Oregon daily emerald. (Eugene, Or.) 1920-2012, October 09, 1981, Page 5, Image 5

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    inter/national news
Police fire on
Moslem protesters
CAIRO, Egypt
Egypt assured foreign digni
taries Wednesday they will be
adequately protected during
Pres Anwar Sadat's state fun
eral Officials also said "some"
policemen and one Moslem ex
tremist were killed during
clashes in the southern city of
Assyut
"They will be protected,"
Egypt's undersecretary for for
eign affairs, Ossama el-Baz,
said of the world leaders who
are due here for the Saturday
services "The fact an incident
(Tuesday s assassination) took
place does not mean the
country is unsafe "
The original funeral plans and
route have been simplified to
facilitate security
El Baz said police repulsed an
effort by "a few young men” to
storm two police stations in As
syut, a city 240 miles south of
Cairo on the Nile River and
known for its Islamic fun
damentalism
The official Middle East News
Agency said one Moslem was
killed and "some" police were
killed and wounded in the at
tack Security sources in Cairo
said at least two officers and 10
other people were killed in at
tacks
MENA said three of the Mos
lems were captured and others
were being sought in Assyut
Recession looms,
Fed blamed
WASHINGTON
For months, the Reagan ad
ministration has been applaud
ing Federal Reserve Chairman
Paul Volcker for his tight-money
policy Now. with recession
looming, those pats on the back
are looking more like punches
It's still much too early to give
up the administration s econ
omic program, Pres Reagan
and his top officials insist But if
something should go wrong,
and keep going wrong, there
are indications they stand ready
to revive an old White House
tradition
It's called Blame the Fed
"A tight money supply in a
downward economic cycle
could exacerbate the trouble
we re in,” Reagan's top eco
nomic adviser, Treasury Secre
tary Donald Regan, told a
bankers' conference in San
Francisco
The Federal Reserve, the na
tion's central bank, can affect
money and credit availability by
raising or lowering the amount
of reserves banks are required
to hold, by adjusting the interest
rate member banks are charged
for loans or by such other ac
tions as selling government
securities to banks or by buying
then back
Urged on by the administra
tion, the Fed has been trying to
manage the money supply so it
will grow more slowly than in the
past
The theory at both the White
House and the Federal Reserve
is that too much money and
easy credit were greatly to
blame tor inflation
But times can get tough in the
inflation war Tight-credit disci
pline can beget high interest
rates and those interest rates
can beget a slumping economy,
complete with lost jobs and
maybe lost votes When all that
happens, it's usually time to
blame the Fed
Pacific glaciers
continue growing
PORTLAND
Major glaciers or ice fields in
Washington are growing, recent
reports show
Unlike Grinned and Sperry
glaciers in Montana’s Glacier
National Park, which are dwin
dling, Pacific Northwest
glaciers are stable or on the
move, says Mark Meier, a
Northwest glaciologist for the
U S Geological Survey in
Tacoma. Wash
Ninety percent of the glaciers
remaining from the last Ice Age
in the 48 contiguous states lie in
Oregon and Washington
While Oregon has eight
square miles of glaciers, Wa
shington had 135 square miles
as estimated in 1968
But Washington's glaciers
have grown dramatically since
then with Mount Rainier, the
Northwest s biggest ice factory,
leading the way
Emmons Glacier, on the
mountain's northeast face, has
shown the most spectacular
advance of any of Rainier's
glaciers in recent years Em
mons' terminus advanced 1,500
feet in the 13 years between
1967 and 1980 and is still ad
vancing
Security fails to
protect Sadat
CAIRO, Egypt
Westerners who witnessed
the assassination of Pres An
war Sadat say his security
forces failed to react to protect
the president. They also raised
questions about the official ac
count that only four attackers
were involved
Military attaches and
diplomats at the parade Tues
day told The Associated Press
they were surprised, in some
cases shocked, because
Sadat's security forces failed to
take action to safeguard Sadat.
A Western diplomat who was
there, but would not be quoted
by name, said of Sadat's secur
ity men, "It was not a profes
sional reaction at all.” The
Western sources would not be
quoted by name
Some diplomats questioned a
government version that the
murder team was limited to four
men, three of whom were said to
be civilians who masqueraded
as soldiers and sneaked onto an
army truck
Western attaches say that in
addition to at least three men
photographed charging and
shooting at Sadat, two or three
others stayed aboard the truck
and poured sustained fire at the
president
Walesa wins
slim majority
GDANSK, Poland
Solidarity leader Lech Walesa
won a hard battle at a national
leadership meeting Thursday
and secured a moderate major
ity on Solidarity's governing
presidium
Although the exact split
between radicals and moder
ates on the presidium was not
immediately clear, the radical
leaning commission apparently
chose a presidium to Walesa's
liking
Walesa, a moderate who is
popular with the rank-and-file,
won more than 55 percent of the
convention delegates’ votes to
defeat three challengers in thp
election for a two-year term na
tional chairman He had been
under attack by union militants,
who succeeding in getting
radicals elected to the national
commission
M A T T' O - X
SWEATER
SPECTACULAR
57 W. Broadway • Eugene Downtown • 686-2332
ROBERT ROBERT
□E NIRO • DUVALL
STARTS
FRIDAY
OCT. 9
VALLEY RIVER
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steak-out
vour own
dinner at
■ ■■■
Eugene’s original
"Steak-by-the-Ounce" house.
Choose from the choicest beef available
from our own butcher shop. Pay by the
ounce. You only pay for what you order.
Any size —six oz. to 60 oz—cut to your
specifications. New Yorks, rib-eye, filets,
lamb chops, or T-Bones. Complement your
dinner with a choice of crisp salads, fluffy
baked potato, shoestring potatoes, onion
rings etc. Everything la priced Individually
so you only pay for what you order.
For those not in the mood for steak, we
offer select seafoods such as steamer
clams, salmon, fresh grilled oysters, and a
special ‘catch of the day’.
In the center of Valley River Center
ADD TO YOUR
FUN WITH
“HALF-A-CARAFE”
Clip this coupon and bring it in tor a
FREE Carafe ot Wine tor Two with
your Steak by the Ounce dinner
Fun tun tun!
(Sullfuera
LUNCH
11am 3pm Mon thru Sat
DINNER
5 10pm Mon thru Sun
LOUNGE
11am 11pm Mon thru Sun
at Valley
River Center.
Our diner’s
have more
fun.
345-2644