Detroit Free Press from Detroit, Michigan on October 14, 1988 · Page 3
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Detroit Free Press from Detroit, Michigan · Page 3

Detroit, Michigan
Issue Date:
Friday, October 14, 1988
Page 3
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T ewwuw .jc-ir? urfy Mitq''fTrfjryryr'S.? " " '" -Vt-fiTrt tta azzy Sites Free Press Marathon '88 Kuma Reinstated Probert walks out of Ford clinic Sports, IF ZtetaY cMs keep the music alive Weekend, ID 5-page report on the 26-mile international event Section 1C Y 'V. X iTttro.TTxniTi- mim 'tlwiailf f t V- :-Vj flETRO Partly cloudy. High 63, low 44. Saturday: Partly cloudy Details, Page 2A X yyrry ?n-ti -t?r irst of menca to increase city loans by David Everett Free Press Staff Writer First of America-Southeast Michigan announced a three-year, $69 million program Thursday that it said will increase its lending in Detroit by at least 25 percent. The program, negotiated with a coalition of local labor, religious and civil rights groups, calls for the bank to make the $69 million in Detroit loans by the end of 1991. The coalition immediately announced it supports the program and will withdraw its challenge of a First of America expansion plan if state banking officials accept the loan program, which is aimed at improving home mortgage, business and development lending. "I think this sends a message to the other banks," said coalition leader Bernard Parker. "It proves that through discussions with the coalition, we can work together to come up with levels of lending that are needed in the city." Bank Chairman David Harrison complimented the coalition. "We think it's good business to be supportive of the communities in which we do business." The plan by First of America-Southeast Michigan, Detroit's seventh-largest bank, is the second such program unveiled by major local financial institutions in the controversy over lender support for the city. Comerica, the city's second-largest bank, said in August it plans $280 million in Detroit loans through 1990, or an increase of about $50 million a year. Through negotiations with the city's five other large banking companies, the Ad Hoc Coalition on Fair Banking Practices in Detroit hopes to get pledges for $1.15 billion in bank loans for Detroit over the next three years: The coalition, which includes leaders of the Detroit NAACP and the UAW, was formed after a series of Free Press articles in July examining lending practices in the city. The group threatened to challenge bank expansion plans' hold demonstrations and See LOANS, Page 15A IfcU,-. V't-jfe: -USA. ifc-, v ,- COMING SUNDAY: cciiEGE Guide The third annual edition of the Free Press' award-winning Michigan College Guide is a valuable collection of information on 46 four-year colleges and universities in the state. It offers extensive profiles of the 35 largest schools, as well as sketches of 1 1 small colleges and key facts about 37 two-year and community colleges. With reports on admissions, ! financial aid and preparing for j college, it's an important tool for Michigan high school students ; and their parents in planning for their educational , futures. " WhT Dukakis, Bush face off UPI and AP LOS ANGELES Vice-President George Bush laid his lead on the line Thursday in his second and last scheduled debate with Gov. Michael Dukakis, hoping to avoid a gaffe that could give his Democratic rival momentum in the campaign's last four weeks. Bush, the Republican presidential candidate, met the Massachusetts governor in the nationally broadcast 90-minute debate that began at 6 p.m. PDT, 9 p.m. Detroit time, in Historic Vote i- i t t. -" A ' ' i i a 1 rri 1 ItllWiliill A state committee voted Thursday to place Tiger Stadium the National Register of Historic Places, a Coleman Young from using federal money to replace the ballpark. Fan club pitches shutout in fight to save stadium BY BILL MCGRAW Free Press Staff Writer LANSING Tiger Stadium gained another fan Thursday Uncle Sam. Despite the objections of a City of Detroit official, a state panel voted unanimously to place the stadium on the National Register of Historic Places, a protection that could prevent Mayor Coleman Young from using federal funds to replace the ballpark. The vote by the State Historic Egyptian author wins By Bob McKelvey Free Press Book Editor A 77-year-old Egyptian novelist who is virtually unknown to most English-speaking readers has been awarded the 1988 Nobel Prize foi literature. Most of the world's literati were caught off guard by the announcement, including the winner of the $390,000 prize himself, Naguib Mahfouz. "I had no idea I was even nominated to win it," Mahfouz said Thursday in Cairo. "I am haprr, extremely happy, for myself and forwab literature." ifiree ( Pauley Pavilion on the UCLA campus. Bush entered the debate leading Dukakis by as few as one to three percentage points or as many as five to seven points in recent national polls. But Bush appeared to hold a much larger lead for the electoral votes that will decide the election, a survey released Wednesday showed. A Washington Post-ABC state-by-state survey of 10,000 likely voters said Bush led solidly in 21 states, including Michigan, with a total of 220 electoral votes just 50 short of h'ji r " ' - J " t Ol.J! Al XT Preservation Review Board assures the national designation and was an important strategic victory for the Tiger Stadium Fan Club, which submitted the application this year as part of its effort to preserve the city-owned stadium. In a statement to the review board supporting the application, Fan Club member Mike Gruber said: "I'd be hard pressed to name any public building in Detroit that has played a memorable role in more people's lives than has the ball park at Michi- The 18-member Swedish Academy, which made the announcement in Stockholm, called Mahfouz's works "rich in nuance now clear-sightedly realistic, now evocatively ambiguous." Described as a self-effacing man who haunts Cairo's coffeehouses, Mahfouz has been writing for half a century. His wide-ranging NaguiM Mahfouz DEBATE '88: Bflii inn ityuiw T 11 if IP F in final debate before the election the total needed to win. Dukakis was firmly ahead in only three states with 30 electoral votes. The survey was conducted over a three-week period beginning Sept. 21. The debate format was the same as during the candidates' first face-off Sept. 25 in Winston-Salem, N.C. two minutes to respond to a question from the moderator or one of the three journalists on the panel; one minute for his opponent's rebuttal, and two-minute closing statements by each. r r it it j in ; , ; . ?v " .. 1 T)nw!nna. nf Unliwli. Vlnnno o Photostory, Page 14. Hi 'd be hard pressed to name any public I building in Detroit that has played a memorable role in more people's livesjy Mike Gruber, Tiger Stadium Fan Club gan and Trumbull." After the vote, Fan Club member Bob Buchta said: "We're thrilled." Added Gruber: "It blocks one of the city's exits and it opens up the avenue for all sorts of court proceedings." Thomas Walters, of the city's Community and Economic Develop Nobel Prize novels take readers from the splendors of the ancient pharaohs to the cluttered alleys of modern Cairo. Although centered on Arabic culture, Mahfouz's work has universal application, the academy said in its announcement. "His work speaks to us all," it said. Mahfouz, whose work once was banned in his own country, is the first Arabic-language writer to win the award. Mahfouz frequently espouses unpopular causes. His 1967 novel, "Mira-mar," attacked the pan-Arabic policies See NOBElJPRIZE, Page 14A The debate scenery, a red-carpeted stage with a blue backdrop and oak lecterns, was the one used in the first Bush-Dukakis debate and again in the vice-presidential debate in Omaha, Neb. The panelists were moderator Bernard Shaw of Cable News Network, Andrea Mitchell of NBC, Ann Compton of ABC and Margaret Warner of Newsweek magazine. Up to 100 million people were expected to watch. The debate, taking place in per U " . ' i , ' JOHN A. STANODetrolt Free Press nvntoyitinn 4af mi1f1 nroironi Mavnr protection that could prevent Mayor ment Department, handed the review board a letter of protest that said the city needed more time to evaluate the ramifications of the historic designation. Walters said the designation appears to limit the city's options in See TIGER STADIUM, Page 14A Ann Landers 2E Bridge 12F Business 6C Classified Ads 12C, 4E Comics 12F Crossword Puzzle 13F Dateline Michigan 13D Death Notices UC Editorials 12A Entertainment ID Feature Page 7E Greater Detroit 4A Health & Fitness 3E Horoscope 12F r Friday October 14, 1988 For home delivery call 222-6500 20 cents haps the most critical toss-up state in the country, with 47 electoral votes, occurred as Bush's lead over Dukakis appeared to have narrowed some in recent days particularly since last week's vice-presidential debate between Democratic Sen. Lloyd Bent-sen of Texas, who polls show won big, and Republican Sen. Dan Quayle of Indiana, who polls show is hurting Bush. See DEBATE, Page 10A Grand Prix to remain downtown, Young says Mayor steers away from Belle Isle plan BY LORI MATHEWS Free Press Staff Writer Under public and political pressure, Mayor Coleman Young reversed gears Thursday and announced that the Detroit Grand Prix will continue to roar through downtown Detroit instead of moving to Belle Isle. In a terse statement issued late in the afternoon, Young said: "After months of review and discussion with Detroit Renaissance, the Formula One Constructors Association and others, we have concluded it will be possible to run the Detroit Grand Prix on the downtown circuit next year." Young also said the race is expected to remain downtown "in the ensuing years." The statement did not elaborate on the factors in Young's decision. "The state Coleman Young ment really speaks for itself," said Bob Berg, the mayor's press secretary. "The mayor; has said all along that his preference would be to run the Grand Prix down-! town." r 1 Young's statement came a day after; the City Council passed an ordinance; that would require the mayor to seekj council permission to move the auto' race to Belle Isle. But Berg said the! mayor's decision "had nothing to doi with the council vote." ;; ; : t Last June, two days before thej seventh Grand Prix was run down-', See GRAND PRIX, Page 1 4A t ? Jumble 5E Movie Guide 20 Names & Faces 14F Obituaries 9A Sports IF Stock Markets 9B Television 11D The Way We Live IE Volume 158, Number 159 1988, Detroit Free Press Thursday 464 and 0806 Lotto jackpot $6 million

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