this is the best way," said
Krone. "The bargains are there to be
had... It's very obvious how much
money they're saving."
Krone believes that one day com-
petition from the Student Book
Exchange may force local bookstores
to stop selling used books, but not
until the Exchange becomes a well-
established institution.
So far, the Student Book
Exchange has a record of well-satis-
fied customers. Krone, who is happy
with the fledgling organization's
success, is surprised at just one
aspect of the used textbook business.
"Why wasn't this done sooner?"
he wonders.

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N BRIEF*
Compiled from Associated Press and staff reports -
Hartwig most likely responsible
for blast on USS Iowa navy says
Washington (AP)- The Navy said yesterday that gunner's mate Clayton
Hartwig "most likely" caused the explosion that killed 47 sailors aboard
the USS Iowa by shoving a detonator between gunpowder bags in one of
the battleship's huge guns.
The formal report on the explosion said the exact cause cannot be pin-
pointed since sailors close to the blast, including Hartwig, were all killed
in the fiery blast.
Rear Adm. Richard Milligan presented much "circumstantial informa
tion" which pointed to Hartwig. He cited an FBI psychological report
that characterized Hartwig as a person with "low self-esteem", the conclu-
sion of the report being that Hartwig took his own life and hoped to make
it look like an accident.
Foreign material found in the exploded gun was presented as evidence
that the explosion was caused by an intentional act.
Bush denounces defense bill
BALTIMORE (AP) - President Bush denounced a House-passed defense;
bill as "totally unacceptable" yesterday.
In a speech to the American Legion that mixed defense and anti-drug
themes, he also praised Wednesday's decision by Colombian president
Virgilio Barco to extradite a major drug figure to the United States.
The extradition of Eduardo Martinez Romero to face U.S. drug money-
laundering charges "sends a strong signal of the courage and determination
of President Barco and the Colombian government to deal with the:
scourge which drugs are inflicting on all of us," Bush said.
But he claimed that the national defense was threatened by the House:
version of a defense spending bill for the coming fiscal year.
Allies disagree on NATO plans
Washington (AP) - Greece's mistrust of its old enemy Turkey, a
NATO ally, blocked Western plans to propose limits on military
Maneuvers, sources reported yesterday after talks resumed on reducing;
conventional forces in Europe.
On Wednesday, NATO diplomats in Vienna and Brussels put the fin-
ishing touches on the Western plan. Diplomatic sources said, however,
that Greece felt NATO set the limits too high when it proposed requiring
maneuvers to be announced in advance if 40,000 reservists would be
called up or 1,200 armored personnel carriers used. Greece sought lower
limits because of concern about neighboring Turkey.
Some diplomats say Norway and Turkey oppose the NATO plan for;
reductions because weapons withdrawn to Soviet territory might be
moved to their borders.
Diversions also exist between the United States and Canada, which:
want maximum verification, and European nations reluctant to have in-
spectors from the Soviet bloc constantly touring their weapons factories:
and military bases.
102 arrested in soccer riots
LONDON (AP) - Prime Minister Margaret Thatcher said yesterday she
was dismayed at the re-emergence of English hooliganism and her gov-
emnment asked soccer officials to cancel a visit by the national team to the
Netherlands.
Meanwhile Swedish police hustled hundreds of English fans out of
their country after a night of vandalism and fighting.
Police in Stockholm said 102 English fans were arrested before and
after the World Cup qualifying game Wednesday in which England and
Sweden played to a scoreless tie.
Almost all were arrested when they rampaged downtown, throwing
bottles, knocking down passersby and vandalizing shops.
The renewed hooliganism could affect a decision by the European soc-
cer governing body, UEFA, to lift a ban against English clubs playing in
European competitions.
EXTRAS
Fed-up anti-baby-boomers want
an end to the 'Age of Aquarius'
Even as the commercialized remembrances of the 1969 Woodstock
music festival finished failing miserably, the National Association For

The Advancement of Time called for a "Boycott the Past Week."
"We're getting pretty fed up with baby boomers reliveing their
childhood in prime time," complained NAFTAT President Bruce Elliott;
of Los Angeles. "Meanwhile, all other lives are brushed aside as
irrelevant. We want the end the sixites in our lifetime."
"The voice of today is being buried under an avalanch of retro-culture,"
Elliott mainined.
"When four out of five pop radio stations play oldies, when topical
theater is pushed aside for a revival of 'Hair,' something is wrong."

0

Big Honors Associated Press:
President Bush watches the U.S. flag being raised during a 175th
anniversary ceremony at Ft. McHenry in Baltimore Thursday. Lou Miller
stands in colonial uniform behind the president.

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News Editors
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Music
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