Page 2 University Daily Kansan, December 4, 1981
1
News Briefs From United Press International
Sinai peacekeeping force could include Europeans
JERUSALEM - The Israeli cabinet approved a joint U.S. Israel statement on the Sinai peacekeeping force, solving a last-minute dispute that had been raised by Israel in October 2014.
The cabinet said yesterday the four nations would have to accept the statement before April, when Israel plans complete its withdrawal from Syria.
The cabinet's approval of the statement put to rest a controversy that erupted last month when Britain, Holland, France and Italy said they would contribute troops to the force but would not support the Camp David accords.
In Washington, a State Department official said the four nations probably would accept the document's terms.
But in Yamit, an Israeli settlement in the Sinai, Israel's withdrawal is not popular. Last night Jewish settlers there buried the municipal building and a few other structures.
Anti-strike bill provokes Solidarity
RADOM, Poland—Solidarity yesterday threatened a 24-hour shutdown of the entire Polish economy if the government passed an anti-strike law. And the union promised a strike of unlimited duration if the government tried to break up its protest.
"We don't have any other way out," said Lech Walesa, the union's national chairman.
Congress leaders said their disputes with the Communist government had only been aggravated since negotiations began last month. And they said that the situation has improved.
The union's statement, which came one day after the government forcibly ended a strike by 300 firefighters cadets, was Solidarity's strongest option at the time. The union had criticized the government.
Last week, the Communist Party Central Committee submitted a bill that demanded extraordinary powers to break strikes. Solidarity said yesterday it would not be allowed unless the bill was approved.
tooer.
Without referring to Solidarity's strike threats, Jaruzelski warned yesterday that the government would crack down on activities that threatened socialism in Poland.
in theaters as has been said:
"There can be no conciliation with such forces," he said. "There are cracks on the walls of the Polish house today, and it requires repairs. But its socialist foundations remain untouched."
Battles in Iran-Iraq war kill 4,000
BEIRUT. Lebanon-Fighting along the Iran-Iraq border has claimed nearly 4,000 lives this week, reports from both countries indicated yester-
But both Iran and Iraq claimed to be winning the 14-month-old Persian Gulf region war.
Iraq said 3,800 Iranians were killed during the past few days in heavy fighting in Iran's province of Kuznietsh.
fighting in Iran's province of Kuznian.
Iran said "hundreds" of Iraqis were killed this weekend when Iranian
I Iraq dismissed the claims. It admitted Iran had launched an offensive but said its forces "crushed" the move.
The battles in Khuzistan were considered the worst since September, when both sides renounced heavy clashes in the province.
Before September 1800, when the war began, Khuzistan was the center of Iran's oil industry.
Haig calls Nicaragua 'totalitarian'
CASTRIES, St. Lucia—Secretary of State Alexander Haig yesterday on down an dappers and failing to have free elections for cracking down on dappers and failing to have free elections
Officials said that in a speech today, Haig would say that the Nicaraguan government had totalitarian policies and that it was fueling Cuban arms production.
Haig, whose scheduled address to the 10th annual Assembly of the Organization of American States was postponed until today, met privately yesterday with delegates to derail a Nicaraguan resolution that criticized the United States.
But he said the United States would not ask the organization to formally condemn Nicaragua's leftist Sandinista government.
"We are looking for something in positive support of the electoral process in El Salvador," he said.
Waldheim withdraws from UN race
UNITED NATIONS—Secretary General Kurt Waldheim yesterday withdrew from the race for an unpredicted third term in an effort to end a two-term government.
Waldheim left open the possibility that he could continue to lead the Security Council for a short time if the impasse persisted.
"I am making this request in the greater interest of the organization to which I remain unalterably committed," he said.
winter if Renah united party committee," he said.
Since Oct. 27, when the council began voting, China has consistently vetoed
them.
China said the council should be led by a Third World representative and supported Salim Ahmed Salim, Tanzanian foreign minister.
Decertification appeal in progress
The argument before three judges of the U.S. Court of Appeals for the District of Columbia came several hours after William Wynn, an AFLCIO vice president, said Reagan was making an "unfortunate mistake" by refusing to return the 11,400 controllers to their jobs.
WASHINGTON—The union for fired air traffic controllers yesterday urged an appeals court to overturn its decertification as a bargaining agent.
There is no indication when a ruling will be delivered in the case.
In yesterday's hearing, union lawyers argued that a federal hearing officer violated the union's right to due process. They said he refused to listen to the union's reasons for calling the strike before he recommended decertification.
Americans living longer, study says
WASHINGTON--Americans are getting healthier and living longer, the Department of Health and Human Services reported yesterday.
out of four 65-year-old Americans could expect to live to their 78th birthdays.
And it found that Americans with one or more years of college education were about 30% older than the
But there were trouble spots. Spending for medical care reached $1,607 per person in 1983, three times what it was in 1970.
an examination's sixth annual report on American health found that three out of four 65-year-old Americans could适应 to live in their 75th birthdays.
look better care of their health than those with less education.
But there were trouble spots. Spending for medical care reached $1,807 per
The death rate for black infants is twice that of white infants. And white Americans can expect to live about five years longer than blacks or other
HUD sounds its alarm on new cuts
WASHINGTON—In a burgeoning battle within the Reagan administration, Department of Housing and Urban Development officials are warning that proposed new budget slashes would leave poor, handicapped and elderly Americans with serious hardships.
The slashes proposed by the Office of Management and Budget, officials said, also would greatly damage the ailing construction industry by restricting FHA loans and cutting the use of tax-exempt financing for multi-family housing.
The draft HUD budget appeal said the Office of Management and Budget's calls for sharply reduced rent subsidies in programs that now include two million families would "totally destroy any remaining semblance of credibility" the White House has with Congress.
By LISA BOLTON Staff Reporter
Endowment treasurer manages millions
The Endowment Association's assets are worth more than $100 million, of which 67 percent is stocks and bonds, Porto said yesterday. Two out-of-house firms manage about half of the $7 million, but Porto is responsible for investing
"It's an interesting challenge and it is a responsibility," said Porto, who has been treasurer since 1973. "Once the funds have been developed, everyone in the association is working to increase those funds."
PORTO GRADUATED from KU in 1968 with a bachelor's degree in business administration and completed his law degree in December 1970.
support organizations after the Endowment Association, which was chartered in 1891 and was the first such organization.
A contribution to the Endowment Association is deposited in one of about 2,000 accounts, each of which has diffused governmently governings its use, Porta said.
He said many Ivy League, Pac 10 and Big 10 schools patterned their private
"We act more like the trust department of a bank than like an investment firm," he said. "Our clients are the 2,000 accounts."
THE RISK OF ANY investment rises with the rate of return. Porto said he balanced the risk of investment in securities by investing in certificates of deposit, government bonds and commercial paper (short-term promissory notes issued by a bank or a corporation.)
Puerto pools the revenue from the accounts, he said, because large-scale investments are generally more profitable than smaller ones.
Porto said he also got information from the brokerage firms through which he bought and sold stock and from the two out-of-house investment managers, who may invest in some of the same companies.
"We look for well-managed firms with good product and service quality in the company," he said.
Porter bas his investment decisions on research and careful monitoring of the financial ups and downs of the companies in which he invests, he said.
"The external investment advisers decide what securities should be in that portfolio when they should be purposed and when they should be sold." Porta said.
ONE SUCH out-of-house investor is Rice, Hall, James and Associates, a California-based firm with offices on the East and West coasts, said Porto. The company has been investing Endowment Association money in equity stocks since 1971.
the other out-of-house firm is the Common Fund, a corporation that pools the funds of colleges and universities across the country and employs another firm to invest the funds, Porto said.
scale," he said, adding that the Common Fund bought mainly government bonds.
They do what we do, only on a larger
Porto uses his knowledge of tax legislation to the advantage of the non-profit, incorporated Endowment Association, he said.
"We try to utilize our charitable organization status where that can benefit the association," he said.
CANADIAN COMMERCIAL paper; for example, is exempt from withholding tax because of an agreement between the United States and Canadian governments, he said, including a return of U.S. commercial oaper.
"Say we have $100,000 or $1 million to invest," he said. "After letting it be known that we have this money, we accept bids as they come in and see who offers the highest overall interest rate."
Local, regional and national financial institutions compete for the Endowment Association's business, he said, because of certificates of deposit is important.
Vasectomy causes side effects
By CATHERINE BEHAN Staff Reporter
Vasectomies cause the body to produce antibodies from the sperm that is not released through ejaculation, urologist Michael Well said, and recent research suggests other antibodies increase chances for hardening of the arteries.
HOWEVER, WELL SAID that a vasectomy probably would not cause that much more of a problem than the normal - producing illness or immunization.
Well told about vasectomies and male contraception to about 15 people in the Council Room of the Kansas Union. The speech was sponsored by the
But the possibility of an increased risk of arteriosclerosis is not the only side effect of a vasectomy, he said.
"Antibodies caused by broken-down sperm proteins cause x amount of weakening of the lining of blood vessels," Well said. "Unfortunately, we don't have any real good studies of humans."
Well said short-term side effects included swelling, a heavy feeling and bruising "down there." The man must wait until he has at least 12 jaculations before he can be sure the sperm has cleaned from the upper portion of the vas deferens and he is sterile, Wells said.
ONE OTHER, though rare, complication a man could have after a vasectomy is the loss of a testicle through inflection.
He said he performed about three comedies a week, and most of his patients were around 30 years of age. He counsels his patients about the problems but said most were fairly sure they wanted to have the procedure done.
Well said he asked couples to come in together for counseling to make sure they were comfortable with it. In the session, he discusses the process in detail. When he asks, he said, many times the couple are so convinced, they don't really hear
"Most have thought about it and read about it and have really strong feelings." Well said.
"I go through the whole spiel and when they come back, they haven't heard a word I've said. They ask the same questions," he said.
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