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February 02, 1995 - Image 2

Resource type:
The Michigan Daily, 1995-02-02

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2 - The Michigan Daily - Thursday, February 2, 1995

N~TI IW. ta


Continued from page 1
The week begins with keynote
speaker Daniel Osuna, a former rep-
resentative of Partido Nacional de la
Raza Unida, a national organization
for advancing Latino/a rights, Reyes
"It's a social conscience raising
speech," he said. "It's not only to talk
about Chicano culture but also to raise
awareness about the conditions that
Chicanos face daily in this country."
Quiroga, who has seen Osuna's
presentation, called it "very power-
ful. It makes people cry."
Reyes cited economic and institu-
tional oppression as common ob-
stacles Chicanos face, particularly
"the racism faced by Latinos most
recently expressed by (Proposition)
187 in California."
Proposition 187, a law recently
approved by California voters, denies
non-emergency medical care, educa-
tion and other public services to ille-
gal immigrants. "The effects are defi-
nitely directed toward Latinos," Reyes
Additional events include aRAZA
Comedy Night at the Michigan Union,
a Chicana gender issues panel discus-
sion and a grape boycott "teach-in,"
to raise awareness about the signifi-
cance of the United Farm Workers
grape boycott protesting unfair labor
practices in the California table grape
An Aztec spiritual leader -
Huetochli Cristino Beato Perez -
will also be contributing to the week's
events as he leads an event called
"Resurgence of the Indigenous Tra-
dition." Perez will be showing avideo,
celebrating Aztec dance and speak-
ing about Aztec culture, Reyes said.
Overall, Quiroga is optimistic
about the week's events. "We hope to
educate. It's not very often that our
history gets told," she said.
"But also part of it is celebrating
for ourselves our history and learning
from it," Quiroga added.

Fed increases interest rates to 9%
WASHINGTON - The Federal Reserve boosted interest rates yesterday
for the seventh time in a year, triggering higher borrowing costs for millions
of Americans and charges of monetary overkill from critics.
The Fed's half-point increase in two key rates was followed immediately
by a similar boost by major banks in their prime lending rate, pushing it from
8.5 percent to 9 percent, the highest level for this benchmark rate since early
1991. Many home equity and credit card loans are tied to the prime, as are
certain business loans, especially for small and medium-sized firms.
In a brief announcement at the end of two days of closed-door discussions,
the Fed said it was increasing its discount rate, the interest the bank charges on
direct loans to commercial banks, from 4.75 percent to 5.25 percent.
The central bank said it was increasing its target for the federal funds rate,
the interest that banks charge each other, by a half-point, to 6 percent.
When the Fed began this cycle of interest rate increases on Feb. 4, 1994,
the funds rate stood at 3 percent. The latest increase means it has now been
doubled in just 12 months even though the underlying rate of inflation in the
country has actually declined during the same period.

Rutgers students call for the resignation of school president Francis L Lawrence yesterday afternoon.P
Rutgers president apologizes for
'genetic' remark; students protest

- A university president apologized
yesterday for "the damage and the
pain" he caused by implying blacks
lack the genetic background to score
well on standardized tests.
President Francis L. Lawrence of
Rutgers University said he had
misspoken and that such views were
wrong. He refused to resign despite
demands from some 500 student pro-
testers who marched across campus
School officials said they don't
plan to discipline him.
"To the depths of my soul, in no
way have I ever thought these things,
believed these things," Lawrence said

in an interview with The Associated
to all students and said he would meet
with students over the next few days.
Demonstrators chanting
"Lawrence must go!" marched
through the center of the main cam-
pus yesterday, held a brief sit-in, then
advanced to the building that houses
the president's office. Speakers used
a megaphone.
"We as students demand to be
respected as human beings. Your
words have revealed a subconsciously
racist ideology," said Otis Rolley, 20,
a junior and one of the march leaders.
Lawrence, who became president in

1990, was not in the building at the time.
Speaking in November to faculty
members, Lawrence described his
views on the use of such exams as the
Scholastic Assessment Tests to judge
student performance.
"The average SAT for African
Americans is 750," he said. "Do we
set standards in the future so that we
don't admit anybody with the na-
tional test? Or do we deal with a
disadvantaged population that doesn't
have that genetic hereditary back-
ground to have a higher average?"
A recording of the speech was
distributed by the faculty union; the
remarks were reported Tuesday in
The Star-Ledger of Newark.

D.C budget crisis
called 'emergency'
Marion Barry warned yesterday that
the finances of the nation's capital are
in such bad shape, the city could slip
$1 billion into debt by the end of
A new audit reveals that the city's
1994 deficit was $335 million instead
of the $40 million estimated. "This is
an emergency situation right now,"
Barry said.
The mayor decided against de-
claring the first-ever state of emer-
gency, which would have given him
unprecedented powers to slash spend-
ing without city council approval.
Rep. James Walsh (R-N.Y.), who
heads the House Appropriations' D.C.
subcommittee, warned that Congress
could be forced to seize control of the
city's finances.
But House SpeakerNewt Gingrich
suggested that not even Congress
wants to assume the burden.
"Let the state government of Mary-

land take over the city and decide
what to do with it - and by the way
letthem provide themoney," Gingrich
quipped at one point.
Maryland Gov. Parris Glendening,
echoing the sentiments of his prede-.
cessors, said no thanks.
Clinton to tap Tenn.*
dean as surgeon gen.
Foster Jr., a medical school leader in
Tennessee, is President Clinton's.
choice for surgeon general, officials
said yesterday.
Foster, 61, former acting presi-
dent of a predominantly Black medi-
cal school, will replace Dr. Joycelyn@
Elders, who was fired in December
after saying school children should
be taught about masturbation.
White House aides, speaking on
condition of anonymity, said the an-
nouncement was scheduled for today.
They said Foster would lead a na-
tional campaign to combat teen-age,

AIDS drugs buoy hopes




i fti j +.

Los Angeles Times
WASHINGTON - A new ex-
perimental antiviral drug called 3TC,
taken in combination with the com-
monly used drug AZT, decreased
AIDS infection and appeared to im-
prove the immune systems of patients
better than either drug used alone,
according new studies presented yes-
The findings represented the sec-
ond piece of encouraging news in
AIDS therapy in as many days, and
further bolstered the opinion of most
researchers that combinations of pow-

erful drugs are the best hope for con-
trolling the disease.
Researchers presented data Tues-
day showing that another class of
drugs, called protease inhibitors, pro-
duced similar results. The research
was released at the Second National
Conference (on) Human Retroviruses
and Related Infections, a five-day
scientific meeting here devoted al-
mod entirely to AIDS.
"The combination of AZT and 3TC
is promising," said Dr. John Bartlett
of Duke University Medical Center,
which conducted one of the studies.

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Mideast leaders to
hold summit today
JERUSALEM - The leaders of
Egypt, Israel, Jordan andthe Pales-
tinians will 'hold an unprecedented
four-way summit today in Cairo,
Egypt, in an effort to rescue founder-
ing Israeli-Palestinian peace negotia-
The quartet of leaders "will make
a real attempt to create a coalition for
peace and not let the coalition against
peace stop it," Foreign Minister
Shimon Peres said in Cairo, where he
held talks yesterday with Egyptian
Foreign Minister Amr Moussa.
A Palestinian spokesman con-
firmed that Palestine Liberation Or-
ganization Chairman Yasser Arafat
will attend the Cairo summit.
"It is a conference of the peace-
makers," said Nabil Abu Rudaineh.
"We are facing a crisis between the
Israelis and the Palestinians, and the
major issue tomorrow will be how to
get out of this crisis and back to the
negotiating table."
Moussa said Syrian President
Hafez Assad, whose three-year nego-
tiations with Israel are at an impasse,
was not invited to the meeting. "We
don't want to embarrass him,"Moussa

Both Israeli and Palestinian ana-
lysts welcomed today's meeting asan
essential effort to restore the credibil-
ity of peace negotiations.
major appeals onTV
for N. Ireland peace
LONDON - British Prime Min-
ister John Major made an unusuag
television appeal to the nation last
night in an effort to save the delicate
deliberations on peace in Northern
The peace process seemed jeopar-
dized when the London Times printed$
what it said were excerpts from a
document designed as the basis for
talks among parties on both sides of
the Irish border, which angered poli-
ticians who favor continued British
rule in Northern Ireland.
The opportunity for peace, Major
said in his third televised address since
he took office in 1990, "shouldn't be
thrown away by fears that are unreal
and accusations that are untrue." 0
Unionist politicians, who repre-
sent Northern Ireland's pro-British
Protestant majority, argued that the
published text constituted a "sell-out"
to Dublin.
- From Daily wire services

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