Concord Monitor from Concord, New Hampshire • 10

A10 CONCORD MON ITOR Wednesday January 6 1988 LEADERS SUNUNU Continued rom Page A areas where law makers have proposed multiple bills Those include planning for growth where some lawmakers want more state aid to towns and a trust fund to protect the current stock of able a measure Sununu has all but said he will veto The governor called the drop out bill the single most impor tant piece of legislation of the ses The initial idea grew from a discussion at the National Gover Association he said The bill was drafted the strong involve ment of this Sununu said allowing students to leave school without minimum com petency the wrong signals telling them that perfor mance important All im portant is turning the right number of pages on the calendar they want to drop out at 16 and they know going to have to demonstrate that they can read and write and do math maybe at the age of 12 or 13 start scurrying around so that they can read and write and do Sununu said the bill also shows a state commitment to students who need additional help in motivation and learning Much of the money would pay for and literacy instruc Sununu said some of the mon ey would help students who would otherwise drop out because they are pregnant or are having trouble at home The bill would prevent students under age 18 from leaving school un til they score at an average level for the 10th grade on a standardized achievement test Students seeking licenses would also have to meet that standard In addition the bill would put stricter limits on the number of hours students could work at jobs In other areas Sununu was dis couraging of plans to lower the busi ness profits tax the largest source of general revenue Backed by the House leadership the Business and Industry Associa tion is pushing a bill that would drop the business profits tax to 7 percent or 75 percent from the current rate of 8 percent However a state report released last week said an expected slowdown in economic growth means revenue from the tax will decrease next year even if the tax rate does not change think the worst time to drop it is in anticipation of a Continued rom Page A providing leadership that is consid ered markedly different from that of their predecessors who even agree in 1986 when the House and Senate should adjourn an open Scamman said think you get a lot better leg islation when you get an open pro cess If you have two or three people sitting in that back office trying to figure out what they want the rest of the Legislature to do it make for a very amenable As a candidate for Senate presi dent Bartlett said he wanted to get the Senate out of Gov John palm This session he and the gover nor are likely to lock horns over how to adjust the state budget passed last year Sununu wants an individual bill passed for each change in the budg et which could effectively give him a line item veto Bartlett says it makes more sense to handle all the changes in a single supplemental budget bill Of position he said help that The budget itself was passed in a single bill Any adjust ments to it should be made in the same Scamman agreed we have to do is discipline ourselves to do it cor rectly and not add in a lot of ex he said The leaders each have their eyes on particular legislation Scamman wants to make sure that several municipalities Exe ter Monroe and Manchester get the money the need to develop sew age treatment systems He is also watching a bill that Sununu said going to be awful ly tough to raise revenue tax rates when the slowdown The governor would not commit himself to vetoing a drop in the tax however Sununu rejected recent criticisms of the state Medicaid program by a Ralph Nader organization which ranked the New Hampshire Medi caid program 38th in the nation and the worst among New England states like that we have strict eligibility Sununu said I think a plus not a He said the study by the Public Citizen Health Research Group also did not consid er that the state has lengthened the period of Medicaid coverage for peo would expand disability retirement benefits for some state workers in favor of expanding the bene Scamman said but added that he wants to make sure the state can afford it Scamman is also paying attention to a bill that would set up a $15 mil lion affordable housing trust fund He said he recognizes that the state does have an affordable housing problem but that the bill needs to be made more specific instead of try ing to address a problem too big for it to solve by mid ebru ary have a pretty concise piece of he said Scamman also sees a delicate bal ance between state and local authori ty in managing growth He said he particularly support giving up local control but added may come to the point where we have to do that a little bit If you have snob zoning all over New Hampshire then the working person has a right to some Bartlett said he thinks the afford able housing bill should be geared to working residents but that the state be in the business of giving free handouts On another issue interstate banking the Union Leaderreported that Bartlett lobbyist Chris Gallagher for pushing for in terstate banking in New Hampshire on a nationwide basis At present in terstate banking is confined to the New England region never chew anybody Bartlett retorted used to when I was younger but I do that any Rather he said he had a dis cussion with Gallagher in which he advocated giving the regional sys ple who join the workforce and will eventually lose health benefits they had while unemployed Asked whether the state should pay doctors and hospitals more for Medicaid patients Sununu said: know of anybody in the medical profession who is significantly below the median wage in the state of New Hampshire We are still talking about health care growing signifi cantly faster than the rate of infla tion and somehow that contin ue to happen for long periods of But the answer he said does not include raising Medicaid reim bursements as much as doctors and hospitals want Sununu said he will not push for any of several bills to change the tern a chance to work Bartlett also has submitted a cou ple of bills of his own One would give the Legislature instead of the governor and Execu tive Council the right to appropriate highway surplus funds Under the present arrangement Bartlett said gone strictly to high way He thinks his bill would be consistent with the separation of power in government Legisla ture is the one supposed to ap propriate the If that bill ruffles the feathers of the Executive Council another sub mitted by Bartlett is sure to upset the state highway department It calls for one way tolls $1 on one side of Interstate 93 for example in stead of 50 cents on both sides Bart lett said that would reduce collection expenses but not the amount collect ed and make travel easier for every one including tourists But highway officials oppose it because it would mean the loss of jobs and possibly the diversion of traffic onto secon dary roads Scamman for his part see himself getting too involved in wrangling over bills job is to try to listen to all sides and then try to get them together till they do he said However they envision their roles both leaders say learned from the experience of last session learned that this job is a lot more complex than I ever dreamed it Scamman said after 18 years here Bartlett said his lesson was more Then he laughed think I could be this pa tient to start off ish and Game Department where internal tensions led to the ouster of Allen Crabtree as director One bill to be debated today in the House would strip policy making authority from the 11 member ish and Game Commission and would give more power to the director The director would no long er have to consult the commission on such things as the length of hunting seasons A second bill would make the commission a five member elect ed body retaining its ability to check the decisions fish and game issue has been in this state for Sununu said have left that in the hands of the Legislature CBS Continued rom Page A program news and features about New Hamp shire issues Yanoff said But Pulera said out of state affili ates such as WNEV paid close attention to New Hampshire because you show up in the ratings books mean you cov er New Pulera said decision to have a Concord affiliate will help boost New Hampshire as a distinct news market something that will help other local stations David Zamichow is the general manager at WMUR TV in Manches ter an ABC affiliate on Channel 9 and president of the New Hampshire association By The Associated Press Massive buying by central banks has given the depressed dollar some of its biggest one day gains ever but money strategists say dangerous ly premature to say its protracted decline is over or the second straight day the ederal Reserve and counterparts among major US trading partners aggressively bought dollars in for eign exchange markets yesterday in accordance with a cooperation agreement reached last month Currency traders were surprised by the forcefulness and began to buy dollars themselves The result was a stunning gain in the dollar value that reverberated through other US markets boosting stock and bond prices and raising the prospect that foreigners frightened by the relentless decline in the dollar for the past three years would buy more dollar denominated invest ments But many analysts were skepti cal emphasizing that the economic fundamentals pushing the dollar low er have not changed Without central bank buying they said the dollar likely would fall sharply have to convince foreigners that the change in the dollar a short term change but a long term said William Veronda portfolio manager for the Denver in vestment firm of inancial Pro think this is terrific for New Hampshire and for TV broadcasting Zamichow said He said the agreement will help create a distinct television market in New Hampshire which could make it easier to win advertising dollars Although Channel 21 will now be competing with his news ef fort Zamichow said he trou bled not concerned but I think going to make us work he said CBS and Channel 21 are still working out the details of their new arrangement including whether the network will pay the station for car rying its programs latley said he expect money to stand in the way of the deal grams Inc puts the foreign port folio manger into a dilemma: Is this the real thing or am I getting suck ered into a The dollar rose in Europe early today but traders said it was level ing off from the sharp rise The dollar also powered further ahead in Tokyo today in what was described as extremely heavy trad ing Profit taking curbed its rise and the central Bank of Japan intervened as it slipped below 127 Japanese yen traders said The dollar closed in To kyo at 12713 up from rate of 12480 yen The impact of the rising dollar was felt acutely on Wall Street where the Dow Jones average of 30 industrial stocks gained 1625 points yesterday to 203150 a net gain of 9267 points or 47 percent for the first two trading days of 1988 The market leveled off in early trading today slipping back 116 to 203034 in the first half hour The strength also helped the bond market where the price of the 30 year Treasury bond rose about point or $750 per $1000 in face amount Its yield which moves in versely to price and often heralds the direction of other interest rates fell to 886 percent from 893 percent late Monday The magnitude of the central purchases was not disclosed but they have vast resources to tap Analysts Skeptical About Dollar Rebound Banks Had A Depressing Year In 1987 WASHINGTON (AP) More banks failed in 1987 than in any year since the Great Depression and prospects appear only a little better for this year a federal regulator says The ederal Deposit Insurance Corp reported yesterday that 184 commercial banks closed their doors last year An additional 19 institu tions would have gone under without assistance from the insur ance fund More than half the failures 95 came in three energy dependent states that have been plagued by tu mult in the oil markets ifty banks closed in Texas 31 in Oklaho ma and 14 in Louisiana ifteen of the assistance transactions were in those states current hope would be that next year would be a little better in terms of bank DIC Chair man William Seidman said it is be by a small margin Much will depend on what happens in the energy producing very pessimistic about the whole said Paul Getman senior financial economist with the Wefa Group a Bala Cynwyd Pa forecasting firm He said low oil prices combined with the continued slump in commercial real estate means still a lot of cause for concern for many banks and thrifts across the ailures of banks making primar ily farm loans eased from 59 in 1986 to 55 last year and Seidman said he expected perhaps a 25 percent im provement in that area this year Bank Board Chairman Danny Wall has pledged to close merge or otherwise resolve more than 50 trou bled thrifts this year COLD Continued rom Page A 10000 persons awoke in New York City shelters alone In Chicago the eerie beauty of billowing clouds of steam rising into the chilly air above Lake Michigan gave evidence of the cold The tem perature was a numbing 11 degrees below zero at daybreak and never went above zero The normally busy down town sidewalks were almost desert ed tables were easily available at popular restaurants department stores were like ghost towns and high rise construction projects were idle as Windy City residents heeded warnings of perilous weather The brutal minus 54 degree wind chill was capable of freezing exposed skin in minutes At least three Chicago deaths have been blamed on the cold In the West new snow was scat tered across the central Rockies and the high Plains At the West Yellow stone Chamber of Commerce in Mon tana secretary Naomi Soli insisted that beauty made up for its bite is she said The snow makes the trees and everything look like covered with marshmal HART Continued rom Page A they articulated solutions as only he could best way to pursue these ideas and the best person to pursue them in office was me and why I got back in the he said were bigger ideas broader I say better that would be too self As he expected his return was greeted with a resumption of ques tions about his sex life and his judg ment Hart and his family have said the slings and arrows of public scru tiny had brought both pain and strength could if one were objective interpret that as a matter of growth and deepening of Hart said As he has done in television news appearances Hart admitted yester day to a fool in the Rice episode cited his apologies for it and asked to be judged across the breadth of his record since entering politics as manager of George Mc presidential campaign in 1972 Hart who is now 51 years hold served two terms as a US senator from Colorado and emerged in 1984 as the chief rival to Walter Mondale for the Democratic presidential nom ination With the New Hampshire primary almost a month off Hart is running with few organizational frills In re viving the allegiance of former cam paign workers Hart said he asked them to break commitments they had made to other candidates while he was out of the race but hoped he could share their time wrong with being for two or three he asked not seduction the opposite of Even in most banal campaign talk double entendres force their way into the minds of listeners Hart acknowledged that he is the butt of jokes but said it put him in good company in mind I went for most of my public life being cool and aloof dull and boring issue oriented poli cy wonk to the headliner on Johnny Carson American people know you do 180s like that Look Harry Truman was the butt of jokes ranklin Roosevelt was the butt of jokes Thomas Jefferson was consid ered the most immoral man in If reputation since the Don na Rice story make female voters wary of him 1 can do is make my case and hope that people are fair and he said His wife Lee Hart said many women had written in support of her decision to re enter the race and that they had turned out in force for a recent appearance at a shopping center in Cheyenne Wyo curiosity seekers by and she said Lee Hart described a separation she makes between husband and candidate In response to other media ques tions about whether the prize of the White House is what sustains her in marriage she said never wanted my husband the man I loved and cared for to have the burdens of that But because she believes in him as a candidate she supports his am bitions put aside my own person al desires What we happen to feel very strongly about and enjoy (is) GARO LACHINIANMator Staff JrT LI a hT 4 r'f HB IM Jar Lee Hart watches her husband during an interview yesterday our privacy But I have put aside those Lee Hart said I believed he had something to of What that is by almost any meas ure is the edifice of his ideas Other candidates share many of them But he has notched the pieces together in elegant relationships In campaign appearances Hart frequently pulls out his highlighted 90 page edition of speeches laying out his ideas: mili tary reform engage and strategic investments Military reform Hart wants to change military doctrine from a strategy of attrition of winning by dint of superior numbers and fire power to one of war in which quickness and train ing enable smaller lighter armed forces to outsmart a greater enemy force Hart believes the shift in doctrine would achieve better military pre paredness for less money neatly ac commodating his en proposals for changing American foreign policy Hart argues that the United States is entering a new era where the independence of the Third World from colonialism the dispersion of power among several regions and the emergence of an international economy suggest that the United States can no longer work its will unilaterally in the world He would shape a new role from a more equal partner with American allies and a new understanding of the Soviet Union Hart envisions the United States and the Soviet Union realizing that the can no longer fi nance military competition and sweeping domestic changes at the same time By reckoning Soviet pre mier Mikhail Gorbachev knows that already in seeking to reform his economy and pursue arms control Hart wants to be the first American president to reach the same conclu sion and press Gorbachev for deeper cuts in nuclear weapons to him and raise If assessment of the two powers suggests a moral equiva lence like competing corporate hon chos making an arrangement he says because he refuses to about the difference between democracy and communism traditional politics the good guys the bad guys blah blah blah I can give that speech as well as George Bush or anyone He says worth a try to see if the two powers can find a mutual in terest in guaranteeing safe passage through the Persian Gulf thwarting the proliferation of nuclear capabil ity to other countries improving nu clear power safety doing scientific research Gorbachev Since traveling in the Soviet Union and meeting with Gorbachev last year Hart has praised him in campaign speeches as a shrewd innovator a bearer of for the Soviets in short kind of leader He was also impressed with mas tery of political stroking Gorbachev had asked opin ion in their conversation and invited his daughter to spend a month in the Soviet Union as his guest indicated something to me about how smart he Hart said a footnote to how smart he is he knew what my daughter was study ing in college had her sit in on a meeting and called her by her first name That tells me volumes about this Hart believes it lies in interest for Gorbachev to succeed in opening however slightly Soviet so ciety and its economy hard liners say let him do it because it makes Russia I say encourage him to do We are not going to bankrupt the Soviet Union by a nu clear arms race however romantic that may appear not going to But if the Soviet Union or its cli ent states set up foreign military bases or export communist revolu tion in the Western Hemisphere Hart said tolerate Using military force Before committing American military force against such aggression however Hart would require a full accounting of the objectives and the costs in money and human life Ultimately the American people must support the action These tests are lesson from the Vietnam War found bitterly in Vietnam that when sons start com ing back in body bags when the people start saying a min and when political lead ers start lying to But in an emergency Hart said he have time to seek popu lar consensus an airliner gets hi jacked if an embassy gets taken over would I have the Delta orces up in Guam? Of course I Domestic Spending Defense cuts and greater contributions by al lies would free up money to cure the budget deficit and to invest in educa tion infrastructure job training re search and other needs at home Hart wants to spend $20 billion to $30 billion in these areas over the next five years To raise the money he offered rough estimates of where it would come from Slapping a fee on import ed oil would raise the price of gaso line as much as 4 cents a gallon for an estimated return of $15 billion Lifting the top income tax bracket from an average of 28 percent to 33 percent on upper levels of income would reap as much as $14 billion a year Taxing yachts furs jewelry and other luxury items as high as 10 percent would yield about $15 billion a year To make further gains against the The Services a lot of in our Business and Professional Service Directory As in accounting building flooring landscap ing moving printing and roofing So the next time you are needing CONCORD (J) MONITOR deficit Hart is considering new taxes on capital gains at death on Social Security and Medicare for rich peo ple on cigarettes and liquor and a 1 percent increase in corporate taxes Supplementing these details Hart has dusted off legislation from his days in the Senate to submit as trade and education bills his way of saying ready not only have an agenda I have reduced it to legis lative form I am prepared to gov If he does White House politics would change but just how is uncer tain Hart has always disdained traditional attributes of a politician backslapping smoke filled room maneuvering So do many other current members of the the Senate he said you want to compare me with Senator oghorn of course different but so is my He prefers what he calls art of which he defines as anticipating problems and bringing best to bear on them I like is the constant attention on campaigning on polls on raising money on endorsements on the tactics of campaigning in poli tics and getting into he said just dislike answering questions about how well going to do in Iowa or New Hampshire It bores me to tears because frankly the people Before resuming his candidacy Hart tried spreading his ideas in speeches to university students Most of the questions were about Gorba chev the Persian Gulf something he had said but rarely about Donna Rice In follow up press conferences the stock question to Hart would be was he surprised that no one had asked about his personal life And for that Hart has another speech about how the news media makes trivial the task of choosing political leaders In this campaign he said not going to waste a lot of time with newsmagazine journalists that quote me correctly say things out of context or hype the story or violate confidences or break agreements just too old for He has chosen to face the ques tions about his morals and his judg ment on the major television news shows instead Just before the Donna Rice story broke Hart had invited reporters to follow him around promising be bored by it Now that been done he seems to be saying that all the ground from his childhood in Ot tawa Kan to the bushes outside his Washington townhouse has been well trampled been profiled to.