2 Tuesday, October 20, 1987 / University Daily Kansan Nation/World First lady making rapid progress; president predicts quick release WASHINGTON — Nancy Reagan, "feeling just great" two days after breast-cancer surgery, got a well-basket of cookies and a cup of coffee yesterday as she continued a rapid recovery, her spokeswoman said. "She'll be coming home soon," Reagan called out to reporters as he left the White House for his home in New York and the Medical Center in Maryland. The president's physician, John Hutton, issued a statement earlier in the day saying the first lady was recovering well and felt wonderful. Reagan, questioned by reporters upon his departure from the White House late in the afternoon, held up a poster reading "Get Well, Mrs. Reagan." He also had a small wicker basket lined with red and white-checkered fabric filled with cookies. Japanese leader selects party successor TOKYO — Prime Minister Yasuhiro Nakasone yesterday chose Noboru Kakeshita to succeed him as president of the Liberal Democratic Party, virtually ensuring he will be Japan's next prime minister. Sosuke Uno, party deputy secretary general, said Nakasone chose Takehisa over two others: Shintaro Abu竹原, executive chairman, financial Miyichi Waanza, finance minister. Nakasone is stepping down as party leader on Oct. 30 after five years in office. Senate president pro tempore, 86, to retire JACKSON, Miss. — Sen. John C. Stennis, the 86-year-old president pro tempore of the Senate and third in line to the presidency, announced yesterday he would retire at the end of his seventh term next year because of old age an of 40 years touched off an immediate political scramble in Mississippi over a successor and complicated the Democrats' prospects of maintaining control in the Senate, where they hold a 54-46 edge. The decision by the Senate vetor Beer takes place of Bible in Illinois tavern HILLSBORO, Ill. — The stained-glass windows remain, but the old Sunday school room now has a bar and neon beer signs. The pulpit will become a stage somewhere in the future, where dance there once were ews. 1903. Welcome to the Church Street Pub, a bar and restaurant opened inside a church that was built in Two pictures of Jesus had been prominently featured in sanctuary windows, but they were donated to the Orlando United Methodist Church "That would make me feel real uncomfortable having him in here," said Dale Lingle, owner of the pub. From The Associated Press. Reagan says economy okay Cabinet economist says market fall may signal recession The Associated Press Instead, giving a speech that apparently had been written in advance of yesterday's financial market plunge, Reagan stressed that the current 88-month recovery had reached a new length for peaceetime expansions. comprise. Presidential spokesman Marlin WASHINGTON — President Reagan, after discussing the plunging stock market with top advisers, declared yesterday that the U.S. economy was healthy. However, a senior administration economist said the plunge "could be the first signal of the next recession." Generally, the administration reacted guardedly to the stock mark- "Leading indicators are sending a message: steady she goes," Reagan said at an afternoon swearing-in ceremony for new Commerce Secretary C. William Verity. He did not specifically mention the record fall of stock prices. "I am willing to wager that this is nothing like 1829," he said. "I put in some orders to buy some things with my stockbroker." Meanwhile, Robert Ortner, undersecretary of commerce for economic affairs, said, "This may be a short, sharp correction in the midst of an expansion, or it may be the first signal of the next recession. We never claimed here that the business cycle has been abolished." "We've been seeing substantial growth in exports in recent months, and our exports continue to stay well ahead of their 1986 average." Reagan said. "Stocks are a leading indicator of the economy, and they can have an effect on the economy even when they are somewhat misleading. They have also predicted more recessions than we had," Ortner said. "Exports have also been growing strongly in volume terms while imports are down. Emphasizing only the importance of exports misses some of these fundamentals." The Associated Press Ortner said that while stock prices went down sharply in 1962 and 1966, the company had grown. Stock market prices are one of 11 business barometers included in the government's chief forecasting index, the Index of Leading Indicators. Last week's Commerce Department report that the U.S. trade deficit was $15.7 billion in August was widely viewed as the event that began the plunge of stock prices last week that continued through yesterday's record tumble. Asked if the administration was alarmed by the market's fall, Fitzwater said, "No. We feel the underlying economy is sound. On the other hand, it is a situation we have to watch." Fitzwater said that the plummeting market was a topic of conversation at Reagan's weekly issues luncheon with advisers. he said. Shultz says U.S. doesn't plan to escalate retaliation in gulf "So far as we are concerned, that's it," Shultz said. LONDON - The United States does not plan to escalate retaliation for the missile attack on a U.S.-flagged tanker beyond destroying Iranian oil platforms in the Persian Gulf, Secretary of State George P. Shultz said yesterday. Soon after his arrival in London, Shultz met with King Hussein of Jordan to try to find a formula for peace talks between Hussein and and the U.S. diplomatic follow- through while holding talks in the Middle East with Israeli, Saudi and Evidentian leaders. Asked if he wished to say anything before the judge announced the sentence, Goetz, 39, replied: "No. I have nothing to say." Israeli Prime Minister Yitzhak Shamir. After the sentence was passed, Goetz stood silent, showing no emotion. He said the U.S. attack on three Iranian oil platforms is irrelevant to his mission to Moscow later this week to arrange a U.S.-Soviet superpower meeting. "A non-jail sentence for Mr. Goetz would invite others to violate the gun law," Crane said. "Whether you agree with the law or not, it is the law and it was the law on Dec. 22, 1984, and it remains the law." Hussein has proposed Middle East peace talks be held within the framework of an international conference to Shihar objects to Soviet participation. Goetz ordered to get counselor Goetz, who was acquitted of more serious charges in the shootings, also sentenced to five years of probation and 280 hours of community service at New York University Medical Center. "We are looking for ways that will meet everyone's objections to get into the direct negotiations," Shultz said. "And far we haven't found that answer." On Friday, Iran fired a missile into the Sea Isle City, a Kuwaiti tanker that had been put under the protection of the U.S. flag. Gunman receives jail term NEW YORK - Subway gumman Bernhard Goetz was sentenced yesterday to six months in jail, ordered to see a psychiatrist and fin $5,000 by a judge who rejected a probation report that recommended he go free. Shultz helped coordinate yesterday's military operation against Iran Goetz, whose shooting of four youths nearly three years ago touched off a nationwide debate over vigilantism, stood impassively as acting state Supreme Court Justice Stephen G. Crane sentenced him on the single gun possession count on which he was convicted. The crime carries a maximum penalty of seven years in prison, though first-time offenders like Goetz rarely go to jail. Cran said Goetz could choose his psychiatrist. In its pre-sentencing memo, the Probation Department had suggested "intensive supervision coupled with indefinite psychiatric intervention," but no jail time.