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Show ICH cotCloseout‘UnderScrutiny checks at approximately By MARY COONS questioning The at the checks to diffe rent people torney for International Clearing altorneys in and House (ICH) and National Clear ing House (NCH) said he closed out the firm's checking account that he believe the day before it filed for 4 and out of state and to do so the pankruptcy day before the Sept filing he had written He told the court jed at the endof the hear at a trustee would be a p the following day All of these matters were discussed Mr. Turner however well hearing was to takeplace andin g lot bankruptcy and ments the $70,000 in company assets Turner's att Bennett asked Shephard 1 aid he wrote exact figure mentione testifiedith at during a mee the c had with Turner bef¢ were written, Turner iscussedfi deed caused dwney to be disbursed in check form 1 do not place Fowler said of the meeting in a It was brought out during court testimony that the attorney Gerald Turner, wrote the checks toclear the account the day before the troubled investment firms By MARY COONS Herald earner SALT LAKE CIT petitioned for Chapter 11 bankruptcy but after a meeting Russell Bishop. a Provo resi The wherehe discussed the firm's intentionto file the bankruptcypeti tion Ron Bagley, court-appointed trustee for the companies, andhis assistant, William G. Fowler, quizzed Turner extensively about the checkstotaling more than $70,000. ICH and NCH have been the object of news reports and an FBIin- bankruptcy of feasts! Clearing House, National Clea n House, and other subsidiaries vestigation questioning Ragley said the figureis slightly ambiguous because of the complexities of the companies financial dealings. could involve as much as $35 million the dent, who is affiliated with the company, was asked what his deal- ings with ICH and NCH have been Healso was asked howhehad in: volved Utah county residents in the company He replied. That figure is based on evidence that trustees Ron Bagley and Wiliam Fowler have gathered validity of the firms investment scheme which they claimed to provide investors with 8 percent from bank deposit records known at present ‘things can come out in the press, and could prejudice the case. I will have to check with people in Salt Lake When asked who he was going to check with, he said he didn't want to comment Bishopcalled back a short while later, and apologized for not being able to get in touch touch with the. people in Salt Lake Hefurther had nothing to loose 109TH YEAR, NO. 85 PROVO, UTAH, SUNDAY NOVEMBER 8, 1981 Hesaida friend in his LDS ward approached him about investing in the company. He said that his friend wouldhave a “'finder” get in agency would protect his invest ment and that most brokers he has talked to are anti-SEC Hesaid touch with him He said that hedecidedto listen to his friend. “becauseI felt that 1 for the three months before the Sept. 25filing Mabey also said hehad learned a petition to remove Bagley as trustee had been circulating in the courtroom The court does not allow solicitation in the courtroom,” he said mander of NATO, said Saturday that any exchange of nuclear weapons would quickly escalate to allout atomic war Rogers who replaced Secretary of State Alexander Haig as NATO militarychief,also said the increasingly public debate about allied nuclear strategy inerely tells “the other side whatwewill do.” The American NATO chief's comments cameafter two weeks of controversy in Europe over remarks by President Reaganthat he could foresee the possibilityof limited nuclear war. Rogers, a former West Point commandant and armychief of staff, was two-day Western Europe “It doesn't make much sense to me to tell the other side what we will do,” symposium of defense experts on NATO's response to the Soviet military threat “I happen to be one of those who believe that the use of theater nuclear weapons would in fact escalate to the strategic level, and very quickly.” Rogers told a news conference questioner whoaskedif limited nuclear war waspossible. “Our ultimate guarantor,” he said, “is the strategic nuclear force that we havein the West. We mustassure that NATO's strategic nuclear forces can maintain the strategic balanee with the Soviet Union.” The Kansas-born general was asked about Haig’s testimony in Washington this week concerning U.S. contingency plansfor a possible "demonstrative nuclear explosion” if the Warsaw Pact launched a conventional invasion of Rogersreplied. ‘I frankly don’t want to get into a discussion about the options available to me. Reagan's remarks about a the feasilbiltyof a limited nuclear war.and Haig's comments on the possibility of firing a nuclear warning shot havedisturbed NATOallies holding to the notion that anynuclear war is — and must remain — unthinakbleto both sides Rogersalso said he was disturbed by the increasingly strong movement against planned deployment of U.S. Cruise and Pershing medium-range nuclear weaponson the continent. He said such movements, either intentionally or unintentionally, aid Soviet efforts to stop NATO's drive for military security. “We must convey to the East the perception of our collective resolve to reverse the current trend of a continually growing force imbalance,” Rogerssaid later in a formal speech to the symposium “We must above all remain united behind it's (NATO's) two-track decision of December 1979 to modernize NATO's longrange theater nuclear weapons and to pursue arms control negotiations to limit and balance such forces.”” Rogers said the Soviets now have 756 nuclear warheads on SS-20 missiles pointed at Europe, while NATO's reinforcementplanscall for deployment of 572 warheads aimed at Warsaw Pact nations. Soviets Celebrate 64th Anniverstry Secretary of State Alexander Haig so that he has nowhere near the powerheld byhis predecessors, Henry Kissinger and Zbigniew Brzezinski For one thing, Allen no longer briefs Reagan in the Oval Office every morning. Instead, Reagan gets his intelligence and foreign policy reports in written form. Reagan — in trying to end the public bickering — section of The Herald. He writes for the Heritage Foundation Syndicate: national in scope Brookes’ comments on the economic scene should prove of value to Herald readers siruggling with the present economy. It’s on Page54 of today’s Herald Repercussions Felt hasold his foreign policy team he wentsto “‘ensure that these mattersare closed,’’ Aidessaid healsois seeking to makehis foreign policy apparatus work better. But Reagan has been less preoccupied than previous presidents with foreign policy. He has deferred to his top advisers — and this makesthe stakes in the powerstruggleall the bigger. More Records Setting NCAA records is becom ing somewhat of a habit for BYU quarterback Jim McMahon Fielding one of his most productive days in his excellent career, Me, Mahonpassed for 538 yards and ad- ded five more NCAArecordsto his longlist of accomplishments. For the complete story turn to Page 6. and Monday between 55 to 65 with the lows tonight reaching the low 30s. WhereTo Find It Agriculture .. Amusements ; MOSCOW (UPI) — With bright red banners, anti-Reagan floats and an abdundance of flowers and SAM-8 missiles, the Soviet Union celebrated the 64th anniversary of the Bolshevik Revolution Saturday in a parade boycotted by 17 Western ambassadors. Presided over by President Leonind Brezhney, this year's version of the annual parade in Red Square wasas interesting for whatit lacked as for what it stressed There was a definite anti-American themethis year with floats denouncing “the aggressivepolicies of the Reagan Administration,” the neutron warhead and NATO's decision to deploy new missiles in Western Europe Marchers carried bannersized portraits of the Soviet leadership and all the heads of the Warsaw Pact countries except Poland Also missing were 17 Western ambassadors. As theydid last year, U.S envoyArthur Hartman and the ambassadors of all NATO coutries except Greece and Turkey stayed away to protest the continued Soviet occupation of Afghanistan Swedenled a boycott by the four Nor- dic countriesto protest the intrusion of a Soviet spy sub — thought to be armed with nuclear weapons — into militarily restricted Swedish waters. A message from Reagan to Brezhnev congratulated the Soviets and extended wishes “for prosperity and peace New Columnist Warren T. Brookes, a nationally- thereturns in that state's governor race. There will be a recount on Tuesday. Stories are on Page 20. Fair Skies Forecast Fair skies with occassionally northerly winds to 15 miles per hour are forecasted today for Central Utah, Highs today and Monday should reach the mid-60s with the lows tonight dropping to the mid30s. Fair skies are also forecasted for most of Utah with the highs today Crossword . : National-International Obituaries . Opinions . Prime Time Religion .. Sports Today . Travel . Utah--Regional. Youth As always, it was a curious mix of civilian gaiety and military prowess. There were bunchesof balloons, waves of tanks, bouquets of flowers, SAM-8 missile batteries and giggling children. Western military observers said no new weapons were among the 220 pieces of militar hardware on display this year. he anti-American theme of the day was reinforced by Defense Minister Dmitri Ustinov, delivering the traditional Order of the Day speech from atop Lenin’s tomb where the Soviet leadership was gathered “The decision of the NATO bloc to deploy U.S. mediumrange missile nuclear weapons in Western Europe, the unprecedented armsrace, the striving of the reactionary circles to fan crisis situations in different parts of the world tend to undermine the process of detente, cause a serious deterioration in the international political climate and intensify the war threat,”’ Ustinov said “We protest against the aggressiv> policies of the Reagan ad- ministration,” declared a brightlycoloredfloat. Anotherfloat resmebled a neutron warhead. It was labelled “U.S.A” with a big “No’’ written across the top. Last year's parade, immediately after Reagan’s election, lacked such an anti-American emphasis. For ordinary Russians, however, the “is dedicated to and will continue to work for the cause of peace and a con- day was a holiday like the Fourth of structive relationship with the Soviet July and Christmas combined. Children scamperedtothe top of Lenin's tombto Union based on the principles of present flowers and makethe old men restraint and reciprocity Gray skies and a steadydrizzle that who rule the Soviet Union smile. Despite the weather. Moscow was flirted with the notion of becoming snowdid little to dampen the festive bright with red banners and garlands of spirit of the Soviet Union's premier electric lights. In Red Square, the holiday to celebrate the October 25 years 1917 and 1981 were picked out in Revolution — which falls on Nov, 7 un- neon lights against the walls of the der the Georgian calendar now in use. GUM departmentstore ‘The United States,’ Reagan said, Repercussionsstil! are being felt from the election last week, and even Republicans are saying that the Virginia voters showed their unhappiness with Reagan's policies by electing a Democrat for governor. In New Jersey guards are posted around the office building housing Teguyar columnist in the business turn over all of his banking records panies couldn't have offered as high an interest rate attending a Sunday: economic scene, begins today as a Mabey took the case under advisement and ordered Turner to VENICE, Italy (UPI) — Gen. Bernard Rogers, American military com- respect Allen and Allen thinks Haigis trying to take recognized expert and writer on the He said Turner and other ICH- NCH employees were aware of that order Nuclear Exchange $5.50 MONTH — PRICE 50 CENTS be publishing a column on Stories are on Page5. they consider the SEC too restrictive, and that SE monitured com- the trustee could get his arms around the assets NATO Commander CondemnsLimited Reagan’s alleged derogatory view of Haig. Both Haig and the president called Anderson to deny the story While such rumorsoften simmerbeneaththe surface, rarely do they boil up into the open unless there are major changes under way. It is even more extraordinary that Haig had his State Department spokesman confirm reports that he believes a ‘guerrilla campaign” had been waged against him by unknown persons in the White House. Allen denied he was a source of anti-Haig comments and quippeds Bring on the polygraphs.”” But one aide said it is clear Haig ‘does not cae gross receipts tax on the When he was asked about the said that he doesn’t believe the would move into Haig's job and White House if the Intermountain Power Agency pressures the legislature to repeal a The who declined to beidentified counselor Edwin Meese would take over Weinberger’s Pentagonpost. It wasthe last straw for Haig whenheheard from a White House aide that syndicated columnist Jack GovernorScott Matheson, saying Utah contributes more than its fair share to the national defense, is objecting to the state becoming ‘‘a receptacle for all the undesirable projects that citizensof other states object to.’ And the Utah Senate's chief tax writer sayas hewill put up a big fuss judge Ralph Mabey told the parties not to dispose checks on any of the assets until Securities and Exchange Commis: sion monitoring companic he young lady would answer, and get even though Turner is bankruptcy petition, he order Ashby to the phone One Utah Countyinvestor in ICH Ashby several times, WASHINGTON(UPI) — President Reagan hopes he has put an end tofriction amonghis foreign policy advisers — but few Washington observers would bet onit. A reluctant Reagan summonedSecretary of State Alexander Haig and national security adviser RichardAlien to the Oval Office last weekto reprimand them and order them to halt internal feuding. Thelatest flareup — and there have been many — arose from series of leaked reports that Reagan plannedto play “‘musical chairs’ with someofhis top aides, unseating Haig and Allen. Two columnists and a television correspondent indicated Defense Secretary Caspar Weinberger Matheson Objects | charged with knowledgeof the law court that at the filing of the and that a Lake He said he was talked to Reagan Ends Advisers’Friction? over the world.”’ Some White House aides say Haig has more than one person sniping at him. They say each of Reagan’s “‘big three” advisers — Meese, chief of staff James Baker and deputy chief Michael Deaver — has questioned Haig’s judgment. “They think he madepolicy without consulting the White House,’ one aide said. “They've been down on him since the power grab,” he added, referring to the memorandum Haig presented to Reagan on Inauguration Day outlining his recommendations for a foreign policy structure with himself at the top. Meeseandtheothersprevailed in that and other instances, such as seeing that the more amenable Vice President George Bush — and not Haig — got the job as headofthe “‘crisis management” team. Allen's role also has been considerably diminished, not just by Haig but by the “‘big three,”” ha-ha a irust fund. aS an attorney last check that this investor received was on July 10. whenhe was told it was. becauseof a cash flow problem Suggested that the reporter get in touch with a Dayid Ashby in t erala would mer as Fowler said Turner should have stopped ped fp jayment on the checks but the record shows he made no such ase Could Cover $35 Million bankruptcy to pay attorney and ac counting fees Anderson esponsit believe attthe hat ($70.000 was hel S. SALT LAKECITY tha eate Under Herald Correspondent |