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Local Analysts: No Need to Panic About Economy
The odds are against a
recession, professors say,
but students still could have
trouble finding jobs.
By Blake Rosser
The economic turbulence of the stock
market last week concerned some con
sumers, but UNC experts say it’s not
time for the country, or graduating
seniors, to panic.
When the Federal Reserve Board
lowered interest rates last week by a
Chapel Hill will start the Art
Springs to Life Festival with
an April Fools' Day Bash
that starts at 1 p.m. Sunday.
By David Velez
Bands, costumes and a clown will be
on hand to entertain children of all ages
during Sunday’s April Fools’ Day Bash,
an event set to jump-start the second
annual Art Springs to Life Festival.
The April Fools’ Day Bash, slated to
begin at 1 p.m. and last until 4 p.m., will
take place in front of the Franklin Street
post office. The entire festival, which
will be held in the post office’s court
yard area, will be sponsored by the
Chapel Hill Downtown Commission.
This is the first year that an April
Fools’ Day Bash will kick off the festival.
Robert Humphreys, the executive
director of the downtown commission,
said he thinks it will be a good way to
jump-start the monthlong festivities.
“I think it is going to be a lot of fun,” he
said. “There will be something extra for
everyone on a pretty Sunday afternoon.”
The performers on Sunday will
include Kittybox and the Alleycats,
Mesmorythm, Hip Hop Nation,
Playmakers Magic Trunk, Willie the
Clown and saxophonist Parrish
See FESTIVAL, Page 4
Study Finds No Racial
Bias in Jury Verdicts
By Tanner Bond
The results of a recendy released
study call into question the widely held
assumption that juries’ verdicts are
affected by racial biases.
UNC law professors John Conley
and Bill Tumier and Chicago psycholo
gist Mary Rose conducted a study that
found white and black jurors hand down
nearly identical verdicts.
The study lasted nearly two years and
used 600 actual jurors from Wake and
Alamance counties. The jurors passed ver
dicts after watching tapes of staged trials of
vandalism cases that employed lawyers
and a judge as well as other stand-ins.
Vandalism was specifically chosen as
the crime in this study because it is not
closely associated to race nor does it
elicit a strong emotional response.
“The first thing we found was that
there was no knee-jerk bias,” Conley
said, referring to the absence of a direct
relationship in jurors’ minds between
the defendant’s race and their verdict.
A recession is when your neighbor loses his job. A depression is when you lose yours.
half-point in response to a slowing econ
omy, many consumers concerned that
the cut was too conservative pulled out
of the stock market.
But UNC economic and finance pro
fessors say that while the economy is not
as robust as in recent years, the dooms
day projections of some analysts and
politicians are misleading.
“I don’t see it as a sign of (economic)
decline,” said economics Professor
“The Federal Reserve is an organiza
tion designed to stabilize the economy,
and it must have seen something in the
economy which led it to cut the interest
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St. Edward High School senior and UNC recruit Jawad Williams stops short on his drive to the basket at the
McDonald's High School All-American game Wednesday after receiving a blow to the face that broke his nose.
But Tumier said that, despite what
seems to be a lack of bias in the study’s
results, it can not be used to dismiss the
presence of bias in the justice system.
“The study doesn’t definitively estab
lish that there is no bias,” Tumier said.
“One thing it does tell us is that in a low
profile traditional case, people of different
races reach close to identical verdicts.”
When the courtroom was a racially
mixed environment, the jury found the
same percentage of blacks guilty as whites.
Conley said when the defendant was
isolated against a white prosecutor and
white witnesses, the jurors seemed to feel
the situation was unfair. In such situations,
the jury found whites guilty 55 percent of
the time and blacks 35 percent of the time.
Conley attributed the disparity
between the apparent importance of the
defendant’s race taken by itself and that of
its relation to the racial composition of the
courtroom to the idea of racial relativity.
Tumier elaborated, saying when a
black defendant stuck out in a courtroom
See JURY, Page 4
The Gift of Dance
Kaia Parker was killed in August,
but her spirit lives on with a fund
for aspiring dancers. See Page 3
Serving the students and the University community since 1893
“It is something that happens because
the economy is slowing.”
And finance Professor John Pringle
said the odds are against a recession.
“I think the recent changes badly
damaged consumer and business con
fidence,” he said. “I am concerned,
(but) I don’t think there will be a reces
“I think there will be a period of flat
growth in the economy because the
economy is fundamentally sound. The
odds are 60-40 that we will not have a
The professors are in agreement,
however, that UNC seniors could face a
tougher time finding a job than their
UNC Professor Dives Deep in Pacific
By Ann Had
Secrets of the earth’s ancient climate
might soon surface from the ocean floor
to help provide insight into today’s
global warming problem.
This August, 115 scientists, technicians
and crew members from all over the
world will depart from Yokohama, Japan
for a two-month-long ocean drilling
expedition in the west Pacific Ocean.
And Timothy Bralower, UNC pro
fessor and chairman of the Department
of Geological Sciences, will co-chair the
Bralower and two UNC graduate stu
dents will join the international team of 50
scientists and technicians and 65 crew
members in examining sedimentary rocks
that are 50 million to 120 million years old.
Bralower and company will drill the
ancient samples from a large Pacific
Ocean plateau known as Shatsky Rise.
Information from the expedition will be
compiled to create maps depicting the
ancient climates of different ocean basins.
Ultimately, through chemical and
paleontological analyses of the deep-sea
sediment, scientists hope to determine
“I don’t want to
be a pessimist, but
the seniors don’t
face as good of an
seniors in the past
have,” Pringle said.
“The students that
have not done as
well (in school)
might be the ones
“The actual interest rate cut is
a positive for seniors because it
should encourage businesses to
expand somewhat. ”
UNC Economics Professor
that have trouble.”
Conway said he saw both potential
harm and good in the seniors’ futures.
“The economy slowing down could
make it harder to find a job, but not too
As students savor the final weeks of summer vacation, Timothy Bralower, professor and chairman of the geological sciences department will
embark on a two-month-long ocean drilling expedition. Two UNC graduate students will accompany Bralower and the 112 other crew members.
The 470-foot-long Resolution features
a movie theater, gym and library.
SOURCE: TIMOTHY BRALOWER
the climate history of ancient Earth as
well as causes and consequences of
ancient global warming patterns. “These
will be very intense operations,” Bralower
said. “You have to take a whole different
Bralower said the expedition is a
* * t* n
at a historically
low rate,” he said.
“The actual inter
est rate cut is a pos
itive for seniors
because it should
nesses to expand
will keep seniors
on the job market
“But we won’t see the effects of the
policy on hiring decisions for another
couple of months.”
Edward Goode, a senior mathemati-
To Shine Cut Short
By James Giza
Assistant Sports Editor
DURHAM - Worthy. Jamison.
Carter. Rosenbluth. Wallace. Lynch.
Perkins. The list goes on and on.
Jawad Williams wants to throw his
name into the very large hat filled with
the long line of great forwards who have
donned Carolina blue.
One of three high school seniors who
have committed to play for North
Carolina next season, Williams said
after Wednesday night’s McDonald’s
All-American game at Cameron Indoor
Stadium that he)s confident his name
will land safely in that cap.
“I see myself being the next one,”
Williams said. “Not the next Vince
Carter, but the fust
a swollen head. But
the only thing
swollen about the
small forward from
7 see myself being
the next one.
Not the next Vince Carter,
but the first Jawad Williams. ”
High School All-American and UNC Recruit
night’s game was his nose.
Williams, a starter on the game’s
West squad, caught an elbow to the face
from the East’s Dujuan Wagner while
preparing to go up for a layin in the
paint with 6:22 left in the third quarter,
a blow that broke his nose.
He was helped to the bench before
leaving the court with 5:42 remaining in
the quarter but returned to the bench sev
The 115-member crew will spend eight
weeks aboard the Resolution after a
departure from Japan in August The
scientists will be studying what ancient
climates can tell us about today's.
Sediment samples from this / JUMwk
Pacific Ocean plateau will yfl-.-
be used to create maps -/
showing ancient climates of 1
different ocean basins. is}
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“cruise” unlike any other. The members
will work in 12-hour shifts, seven days a
week for eight weeks on a drill ship
named the Resolution. Members will be
able to pass the time on the ship’s movie
theater, gym or library.
Bralower, who has been on three
Like a Lamb
Today: Showers, 68
Saturday: Drizzle, 68
Sunday: Cloudy, 66
Friday, March 30, 2001
cal science major from Greensboro, said
he is relatively unworried about finding
“As long as the economic problems
are not long-term, I’m not really con
cerned about finding a job,” Goode said.
“It’s not like there are less jobs; the
employers just might be a little more
Pringle acknowledged the lack of sta
bility in the job market but said the
effects thus far will be mild.
“The students that work hard and
have done well in school should do fine.”
The University Editor can be reached
eral minutes later, alternately applying a
towel and a bag of ice to his nose for die
rest of the game, won by the West 131-125.
“I wanted to come back in and play,
but the trainer said the best thing for me
was to sit out,” said Williams, who will
have the nose put back in place in about
a week and then see if he needs surgery.
Because of his premature exit,
Williams clocked only 20 minutes of
game time. He finished with 11 points
on 5-of-10 shooting, including l-for-2
from behind the 3-point line, five
rebounds, one block and one turnover.
“He’s a great player,” said East start
ing center David Harrison, whom
Williams has been lobbying to join him
in Chapel Hill all week. “It’s too bad
that he got hurt and didn’t really get a
chance to show
what he can do.”
him from going up
against East for
ward -and N.C.
State recruit -
“I was a little bit
upset about that,”
the 6-5 Hodge said.
“Me and Jawad, we’ve been probably
hanging with each other the most the
whole time we’ve been down here. And
that’s my boy. He’s real cool with me. But
I kind of wanted to dunk on him a little
bit He’s a real good player, but I don’t
think he can guard me though.”
“I think he better wake up,” Williams
See WILLIAMS, Page 4
The members will be expected to work in
12-hour shifts seven days a week while
participating in the sl2 million project.
other ocean drilling cruises, said time on
the ship goes by quickly because of the
busy activity. He said the procedures are
demanding and exhausting.
The proposal was presented to the
See BRALOWER, Page 4