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2The Daily Tar Heel Thursday, April 17,
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By DONNA LEINWAND
Statl Writer
Former United Nations chief Kurt
Waldheim probably knew of Nazi war
crimes being committed in Yugoslavia
and Greece during World War 11. said
the chairman of UNC's Curriculum in
Peace. War and Defense.
"The case is an involved one." said
James R. Leutze, who met Waldheim
at UNC in 1983. "He was not totally
candid about his World War 11
experiences.
"His lack of candor in telling where
he was and allowing the impression of
not participating in the war after being
discharged from the Russian front
undermines his credibility. (Not saying
anthing) was an act of omission."
Waldheim, who was a visiting pro
Competes may aM
By LISA ALLEN
Staff Writer
The use of personal computers for
the buying and selling of stocks during
hours when stock markets are normally
closed may become a reality in the near
future, according to Kalman J. Cohen,
a professor at Duke's Fuqua School of
Business.
"There is a great demand for trading
stocks when the markets are closed,"
Cohen said. "Ever since the home
computer became the hottest ticket on
the current scene, observers have been
predicting that it would revolutionize
stock trading."
In a book entitled, "The Microstruc
ture of Securities Markets," Cohen,
Steven F. Maier (also of the Fuqua
School), Robert A. Schwartz of New
York University and David K. Whit
comb of Rutgers University discuss
major changes in the securities market
in the past decade.
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facilities to cut down those late night trips
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ACCOMMODATIONS STILL
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"THE
Granville Towers
1986
fessor at UNC in 1983, served as
secretarv-general of the United Nations
from 1972 to 1981. He has been linked
to German army massacres of Jews in
Greece and Yugoslavia in 1942.
Leutze said there were three kinds of
crimes for which German war criminals
were tried and punished: planning and
waging aggressive war, crimes against
humanity such as genocide and war
crimes such as shooting prisoners of war
and civilians without justification or
cause. He said there was no significant
evidence that Waldheim had committed
any war crimes.
"Waldheim has said he didn't know
there were war crimes going on," said
Leutze, who has been corresponding
with Waldheim and plans to meet him
, Cohen said computer technology
would make it possible to create an
international stock exchange of several
electronically-linked trading floors
across the globe.
"Right now, there is no such thing
as an international stock market," he
said. "Most stocks are traded princi
pally on their home exchange and are
held largely by their own nationals."
An international market would allow
for instantaneous trading, 24 hours a
day, according to Cohen.
Personal computer owners can
already link up with data bases, such
as the Dow Jones NewsRetrival, for
a fee and get valuable financial infor
mation and stock quotations.
Mark Cantrell, an account executive
with E.F. Hutton and Company, Inc.,
of Chapel Hill, said that E.F. Hutton
offers a program through which a client
can tie in on a home computer with
the firm for stock information, he said.
But Cantrell feels that the average
investor doesn't have enough time or
knowledge to play the stock market on
his own.
"If they have the time to do all their
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PLACE TO BE AT UNC"
at University Square
in Vienna this summer. "Evidence infers
that he did know. No one was ever tried
for knowing something. Kurt Wald
heim has hurt himself in not being
forthcoming."
Waldheim is running for the presid
ency of Austria and says the allegation
that he was a Nazi is a smear tactic
by his opposition. Leutze said he
believed the Austrian would win the
election in Austria because the people
have forgiven him.
"Kurt Waldheim has led an exem
plary life since then," he said.
Dr. Gerhard L. Weinberg, a Kenan
professor of history and the first
director of a program to microfilm
German records, said no one has fully
investigated Waldheim's role in the
in tadMg off stock
own research and make their own picks,
that's fine," Cantrell said, "but it's my
experience that without the advice,
they'll lose."
Brokers earn a commission for any
aid they give to clients, and both brokers
and discount brokers are financially
responsible for any purchases they
make on behalf of a client.
"I charge a fee for anything I do,"
Cantrell said, "because it's my job."
Jim Brown, manager of Carolina
Biological Supply Company, a compu
ter store in Burlington, said that right
now computer data base services were
a good idea only for people with large
stock holdings.
"At 15 dollars an hour, you eat away
all your profits on some of those on
line services," Brown said.
Brown said that he didn't see a time
Ho.iuise opposes Contra aid plan
Associated Press
WASHINGTON The House
voted Wednesday to kill President
Reagan's program to provide $100
million in aid to anti-Nicaraguan rebels
942-3356
929-7143
caimdloF
Balkans. He said Waldheim claims he
was in Vienna studying law at the time
of the massacres in Greece and
Yugoslavia.
"Since we know that in 1947 the
government of Yugoslavia asked for
extradition of Waldheim, they must
have had some documents, Weinberg
said.
"... the very fact that the Yugos
lavians knew of him must mean that
at that time there were some captured
documents either from the puppet
government of Croatia or from
Germany."
Weinberg said it was possible that
these documents no longer exist, but
there may be information pertaining to
Waldheim in other German records.
when personal computers would allow
individuals to bypass brokers com
pletely and deal directly with the stock
market.
"The stock market isn't for the
average computer user," he said. "Many
people just couldn't handle it. They
don't have the time, the money or the
interest. It's more of a hobby."
Ralph Mason, associate chairman of
the UNC Computer Science depart
ment, said computerized stock trading
was a lot like home banking.
"In the 60s, 1 wrote a dissertation on
electrical banking," Mason said, "and
now, 20 years later, it's becoming a
reality."
Computerized stock trading, Mason
said, is ". . . new and different. Probably
in five years, youH have to do stock
trading by computer.
"It's coming."
as Democrats opposed to the plan were
joined in a parliamentary move by
Republican supporters of the White
House.
The surprising vote of 361-66 left the
fight in the Democratic-controlled
House over the contra aid plan in
disarray. On the vote, 184 Democrats
were joined by 177 Republicans. Only
one Republican voted against the
maneuver.
The vote came on a motion by Rep.
Lee Hamilton, D-Ind., to replace
Reagan's program with $27 million in
aid for Central American refugees and
another $2 million to help the so-called
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Irish woman freed after 8 day
kidnapping; 3 suspects arrested
Associated Press
DUBLIN, Ireland Police freed
kidnapped socialite Jennifer Guin
ness unharmed early Wednesday
from a house they had surrounded
in Dublin, and arrested three men
suspected of holding her captive for
eight days.
Guinness, 48, who said she was
treated well during her captivity, was
freed after a five-hour siege that
ended about 6:30 a.m. (12:30 EST).
Guinness, wife of merchant
banker John Guinness, was
abducted by three gunmen from her
home in a Dublin suburb of Howth
on April 8.
The gunmen told Guinness they
wanted a ransom of 2 million pounds
($2.6 million) for his wife's return.
Ireland forbids ransom payments,
saying they only encourage kid
nappers. However, there have been
unconfirmed reports of payments in
previous kidnappings.
Stalin's granddaughter returns
SAFFRON WALDEN, England
The 14-year-old American-born
granddaughter of Josef Stalin
returned to her Quaker school
Wednesday, tearfully embracing
teachers and classmates and saying
her mother was sorry she made her
Atkins uses telephone answering
machine to voice campaign issues
By KAREN McMANIS
Staff Writer
Graham councilman Walt Atkins, a
Democratic candidate for the U.S.
Contadora Latin nations who are trying
to negotiate an end to the fighting.
Republicans were angry that they had
been denied a chance to vote on the
aid issue separately. Democrats had tied
it to an unrelated spending bill.
The vote was the first of several
scheduled on various amendments that
would alter Reagan's plan to provide
$100 million to the U.S.-backed Contra
guerrillas fighting Nicaragua's leftist
government.
For the fteeord
In an article that appeared in Tues
day's paper, "State considered for .$6
billion project," The Daily Tar Heel
incorrectly reported that the proposed
superconducting supereollider would
accelerate particles to 180,000 mph. The
supercollider will actually accelerate
particles to 180,000 miles per second,
approximately the speed of light.
Also, the name of Johnathan B.
Howes, director of the Center for Urban
and Regional Studies, should have read
Jonathan B. Howes.
The Daily Tar Heel regrets the errors.
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Stato Ci National
move to the Soviet Union.
Olga Peters left the boarding
school in October 1984 when her
mother, Svetlana Alliluyeva,
abruptly left her home in Cambridge
and took Miss Peters to the Soviet
Union.
Life in the nation her grandfather
ruled for 29 years was strange for
a girl raised in the United States, and
from the outset she wanted to return
to the school and friends she knew,
Peters said.
But in general, she added, "It was
a great experience and I don't regret
any of it. . . . It's not every kid that
gets to see three different countries
three of the most important
countries in the world."
Alliluyeva, who uses her mother's
last name, moved to Britain from the
United States after divorcing archi
tect William Wesley Peters in 1973.
She took her daughter to the Soviet
Union in October 1984, saying she
had never been happy in the West
and had been hounded by U.S.
intelligence agents. She also said she
wanted to be close to her two grown
children from previous marriages.
Senate, calls his latest campaign stra
tegy "an innovative way to inform the
voters of current issues and my attti
tudes on them."
Atkins' strategy involves using his
telephone answering machine to create
a "Dial-A-Senator" telephone line. The
line, which began three weeks ago,
features daily taped messages from
Atkins on such issues as, "What we can
do about acid rain?" "What is the
federal government's role in education?"
and "What is the number one economic
issue facing North Carolina?"
Atkins said he adopted the idea as
a result of his former job in N.C. State
University's sports information depart
ment. "Writers and broadcasters like to get
a fresh commentary from our coaches
daily," he said.
Atkins said it was not possible to
determine how many calls are received
daily by his service but he said that as
many as seven callers a day left pertinent
questions and opinions on the machine.
Atkins said that as far as he knew
his idea was totally new to the political
' campaiihgrar-
"No one Has been able to show me
that I'm copying, and several o$ the
other candidates have mentioned the
innovativeness of my idea," he said.
Atkins is one of 10 Democratic
candiates vying for the party nomina
tion for the Senate seat held by
Republican Sen. John East, who is
retiring.
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