Director's role
discussion topic
The filmmaker's art is to be
the subject of this Sunday's
Lively Arts film, sponsored by
the Sheldon Film Theatre and
the Instructional Media Center.
Director Michael Ritchie,
whose films include Downhill
Racer and The Candidate,
discusses the director's role in
filmmaking and how through
images he is able to make even
the impossible believeable.
Ritchie illustrates his
discussion with clips from
Birth of a Nation
The film, open to the public
and free of charge, is to be
shown at the Sheldon Gallery
Auditorium at 3 p.m.
doily nebraskan
Editor-in-Chief Michael (O.J.) Nelson. Managing Editor Mary
Voboril. News Editor: Tim Anderson.
Special Editor. Ken Kirk. Sports Editor Bill Bennpt-t ph.
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Japanese have yen
to invest in U.S.A.
An inflow of foreign investment into the United States
' should be considered a significant advantage rather than an
invasion, according to persons who participated Thursday in a
panel discussion on United States-Japanese relations at UNL's
Sheldon Memorial Art Gallery.
1 Tateo Suzuki, consul general of Japan in Chicago, said Japan
is working to balance trade inequities.
"We're curbing exports and encouraging imports from
overseas. We also have been working to change the flow of
money through devaluation of the yen," he said.
Suzuki said trade imbalances have decreased between the
U.S. and Japan. He explained that between January and
August of this year Japan exported $6 billion of goods to
America while it imported $5.8 billion worth of U.S. products.
During the same time period in 1972, he said, the difference
was more than $1.8 billion (in Japan's favor).
Suzuki said that by solving these trade inequities he hopes
the U.S. atmosphere will be more conducive toward Japanese
investors.
Eugene Leahy, former Omaha mayor and president of the
Omaha Riverfront Development project, said that Japanese
investment could help build a strong rural America.
"People need to change their attitudes concerning foreign
investment. The Japanese have developed their own
technology and Americans should be willing to benefit from
it," he said.
Leahy said that foreign investment could lead to the
development of new industrial plants in the rural areas of the
U.S. "This would strengthen the economic conditions in rural
America," he said.
Dr. Ronald Mertens, deputy director of the Nebraska
Department of Economic Development, said agricultural trade
between the U.S. and Japan is becoming an important
economic factor.
"Less than 15 per cent of Japan's land is capable of
producing crops. With a population about half the size of the
U.S., future demands for agricultural goods will be strong in
Japan," he said.
Japan's dependence on importing agricultural products
could be important to future trade negotiations, he said.
Mertens said that more than 16 per cent of U.S. agricultural
exports to Japan came from Nebraska in 1970.
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daily nebraskan
friday, September 21, 1973