Ironwood Daily Globe from Ironwood, Michigan on September 1, 1998 · Page 1
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September 1, 1998

Ironwood Daily Globe from Ironwood, Michigan · Page 1

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Tuesday, September 1, 1998
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Tuesday Sept 1, 1998 5O Cents Ironwcod, Mich. Aa»«riil«d Pnm Fhoto President Bill Clinton takes part in a wreath layjng ceremony at the Tomb of the Unknown Soldier outside the Kremlin. At Moscow Clinton offers support, but no funding By BARRY SCHWEID AP Diplomatic Writer MOSCOW (AP) — With a message of support but no financial help, President Clinton urged Russians today to "reject the fkiled policies of the past" in coping with'their current economic crisis. "*Giveii the facto* before you, I have to tell you that I do not believe there are any painless solutions," Clinton told a new generation of Russian leaders at Moscow State University of International Relations. He repeatedly said that Russia must "play by the rules" of international commerce. Clinton met earlier with Russian President Boris Yeltsin in the first session of a two-day summit unlikely to deliver ' sweeping agreements from the politically wounded presidents. Despite the poor outlook, Yeltsin declared just before meeting with Clinton that "Russian- American relations are developing successfully." He greeted Clinton with a bear hug and handshake in the Kremlin's pres- Bill provides funds to save redwoods SACRAMENTO, Calif. (AP) — The world's largest privately owned stand of ancient redwoods will be transformed into a public preserve now that lawmakers < have agreed on a bill that ends 12 years of negotiations. The $245 million bill, which passed early today, provides the last of the money needed to buy the 7,500-acre Headwaters Forest, though environmentalists and the timber industry remained sharply at odds over the deal. . Gov. Pete Wilson said he will sign the bill into law. The agreement represents the last, best hope to save the Head- THE NEW! Is Moving to Hurley, WI (formerly NAPA) Located on ILS. 51 (2nd Aw. South) Under New Management General Manager-John Smith Service Manager—Craig Doney With CVwi Better S«rvJc* For All Mod*ltofATVx,Motort and Snowmobiles! Dow up, dowri, up again Market on a ride NEW YORK (AP) — A jittery Wall Street tried today to come back from Monday's rout, which knocked 512 points off the Dow industrials and more than wiped out this year's gains. In a day of wide swings, the Dow Jones industrial average first shot up 143.41 points in an early bid at a rebound, then tumbled to a loss of 138.77, only to begin' rising again. It was up 121.26 at 7.660.33 by late morning. Broader indicators also were rising, including the technology- heavy Nasdaq composite index, which plunged a record 140.43 on Monday. For the Dow, Monday's 6.4 percent plunge was the second-biggest point drop ever for Wall Street's best-known indicator. Only the Oct 27, 1997, deluge of 554.26 points was larger. But it was only the 25th largest per- Manufacturing slows NEW YORK (AP) — The nation's manufacturing sector slowed in August for the third month in a row, although a key gauge of future economic activity rose 0.4 percent in July. The National Association of Purchasing Management reported today its monthly index of business activity stood at 49.4 percent in August, a slight increase from the previous month but still a sign of a slower manufacturing economy. A reading below 50 is a sign of a contraction in the economy's industrial sector. The overall economy, meanwhile, grew for the 88th straight month, according to the NAPM survey. idential study. With Russia's economic turmoil throwing the summit into uncertainty, Clinton addressed the crisis with frankness, but offered no specific ideas on how the infant democracy could weather the tailspin of ita currency. "I do not believe it is by reverting to the failed politic* of the past, I do not'believe it is by stopping the reform process in midstream," he told students: "I believe you will create the conditions of growth if — but only if — you continue to move decisively along the path of democratic, market-oriented constructive revolution." Clinton traced America's own two centuries of democracy and said "the road has not always been easy," referring to the Civil War, Great Depression and two world wars. The first agreement to trickle out of the Clinton-Yeltsin meetings was a joint pledge to eliminate some stockpiles of plutonium taken from dismantled missile warheads. (See — LAWMAKER, pajre 3) waters," said John A. Campbell, president of the company that owns the land, Pacific Lumber Co. The pristine property is about 280 miles north of San Francisco. "It's extortion!" a protester screamed from, the Senate gallery moments after the bill .passed. Activists have protested the deal by climbing Golden Gate Bridge, and one woman has spent several months camped out atop one tree, 18 stories high. Opponents argued that the deal saved only a small portion of the redwoods and sacrificed too much for timber. Motorcyclist hurt in mishap DULUTH, Minn. — A Wakefield man ia in "fair" condition in the neuroscience intensive care unit at St. Mary's Hospital, Duluth, following an accident Monday when the motorcycle he was' driving struck a deer. Darrell K. Kahila, 43, 108 Lepisto, Wakefield, was taken to Grand View Hospital about 12:30 p.m. and was later transported to St. Mary's. He was eastbound on M-28, near Crusher Road, Wakefield, when the deer ran into his path. The motorcycle had minor damage, but was not dnveable. centage drop and well behind the 22.6 percent collapse of "Black Monday," when it fell 508 points on Oct. 19,1987. The selloff Monday, a drop of 512.61 to 7,539.07, left the Dow down 19.3 percent from its July 17 record high of 9,337.97 and 4.7 percent below where it began the year. The selling spree, which accelerated in the final hour of Monday's session, brought Wall Street plunging toward its first bear market since 1990. A bear market is defined as a drop of 20 percent from the high. President Clinton added his voice to efforts to restore calm to shaken markets. "We believe our fundamental economic policy is •sound," he said in Russia today, echoing comments Monday by Treasury Secretary Robert Rubin. Stock markets in Asia and Europe gave more ground today in the aftermath of Monday's slide on Wall Street. But Japan's stock market closed sharply higher and European markets were cutting their losses by this afternoon. In London, the Financial Times-Stock Exchange 100-sharc index was off by 1.8 percent after being down by 3.3 percent. In Paris, the CAC 40 index, once down 3.7 perce'nt, was off 1,2 percent in afternoon trading. Analysts said they were concerned, further declines may scare awny investors — and drive down share prices even further over the short term. In Russia, where the most recent round,of selling began, trading in the ruble was suspended for a fifth day, helping drive down Russian stocks even further. 2 planes collide; 2 dead EAU CLAIRE, Wi*. (AP) — Two airplanes collided in flight near the Chippewa Valley Regional Airport and crashed, lulling two people, authorities said. Mark Briski, public information officer for the township fire department, said two deaths were confirmed in Monday night's crash. It appears at this point it was just one person in each plane," Brisk! said as officers searched with flashlights overnight "making sure there are no other people who aren't accounted for." : The Eau Claire County Sheriffs Department said this morning that n6 evidence of any other victims had been found. The two planes, one a single-en- gine craft and the other believed to be a twin-engine, most likely crashed head-on, he said. Identifying numbers had been found on one of the severely damaged planes, Briski said, but the victims' identities were not available. He also said he could not yet confirm where the flights originated. The two planes came down in th* town of Seymour, about a half mile apart, he said. Firefighters responded to calls from residents who reported seeing debris hit the ground and start several brush fires. Witnesses told WAXX-WAYY radio that the two planes came together, caught fire and plummeted to the ground. Black smoke billowed from the cradh scene. The planes went down in a cornfield across the road from Barb Kramer-Jarvar's house. She originally thought the plane collision was a clap of thunder, but she noticed there was not a cloud in the sky. "We saw two big fire balls, so I jumped in the car and headed down there without any shoes on to see if anyone was hurt," Jarvar said. "When we got down to where the plane was burning, it just looked like a crumpled mass ofmetal." Several of the 45-year-old woman's neighbors were unable to put out the flames with fire extinguishers. Mno H«ikkil«/D«ily Globe Ge«M •njoy beautiful weather recently at the Gogebic County Park on the south end of Lake Gogebte. Assisted suicide ban in effect LANSING, Mich. (AP) — Michigan's ban on assisted suicide takes effect today, though voters in Dr. Jack Kevorkian's home state could repeal it when they head to the polls in two moiths. Gov. John Engler signed the assisted suicide ban into law in July. The law makes assisting in a suicide a felony punishable by up to five years in prison and a $10,000 fine. However, a proposal on the Nov.' 3 ballot would legalize physician-assisted suicide and automatically repeal the ban. Kevorkian, who has acknowledged attending more than 100 deaths, said he won't change his practice, no' matter what law is on the books. - Politicians "don't do what's good for the people, so I don't think about it," Kevorkian said from his suburban Detroit home Monday. "They're just there for their self-interest." Michigan authorities have repeatedly failed to convict the 70- year-old retired pathologist of any crime in connection with the deaths. Detroit Cardinal Adam Maida has sent letters to more than 800 priests, calling for a get-out-the- vote campaign. "We could see the head of the guy in the plane, but at that point it didn't even look like a head anymore," she said. "It was just too late by the time we got to the plane. There's no way anyone could have survived that crash." One resident near the scene said her 6-year-old granddaughter came inside and told her she saw fireworks. When the woman went outdoors, she saw the smoke from the crash. Others told the station they heard a loud bang or saw a flash and then could see smoke and flame and things shooting to the ground. Federal and local investigators planned to look for the cause of • the collision today. 5 busted for drugs By MARGARET LEVRA Globe Staff Writer Several thousands of dollars worth of drugs and drug paraphernalia were confiscated by the Hurley Police Department over the weekend, according to acting chief of police Ed Clemens. Confiscated from three different locations in Hurley was marijuana, mushrooms, crack cocaine, alcohol and drug-related paraphernalia, Clemens said. Five college students between 18-21 years of age, who are living in the Hurley area, were cited foV possession of drugs, Clemens said, and three cited for contributing to the delinquency of minors. State charges are pending on two persons. Fines on these charges total $3,449, he added. The HPD was assisted by the Ironwood Public Safety Department in this two-week investigation. IPSD officer Robert Erspamer and his drug dog, Zack, were instrumental in finding the drugs, Clemens noted. Study: No Gulf nerve gas illness WASHINGTON (AP) — There is no evidence to support the theory that mysteriously ill U.S. soldiers who fought in the Persian Gulf War were exposed to nerve gas, a Senate committee concludes. In a report being released today, the Senate Veterans' Affairs Committee argues that the Pentagon was wrong to conclude that as many as 100,000 soldiers were exposed to chemical weapons. Today Vthlte Pine Drops Girls Hoops Page? Weather Mostly Oloudy More weather, Page 2 Inside Business 6 Comics 12 Community 5 Obituaries 3 Opinion 4 Sports 7,8 Tidbits 11 Wednesday Senior Section

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