( S ( NP-SBJ ( DT The ) ( NNPS Republicans ) ) ( VP ( VBP maintain ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT a ) ( ADJP ( CD 30 ) ( NN % ) ) ( JJ capital-gains ) ( NN exclusion ) ) ( VP ( MD will ) ( VP ( VP ( VB raise ) ( NP ( NN revenue ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ short ) ( NN term ) ) ) ) ( CC and ) ( VP ( VB spur ) ( NP ( JJ economic ) ( NN investment ) ) ) ) ) ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ ( DT the ) ( NNPS Democrats ) ) ( VP ( VBP maintain ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NP ( DT an ) ( NN increase ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ top ) ( NN income-tax ) ( NN rate ) ) ) ) ( CC and ) ( NP ( VBN expanded ) ( NNS IRAs ) ) ) ( VP ( MD will ) ( VP ( VP ( VB raise ) ( NP ( NN revenue ) ) ) ( CC and ) ( VP ( VB spur ) ( NP ( NNS savings ) ) ) ) ) ) ) ) ) ) ) )

The Republicans maintain that a 30 % capital-gains exclusion will raise revenue in the short term and spur economic investment while the Democrats maintain that an increase in the top income-tax rate and expanded IRAs will raise revenue and spur savings


( S ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT a ) ( JJ classic ) ( NN example ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJ old ) ( NN saying ) ) ( S ( NP-SBJ ( DT The ) ( NN whole ) ) ( VP ( VBZ is ) ( ADJP-PRD ( ADJP ( JJR greater ) ) ( PP ( IN than ) ( NP ( NP ( DT the ) ( NN sum ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NNS parts ) ) ) ) ) ) ) ) ) ) ) ) )

This is a classic example of the old saying The whole is greater than the sum of its parts


( S ( NP-SBJ ( NP ( PRP It ) ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( JJ ridiculous ) ) ( SBAR-2 ( IN for ) ( S ( NP-SBJ ( NP ( DT a ) ( NN family ) ) ( PP ( IN with ) ( NP ( NP ( JJ taxable ) ( NN income ) ) ( PP ( IN of ) ( NP ( CD 50,000 ) ) ) ) ) ) ( VP ( TO to ) ( VP ( VB pay ) ( NP ( DT the ) ( JJ same ) ( ADJP ( CD 28 ) ( NN % ) ) ( JJ incremental ) ( NN tax ) ( NN rate ) ) ( PP ( IN as ) ( NP ( NP ( DT a ) ( NN family ) ) ( PP ( IN with ) ( NP ( NP ( JJ taxable ) ( NN income ) ) ( PP ( IN of ) ( NP ( CD 250,000 ) ) ) ) ) ) ) ) ) ) ) ) )

It 's ridiculous for a family with taxable income of 50,000 to pay the same 28 % incremental tax rate as a family with taxable income of 250,000


( S ( NP-SBJ ( DT The ) ( ADJP ( CD 33 ) ( NN % ) ) ( NN bracket ) ) ( VP ( MD should ) ( VP ( VB apply ) ( PP-CLR ( TO to ) ( NP ( NP ( NP ( DT all ) ( NN income ) ) ( PP-LOC ( IN over ) ( NP ( DT the ) ( JJ applicable ) ( NN level ) ) ) ) ( RB not ) ( NP ( RB just ) ( DT the ) ( ADJP ( CD 5 ) ( NN % ) ) ( NN rate ) ( NN adjustment ) ( NN amount ) ) ) ) ) ) )

The 33 % bracket should apply to all income over the applicable level not just the 5 % rate adjustment amount


( S ( NP-SBJ ( NP ( PRP It ) ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( RB equally ) ( JJ ridiculous ) ) ( S-2 ( RB not ) ( VP ( TO to ) ( VP ( VB provide ) ( NP ( DT a ) ( UCP ( NN capital ) ( NN investment ) ( CC or ) ( JJ retirement-savings ) ) ( NN tax ) ( NN incentive ) ) ) ) ) ) )

It 's equally ridiculous not to provide a capital investment or retirement-savings tax incentive


( NP ( NNP Jeffrey ) ( NNP T. ) ( NNP Schmidlin ) )

Jeffrey T. Schmidlin


( S ( S-TPC-2 ( NP-SBJ ( NP ( NNP David ) ( NNP Evans ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( NP-TMP ( JJ last ) ( NN week ) ) ( VP ( VBD resigned ) ( PP-CLR ( IN as ) ( NP ( NP ( NP ( NN president ) ) ( CC and ) ( NP ( NN chief ) ( NN executive ) ) ) ( PP ( IN of ) ( NP ( NNP Qintex ) ( NNP Entertainment ) ( NNP Inc. ) ) ) ) ) ( PP-PRP ( IN for ) ( NP ( JJ personal ) ( NNS reasons ) ) ) ( SBAR-TMP ( RB just ) ( IN as ) ( S ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBN filed ) ( PP-CLR ( IN for ) ( NP ( NN bankruptcy-law ) ( NN protection ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( ADVP ( RB temporarily ) ) ( VP ( VBN reappointed ) ( PP-CLR ( TO to ) ( NP ( DT both ) ( NNS positions ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD said ) ) )

David Evans who last week resigned as president and chief executive of Qintex Entertainment Inc. for personal reasons just as the company filed for bankruptcy-law protection has been temporarily reappointed to both positions the company said


( S ( NP-SBJ ( NNP Qintex ) ( NNP Entertainment ) ) ( ADVP ( RB also ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( NNP Chief ) ( NNP Financial ) ( NNP Officer ) ( CC and ) ( NNP Treasurer ) ( NNP Jonathan ) ( NNP Lloyd ) ) ( ADJP ( NP ( CD 37 ) ( NNS years ) ) ( JJ old ) ) ) ( VP ( MD would ) ( VP ( VB join ) ( NP ( DT the ) ( JJ nine-member ) ( NN board ) ) ) ) ) ) ) )

Qintex Entertainment also said Chief Financial Officer and Treasurer Jonathan Lloyd 37 years old would join the nine-member board


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ succeeds ) ( NP ( NP ( NNP Roger ) ( NNP Kimmel ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD resigned ) ( NP-TMP ( JJ last ) ( NN week ) ) ( S-ADV ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ ( NP ( PRP$ his ) ( NN participation ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG evaluating ) ( NP ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN role ) ) ( PP-LOC ( IN in ) ( S-NOM ( VP ( VBG buying ) ( NP ( NNP MGM\/UA ) ( NNPS Communications ) ( NNP Co. ) ) ) ) ) ) ) ) ) ) ( VP ( VBD was ) ( ADVP-TMP ( DT no ) ( RB longer ) ) ( ADJP-PRD ( JJ necessary ) ) ) ) ) ) ) ) ) ) ) ) )

He succeeds Roger Kimmel who resigned last week saying his participation in evaluating the company 's role in buying MGM\/UA Communications Co. was no longer necessary


( S ( S-TPC-2 ( NP-SBJ ( NNP Mr. ) ( NNP Evans ) ) ( VP ( MD will ) ( VP ( VB stay ) ( UCP-TMP ( SBAR ( IN until ) ( S ( NP-SBJ-1 ( DT a ) ( NN successor ) ) ( VP ( VBZ is ) ( VP ( VBN found ) ) ) ) ) ( CC but ) ( ADVP ( ADVP ( RB not ) ( RB later ) ) ( PP ( IN than ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN year ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD said ) ) )

Mr. Evans will stay until a successor is found but not later than the end of the year the company said


( S-CLF ( NP-SBJ ( PRP It ) ) ( VP ( VBD was ) ( NP-PRD ( DT the ) ( JJ 49-year-old ) ( NNP Mr. ) ( NNP Evans ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD had ) ( VP ( VP ( VBN moved ) ( PP-DIR ( IN into ) ( NP ( NP ( DT the ) ( NNS offices ) ) ( PP ( IN of ) ( NP ( NNP MGM\/UA ) ) ) ) ) ) ( CC and ) ( VP ( VBN run ) ( NP ( DT the ) ( NN company ) ) ( PP-TMP ( IN during ) ( NP ( NP ( NP ( NNP Qintex ) ( NNP Australia ) ( NNP Ltd. ) ( POS 's ) ) ( JJ aborted ) ( NN bid ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN movie ) ( NN company ) ) ) ) ) ) ) ) ) ) ) )

It was the 49-year-old Mr. Evans who had moved into the offices of MGM\/UA and run the company during Qintex Australia Ltd. 's aborted bid for the movie company


( S ( SBAR-TMP ( IN After ) ( S ( NP-SBJ ( NNP MGM\/UA ) ) ( VP ( VBD terminated ) ( NP ( DT the ) ( ADJP ( QP ( CD 1.5 ) ( CD billion ) ) ) ( NN merger ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( DT a ) ( NN dispute ) ) ( PP ( IN over ) ( NP ( NP ( DT a ) ( ADJP ( QP ( CD 50 ) ( CD million ) ) ) ( NN letter ) ) ( PP ( IN of ) ( NP ( NN credit ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( NNP Qintex ) ( NNP Entertainment ) ) ( PRN ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ is ) ( ADJP-PRD ( JJ 43%-owned ) ( PP ( IN by ) ( NP ( NNP Qintex ) ( NNP Australia ) ) ) ) ) ) ) ) ) ( VP ( VBD found ) ( S ( NP-SBJ ( PRP itself ) ) ( VP ( VBG facing ) ( NP ( NP ( NNS problems ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ own ) ) ) ) ) ) ) )

After MGM\/UA terminated the 1.5 billion merger because of a dispute over a 50 million letter of credit Qintex Entertainment which is 43%-owned by Qintex Australia found itself facing problems of its own


( S ( CC And ) ( NP-SBJ-1 ( NP ( DT the ) ( NN relationship ) ) ( PP ( IN between ) ( NP ( NP ( NNP Qintex ) ( NNP Entertainment ) ) ( CC and ) ( NP ( DT the ) ( JJ Australian ) ( NN company ) ) ) ) ) ( VP ( VBZ appears ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( ADVP-MNR ( RB quickly ) ) ( VBG deteriorating ) ) ) ) ) ) )

And the relationship between Qintex Entertainment and the Australian company appears to be quickly deteriorating


( S ( PP-TMP ( IN On ) ( NP ( NNP Oct. ) ( CD 19 ) ) ) ( NP-SBJ-1 ( NNP Qintex ) ( NNP Entertainment ) ) ( VP ( VBD was ) ( VP ( IN about ) ( S ( VP ( TO to ) ( VP ( VB default ) ( PP-CLR ( IN on ) ( NP ( NP ( DT a ) ( ADJP ( QP ( CD 5.9 ) ( CD million ) ) ) ( NN payment ) ) ( VP ( VBN owed ) ( PP-DIR ( TO to ) ( NP ( NNP MCA ) ( NNP Inc. ) ) ) ( PP ( IN in ) ( NP ( NP ( NN connection ) ) ( PP ( IN with ) ( NP ( NP ( DT the ) ( NN distribution ) ) ( PP ( IN of ) ( NP ( DT a ) ( NN television ) ( NN program ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

On Oct. 19 Qintex Entertainment was about to default on a 5.9 million payment owed to MCA Inc. in connection with the distribution of a television program


( S ( NP-SBJ ( NNP Qintex ) ( NNP Entertainment ) ) ( VP ( VBD was ) ( VP ( VBG depending ) ( PP-CLR ( IN on ) ( NP-1 ( NNP Qintex ) ( NNP Australia ) ) ) ( S-PRP-CLR ( VP ( TO to ) ( VP ( VB arrange ) ( NP ( NN financing ) ) ) ) ) ) ) )

Qintex Entertainment was depending on Qintex Australia to arrange financing


( S ( CC But ) ( ADVP-TMP ( RB early ) ) ( PP-TMP ( IN on ) ( NP ( NP ( NNP Oct. ) ( CD 19 ) ) ( NP ( NP ( DT the ) ( JJ second ) ) ( PP ( IN of ) ( NP ( NP ( CD two ) ( JJ hectic ) ( NNS days ) ) ( PP ( IN of ) ( NP ( NN board ) ( NNS meetings ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Evans ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD believed ) ( SBAR ( S ( NP-SBJ ( NNP Qintex ) ( NNP Australia ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB be ) ( ADJP-PRD ( JJ forthcoming ) ) ) ) ) ) ) ) ) ) )

But early on Oct. 19 the second of two hectic days of board meetings Mr. Evans said he believed Qintex Australia would n't be forthcoming


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD recommended ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( NN file ) ( PP-CLR ( IN for ) ( NP ( NP ( NN protection ) ) ( PP-LOC ( IN under ) ( NP ( NP ( NN Chapter ) ( CD 11 ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP U.S. ) ( NNP Bankruptcy ) ( NNP Code ) ) ) ) ) ) ) ( PP-TMP ( IN before ) ( NP ( DT the ) ( NNP MCA ) ( NN deadline ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( DT a ) ( NN source ) ) ( ADJP ( JJ familiar ) ( PP ( IN with ) ( NP ( DT the ) ( NNS sessions ) ) ) ) ) ) ) ) )

He recommended that the company file for protection under Chapter 11 of the U.S. Bankruptcy Code before the MCA deadline according to a source familiar with the sessions


( S ( CC But ) ( NP-SBJ ( NP ( DT a ) ( NN majority ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN board ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ includes ) ( NP ( NP ( CD three ) ( NNS members ) ) ( PP ( IN from ) ( NP ( DT the ) ( JJ Australian ) ( NN company ) ) ) ) ) ) ) ) ) ) ( VP ( VBD overrode ) ( NP ( PRP him ) ) ) )

But a majority of the board which includes three members from the Australian company overrode him


( S ( NP-SBJ ( NNP Mr. ) ( NNP Evans ) ) ( VP ( VBD resigned ) ) )

Mr. Evans resigned


( S ( ADVP-TMP ( RB Later ) ( PP ( IN in ) ( NP ( DT the ) ( NN day ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( DT the ) ( NN source ) ) ) ) ( NP-SBJ-1 ( DT the ) ( NN board ) ) ( VP ( VP ( VBD reversed ) ( NP ( PRP itself ) ) ) ( VP ( VBD decided ) ( S ( VP ( TO to ) ( VP ( VB file ) ( PP-CLR ( IN for ) ( NP ( NN bankruptcy ) ( NN protection ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD asked ) ( NP-2 ( NNP Mr. ) ( NNP Evans ) ) ( S ( VP ( TO to ) ( VP ( VB stay ) ( PRT ( IN on ) ) ) ) ) ) ) )

Later in the day according to the source the board reversed itself decided to file for bankruptcy protection and asked Mr. Evans to stay on


( S ( NP-SBJ ( NNP Mr. ) ( NNP Evans ) ) ( VP ( VBD told ) ( NP ( DT the ) ( NN board ) ) ( SBAR ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD needed ) ( NP ( DT the ) ( NN weekend ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB think ) ( PP-CLR ( IN about ) ( NP ( PRP it ) ) ) ) ) ) ) ) ) ) )

Mr. Evans told the board he needed the weekend to think about it


( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Evans ) ) ( VP ( MD could ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN reached ) ( NP-TMP ( NN yesterday ) ) ( PP-CLR ( IN for ) ( NP ( NN comment ) ) ) ) ) ) )

Mr. Evans could n't be reached yesterday for comment


( S ( NP-TMP ( JJ Last ) ( NNP Monday ) ) ( NP-SBJ ( NNP Qintex ) ( NNP Australia ) ) ( VP ( VP ( VBD announced ) ( NP ( DT a ) ( VBG restructuring ) ( NN plan ) ) ) ( CC and ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB sell ) ( PRT ( RP off ) ) ( NP ( NNS assets ) ) ) ) ) ) ) ) )

Last Monday Qintex Australia announced a restructuring plan and said it would sell off assets


( S ( NP-TMP ( JJ Last ) ( NN week ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD indicated ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB cut ) ( ADVP-CLR ( RB back ) ) ( PP-CLR ( IN on ) ( NP ( NP ( DT the ) ( VBG working ) ( NN capital ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB supply ) ( PP-DTV ( TO to ) ( NP ( NNP Qintex ) ( NNP Entertainment ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Last week the company indicated it would cut back on the working capital it would supply to Qintex Entertainment


( S ( ADVP ( RB Separately ) ) ( NP-SBJ-1 ( DT a ) ( NNP Qintex ) ( NNP Entertainment ) ( NN shareholder ) ) ( VP ( VBD filed ) ( NP ( NN suit ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ federal ) ( NN court ) ) ( PP-LOC ( IN in ) ( NP ( NNP Los ) ( NNP Angeles ) ) ) ) ) ( S-ADV ( VP ( VBG charging ) ( NP-2 ( NNP Qintex ) ( NNP Australia ) ) ( PP-CLR ( IN with ) ( S-NOM ( VP ( VBG misleading ) ( NP ( NNS shareholders ) ) ( PP ( IN about ) ( NP ( NP ( NNP Qintex ) ( NNP Entertainment ) ( POS 's ) ) ( JJ financial ) ( NN position ) ) ) ) ) ) ) ) ) )

Separately a Qintex Entertainment shareholder filed suit in federal court in Los Angeles charging Qintex Australia with misleading shareholders about Qintex Entertainment 's financial position


( S ( NP-SBJ ( NNP Qintex ) ( NNP Australia ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VP ( VBD had ) ( RB n't ) ( VP ( VBN seen ) ( NP ( DT the ) ( NN suit ) ) ) ) ( CC and ) ( VP ( MD could ) ( RB n't ) ( VP ( VB comment ) ) ) ) ) ) ) )

Qintex Australia said it had n't seen the suit and could n't comment


( S ( NP-SBJ-1 ( NNP Ohbayashi ) ( NNP Corp. ) ) ( VP ( VBD agreed ) ( S ( VP ( TO to ) ( VP ( VB buy ) ( NP ( NP ( NNP E.W. ) ( NNP Howell ) ( NNP Co. ) ) ( NP ( NP ( DT the ) ( NNP U.S. ) ( NN subsidiary ) ) ( PP ( IN of ) ( NP ( NP ( NNP Selmer-Sande ) ( NNP AS ) ) ( PP ( IN of ) ( NP ( NNP Norway ) ) ) ) ) ) ) ( PP-CLR ( IN for ) ( NP ( QP ( IN about ) ( CD 7 ) ( CD million ) ) ) ) ) ) ) ) )

Ohbayashi Corp. agreed to buy E.W. Howell Co. the U.S. subsidiary of Selmer-Sande AS of Norway for about 7 million


( S ( NP-SBJ-1 ( NP ( NNP Howell ) ) ( NP ( DT a ) ( NAC-LOC ( NNP Port ) ( NNP Washington ) ( NNP N.Y. ) ) ( NN construction ) ( NN concern ) ) ) ( VP ( VBD was ) ( VP ( VBN established ) ( PP-TMP ( IN in ) ( NP ( CD 1891 ) ) ) ) ) )

Howell a Port Washington N.Y. construction concern was established in 1891


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ has ) ( NP ( CD three ) ( NNP U.S. ) ( NNS branches ) ) ) )

It has three U.S. branches


( S ( NP-SBJ ( NNP Ohbayashi ) ( NNS officials ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-2 ( DT the ) ( NN purchase ) ) ( VP ( VBD was ) ( VP ( VBN undertaken ) ( S-PRP ( VP ( TO to ) ( VP ( VB participate ) ( PP-CLR ( IN in ) ( NP ( NP ( NNS ventures ) ) ( PP-LOC ( IN in ) ( CC and ) ( IN around ) ( NP ( NNP New ) ( NNP York ) ( NNP City ) ) ) ) ) ) ) ) ) ) ) ) ) )

Ohbayashi officials said the purchase was undertaken to participate in ventures in and around New York City


( S ( NP-SBJ ( PRP They ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Howell ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RB particularly ) ( JJ successful ) ) ( ADVP-LOC ( RB there ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( PRP$ its ) ( NN membership ) ( NN cooperation ) ) ( PP ( IN with ) ( NP ( JJ local ) ( NNS unions ) ) ) ) ) ) ) ) ) )

They said Howell is particularly successful there because of its membership cooperation with local unions


( S ( NP-SBJ ( NNP Ohbayashi ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( NNP Japan ) ( POS 's ) ) ( ADJP ( JJ second ) ( JJS largest ) ) ( NN construction ) ( NN company ) ) ) )

Ohbayashi is Japan 's second largest construction company


( S ( PP-TMP ( IN Until ) ( ADVP ( RB now ) ) ) ( NP-SBJ ( PRP$ its ) ( NN inability ) ( S ( VP ( TO to ) ( VP ( VB form ) ( NP ( NP ( NN membership ) ( NNS ties ) ) ( PP ( IN with ) ( NP ( VBN organized ) ( NN labor ) ) ) ) ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN kept ) ( NP-1 ( PRP it ) ) ( PP-CLR ( IN from ) ( S-NOM ( VP ( VBG penetrating ) ( NP ( DT the ) ( JJ lucrative ) ( NNP New ) ( NNP York ) ( JJ metropolitan ) ( NN area ) ( NN construction ) ( NN market ) ) ) ) ) ) ) )

Until now its inability to form membership ties with organized labor has kept it from penetrating the lucrative New York metropolitan area construction market


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( ADVP ( RB also ) ) ( VP ( VBZ hopes ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( JJS latest ) ( NN acquisition ) ) ( VP ( MD will ) ( VP ( VB help ) ( S ( VP ( VB secure ) ( NP ( NP ( JJ large ) ( NN construction ) ( NNS orders ) ) ( PP ( IN from ) ( NP ( NP ( JJ Japanese ) ( NNS concerns ) ) ( PP ( IN with ) ( NP ( NNP U.S. ) ( NNS operations ) ) ) ) ) ) ) ) ) ) ) ) ) )

The company also hopes the latest acquisition will help secure large construction orders from Japanese concerns with U.S. operations


( S ( NP-SBJ ( NNP Ohbayashi ) ) ( VP ( VBD cited ) ( NP ( NP ( NN industry ) ( NNS publications ) ) ( VP ( VBG crediting ) ( NP-1 ( NP ( NNP Howell ) ) ( VP ( ADVP ( RB currently ) ) ( VBN capitalized ) ( PP-CLR ( IN at ) ( NP ( QP ( CD 2.2 ) ( CD million ) ) ) ) ) ) ( PP-CLR ( IN with ) ( S-NOM ( VP ( VBG receiving ) ( NP ( NP ( NNS orders ) ) ( VP ( VBN valued ) ( PP-CLR ( IN at ) ( NP ( QP ( CD 225 ) ( CD million ) ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1988 ) ) ) ) ) ) ) ) ) )

Ohbayashi cited industry publications crediting Howell currently capitalized at 2.2 million with receiving orders valued at 225 million in 1988


( S ( NP-SBJ ( DT The ) ( JJ Japanese ) ( NN company ) ) ( VP ( VBD received ) ( NP ( NP ( NNS orders ) ) ( VP ( VBG totaling ) ( NP ( NP ( QP ( CD 12.44 ) ( CD billion ) ) ( NN yen ) ) ( PRN ( NP ( QP ( CD 87.9 ) ( CD million ) ) ) ) ) ) ) ( PP-CLR ( IN from ) ( NP ( PRP$ its ) ( NNP U.S. ) ( NN business ) ( NNS activities ) ) ) ( PP-TMP ( IN during ) ( NP ( NP ( DT the ) ( JJ fiscal ) ( NN year ) ) ( VP ( VBD ended ) ( PP-TMP-CLR ( IN in ) ( NP ( NNP March ) ) ) ) ) ) ) )

The Japanese company received orders totaling 12.44 billion yen 87.9 million from its U.S. business activities during the fiscal year ended in March


( S ( NP-SBJ-2 ( NP ( NNP Senate ) ( NNPS Democrats ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP favor ) ( S ( VP ( VBG cutting ) ( NP ( DT the ) ( JJ capital-gains ) ( NN tax ) ) ) ) ) ) ) ) ( VP ( VBP are ) ( RB n't ) ( ADJP-PRD ( JJ ready ) ( S ( VP ( TO to ) ( VP ( VB line ) ( PRT ( RP up ) ) ( PP-LOC-CLR ( IN behind ) ( NP ( DT the ) ( VBG leading ) ( NNP Senate ) ( NN proposal ) ) ) ) ) ) ) ) )

Senate Democrats who favor cutting the capital-gains tax are n't ready to line up behind the leading Senate proposal


( S ( NP-SBJ ( PRP$ Their ) ( NN reluctance ) ( S ( VP ( TO to ) ( VP ( VB support ) ( NP ( DT the ) ( NN proposal ) ) ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT another ) ( NN blow ) ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( JJ capital-gains ) ( NN cut ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ has ) ( VP ( VBN had ) ( NP ( DT a ) ( NN roller-coaster ) ( NN existence ) ) ( PP-TMP ( IN since ) ( NP ( NP ( DT the ) ( NN beginning ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN year ) ) ) ( SBAR ( WHADVP-3 ( WRB when ) ) ( S ( NP-SBJ-2 ( PRP it ) ) ( VP ( VP ( VBD was ) ( VP ( VBN considered ) ( S ( ADJP-PRD ( JJ dead ) ) ) ) ) ( CC and ) ( VP ( ADVP-TMP ( RB then ) ) ( VP ( ADVP ( RB suddenly ) ) ( VBN revived ) ) ( CC and ) ( VP ( VBD was ) ( VP ( VBN passed ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NNP House ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Their reluctance to support the proposal is another blow to the capital-gains cut which has had a roller-coaster existence since the beginning of the year when it was considered dead and then suddenly revived and was passed by the House


( S ( ADVP ( RB Nevertheless ) ) ( NP-SBJ ( NP ( NNP Oregon ) ( NNP Sen. ) ( NNP Bob ) ( NNP Packwood ) ) ( NP ( NP ( DT the ) ( JJ ranking ) ( NNP GOP ) ( NN member ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( JJ tax-writing ) ( NNP Senate ) ( NNP Finance ) ( NNP Committee ) ) ) ) ) ( NP-TMP ( JJ last ) ( NN night ) ) ( VP ( VBD introduced ) ( NP ( PRP$ his ) ( NN plan ) ) ( PP-CLR ( IN as ) ( NP ( NP ( DT an ) ( NN amendment ) ) ( PP ( TO to ) ( NP ( NP ( DT a ) ( JJ pending ) ( NN measure ) ) ( VP ( VBG authorizing ) ( NP ( NP ( NNP U.S. ) ( NN aid ) ) ( PP ( IN for ) ( NP ( NNP Poland ) ( CC and ) ( NNP Hungary ) ) ) ) ) ) ) ) ) ) )

Nevertheless Oregon Sen. Bob Packwood the ranking GOP member on the tax-writing Senate Finance Committee last night introduced his plan as an amendment to a pending measure authorizing U.S. aid for Poland and Hungary


( S ( NP-SBJ ( NP ( NNP Senate ) ( NNP Majority ) ( NNP Leader ) ( NNP George ) ( NNP Mitchell ) ) ( PRN ( NP ( NNP D. ) ) ( NP-LOC ( NNP Maine ) ) ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ confident ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD had ) ( NP ( RB enough ) ( NNS votes ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB block ) ( NP ( DT the ) ( NN maneuver ) ) ( PP-MNR ( IN on ) ( NP ( JJ procedural ) ( NNS grounds ) ) ) ( PRN ( ADVP ( RB perhaps ) ) ( ADVP-TMP ( ADVP ( RB as ) ( RB soon ) ) ( PP ( IN as ) ( NP ( NN today ) ) ) ) ) ) ) ) ) ) ) ) ) )

Senate Majority Leader George Mitchell D. Maine was confident he had enough votes to block the maneuver on procedural grounds perhaps as soon as today


( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Packwood ) ) ( ADVP ( DT all ) ( CC but ) ) ( VP ( VBD conceded ) ( NP ( NN defeat ) ) ( S-ADV ( VP ( VBG telling ) ( NP ( NNP Mr. ) ( NNP Mitchell ) ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP sense ) ( PP-TMP ( IN at ) ( NP ( DT this ) ( NN stage ) ) ) ( SBAR ( S ( NP-SBJ ( PRP you ) ) ( VP ( MD may ) ( VP ( VB have ) ( NP ( DT the ) ( NNS votes ) ) ) ) ) ) ) ) ) ) ) )

Mr. Packwood all but conceded defeat telling Mr. Mitchell I sense at this stage you may have the votes


( S ( NP-SBJ-1 ( DT The ) ( CD two ) ( NNS lawmakers ) ) ( VP ( VBD sparred ) ( PP-MNR ( IN in ) ( NP ( DT a ) ( RB highly ) ( JJ personal ) ( NN fashion ) ) ) ( S-ADV ( VP ( VBG violating ) ( NP ( JJ usual ) ( NNP Senate ) ( NN decorum ) ) ) ) ) )

The two lawmakers sparred in a highly personal fashion violating usual Senate decorum


( S ( NP-SBJ ( PRP$ Their ) ( NN tone ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ good-natured ) ) ( PP ( IN with ) ( S-NOM ( S ( NP-SBJ ( NNP Mr. ) ( NNP Packwood ) ) ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD intended ) ( S ( VP ( TO to ) ( VP ( VB offer ) ( NP ( DT the ) ( NN proposal ) ) ( ADVP-TMP ( RB again ) ( CC and ) ( RB again ) ) ( PP ( IN on ) ( NP ( JJ future ) ( NN legislation ) ) ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NNP Sen. ) ( NNP Mitchell ) ) ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ-2 ( PRP he ) ) ( VP ( VBD intended ) ( S ( VP ( TO to ) ( VP ( VB use ) ( NP ( JJ procedural ) ( NNS means ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB block ) ( NP ( PRP it ) ) ( ADVP-TMP ( RB again ) ( CC and ) ( RB again ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Their tone was good-natured with Mr. Packwood saying he intended to offer the proposal again and again on future legislation and Sen. Mitchell saying he intended to use procedural means to block it again and again


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ-1 ( NP ( DT the ) ( NN proposal ) ) ( VP ( VBN authored ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Mr. ) ( NNP Packwood ) ) ( CC and ) ( NP ( NP ( NNP Sen. ) ( NNP William ) ( NNP Roth ) ) ( PRN ( NP ( NNP R. ) ) ( NP-LOC ( NNP Del. ) ) ) ) ) ) ) ) ( VP ( VBZ appears ) ( S ( VP ( TO to ) ( VP ( VB have ) ( NP ( NP ( JJ general ) ( NN backing ) ) ( PP ( IN by ) ( NP ( NNPS Republicans ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP$ their ) ( NNS votes ) ) ( VP ( VBP are ) ( RB n't ) ( ADJP-PRD ( JJ sufficient ) ( S ( VP ( TO to ) ( VP ( VB pass ) ( NP ( PRP it ) ) ) ) ) ) ) )

Although the proposal authored by Mr. Packwood and Sen. William Roth R. Del. appears to have general backing by Republicans their votes are n't sufficient to pass it


( S ( CC And ) ( NP-SBJ ( NP ( NNPS Democrats ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP are ) ( PP-PRD ( IN under ) ( NP ( NP ( VBG increasing ) ( NN pressure ) ) ( PP ( IN from ) ( NP ( PRP$ their ) ( NNS leaders ) ) ) ( S-2 ( VP ( TO to ) ( VP ( VB reject ) ( NP ( DT the ) ( JJ gains-tax ) ( NN cut ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBP are ) ( VP ( VBG finding ) ( NP ( NNS reasons ) ( S ( VP ( TO to ) ( VP ( VB say ) ( NP ( RB no ) ) ( PRN ( ADVP ( IN at ) ( JJS least ) ) ( PP-TMP ( IN for ) ( RB now ) ) ) ) ) ) ) ) ) )

And Democrats who are under increasing pressure from their leaders to reject the gains-tax cut are finding reasons to say no at least for now


( S ( NP-SBJ ( DT A ) ( JJ major ) ( NN reason ) ) ( VP ( VBZ is ) ( SBAR-PRD ( IN that ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP believe ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NNP Packwood-Roth ) ( NN plan ) ) ( VP ( MD would ) ( VP ( VB lose ) ( NP ( NP ( NNS buckets ) ) ( PP ( IN of ) ( NP ( NN revenue ) ) ) ) ( PP-TMP ( IN over ) ( NP ( DT the ) ( JJ long ) ( NN run ) ) ) ) ) ) ) ) ) ) ) )

A major reason is that they believe the Packwood-Roth plan would lose buckets of revenue over the long run


( S ( NP-SBJ ( DT The ) ( NNP Packwood-Roth ) ( NN proposal ) ) ( VP ( MD would ) ( VP ( VB reduce ) ( NP ( DT the ) ( NN tax ) ) ( PP ( VBG depending ) ( PP ( IN on ) ( SBAR-NOM ( WHADVP-2 ( WRB how ) ( JJ long ) ) ( S ( NP-SBJ-1 ( DT an ) ( NN asset ) ) ( VP ( VBD was ) ( VP ( VBN held ) ) ) ) ) ) ) ) ) )

The Packwood-Roth proposal would reduce the tax depending on how long an asset was held


( S ( NP-SBJ ( PRP It ) ) ( ADVP ( RB also ) ) ( VP ( MD would ) ( VP ( VB create ) ( NP ( NP ( DT a ) ( JJ new ) ( JJ individual ) ( NN retirement ) ( NN account ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( MD would ) ( VP ( VB shield ) ( PP-CLR ( IN from ) ( NP ( NN taxation ) ) ) ( NP ( NP ( DT the ) ( NN appreciation ) ) ( PP ( IN on ) ( NP ( NP ( NNS investments ) ) ( VP ( VBN made ) ( PP-PRP ( IN for ) ( NP ( NP ( DT a ) ( JJ wide ) ( NN variety ) ) ( PP ( IN of ) ( NP ( NNS purposes ) ) ) ( PP ( VBG including ) ( NP ( NP ( NN retirement ) ) ( NP ( JJ medical ) ( NNS expenses ) ) ( NP ( JJ first-home ) ( NNS purchases ) ) ( CC and ) ( NP ( NN tuition ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

It also would create a new individual retirement account that would shield from taxation the appreciation on investments made for a wide variety of purposes including retirement medical expenses first-home purchases and tuition


( SINV ( S-TPC-3 ( NP-SBJ-2 ( NP ( DT A ) ( NN number ) ) ( PP ( IN of ) ( NP ( PRP us ) ) ) ) ( VP ( VBP are ) ( RB not ) ( VP ( VBG going ) ( S ( VP ( TO to ) ( VP ( VB touch ) ( NP ( NP ( NN capital ) ( NNS gains ) ) ( NP ( NNS IRAs ) ) ( CC or ) ( NP ( NN anything ) ( RB else ) ) ) ( SBAR-ADV ( IN unless ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ contributes ) ( PP-CLR ( TO to ) ( NP ( NN deficit-reduction ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Sen. ) ( NNP Charles ) ( NNP Robb ) ) ( PRN ( NP ( NNP D. ) ) ( NP-LOC ( NNP Va. ) ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ is ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( QP ( CD 10 ) ( TO to ) ( CD 20 ) ) ( NNPS Democrats ) ) ( SBAR ( WHNP-4 ( WP who ) ) ( S ( NP-SBJ ( DT the ) ( NNP Bush ) ( NN administration ) ) ( VP ( VBZ believes ) ( SBAR ( S ( VP ( MD might ) ( VP ( VB favor ) ( S ( VP ( VBG giving ) ( NP ( JJ preferential ) ( NN treatment ) ) ( PP-DTV ( TO to ) ( NP ( NN capital ) ( NNS gains ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

A number of us are not going to touch capital gains IRAs or anything else unless it contributes to deficit-reduction said Sen. Charles Robb D. Va. who is one of the 10 to 20 Democrats who the Bush administration believes might favor giving preferential treatment to capital gains


( S ( NP-SBJ ( NNP President ) ( NNP Bush ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG hearing ) ( NP ( NP ( DT this ) ( NN kind ) ) ( PP ( IN of ) ( NP ( NN opposition ) ) ) ) ( ADVP-MNR ( JJ first ) ( NN hand ) ) ( PP-TMP ( IN during ) ( NP ( NP ( NNS meetings ) ) ( PP-TMP ( IN over ) ( NP ( DT the ) ( JJ past ) ( CD two ) ( NNS days ) ) ) ( PP ( IN with ) ( NP ( JJ Democratic ) ( NNS senators ) ) ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NNP White ) ( NNP House ) ) ) ) ) ) ) ) )

President Bush has been hearing this kind of opposition first hand during meetings over the past two days with Democratic senators at the White House


( S ( CC And ) ( PP-LOC ( IN at ) ( NP ( NP ( DT a ) ( NN luncheon ) ( NN meeting ) ) ( NP-TMP ( NNP Tuesday ) ) ( PP ( IN of ) ( NP ( JJ Democratic ) ( NNS senators ) ) ) ) ) ( NP-SBJ ( EX there ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( JJ outspoken ) ( NN opposition ) ) ( PP ( TO to ) ( S-NOM ( VP ( VBG cutting ) ( NP ( DT the ) ( JJ capital-gains ) ( NN tax ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NNS participants ) ) ) ) ) )

And at a luncheon meeting Tuesday of Democratic senators there was outspoken opposition to cutting the capital-gains tax this year according to participants


( S ( NP-SBJ ( DT The ) ( NN trend ) ) ( VP ( VBZ is ) ( VP ( VBG making ) ( S ( NP-SBJ ( NP ( NNS advocates ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN tax ) ( NN cut ) ) ) ) ( ADJP-PRD ( RBR less ) ( JJ optimistic ) ( PP ( IN about ) ( NP ( NN success ) ) ) ) ) ) ) )

The trend is making advocates of the tax cut less optimistic about success


( SINV ( S-TPC-1 ( NP-SBJ ( EX There ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT a ) ( JJ one-out-of-three ) ( NN shot ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG getting ) ( NP ( PRP it ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NP ( NNP Sen. ) ( NNP David ) ( NNP Boren ) ) ( PP ( IN of ) ( NP ( NNP Oklahoma ) ) ) ) ( NP ( NP ( DT a ) ( VBG leading ) ( JJ Democratic ) ( NN proponent ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG cutting ) ( NP ( DT the ) ( JJ capital-gains ) ( NN tax ) ) ) ) ) ) ) )

There is a one-out-of-three shot of getting it this year said Sen. David Boren of Oklahoma a leading Democratic proponent of cutting the capital-gains tax


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD called ) ( S ( NP-SBJ ( DT the ) ( NN battle ) ) ( ADJP-PRD ( JJ uphill ) ) ) ) )

He called the battle uphill


( S ( NP-SBJ ( NP ( JJ Other ) ( NNPS Democrats ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP favor ) ( NP ( DT a ) ( JJ capital-gains ) ( NN cut ) ) ) ) ) ) ( VP ( VBP are ) ( ADJP-PRD ( RB even ) ( RBR more ) ( JJ pessimistic ) ) ) )

Other Democrats who favor a capital-gains cut are even more pessimistic


( SINV ( S-TPC-1 ( NP-SBJ ( EX There ) ) ( VP ( MD will ) ( VP ( VB be ) ( NP-PRD ( DT no ) ( JJ capital-gains ) ( NN bill ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Sen. ) ( NNP Dale ) ( NNP Bumpers ) ) ( PRN ( NP ( NNP D. ) ) ( NP-LOC ( NNP Ark ) ) ) ) )

There will be no capital-gains bill this year said Sen. Dale Bumpers D. Ark


( S ( NP-SBJ-1 ( PRP I ) ) ( VP ( VBP 'm ) ( ADVP ( RB probably ) ( RB not ) ) ( VP ( VBG going ) ( S ( VP ( TO to ) ( VP ( VB vote ) ( PP-CLR ( IN for ) ( NP ( DT any ) ( JJ capital-gains ) ( NN proposal ) ) ) ) ) ) ) ) )

I 'm probably not going to vote for any capital-gains proposal


( S ( NP-SBJ ( NP ( DT The ) ( NNP IRA ) ( NN portion ) ) ( PRN ( PP ( IN of ) ( NP ( DT the ) ( NNP Packwood-Roth ) ( NN plan ) ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ irresponsible ) ) ) )

The IRA portion of the Packwood-Roth plan is irresponsible


( S ( NP-SBJ ( NP ( DT Another ) ( JJ significant ) ( NN factor ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNS capitalgains ) ( NN debate ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( NN extent ) ) ( SBAR ( WHPP-1 ( TO to ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ has ) ( VP ( VBN become ) ( NP-PRD ( NP ( DT a ) ( ADJP ( RB purely ) ( JJ political ) ) ( NN battle ) ) ( PP ( IN between ) ( NP ( NP ( NNP President ) ( NNP Bush ) ) ( CC and ) ( NP ( NNP Senate ) ( NNP Majority ) ( NNP Leader ) ( NNP Mitchell ) ) ) ) ) ) ) ) ) ) ) )

Another significant factor in the capitalgains debate is the extent to which it has become a purely political battle between President Bush and Senate Majority Leader Mitchell


( S ( NP-SBJ ( NNP Mr. ) ( NNP Mitchell ) ) ( VP ( VBZ has ) ( VP ( VBN made ) ( S ( ADJP-PRD ( JJ clear ) ( PP ( TO to ) ( NP ( PRP$ his ) ( VBG wavering ) ( NNS colleagues ) ) ) ) ( SBAR-SBJ ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN issue ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ important ) ( PP ( TO to ) ( NP ( NP ( PRP him ) ) ( ADVP ( RB personally ) ) ) ) ) ) ) ) ) ) ) )

Mr. Mitchell has made clear to his wavering colleagues that the issue is important to him personally


( S ( NP-TMP ( NN Today ) ) ( NP-SBJ-1 ( NP ( NNP Sen. ) ( NNP Mitchell ) ) ( CC and ) ( NP ( JJ other ) ( VBG leading ) ( NNPS Democrats ) ) ) ( VP ( VBP plan ) ( S ( VP ( TO to ) ( VP ( VB turn ) ( PRT ( RP up ) ) ( NP ( DT the ) ( NN heat ) ) ( ADVP ( RB again ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG holding ) ( NP ( DT a ) ( NN news ) ( NN conference ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB bash ) ( NP ( DT the ) ( NN proposal ) ) ) ) ) ) ) ) ) ) ) ) )

Today Sen. Mitchell and other leading Democrats plan to turn up the heat again by holding a news conference to bash the proposal


( S ( NP-SBJ ( NP ( NNS Estimates ) ) ( VP ( VBN requested ) ( PP ( IN by ) ( NP-LGS ( NNP Sen. ) ( NNP Mitchell ) ) ) ( PP ( IN from ) ( NP ( DT the ) ( NNP Congressional ) ( NNP Joint ) ( NNP Taxation ) ( NNP Committee ) ) ) ) ) ( VP ( VBP show ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( JJS richest ) ( CD 100 ) ( NNS taxpayers ) ) ( VP ( VBD got ) ( NP ( NP ( DT an ) ( JJ average ) ( NN benefit ) ) ( PP ( IN from ) ( NP ( DT the ) ( JJ capital-gains ) ( NN differential ) ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 13 ) ( CD million ) ) ) ( NP-ADV ( DT each ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( NP ( CD 1985 ) ) ( NP ( NP ( DT the ) ( JJ last ) ( NN year ) ) ( SBAR ( WHPP-1 ( IN for ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( NNS figures ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ available ) ) ) ) ) ) ) ) ) ) ) ) )

Estimates requested by Sen. Mitchell from the Congressional Joint Taxation Committee show that the richest 100 taxpayers got an average benefit from the capital-gains differential of 13 million each in 1985 the last year for which figures are available


( S ( NP-SBJ ( NNP White ) ( NNP House ) ( NNS officials ) ) ( VP ( VBD acknowledged ) ( NP-TMP ( NN yesterday ) ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NNPS Democrats ) ) ( ADVP ( RB still ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ reluctant ) ( S ( VP ( TO to ) ( ADVP-MNR ( RB publicly ) ) ( VP ( VB express ) ( NP ( NP ( NN support ) ) ( PP ( IN for ) ( NP ( DT the ) ( NNP Packwood-Roth ) ( NN capital ) ( NNS gains ) ( NN proposal ) ) ) ) ) ) ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ-2 ( PRP they ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ loath ) ( S ( VP ( TO to ) ( VP ( VB buck ) ( NP ( NNP Sen. ) ( NNP Mitchell ) ) ) ) ) ) ) ) ) ) ) ) ) )

White House officials acknowledged yesterday that Democrats still are reluctant to publicly express support for the Packwood-Roth capital gains proposal because they are loath to buck Sen. Mitchell


( S ( PP ( IN As ) ( NP ( DT a ) ( NN result ) ) ) ( NP-SBJ ( DT the ) ( NNS officials ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ open ) ( PP ( TO to ) ( S-NOM ( VP ( VBG making ) ( NP ( NP ( DT a ) ( NN variety ) ) ( PP ( IN of ) ( NP ( NP ( NNS deals ) ) ( PP ( IN with ) ( NP ( NNP Senate ) ( NNPS Democrats ) ) ) ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB win ) ( NP ( NP ( PRP$ their ) ( NN support ) ) ( PP ( IN for ) ( NP ( DT a ) ( JJ capital-gains ) ( NN tax ) ( NN cut ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

As a result the officials said they are open to making a variety of deals with Senate Democrats to win their support for a capital-gains tax cut


( S ( S-TPC-2 ( NP-SBJ-3 ( NP ( NNPS Democrats ) ) ( VP ( VBD asked ) ( PRT ( RP in ) ) ( NP-TMP ( DT this ) ( NN week ) ) ( PP ( IN for ) ( NP ( NP ( NNS discussions ) ) ( PP ( IN with ) ( NP ( NNP President ) ( NNP Bush ) ) ) ) ) ) ) ( VP ( VBP have ) ( VP ( VBN suggested ) ( NP ( NP ( NNS ways ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG tinkering ) ( PP-CLR ( IN with ) ( NP ( DT the ) ( NNP Packwood-Roth ) ( NN proposal ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG suggesting ) ( NP ( NP ( DT an ) ( NN interest ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG looking ) ( PP-CLR ( IN for ) ( NP ( NP ( DT a ) ( VBN modified ) ( NN version ) ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( MD can ) ( VP ( VB back ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( CD one ) ( NN official ) ) ( VP ( VBD said ) ) )

Democrats asked in this week for discussions with President Bush have suggested ways of tinkering with the Packwood-Roth proposal suggesting an interest in looking for a modified version they can back one official said


( S ( PP ( IN In ) ( NP ( NN addition ) ) ) ( NP-SBJ ( NNP White ) ( NNP House ) ( NNS aides ) ) ( VP ( VBP think ) ( SBAR ( IN that ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( NP ( JJ numerous ) ( JJ other ) ( JJ important ) ( NNS measures ) ) ( SBAR ( S ( NP-SBJ ( NNPS Democrats ) ) ( ADVP ( RB badly ) ) ( VP ( VBD wanted ) ( S ( VP ( VBN passed ) ) ) ) ) ) ) ( PRN ( PP ( JJ such ) ( IN as ) ( NP ( NP ( DT the ) ( NN scaling ) ( RB back ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( JJ controversial ) ( JJ catastrophic ) ( JJ health-care ) ( NN plan ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ elderly ) ) ) ) ) ) ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( MD might ) ( VP ( VB provide ) ( NP ( DT the ) ( NN president ) ) ( NP ( NP ( NN leverage ) ) ( PP-LOC ( IN in ) ( S-NOM ( VP ( VBG cutting ) ( NP ( NP ( NNS deals ) ) ( PP ( IN with ) ( NP ( NNPS Democrats ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

In addition White House aides think that there are numerous other important measures Democrats badly wanted passed such as the scaling back of a controversial catastrophic health-care plan for the elderly that might provide the president leverage in cutting deals with Democrats


( S ( NP-SBJ-1 ( DT A ) ( JJ capital-gains ) ( NN tax ) ( NN cut ) ) ( VP ( MD might ) ( VP ( VB be ) ( VP ( VBN paired ) ( PP-CLR ( IN with ) ( NP ( JJ such ) ( NNS measures ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB help ) ( S ( VP ( VB ensure ) ( NP ( NN passage ) ) ) ) ) ) ) ) ) ) )

A capital-gains tax cut might be paired with such measures to help ensure passage


( S ( NP-SBJ ( JJ Other ) ( NNS possibilities ) ) ( VP ( VBP include ) ( NP ( NP ( DT a ) ( JJ child-care ) ( NN initiative ) ) ( CC and ) ( NP ( NP ( DT an ) ( NN increase ) ) ( PP ( IN in ) ( NP ( DT the ) ( JJ minimum ) ( NN wage ) ) ) ) ) ) )

Other possibilities include a child-care initiative and an increase in the minimum wage


( S ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( MD ca ) ( RB n't ) ( VP ( VB secure ) ( NP ( NP ( JJ immediate ) ( NN passage ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ capital-gains ) ( NN plan ) ) ) ) ) ) ) ) ( NP-SBJ-1 ( NN administration ) ( NNS officials ) ) ( ADVP ( RB also ) ) ( VP ( VBP are ) ( RB n't ) ( VP ( VBG ruling ) ( PRT ( RP out ) ) ( S ( VP ( VBG making ) ( NP ( DT a ) ( NN deal ) ) ( PP-CLR ( IN with ) ( NP ( NNP Congress ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB put ) ( PRT ( RP off ) ) ( NP ( DT a ) ( NN vote ) ) ( PP-TMP ( IN until ) ( NP ( NP ( NP ( DT a ) ( JJ firm ) ( NN date ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( NN future ) ) ) ) ( NP ( RB even ) ( JJ next ) ( NN year ) ) ) ) ) ) ) ) ) ) ) )

If they ca n't secure immediate passage of a capital-gains plan administration officials also are n't ruling out making a deal with Congress to put off a vote until a firm date in the future even next year


( S ( CC But ) ( NP-SBJ ( DT the ) ( NNS officials ) ) ( VP ( VBP insist ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NP ( PDT such ) ( DT a ) ( NN deal ) ) ( PP ( IN on ) ( NP ( DT a ) ( JJ future ) ( NN vote ) ) ) ) ( VP ( MD would ) ( VP ( VB have ) ( S ( VP ( TO to ) ( VP ( VB apply ) ( PP-CLR ( TO to ) ( NP ( PDT both ) ( NP ( DT the ) ( NNP House ) ) ( CC and ) ( NP ( DT the ) ( NNP Senate ) ) ) ) ) ) ) ) ) ) ) ) )

But the officials insist that such a deal on a future vote would have to apply to both the House and the Senate


( S ( NP-SBJ ( NNP Gerald ) ( NNP F. ) ( NNP Seib ) ) ( VP ( VBD contributed ) ( PP-CLR ( TO to ) ( NP ( DT this ) ( NN article ) ) ) ) )

Gerald F. Seib contributed to this article


( S ( NP-SBJ ( JJ Japanese ) ( NN immigration ) ( NNS authorities ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD found ) ( NP ( QP ( CD 658 ) ( JJR more ) ) ( NNP Chinese ) ) ( PP ( IN among ) ( NP ( JJ Vietnamese ) ( NN boat ) ( NNS people ) ) ) ( S-ADV ( VP ( VBG bringing ) ( NP ( NP ( DT the ) ( NN number ) ) ( PP ( IN of ) ( NP ( NP ( NNP Chinese ) ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB enter ) ( NP ( NNP Japan ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG posing ) ( PP-CLR ( IN as ) ( NP ( JJ Vietnamese ) ( NNS refugees ) ) ) ) ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ) ) ) ) ) ( PP-CLR ( TO to ) ( NP ( CD 1,642 ) ) ) ) ) ) ) ) ) )

Japanese immigration authorities said they found 658 more Chinese among Vietnamese boat people bringing the number of Chinese trying to enter Japan by posing as Vietnamese refugees this year to 1,642


( S ( S-TPC-2 ( NP-SBJ-1 ( NNP Japan ) ) ( VP ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VB send ) ( NP ( DT the ) ( NNP Chinese ) ) ( ADVP-DIR ( RB back ) ( NN home ) ) ) ) ) ) ( CC and ) ( VP ( VBZ is ) ( VP ( VBG negotiating ) ( PP ( IN with ) ( NP ( DT the ) ( JJ Chinese ) ( NN government ) ) ) ) ) ) ) ( NP-SBJ ( DT a ) ( NNP Justice ) ( NNP Ministry ) ( NN official ) ) ( VP ( VBD said ) ) )

Japan plans to send the Chinese back home and is negotiating with the Chinese government a Justice Ministry official said


( S ( S-TPC-2 ( NP-SBJ ( DT The ) ( NNP Chinese ) ) ( VP ( VBD were ) ( PP-PRD ( IN among ) ( NP ( NP ( CD 3,372 ) ( NN boat ) ( NNS people ) ) ( PP ( RB supposedly ) ( IN from ) ( NP ( NNP Vietnam ) ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD arrived ) ( PP-LOC-CLR ( IN in ) ( NP ( NNP Japan ) ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( CD 219 ) ) ( PP ( IN for ) ( NP ( NP ( DT all ) ) ( PP ( IN of ) ( NP ( CD 1988 ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN official ) ) ( VP ( VBD said ) ) )

The Chinese were among 3,372 boat people supposedly from Vietnam who arrived in Japan this year compared with 219 for all of 1988 the official said


( S ( S-TPC-3 ( NP-SBJ-1 ( NP ( DT The ) ( CD 658 ) ( NNP Chinese ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( VBP have ) ( VP ( VBN been ) ( PP-LOC-PRD ( IN in ) ( NP ( DT a ) ( NN refugee-assistance ) ( NN center ) ) ) ) ) ) ) ) ( VP ( VBD were ) ( VP ( VBN sent ) ( PP-DIR ( TO to ) ( NP ( NN immigration ) ( NNS facilities ) ) ) ( NP-TMP ( NN yesterday ) ) ( PP ( IN pending ) ( NP ( NP ( NN deportation ) ) ( PP ( TO to ) ( NP ( NNP China ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN official ) ) ( VP ( VBD said ) ) )

The 658 Chinese who have been in a refugee-assistance center were sent to immigration facilities yesterday pending deportation to China the official said


( S ( PP-TMP ( IN On ) ( NP ( NNP Sept. ) ( CD 13 ) ) ) ( NP-SBJ-1 ( NNP Japan ) ) ( VP ( VBD began ) ( NP ( NP ( DT a ) ( NN policy ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG screening ) ( NP ( NN boat ) ( NNS people ) ) ) ) ) ) ( S-ADV ( VP ( VBG accepting ) ( NP ( NP ( RB only ) ( DT those ) ) ( ADJP ( VBN deemed ) ( S ( VP ( TO to ) ( VP ( VB be ) ( NP-PRD ( JJ political ) ( NNS refugees ) ) ) ) ) ) ) ) ) ) )

On Sept. 13 Japan began a policy of screening boat people accepting only those deemed to be political refugees


( S ( NP-SBJ ( NP ( NNP Francoise ) ( NNP Verne ) ) ( NP ( NP ( JJ 52-year-old ) ( JJ former ) ( JJ deputy ) ( NN director ) ) ( PP ( IN of ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( NN mint ) ) ) ) ) ( VP ( VBZ faces ) ( NP ( NN prison ) ) ( PP ( IN for ) ( NP ( NP ( PRP$ her ) ( NN theft ) ) ( PP ( IN of ) ( NP ( QP ( DT some ) ( CD 67 ) ) ( JJ rare ) ( NNS coins ) ) ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( NN mint ) ( POS 's ) ) ( NNS collections ) ) ) ) ) ) )

Francoise Verne 52-year-old former deputy director of France 's mint faces prison for her theft of some 67 rare coins from the mint 's collections


( S ( S-ADV ( ADJP-PRD ( JJ Second ) ( PP ( IN in ) ( NP ( NN command ) ) ) ) ( PP-TMP ( PP ( IN from ) ( NP ( CD 1979 ) ) ) ( PP ( TO to ) ( NP ( CD 1984 ) ) ) ) ) ( NP-SBJ-2 ( NNP Mrs. ) ( NNP Verne ) ) ( VP ( VBD told ) ( NP ( DT a ) ( NNP Paris ) ( NN court ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( JJ great ) ( NN disorder ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD reigned ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NN agency ) ) ) ) ) ) ) ( VP ( VBD led ) ( NP ( PRP her ) ) ( PP-DIR ( IN into ) ( NP ( NN temptation ) ) ) ) ) ) ) )

Second in command from 1979 to 1984 Mrs. Verne told a Paris court that the great disorder that reigned at the agency led her into temptation


( S ( PP-TMP ( IN Before ) ( NP ( NP ( DT an ) ( NN inventory ) ) ( PP-TMP ( IN in ) ( NP ( CD 1984 ) ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD showed ) ( NP ( NP ( DT the ) ( NN disappearance ) ) ( PP ( IN of ) ( NP ( NP ( CD 944 ) ( NNS coins ) ) ( VP ( VBN valued ) ( PP-CLR ( IN at ) ( NP ( NP ( QP ( IN about ) ( CD 2.9 ) ( CD million ) ) ( NNP French ) ( NNS francs ) ) ( PRN ( NP ( QP ( IN about ) ( CD 465,000 ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( EX there ) ) ( VP ( VBD had ) ( RB n't ) ( VP ( VBN been ) ( NP-PRD ( DT any ) ( NN stock-taking ) ) ( PP-TMP ( IN since ) ( NP ( CD 1868 ) ) ) ) ) )

Before an inventory in 1984 that showed the disappearance of 944 coins valued at about 2.9 million French francs about 465,000 there had n't been any stock-taking since 1868


( S ( NP-SBJ ( NP ( NNP Tony ) ( NNP Lambert ) ) ( NP ( NP ( NNP Mrs. ) ( NNP Verne ) ( POS 's ) ) ( NN successor ) ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( NP ( NP ( DT the ) ( NN mint ) ( POS 's ) ) ( NNS losses ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN theft ) ) ) ) ( VP ( VBP run ) ( PP-CLR ( IN into ) ( NP ( NP ( DT the ) ( NNS hundreds ) ) ( PP ( IN of ) ( NP ( NNS thousands ) ) ) ( PP ( IN of ) ( NP ( NNS francs ) ) ) ) ) ) ) ) ) )

Tony Lambert Mrs. Verne 's successor says the mint 's losses from the theft run into the hundreds of thousands of francs


( S ( S-TPC-2 ( NP-SBJ ( NNP El ) ( NNP Salvador ) ) ( VP ( VBZ is ) ( VP ( VBG destroying ) ( NP ( NP ( QP ( RBR more ) ( IN than ) ( CD 1.6 ) ( CD million ) ) ( NNS pounds ) ) ( PP ( IN of ) ( NP ( NP ( NN food ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD had ) ( VP ( VBN rotted ) ( PP-LOC ( IN in ) ( NP ( NN government ) ( NNS warehouses ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NN government ) ( NNS officials ) ) ( VP ( VBD said ) ) )

El Salvador is destroying more than 1.6 million pounds of food that had rotted in government warehouses government officials said


( S ( S-TPC-2 ( NP-SBJ-3 ( DT The ) ( NN state ) ( NNP Supply ) ( NNP Regulator ) ( NNP Institute ) ) ( VP ( VBZ is ) ( S ( VP ( TO to ) ( VP ( VB burn ) ( NP ( NP ( NN rice ) ( NN corn ) ( CC and ) ( NNS beans ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD spoiled ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( NN neglect ) ( CC and ) ( NN corruption ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ previous ) ( NNP Christian ) ( NNP Democrat ) ( NN government ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( DT a ) ( NN statement ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN information ) ( NN service ) ( NNP SISAL ) ) ) ) ( VP ( VBD said ) ) )

The state Supply Regulator Institute is to burn rice corn and beans that spoiled because of neglect and corruption in the previous Christian Democrat government a statement from the information service SISAL said


( S ( S-TPC-3 ( PP-TMP ( IN During ) ( NP ( DT the ) ( JJ past ) ( NN administration ) ) ) ( NP-SBJ-2 ( DT the ) ( NNS foodstuffs ) ) ( VP ( VBD were ) ( VP ( VP ( ADVP-TMP ( RB first ) ) ( VBN bought ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NN institute ) ) ) ) ( VP ( ADVP-TMP ( RB then ) ) ( VBN sold ) ( PP-CLR ( IN at ) ( NP ( JJ low ) ( NNS prices ) ) ) ( PP-DTV ( TO to ) ( NP ( NP ( JJ unscrupulous ) ( NNS businessmen ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP resold ) ( NP ( PRP them ) ) ( PP-DTV ( TO to ) ( NP ( DT the ) ( NN institute ) ) ) ( PP-CLR ( IN at ) ( NP ( JJ inflated ) ( NNS prices ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN statement ) ) ( VP ( VBD said ) ) )

During the past administration the foodstuffs were first bought by the institute then sold at low prices to unscrupulous businessmen who resold them to the institute at inflated prices the statement said


( S ( NP-SBJ-2 ( DT A ) ( JJ black-draped ) ( NN cruise ) ( NN liner ) ) ( VP ( VBD sailed ) ( PP-DIR ( IN into ) ( NP ( NNP Naples ) ) ) ( NP-TMP ( NN yesterday ) ) ( S-ADV ( VP ( VBG bringing ) ( NP ( NP ( CD 800 ) ( NNPS Libyans ) ) ( VP ( JJ threatening ) ( NP ( NP ( NN vengeance ) ) ( SBAR-ADV ( IN if ) ( S ( NP-SBJ-1 ( NNP Italy ) ) ( VP ( VBZ refuses ) ( S ( VP ( TO to ) ( VP ( VB pay ) ( NP ( NP ( NN compensation ) ) ( PP ( IN for ) ( NP ( NP ( QP ( RBR more ) ( IN than ) ( CD 30 ) ) ( NNS years ) ) ( PP ( IN of ) ( NP ( NN colonial ) ( NN rule ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

A black-draped cruise liner sailed into Naples yesterday bringing 800 Libyans threatening vengeance if Italy refuses to pay compensation for more than 30 years of colonial rule


( S ( NP-SBJ-2 ( QP ( DT Another ) ( CD 250 ) ) ( NNPS Libyans ) ) ( VP ( VBD were ) ( ADVP ( RB already ) ) ( PP-LOC-PRD ( IN in ) ( NP ( NNP Italy ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB stage ) ( NP ( NP ( DT a ) ( NN day ) ) ( PP ( IN of ) ( NP ( NP ( VBG mourning ) ) ( PP ( IN for ) ( NP ( NP ( NNS victims ) ) ( PP ( IN of ) ( NP ( NP ( NP ( NNP Italy ) ( POS 's ) ) ( NN colonial ) ( NN rule ) ) ( PP-TMP ( IN between ) ( NP ( NP ( CD 1911 ) ( CC and ) ( CD 1943 ) ) ( SBAR ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( NNP Tripoli ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( NNP Rome ) ) ( VP ( VP ( VBD kidnapped ) ( NP ( CD 5,000 ) ( NNPS Libyans ) ) ) ( CC and ) ( VP ( VBD deported ) ( NP ( PRP them ) ) ( PP-CLR ( RB as ) ( NP ( VBN forced ) ( NN labor ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Another 250 Libyans were already in Italy to stage a day of mourning for victims of Italy 's colonial rule between 1911 and 1943 when Tripoli says Rome kidnapped 5,000 Libyans and deported them as forced labor


( S ( NP-SBJ ( NP ( NNP Libya ) ( POS 's ) ) ( JJ revolutionary ) ( NNS Committees ) ) ( VP ( VBP have ) ( VP ( VBN threatened ) ( NP ( NP ( NNS attacks ) ) ( PP ( IN on ) ( NP ( NNPS Italians ) ) ) ) ( SBAR-ADV ( IN if ) ( S ( NP-SBJ ( NNP Rome ) ) ( VP ( VBZ does ) ( RB n't ) ( VP ( VB pay ) ( NP ( NN compensation ) ) ) ) ) ) ) ) )

Libya 's revolutionary Committees have threatened attacks on Italians if Rome does n't pay compensation


( S ( CC But ) ( NP-SBJ ( NP ( NNS officials ) ) ( PP-LOC ( IN in ) ( NP ( NNP Rome ) ) ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NN issue ) ) ( VP ( VBD was ) ( VP ( ADVP-MNR ( RB legally ) ) ( VBN resolved ) ( PP ( IN by ) ( NP-LGS ( NP ( DT a ) ( NN settlement ) ) ( PP ( IN between ) ( NP ( NP ( NNP Italy ) ) ( CC and ) ( NP ( NP ( NNP King ) ( NNP Idris ) ) ( VP ( VBN deposed ) ( PP ( IN by ) ( NP-LGS ( NNP Col. ) ( NNP Muammar ) ( NNP Gadhafi ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1969 ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

But officials in Rome say the issue was legally resolved by a settlement between Italy and King Idris deposed by Col. Muammar Gadhafi in 1969


( S ( S-TPC-1 ( NP-SBJ ( NNP Canadian ) ( NNPS Indians ) ) ( VP ( VBP are ) ( VP ( VBG taking ) ( NP ( CD five ) ( NNS countries ) ) ( PP-CLR ( TO to ) ( NP ( NN court ) ) ) ( PP ( IN in ) ( NP ( DT a ) ( NN bid ) ( S ( VP ( TO to ) ( VP ( VB stop ) ( NP ( NP ( JJ low ) ( JJ military ) ( NNS flights ) ) ( PP-LOC ( IN over ) ( NP ( PRP$ their ) ( NNS homes ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NNP Dutch ) ( NNP Defense ) ( NNP Ministry ) ) ( VP ( VBD said ) ) )

Canadian Indians are taking five countries to court in a bid to stop low military flights over their homes the Dutch Defense Ministry said


( S ( S-TPC-1 ( NP-SBJ ( NP ( NNS Representatives ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Inuit ) ( CC and ) ( NNP Cree ) ( NNS peoples ) ) ( VP ( VBG living ) ( PP-LOC-CLR ( IN in ) ( NP ( NP ( NNP Quebec ) ( CC and ) ( NNP Labrador ) ) ( PP-LOC ( IN in ) ( NP ( JJ northeastern ) ( NNP Canada ) ) ) ) ) ) ) ) ) ( VP ( VBD told ) ( NP ( DT the ) ( NN ministry ) ) ( PP-CLR ( IN of ) ( NP ( DT the ) ( VBN planned ) ( NN action ) ) ) ( PP-LOC ( IN at ) ( NP ( DT a ) ( NN meeting ) ) ) ) ) ( NP-SBJ ( DT a ) ( NN ministry ) ( NN spokesman ) ) ( VP ( VBD said ) ) )

Representatives of the Inuit and Cree peoples living in Quebec and Labrador in northeastern Canada told the ministry of the planned action at a meeting a ministry spokesman said


( S ( S-TPC-2 ( NP-SBJ-1 ( PRP They ) ) ( ADVP ( RB also ) ) ( VP ( VBD wanted ) ( S ( VP ( TO to ) ( VP ( VB prevent ) ( NP ( NP ( DT a ) ( NNP NATO ) ( NN training ) ( NN base ) ) ( VP ( VBG being ) ( VP ( VBN built ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN region ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) )

They also wanted to prevent a NATO training base being built in the region he said


( S ( S-TPC-1 ( NP-SBJ ( DT The ) ( NN action ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Canadian ) ( NNP Federal ) ( NNP Court ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( PP-PRD ( IN against ) ( NP ( NP ( NNP Canada ) ) ( NP ( DT the ) ( NNP Netherlands ) ) ( NP ( NNP West ) ( NNP Germany ) ) ( NP ( NNP Britain ) ) ( CC and ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN ministry ) ( NN spokesman ) ) ( VP ( VBD said ) ) )

The action in the Canadian Federal Court will be against Canada the Netherlands West Germany Britain and the U.S. the ministry spokesman said


( S ( S-TPC-1 ( NP-SBJ-2 ( NNP Japan ) ) ( VP ( VBD suspended ) ( NP ( NP ( NNS imports ) ) ( PP ( IN of ) ( NP ( NNP French ) ( NNS mushrooms ) ) ) ) ( PP-TMP ( IN after ) ( S-NOM ( VP ( VBG finding ) ( S ( NP-SBJ ( DT some ) ) ( ADJP-PRD ( VBN contaminated ) ( PP ( IN by ) ( NP ( NN radiation ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( DT an ) ( NN official ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Ministry ) ) ( PP ( IN of ) ( NP ( NNP Health ) ( CC and ) ( NNP Welfare ) ) ) ) ) ) ( VP ( VBD said ) ) )

Japan suspended imports of French mushrooms after finding some contaminated by radiation an official of the Ministry of Health and Welfare said


( S ( S-TPC-1 ( NP-SBJ ( NNP Japan ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG testing ) ( NP ( NP ( VBN imported ) ( NN food ) ) ( PP ( IN from ) ( NP ( NNP Europe ) ) ) ) ( PP-TMP ( IN since ) ( NP ( NP ( DT the ) ( NNP April ) ( CD 1986 ) ( NNP Chernobyl ) ( NN accident ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Soviet ) ( NNP Union ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN spokesman ) ) ( VP ( VBD said ) ) )

Japan has been testing imported food from Europe since the April 1986 Chernobyl accident in the Soviet Union the spokesman said


( S ( PP-TMP ( IN Since ) ( ADVP ( RB then ) ) ) ( NP-SBJ ( DT the ) ( NN ministry ) ) ( VP ( VBZ has ) ( VP ( VBN announced ) ( NP ( NP ( CD 50 ) ( NNS bans ) ) ( PP ( IN on ) ( NP ( NP ( NN food ) ( NNS imports ) ) ( PP ( IN from ) ( NP ( NP ( JJ European ) ( NNS countries ) ) ( PP ( VBG including ) ( NP ( NP ( NNP Italy ) ) ( NP ( NNP Spain ) ) ( NP ( NNP Turkey ) ) ( NP ( NNP Greece ) ) ( CC and ) ( NP ( DT the ) ( NNP Soviet ) ( NNP Union ) ) ) ) ) ) ) ) ) ) ) )

Since then the ministry has announced 50 bans on food imports from European countries including Italy Spain Turkey Greece and the Soviet Union


( S ( NP-SBJ ( DT The ) ( NNP Venice ) ( NN city ) ( NN council ) ) ( VP ( VBZ is ) ( VP ( VBG battling ) ( NP ( NP ( NNS plans ) ( S ( VP ( TO to ) ( VP ( VB tap ) ( NP ( NP ( JJ huge ) ( NN gas ) ( NNS fields ) ) ( PP-LOC ( IN off ) ( NP ( DT the ) ( NN coast ) ) ) ) ) ) ) ) ( SBAR ( WHNP-1 ( IN that ) ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ says ) ( SBAR ( S ( VP ( MD will ) ( VP ( VB speed ) ( PRT ( RP up ) ) ( NP ( NP ( NP ( DT the ) ( NN city ) ( POS 's ) ) ( JJ slow ) ( NN sinking ) ) ( PP-DIR ( IN into ) ( NP ( PRP$ its ) ( NN lagoon ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The Venice city council is battling plans to tap huge gas fields off the coast that it says will speed up the city 's slow sinking into its lagoon


( S ( NP-SBJ ( NP ( NNP AGIP ) ) ( NP ( DT the ) ( JJ state-owned ) ( NN energy ) ( NN giant ) ) ) ( VP ( VBD made ) ( NP ( NP ( DT the ) ( NN announcement ) ) ( PP ( IN about ) ( NP ( DT the ) ( NN gas ) ( NN field ) ) ) ) ( NP-TMP ( JJ last ) ( NN month ) ) ) )

AGIP the state-owned energy giant made the announcement about the gas field last month


( S ( S-ADV ( VP ( VBN Located ) ( ADVP-LOC ( NP ( CD six ) ( NNS miles ) ) ( RB northeast ) ( PP ( IN of ) ( NP ( NNP Venice ) ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( NN field ) ) ( VP ( VBZ contains ) ( NP ( NP ( NP ( QP ( CD 875 ) ( CD billion ) ) ( JJ cubic ) ( NNS feet ) ) ( PP ( IN of ) ( NP ( NN methane ) ( NN gas ) ) ) ) ( NP ( NP ( NN one-tenth ) ) ( PP ( IN of ) ( NP ( NP ( NNP Italy ) ( POS 's ) ) ( NNS reserves ) ) ) ) ) ) )

Located six miles northeast of Venice the field contains 875 billion cubic feet of methane gas one-tenth of Italy 's reserves


( S ( NP-SBJ ( JJ Alarmed ) ( NNS councilors ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN project ) ) ( VP ( MD could ) ( VP ( VB jeopardize ) ( NP ( JJ costly ) ( NNS efforts ) ( S ( VP ( TO to ) ( VP ( VP ( VB stop ) ) ( CC or ) ( VP ( VB slow ) ( PRT ( RP down ) ) ) ( NP-2 ( NP ( DT the ) ( NN subsidence ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ makes ) ( S ( NP-SBJ ( NNP Venice ) ) ( ADJP-PRD ( JJ subject ) ( PP ( TO to ) ( NP ( ADJP ( JJ regular ) ( CC and ) ( JJ destructive ) ) ( NN flooding ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Alarmed councilors say the project could jeopardize costly efforts to stop or slow down the subsidence that makes Venice subject to regular and destructive flooding


( S ( NP-SBJ ( DT The ) ( NN council ) ) ( VP ( VP ( ADVP-MNR ( RB unanimously ) ) ( VBD opposed ) ( NP ( NP ( DT the ) ( NN idea ) ) ( PP ( IN of ) ( NP ( NP ( NNP AGIP ) ) ( VP ( VBG pumping ) ( PRT ( RP out ) ) ( NP ( DT the ) ( NN methane ) ( NN gas ) ) ) ) ) ) ) ( CC and ) ( VP ( ADVP-MNR ( RB swiftly ) ) ( VBD appealed ) ( PP-CLR ( PP ( TO to ) ( NP ( DT the ) ( NN company ) ) ) ( CC and ) ( PP ( TO to ) ( NP ( NP ( NNP Prime ) ( NNP Minister ) ( NNP Giulio ) ( NNP Andreotti ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ has ) ( ADVP-CLR ( RB yet ) ) ( S ( VP ( TO to ) ( VP ( VB reply ) ) ) ) ) ) ) ) ) ) ) ) )

The council unanimously opposed the idea of AGIP pumping out the methane gas and swiftly appealed to the company and to Prime Minister Giulio Andreotti who has yet to reply


( S ( NP-SBJ-1 ( NNP AGIP ) ) ( VP ( VP ( VBD refused ) ( S ( VP ( TO to ) ( VP ( VB reconsider ) ) ) ) ) ( CC and ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ-2 ( NN drilling ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ due ) ( S ( VP ( TO to ) ( VP ( VB start ) ( NP-TMP-CLR ( JJ early ) ( JJ next ) ( NN year ) ) ) ) ) ) ) ) ) ) ) )

AGIP refused to reconsider and says drilling is due to start early next year


( SINV ( S-TPC-1 ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( RB unlikely ) ( SBAR ( S ( S-NOM-SBJ ( VP ( VBG extracting ) ( NP ( DT the ) ( NN gas ) ) ) ) ( VP ( MD will ) ( VP ( VB cause ) ( NP ( NN subsidence ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( DT a ) ( NN spokeswoman ) ) )

It 's unlikely extracting the gas will cause subsidence says a spokeswoman


( S ( S-TPC-2 ( NP-SBJ-3 ( NNS Thieves ) ) ( VP ( VBD stole ) ( NP ( DT a ) ( JJ 12th ) ( NN century ) ( NN fresco ) ) ( PP-CLR ( IN from ) ( NP ( NP ( DT an ) ( VBN abandoned ) ( NN church ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Camerino ) ) ( NP ( NNP Italy ) ) ) ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG removing ) ( NP ( NP ( DT the ) ( JJ entire ) ( NN wall ) ) ( SBAR ( WHPP-4 ( IN on ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ-1 ( DT the ) ( NN work ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBN painted ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNS police ) ) ( VP ( VBD said ) ) )

Thieves stole a 12th century fresco from an abandoned church in Camerino Italy by removing the entire wall on which the work had been painted police said


( S ( NP-SBJ ( NP ( NNP West ) ( NNP Germany ) ( POS 's ) ) ( NNP BMW ) ) ( VP ( VBD commissioned ) ( S ( NP-SBJ ( DT the ) ( NNP Nuremberg ) ( NN post ) ( NN office ) ) ( VP ( TO to ) ( VP ( VB test ) ( NP ( DT a ) ( NN prototype ) ( JJ battery-powered ) ( NN car ) ) ) ) ) ) )

West Germany 's BMW commissioned the Nuremberg post office to test a prototype battery-powered car


( S ( NP-SBJ-1 ( DT The ) ( NN vehicle ) ) ( VP ( VP ( VBZ has ) ( NP ( NP ( DT a ) ( JJ top ) ( NN speed ) ) ( PP ( IN of ) ( NP ( NP ( CD 65 ) ( NNS miles ) ) ( NP-ADV ( DT an ) ( NN hour ) ) ) ) ) ) ( CC and ) ( VP ( VBZ requires ) ( S ( VP ( VBG recharging ) ( PP ( IN from ) ( NP ( DT a ) ( JJ standard ) ( NN wall ) ( NN socket ) ) ) ( NP-TMP ( QP ( DT every ) ( CD 100 ) ) ( NNS miles ) ) ) ) ) ) )

The vehicle has a top speed of 65 miles an hour and requires recharging from a standard wall socket every 100 miles


( S ( NP-SBJ-1 ( NNP MGM ) ( NNP Grand ) ( NNP Inc. ) ) ( VP ( VBZ has ) ( VP ( VBN agreed ) ( S ( VP ( TO to ) ( VP ( VB pay ) ( NP ( NP ( QP ( CD 93 ) ( CD million ) ) ) ( CC and ) ( NP ( QP ( RB nearly ) ( CD 1.8 ) ( CD million ) ) ( JJ common ) ( NNS shares ) ) ) ( S-PRP-CLR ( VP ( TO to ) ( VP ( VB buy ) ( NP ( NP ( CD 117 ) ( NNS acres ) ) ( PP ( IN of ) ( NP ( NP ( NN land ) ) ( PP-LOC ( IN along ) ( NP ( DT the ) ( NAC-LOC ( NNP Las ) ( NNP Vegas ) ( NNP Nev. ) ) ( NNP Strip ) ) ) ) ) ) ( PP-PRP ( IN as ) ( NP ( NP ( DT a ) ( NN site ) ) ( PP ( IN for ) ( NP ( PRP$ its ) ( VBN planned ) ( ADJP ( NN movie-studio ) ( CC and ) ( NN theme-park ) ) ( NN resort ) ) ) ) ) ) ) ) ) ) ) ) ) )

MGM Grand Inc. has agreed to pay 93 million and nearly 1.8 million common shares to buy 117 acres of land along the Las Vegas Nev. Strip as a site for its planned movie-studio and theme-park resort


( S ( PP-TPC-1 ( IN Of ) ( NP ( DT the ) ( JJ total ) ( NN purchase ) ( NN price ) ) ) ( NP-SBJ-2 ( NP ( NP ( ADJP ( QP ( CD 50 ) ( CD million ) ) ) ( NN cash ) ) ( CC and ) ( NP ( NP ( NP ( QP ( CD 30 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NN stock ) ) ) ) ( PRN ( NP ( QP ( RB nearly ) ( CD 1.8 ) ( CD million ) ) ( NNS shares ) ) ) ) ) ) ( VP ( MD would ) ( VP ( VB be ) ( VP ( VBN paid ) ( S-PRP-CLR ( VP ( TO to ) ( VP ( VB buy ) ( NP ( DT the ) ( VBG existing ) ( JJ 700-room ) ( NNP Marina ) ( NNP Hotel ) ( CC & ) ( NNP Casino ) ) ( PP-CLR ( IN from ) ( NP ( NP ( NNP Southwest ) ( NNPS Securities ) ) ( NP ( DT a ) ( NNP Nevada ) ( VBD limited ) ( NN partnership ) ) ) ) ) ) ) ) ) ) )

Of the total purchase price 50 million cash and 30 million in stock nearly 1.8 million shares would be paid to buy the existing 700-room Marina Hotel & Casino from Southwest Securities a Nevada limited partnership


( S ( NP-SBJ ( NP ( DT The ) ( VBG remaining ) ( NNS properties ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN acquired ) ) ) ) ) ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( NP ( DT the ) ( NNP Tropicana ) ( NNP Country ) ( NNP Club ) ( CC & ) ( NNP Golf ) ( NNP Course ) ) ( NP ( NP ( DT a ) ( NN facility ) ) ( VP ( ADVP-MNR ( RB jointly ) ) ( VBN owned ) ( PP ( IN by ) ( NP-LGS ( NP ( NP ( NNP Ramada ) ( NNP Inc. ) ) ( PP ( IN of ) ( NP ( NP ( NNP Phoenix ) ) ( NP ( NNP Ariz. ) ) ) ) ) ( CC and ) ( NP ( DT the ) ( NNP Jaffe ) ( NN family ) ) ) ) ) ) ) ( CC and ) ( NP ( NP ( DT a ) ( JJ small ) ( NN parcel ) ) ( VP ( VBN owned ) ( PP ( IN by ) ( NP-LGS ( NNP MGM ) ( NNP Grand ) ( NN director ) ( NNP James ) ( NNP D. ) ( NNP Aljian ) ) ) ) ) ) ) )

The remaining properties to be acquired are the Tropicana Country Club & Golf Course a facility jointly owned by Ramada Inc. of Phoenix Ariz. and the Jaffe family and a small parcel owned by MGM Grand director James D. Aljian


( S ( NP-SBJ-1 ( DT The ) ( NN purchase ) ( NN price ) ) ( VP ( VBD was ) ( VP ( VBN disclosed ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( JJ preliminary ) ( NN prospectus ) ) ( VP ( VBN issued ) ( PP-MNR ( IN in ) ( NP ( NP ( NN connection ) ) ( PP ( IN with ) ( NP ( NP ( NP ( NNP MGM ) ( NNP Grand ) ( POS 's ) ) ( VBN planned ) ( NN offering ) ) ( PP ( IN of ) ( NP ( QP ( CD six ) ( CD million ) ) ( JJ common ) ( NNS shares ) ) ) ) ) ) ) ) ) ) ) ) )

The purchase price was disclosed in a preliminary prospectus issued in connection with MGM Grand 's planned offering of six million common shares


( S ( NP-SBJ ( NP ( DT The ) ( NN luxury ) ( NN airline ) ( CC and ) ( NN casino ) ( NN company ) ) ( ADJP ( JJ 98.6%-owned ) ( PP ( IN by ) ( NP ( NP ( NN investor ) ( NNP Kirk ) ( NNP Kerkorian ) ) ( CC and ) ( NP ( PRP$ his ) ( NNP Tracinda ) ( NNP Corp. ) ) ) ) ) ) ( NP-TMP ( RBR earlier ) ( DT this ) ( NN month ) ) ( VP ( VP ( VBD announced ) ( NP ( PRP$ its ) ( NNS agreements ) ( S ( VP ( TO to ) ( VP ( VB acquire ) ( NP ( DT the ) ( NNS properties ) ) ) ) ) ) ) ( CC but ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB disclose ) ( NP ( DT the ) ( NN purchase ) ( NN price ) ) ) ) ) )

The luxury airline and casino company 98.6%-owned by investor Kirk Kerkorian and his Tracinda Corp. earlier this month announced its agreements to acquire the properties but did n't disclose the purchase price


( S ( NP-SBJ ( NP ( DT The ) ( VBN proposed ) ( NX ( NX ( NN stock ) ( VBG offering ) ) ( CC and ) ( NX ( NX ( NN issuance ) ) ( PP ( IN of ) ( NP ( QP ( RB nearly ) ( CD 1.8 ) ( CD million ) ) ( JJ common ) ( NNS shares ) ) ) ) ) ) ( PP ( IN in ) ( NP ( NP ( NN connection ) ) ( PP ( IN with ) ( NP ( DT the ) ( NN land ) ( NN purchase ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB bring ) ( NP ( NP ( NP ( NNP MGM ) ( NNP Grand ) ( POS 's ) ) ( JJ total ) ( NNS shares ) ) ( ADJP ( JJ outstanding ) ) ) ( PP-CLR ( TO to ) ( NP ( NP ( CD 28.7 ) ( CD million ) ) ( SBAR ( WHPP-2 ( IN of ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ-1 ( NP ( CD 72 ) ( NN % ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN owned ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Mr. ) ( NNP Kerkorian ) ) ( CC and ) ( NP ( NNP Tracinda ) ) ) ) ) ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( DT the ) ( NN prospectus ) ) ) ) ) ) )

The proposed stock offering and issuance of nearly 1.8 million common shares in connection with the land purchase will bring MGM Grand 's total shares outstanding to 28.7 million of which 72 % will be owned by Mr. Kerkorian and Tracinda according to the prospectus


( S ( PP-LOC ( IN In ) ( NP ( JJ over-the-counter ) ( NN trading ) ) ) ( NP-SBJ-1 ( NNP MGM ) ( NNP Grand ) ) ( VP ( VBD was ) ( VP ( VBN bid ) ( PP-CLR ( IN at ) ( NP ( NP ( CD 17.50 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) )

In over-the-counter trading MGM Grand was bid at 17.50 a share


( S ( NP-SBJ-2 ( NP ( NNS Proceeds ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN offering ) ) ) ) ( VP ( VBP are ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN used ) ( UCP-CLR ( PP ( IN for ) ( S-NOM ( VP ( VP ( VBG remodeling ) ( NP ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NNP Desert ) ( NNP Inn ) ( NN resort ) ) ( PP-LOC ( IN in ) ( NP ( NNP Las ) ( NNP Vegas ) ) ) ) ) ( VP ( VBG refurbishing ) ( NP ( NP ( JJ certain ) ( NN aircraft ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP MGM ) ( NNP Grand ) ( NNP Air ) ( NN unit ) ) ) ) ) ) ) ) ( CC and ) ( S ( VP ( TO to ) ( VP ( VB acquire ) ( NP ( NP ( DT the ) ( NN property ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ new ) ( NN resort ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Proceeds from the offering are expected to be used for remodeling the company 's Desert Inn resort in Las Vegas refurbishing certain aircraft of the MGM Grand Air unit and to acquire the property for the new resort


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ estimates ) ( SBAR ( SBAR ( S ( NP-SBJ ( DT the ) ( NNP Desert ) ( NNP Inn ) ( NN remodeling ) ) ( VP ( MD will ) ( VP ( VB cost ) ( NP ( QP ( IN about ) ( CD 32 ) ( CD million ) ) ) ) ) ) ) ( CC and ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( NN refurbishment ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( CD three ) ( NN DC-8-62 ) ( NN aircraft ) ) ( VP ( VBN made ) ( PP ( IN by ) ( NP-LGS ( NNP McDonnell ) ( NNP Douglas ) ( NNP Corp. ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB cost ) ( NP ( QP ( IN around ) ( CD 24.5 ) ( CD million ) ) ) ) ) ) ) ) ) ) ) ) )

The company said it estimates the Desert Inn remodeling will cost about 32 million and the refurbishment of the three DC-8-62 aircraft made by McDonnell Douglas Corp. will cost around 24.5 million


( S ( NP-SBJ ( NNP MGM ) ( NNP Grand ) ) ( VP ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJS latest ) ( NN stock ) ( NN offering ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB cover ) ( NP ( NP ( DT the ) ( ADJP ( QP ( CD 600 ) ( CD million ) ( CC or ) ( JJR more ) ) ) ( NN cost ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG building ) ( NP ( DT the ) ( VBN proposed ) ( NN resort ) ( CC and ) ( NN theme ) ( NN park ) ) ) ) ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD added ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( MD will ) ( VP ( VB need ) ( S ( VP ( TO to ) ( VP ( VB seek ) ( NP ( JJ additional ) ( NN financing ) ) ( PP ( CC either ) ( IN through ) ( NP ( NP ( NN bank ) ( NNS borrowings ) ) ( CC or ) ( NP ( NN debt ) ( CC and ) ( NN equity ) ( NNS offerings ) ) ) ) ( PP-TMP ( IN at ) ( NP ( DT a ) ( JJ later ) ( NN date ) ) ) ) ) ) ) ) ) ) ) ) )

MGM Grand said the latest stock offering wo n't cover the 600 million or more cost of building the proposed resort and theme park and added it will need to seek additional financing either through bank borrowings or debt and equity offerings at a later date


( S ( NP-SBJ-1 ( NN Construction ) ) ( VP ( VBZ is ) ( VP ( VBN set ) ( S ( VP ( TO to ) ( VP ( VB begin ) ( PP-TMP-CLR ( IN in ) ( NP ( JJ early ) ( CD 1991 ) ) ) ) ) ) ) ) )

Construction is set to begin in early 1991


( S ( NP-SBJ ( DT The ) ( NN resort ) ) ( VP ( MD will ) ( VP ( VB include ) ( NP ( NP ( DT the ) ( NNP MGM ) ( NNP Grand ) ( NNP Hotel ) ) ( NP ( NP ( DT a ) ( JJ multi-spired ) ( JJ castle-like ) ( NN facility ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( MD will ) ( VP ( VB include ) ( NP ( NP ( CD 5,000 ) ( NNS rooms ) ) ( CC and ) ( NP ( NP ( CD 85,000 ) ( JJ square ) ( NNS feet ) ) ( PP ( IN of ) ( NP ( NN casino ) ( NN space ) ) ) ) ) ) ) ) ) ) ) ) ) )

The resort will include the MGM Grand Hotel a multi-spired castle-like facility that will include 5,000 rooms and 85,000 square feet of casino space


( S ( S-TPC-2 ( S ( NP-SBJ-1 ( DT The ) ( NN facility ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN marketed ) ( PP-CLR ( IN toward ) ( NP ( NNS families ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NN room ) ( NNS rates ) ) ( VP ( MD will ) ( VP ( VB be ) ( NP-PRD ( NP ( QP ( IN between ) ( CD 35 ) ( CC and ) ( CD 55 ) ) ) ( NP-ADV ( DT a ) ( NN night ) ) ) ) ) ) ) ( NP-SBJ ( NNP MGM ) ( NNP Grand ) ) ( VP ( VBD said ) ) )

The facility will be marketed toward families and room rates will be between 35 and 55 a night MGM Grand said


( S ( NP-SBJ ( DT The ) ( NN prospectus ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB include ) ( NP ( NP ( JJ many ) ( NNS details ) ) ( PP ( IN about ) ( NP ( DT the ) ( NN studio ) ( CC and ) ( NN theme ) ( NN park ) ) ) ) ( SBAR-ADV ( IN although ) ( S ( NP-SBJ ( NP ( JJ conceptual ) ( NNS drawings ) ) ( VP ( VBN released ) ( NP-TMP ( DT this ) ( NN month ) ) ) ) ( VP ( VBP show ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD may ) ( VP ( VB feature ) ( NP ( NP ( JJ several ) ( VBN themed ) ( NNS areas ) ) ( ADJP ( JJ similar ) ( PP ( TO to ) ( NP ( NP ( DT those ) ) ( VP ( VBN found ) ( PP-LOC-CLR ( IN at ) ( NP ( NP ( NNS parks ) ) ( VP ( VBN built ) ( PP ( IN by ) ( NP-LGS ( NNP Walt ) ( NNP Disney ) ( NNP Co ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The prospectus did n't include many details about the studio and theme park although conceptual drawings released this month show that it may feature several themed areas similar to those found at parks built by Walt Disney Co


( S ( NP-SBJ-1 ( NNP C.B. ) ( NNP Rogers ) ( NNP Jr. ) ) ( VP ( VBD was ) ( VP ( VBN named ) ( S ( NP-PRD ( NP ( NN chief ) ( NN executive ) ( NN officer ) ) ( PP ( IN of ) ( NP ( DT this ) ( NN business ) ( NN information ) ( NN concern ) ) ) ) ) ) ) )

C.B. Rogers Jr. was named chief executive officer of this business information concern


( S ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Rogers ) ) ( ADJP ( NP ( CD 60 ) ( NNS years ) ) ( JJ old ) ) ) ( VP ( VBZ succeeds ) ( NP ( NP ( NNP J.V. ) ( NNP White ) ) ( NP ( CD 64 ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( MD will ) ( VP ( VB remain ) ( NP-PRD ( NP ( NN chairman ) ) ( CC and ) ( NP ( NP ( NN chairman ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ executive ) ( NN committee ) ) ) ) ) ) ) ) ) ) ) )

Mr. Rogers 60 years old succeeds J.V. White 64 who will remain chairman and chairman of the executive committee


( S ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Rogers ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD was ) ( NP-PRD ( NP ( NP ( NN president ) ) ( CC and ) ( NP ( NN chief ) ( VBG operating ) ( NN officer ) ) ) ( PP ( IN of ) ( NP ( NNP Equifax ) ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB retain ) ( NP ( NP ( PRP$ his ) ( NN position ) ) ( PP ( IN as ) ( NP ( NN president ) ) ) ) ) ) )

Mr. Rogers who was president and chief operating officer of Equifax will retain his position as president


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT a ) ( JJ new ) ( NN chief ) ( VBG operating ) ( NN officer ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN appointed ) ) ) ) ) ) ) )

The company said a new chief operating officer wo n't be appointed


( S ( NP-SBJ-1 ( NP ( CD Two ) ( JJ old ) ( NNS friends ) ) ( NP ( NP ( NNP George ) ( NNP Bush ) ) ( CC and ) ( NP ( NNP Deng ) ( NNP Xiaoping ) ) ) ) ( VP ( VBP are ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB limit ) ( NP ( NP ( JJ further ) ( NN damage ) ) ( PP ( TO to ) ( NP ( NNP U.S.-China ) ( NNS ties ) ) ) ) ) ) ) ) ) )

Two old friends George Bush and Deng Xiaoping are trying to limit further damage to U.S.-China ties


( S ( CC But ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ ( NNP Congress ) ) ( VP ( VBZ prepares ) ( NP ( NP ( DT a ) ( JJ fresh ) ( NN package ) ) ( PP ( IN of ) ( NP ( NP ( NNS sanctions ) ) ( PP ( IN against ) ( NP ( NNP Beijing ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( JJ already-tense ) ( NN relationship ) ) ( VP ( MD could ) ( VP ( VB get ) ( ADJP-PRD ( JJR worse ) ) ) ) )

But as Congress prepares a fresh package of sanctions against Beijing the already-tense relationship could get worse


( S ( NP-SBJ-3 ( NP ( DT The ) ( NN problem ) ) ( PP ( IN for ) ( NP ( NNP Congress ) ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( S-PRD ( VP ( TO to ) ( VP ( VB weigh ) ( SBAR-NOM ( WHNP-1 ( WP what ) ) ( S ( NP-SBJ ( NNP China ) ) ( VP ( VBZ is ) ( VP ( VBG saying ) ( PP-CLR ( TO to ) ( NP ( PRP$ its ) ( NNS people ) ) ) ) ) ) ) ( PP-CLR ( IN against ) ( NP ( NP ( DT the ) ( ADJP ( RBR more ) ( JJ conciliatory ) ) ( NN message ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG delivering ) ( PP-DTV ( TO to ) ( NP ( DT the ) ( NNP Bush ) ( NN administration ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The problem for Congress will be to weigh what China is saying to its people against the more conciliatory message it is delivering to the Bush administration


( S ( PP-LOC ( IN In ) ( NP ( NP ( DT a ) ( NN move ) ) ( VP ( ADVP ( RB apparently ) ) ( VBN aimed ) ( PP-CLR ( IN at ) ( S-NOM ( VP ( VBG heading ) ( PRT ( RP off ) ) ( NP ( JJ new ) ( JJ punitive ) ( NN legislation ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Deng ) ) ( VP ( VBD sent ) ( NP ( DT an ) ( JJ indirect ) ( NN signal ) ) ( PP-DTV ( TO to ) ( NP ( NNP Washington ) ) ) ( PP ( IN via ) ( NP ( NP ( NNP T.D. ) ( NNP Lee ) ) ( NP ( NP ( DT a ) ( NNP Columbia ) ( NNP University ) ( NN physicist ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD met ) ( NP ( NP ( NNP Mr. ) ( NNP Deng ) ) ( CC and ) ( NP ( JJ other ) ( JJ Chinese ) ( NNS leaders ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Beijing ) ) ) ( NP-TMP ( JJ last ) ( NN month ) ) ) ) ) ) ) ) ) )

In a move apparently aimed at heading off new punitive legislation Mr. Deng sent an indirect signal to Washington via T.D. Lee a Columbia University physicist who met Mr. Deng and other Chinese leaders in Beijing last month


( S-3 ( SBAR-TMP ( WHADVP-2 ( WRB When ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD met ) ( PP-CLR ( IN with ) ( NP ( NNP Mr. ) ( NNP Bush ) ) ) ( PP ( IN on ) ( NP ( PRP$ his ) ( NN return ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( VP ( VBZ says ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD told ) ( NP ( DT the ) ( NN president ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNPS Chinese ) ) ( VP ( VBD made ) ( NP ( NP ( NNS statements ) ) ) ( PP-CLR ( TO to ) ( NP ( PRP me ) ) ) ( SBAR-1 ( WHNP-4 ( IN that ) ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP regard ) ( PP-CLR ( IN as ) ( NP ( NP ( DT a ) ( JJ first ) ( NN step ) ) ( PP ( IN toward ) ( NP ( NN reconciliation ) ) ) ) ) ) ) ) ) ) ) ) )

When he met with Mr. Bush on his return Mr. Lee says he told the president that the Chinese made statements to me that I regard as a first step toward reconciliation


( S ( NP-SBJ ( NP ( DT The ) ( NN communication ) ) ( SBAR ( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( VP ( VBD brought ) ) ) ) ) ( VP ( VBZ represents ) ( NP ( NP ( DT the ) ( JJR softer ) ( NN line ) ) ( SBAR ( S ( NP-SBJ-3 ( DT the ) ( NNP U.S. ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG hoping ) ( S ( VP ( TO to ) ( VP ( VB hear ) ( PP ( IN from ) ( NP ( JJ Chinese ) ( NNS officials ) ) ) ) ) ) ( PP-TMP ( IN since ) ( NP ( NP ( DT the ) ( NNP June ) ( CD 4 ) ( NN massacre ) ) ( PP ( IN of ) ( NP ( JJ pro-democracy ) ( NNS demonstrators ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Beijing ) ) ) ) ) ) ) ) ) ) ) ) )

The communication Mr. Lee brought represents the softer line the U.S. has been hoping to hear from Chinese officials since the June 4 massacre of pro-democracy demonstrators in Beijing


( S-2 ( NP-SBJ ( DT The ) ( JJ Chinese ) ( NN leader ) ) ( PRN ( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( VP ( VBD informed ) ( NP ( NNP Mr. ) ( NNP Bush ) ) ) ) ) ( VP ( VP ( VBD expressed ) ( NP ( NP ( DT some ) ( NN regret ) ) ( PP ( IN for ) ( SBAR-NOM ( WHNP-1 ( WP what ) ) ( S ( VP ( VBD had ) ( VP ( VBN happened ) ( PP-LOC ( IN in ) ( NP ( NNP Beijing ) ) ) ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD conceded ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP China ) ( POS 's ) ) ( NNS officials ) ) ( VP ( VBD bore ) ( NP ( DT some ) ( NN responsibility ) ) ) ) ) ) ) )

The Chinese leader Mr. Lee informed Mr. Bush expressed some regret for what had happened in Beijing and conceded that China 's officials bore some responsibility


( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( NNP Mr. ) ( NNP Deng ) ) ( VP ( VBD told ) ( NP ( PRP him ) ) ( S ( NP-SBJ ( PRP We ) ) ( VP ( MD should ) ( RB not ) ( VP ( VB mind ) ( NP ( NP ( DT those ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VP ( VBD participated ) ( PP-CLR ( IN in ) ( NP ( NNS demonstrations ) ) ) ) ( VP ( VBD signed ) ( NP ( NN anti-government ) ( NNS materials ) ) ) ( CC and ) ( VP ( VBD went ) ( PP-CLR ( IN on ) ( NP ( NN hunger ) ( NNS strikes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Lee says Mr. Deng told him We should not mind those who participated in demonstrations signed anti-government materials and went on hunger strikes


( S-1 ( NP-SBJ ( NNP Mr. ) ( NNP Deng ) ) ( VP ( VBD added ) ( PRN ( SINV ( VP ( VBZ says ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP we ) ) ( ADVP ( RB really ) ) ( VP ( VBD made ) ( NP ( NNS mistakes ) ) ) ) ) ) )

Mr. Deng added says Mr. Lee that we really made mistakes


( S ( S ( NP-SBJ ( PRP We ) ) ( VP ( MD must ) ( RB not ) ( VP ( VB shirk ) ( NP ( PRP$ our ) ( NN responsibility ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( MD can ) ( RB not ) ( ADVP ( RB just ) ) ( VP ( VB blame ) ( NP ( DT the ) ( NNS demonstrators ) ) ) ) ) )

We must not shirk our responsibility and we can not just blame the demonstrators


( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( ADVP ( RB also ) ) ( VP ( VBD reported ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NN president ) ) ) ( SBAR ( IN that ) ( S ( PP-LOC ( IN in ) ( NP ( DT a ) ( JJ separate ) ( NN meeting ) ) ) ( NP-SBJ ( NNP Communist ) ( NNP Party ) ( NN chief ) ( NNP Jiang ) ( NNP Zemin ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJ Chinese ) ( NN leadership ) ) ( VP ( VBD looked ) ( ADVP-MNR ( RB kindly ) ) ( PP-CLR ( IN on ) ( NP ( NP ( DT the ) ( NNS students ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD took ) ( NP-CLR ( NN part ) ) ( PP-CLR ( IN in ) ( NP ( DT the ) ( NNS demonstrations ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Lee also reported to the president that in a separate meeting Communist Party chief Jiang Zemin said the Chinese leadership looked kindly on the students who took part in the demonstrations


( S ( NP-SBJ ( NNP Mr. ) ( NNP Jiang ) ) ( ADVP ( RB also ) ) ( VP ( VBD pledged ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Chinese ) ( NNP Red ) ( NNP Cross ) ) ( VP ( MD would ) ( VP ( VB publish ) ( ADVP-TMP ( RB very ) ( RB soon ) ) ( NP ( NP ( DT a ) ( NN list ) ) ( PP ( IN of ) ( NP ( NP ( DT those ) ) ( VP ( VBN killed ) ) ) ) ) ) ) ) ) ) )

Mr. Jiang also pledged that the Chinese Red Cross would publish very soon a list of those killed


( S ( CC And ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD told ) ( NP ( DT the ) ( NN physicist ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP China ) ( POS 's ) ) ( NNS leaders ) ) ( VP ( VP ( VBD were ) ( ADJP-PRD ( ADVP ( RB very ) ( RB much ) ) ( VBN concerned ) ( PP ( IN about ) ( NP ( DT the ) ( NNS deaths ) ) ) ) ) ( CC and ) ( VP ( VBD had ) ( VP ( VBN arranged ) ( NP ( NP ( NN aid ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NNS victims ) ( POS ' ) ) ( NNS families ) ) ) ) ) ) ) ) ) ) )

And he told the physicist that China 's leaders were very much concerned about the deaths and had arranged aid for the victims ' families


( S ( S-TPC-1 ( NP-SBJ ( PRP I ) ) ( VP ( VBD transmitted ) ( NP ( PRP$ my ) ( NNS conversations ) ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NNP White ) ( NNP House ) ) ) ) ) ( NP-SBJ ( NNP Prof. ) ( NNP Lee ) ) ( VP ( VBZ says ) ) )

I transmitted my conversations to the White House Prof. Lee says


( S ( CC But ) ( NP-SBJ ( PRP he ) ) ( VP ( VBZ adds ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBD was ) ( RB not ) ( VP ( VBG acting ) ( PP-CLR ( IN as ) ( NP ( DT a ) ( NN messenger ) ) ) ) ) ) ) )

But he adds I was not acting as a messenger


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ says ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNPS Chinese ) ) ( ADVP-TMP ( RB never ) ) ( VP ( VBD asked ) ( NP-1 ( PRP him ) ) ( S ( VP ( TO to ) ( VP ( VB convey ) ( NP ( PRP$ their ) ( NNS statements ) ) ( PP-CLR ( TO to ) ( NP ( NNP President ) ( NNP Bush ) ) ) ) ) ) ) ) ) ( CC but ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP White ) ( NNP House ) ) ( VP ( ADVP-MNR ( RB spontaneously ) ) ( VBD invited ) ( NP-2 ( PRP him ) ) ( S ( VP ( TO to ) ( VP ( VB do ) ( ADVP-PRD ( RB so ) ) ) ) ) ) ) ) ) ) )

He says that the Chinese never asked him to convey their statements to President Bush but that the White House spontaneously invited him to do so


( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( VP ( VP ( VBZ concedes ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( NNS statements ) ) ( VP ( VBN made ) ( PP-CLR ( TO to ) ( NP ( PRP him ) ) ) ) ) ( VP ( VBP are ) ( ADJP-PRD ( RB far ) ( JJ different ) ( PP ( IN from ) ( NP ( NP ( NNS others ) ) ( VP ( VBG being ) ( VP ( VBN issued ) ( PP-LOC ( IN in ) ( NP ( NNP China ) ) ) ) ) ) ) ) ) ) ) ) ( CC but ) ( VP ( VBZ attributes ) ( NP ( DT that ) ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NN fact ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( NN situation ) ) ( PP-LOC ( IN in ) ( NP ( NNP China ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RB very ) ( JJ complex ) ) ) ) ) ) ) ) ) )

Mr. Lee concedes the statements made to him are far different from others being issued in China but attributes that to the fact that the situation in China is very complex


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( NP ( NNP U.S. ) ( NNS sources ) ) ( PP-LOC ( IN in ) ( NP ( NNP Beijing ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN administration ) ) ( VP ( VBZ hopes ) ( SBAR ( S ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Deng ) ( POS 's ) ) ( RB fairly ) ( JJ conciliatory ) ( NNS comments ) ) ( VP ( MD will ) ( VP ( VB prod ) ( S ( NP-SBJ ( NNP Congress ) ) ( VP ( TO to ) ( VP ( VB be ) ( ADJP-PRD ( JJ cautious ) ( PP ( IN about ) ( NP ( NP ( JJ further ) ( NNS sanctions ) ) ( PP ( IN against ) ( NP ( NNP Beijing ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

According to U.S. sources in Beijing the administration hopes Mr. Deng 's fairly conciliatory comments will prod Congress to be cautious about further sanctions against Beijing


( SINV ( S-TPC-1 ( NP-SBJ-2 ( DT The ) ( NN president ) ) ( VP ( VBZ does ) ( RB n't ) ( VP ( VB want ) ( S ( VP ( TO to ) ( VP ( VB have ) ( NP ( JJ legislative ) ( NNS sanctions ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( DT a ) ( NNP U.S. ) ( NN official ) ) )

The president does n't want to have legislative sanctions says a U.S. official


( S ( CC But ) ( NP-SBJ ( PRP he ) ) ( VP ( MD may ) ( RB not ) ( VP ( VB have ) ( NP ( DT a ) ( NN choice ) ) ) ) )

But he may not have a choice


( S ( S-ADV ( VP ( VBN Given ) ( NP ( NP ( NP ( NNP China ) ( POS 's ) ) ( JJ far-from-conciliatory ) ( NNS statements ) ) ( PP ( TO to ) ( NP ( PRP$ its ) ( JJ own ) ( NNS people ) ) ) ) ) ) ( NP-SBJ-1 ( NNP Mr. ) ( NNP Bush ) ) ( VP ( MD may ) ( VP ( VB be ) ( ADJP-PRD ( JJ unable ) ( S ( VP ( TO to ) ( VP ( VB prevent ) ( NP ( JJ new ) ( NNS sanctions ) ) ) ) ) ) ) ) )

Given China 's far-from-conciliatory statements to its own people Mr. Bush may be unable to prevent new sanctions


( S ( NP-SBJ ( NNP Beijing ) ( NNS officials ) ) ( VP ( VBP have ) ( VP ( VBN said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( MD will ) ( VP ( VB step ) ( PRT ( RP up ) ) ( NP ( NP ( DT the ) ( NN campaign ) ) ( PP ( IN of ) ( NP ( NNS arrests ) ( CC and ) ( NN intimidation ) ) ) ( PP ( IN against ) ( NP ( NP ( DT those ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD participated ) ( PP-CLR ( IN in ) ( NP ( DT the ) ( NNS demonstrations ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Beijing officials have said they will step up the campaign of arrests and intimidation against those who participated in the demonstrations


( S ( NP-SBJ ( NNS Sentences ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( ADJP-PRD ( JJ stiff ) ) ) ) )

Sentences have been stiff


( S-1 ( NP-SBJ ( DT A ) ( NN university ) ( NN student ) ) ( VP ( VBD got ) ( NP ( CD eight ) ( NNS years ) ) ( PP ( IN for ) ( S-NOM ( VP ( VBG participating ) ( PP-CLR ( IN in ) ( NP ( DT the ) ( NNS rallies ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( NP ( NNS sources ) ) ( PP-LOC ( IN in ) ( NP ( NNP Beijing ) ) ) ) ( VP ( VBD said ) ) ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ ( DT an ) ( JJ 18-year-old ) ( NN worker ) ) ( VP ( VBD got ) ( NP ( CD 10 ) ( NNS years ) ) ) ) ) ) )

A university student got eight years for participating in the rallies sources in Beijing said while an 18-year-old worker got 10 years


( SINV ( CC Nor ) ( VBZ has ) ( NP-SBJ ( NNP Beijing ) ) ( VP ( VBN hinted ) ( PP-CLR ( TO to ) ( NP ( PRP$ its ) ( NNS citizens ) ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB publish ) ( NP ( NP ( DT the ) ( NNS identities ) ) ( PP ( IN of ) ( NP ( NP ( DT those ) ) ( VP ( VBN killed ) ) ) ) ) ) ) ) ) ) )

Nor has Beijing hinted to its citizens that it will publish the identities of those killed


( S ( ADVP-TMP ( IN So ) ( RB far ) ) ( S ( NP-SBJ-1 ( DT the ) ( NNS victims ) ) ( VP ( VBP are ) ( VP ( ADVP ( RB officially ) ) ( VBN considered ) ( S ( NP-PRD ( NNS evil-doers ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( PRP$ their ) ( NNS families ) ) ( VP ( VBP receive ) ( NP ( DT no ) ( NN compensation ) ) ) ) )

So far the victims are officially considered evil-doers and their families receive no compensation


( S ( S-TPC-1 ( NP-SBJ ( NP ( DT A ) ( NN man ) ) ( VP ( VBN gunned ) ( PRT ( RP down ) ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( JJ stray ) ( NN bullet ) ) ) ( SBAR-TMP ( IN while ) ( S ( VP ( VBG cycling ) ( PP-DIR ( TO to ) ( NP ( NN work ) ) ) ) ) ) ) ) ( VP ( VBZ carries ) ( PP-TMP ( IN after ) ( NP ( PRP$ his ) ( NN death ) ) ) ( NP ( NP ( DT the ) ( JJ official ) ( NN stigma ) ) ( PP ( IN of ) ( NP ( JJ counterrevolutionary ) ) ) ) ) ) ( NP-SBJ ( PRP$ his ) ( NN wife ) ) ( VP ( VBZ says ) ) )

A man gunned down by a stray bullet while cycling to work carries after his death the official stigma of counterrevolutionary his wife says


( S ( SBAR-ADV ( WHNP-1 ( WP What ) ) ( S ( VP ( VBZ 's ) ( ADJP-PRD ( JJR more ) ) ) ) ) ( NP-SBJ ( NP ( JJ much ) ) ( PP ( IN of ) ( NP ( NP ( NNP China ) ( POS 's ) ) ( JJ official ) ( NN rhetoric ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ hostile ) ( PP ( TO to ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) )

What 's more much of China 's official rhetoric is hostile to the U.S.


( S ( NP-SBJ ( NNP China ) ) ( ADVP-TMP ( RB frequently ) ) ( VP ( VBZ lambastes ) ( NP-2 ( DT the ) ( NNP U.S. ) ( NNP Embassy ) ) ( PP-CLR ( IN for ) ( S-NOM ( VP ( VBG harboring ) ( NP ( NP ( NN astrophysicist ) ( NNP Fang ) ( NNP Lizhi ) ) ( NP ( NP ( DT a ) ( JJ political ) ( NN dissident ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD took ) ( NP ( NN refuge ) ) ( ADVP-LOC ( RB there ) ) ( PP-TMP ( IN after ) ( NP ( DT the ) ( NN massacre ) ) ) ) ) ) ) ) ) ) ) ) )

China frequently lambastes the U.S. Embassy for harboring astrophysicist Fang Lizhi a political dissident who took refuge there after the massacre


( S ( S-TPC-3 ( PP-LOC ( IN In ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( NP-SBJ ( EX there ) ) ( VP ( VBP are ) ( ADVP ( RB still ) ) ( NP-PRD ( NP ( NNS people ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP want ) ( S ( VP ( TO to ) ( VP ( VP ( VB crush ) ( NP ( NNP China ) ) ) ( CC and ) ( VP ( VB interfere ) ( PP ( IN in ) ( NP ( PRP$ our ) ( JJ internal ) ( NNS affairs ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( NNP Zhu ) ( NNP Qizhen ) ) ( NP ( NP ( NP ( NNP China ) ( POS 's ) ) ( JJ new ) ( NN ambassador ) ) ( PP ( TO to ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ( VP ( VBD said ) ( SBAR-TMP ( IN as ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD left ) ( PP-DIR ( IN for ) ( NP ( NNP Washington ) ) ) ( NP-TMP ( JJ last ) ( NN week ) ) ) ) ) ) )

In the U.S. there are still people who want to crush China and interfere in our internal affairs Zhu Qizhen China 's new ambassador to the U.S. said as he left for Washington last week


( S ( NP-SBJ-1 ( DT The ) ( NNP House ) ( CC and ) ( NNP Senate ) ) ( VP ( VBP are ) ( S ( VP ( TO to ) ( VP ( VB begin ) ( ADVP-TMP ( RB soon ) ) ( S ( VP ( VBG hashing ) ( PRT ( RP out ) ) ( NP ( NP ( DT an ) ( NN agreement ) ) ( PP ( IN for ) ( NP ( NNS sanctions ) ( NN legislation ) ) ) ) ) ) ) ) ) ) )

The House and Senate are to begin soon hashing out an agreement for sanctions legislation


( S ( NP-SBJ-1 ( PRP It ) ) ( VP ( MD will ) ( ADVP ( RB probably ) ) ( VP ( VB be ) ( VP ( VBN attached ) ( PP-CLR ( TO to ) ( NP ( NP ( DT a ) ( NNP State ) ( NNP Department ) ( NN authorization ) ( NN bill ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( NP-SBJ-3 ( NNP Mr. ) ( NNP Bush ) ) ( VP ( VBZ is ) ( RB n't ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB veto ) ) ) ) ) ) ) ) ) ) ) ) ) )

It will probably be attached to a State Department authorization bill which Mr. Bush is n't expected to veto


( S ( NP-SBJ ( NP ( DT A ) ( JJ congressional ) ( NN staffer ) ) ( VP ( VBN involved ) ( PP-CLR ( IN in ) ( S-NOM ( VP ( VBG drafting ) ( NP ( DT the ) ( NNS sanctions ) ) ) ) ) ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ-2 ( PRP they ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ likely ) ( S ( VP ( TO to ) ( VP ( VB mirror ) ( NP ( NP ( DT those ) ) ( SBAR ( S ( NP-SBJ ( NNP Mr. ) ( NNP Bush ) ) ( VP ( VBN enacted ) ( PP-TMP ( RB shortly ) ( IN after ) ( NP ( DT the ) ( NN massacre ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

A congressional staffer involved in drafting the sanctions says they are likely to mirror those Mr. Bush enacted shortly after the massacre


( S ( CC But ) ( PP ( IN as ) ( NP ( JJ legislative ) ( NN action ) ) ) ( NP-SBJ ( PRP they ) ) ( VP ( VP ( MD would ) ( VP ( VB carry ) ( NP ( JJR greater ) ( NN weight ) ) ) ) ( CC and ) ( VP ( MD would ) ( VP ( VB be ) ( ADJP-PRD ( RBR more ) ( JJ difficult ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB rescind ) ) ) ) ) ) ) ) ) )

But as legislative action they would carry greater weight and would be more difficult to rescind


( S ( NP-SBJ ( NP ( NNS Measures ) ) ( PP ( ADVP-TMP ( RB already ) ) ( IN in ) ( NP ( NN effect ) ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBP are ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN made ) ( S ( NP-PRD ( NN law ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBP include ) ( NP ( NP ( NP ( DT a ) ( NN ban ) ) ( PP ( IN on ) ( NP ( JJ military ) ( NNS sales ) ( CC and ) ( NNS exchanges ) ) ) ) ( NP ( NP ( DT a ) ( NN suspension ) ) ( PP ( IN of ) ( NP ( JJS most ) ( JJ high-level ) ( NN government ) ( NNS contacts ) ) ) ) ( CC and ) ( NP ( NP ( DT a ) ( NN halt ) ) ( PP ( TO to ) ( NP ( NP ( NNP U.S. ) ( NN trade ) ( NN enhancement ) ( NNS programs ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NP ( DT the ) ( NNP Overseas ) ( NNP Private ) ( NNP Investment ) ( NNP Corp. ) ) ( CC and ) ( NP ( DT the ) ( NNP Trade ) ( NNP Development ) ( NNP Program ) ) ) ) ) ) ) ) ) )

Measures already in effect that are expected to be made law include a ban on military sales and exchanges a suspension of most high-level government contacts and a halt to U.S. trade enhancement programs such as the Overseas Private Investment Corp. and the Trade Development Program


( S ( S-NOM-SBJ ( VP ( VBG Codifying ) ( NP ( DT those ) ( NNS sanctions ) ) ) ) ( VP ( MD could ) ( VP ( VB prompt ) ( NP ( JJ Chinese ) ( NN retaliation ) ) ) ) )

Codifying those sanctions could prompt Chinese retaliation


( SINV ( S-TPC-1 ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( DT the ) ( CD two ) ( NNS sides ) ) ( VP ( VBP are ) ( RB n't ) ( ADJP-PRD ( JJ careful ) ) ) ) ) ( NP-SBJ ( NNP U.S.-China ) ( NNS ties ) ) ( VP ( MD could ) ( VP ( VB spin ) ( ADVP-DIR ( RB downward ) ) ( PP ( IN out ) ( PP ( IN of ) ( NP ( NN control ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( DT a ) ( NNP U.S. ) ( NN official ) ) ( PP-LOC ( IN in ) ( NP ( NNP Beijing ) ) ) ) )

If the two sides are n't careful U.S.-China ties could spin downward out of control says a U.S. official in Beijing


( S ( NP-SBJ ( NNP Bush ) ( CC and ) ( NNP Deng ) ) ( VP ( VBP are ) ( VP ( VBG hoping ) ( SBAR ( IN that ) ( S ( NP-SBJ ( JJR cooler ) ( NNS heads ) ) ( VP ( VBP prevail ) ) ) ) ) ) )

Bush and Deng are hoping that cooler heads prevail


( S ( NP-SBJ ( NNP PWA ) ( NNP Corp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( PP-TMP ( IN by ) ( NP ( NN spring ) ( CD 1992 ) ) ) ( NP ( NP ( QP ( DT all ) ( CD 15 ) ) ( NN passenger ) ( NNS planes ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD acquired ) ( NP-TMP ( RBR earlier ) ( DT this ) ( NN year ) ) ( PP-LOC ( IN in ) ( NP ( NP ( PRP$ its ) ( ADJP ( ADJP ( QP ( CD 248 ) ( CD million ) ) ( JJ Canadian ) ( NN dollar ) ) ( PRN ( ADJP ( QP ( CD 211.6 ) ( CD million ) ) ) ) ) ( NN purchase ) ) ( PP ( IN of ) ( NP ( NNP Wardair ) ( NNP Inc ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

PWA Corp. said it plans to sell by spring 1992 all 15 passenger planes it acquired earlier this year in its 248 million Canadian dollar 211.6 million purchase of Wardair Inc


( S ( NP-SBJ ( NP ( NNP PWA ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( ADVP-TMP ( RB recently ) ) ( VP ( VBD merged ) ( NP ( NP ( NNP Wardair ) ( POS 's ) ) ( NNS operations ) ) ( PP-CLR ( IN with ) ( NP ( NP ( DT those ) ) ( PP ( IN of ) ( NP ( NP ( JJ PWA-owned ) ( NNP Canadian ) ( NNPS Airlines ) ( NNP International ) ( NNP Ltd. ) ) ( NP ( NP ( NNP Canada ) ( POS 's ) ) ( JJ second-biggest ) ( NN airline ) ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( VBN proposed ) ( NN sale ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( VBN revised ) ( JJ five-year ) ( NN plan ) ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( S-NOM ( VP ( VP ( VBG streamlining ) ( NP ( PRP$ its ) ( NN fleet ) ) ) ( CC and ) ( VP ( VBG shedding ) ( NP ( NN debt ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

PWA which recently merged Wardair 's operations with those of PWA-owned Canadian Airlines International Ltd. Canada 's second-biggest airline said the proposed sale is part of a revised five-year plan aimed at streamlining its fleet and shedding debt


( S ( NP-SBJ ( NNP PWA ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB estimate ) ( NP ( NP ( DT the ) ( NN value ) ) ( PP ( IN of ) ( NP ( NP ( NP ( NNP Wardair ) ( POS 's ) ) ( NN aircraft ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBP include ) ( NP ( NP ( CD 12 ) ( NNP Airbus ) ( NNP A310-300s ) ) ( CC and ) ( NP ( CD three ) ( NNP Boeing ) ( CD 747-100s ) ) ) ) ) ) ) ) ) ) ) )

PWA would n't estimate the value of Wardair 's aircraft which include 12 Airbus A310-300s and three Boeing 747-100s


( S ( CC But ) ( NP-SBJ ( NP ( NNP James ) ( NNP Ireland ) ) ( NP ( NP ( DT a ) ( JJ Miami-based ) ( JJ technical ) ( NN analyst ) ) ( PP ( IN with ) ( NP ( NP ( NNP Avmark ) ( NNP Inc. ) ) ( NP ( DT an ) ( NN aircraft ) ( NN evaluation ) ( NN firm ) ) ) ) ) ) ( VP ( VBD estimated ) ( NP ( NP ( DT the ) ( JJ total ) ( NN half-life ) ( NN value ) ) ( PP ( IN of ) ( NP ( DT the ) ( CD 15 ) ( NNS planes ) ) ) ) ( PP-LOC ( IN at ) ( NP ( QP ( IN about ) ( CD 650 ) ( CD million ) ( CC or ) ( JJR more ) ) ) ) ) )

But James Ireland a Miami-based technical analyst with Avmark Inc. an aircraft evaluation firm estimated the total half-life value of the 15 planes at about 650 million or more