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Thursday, November 1, 1984
University of Nebraska-Lincoln
Vo. 84 No. 50
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Vcsthcr: Partly sunny, windy and cold today
with a high of 39 (4C). Thursday night, very cold
with a low of about 21 (-6C). Friday, mostly sunny
and warmer with a high in the lower 503 (12C).
Bob BrubachtrDs'ly Nibrtskcn
Hoodoo who?
Hoodoo Guruc.Page 10
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Pole's otrugg!e...Page 1 1
jMMLniwgiIlu:liis
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is no celebration
By Bni GUTord
E'JtUSy Neirasluw Staff Reporter
When the state Banking Department locked Com
monwealth Savin 3 Co.'s doors one year ago
today, 7,000 depositors thought their money was
inside.
It wasn't.
It had been loaned to people who couldn't pay it back,
or shoveled into the ground, the multi-million dollar real
estate holdings of Commonwealth President S.E. Copple.
The depositors were certain the Nebraska Depository
Institution Guaranty Corp. would do what it had adver
tised on signs in the window of Commonwealth: reim
burse depositors up to $30,000 for each account.
It didnt.
On the first anniversary of the closing, depositors
N aren't looking back at a bad experience that was tough
for awhile, but getting better with the return of every
dollar. They still are mired in the bad experience, and
hot one dollar has been recovered.
With nowhere else to turn but to themselves, the de
positors formed the Nebraska Depositors Action Com
mittee to prod officials who could help them get their
money back.
For about three months, the depositors saw no
results. They witnessed a flurry of legal activity. Copple
and two of his sons, Marvin and Newt, were charged
with several illegal financial procedures. As attorneys,
state senators and the people debated who or what was
at fault for the collapse, developments that encouraged
and discouraged depositors passed:
Continued on Page 6
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vi uvivu vu suitm
"onreign siuden
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By Joan Ilofifci&n
DtUjr Nebra&kan Staff Reporter
tttt nrithin the last year, UNL's International Educa-
vWv tion&l Services assisted 29 students who lost
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their savings in the Commonwealth Savings Co.
collapse.
An estimated $225,000 of student money was lost.
Of the 29 students, 4 were American students. The
remaining 25 foreign students had to fend for them
selves with limited help from the university.
What do you do when you're attending a foreign uni
versity and you have no money?
David DeCoster, dean of students, worked with the
Office of Scholarships and Financial Aids at the NU
Foundation to help these students continue their edu
cations. Each student was offered the opportunity to live on
campus with a modified payment plan suited to each
individual. Emergency work permits were obtained and
since foreign students are not usually allowed to work
off campus, the students were helped with job inter
views, DeCoster said.
The financial aid office worked in conjunction with
the foundation to establish an emergency loan program
for about eight of these students, DeCoster said.
Akiko Horii Husen of Japan was one of the eight. She
received $400.
But $400 doesn't go very far when you must pay $100
for each tuition hour, said Husen, who lost more than
$3,000.
Continued on Pag 6
F
SUP ILiSLlC?
Couple doubtful
of money Js return
By Gem Gentrap
Doily Nebrssk&n Senior Reporter
or 29 years Erwin and Orletha Mantzner always
managed to pay their bills. Despite Erwin's dis
ability as a paraplegic and Orletha's bout with
cancer, including two surgeries three years ago, the
couple never had any financial difficulty.
Then, on Nov. 1, one year ago today, Commonwealth
Savings Co. went insolvent. The Mantzners lost $83,000
their entire savings.
"We were shocked," Erwin said. "We figured it (the
money) would come back in a short time."
Now, one year later, like all Commonwealth deposi
tors, the Mantzners have received nothing. Payments
are becoming difficult to meet, they said.
The Mantzners are finding it especially difficult to pay
medical bills. Because of their severe health problems,
neither is eligible for medical insurance. Their only
income is Erwin's disability check of $465 a month.
Orletha said Medicare will pay for the brunt of the
costs on certain problems but will not cover the costs of
her chemotherapy treatments or Erwin's medicine. The
Mantzners also take treatment for high blood pressure
and between them take 22 medical tablets a day.
Continued on Page 6
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Revelry, violence follow
assassination of Gandhi
Joel SartorsDxSSy sbrssksn
WMle Sen. Exon speaks, Sen. Zertasly listens daring a campaign rally Wednesday ciorning at
Exon's 14th St. headquarters.
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m'! m.
as
tour
r rir by colleagues, according to Sen. Zorinsky joined Sen. J. James
By Bred GLurd Ed Zorinsky. Excn and Gov. Bob Kerrey at
DaUy Nebrukui Staff Scporter But because the lawmaking Exon's headquarters Wednesday
Voters should judge congres- process is so obscure and com- morning to kick off Exon's- final
sional representatives on legisla- plex, he said, most people only statewide campaign tour of seven
tion they defeat and the amend- know about the measures repre- Nebraska cities,
ments they add to bills sponsored sentatives have their names on. Continued on Paga 8
ByVVardW.Triplettlll
Daily Nebr&ekan Senior Editor
Just hours after Indian Prime
Minister Indira Gandhi was as
sassinated by two Sikh members
of her own guard, a party started
in New York and London.
There, Sikh Indians danced and
drank champagne outside Indian
consulates in celebration of
Gandhi's death. According to
accounts by the Reuter News
Report, the party started shortly
after midnight with the first news
of the assassination and continued
until late afternoon.
"We came here to show the
consulate that whatever is done
is absolutely right'," Gurrartap
Singh Birk, a computer engineer,
from Brooklyn said.
Birk and an unidentified Sikh
leader in India said the assassi
nation was in retaliation for
Gandhi's attack on the Sikh
Golden Temple in June. Eight
hundred Sikhs died in that attack,
many of them members of the
military.
Reports said Gandhi was shot
seven times as she walked from
her New Delhi house to her ofSce
for an interview Wednesday morn
ing. She died two hours later. Her
funeral and cremation wiH be
Saturday.
Gandhi's son Rajiv, 40, was
sworn in as her successor as sev
eral Indian cities erupted with
violence between Hindus and
Sikhs.
UNL political science professor
Louis Picard, who specializes in
developing areas, said the assas-
ination's worst after-effect could
be the violence a revenge attack
by Gandhi's followers would
cause.
"Unfortunately, that is part of
India's history " Picard said. There
is certainly a possibility now for
more violence."
Picard said the attack was a
"very dramatic event" for the
Sikhs, and Gandhi was never for
given for it.
"What's going on is really an
ethnic division," he said. "India
is a multi-ethnic country, and
there has been communal vio
lence for some time."
Picard said the assassination
should not change the foreign
policies or structure of the world's
largest democracy.
India was scheduled to hold
general elections in January, but
Picard said the elections proba
bly will be postponed.
"Given the suddenness of this
so close to the election, my suspi
cion is they will move elections
back one year. It is in their consti
tution to do that."
Robert Kleis, executive dean of
UNL's International Affairs, said
the assassination should not affect
Indian students abroad. UNL has
34 Indian students registered this
semester.
"We should assume that the
stability and structure of the
Indian government is such that it
will weather this terrible event,"
Kleh said. "Just what philosophic
form the new government will
take is unknown but it should not
affect Indian students here,
except emotionally."
