Group Title: Tribune. (Nassau, Bahamas).
Title: The Tribune
Full Citation
Permanent Link:
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau Bahamas
Publication Date: July 18, 2005
Copyright Date: 2005
Frequency: daily, except sunday
normalized irregular
Genre: newspaper   ( marcgt )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Bibliographic ID: UF00084249
Volume ID: VID00158
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850

Full Text

McGRIDDLES" i'm ovit.




Volume: 101 No.193

MONDAY, JULY 18, 2005




Sinister denies he signed

1'etroCaribe agreement

without Cabinet approval

,,Chief Reporter
'MINISTER of Trade and
Industry Leslie Miller yester-
day denied that he signed onto
the PetroCaribe agreement
without Cabinet approval, and
hit out at his critics for trying
to place a "wedge between the
Bahamas and the United
States" "
$; Mr Miller told The Tribune
$unday that the agreement has
gained tremendous support
throughout CARICOM and the
Bahamas would be foolish as a
* non-oil producing country not
|to take advantage of the bene-
fits of PetroCaribe.
He said the agreement "has
exceeded the expectations of
every leader in the Caribbean".
Last week, former Cabinet
,Minister Zhivargo Laing raised
concern that government had
,not confirmed whether Mr
iMiller had signed the Petro-
,Caribe agreement with the
,approval of Cabinet. Mr Laing
said this could "send signals to
'allies that we are having a shift
in foreign policy".
PetroCaribe, the brainchild
of Venezuelan President Hugo
Chavez, is designed to reduce
the effects.of high oil prices on
the region by offering petrole-
um products at reduced costs.
Mr Laing said that his con-
cern is that Mr Chavez and
Cuban President Fidel Castro,
who is also a major signatory
to the agreement, represent a
style of governing that is direct-
ly opposed to the kind of gov-
ernance that the Bahamas and
its allies endorse.

However, Mr Miller said that
this argument was "intellectu-
ally dishonest" because the
United States obtains 40 per
cent of its fuel from Venezuela,
despite its strong criticism of
Mr Chavez's' governance.
"This is politics, just politics.
What these critics are doing is
trying to drive some kind of
wedge between the Bahamas
and the US. What Mr Laing and
these other critics don't under-
stand is that 13 countries signed
that agreement along with the
Bahamas. Why would we be
singled out? What is also being
missed is that the fuel consumed
by Bahamians provided by
Shell, Esso and Texaco comes.
out of Curacao from PDVSA,
which is the national oil com-
pany of Venezuela," said Mr
It has been suggested by
some international analysts that
PetroCaribe may be more than
just an agreement to supply. the
member nations with cheaper oil.
They say it could be the first step
towards the establishment of a
free trade arrangement.
Analysts in the region have
raised the question whether
PetroCaribe will eventually lead
to the creation of the Bolivarian
Alternative for the Americas
(ALBA), an alternative to the
US-led push for the establish-
ment of the Free Trade Area of
the Americas (FTAA).
Mr Miller dismissed this claim
as an attempt by his critics to
create friction "where there is
none". He said the Bahamas
must do w==hat is in its best
SEE page nine

* THE Royal Bahamas Police Force took the time to salute
a special service at St Agnes Anglican Church, Blue Hill R
a show of appreciation for years of service and devotion ani
is hoped will become an annual event. Two trumpet players
salute to the retirees.
(Photo: Mario 1

Tribune Staff Reporters
THE advisory panel
appointed in the plagiarism
case of College of the
Bahamas president Dr Rod-
ney Smith is expected to com-
plete its report this week,
Anglican Archbishop Drexel
Gomez told The Tribune last
The Archbishop, a member
of the six-member panel
which includes international
experts, said that the group is
"very close" to coming to a
conclusion in its deliberations.
"I suspect that it will be
completed this week," he said.
Although Archbishop
Gomez could not reveal the
details of the panel's findings,
he said that he was "satisfied
so far" with the work and the

expected outcome that the
group had achieved.
He added that before the
report is made public, it first
has to go to the college coun-
And the Archbishop said
that he is confident that the
panel's work will lead to the
"betterment" of COB.
After Mr Smith admitted
that he plagarised a portion
of a speech he delivered at the
college's honours convocation
in late May., an emergency
meeting of COB's council was
held on June 6. It was decided
that the college should
address and "acknowledge
fact of plagiarism forthrightly
and honestly".
Dr Smith's admission also
sparked calls for his resigna-
tion, and support from some
SEE page nine

&ciation Five-year-old

girl found
dead in pool
Tribune Staff Reporter
THE body of five-year-old
Alexandria Bullard was discov-
ered submerged in a pool at the
Sandyport complex on Satur-
day afternoon, police reported
The little girl was immediate-
ly rushed to the hospital but was
pronounced dead shortly after.
Press liaison officer Inspec-
StortWalter Evais -said Sunday
that Alexandria, of Bimini
Avenue, was attending a pool
party whe the accident
occurred around 5pm.
Mr Evans said that he could
not confirm if the girl had been
properly supervised at the time
of her drowning, as investiga-
tions are still in the initial stages,
but added that there were at
least two adults present at the
"It was a shock to the par-
ents, it's a great tragedy," he
retired police officers with said.
oad. Sunday's service was Police are now appealing to
d marked the first of what parents to take extra care when
s are pictured playing in a supervising their children
around water.
"Especially for the remain-
9uncansonlTribune staff) der of the summer holidays, we
SEE page nine

Move to prevent further

Isle of Capri job cuts
Chief Reporter
A REVIEW of the fees and taxes-imposed on the Isle of Capri
Casino is underway in an effort to help the property through a dif-
ficult financial period, Tourism Minister Obie Wilchcombe told The
Tribune yesterday.
Government, Hutchison Whampoa and the Grand Bahama Port
Authority are in talks with the Isle of Capri in hopes of preventing
further job cuts on the already economically troubled island.
The resort laid off 45 casino workers last week and speculated
that further layoffs may be on the horizon.
The layoffs come at a time when thousands of hotel workers on
Grand Bahama are still unemployed because of the closure of the
Royal Oasis Resort following last year's hurricanes.
The casino, which opened in 2003, employs more than 300 work-
ers on the island.
Mr Wilchcombe said discussions between the Isle of Capri, gov-
ernment, the Grand Bahama Port Authority-and Hutchison Wham-
poa may result in a turnaround for the resort.
"We are looking at their situation and reviewing it. We under-
stand what their concerns are and we are finding a way ahead and
building on a relationship that will be beneficial to both sides.
Our concern is for the Bahamian people and my concern is what do
we do for them, because when one Bahamian hurts everyone
SEE page nine

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PAGE 2, MONDAY, JULY 18, 2005

Father Anthony Roberts laid to rest

HUNDREDS of family
members, government officials,
friends and well-wishers gath-
ered at Christ Church Cathe-
dral on Saturday to pay their
respects to the late Father R F
Anthony Roberts.
The former labour leader,
parliamentarian, cabinet minis-
ter and diplomat died on Mon-
day, July 4 following a brief ill-
ness. He was 73.

Former deputy prime minis-
ter A D Hanna described
Father Roberts as a great
Bahamian hero whose talents
and efforts were pivotal to the
emergence of a modern
"For Father Roberts, the dis-
tinguishing characteristics
behind these efforts were the
single purpose of fulfilling his
desire to serve his people," said

Mr Hanna during his remarks at
the state funeral.
Father Roberts had a very
interesting career, making his
mark as the first formally
trained labour leader in the
His involvement in the trade
union came at a time when the
conditions of many workers of
the Bahamas cried out for social
and economic redress and for

equity and fair play in employ-
ment practices, said Mr Hanna,
who listed him among stalwarts
in the labour movement, such as
Preston Albury, Cadwell Arm-
brister, Simeon Bowe, Carlton
Francis, Artemus Cox and Sir
Randol Fawkes.
Defeated in his first attempt
for the House of Assembly, he
was eventually elected in 1968
for what was then the Centre-
ville seat, which he held until
his retirement from politics in
In government he held sev-
eral important portfolios and
among his Cabinet posts was
agriculture and fisheries and
local government.
Two of the initiatives he
would be remembered for as
Minister of Agriculture and
Fisheries, said Mr Hanna, was
the introduction and imple-
mentation of the BARTAD
venture in North Andros in col-
laboration with the US govern-
ment. This venture introduced
modern and efficient farming
techniques for farmers around
the Bahamas.
The second initiative was the
intensive upgrading of scores of
Bahamians who went on in
some instances to obtain degrees
in agriculture and fisheries, and
other specialised areas.
"Many of our finest scientific
and technical minds in the pub-
lic service today owe their start
to the late Anthony Roberts
during his tenure as Minister of
Agriculture and Fisheries, said
Mr Hanna.
In 1977, Father Roberts was
appointed as the country's third
High Commissioner to the UK,
and served the Bahamas with-
out fanfare but with great dis-
tinction, added Mr Hanna.
When Father Roberts retired
from politics he took this time
to prepare himself for service
in the Anglican church.
Following his ordination he
served in several parishes.
"Many persons were baffled
as to how a man who had exer-
cised authority and power for
many years could now perform
a role which many saw as being
of the far lesser influence," said
Mr Hanna. "But knowing
Father Roberts as I did togeth-
er with others who knew him
well, we saw that in this new
role his life of service was being
fulfilled and that it was for him
great joy and unspeakable hap-
piness to devote himself to
God's service."
Minister of Finance James
Smith, in his tribute, said: "They
say he was an extraordinary
politician, in the sense that he.
did not fit the usual mold. He
was serene and intelligent when
others around him were loud
and sometimes boorish; he was
honest, approachable, open,
warm and frank; not rude,
duplicitous and untrustworthy
like so many others."
Mr Smith said that Father
Roberts was also an astute busi-
nessman who was always busy
with commercial projects with

* ARCHBISHOP Drexel Gomez is seen leaving the Cathedral

* MEMBERS of the Anglican Church clergy carry Father
Roberts out of the Cathedral and to the grave site
(Photos: Mario Duncanson/ Tribune Staff)

the intention of training and
employing as many Bahamians
as he could.
"He was truly a man for all
seasons and despite his many
accomplishments he never lost
that spirit of humility which
endeared him to everyone who
has ever met him," said Mr
Father Roberts is survived by
his wife Melvern Roberts; sons,

Wayne and Brandon Roberts;
daughters, Hollis Sherman and
Tanya Roberts; three grand-
children; three brothers, Ger-
ald Roberts, E Pedro Roberts II
and Dr Patrick Roberts; one sis-
ter, Rosamund Williams; and
numerous other relatives and
Father Roberts was buried at
St Matthew's Cemetery.
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Hurricane moves extra visitors to the Bahamas

Tribune Staff Reporter

THE Bahamas over the
weekend welcomed more vis-
itors than expected after

30,000 tourists were evacuated
from Cancun, Mexico ahead
of Hurricane Emily.
Long lines of tourists
queued at the Cancun airport
yesterday in a rush to escape

the season's second hurricane,
travelling at 20mph with max-
imum sustained winds near
International media report-
ed that Quintana Roo state

Readers get in line for a piece of the magic

DOZENS of children flocked to the Logos Bookstore in the Harbour Bay Shopping
Centre on Friday at midnight to receive their copies of the long awaited sixth installment of
the Harry Potter book series.
Logos, like so many other book stores around the world, opened its doors for a special
launch party which included food and drink and Harry Potter- thenied games.
Promptly at midnight, the store owners sold the first copy of 'Harry Potter and the
Half-Blood Prince' to a Bahamian child.
The Harry Potter series by British author J K Rowling has for the past years been attrib-
uted with renewing children's interest in reading.
Early estimates show that 'Harry Potter and the Half-Blood Prince' will become the fastest-
selling book in history, with over 10 million copies estimated to have been sold worldwide
during the first 24 hours of publication.

(Photo: Tim Aylen)

tourism secretary Gabriela
Rodrfguez said that the
authorities began evacuating
85,000 people along more
than 100 miles of coast from
Holbox Island to Tulum on



THE Pinnacle Casino Enter-
tainment Company has been
granted approval by the
Bahamas Gaming Board to
operate the casino at the Four
Season's Emerald Bay property
on Exuma, Tourism Minister
Obie Wilchcombe told The Tri-
bune yesterday.
Mr Wilchcombe said that the
Casino's opening would solidify
the presence of Emerald Bay
and make the Exuma tourism
experience even more attractive.
The 6,000 square foot casino
is scheduled to open later this
year and is said to be reminiscent
of Monte Carlo's elegant gaming
According to the company's
website, Pinnacle owns and
operates casinos in Nevada, Mis-
sissippi, Louisiana, Indiana and
Argentina, and receives lease
income from two card club casi-
nos, both in the Los Angeles
metropolitan area.
Currently Pinnacle is con-
structing L'Auberge du Lac, a
major casino resort in Lake
Charles, Louisiana. The compa-
ny'has also been selected for two
casino and related development
projects in the St Louis, Missouri
area, pending final approval by
the Missouri Gaming Commis-

Parntscal fr rloctin o Grgor Twn tudnt

Chief Reporter

PARENTS of children attending North
Eleuthera High School are urging government
to relocate Gregory Town students to a more
accessible campus.
They are worried that their children will be
placed "at a severe disadvantage" by the end of
the school year because of weather conditions
that can make travel across the Glass Window
Bridge impossible, causing students to miss
"weeks of school at a time".
The parents are asking that 16 Gregory
Town junior high students be transferred from
North Eleuthera High in Lower Bogue to Cen-
tral Eleuthera High in Palmetto Point.
Education officials on the island have report-
edly told the parents that the matter is entire-
ly out of their hands until they hear from the
Ministry of Education in New Providence.
Diane Thompson, spokesperson for the Gre-
gory Town parents, said it's not fair for the
school system to expect reasonably functioning
students when the children's attendance is
unpredictable because of circumstances beyond
their control.
"If there is a surge or the bus breaks down,
or if there is a hurricane or if they block the
bridge for some reason, the children in Gregory

a ag


Town end up losing sometimes weeks out of
school. It's hard to even say how many times
they missed school for the year, but sometimes
they can miss weeks on end so this is of course
placing them at a severe disadvantage," Ms
Thompson told The Tribune.
In this year's budget, government has set
aside $8.5 million for the construction of a
causeway to replace the Glass Window Bridge,
which connects North and South Eleuthera.
The bridge has been in a poor state of repair
for years.
Ms Thompson said that the people of Gre-
gory Town have a sentimental and an histori-.
cal tie to the school in Palmetto Point, which
she said was constructed with help from resi-
dents of the settlement.
"The parents at that time, who now have
grandchildren in school, held cookouts, fried
fritters and everything so that the school could
be built in Palmetto Point. All we are asking is
that these 16 children be allowed to attend
this school," she said.
Ms Thompson pointed out that the lessons
these students miss are not repeated, resulting
in a level of anxiety because the children find
themselves in a position where they have to
catch up with the rest of their classmates.
"At the moment we are in limbo because
they have not told us as yet whether this trans-

fer will be possible for the next school year.
That's even holding up simple things like know-
ing what type of uniform to buy," she said.
MP for North Eleuthera Alvin Smith said
that he was aware of the parents' concerns
and had petitioned the Ministry of Education
on numerous occasions to have the situation
"I have supported that the students go to the
Central Eleuthera High School, and the min-
istry had said that this was supposed to begin at
the start of I &aLot ear. But that bvi-
ously did no
dents.. It wa w lo-'pt1
the ones w
Mr Smitth t ih ot a new problem
and accused'government ofdragging its feet.
The MP said that problems such as these
could be easily rectified if the planned recon-
struction of the Glass Window Bridge takes
Said Mr Smith: "If government were to con-
struct a causeway on the current site there is a
chance that it will be impassable once or tm ice
a year, but certainly .not out of commission as
many times as the Glass Window Bridge is."
The Tribune was unable to reach Minister of
Education Alfred Sears up to press time yes-

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Saturday, including the stretch
known as the 'Riviera Maya'.
Authorities also ordered the
relocation on Sunday morn-
ing of 30,000 tourists, of which
70 per cent were estimated to
be foreigners, to larger, bet-
ter-sheltered and in-land
However many tourists opt-
ed to cut their vacations short
and return home, and others
with bookings for Cancun
decided to relocate to other
destinations in the Caribbean.
In an interview with The
Tribune Sunday, Minister of
Tourism Obie Wilchcombe
said that he did not know the
exact number of tourists that
decided to re-route to the
Bahamas, but confirmed that

the number was large.
"This happens often during
the hurricane season when
people either have to relocate
or cruise ships need to be
diverted for safety reasons,
then the Bahamas receives
unexpected guests," he said.
In such cases, he said, the
Bahamas must try and live up
to the expectations of visitors
who initially intended to trav-
el to different destinations.
Hurricane Emily was
expected to hit the Yucatan
peninsula late yesterday or
early today. From there it was
projected to cross over the
peninsula and travel across
the Gulf of Mexico and hit
land again somewhere near
the Mexico-US border.

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MONDAY, JULY 18, 2005, PAGE 3


PAGE 4, MONDAY, JULY 18, 2005



AFTER all the hue and cry about how
restoration funding was bypassing one of
Grand Bahama's most important community
centres badly damaged, some say
destroyed, by Hurricanes Jeanne and Francis
at last government has made a commit-
ment to do something..
But Housing Minister Shane Gibson, who
thought that "we should not focus on what
happened in the past, but on how quickly we
can assist them," still wanted the public to
know that he was not in Freeport to assess the
damage to the YMCA because of Sir Jack
Hayward's complaints.
Rather, he was there, he claimed because
when government saw "what the facility
means for residents of Grand Bahama we
thought it was important for us to step in at
this stage."
What a bunch of poppycock!
No wonder the public has no time for fast-
talking politicians with their political spin on
everything they either do, or fail to do.
According to Mr Gibson, he as Minister of
Housing had flown to Freeport because "a
concern was raised by a representative of
Grand Bahama about the condition of the
YMCA. And the prime minister thought it
was very important for us to come down and
see what sort of assistance we could render."
That is Mr Gibson's spin on the events.
However, we can assure him that he got that
telephone call from a very worried prime
minister who was concerned about the noise
that Sir Jack was making in Freeport.
' And Sir Jack, was raising his voice because
of the way he was treated by the executives of
the National Emergency Management
Agency (NEMA) when he followed up on a
letter written by the Y's chairman asking for
funds to restore the community facility, dam-
aged by the two hurricanes. The letter was
dated January 17, 2005. It was now the end of
June and nothing had been heard from
When NEMA ignored the Y's plea for
financial help, Sir Jack assured its board of
directors that they needn't worry hadn't he
and his partner, the late Edward St George
given NEMA $1 million for Grand Bahama,
specifically for "the educational facilities on
Grand Bahama". As far as he was concerned
the Y was eminently qualified to receive
funds from that donation.
And so Sir Jack got on the phone to
NEMA. After the initial telephone conver-
sation, the NEMA executive neither took,
nor returned any further calls from Sir Jack.
Eventually Sir Jack could take no more of the
He burst into public print, demanding to

know how NEMA had spent their $1 mil-
lion donation.
Of course, the prime minister was upset,
especially as the cheque and the letter saying
how the donation was to be used was pre-
sented to him at a public function in Freeport.
It was only.natural that he would send an
emissary to Freeport to placate an angry Sir
Jack and assure him that his Y would be tak-
en care of.
The prime minister then followed through
with a telephone call to Mr Gibson, obvi-
ously with instructions to get the job done "p-
d-q" as the late Sir Etienne Dupuch would
often say when he wanted a job done, not
tomorrow, but yesterday.
"When you look at the money donated by
Sir Jack and Edward St George they said
specifically schools, and so that would never
have been spent on the YMCA because it is
not a school," said Mr Gibson as be put his
foot further into his mouth on an issue he
himself said should not be focused on.
Nowhere in their letter of instructions did
the two donors mention the word "school".
Their "express wish" was "that these funds be
used for restoring the educational facilities on
Grand Bahama". And the Y, a family centre
that serviced the whole community, was cer-
tainly an "educational facility".
It was mainly because it was an educa-
tional facility that the late Sir Wallace Groves,
founder of Freeport sent Sir Jack to Florida
in the sixties to get more information on the
Y. "Wallace was always grateful that the Y
had taught him how to swim," said Sir Jack.
He was also impressed because it was a chris-
tian, family-oriented organisation.
The Hayward family donated an Olympic
size swimming pool, Rotary donated the play-
ing fields, the gym was donated, Freeport
residents .rallied around to raise money to
build the facility, their names etched into the
building blocks. The Y taught swimming, vol-
leyball, gymnastics, and many other sports, in
addition to offering a community fitness cen-
tre. According to Sir Jack it was the best
facility in the Caribbean, and it was educa-
And so the Y was introduced to Freeport
as an educational facility that would mould
the whole child and young adult after the
schools had taught them to read, write and
"I am sure if we were approached earlier
by the YMCA we would have rendered some
kind of assistance," Mr Gibson told the press.
We would suggest that Mr Gibson deliver
the funding to make it possible for the Y to
.continue serving the community, and stop
spinning tall tales for public consumption.

The crisis in


The Tribune Limited
Being Bound to Swear to The Dogmas of No Master

LEONE. H. DUPUCH, Publisher/Editor 1903-1914

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387

More spin by govt. on YMCA

illegal activities his regime has per-
petrated. Apart from subverting the
constitution and engaging in clearly
illegal violence against citizens for
many years, just two weeks ago he
re-appointed a Commission to
administer Harare in clear cofitra-
vention of the law. It is this illegal
Commission which is nominally
ordering the destruction in Harare.
My own personal feeling is that
these actions are a direct result of
the March 31 elections. The regime
has had two months to analyse the
genuine voting results which came
from over 8,000 polling stations in
120 constituencies. With an average
of under 280 or so voters per polling
station, it is easy for the regime to see
exactly what and where its support is.
I can only believe that there was a
massive vote for the opposition
MDC and this led the regime to
embark on this huge social engi-
neering project.
As for calls for intervention, I
believe that only international pres-
sure will ameliorate or end this crisis.
As a society, we have been degraded
by years of oppression stretching
way back into the colonial period
and before.
As many as 30 per cent of Zim-
babweans have left the country in
the last five years. By the regime's
own admission, 70 per cent of the
so-called productive sector have now

left. We survive on remittances from
our relatives working overseas and in
South Africa. This means we have
neither the people nor the resources
to mount any but the most sporadic
and ineffectual demonstrations
against the regime. Most of us here
have retreated into our personal and
private space and have withdrawn
from the social/public sphere in our
quest for survival.
Our recent efforts to mount a
stayaway bears testimony to this real-
There will be no internal upris-
ing, I am certain, although riots are a
distinct possibility as people get
pushed to the edge.
The white West cannot do much
since Mugabe has a lockdown.on
anti-colonialist rhetoric and even
Mbeki is afraid to challenge this. We
need a broad range of advocates
from around the world, especially
the Caribbean and black America, to
speak out and support Mbeki who I
am sure is only too keen to see the
end of Mugabe and the Zimbab-
wean crisis. As a former diplomat
in the Caribbean, could you use your
contacts to advocate for such a
move? If we can give Mbeki a face-
saving method in which he can
oppose Mugabe, then just maybe
the noose will begin to tighten.
Sorry to send you such a long e-
mail when I really just wanted to say
thank you!
June, 2005

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The successful applicant for the position will provide specialist advice on the
economic and financial performance of regulated utilities. He will also work as
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oversight by the PUC of the various providers of utility services in The Bahamas.
The candidate will perform market research and other economic studies relevant
to the current and future development of the telecommunications, electricity,
and water and sewerage sectors in The Bahamas.

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involving market research, and changes in price setting methodologies. This
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The PUC offers a very attractive benefits package and excellent opportunities for
further development. Starting salary will be commensurate with relevant
experience. Further information about the PUC could be obtained from
our website at:
Applications should be received by 29 July, 2005

S .I

Editor, The Tribune.
The following, addressed to Sir
Ronald Sanders, is a comment on
his article on Zimbabwe, which was
published in The Tribune on June
Dear Sir Ronald,
I want to thank you for your
efforts on our behalf to publicize the
crisis in Zimbabwe and for your
thoughtful comments. As chairman
of the Combined Harare Residents
Association, I am in a position to
speak on behalf of our members and
the general population of our city.
Certainly conditions in Zimbab-
we are deteriorating daily and we
are having difficulty comprehend-
ing this wave of destruction, let alone
organising a coordinated response.
A few points:
Our latest information is that
56,000 structures have been
destroyed throughout Zimbabwe.
These vary from single room wood-
en cabins to substantial brick and
mortar dwellings with as many as,15
rooms. There are few plastic/tin
squatter shacks in the country and it
is important to understand that most
of these buildings were sanctioned by
the Mugabe regime. Indeed many
unserviced stands were handed out
by the regime in 2001 in an effort to
bring party supporters into Harare to
dilute the urban support for the
We estimate that between
300,000 and 1.5 million people have
been displaced.
We cannot accurately determine
the numbers. Many
housed families of 5,6 or more peo-
ple. Many rooms were used by mul-
tiple "time-share" occupants who
would sleep in shifts.
The onslaught against informal
sector traders which began on 19
May has destroyed the livelihoods
of at least 150,000 people and their
The informal sector is the main-
stay of the Zimbabwean economy
after the destruction of the formal
sector following the collapse of com-
inmercial agriculture and the ripple
effects therefrom. Even -mall village.
markets in remote rural villages have
been destroyed.
Coping Strategies:
Displaced people are -
a. moving into relatives' homes in
turn displacing tenants
b. relocating to rural homes where
they are either met withhostility from
locals or are putting additional strain
upon the rural economy which is
already reeling from drought, polit-
ical tensions and social dislocations
caused by the resettlement pro-
gramme. Relocation is expensive
and there is a fuel crisis so many bus-
es are not running. The church is
providing some assistance but the
scale of the problem is beyotid even
their capabilities and resources.
c. camping outdoors in church
yards, or on the side of the roads
d. being interned in supposed
'holding camps'
e. fleeing to neighbouring coun-
Mugabe's claim that this is a
crackdown against "illegal activities"
rings false in the light of the many

No intervention needed

Editor, The Tribune.
The following is a letter to Sir Ronald Sanders commenting on his
article published in The Tribune on June 20.
Dear Sir Ronald,
It is sad and unfortunate that a highly-respected persona of
your callibre would allow himself to sink to such low levels as a result
of ill-concieved and baseless views on Zimbabwe. Contrary to your
suggestion, Zimbabwe does not need Europe or American (or even
African) intervention. Why do you guys always seem to suggest
Africa needs Europe. That's a colonialist theory.of thinking. We
need no European assistance in Zimbabwe or in Africa to say the
least. History speaks for itself. You want me to believe Tony Blair
is a good guy? Give us a break? I wrote a PhD thesis
on British imperialist policies in Zimbabwe and Imust admit peo-
ple get it wrong when they always throw.the blame at Mugabe.
The clean up is a vital exercise to clean up Zim cities and there
is nothing wrong with that. It's taking place in Kenya and South
Africa right now. You hear nothing of it in the press. I lived in
England for quite a long time and I remember seeing illegal settle-
ments being razed down. That was normal then. Isn't it a double
standard to say it's wrong when poor Zimbabwe follows suit.
There is evidence to show that Mugabe is one of the most pop-
ular men in Africa: Africans, myself included, like him because he
is brave and he tells European imperialists, whom I assume think
along your lines, off. What the British as well as people who think
like you forget is the fact that Mugabe introduced human rights in
the country. Tony Blair can't teach Zimbabwe any lesson on human
rights. Please!
The international media is leading attempts to isolate Zimbabwe.
That's okay. But that's what you get in return. Mugabe is legitimate
and I support him. He is the right man to lead Zimbabwe.
That said, I respect your view on Zimbabwe.

June, 2005.

School ofLegal Studies

LLM International Corporate & Financial Law
LLM (General)
Legal Practice Course

September and February

Starts available for most courses

Come to


to meet
Stuart Williams, Associate Dean


Saturday, 16 July 10:00-12:00
Saturday, 17 July 10:00-12:00

Monday, 18 July 6:30-8:00pm
for advice on courses in Law and other subjects.

Stuart Williams, Associate Dean


Tribune Staff Reporter
THE newly opened Marina
Village at Atlantis on Paradise
Island will offer significant com-
petition to Bay Street mer-
chants, Minister of Tourism
Obie Wilchcombe said yester-
Describing the launch of the
newest addition to the Atlantis
product as "exciting," Mr
Wilchcombe told The Tribune
that the new competition
enhances the urgency to move
ahead with the revitalisation of
Bay Street.
"The danger now of course
exists that tourists will gravitate
towards the Marina Village
instead of downtown Nassau,"
he noted.
The long-awaited Marina
Village opened for its first day
of business on Friday. The offi-
cial opening is planned for later
this month.
The 65,000 square foot com-
plex will offer visitors and
Bahamians alike five restau-
rants, 21 retail outlets as well
as areas that showcase Bahami-
an arts and crafts.
"No question that it will be
competition to Bay Street, but
this only encourages us to move
more rapidly in offering the
kind of standards found at the
Marina Village across the board
in the Bahamas," he said.

Mr Wilchcombe reiterated
that Prime Minister Perry
Christie has received the master
plan for the redevelopment of
downtown Nassau, as prepared
by the Atlanta-based consul-
tancy firm EDAW.
And although the plan has
not yet been presented to Cab-
inet, he said that he expects the
government to "move ahead
with haste" in this matter.
"Bay Street benefits from a
very distinctive reputation
which still draws tourists, nev-
ertheless it definitely needs a
face-lift," he noted.
The tourism minister said
that the Bahamas can learn
from the example of Atlantis,
"who constantly improve upon
their product".h
"No matter how good it is,
they always strive to make it
even better, always adding new
features and new attractions.
That's what we need to with
Bay Street and Cable Beach.
We have many high-end visi-
tors and we charge big bucks, so
he have to be able to offer mon-
ey's worth," he said.
Highlighting the benefits of
the Marina Village; Mr Wilch-
combe said that it adds to the
country's tourism product and
to the "wonderful mystique that
is Atlantis, which will ultimate-
ly attract even more visitors".
"If you can piggy-back on
the success of an international-
ly recognisable brand like
Atlantis, as we have done, it
results in tremendous dividends
for the country. And in addi-
tion to offering new employ-
ment opportunities, the Marina
village will also add signifi-
'cantly to our GDP," he said.

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NOE ZI-T -3 eere
therihttomak lstmiut

A success story for Bahamian

entrepreneurs to emulate

T IS to be hoped that
there is swift resolution
of the impasse involving West-
ern Air Charters and the
Department of Immigration
over the deportation of sev-
eral of that company's pilots
for alleged violations of the
immigration laws.
Whatever the truth of the
matter regarding the status of
the employees in question, the
facts of Western Air's contri-
bution to the development of
Andros and, even more
importantly, to indigenous
entrepreneurial activity, are
beyond question.
As a fully Bahamian-owned
entity, Western Air is one of
those businesses that stands
out as a success story for
Bahamian entrepreneurs to
emulate all the more so for
being based in a Family Island
that has little history of organ-
ised enterprise.
Aside from Western Air,
every large employer in North
Andros is either a foreigner
or a government corporation.
By all accounts, this singular-
ity of success is down to the
drive, dedication and intelli-
gence brought to bear by the
airline's owners, Mr and Mrs
Rex Rolle.
In going out and creating a
business, rather than simply
waiting for someone to
employ th the Rolles have
put their money and their
energies where many a politi-
cian (from both sides of the
arena) has put liberal quanti-
ties of mouth.

Here is a private com-
pany that has
entered into a resourceful
arrangement with Bahamasair
to take over all of the latter's
service to the island of
Andros. In doing so, it may
just have succeeded where
many of the rest of us have
failed and shown the brighter
of our politicians that giving
such routes to smaller, private
carriers is the way ahead
for the troubled national car-
Moreover, on the Freeport
run, where it actively com-
petes with Bahamasair, West-
ern has shocked the national
carrier into undertaking a
noticeable improvement to its
own service. It now boasts a
loyal following among.
Bahamians, like myself, who
make the Freeport run with
any frequency.
In addition to employing
some 50 Bahamians, it has
now completed the construc-
tion of a headquarters, pas-
senger terminal and fixed base
operation at San Andros
which at least appears to be
more than the equal of any
government-constructed Fam-
ily Island airport.
All of this makes it very
unfortunate that an agency of
the Bahamian government,
albeit in alleged keeping with
the letter of the law, should
be the one thing that finally



manages to ground this suc-
cessful Bahamian company.

Bahamian employers
should be favoured

nteresting comparisons
have been made in the
press between the treatment
meted out to the Rolles in this
instance and that which sup-
posedly greeted Mr Gerardo
Capo's allegedly irregular
employment of Mexican
builders at his Bimini project.
For reasons very different
from the ones listed by Mr
Capo himself, those compar-
isons are in fact inappropri-


Air is, by contrast, a matter
whose repercussions will
remain within the Bahamas.
This gives our government
an ultimacy of power to which
it is perhaps not accustomed,
but in the exercise of which it
must be especially sensitive,
for the sake not only of some
abstract notion of justice, but
of those many potential
Bahamian entrepreneurs
whose contribution or other-
wise may determine whether
we do become a productive,
indigenised economic culture
or remain a backward version
of Dade County.
A sensible and responsible
immigration policy would,

threat to Bahamian jobs is
partly compensated by the
success of a Bahamian-owned
Although government may
now plausibly claim that it in
fact uses its discretion in
favour of Bahamians under
the present regime, it is in
matters such as, the Western
Air affair that Bahamians will
continue to speculate whether
or not that discretion is exer-
cised in an even-handed man-
Clearer policy guidelines,
which distinguish clearly.
between Bahamian and non-
Bahamian businesses should
be published in order to give

our entrepreneurs an assur-
ance that they will not be the
victims of politics if they
decide to stake everything
they have on a business ven-
ture that may require immi-
grant labour.
It is in this regard disturbing
that Minister Vincent Peet,
one of the most competent
and respected members of the
PLP government, should feel
this matter to be so politically
'hot' as to purport to recuse
himself from it.
It seems to demonstrate the
extent of the problem we con-
tinue to face removing the
aura of politics from immigra-
tion policy.


A government of the
Bahamas, being charged prin-
cipally with promoting the
development of Bahamians,
has not merely a right but a
positive duty to discriminate
in favour of Bahamians wher-
ever this is possible and will
not have'consequences that
are repugnant to the public
interest. This does not mean
propping up basket cases just
because they happen to be
But it does mean deliber-
ately fostering Bahamian busi-
ness growth as a means of
countering the imbalances that
continue to distort our soci-
ety. Among these imbalances
is a dearth of an indigenous
productive culture, which con-
tributes to a cyclical depen-
dence upon foreign capital.
This leads to a corresponding,
politically fraught pressure
(from the sources of that cap-
ital) to liberalise trade, invest-
ment and immigration policy
and to implement 'interna-
tional' regulatory initiatives -
in other words, to expedite
and complete the process of
absorption of which our pre-
sent economic policy is a nat-
ural first step.
While an Atlantis, a Baha
Mar or a Mr Capo has some,
but limited incentive to indi-
genise their employee base,
we must remember that their
first priority is to sharehold-
ers that are generally beyond
the seas. Though the scale is,
of course, very different, the
success or failure of a Western

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therefore, distinguish to some
degree between Bahamian
businesses and foreign
investor-owned ones when it
comes to the granting of work
permits for employees.
Bahamian businesses should
always be given the benefit of
the doubt in matters such as
these,.since any potential.

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"In addition to employing
some 50 Bahamians, it has now
completed the construction of a
headquarters, passenger terminal
and fixed base operation at San
Andros which at least appears to
be more than the equal of any
government-constructed Family
Island airport."


MONDAY, JULY 18, 2005, Pi


Ground broken

for new Cotton

Bay development

* WIM Steenbakkers, director of operations of Cotton Bay Estates and Villas Limited; David
Reuin, chief executive officer of DECON; Franklyn Wilson, chairman of Eleuthera Properties
Limited; and Whitney Irons, president of Devmat Incorporated, at the groundbreaking ceremony
for Cotton Bay Estates and Villas.
Photo: Franklyn G Ferguson

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A VISION built upon the
concept of the legendary Cotton
Bay Club in Eleuthera came
.one step.closer to fruition on
Friday when ground was bro-
ken on the site of Cotton Bay
Estates and Villas.
The Cotton Bay Club was
once considered one of the
world's finest resort destina-
tions, and the new development
will mark the rebuilding of the
property that was often
described as one of the most
beautiful stops in the Bahamas.
Not only does the develop-
ment potentially mean revitali-
economy, it also marks the first
time that a majority Bahamian-
funded and managed group has
undertaken an investment ini-
tiative of this magnitude.
Cotton Bay Estates and Vil-
las in Eleuthera is a 1,500-acre
development comprising 114
beachfront and ocean view
estate lots, a 69-room luxury
boutique hotel based on a villa
concept reminiscent of the old
Cotton Bay Club, a grand club-
house with full amenities and
two secluded beaches.
The project in Rock Sound is
expected to create 100 to '300
jobs over the next five years for
Prime Minister Perry
Christie, who attended Friday's
groundbreaking, congratulated
the shareholders of the compa- -
ny for 'withsftanding all of the
rigors ofour economy, the ups
and downs, the negative com-
mentary of people who saw pol-
itics through jaundiced eyes, of
even our own relatives here
who were not been able to grow
with the times".
Mr Christie had made a spe-
cial effort to attend the cere-
mony because he knew Thomas
Alfred Sands, a native e of Rock

Sound and the CEO of
Eleuthera Properties Limited
(EPL), developers of the resort
community development.
"As I said to Thomas when
he took me first on the site
before I became ill, your father
knows as he moves on that he
has done his best to prepare his
children to take his place, and
he knows with absolute cer-
tainty that you will be able to
give your mother the same
degree of comfort that he
would have been able and what
have done," said the prime
-"I k-now he loved -them and
they know that. I know he loved
Eleuthera and I know he's a
"And I will simply say with
respect to him that my govern-
ment will see beyond the com-
pany and will name the way or
the street to this site after
Alfred Sands."


Mr Christie noted the "mag-
nificent achievement in the his-
tory of the Bahamas" by
Bahamian businessman
Franklyn Wilson, EPL chair-
man, but said that he was dis-
appointed in the lack of process
that had been made by other
planned developments on
-Eleuthera. ....
Mr Christie said that when
he came to Eleuthera to con-
gratulate Oswald Ingraham on
becoming the Speaker of the
House and the MP for the area,
he had announced a planned
development for South
Eleuthera and one for Central
"This was announced at least
a year to 18 months before we
announced this development

and I am disappointed that they
have not taken the steps that
we had anticipated," he said.
According to Wim Steen-
bakkers, director of operations
for EPL, the company plans a
soft opening of the clubhouse
in December 2006, but estate
lots, starting at $400,000, are
already for sale.
Also attending the ground-
breaking ceremony were Gov-
ernor General Dame Ivy
Dumont, Anglican Archbishop
Drexel Gomez, members of the
Cabinet and Mr Wilson.



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MUNUAY, JULY 10, Z'UUb, PAr-c /



Lawyers back former MP's call for

a moratorium on immigration

Tribune Staff Reporter
TWO Bahamian lawyers have
lent their full support to the call
for a moratorium on all migrants
to the Bahamas, as proposed by
a former PLP Member of Par-
liament last week.

Attorney Paul Moss told The
Tribune yesterday that tld--
Bahamas' immigration policy is
"over-abused" and allows for-
eigners easy access into the
"Other countries are laugh-
ing at us because they know
they can always find a way

around our immigration laws,"
lhe said.
Fayne Thompson described
the country's current immigra-
tion laws as a "hodge-podge
lazy immigration policy".
"We don't even have a proper
immigration policy. I think it is
time to stop and get a look at
where we are now and where we
want to go," said Mr Thompson.
He explained that he would
support a temporary moratori-
umn on all immigrants to the
Bahamas, so that officials could
"get a handle on how many and
who exactly we have in the
Mr Thompson said that this
step of determining how many
immigrants reside in the
Bahamas would also be neces-
sary before the country enters
into any future regional or inter-
national arguments facilitating
free trade.
Mr Moss said that a morato-
rium on immigrants is "long
overdue", and that he supports
it fully, "except for in those sec-
tors where it would have an

* FAYNE Thompson
adverse effect".
He explained that an immi-
gration moratorium should not
apply to fields where there are
no Bahamians with sufficient

"For instance, if we were to
introduce LNG, clearly we have
no experts in the country. In
such a case we could allow for
foreigners," he said.
However in the financial sec-

tor, he said, a moratorium
would be desperately needed.
"We have more then enough
qualified Bahamians who can't
get jobs in the financial services
right now. A moratorium
would help with this problem,"
he said.
Speaking at a well-attended
town meeting hosted by the
Civil Society last Wednesday,
former PLP MP Elwood Don-
aldson, who was also one of the
"Dissident 8", called for an
immediate moratorium on all
migrants into the Bahamas, save
those needed for vital govern-
ment problems.
And former minister of immi-
gration Loftus Roker warned
that the Bahamas' current poli-
cies would lead to the country
being over run by Haitians in
the next two decades.
"It is an issue of emergency,
soon we are going to be
swamped and the Bahamian
nation as we know it will be
extinct. Mr Roker and Mr Don-
aldson hit the nail squarely on
the head," Mr Thompson said.

International education conference

THE Bahamas will host del- cials of the Commonwealth Closing the Gap; Access,
egates from more than 20 Secretariat Sir John Daniel, Inclusion and Achievement.
countries this month when president Commonwealth of They identified key issues,
education ministers from Learning, and Ann Keeling, challenges and opportunities
throughout the commonwealth director Social Transformation that needed to be addressed if
gather in Nassau for the Programs Division. their education aspirations
Regional Mid-term Review of And education ministers were to be achieved.
the 15th Conference of Com- from Africa/Pacific Region will .Ministers will provide "coun-
monwealth Education Minis- offer special presentations at try updates" of the 15CCEM
ters (15CCEM). the National Art Gallery of the Action Plan during discussion
The Mid-term Review Meet- Bahamas on Friday July 29 group sessions. Six areas will
ing for the Caribbean/Canada under the theme "Challenges be addressed improving qual-
region will be held from in Education in Other Com- ity education, mitigating the
Wednesday July 27 to Satur- monwealth Countries". impact of HIV/AIDS in edu-
day July 30 at the Radisson The Mid-term Review meet- cation, using distance learning
Cable Beach and Golf Resort. ing in Nassau is a follow-up to to overcome barriers, support-
Fifteen education ministers the 15CCEM held in Edin- ing education in difficult cir-
will head their respective dele- burgh, Scotland in October. cumstances, eliminating gen-
gations. Special guests of the 2003. der disparities in education and
meeting will be education min- At that meeting, ministers expanding access to universal
isters from Fiji Islands, The reviewed the progress of edu- primary education. : ; I
Maldives, Sierra Leone and ,!,.ationn across, the c,ommnon..... the first time the.
South Africa. -wealth in the context of the Bahamas will host the educa-
Delegates will include offi- main theme of the Conference tion ministers conference.

THE Youth Empowerment
and Skills Training Institute
(YEAST) was on the receiving
end of five personal computers
donated by its principal corpo-
rate sponsor, The Family
Guardian Insurance Company.
The computers will facilitate
the school's expanding capacity
to provide character and lead-
ership development opportuni-
ties for more young men.
YEAST recently teamed with
the Ministiy of Youth, Sports and
Culture for the pilot programme
of the Restorative Segment of the
government's National Youth
Service, in BARC, North Andros,
earlier this year, graduating 22
Junior trainees on April' 8, and
29 Senior trainees on July 1.


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~ ~c-

Treest e
i -


Bid to prevent

further job cuts

FROM page one
hurts," said the minister.
The Isle of Capri hopes
government will consider a
proposal for a reduced tax
rate structure, from 17 per
cent to nine per cent. Isle of
Capri reportedly owes $6 mil-
lion in casino taxes.
However, Mr Wilchcombe
said that changing the tax
structure is not as simple as
it seems.
"We are looking at how
easily it could be to change
or even if we would want it
to be changed easily. The

trouble is that we would have
to change it across the board.
(Hotelier) Phil Ruffin was
very annoyed when he was
here, that he did not have the
kind of concessions that
Atlantis had. What we had to
explain is that the amount of
concessions in taxes is based
on the size of the investment.
The Isle of Capri is a $12 mil-
lion investment. They are a
casino not a hotel, what then
justifies the reduction?"
The property is also looking
for government to provide a
$5 million grant for promo-
tion campaigns. Mr Wilch-
combe said that this too may

pose a problem for govern-
"We are in a bind because
we want Bahamians
employed and are being
asked to give up the revenue
from taxes, and having the.
ministry pay for marketing for
properties at around $7-$10
million a year, this places you
in a position where govern-
ment may as well pay the
salaries of the workers them-
selves," he said.
Nevertheless, Mr Wilch-
combe said that the Isle of
Capri had an excellent first
quarter and has proven itself
to be a very good corporate

. Beyond the current prob-
lems facing the Isle of Capri,
the minister said there is cur-
rently a proactive evaluation
of the entire tourism struc-
ture on Grand Bahama.
"Grand Bahama's tourism
season is expected to pick up
next month and we are look-
ing at h situation where the
3,000-plus rooms on the island
may not be enough, and we
are looking at the revitalisa-
tion of the International
Bazaar," he said. "Nothing
has been happening there
because of the closure of Roy-
al Oasis."

Plagiarism case report expected this week

FROM page one
lecturers and students of the college.
In late June a special advisory panel was
convened to determine if action should be
taken against Dr Smith. The panel is made
up of Archbishop Gomez; Bahamas
Ambassador to the United Nations, Dr
Paulette Bethel; vice-chancellor emeritus
of the University of the West Indies, Pro-
fessor Rex Nettleford; president-elect of
John Carroll University in Cleveland; Ohio,
Father Robert Niehoff; and retired justice
Joseph Strachan, who chairs the panel.
Also addressing the issue of the embat-
tled COB president was Sir Arthur Foulkes,
who yesterday described plagiarism as "a
grievous sin".
Sir Arthur was speaking as a guest on
Love 97's Jones and Company.
Dr Smith issued a public apology for
omitting to cite a source which he used in
the address delivered during the college's
graduation activities.
Since his apology and the media reports
that followed, the question of whether Dr
Smith should resign his post has been raised.
"I am not one of those who say let him
slide. I believe I am a tolerant and forgiving
person, and if the gentleman made a mis-
take, quoted two people in his speech and
gave one credit but failed to credit the oth-

er one, I might have said that OK I can
forgive you for that.
"But this was an egregious case of pla-
giarism, paragraph after paragraph after
paragraph. You can't have that in an acad-
emic institution that is going to be your
premier academic institution," said Sir

He said it was hard to see how Dr Smith
could maintain the respect of COB's facul-
ty, and more importantly the students of
the institution.
"I am sorry that it has gone on so long
and I don't know why we are appointing a
committee to look into it and so on," he

Miller hits

back over

FROM page one sion during the start of the
Gulf War that the invasion ol

interest and it would be.
impossible for. another coun-
try to find fault with that.
"CARICOM made a deci-

Iraq was wrong,.so you see
despite these geopolitical con-
flicts we have. to see what
works well for us and what
does not," said the minister.

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Girl found dead in pool

FROM page one
caution parents to really supervise their children properly when they take them to the
beach, to regattas, to picnics around the pool. We hope that if everyone heeds this cau-
tion we can prevent such tragedies from happening," said Mr Evans.
Police are also investigating a stabbing incident which resulted from an altercation
between three women.
A 31-year-old woman of Montell Heights sustained multiple stab wounds to her neck
after a verbal dispute with two other women escalated out of control, around 8pm Sat-
The woman was admitted to Princess Margaret Hospital, where she is currently
being treated for her injuries.
Officers on routine patrol in the area of Malcolm Park at 3.45pm on Saturday, arrest-
ed a 26-year-old man after discovering a 9mm Ruger pistol and 15 live rounds of
The police said they stopped the suspect after he displayed "suspicious" behaviour.
The Grant Street, Fox Hill, resident is expected to appear in court early this week.

MONDAY, JULY 18, 2005, PAGE 9




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PAGE 10, MONDAY, JULY 18, 2005

Haitians on Grand Bahama get

ready to celebrate independence

Tribune Freeport
FREEPORT Haitians liv-
ing on Grand Bahama will cel-
ebrate Haiti's 201 Indepen-
dence at the second annual
Haitian Heritage Festival slat-
ed for July 29 to August 1.
Margarette Raymond-Fer-
guson, festival chairperson,
announced that two renowned
Haitian bands out of New
York and Haiti are expected
to perform live in Freeport for
the celebrations. And Haitians
living in Miami are also
expected to travel to Grand
Bahama for the event.

Renowned bands

expected to perform

Last year's festival was very
successful and further
strengthened the relationship
between Haitians and
Bahamians, said Ms Ray-

This year's objective is to
assist four Haitian-Bahamian
student athletes Cordero

Charles, Cordero Light-
bourne, Castello Bain and
Alan Petitcompere -with air-
fare to attend colleges over-
seas. The boys, who are mem-
bers of the Golden. Eagle
Track at Eight Mile Rock
High School, have received
scholarships from colleges in
the United States.
Activities will begit on Fri-
day, July 29, with a live con-

cert by the Haitian Compras
Band at the Taxi Union Hall,
from 9pm until. A Cultural
Expo is planned for Saturday,
July 30 at Sunset Village,
Eight Mile Rock, where there
will be various cultural dis-
plays, such as Haitian arts and
craft, cuisine, theatre, drama,
dance, plaiting of the may pole
and a gospel concert from 5
to 7pm.
The event will end with a
Junkanoo rush out and live
band performance by B-Nice
Band from Haiti.
A Thanksgiving Service will

I 20-[0a oldstiructre e orrsorto

be held on Sunday, July 31 at
St Vincent de Paul Catholic
Church. On Monday, August
1, a beach bash will take place
at Taino Beach.

Ms Raymond-Ferguson said
the festival not only allows
Haitians to celebrate their cul-
ture, but also to fellowship and
interact with Bahamians.

PLANS are underway to restore a
200-year-old structure on Eleuthera that
will serve as a museum, library and com-
puter and resource centre.
Organisers hope the facility will help
educate and inform both visitors and
residents about Eleuthera's past.
Committee president of the Mission
Foundation, Chandra Sands, told The
Tribune that repairs to the Eleuthera
Mission House, which began in late
April, may be completed by the end of
the year.
In April, The Mission Foundation

began the process of restoring the two-
century old structure, formerly known as
the Rock Sound Clinic, into what will
now serve as an historic land mark on
the island.

The committee hopes that The Mis-
sion House will "broaden the scope of its
charge as a centre for learning and edu-
The restored and refurbished Mission
House will be renamed "The South
Eleuthera Mission", said Ms Sands.
There, residents and visitors will learn
about the technologies, resources and.

tools necessary for research and learning
in a modern society, and the benefits of
using environmentally friendly tech-
nologies in the future. Provisions will
also be made to supply grants for small
businessstart-ups on the island, along
with advice.
Donations towards the completion of
the project, set for early 2006,,can be
sent to the Mission FoundatioifAccount
#1080168 at First Caribbean Bank, Gov-
ernors Harbour Branch or to account
#36217, at Scotiabank, Rock Sound
Branch. For more information please
contact committee by e-mail at or call 242-334-
2203 in Rock Sound, Eleuthera.

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In other words, don't be unreal-
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All homes even newly built
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There are several ways to update
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when you've found a home in
the right location at the right
price. An open mind helps you
make your decision by allowing
more possibilities.
You may not find all the right
criteria price, condition and
location in one single home.
Compromising on any of these
factors can result in a very satis-
fying purchase. Negotiation is a
normal part of any real estate
transaction, especially if you've
found a great home a little fur-
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or a home in need of improve-:
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BREA agents well understand
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MONDAY, JULY 18, 2005, PAGE 11




Special state reception

* PICTURED (1-r) are Captain Fernley Palmer of the Boys Brigade; Chief Inspector Lafonda Sut-
ton-Burke, officer in charge United States Customs and Border Protection (Bahamas); and Samuel
C Stubbs, former general secretary of the Bahamas Construction and Building Union and former
general secretary of the Bahamas Federation of Labour. A special state reception to celebrate 32 years
of Bahamian Independence was held at Government House on July 11.

* ANDY and Louise Gomez

* BEVERLEY Wallace-Whitfield (left) and
Margaret Rolle of the Department of Social

of PANDORA Hanna (left), assistant manager
of Atlantis Space Cleaning, Eva Mae Hanna
and Pandora Hanna, nursing officer at the
* CLEVELAND and Andrea Hepburn Sandilands Rehabilitation Centre

* PICTURED (I-r) are Realtor Michael Lightbourne, Justice Jon Samuel Isaacs and Jon V Isaacs

* PICTURED (1-r) are educator Carolyn Hall-Knowles; Leon
Smith, former commodore in the Royal Bahamas Defense Force;
and Danina Black, owner of Let's Get Personal Print Shop



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PAGE 12, MONDAY, JULY 18, 2005


MONDAY, JULY 18, 2005, PAGE 13



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Guiding youngsters

with different needs

but a common

of #109 Mount Pleasant Village
and formerly of Duncan Town,
Ragged Island will be held on
Wednesday at 2:00 pm at Holy
Spirit Anglican Church, Howard
Street, Chippingham. The
Venerable Keith N Cartwright, the
Rev Fr Harry W Ward, the Very
Rev Patrick LAdderley, the Rev Fr
Peter A G Scott and the Rev Dr
Tyrone McKenzie will officiate. Interment will be made in Lakeview
Memorial Gardens, JFK Drive.
He will always be kept in loving memory by his wife Beryl;
children, Bernadette Lockhart, Alexia and Bianca Armbrister,
Basii Jr, Byron and Petula Pratt; father, Stephen Armbrister Sr;
brothers, Albert, Stephen Jr and Oscar; sisters, Iva Armbrister,
Brenda Glinton, Anicka and Monica Armbrister; grandchildren,
Kieran, Kirra, Dejah and Barron; nieces, Kiesha, Brenda, Myah,
Mvarion, Tara, Ayisha, Ashley, Shamia, Kenissa, Melenese,
Shanese, Weleisha, Kourtney, Keltirah, Seaniquea, Ardsanay,
Adrianna, Krishna and Alexis McPhee and Lavette Darville;
nephews, Albert Jr, Analdo, Melford, Wellington, Torry Armstrong,
Brenton, David Jr, Shervin, Antonio, Oscar Jr, Jamari, Kanem,
Kavi Johnson, Donovan Hepburn; aunts, Drucilla, Mary, Daphne
Armbrister, Julia Pratt, Remona McClain and Arabella Johnson;
uncles, Melvin, Leaton, Charlos, Lee Asia and Arastacus
Armbrister; brothers-in-law, David Glinton and Adrian McPhee;
sisters-in-law, Juanita Armbrister, Pamela Knowles, Vera McPhee,'
Beatrice and Francina Hepburn; other relatives and friends
including, Lovely Armbrister and family, Harriet Munroe and
family, Sarah Bridgewater and family, Evelyn Wallace and family,
Maudline Maycock and family, Martha Higgs and familly, De
Glanville Panza, Jacqueline Lockhart, Dexter Armbrister, Maurice
Wallace and family, Vera Wallace and family, Demison Nesbitt
and family, Berdie and Ned Munroe and family, Cyril, Felton and
Sunny Joffee, James Dean and family, Rose Clear and family,
Beatrice Farrington and family, Andrew and Portia Armbrister;
special friends, Norman and Gloria Gardiner, Ruth Ferguson,
Gordon and Mel Wong, Leroy Archer Sr, Sharon Wilson, Leroy
Jr and Joy Archer, Fr Tyrone and Leria McKenzie, Ethel Brown
and family, Pandora Johnson, Mina Grant, Jackie McCartney,
James Ward and family, Rudy and Philip Stubbs, Patrick Williams,
Luz Arbelaez, Mizpah and Egbert Tertullien, Idris and gwen
Reid, Edward and Margaret Bostwick, Mike Lloyd, Douglas
Gilley, Ragged Island Community, Batelco family, CR Walker
and Scotish Lodge Affiliates Bahamas, Jamaica and Canada,
Joel and Raymonde Cheruet, Gary and Joycelyn Gossling, St
Christopher and Holy Spirit Churches.
Friends may pay their last respects at Bethel Brothers Morticians
#44 Nassau Street on Tuesday from 10:00 am to 6:00 pm and
Wednesday from 10:00 am to 12:30 pm. There will be no viewing
at the church.
A memorial service will be held on Monday 7:00 p4 at Holy
Spirit Anglican Church, Howard Street, Chippingham.

& (Irmtattrium

Tel: 393-2822, York & Ernest Sts.
P.O. Box N-712, Nassau, Bahamas


of Prince Charles Drive
and formerly of
Chester's, Acklins will
be heldtBn Wednesday,
July 20 2005 at 2:00
p.m. at Calvary Bible
Church Collins Avenue.
Interment will follow in
Woodlawn Gardens,
Soldier Road.

Mr. Ferguson is survived by his Wife;. Brenda Mae
Ferguson; Two (2) Sons; Ira Ferguson Jr. and Shariff
Ferguson; His Mother; Viola Ferguson of Chester's,
Acklins; Two (2) adopted-daughter; Hazel Armbrister
and Mary Jackson; One (1) Adopted-son; Carlos; Three
(3) Brothers; Edward Ferguson of Miami, Florida, Eric
Ferguson and Cedric Deveaux both of Chester's,
Acklins; One (1) Adopted-brother; Phillip Higgs; One
(1) Sister; Helen Johnson; Twenty-eight (28) Nieces,
Twenty-two (22) Nephews, Three (3) Aunts; Albertha
Fraiser, Rosalyn Hanna and Estella Ferguson; One (1)
Uncle; Leo Ferguson; Five (5) Brothers-in-law; George
Huyler, Leslie Albury, Samuel Archer, Franklyn R.
Wilson and Adam Mackey; Seven (7) Sisters-in-law;
Dorothy Huyler, Telcine Albury, Maxine Archer, Hon
Senator Sharon Wilson, Brenda Ferguson, Hattimae
Deveaux and Catherine Mackey and numerous other
relatives and friends including; Hon Member of
Parliament for Mical and Minister of Agriculture V.
Alfred Gray, Sir. Clifford Darling, Vic-President of the
Senate Rev. Dr. C.B. Moss, Minister Benjamin Gray,
Mother Gene Curry and family, Chief Counsellor Roston
Cox, Marilyn Gardiner, Winfred Major, Madalene
George, Curlena Cox, Eliza Johnson, Philip, Maggie,
Mr. & Mrs. Benjamin Williams, Delores, Sylvia,
Cynthia, Rosalyn, Sheila of Miami, Florida, Geniva
Anderson, George Thurston, Poiter family of Miami,
Florida, Elizabeth Williams, Merlene Decosta, Mable
Higgs, the Major Subdivision family, Calvary Bible
Church family and the Straw Market family.

Viewing will be held at the Chapel of Butlers' Funeral
Homes and Crematorium, Ernest and York Streets on
Tuesday from 10:00 a.m. until 5:00 p.m. and on
Wednesday from 10:00 a.m. until 12noon and from
1:00 p.m. until service time at the church.

AS A small child, Jordan
was happy-go-lucky, playful
during school recess, friend-
ly, outgoing. But inside the
classroom, he became with-
drawn. The older he got, the
more he struggled. By age
eight, he was so isolated
that teachers recommended
testing by the volunteers
and staff at Exceptional
Education Outreach (EEO)
in nearby North Eleuthera.
It didn't take long to uncov-
er the source of Jordan's
trouble he had vision. and
hearing problems. Once
diagnosed, Jordan was
treated to a school environ-
ment suited for his chal-
lenges and today at 10, he
not only studies well. He
laughs and plays and is the
picture of happiness.

At Deep Creek Middle
School, at the opposite of
the end of the 110-mile long
island, a ninth grader who
dreams of being a doctor is
preparing for college
entrance with a special pro-
gramme aimed at helping
her get high scores on her
Bahamas Junior Certificate
Secondary Examination.
EEO and Deep Creek
Middle School, two
Eleuthera-based pacesetting
educational facilities, are
guiding youngsters with far
different needs and a com-
mon goal preparing for
what lies ahead with gen-
erous awards from the
Lyford Cay Foundation's
Gifts and Grants Commit-
"EEO and Deep Creek
fill an important gap in
Eleuthera where the chal-

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sonal goals. By contrast-,
South Eleuthera's Deep
Creek Middle .School
(DCMS) has, since its incep-
tion four years ago, pre-
pared about 30 seven to
ninth graders for the
Bahamas Junior Certificate
Examination, emphasising
hands-on learning experi-
DCMS Principal Jennie
Freeman, explained: "We
also serve the community as
a library and resource cen-
The Lyford Cay Founda-
tion has shown us that they
believe in our mission and
,deeply care about
Eleuthera. These donations
help our children afford the
cost of our programme."
According to Mrs
Holowesko, both recipients
serve a broader goal.

"Above and beyond
meeting the needs of the
students they work with, not
to mention empowering
them and their families,
these two organisations do a
terrific job of focusing all of
us on the communities that
need help outside of the
major population centres.
They bring people from
Nassau, Freeport and
abroad to their communi-
ties to help improve local
know-how and best prac-
tices. They are both doing
an amazing job," she said.
"EEO and DCMS are run
extremely professionally in
a transparent manner and
with the children's needs at
the top of their agendas. It
is a pleasure to work with
Lang Fincher of EEO also
agrees that this gift from the
Foundation is also a wel-
comed blessing. "The Foun-
dation assists our efforts to
train, gather professional
resources, establish a pro-
fessional network, and pro-
vide necessary assistance
to our special needs chil-
The Gifts and Grants arm
of the Foundation, best
known for its scholarship
awards, responds to project-
specific needs throughout
the islands of the Bahamas.
This year's gifts and grants
total more than $200,000,
funding improvements in
health, education and youth

PAGE 14, MONDAY, JULY 18, 2005


Harbour Island judged best in the Caribbean

Tribune Staff Reporter
HARBOUR Island has been
named the "world's best island"
in the Caribbean region by the
internationally renowned Trav-
el and Leisure magazine.
Harbour Island was awarded
the title in the travel magazine's
10th annual-World's Best
Awards readers' survey, in
which readers were asked to
choose from all the islands
and/or cities in the Caribbean
region, including Bermuda.
Winners in all the categories
were then celebrated during a
special lunch and gala at the
Four Seasons hotel in New
York last Thursday.

"This is a major accomplish-
ment, a great honour," Minister
of Tourism Obie Wilchcombe
said yesterday, adding that the
ministry is now also preparing a
celebration for the residents of
Harbour Island.
The minister said he attrib-
utes this win to the unique and
diverse character of the island.
"Harbour Island offers a very
unique brand of tourism, it has
a lot of character," he said.
"You have a very diverse soci-
ety in Harbour Island. You have
the black and the white Bahami-
ans living and working together,
and visitors feel very comfort-
able in this environment.
"Then you have the rich liv-
ing together with the not so

wealthy. No matter who you
are, no matter the hue of your
skin, you can walk down the
streets of Harbour Island go to
the nearest snack bar or to a
five-star restaurant," he said.
Residents in the past months
have vowed to resist the pro-
posed Romora Bay Develop-
ment "with heart and soul".
They have appealed to govern-
ment to put a stop to what they
see as an unsuitable addition to
their community.
"I believe that the magic of
Harbour Island is made up of
the people, it's more than just
hotel rooms, and I am sure that
one or two developments will
not be able to kill the spirit of
these people," the minister said.

Travel and Leisure magazine
found that smaller, independent
hotels now hold more appeal

than larger ones; that interest
in off-the-beaten path locations
continues to increase, and that

low-cost and regional airlines
have become favourites among)
domestic airlines.

~"~.-.- -, -~a~~ L~I~IQ (

Cortizone 10. The best
and fastest relief against
insect bites and itches
caused by skin

rel: 393-7111 Fak:


Crowds attend funeral for

Father Anthony Roberts

* PRIME Minister Perry Christie and Deputy Prime Minister Cynthia Pratt give their
last respects to Father Roberts at the graveside. S THE procession enters Christ Church Cathedral
(Photo: Mario Duncanson /Tribune Staff) Photo: Franklyn G Ferguson

"Copyrighted Material
Svnrdijciter Co--nteant

PAGE 16, MONDAY, JULY 18, 2005


MONDAY, JULY 18, 2005


Miami Herald Business, S tocks, Analyis, Wall S

Miami Herald Business, Stocks, Analysis, Wall Street

One in three school

leavers unem

,Tribune Business Editor
'JUST over one in three
Bahamian school leavers is
unable to find a job and
becomes unemployed, a find-
ing that raises disturbing ques-
tions about the pace of eco-
nomic growth and whether the
education system is equipping
graduates with skills attractive
to employers.
The Labour Force and House-
hold Income Survey for 2004,
performed by the Department
of Statistics and just made fully
public, said data extrapolated

from its survey of 3,500 Bahami-
an households revealed that the
youth unemployment rate in this
nation was 34.6 per cent.
It also found that some 40 per
cent of those Bahamian workers
who are unemployed are aged
under 25 years-old.
The disturbing findings on the
level of youth unemployment
are likely to mean two things.
First, that the Bahamian econ-
omy is not growing rapidly
enough, and is not diverse
enough, to provide enough jobs
for the hundreds of school
leavers who graduate each sum-

Although it is not known
exactly how many high school
leavers there are each summer,
and a fair percentage may be
going on to higher education or
opt to take time out before
seeking employment, some esti-
mates put the number as high as
And second, that the
Bahamian education system,
where pupils are attaining an
average grade of 'D' in their
BGCSEs, is not producing
enough motivated and qualified
graduates who have skills that
are attractive to Bahamian

The survey did nfl)t identify
what it meant by 'yovith' unem-
ployment, but this category is
likely to include workers aged
between 15-19 years old at the
very least, and possibly those in
their early 20s.
Although he had n6t seen the
report when contacted by The
Tribune, Philip Simon, the
Bahamas Chamber of Com-
merce's executive diri:ctor, said
when told about the rate of
unemployment: "It niay speak
to the fact that the 1llconomy
may not be dynamic e nough, or
SEE page 6i6

New store boost

despite Freeport

Concrete's loss

Tribune Business Editor
FREEPORT Concrete is
hoping to move its Home
Centre retail format into a
new building by February
2006, having ended the lease
on its former hurricane-dam-
aged premises during a 2005
third: quarter that saw it fall
to a $147,088 loss. ,
Attributing the loss for the
three months to the end of
May 31 2005, to its concrete
business, Freeport Concrete
said it -Would be leasing space
in a "bi and new building" that
is cumrrntly under construction
for its *lome Centre business.
The Home Centre had been

operating exclusively from its
heavily damaged Freeport base
ever since the hurricane, some-
thing understood to have taken
a toll on sales to retail cus-
tomers, although building sup-
plies revenues had risen
because of the damage from
hurricanes Frances and Jeanne.
To counteract the fall-off in
retail sales, Freeport Concrete
said its newly-opened Home
Centre store at Seahorse Plaza
was already profitable and
"performing very well".
Despite the reduction in prof-
its, Freeport Concrete said 2005
third quarter sales were 4.8 per
cent of the 2004 comparative
SEE page 2B

Cable approval to

give south 'most

modern telecoms'

Tribune Business Editor
MANY southern Bahamas
islands will be opened up to
"the most modern telecommu-
nications" technologies, includ-
ing cable television, Internet,
video and data streams, when
a Cable Bahamas subsidiary
received formal go-ahead for its
$45 million Jamaica Bahamas
Cable System (JBCS).
, Anthony Butler, Cable

Bahamas president and vice-
president of its Caribbean
Crossings subsidiary, told The
Tribune that the latter was now
awaiting approval of its Envi-
ronmental Impact Assessment
(EIA) by the Bahamas Envi-
ronment, Science and Technol-
ogy (BEST) Commission before
the.JBCS project could proceed.
He said the company had
accomplished "step one" in
SEE page 6B

Oil companies

still waiting for

PetroCaribe detail
I S *' .. 1 1

* MINISTER of trade and industry Leslie Miller

Tribune Business Editor
BAHAMIAN oil companies
are still waiting for the Gov-
ernment to supply them with
details about how the Petro-
Caribe agreement and proposed
National Energy Corporation
(NEC) will impact their busi-
ness and supply chain, some two

weeks after the deal was first
When asked by The Tribune
if the Government had provid-
ed any details on PetroCaribe,
Louis Curti, Shell (Bahamas)
country chairman, said: "No. So
far, we are in the same situa-
tion" as when the agreement
SEE page 4B

Tribune Business Editor
THE major financial backer for New
Providence's British Colonial Hilton and
South Ocean Golf and Beach resorts has
demanded that regulators withdraw an
incomplete and inaccurate" report that
had "special concern'"about its invest- i
ments in the two Bahamian properties. M
The Canadian Commercial Industry
Workers Pension Plan (CCWIPP) has hit
out at a March 2005 report by the Financial
Services Commissi6n of Ontario (FSCO)
that criticized itfor breaching federal reg- T Britis
ulations at home through its lending and Colonial Hotel
SEE page .B

"She deserves a bright ture. That's why I

called Colina Fina cial Advisors"

For professional financial advice 1in a friendly atmosphere, you should call:

Finaintcial Advisors
Make Your Money Grow *
MoneyGrows@ColinaFinanoicom M Yuo Gw502-7007

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Nassau, N.P. Bahamas
Tel: (242) 328-3040
Fax: (242) 328-3043

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PAGE 2B, MONDAY, JULY 18, 2005


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It was a short and quiet past
week in the Bahamian market
as just over 12,000 shares
changed hands.
The market saw five out of
the 19 listed stocks trade, of
which two advanced, two
declined and one remained
Volume leader for the week
with 5,850 shares trading, and
accounting for 47 per cent of
total shares traded, was Com-
monwealth Bank (CBL).
The big advancer for the
week was Freeport Oil Hold-
ings (FCL), whose share price
rose by $0.52 to close at its new
52-week high of $8.98.
On the down side, Doctors
Hospital Health Systems
(DHS) lost $0.24 to end the
week at $2.26.

Freeport Conjcrete Company
(FCC) -
For the quarter ending May
31, 2005, FCC posted a net loss
of $147,000 or $0.03 per share
compared to net.profit of
$94,000 for the same period last
Sales increased by 5 per cent
to total $5.7 million, while cost
of sales grew by 7 per cent to
total $4.3 million. Operating
expenses rose dramatically by
some 21 per cent to total $1.4
million, compared to $1.2 mil-
lion in 2004.
The most notable increases
took place in the areas of pay-
roll costs and other operating
expenses, which rose by 22 per
cent and 60 per cent respec-
FCC management has cited
the addition of new employees
and increases in bank and pro-
fessional fees as the cause for
the sharp climb in its operating

Investors Tip of the Week

Energy Saving Tips:
Turn off appliances, lights
and equipment when not in use.
U ,Unplug electronic devices
and chargers when they are not
in use most new electronics
use electricity even when
switched 'off'.
Unplug or recycle that
spare refrigerator in the garage
if you do not really need it.

CAD$ 1.2206
GBP 1.7518
EUR 1.2037

Crude Oil $58.09
Gold $421.30

International Stock Market Indexe
DJIA 10,640.83
S&P500 1,227.92
NASDAQ .."1- *.. 2;156.78 .
Nikkei .....11,758.65

Replace air conditioner fil-
ters monthly to allow for maxi-
mum benefit. Dirty filters

% Change

% Change

% Change

restrict airflow and can cause
the system to run longer,
increasing energy use.

Home Centre to move

FROM page one
period at $5.685 million, due to
increases at its Robin Hood for-
However, this was not
enough to stop an operating loss
of $40,415 as opposed to last
year's $236,859 operating prof-
it, and the eventual net loss.
Gross profit margins fell year-
on-year from 25.8 per cent to
24.1 per cent.
There was better news for
Freeport Concrete sharehold-
ers on accounts receivables,
which fell by almost 17 per cent
during the third quarter, going
from $1.969 million at the end
of February to $1.685 million.
Apart from an "aggressive
pursuit" of overdue accounts,
which could ultimately lead to
court action as a last resort,
Freeport Concrete also refi-
nanced its credit facilities during
a busy third quarter. It also
obtained financing for the con-

crete plant relocation and block-
making plant construction.
This activity, though, caused a
rise in bank fees that pushed
general and administrative
expenses during the third quar-
ter higher to $616,397, an
amount equal to 10.84 per cent
of sales as compared to the pre-
vious year's 9.4 per cent.
Payroll costs rose to 14. per
cent of sales, compared to 12.1
per cent of sales in the 2004'
comparative period, due to
additional staff hirings for the
new Freeport Home Centre
store and costs associated with
Robin Hood's sales increases.
For the nine months to May
31 2004, the $322,916 in net
income and $16.48 million in
sales are relatively flat in com-
parison to the 2004 figures.
However, increases in payroll
and other costs had prompted a
rise in expenses to $3.788 mil-
lion compared to the previous
year's $3.525 million.

WISE Co^lina
Financial Advisors Ltd.
Pricing Information As Of:
14 July 2005

52wk-HI 52wk-Low Symbol Previous Close Tocisy's Close Change Dally Vol. EPS $ Div $ PIE Yield
1.10 0.89 Abaco Markets 0.89 0.89 0.00 -0.208 0.000 N/M 0.00%
8.70 8.00 Bahamas Property Fund 8.70 8.70 0.00 1.452 0.340 6.0 3.91%
6.44 5.55 Bank of Bahamas 6.44 6.44 0.00 0.561 0.330 11.5 5.12%
0.85 0.70 Benchmark 0.70 0.80 0.10 1,300 0.187 0.000 4.3 0.00%
1.80 1.40 Bahamas Waste 1.40 1.40 0.00 0.122 0.000 11.5 4.29%
1.06 0.87 Fidelity Bank 1.05 1.05 0.00 0.062 0.050 16.9 4.76%
8.65 6.76 Cable Bahamas 8.00 8.00 0.00 0.589 0.240 13.6 3.00%
2.20 1.72 Colina Holdings 2.20 2.20 0.00 0.259 0.060 8.5 2.73%
9.08 6.75 Commonwealth Bank 8.85 8.80 -0.05 5,850 0.673 0.410 13.1 4.66%
2.50 0.58 Doctor's Hospital 2.50 2.50 0.00 0.452 0.000 5.5 0.00%
4.12 3.85 Famguard 4.12 4.12 0.00 0.428 0.240 9.6 5.83%
10.50 9.12 Finco 10.50 10.50 0.00 0.662 0.500 15.7 4.76%
8.75 7.00 FirstCaribbean 8.75 8.75 0.00 0.591 0.380 12.6 4.34%
8.98 8.31 Focol 8.46 8.98 0.52 5,200 0.708 0.500 12.7 5.57%
1.99 1.27 Freeport Concrete 1.15 1.15 0.00 0.082 0.000 14.0 0.00%
10.20 9.50 ICD Utilities 9.60 9.60 0.00 0.818 0.405 11.7 4.20%
8.25 8.20 J.S.Johnson 8.30 8.30 0.00 0.561 0.550 14.8 6.75%
6.69 4.36 Kerznerlinternational BDRs 5.87 5.88 0.01 0.184 0.000 31.9 0.00%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 2.010 0,565 5.0 5.65%
52wk-HI 52wk-Low Symbol Bid $ Asl: $ Last Price Weekly Vol. EPS $ Div $ PIE Yield
13.00 12.50 Bahamas Supermarkets 12.25 13.25 11.00 1.488 0.960 9.1 7.25%
10.14 10.00 Caribbean Crossings (Pref) 10.00 10.35 10.00 0.000 0.800 NM 7.80%
0.60 0.40 RND Holdings 0.29 0.00 -0.068 0.000 NM 0.00%
43.00 28.00 ABDAB 41.00 43.00 41.00 2.220 0.000 19.4 0.00%
16.00 13.00 Bahamas Supermarkets 13.00 14.00 13.00 1.105 0.810 14.6 6.93%
0.60 0.35 RND Holdings 0.29 0.5 4 0.35 -0.103 0.000 N/M 0.00%

1.2339 1.1710 Colina Money Market Fund 1.233938*
2.3657 2.0018 Fidelity Bahamas G & I Fund 2.3657**
10.4330 10.0000 Fidelity Prime income Fund 10.4330**"
2.2487 2.0985 Colina MSI Preferred Fund 2.248725"
1.1200 1.0510 Colina Bond Fund 1.120044* ..

BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price
52wk-HI Highest closing price in last 52 weeks Bid $ Buying price of Colina and Fidelit)
52wk-Low Lowest closing price In last 52 weeks Ask $ Selling price of Colina and fidelitI
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price
Today's Close Current day's weighted price for daily volume Weekly Vol. Trading volume of the prior week
Change Change in closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid in the last 12 months NIM Not Meaningful
PIE Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100
- AS AT MAY. 31, 20051 **- AS ATMAY. 31, 2005
SAS AT MAY 27, 20051*- AS AT JUNE. 30, 20051 *** AS AT JUNE. 30,2005

0ingR tNd

REE~ U URE i l'm lovin' it


Prime lot in exclusive gated community On the water
One of the largest properties in the nautical enclave of
Prestigious Port New Providence
Priced below market for quick sale

Phone 242-424-3641 or 242-357-3535
BREA Realtors welcome, please add fte



The Local Stock Market

FINDEX 435.63 YTD 1.321%
AML $0.89 $- 0 -19.09%
BAB $1.05 $- 0 .9.38%
BBL $0.80 $0.10 1300 -5.88%
BOB $6.44 $- 0 12.00%
BPF $8.70 $- 0 8.75%
BSL $12.25 $- 0 -5.77%
BWL $1.40 $- 0 -22.22%
CAB $8.00 $- 0 12.68%
CBL $8.80 $-0.05 .5850 23.94%
CHL $2.20 $- 125 0.00%
CIB $8.75 $- 0 16.82%
DHS $2.26 $-0.24 1000 50.67%
FAM $4.12 $- 0 4.04%
FCC $1.15 $- 0 -42.21%
FCL $8.98 $0.52 5200 12.25%
FIN $10.50 $- 0 8.25%
ICD $9.60 $- 0 -2.93%
JSJ $8.30 $- 0 0.97%
KZLB $5.88 $-0.01 0 -2.97%
PRE $10.00 $- 0 0.00%

* Benchmark (Bahamas) (BBL) has declared a dividend of
$0.01 per share payable on July 29,2005, to all common share-
holders as at record date July 15, 2005.

0 Kerzner International (KZL) will hold its Annual General
Meeting on July 19, 2005, at 10am at Atlantis, Paradise Island,
Coral Towers, New Providence Room, Nassau, Bahamas.

International Markets




Think tank's warning not to rely

on cheap fuel from Venezuela

Tribune Business Editor
An economic think-tank has
told Bahamians they cannot
"count" on the lower oil and
gas prices promised by the
PetroCaribe agreement, as it
potentially leaves this nation
reliant on a single supplier with
the oil companies having been
forced from this market.
The Nassau Institute said the
agreement the Bahamas struck
with Venezuela, which aims to
cut out the oil companies and
middlemen through an
arrangement that would see
this nation establish a National
Energy Corporation to direct-
,ly purchase oil from the
Chavez administration, would
establish another government
monopoly and was not the way
to go.
Apart from potentially leav-
ing'the Bahamas reliant on just
-one source of oil, the Nassau
Institute and other PetroCaribe
Scritics hae 'been questioning
Sh6ivWthe agreement would be
implefleifted in practice.
It was unclear, for example,
'whether-the National Energy
'Corporation would sell the oil
it purchased from the
VebiuetiJ an ate-oWned oil
coriifi,'," VSA', t6 Shell,
Texaco and Esso, or whether it
might seek to cut them out of.
the suppl '.chain and deal
directly with the gas station
However, the retailers are
all tied to purchasing oil from a
specific company due to the
franchising agreements they
,have with the three oil suppli-
ers. If Leslie Miller, minister
of trade and industry, who is
the driving force behind the
PetroCaribe initiative, decides
to go down this route, it would
mean a fundamental restruc-
turing of the Bahamian petro-,
'leum industry that could force

Nassau Institute

questions efficacy

of deal with Chavez


out the oil companies.
The Nassau Institute said:
"If the deal with Chavez suc-
ceeds in forcing the withdraw-
al of the current suppliers due
either to government coercion
or undercutting prices, and the
country is left dependent on a
single supplier, there is no
guarantee that the good times
of the initial lower prices will
last. In fact they won't last,
count on it."


It instead urged the Govern-
ment against becoming direct-
ly involved in the oil supply
chain through the National
Energy Corporation, and urged
it to reassess its current poli-
cies, including price controls
and the taxes it levies. These
are $1.06 on the price of a gal-
lon of gas, plus 7 per cent
stamp duty on the cost of
imported fuel.
The Nassau Institute said:
"The Government of the
Bahamas has for some time
been much involved in the
market for fuel. Price controls,
limiting the number of suppli-
ers, taxation and other regula-
tions, have been factors in the
,-price at the pumps,
"Government, through the
newly created National Energy

Council, has expanded its role
and the outcome based on past
history of government man-
agement in other areas of the
economy is predictable.
"A brutal fact of life is the
record of Government mis-
management that demands a
free market solution to the
problem of high fuel prices,
rather than a government
monopoly solution that dimin-
ishes market forces even fur-
The economic think-tank,
like other critics and analysts,
warned that in Venezuela's
eyes, PetroCaribe was more
than just a fuel supply deal, and
constituted an attempt by the
country's president to extend
his influence throughout the
"Leslie Miller was lured into
the PetroCaribe agreement
with the promise of lower
prices. He succumbed to the
proverbial 'free lunch' princi-
ple. The Chavez agenda for
'regional energy integration'
ought to be a wake-up call for
the defenders of economic
freedom in the Bahamas. What
else could be 'integrated' into
the Chavez agenda for the
Caribbean? the Nassau Insti-
tute asked.
"Time will tell who becomes
the lunch and who gets to' eat
it /' : .. .

Features for 1.6 litre model include: automatic Features for 1.8 litre model include: automatic
transmission, air conditioning, power windows, transmission, air conditioning, power windows,
locks & mirrors, immobiliser and CD player. locks & mirrors, immobiliser and remote keyless
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upholstery and CD changer.

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AUTHORISED TOYOTA DEALER Salespers6:ji i Palacious,
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The Management of Banca del Gottardo commemorated its 30th Anniversary
in The Bahamas by inviting its staff to a casual dinner at Luciano's of Chicago.
In this friendly environment the Management thanked the staff for their loyal
services. Three members of the staff were honored in particular for their long-
standing services. Mrs. Candace Russell (left), Payments Department, Mrs.
Patricia Mackey, Associate Director, Accounting and Payments (right) and
Ms. Vernita Sweeting, messeger (center) celebrate their 30th anniversary with
our organisation. Congratulation

30th A nniversary StaffDinner atL udano's of Chiago


frmivnkt to nigbt: Candace Russell, Payments Department, Bruno Pletscher, Director Operations
and Human Resources, Vernita Sweeting, Messenger, Fabrizio Tuletta, Director and Head
of Banca del Gottardo Nassau Branch, Patricia Mackey, Associate Director, Accounting and
Payments Department.

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Dr. W. Alan Tomlinson

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Tue dayJuly 1# 2005

Hdy Trinity Activity Center

MONDAY, JULY 18, 2005, PAGE 3B


PAGE 4B, MONDAY, JULY 18, 2005


Lehman still controls Royal Oasis' destiny

Tribune Business Editor

A NEW York-based private
equity company holds the key
to whether plans by a flamboy-
ant US attorney and his part-
ners to purchase the Royal
Oasis Crowne Plaza & Golf
Resort as part of a potential
$300 million tourism develop-
ment will come off.
Although wealthy attorney
Willie Gary sounded confident
that he and his partners could
restore the fortunes of the Roy-
al Oasis and Grand Bahama in
interviews given at Nassau
International Airport, it is
Lehman Brothers' private
equity arm, which holds a
mortgage on the resort, that
controls the property's ultimate


Lehman Brothers, which
financed the 2000 acquisition
of the Royal Oasis, has effec-
tively positioned itself as the
resort's owner, creditor with
first call on its assets, and oper-
ator by virtue of the stake it
holds in Driftwood, the hotel's
Lehman Brothers and Drift-
wood are seeking to sell the
Royal Oasis for a sum equal to
its massive liabilities, and
sources have told The Tribune
that the pair are seeking too
high a purchase price, given the
resort's troubled history and
financial performance. Apart
from the initial purchase price,
the two are understood to have
sunk some $60-$70 million into
the Royal Oasis.
It is unclear whether Mr Gary
and his partners have spoken
to either Driftwood or Lehman
Brothers about their proposed
plans, but as the Royal Oasis is
privately owned, they must
clinch a deal with the current
owners in the first instance
rather than the Government.

Please reply to:

Mr Gary said he and his busi-
ness partners had visited the
Royal Oasis with construction
experts several times in recent
months, and he was talking to
wealthy African-Americans
such as Michael Jackson,
Michael Jordan and Shaquille
O'Neal about joining a potential
Harcourt Developments, the
Irish land developer; has
already pulled out of negotia-
tions with Lehman Brothers,
although the Government was
quick to mention that other par-
ties were interested in the
Kirk Antoni, the legal repre-
sentative for Harcourt and a
partner in the Grand Bahama-
based firm, Cafferata and Co,
previously told The Tribune his
client pulled out of negotiations
when Lehman Brothers
declined to extend the due dili-
gence period.
"There's no deal. The Irish
group have pulled out. They
were in pre-contract negotia-
tions for the sale but no agree-
ment could be reached with
Lehman Brothers," Mr Antoni
"Harcourt Developments is
a major investor in Bahamia
and they are involved in a siz-
able development in Suffolk
Court, and will continue to
invest in Grand Bahama. As
of now, they are not pursuing
anything with the Royal
Based on the age of the resort
buildings, it is likely that Har-
court Developments would
have had to do major renova-
tions to the internal infrastruc-
ture of the property.
But before determining what
the reconstruction costs would
be, they needed to do an in-
depth investigation.
Mr Antoni said Lehman
Brothers was not prepared to
extend the period unless Har-
court paid a substantial non-
refundable deposit to them to
keep the property off the mar-

The Tribune Limited
DA 3864
P.O. Box N 3207
Nassau, Bahamas

Three year previous experience in Travel Agencies management
Fully trained in Tour Tek Computer System
Experience organizing team work
Analytical skills for direction.
Strong Accounting knowledge.
Speak Spanish fluently.
Wide Knowledge of the Cuban Tourist products

Applicant shall send the resume to
P.O. Box EE-16319 before July 25.
Only the successful applicants will be contacted.

Temple Christian Elementary School invites applications
from qualified teachers for the 2005-2006 school year:

1 Art Teacher

Applicant must:

A. Be a born-again practicing Christian who is willing
to subscribe to the Statement of Faith of Temple
Christian Schools.

B. Have an Associates and or Bachelor's Degree
in Education from a recognized College or
University in the area of specialization.

C. Have a valid Teacher's Certificate or Diploma.

D. Be willing to contribute to the school's extra
curricular program.

Application must be made in writing with a full Curriculum
Vitae, a recent coloured photograph and three references
should be sent to:

The Principal
Temple Christian Schools
Collins Avenue
P.O. Box N-1566
Nassau, Bahamas

ket, something the Irish firm
declined to do.
The Royal Oasis has been
closed since Hurricane Frances
badly damaged it last Septem-
ber, causing significant damage
to Grind Bahama's economy
due to the fact that its 1300
employees have been left with-
out work, and that its rooms
represented about one third of
the inventory for the island.


Lehman Brothers and Drift-
wood, which operated the resort
under a management agree-
ment, decided to collect the
insurance proceeds from the
hurricane claims and sell the
Royal Oasis for a sum not less
than its massive liabilities, which

then totalled some $22 million.
The insurance claims has since
ended up before the US courts.
This included $13 million in
unpaid casino taxes, $4.1 mil-
lion in contributions to the hotel
union pension fund, $2.7 mil-
lion owed to the Grand Bahama
Port Authority and its compa-
nies and $2.5 million to the
National Insurance Board
(NIB). A further $55,000 was
owed to Grand Bahama-based
suppliers of the hotel.
The owed NIB and union
dues have since been paid off.
Last month, former employ-
ees of the Royal Oasis received
a $5 million payout from the
Government, as part of its
agreement to underwrite the
$6.1 million redundancy pay-
ments owed by the operators of
the resort.

The remaining $1.1 million is
subject to parliamentary
approval before it can be dis-
Meanwhile, Prime Minister
Perry Christie used the ground-
breaking for Eleuthera Proper-
ties $300 million Sea Shells at
Cotton Bay resort to express
the Government's disappoint-
ment that other investment pro-
jects on the island had not pro-
ceeded more rapidly.
Referring to a development
in central Eleuthera, Mr
Christie said: "This was
announced at least a year to 18
months before we announced
this development, and I am dis-
appointed that they have not
taken the steps that we had
Mr Christie said he expects
those developments to move

ahead because of the effort gov-
ernment is making to propel
investors towards development.
Although the Prime Minister
did not identify the project he
was talking about, US investor
Edward Lauth had signed a $40
million Heads of Agreement to
redevelop the former Club Med
property at Governor's Har-
Allyson Maynard-Gibson,
minister of financial services
and investments, had previous-
ly told The Tribune that the
investor was in talks with the
Government about revising the
Heads of Agreement.
Another project announced
for Eleuthera several years ago
was a $70 million proposal to
revive the Windermere Island
Club by US investor Joseph
Carry Rich.

Oil companies still in the dark on PetroCaribe

FROM page one
was signed at the end of June.
Suspicions are increasing that Leslie
Miller, minister of trade and industry,
signed up to the PetroCaribe accord with-
out Cabinet approval. It is also understood
that the regional and international head
offices for the three main oil companies -
Shell, Texaco and Esso are nervous about
what the signing of the agreement means
for their operations in the Bahamas and
other Caribbean nations that signed up to
Although Mr Miller has previously said
the PetroCaribe agreement with
Venezuela is nothing more than an oil and
petroleum supply agreement, that coun-
try's populist president, Hugo Chavez,
views it as a critical piece in a wide jigsaw
puzzle designed to provide a buffer
between his government and the Bush
In particular, the first clause of the nine-
page draft document binds PetroCaribe,
which is intended to contribute to "energy
security, Caribbean social and economic
development and regional integration", to
what is termed as the "Bolivarian Alter-
native for the Americas" (ALBA).
This is Mr Chavez's counter to the US-
sponsored Free Trade Area of the Amer-
icas (FTAA), and the sight of the Bahamas
and Caribbean countries signing up to an
initiative promoted by a leader who is 'per-
sona non grata' in Washington is unlikely
to go down well with the Bush adminis-
Supporters of the PetroCaribe agree-
ment privately agree that the language
used in the draft is unfortunate, but point
out the benefits it will bring the Bahamas



RBC/Royal Bank of Canada invites tenders for the purchase
of the following:
"ALL THAT piece parked or Lot "5", Block #31, Shirley Hights
situated in the Southern District of the Island of NewProvidence
one of the Islands of the Commonwealth of the Bahamas.
Situated thereon is a Single family Residence consisting of (2)
bedrooms, (1) bathroom.

This property is being sold under Power of Sale contained in

Property Size: 5,000 sq. ft.
Building Size: 850 sq. ft.

All offers should be forwarded in writing in a sealed evelope,
addressed to the Manager, Royal Bank Loan Collection Centre,
P.O. Box N-7549, Nassau, Bahamas and marked "tender 7927".,
All offers must be received by the dose of business 4:00 pm,
Friday 22nd July, 2005.



RBC/Royal Bank of Canada invites tenders for the purchase
o6f the foll owing:

"ALL THAT piece parcel or Lot #15, Malcolm Allotment,
situated on one of the islands of the Commonwvalth of the
Bahamas in the Southern District situated thereon is a Single
Familly Residence consisting of (3) bedrooms and (2) two

This prolxrty is being sold under Power of Sale contained in

Property Size: 5,000 sq. ft.
Building Size: 950 sq. ft.

All offers should be forwarded in writing in a sealed envelope,
addressed to the Manager, Royal Bank Loan Collection Centre,
P.O. Box N-7549. Nassau, B1ahamas and marked "tender 6306".
All offers must be received by the close of business 4:00 pm,
Friday 22nd July, 2005.

in terms of lower gas and electricity costs,
which will reduce the cost of living.
They are arguing that the oil companies
have long exploited the Bahamian mar-
ket for excessive profits, and say there
should be no fears about Venezuelan oil
drying up, as supplies continued despite
a 2003 strike aimed at toppling President
Chavez. Venezuela is also the third largest
supplier of oil to the US, and is the source
from which the Bahamas already gets its
oil anyway.
And PetroCaribe's backers add that the
agreement Mr Miller signed does not yet
bind the Bahamas to procuring oil in this
manner, as this needs a Heads of Agree-
ment to be negotiated directly between
Nassau and the Chavez administration.
A draft copy of the PetroCaribe accord
obtained by The Tribune shows how much
Venezuela will subsidise Bahamian pur-
chases of oil from PDV Caribe, an affiliate
of its PDVSA state-owned oil company.
If the price is above $15 per barrel, the
level of subsidisation will be 5 per cent.
For $20 per barrel it will be 10 per cent; $22
per barrel at 15 per cent; $24 per barrel at
20 per cent; $30 per barrel at 25 per cent;
$40 per barrel at 30 per cent; and for $50
and $100, 40 per cent and 50 per cent
Thegrace period for financing will be
extended from one year, as laid out in the
Caracas Energy Accord, to two years, with
the grace period for short-term financing
extended from 30 days to 90 days.
The PetroCaribe deal also allows for
credits and the exchange of technologies to
allow the Bahamas and other Caribbean
countries to develop fuel efficiency pro-
grammes and systems.
Venezuela has also pledged to help the

Bahamas establish its National Energy
Corporation (NEC), and provide further
savings through shipping oil at 'cost price'.
In return, Venezuela can purchase items
such as sugar, bananas or other goods and
services "that are believed to be affected
by the trade policies of rich countries" at
preferential rates from the Bahamas and
other Caribbean nations.
Mr Miller has touted cost savings for
the Bahamas Electricity Corporation
(BEC) as one of the major benefits to flow
from PetroCaribe.
"BEC could easily save between $10
and $15 million a year with this agree-.
ment. We have a deal now where BEC
can purchase 60 per cent of their fuel and
get the other 40 per cent on credit. And on
that 40 per cent they have 90 days to pay
for it, with only a one per cent interest
rate. And, Venezuela has agreed to also
assist in the shipping of the fuel," he said.
The oil companies have said many issues
have to be accounted for in the oil supply
chain, apart from cutting out the middle-
men their offshore subsidiaries and bro-
kers as Mr Miller and PetroCaribe have
promised to do.
Among the issues to be accounted for
are shipping, security, storage facilities,
bunkering, inventory levels and taxation.
The oil companies, due to their inter-
national networks and expertise, are able
to switch oil suppliers "seamlessly" to
refineries in the US, Europe and the Far
East if produce from one source was dis-
rupted, thus guaranteeing security and a
reliable supply.
It is unknown at this point, though, if
the same qualities had been allowed for
when Mr Miller signed on to the Petro-
Caribe accord.



RBC/Royal Bank of Canada invites tenders for the purchase
of the following:

"ALL THAT piece parcel or Lot #12, Elmas Close; Sandilands
Village situated in the Eastern District on one of the islands
of the Commonwealth of the Bahamas. Situated thereon is a
Duplex Apartment consisting of 1(2) bedrooms, (2) bathroom
and 1 (2) bedrooms, (1) bathroom.

This property is being sold under Poxwer of Sale contained in

Property Size: 5,873 sq. ft.
Building Size: 1,870 sq. ft.

All offers should be forwarded in writing in a. saled envelope,
addressed to the Manager, Royal Bank Loan Collection Centre,
P.O. Box N-7549, Nassau, Bahamas and marked "tender 0887".
All.offers must be received by the close of business 4:00 pm,
Friday 22nd July, 2005.



RBC/Royal Bank of Canada invites tenders for the purchase
of the following:

"ALL THAT piece parcel or Lot of Land being No. 23,
Carmichael Road, situated in the Southern District of the
Island of New Providence one of the islands of the
Commonwealth of the Bahamas. Situated thereon is a
Commercial Building.

Propety Size: 14,465 sq. ft.
Building Size: 1,200 sq. ft.

This property is being sold under Pow\er of Sale contained in

All offers should be forwarded in writing in a sealed envelope,
addressed to the Manag.-, Royal Bank Loan Collection Centre,
P.O. Box N-7549, Nassau, BRahuamas and marked "tender 07586".
All offers must be received by the close of business 4:00 pm,
Friday 22nd July, 2005.

for 24 apartment condominium on Cable Beach.
References and business experience essential.

Demand for

withdrawal of

critical report

FROM page one
financial support of the Hilton
and South Ocean, plus other
Caribbean resorts acquired by
entrepreneur Ron Kelly.
"After more than two years
of .an examination with which
CCWIPP fully cooperated, it is
shockingly irresponsible of
FSCO to issue a report riddled
with regulatory compliance alle-
gations that have been dis-
proved with documentation
FSCO admits was provided but
that it has yet to review," Ron
Christophe, a CCWIPP trustee
said in a statement.
The pension fund, which has
been slammed from all sides
by regulators, plan members,
trade unionists and Canadian
media after The Tribune first
revealed its huge exposure and
failing investments in the two
Bahamian resorts in 2003, said
it had assembled and provid-
ed to the regulator "thousands
of pages" of documents fol-
lowing a December 20o4 draft
To justify its call for the
FSCO to withdraw its report,
CCWIPP and its Board of
Trustees said the regulator had
admitted in its March 2005
report that it was allegedly still
reviewing that information.
"It is completely unaccept-
able that a public agency
responsible for ensuring pen-
sion fund integrity should issue
what it admits is an incomplete
report one that could poten-
tially damage CCWIPP's repu-
tation in Canadian and interna-
) tional investment communities,
negatively affect CCWIPP's
investment partners, such as
banks. and other pension funds,"
said Mr Christophe.
"We have asked that this
report by withdrawn until there
is thorough consideration of all
the documentation provided by
CCWIPP that answers the com-
pliance concerns raided by
The FSCO report, the con-
tents of which were revealed by
The Tribune in May this year,
demanded that the Board of
Trustees conduct "a complete
independent due diligence
review" of their investments in
the British Colonial Hilton and
South Ocean to determine,

among other issues, whether all
funds advanced to the resorts
since December 2000 are


The report said that over an
18-month period between June.
14, 2001, and December 22,
2003, CCWIPP advanced a total
of almost $20 million to the.
British Colonial Hilton and
South Ocean resorts.
Over that period, some
$11.638 million was sent to
South Ocean's holding compa-
ny, the South Ocean Develop-
ment Corporation, through
Propco 34, the investment vehi-
cle which acts as the 'in' com-
pany for CCWIPP to funnel
funds to that property.
Similarly, some $8.304 mil-
lion was channelled to the
British Colonial Hilton through
Propco 39, which acts as the 'in'
company for that resort. Lend-
ing to the resorts has contin-
ued through 2004, the report
There are few details in the
Commission's report as to what
all the CCWIPP advances were
used for, although some were
used for "working capital" at
South Ocean, and others to ser-
vice both interest and principal
payments to Scotiabank.
The Commission's examina-
tion of CCWIPP blasted the
pension fund for poor record
keeping and the absence of
financial statements in relation
to companies through which
investments in the British Colo-
nial Hilton and South Ocean
were made.
The regulator was especially
concerned at the absence of
financial statements for two
companies, PRK Holdings, a
Bahamian entity, and RHK
Capital, firms through which the
Propco entities send money to
the Bahamian resorts. This, it
added, made the pension fund
non-compliant with Canadian
The Commission said that
since assuming RHK's obliga-
tions in 2000, CCWIPP had
advanced $32.285 million to the
resort properties in the
Bahamas and Jamaica, "but
there is no documentation to

indicate to whom these
advances were made".
In relation to the two Prop-
cos lending funds to the
British Colonial Hilton and
South Ocean and other
Caribbean investments, "there
were no signed debt agree-
ments covering these advances
indicating the lender, borrow-
er, interest rate and repayment


"There was no documenta-
tion to indicate whether an
analysis of the pension fund's
security in respect of these
advances had been performed,
or alternately, remains in place
and continues to secure obliga-
tions under the guarantees."
In a reference to the current-
ly-closed South Ocean resort,
the regulator said: "There is
nothing on file to indicate that
the Board [of CCWIPP
trustees] has given considera-
tion to the exposure of the pen-
sion fund in respect of these
investments nor taken steps to
secure the assets for the pen-
sion fund."
The regulatory review called
for "full appraisals" of the
Bahamian properties to be per-
formed by "arm's length
appraisers" to determine what
could be raised through their
"forced sales", either as going
concerns or closed properties.
In addition to demanding full
financial statements for PRK
Holdings and RHK Capital, the
regulator also called for "full
disclosure" on how alladvances
from CCWIPP had been used,
confirmation that the pension
fund was in a legal position to
sell the properties, and legal
opinions to confirm" there was
proper documentation in place
to "recover all funds" that had'
been advanced.
The report said CCWIPP had
advised the regulator that its
"Caribbean counsel" had given
a legal opinion that "they were
not aware of any impediment"
to the pension fund from start-
ing collection procedures or
enforcing its mortgage rights in
relation to the two Bahamian
and other Caribbean proper-

College &, Gradate
School of d iucatioi

The College of The Bahamas

Graduate Programmes Office

in collaboration with

Kent State University

Graduate School of Education

will offer the



Applications for the programme are available at
COB's Graduate Programmes Office,
School of Hospitality & Tourism Studies,
Thompson Blvd.

Application deadline extended to
July 29, 2005

Please direct enquiries to:
Mrs. Sonya Wisdom
Graduate Programmes Officer
Fax: 325-8175 Phone: 323-6804 or 325-0271 Ext. 6604


Ms. Juliet Collie
Secretary, Graduate Programmes Office
Fax: 325-8175 Phone: 323-6804, 323-6804 or 325-0271
Ext. 6607

The Management of Banca del Gottardo and Gottardo Trust Company Ltd. welcomed the
return of 3 of their staff members who recently traveled to the Head Office in Lugano,
Switzerland as part of an ongoing exchange and training program. Ms. Kendra Allen,
Administrator in the Documentation Department, had a first hand experience during 4 weeks
with respective specialists at Head Office and was able to practice her knowledge of Italian.
Ms. Lillian Russell, Associate Director and Trust Officer also spent 3 vwees with her counterparts
in Lugano, where she established important links with the financial planning department and
experienced an exposure to the Italian language, which she is presently studying. Mrs. Andraea
Singleton-Saunders, Associate Director, Compliance Officer and Legal Advisor of the Bank,
who joined the Bank in February, got an intensive 5 week introduction and jump start in the
Italian language at the famous language school "Leonardo Davinci" in Florence, Italy. She
then visited Head Office for 2 weeks, where she interacted with the key persons of the legal
and compliance area and also had the opportunity to meet members of the executive managent.
Thanks to these trips, a vast array of knowledge in their respective fields of work was achieved
and additionally the 3 persons had an opportunity to experience the bank's and it's country's
culture. The Gottardo Group intends to continue with this program to widen its staffs'
knowledge and experience.

from lgt to nrght: Paolo Filippini, CEO Gottardo Trust Company Ltd., Lillian Russell, Associate Director and
Trust Officer, Kendra Allen, Administrator Documentation Department, Andrea Singleton-Saunders, Associate
Director, Compliance Officer and Legal Advisor, Fabrizio Tuletta, Director and Head of Banca del Gottardo Nassau

HE C o :C,

MONDAY, JULY 18, 2005, PAGE 5B






(In Voluntary Liquidation)

Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 13th day of
July, 2005. The Liquidators is Argosa Corp. Inc., of P.O.
BOx N-7757 Nassau, Bahamas.





Notice is hereby given that in accordance with Section
137(8) of the International Business Companies Act, 2000,
the dissolution of CARLENI ENTERPRISES LTD. has
bden completed; a Certificate of Dissolution has been issued
antd the company has therefore been struck off the Register.


I GN-244

Third of school leavers

are unable to find jobs

FROM page one perfect equality" for the mid- for the poorest Bahamian fam-
die class, showing income dis- ilies have failed.
it may speak to the fact that not tribution had become more The Labour Force:survey also
enough new businesses are uneven over the last five years. found that while the Bahamian
being created. For 2004, the poorest 20 per workforce had grown by 1.4 per
"It may speak to the finan- cent of Bahamian households cent between 2003 and 2004,
cial and economic difficulties of accounted for just 4.1 per cent increasing from 173,795 to
people becoming entrepre- o-f to6ialTfiusehold income, 176,330, the labour force par-
neurs." while the wealthiest 20 per cent ticipation rate was just 75.5 per
Whatyeverthe.rootcause, the- --accounted-for43pe cent i...- c-nt.
fact that so many young The survey defined the labour
Bahamians find it difficult to ] 1[ rOVer 11nft force participation rate as "the
obtain work upon leaving edu- P percentage of the population 15
cation, and that such a high per- years of age that is in the labour
centage of unemployment is While still a marked improve- force people who work or are
concentrated among those aged ment over readings for 1973 and looking for work". This implies
under-25, means that this nation 1986, when the wealthiest 20 per that almost 25 per cent of those
could suffer potentially severe cent of Bahamian families aged 15 are unemployed or are
social consequences and unrest. accounted for 75-80 per cent of not actively seeking employ-
The Labour Force survey also total household income, the sur- ment, with the vast majority of
showed that household income vey showed that the poorest 20 these likely to be retirees and
inequality had become slightly per cent had effectively stay-at-home mothers.
more pronounced since 1999. remained stuck at around 4.1 per The labour force participa-
Using an analysis called the cent of the total for since the tion rate for women was 69.4
Lorenz Curve, the survey found Bahamas became independent. per cent in 2004, while that for
that the line measuring the ley- Again, this indicates that the men was 82.6 per cent.
el of income inequality in the policies of both FNM and PLP The Labour Force survey
Bahamas had moved slightly governments to eradicate found that there was a 2.1 per
further away "from the line of income inequality' and poverty cent increase in persons being

hired throughout the Bahamas
in 2004, which helped bring the
overall unemployment rate
down from 10.8 per cent to 10.2
per cent.
However, Grand Bahama
saw its unemployment rate
grow, likely as a result of Hur-
ricanes Frances and Jeanne.
Looking at the whole
Bahamas, the Labour Force
survey found that the hotel and
restaurant sector experienced a
17 per cent decline in employ-
ment during 2004, which is like-
ly to have been a product of the
closure of several major resorts,
such as the former Sheraton
Grand on Paradise Island, the
South Ocean Golf and Beach
Resort and the Royal Oasis
Crowne Plaza and Golf Resort
in Grand Bahama.
However, industries such as
electricity and water, with a 15.3
per- cent increase; and whole-
sale and retail, with an 11.4 per
cent rise, saw "significant
growth" in employment.

Cable subsidiary gets go-ahead

torun-serv icesin the south

FROM page one with the system," Mr Butler structing the existing Bahamas
said. "Our team in the early Internet Cable System (BICS),
obtaining regulatory approval part of thsisyear,.yite.dalLthe.e wh.ich. connects New.Provi-
-from-the-Piblictiiitieseor'" is-Taidlandading sites with all the dence, Abaco, Grand Bahama
mission (PUC), the telecom- Government agencies." and Eleuthera in a ring-shaped
munications regulator, and Among the landing points for network with the US.
receiving permission irom the JBCS, which will be a fibre Mr Butler added that the
BEST was step two. optic telecommunications sys- JBCS system would "open 'up
Once the EIA was approved, tern linking the Bahamas and the remoter islands to the most
Mr Butler said the final step to Jamaica, are Bannerman Town modern telecommunications
be achieved before Caribbean in Eleuthera; Fresh Creek in technology".
Crossings could proceed was to Andros; Landfall Point in Once Caribbean Crossings
gain the submerged landing Crooked Island; Clarence Town receives the go-ahead, it will be
leases for the points where the in Long Island; Georgetown in able to supply the southern
JBCS system would connect Exuma; and Matthew Town in Bahamas with the services
with thed various Bahamian Inagua. many in the northern and cen-
islands. Mr Butler said the system tral Bahamas have come to take
."We've still got the applica- would "replicate the technolo- for granted.
tion in for the BEST approval gies and methodologies" Cable Doing so is made economi-
for all the landings associated Bahamas had used in con- cally viable by the link to
Jamaica, as the JBCS system's
profits will come from carrying
a g g telecommunications and data
i traffic from that nation.
Mr Butler said Jamaica had
been pushing hard for the JBCS
system, having realised the

Seeks the following professionals to join our team. Must be self motivated and
'willing to be flexible and work various-assigned.woik.shifts and have good
communication skills. In our employees, we look for a passion to anticipate and
meet our guests needs and an insatiable desire to attain the highest levels of quality
and guest service. All applicap s.jnthbefirst instant-are askedto forward'tleir
""-pa aioineiler with resume, photo and two previous employment references to: or mail to: Private Destinations, P.O. Box
Must possess a very good knowledge of the science of growing and maintaining
flowers, plants, shrubs, trees and lawns. Minimum three-years experience and/or
training in related field. Good understanding of landscape planning. Ability to read
and interpret English. Ability to apply common sense understanding to carry out
written or oral instructions. Responsibilities including watering, planting and
maintaining plants, flowers, shrubs, trees and lawns. A knowledge of the use of
chemicals and pesticides would be an advantage.
Responsible for the maids and houseman assigned to Housekeeping and Laundry
duties. Works closely with the Resort manager to coordinate all Housekeeping and
Laundry cleaning tasks and assignments. This includes but is not limited to:
Purchasing of cleaning and Laundry materials, monitoring all inventories, cleanliness
of all interior and public spaces, setting up appropriate task lists, inspecting guest
rooms and provide on the Job training where and whenever needed. This is a very
hand's on position. Minimum of 1-year hotel experience in a similar position and
excellent communication skills.
Reporting to the Property Manager we seek a general maintenance individual who
will check and makes repairs to heating, ventilation and air condition systems as
needed. Checks and makes repairs to heating, ventilation and air conditioning
systems as needed. Checks and makes repairs to plumbing systems and fixtures
such as pipe lines, toilets and sinks, kitchen and laundryequipment. Checks and
makes repairs to electrical systems such as lighting systems, television sets and
kitchen equipment. Performs repairs to.building, furniture, bathrooms, guest rooms
etc., as nee ed; may.perfoun painting tasks. Ensures that all equipment is functioniiing
properly and that preventive maintenance measures are performed to preserve the
resort and keep product quality to standard.
Young professional required. Must have proven experience and certification. Must
be willing to work a very flexible schedule.
...Assistin-coordinating-specialvents 6nsit.eT v'twill iolv"ven planning and
program design, communication with guests and preparation of all communication
associated with events. You will also be expected to be on-site on the day of each
event and coordinate throughout the duration of the event to ensure that the program
runs smoothly from beginning to end. Superior written communication and
interpersonal skills required. Promptly prepare responses to incoming requests.
Must be proficient in MS Office. Capable of coordinating several projects and
responsibilities with ease. Must have good typing skills: able to type at least 45
w.p.m. accurately. Able to work well independently and as part of a team. Must
be well organized and detail-oriented. Experience in general office duties such as
filling, correspondence, mail, faxing, etc.
Duties include but not limited to: Monitor and execute evening entertainment,
security of the property and closing procedures. Should possess basic knowledge
of audio and home theatre systems and proven experience within the hospitality
industry. This is a hand's on multi task position.
Required to undertake a multitude of tasks to maintain and upkeep all exterior
areas of the resort.
Superior written and oral communication and interpersonal skills required. Excellent
telephone etiquette required. Promptly prepare responses to incoming requests.
Must be proficient in MS Office. Capable of coordinating several projects and
responsibilities with ease. Must have good typing skills: able to type at least 45
w.p.m. accurately. Able to work well independently and as part of a team. Must
be well organized and detail-oriented. Experience in general office duties such as
filing, correspondence, mail, faxing, etc.
,,, ^->_**>*><-I-- -_ -_ __

need for communications sys-
tems that could withstand
* major hurricanes following its.
close brush with Hurricane Ivan
last year. Jamaican regulators
approved the project in early
He added: "For the
Caribbean island nations,
robust, off-island communica-
tions are vital."
Mr Butler said the Bahamas
was "pretty well-served" on the
four main islands by the BICS
system, the Bahamas Telecom-
munications Company's (BTC)
Bahamas 2 cable, and the
ARCOS network.
The relatively long-time tak-
en to approve Caribbean Cross-
ings' licence application by the
PUC, coupled with the wait for
BEST approval, means that the
company's goal to lay and bring
the JBCS system into service
by December this year has been
made unlikely.

Ministry of
, Transport and Aviation



The Government of the Commonwealth of
The Bahamas is seeking tenders for the
cleaning of Potter's Cay Dock for the Year
2005/2008 commencing July 1st, 2005.

A rea : ......................
From the eastern end of Potter's Cay Dock
going west to eastern side of the east Paradise
Island Bridge.

'rea II:
.From the rear of the Fish Market
Administration Office to the entrance of the
neiiced in passageway which leads to and
beyond the Fast Ferry Terminal to the western,
end of Potter's Cay Dock.

IPescription of Work

"The above mentioned areas of Potter's Cay
.Dock are to be cleaned on a daily basis as

1. The removal and disposal of all loose
2. pallets.
2. The removal of all trash associated-
3. To provide portable solid waste
container (55 gallon drums) and
place where needed.
4. The weeding and maintaining of the_
........Old Fort infront of the Doc6diiaster's-
Office and the entire areas as
previously mentioned.
5. To liaise with the Dockmaster on a
daily basis with regards to concerns
or complaints relevant to the
cleanliness of the Dock.

Sealed Tenders should be marked "SCALED
TENDER" should reach the office of the
STenders Board, Ministry of Finance, Cecil
'Wallace Whitefield Centre, P.O. Box N-3017,
iNassau N.P. The Bahamas no later than
4: 4:30pm, Monday, 25th July, 2005.

The Government reserves the right to reject
any or all tenders.

Personal Financial

Services Officer Trainee

The successful candidates should possess the following
Bachelor's Degree in Banking, AICB or ABIFS Diploma
(or a related field)
At least 3 or more years banking experience. Previous
experience in portfolio and liability administration
would be an asset.
Strong Negotiating/Selling skills
Strong problem solving, leadership and coaching skills
Demonstrated written and verbal communication skills
Microsoft Office skills (Word, Excel, Power Point)
Responsibilities include:
Leading the establishment and achievement of team
sales objectives, and related activities to achieve a
high standard of customer care, optimal business
retention, profitable growth and productivity.
Developing relationships with service partners to
ensure customer satisfaction and efficient operations
of the branch/unit.
Providing ongoing coaching and development of staff,
ensuring a high level of employee capability and
.... engagement through focused sales-management.
A competitive compensation package (base salary &
bonus) will be commensurate with relevant experience
and qualifications.
Please apply before July 22, 2005 to:
The Manager
Human Resources
Bahamas & Caribbean
Royal Bank of Canada
Bahamas Regional Office
P.O. Box N-7549
Nassau, N.P, Bahamas
Via fax: (242)328-7145
Via email: RBC
Royal Bank
R.glmde.n.k of Royal Bank of Cil 'i f Canada-
"The Lion & Globetymbol and RBC aretradeoarks of Royal Bank of CMn. of dn a

.._ .._..

PAGE 6B, MONDAY, JULY 18, 2005




a P.O. Box 261, Bridgetown,
Barbados, W.I.
Street Address
Worthing, Christ Church.
Barbados, W.I.

N Tel: (246i 430-3900
Fax: (246) 426-9551
t246) 429-6446


To the shareholders of United Insurance Company Limited

We have audited the accompanying consolidated balance sheet of United Insurance Company Limited
as at September 30, 2004 and the related consolidated statements of income, changes in equity and cash
flows for the year then ended. These financial statements are the responsibility of the company's
management. Our responsibility is to express an opinion on these financial statements based on our

We conducted our audit in accordance with International Standards on Auditing. Those standards
require that we plan and perform the audit to obtain reasonable assurance that the financial statements
are free of material misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by management, as well as evaluating the
overall financial statement presentation. We believe that our audit provides a reasonable basis for our

In our opinion, the consolidated financial statements present fairly, in all material respects, the
financial position of the company as at. September 30, 2004 and the results of its operations and its cash
flows for the year then ended in accordance with International Financial Reporting Standards.


November 29, 2004


C0qshlidated Statement of Income
Y8rEnde September 30,2004


Gross written premiums

Insurance revenue accounts

M otor '' .
Other accident
Inward reinsurance
Profit commission

Net underwriting income

Other income (expenses)

Investment income
Prpperty income (nt). .
Amortisation of goodwill
Interest expense
Sundry expense

Income from operating activities

Share of loss from associated companies

Income before taxation


Net income before minority shareholder's interest

Minority shareholder's interest

Net income for the year

The accompanying notes form part of the financial statements.





(6,690,669) 3,329,672
9,614,985 5,071,314
4,655,001 (817,522)
464,266 (744,599)
265,837 (239,628)

6,455,709 6,599,237

9,345,170 5,747,613
272,466 64,756
(850,792) (850,792)
(159,643) (50,122)Y
(788,042) (208,297)

14,274,868 11,302,395


14,191,485 11,302,395,

(19,133) (917,454)

14,172,352 10,384,941


14,191,593 10,384,941


Consolidated Balance Sheet
At September 30,2004


Cash and cash equivalents
Short-term deposits
Investment in associated companies
Accounts receivable
Property and equipment
Deferred tax asset

General insurance liabilities
Accounts payable
Pension liability

'Minority shareholders' interests

'Shareholders' equity
!Share capital:
,einvested earnings
"Property catastrophe reserve
,Revaluation surplus





159,411,622 122,380,370

71,733,102 60,836,643
13,405,204 14,692,997
745,568 442,334

85,883,874 75,971,974


8,900,000 8,900,000
44,179,420 34,828,682
4,276,488 1,635,633
1,044,081 1,044,081

58,399,989 46,408,396

159,411,622 122,380,370

The accompanying notes form part of these financial statements

,Approved by the Board of Directors on November 29, 2004, and signed on its behalf by:

..... ..... ... .... ......................Director

............................. Director


Consolidated Statement of Changes in Equity
Year Ended September 30, 2004


Balance at September 30, 2002 8,900,000

Net income for the year

Transfer to property catastrophe

Balance at September 30, 2003 8,900,000

Net income for the year -

Dividends declared ($0.52 per share)

Transfer to property catastrophe

Balance at September 30, 2004 8,900,000






44,179,420 1,044,081

The accompanying notes form part of these financial statement.
Consolidated Statement of Cash Flows
Year Ended September 30, 2003

Cash flows from operating activities
Income before taxation 14,
Adjustment for:
Amortisation of goodwill
Foreign exchange gain
Investment income
Gain on disposal of investments
Gain on disposal of fixed assets
Unrealised gain on available-for-sale investments (2,
Share of loss from associated companies
Pension benefit
Operating profit before working capital changes 6,
Increase in accounts receivable (1,
(Decrease) increase in accounts payable (1,
Increase in general insurance liabilities 10,
Net cash from operations 14,
Income taxes paid (
Net cash from operating activities 14,
Cash flows from Investing activities
Purchase of fixed assets (2,
Proceed from sale of fixed assets
Net change in investments (32,
Net change in short-term deposits
Net change in investment in associated companies
Investment income received 4
Net cash used in investing activities (29,
Cash flows from financing activities
Dividends paid (2,
Investment by minority shareholders 15
Net cash from (used in) financing activities 12,

Net (decrease) increase in cash and cash equivalents i (2,4
Cash and cash equivalents beginning of year 18,1
S Cash and cash equivalents end of year 15,;

Cash arid cash equivalents comprise cash at bank and shor tnn deposits.

1,044,081 1,635,633 4640 96


- (2,200,000)

- 2,640,855

4,276,488 58,399,989

285,911 6,782,429
113,97) (96,478)
287,793) 3997,797
896,459 4,634,408
780,602 14308,156
574.212) (1,102,S05)
206,390 13,405,651

56.40) (1,7,)
7,09 10 ,785
497,63) (6,815327
624,530 ,83 SAW
144,692 (1,009926)
371,465 '4,84,643
845,332) (3,111,961)

200,000) (2,200,000)
147,000 -. ..
947,000 (2.200,000)

,91,942) 8,0,690
032,359 9,93p,669

The accompanying notes form part of the financial statements.

Notes to the Financial Statements
Year Ended September 30, 2004

1. Incorporation, ownership and registered Oitce

The Company was incorporated in Barbados and is a subsidiary of The Barbados Shipping &
Trading Co Ltd., which owns 95% of the issued share capital. The company was continued under
the Barbados Companies Act 1982.- 54. The company's registered office is located at The
AutoDome, Warrens, St. Michael.
2. Significant accounting policies

a) Basis of preparation
These financial statements are prepared under he historical cost convention except for
the measurement at fair value of its land and buildings and available-for-sale financial
assets. The financial statements have been prepared in actordance with International
Financial Reporting Standards (IFRS), Which comprise standards and interpretations
approved by the International Accounting Standards Board, and International Accounting,
Standards and Standing Interpretations Comimiinee interpretations approved by the
International Accounting Standards Committee that remain in effect.

b) Basis of consolidation
The consolidated financial statements included the accounts of the company and the
following subsidiaries:

UI Management Inc. .
United Reinsurance Inc.
United Services Inc.
Eastbourne United Insurance SCC

c) Use of estimates
The preparation of the financial statements, in conformity with IFRS, requires that
management make estimates and assumptions that affect the amounts reported in the
financial statements and accompanying notqs. Actual results cold differ from these

d) Cash and cash equivalents *
Cash and cash equivalents comprise cash at bank and short-term deposits with an
original maturity of three months or less. .


Notes to the Financial Statements *
Year Ended September 30, 2004 .

2. Significant accounting polities (cont'd)

e) Property and equipment *
Property and equipment is stated at cost less accumulated depreciation and my i
impairment in value. Property is.revilued on the basis of an independent review by ,.
professional valuers every five years.

Depreciation is calculated on a straight-line basis over the estimated useful life of the
asset as follows.

Buildings over 50 years
Equipment 10% to 25% per annum .

A full year's depreciation is charged in the year of purchase."

f) Currency .
These financial statements are expressed in Barbados dollars. Transactions in foreign
currencies are converted at .the exchange rates ruling at the date of the transaction.
Bl:Jances at the balance sheet date are converted at rates not materially different foa .
those prevailing at that date. Any gains or losses on translation are reflected in the ne :"
earnings for the year.
Premiums payable 'by overseas policyholdrs for business written in Barbados and
amounts payable to reinsurers are calculated and paid in Barbados dollars. *


Relvested Revaluation
earalnaS surplus



24,890,611 1,044,081 1,188,763 36,00,455

10,384.941 1038 4
* '

- (446,870) *


1 95







100% owned
100% owned
100% owned
51% owned

a a ___





PAGE 8B, MONDAY, JULY 18, 2005


g) Investments
All investments are initially recognized at cost, being the fair value of the consideration
giver including acquisition charges associated with the security.

After initial recognition, investments in marketable securities, which are classified as
available-for-sale, are measured at fair value. The Company has elected to record
changes in fair value through the statement of income. For investments that are actively
traded in organized financial markets, fair value is determined by reference to stock
exchange quoted market prices at the close of business on the balance sheet date. For
securities where there is no quoted market price, fair value has been estimated by
management on the basis of recent trades of the same investment or by reference to the
current market value of other instruments with similar attributes. All marketable security
transactions are recognized on the trade date. Realized gains and losses are recorded in
the statement of income.

Notes to the Financial Statements
Year Ended September 30, 2004

2. Significant accounting policies (cont'd)

g) Investments (cont'd)
Other investments consist primarily ofI', bonds, debentures, treasury bills, notes and
commercial mortgages. .They are classified as originated loans as they are all acquired
directly from the issuer and, therefore, are shown at amortised cost less any provision for
impairment. Amortized cost is calculated by taking into account any discount or
premium on acquisition, over the period to maturity. Gains or losses are recognized in
income when the investment is de-recognized or impaired.

b) Investments in associated companies
The investments in associated companies are accounted for under the equity method of

i) Goodwill
Goodwill represents the excess of the cost of the acquisition over the fair value of
identifiable net assets of three of its local agents at the date of acquisition. Goodwill is
amortized on a straight-line basis over its useful life up to a presumed maximum of 10
years. Goodwill is stated at cost less accumulated amortization and any'impairment in

j) Taxation
The financial statements are prepared using the liability method of accounting for'
taxation whereby the future taxable liability or asset arising from temporary differences
is provided for at the estimated future corporation tax rate that is expected to apply to the
period when the liability is settled or the asset realized. Deferred tax assets are
recognized in respect of unused tax losses to the extent that it is probable that future
taxable profit will be available against which the unused tax losses can be utilised.

k) Pension plan
The company's participates in a defined benefit pension plan, the assets of which are
held in a separate fund administered by a Trustee. The pension plan is funded by
payments from employees and the company, taking into account the recommendations of
independent qualified actuaries,

The pension accounting costs are accrued using the projected unit credit method. Under
this method, the cost of providing pensions is charged to the income statement, so as to
spread the regular cost over the service lives of the employees, in accordance with the
advice of independent qualified actuaries who carry out a full valuation of the plan every
three years. The pension. obligation is measured as the present value of the estimated
future cash flows using interest rates of Government securities, which have terms to
maturity approximating the terms of the related liability. Actuarial gains and losses are
spread forward over the average remaining service lives of employees.

Notes to the Financial Statements
Year Ended September 30, 2004

2. Significant accounting policies (cont'd)

.1) Unearned premium reserve, outstanding claims reserve and property catastrophe
r e s e r v e I ': *I .,
Written premiums are reflected in the: financial statements evenly over the terms of the
insurance policies. Unearned premiums represent the unearned portion of the net
premiums written on policies in force at the end of the year.

Outstandng. claims consist of estimates ofthe ultimate cost of settling claims in respect
of notified incidents that have occurred up to the balance sheet date, as well as estimates
for claims that have been incurred but not reported at that date. -Estimates, net of
reinsurance recoveries are calculated usingi methods and assumptions considered to be
appropriate :to the.circumstances Qgfthe company and the business undertaken. .This.
provision, while. elieved toabe adequate to cover the ultimate cost of losses incurred,
may ultimately be settled f6r a different amount. It is continually reviewed and any
adjustments are recnrdedin operations in the period inwhich they are determined..

In addition to the above reservesthe company transfers from its retained earnings, as"
permitted in Section 155.ofthe Insurance Act;, 1996 32, 20%.ofpremum income
arising from its into a reserve established to cover claims made by the
company's- policyholders arisingifrom, a catastrophic event, which is included as a
separate component of shareholders' equity.

3. Short-term deposits

These deposits all mature after 90 days, but within one year of the balance sheet date. The
interest rates on these deposits ranged from 3.25% to 8.75% (2003 5% to 12%) per annum.

The company's deposits are held at financial institutions throughout the Caribbean region and by
companies in the Barbados Shipping & Trading Co Ltd. (Note 10).

4. Accounts receivable

Accounts receivable are comprised as follows:


Accrued investment income
Amounts receivable from policyholders and brokers
Other accounts receivable ...'
Reinsurance debtors :
Amounts due by related companies (Note 11)
Corporation tax refundable






30,066,117 27,070,104

Notes to the Financial Statements-
Year Ended September 30, 2004

5. Investments

The company's mortgages, bonds, debentures and treasury bills yield income at a rate of interest,
which reflects the nature, security and market conditions prevailing at the time of issue or
renewal. Mortgages are repayable over the period to maturity in annual installments. Bonds,
debentures and treasury bills are repayable in full on maturity. The initial period to maturity
does hot exceed twenty years for bonds, debentures, treasury bills and mortgages. Yields from
fixed rate investments range between 3% and 18% (2003 3% and 12.5%) per annum.

September 30, 2004

Marketable securities



Originated loans: .
Government debentures, guaranteed bonds, deposits, treasury
bills and notes;' :
Corporate bonds and debentures
Mortgage loans





62,402,474 62,402,474

81,315,087 86,945,279
9 .

September 30, 2003

Marketable securities



Originated loans;
Government debentures, guaranteed bonds, deposits, treasury
bilsand notes 27,332,124
Corporate bods and debentures 7,914,259
Mortgage 6oans 2,326,334


:!; : 47,200,320

Notes to thenancial tateme "
Year Ended eitebe'r O,0't 0






. In snii )
th e gnifcant c OenWe tinofg eetbons dd bentures and treasury bills is as follows:

2004 200

Trinidad & Tobago
St. Lucia
Other countries

Investment income is comprised as follows:

Interest on deposits.
Interest on bonds, debentures and notes
Interest on mortgages
Interest on term payments
Dividends received '
Gain on disposal of investments
Unrealized gain on ayailable-for-sale investments

6. Investment in associated companies

O* Original-investmei-net.-at cOst. .. ..
Balance beginning of year

Balance ,end.ofyeat :

Change in share of equity
Balance beginning of year
Share of associate's loss for the year

Balance end of year value end of year




33,356,612 27,332,124

2004 2003
$ $

1,240,417 1,216,481
3,940,221 2,834,779
136,551 269,873
629,603 688,275
179,123 292,633
1,184,400 110,734
2,034,855 334,838

9,345,170 5,747,613

2004 2003
$ $

400,000 800,000
S ,- (00000)

400,000 400,090



316,617 400,000

Notes to the Financial Statements .
Year Ended September 30,2004 .................... ........... .. .....

Property and equipment

S: eneral


addition 330,4
" ~isposals (149,609)

Balance endeoft year 4,585,495

Balance beginning of year 3,693,327
AddiitiO.2 ..264,601.

Bal ce- :dofear :3,885,2 11 :

Net book value:.
At September 30, 2004 700,284

At September 30,2003 711,113

Freehold Land
and Buildings
.~ ~~~ '*'' $



1 At 66\6

10,391,536 14,977,031

601,200 4,294,527.
75,150 339,751-.

6.76 3(1C A CCI W1

U i ,JU


9,715,186 10,415,470

7,555,540 8,266,653.

Freehold land and buildings were revalued based on the 1996/97 valuation on this property done
by the Land Tax Department resulting in a revaluation surplus of $1,044,081.
8. Goodwill


Balance beginning of year

Balance end of year

Balance-, beginning of year
Amortization during the year

Balance end of year

Net balance end of vear


Notes to the Financial Statements
Year Ended SeDtemnber 30.2004





8,311,932 8,456,624

5,100,792 4,250,000
850,792 850,792

5,951,584 5,100,792

2,360,348 3,355,832

9... .Taxation;,


Statement of income
Overseas taxes not recoverable
Deferred tax credit for the year
Deferred tax relating to reduction in income tax rates

Corporation tax expense

Balance sheet
Deferred tax asset:
Balance beginning of year
Deferred tax credit (charge) for the year
Deferred tax relating to reduction in income tax rates

: "Balance-end of year

The deferred tax asset comprises:
Accelerated depreciation
Pension :liability :-
:Provisions '.:" :. .




19,133 917,454

21,803 (72,775)
427,491 118,836

449,294 21,803

(38,256) (88,781)
246,037 110,584

- 449,294 21,803


I OINON. INili WI1 ii

II :I_1I_ ~ _





MONDAY, JULY 18, 2005, PAGE 9B

Reconciliation of accounting income to current tax charge:

Income before taxation

Tax at the applicable rate of 33% (2003 36%)

Transfer to property catastrophe reserve
Share of loss of associated companies
Losses (earnings) from other territories
subject to double tax relief
Group relief received
Amortisation of goodwill
Investment income not subject to taxation
Effect on opening deferred tax of reduction income tax rates
Overseas tax not recoverable.

SNotes tothe.Finacial Statements
Year-Ended Sptember 30, 2004



4,017,865 4,068,862

(182,822) (160,873)

245,163 (255,227)
(2,583,263) (2,727,032)
280,761 306,285
(2,206,845) (1,140,446)
- 446,624 1,012,032

1.9,133 917,454

10. Share capital

The company is authorised to issue an unlimited number of shares of one class designated as
ordinary shares.



Common shares 4,200,000 (2003 4,200,000)




11. Related party transactions

a) Each year the company bears a proportion of the holding company's central office
expenses. The expenses are in respect of financial, personnel, office, and other services
provided. The amount charged for the year ended September 30, 2004 was $290,880
(2003 $291,341).

b) The company provides insurance cover for the holding company and fellow subsidiary.
companies. During the year the total premiums charged amounted to $8,942,739 (2003 -

The company in its ordinary course of business places. money on short-term deposits
within the Barbados Shipping & Trading Company Group of Companies. Deposits held
by companies in the group amounted to $2,156,788 (2003 $9,042,827). :

Amounts due from or to related companies are interest free, unsecured and payable on
dem and. ". '

e) The company holds the following shares in companies which are affiliated with the
parent company:

Number of shares

Banks Holdings Limited
Almond Resorts Inc.







Notes to the Financial Statements
Year Ended September 30, 2004

12. General insurance liabilities

Gross outstanding claims reserve

I.B.N.R. reserve .

Less: reinsurance recoveries ..

Net outstanding claims
Unearned premium reserve
Marine catastrophe reserve- cargo
Marine cataotr9phereser- hull. .

13. Accounts payable

Accounts payable are comprised as follows:

Reinsurance creditors
Amounts payable to policyholders, brokers and agents
Profit commission payable to agents
Other accounts payable
Amounts due to related companies (Note 11)







1, 358,214


S53,420,470 47,116,956
1.8,212,632 14,286,354'
50,000 560,000
50,000 506000

71,733,102 60,836,643

2004 2003
$ $

6,080,489 4,956,923
461,240 2,205,553
1,469,725 1,290,201
5,047,875 5,427,758
345,875 812,562

13,405,204 14,692,997


Notes to the.Financial Statements
Year Ended September 30, 2004

14. Financial Instruments

Fair values
The methods and assumptions used to estimate the fair value of each class of financial
instruments for which it is practical to estimate a value are as follows:

i) Short-term financial assets and liabilities
The carrying value ofthets ssetsmahd liabilities isa reasonable estimate of their fair: value
because of the short maturity of these instruments. Short-term financial assets comprise cash,
short-term deposits, accrued investment income, amounts receivable from policy holders,
brokers and agents, other accounts receivable and amounts due by companies in the, group.
Short-term financial liabilities comprise reinsurance creditors, amounts payable to policy
holders, brokers and agents, profit commission payable to agents, other accounts payable and
amounts due to companies in the group.

ii) Investments
Fair value represents estimates of the consideration that would currently be agreed upon
between knowledgeable, willing parties who are under no compulsion to act and is best
evidenced by quoted market value, where one exists. The company's held-to-maturity
financial instruments are not traded in a formal market. Estimated fair values are assumed to
approximate their carrying values.

Credit risk
The company is subject to credit risk relating to its held-to-maturity investments, amounts
receivable from policy holders, brokers and agents, other accounts receivable and amounts due
by reinsurers. The company monitors this risk by performing preliminary credit evaluations of
customers. The directors consider the credit risk relating to reinsurers to be mitigated by the
financial strength of these companies.

Interest rate risk
Differences in maturity dates and changes in interest rates may expose the company to interest
: rate risk. The company's exposure to interest rate risk is disclosed in notes 3 and 4 of: the.
financial statements. ..


Notes to the Financial Statements
Year Ended September 30, 2004

15. Pension scheme

The company operates a funded, contributory defined benefit pension plan for all permanent full-
time arid part-time employees who work 25 hours or more per week after completion of one year
of continuous service. Payments to the plan are made monthly in accordance with actuarial

S Balance sheet
- .. Fair valueiof plan assets at end of year
Present value of funded obligations

S nrecognised actuarial gains

S" etliability recognised in the balance sheet

*ii". ,:\ at,.t.: ementofhIneom "
'Current service cost
Interest cost
Expected return on plan assets
Net actuarial loss recognised in the year

Net expense recognised in the income statement

Actual return on plan assets

Movement in the net amount recognised in the balance sheet
Net liability beginning of year
Net expense recognised in the income statement (as above)
Contributions paid

Net liability end of year

Principal actuarial assumptions at September 30, 2004 were:

Discount rate
Expected return on plan assets
Futurepromotional salary increases
Future inflationary salary increases
Future pension increases
Proportion of employees opting for early retirement
Future increases in NIS ceiling for earnings






(2,253,011) (2,953,477)
1,507,443 2,511,143

(745,568) (44,334)

266,640 213,464
566,277 522,175
(430,142) (401,284)
120,603 123,586

523,378 457,941

1,547,544 600,054



(745,568) (442,334)




Page 19

Notesito the Financial Statements
Year Ended September 30,2004

16. Net underwriting income

Underwriting income -
Gross written premiums
Premiums reinsured

Net written premiums
Change in unearned premium reserve

Net earned premiums
Profit commission
O ther underwriting income
Reinsurance commission

Total underwriting income

Underwriting expenses
S.'. ". Grossclaims paid
Change in general insurance liabilities

Gross claims incurred,
Reinsurance recoveries

Net claims incurred
S. . Comnimission.expense
:.: ;^i/'.: Premium taxes .

* Total underwriting expenses

Net underwriting income before allocation of expenses

Expenses allocated
Employment expenses
Selling and production expenses
Support expenses

Total expenses allocated

Net underwriting income





45,968,432 42,558,583
(3,926,278) 277,559

42,042,154 42,836,142
265,837 (239,628)
11 35,39397 11,035,622

53,703,388 57,143,381

16,371,619 36,465,071
56,248,449 (7,854,977)

72,620,068 28,610,094
(49,278,268). (710,107)

23,341,800 27,899,987
12,397,478 11,567,557
1,667,999 1,520,765

37,407,277 40,988,309

16,296,111 16,155,072

5,134,896 4,791,385
1,815,885 1,985,816
2,889,621 2,778,634

9,840,402 9,555,835

6,455,709 6,599,237



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Small Spaces
...... .***

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325. F OOD

S46 Madeira Street

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MONDAY, JULY 18, 2005, PAGE 11B





JULY 21,2005

Whereas ANTHONY A. FRANCIS of Flamingo Gardens,
in the Western District of New Providence, one of the
Islands of the Commonwealth of The Bahamas, the Lawful
Widower has made application to the Supreme Court of
The Bahamas for Letters of Administration of the real and
personal Estate of ANGELA FERGUSON-FRANCIS late
of Flamingo Gardens in the Western District of New
Providence, one of the Islands of the Commonwealth of
The Bahamas, deceased.
Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days from
the date thereof.
Desiree Robinson
(for) Registrar

JULY 21, 2005
on the Island of Eleuthera, one of the Islands of the
Commonwealth of The Bahamas, the Lawful widower has
made application to the Supreme Court of The Bahamas
for Letters of Administration of the real and personal estate
of KAREN DIANNE PINDER late of Hatchet Bay on the
Island of Eleuthera one of the Islands of the Commonwealth
of The Bahamas, deceased.
Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days from
the date thereof.
Desiree Robinson
'(forl Registrar

RO. BOX N-167
JULY 21, 2005

In the estate of MILTON M. FISHER, late of 190 E. 72nd
St. Manhattan, New York, New York, one of the States of
the United States of America, deceased.
NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will be
made to the Supreme Court of The Bahamas, on its Probate
Side by JAN W. BORGHARDT, of Gambier Heights,
Western District, on the Island of New Providence, one of
the Islands of the Commonwealth of The Bahamas,
Attorney-at-Law, is the Authorized Attorney in The Bahamas,
for the Resealed Grant of Letters of Administration in the
above estate granted to IRVING W. BALLEN, the,
Administrator by the Surrogate's Court of the County of
New York, U.S.A., on the 27th day of August, 1984.
Desiree Robinson
(for) Registrar

JULY 21, 2005
of Old Fort Bay, Western District of New Providence, one
of the Islands of the Commonwealth" of The Bahamas, The
Attorney by Deed of Power of Attorney for MAUREEN
PATRICIA MURLINE, the sole Executor and Trustee has
made application to the Supreme Court of The Bahamas
for Letters of Administration with the Will Annexed of the
real and personal estate of GERALD MULRINE late of 183
Sandyport Drive, Sandyport, Western District of New
Providence, one of the Islands of the Commonwealth of
The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days from
the date thereof.
Desiree Robinson
(for) Registrar

P.O. BOX N-167
JULY 21, 2005


CHARLES PILER, late of The Town of Markham in the
Province of Ontario, Canada, deceased.
NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will be
made to the Supreme Court of The Bahamas, on its Probate
Side by LOUREY C. SMITH, of #4 George Street in the
City of Nassau in the Island of New Providence, one of the
Islands of the Commonwealth of The Bahamas, Attorney-
at-Law, is the Authorized Attorney in The Bahamas, for the
Resealed Grant of Certificate of Appointment with the Will
in the above estate granted to VIVIAN AVIVA HARRIS, the
Executrix and Trustee by the Supreme Court of Justice of
Ontario, Canada, on the 5th day of February, 2005.
Desiree Robinson
(for) Registrar

JULY 21, 2005

Whereas VIRGINIA BURROWS of Freeport, Grand
Bahama, one of the Islands of the Commonwealth of The
Bahamas, the Lawful Widow has made application to the
Supreme Court of The Bahamas for Letters of Administration
of the real and personal Estate of ANDY GLENN
BURROWS late of Matthew Town, on the Island of Inagua,
one of the Islands of the Commonwealth of The Bahamas,
Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days from
the date thereof.
Desiree Robinson
(for) Registrar

JULY 21, 2005
Whereas JOSEPHENE ROLLE of Golden Gates
Subdivision No. 2, Carmichael Road, Western District, New
Providence, one of the Islands of the Commonwealth of
The Bahamas, The Lawful Widow has made application to
the Supreme Court of The Bahamas for Letters of
Administration of the real and personal Estate of
FREDERICK J. ROLLE late of Golden Gates Subdivision
No. 2, Carmichael Road, Western District, New Providence,
one of the Islands of the Commonwealth of The Bahamas,

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days from
the date thereof.
D. Robinson
(for) Registrar

P.O. BOX N-167
JULY 21, 2005

In the estate of LASZLO NEMETH, late of 1831 S.W. 9th
Avenue in the City of Fort Lauderdale in the State of Florida,
U.S.A., deceased.
NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will be
made to the Supreme Court of The Bahamas, on its Probate
Side by KEVIN MARTIN RUSSELL, of #14 Doubloon Drive
in the City of Freeport, Grand Bahama, one the Island of
the Commonwealth of The Bahamas, Attorney-at-Law, is
the Authorized Attorney in The Bahamas, for the Resealed
Grant of Letters of Administration in the above estate
granted to JEAN ELIZABETH NEMETH, the Executrix by
the Circuit Court for Broward County, Probate Division in
the State of Florida, U.S.A., on the 26th day of January,.
Desiree Robinson
(for) Registrar

P.O. BOX N-167
JULY 21, 2005

In the estate of EVEYLYN STEINHARD a.k.a. EVELYN
TEPPER STEINHARD, late of 18081 Biscayne Boulevard,
#401 in the City of Aventura, in the County of Miami Dade
in the State of Florida, U.S.A., deceased.
.NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will be
made to the Supreme Court of The Bahamas, on its Probate

Side by KEVIN MARTIN RUSSELL, of #14 Doubloon Drive
in the City of Freeport, Grand Bahama, one of the Islands
of the Commonwealth of The Bahamas, Attorney-at-Law,
is the Authorized Attorney in The Bahamas, for the Resealed
Grant of Amended Letters of Administration in the above
estate granted to BEN NATHAN TEPPER, the Personal
Representative by the Circuit Court for Miami Dade County
in the State of Florida, U.S.A., on the 24th day of June
Desiree Robinson
(for) Registrar

JULY 21, 2005

Whereas HELEN I. THOMPSON of Castor Street East,
Highland Park, Western District of New Providence, one
of the Islands of the Commonwealth of The Bahamas, The
Lawful Widow has made application to the Supreme Court
of The Bahamas, for Letters of Administration of the real
and personal Estate of THOMAS ALVIN THOMPSON late
of Castor Street East, Highland Park, Western District of
New Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.
Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days from
the date hereof.
Desiree Robinson
(for) Registrar

JULY 21, 2005

Whereas REV. KIRKLEY CALEB SANDS of 135 Yorkshire
Street, Westward Villas, Western District of New Providence,
one of the Islands of the Commonwealth of The Bahamas,
the Lawful Widow has made application to the Supreme
Court of The Bahamas for Letters of Administration of the
real and personal Estate of CONSTANCE MURIEL SANDS
late of 135 Yorkshire Street, Westward Villas, Western'
District of New Providence, one of the Islands of th;
Commonwealth of The Bahamas, deceased,
Notice is hereby given that such applications willbe :
heard by the said Court at the expiration of 14 days from
the date thereof.
Desiree Robinson
(for) Registrar

P.O. BOX N-167
JULY 21, 2005

In the estate of SOLON C. BEXLEY, JR., a.k.a. S.C.
of 6332 Wisteria Loop, Land O' Lakes, Pasco, Florida;
U.S.A., deceased.
NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will be
made to the Supreme Court of The Bahamas, on its Probate '
Side by DOLLY P. YOUNG, of Nassau East North in the
Eastern District, New Providence, one the Islands of the
Commonwealth of The Bahamas, Attorrey-at-Law, is thA .i
Authorized Attorney in The Bahamas, for the Resealed
Grant of Letters of Administration in'the above; estate;-.:
granted to CRAIG L. BEXLEY, the Personal Representative'
-by-the Probate Division of the Circuit Court for Pasco
County in the State of Florida, U.S.A., on the 28th day of
October, 2004.
Desiree Robinson
(for) Registrar

RO. BOX N-167
JULY 21, 2005

late of Tithe House, The Street, Walberton, West Sussex,
United Kingdom, deceased.
NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will be ,
made to the Supreme Court of The Bahamas, on its Probate
Side by DOLLY P. YOUNG, of Nassau East North in the
Eastern District, New Providence, one the Islands of the
Commonwealth of The Bahamas, Attorney-at-Law, is the
Authorized Attorney in The Bahamas, for the Resealed
Grant of Probate in the above estate granted to LEIGH
SUTCLIFFE HOOD, the Executor by the High Court of
Justice, the District Probate Registry at Winchester, United
Kingdom on the 14th day of November, 1997. :.
Desiree Robinson
(for) Registrar

PO. BOX N-167
JULY 21,2005


In the estate of PATRICIA JOAN PIRRIE HOOD, late of
Tithe House, The Street, Walberton, West Sussex, United'a:.
Kingdom, deceased.
NOTICE is hereby given that after the expiration of.
fourteen (14) days from the date hereof, application will, b '"
made to the Supreme Court of The Bahamas, on its'Prribate
Side by DOLLY P. YOUNG, of Nassau East North ihthit n
Eastern District, New Providence, one the Islands of'thel"'
Commonwealth of The Bahamas, Attorney-at-Law, is the' &;
Authorized Attorney in The Bahamas, for the Resealed
Grant of Probate in the above estate granted to CAROL
DIANE WEBB, the Executrix by the High Court of Justice,
the District Probate Registry at Brighton, United Kingdom n
on the 19th day of November, 2001.
Desiree Robinson
(for) Registrar

In the estate of JAROSLAV CHARLES PILAR a.k.a

JULY 18, 19,20

'~auhna*anm*"r.rraauar*ar il*UII~-L~tByU~~'LL~.rl~lsi*tdls~/~Y~L ~*YIIIUI---LIICLIIIIII~~I~L~(~s~CJI

PAGE 12B, MONDA,, JULY 18, 2005


>. ,

GN4243 Cont'd
; JULY 21, 2005
200 /PRO/npr/00360
whereas JOHN BRAYNEN of Holiday Drive, South
Be h, Southern District of New Providence, one of the
Isla ds of the Commonwealth of The Bahamas, The
Att ney by Deed of Power of Attorney for RALPH
MA ILL, the sole Executor has made application to the
Su eme Court of The Bahamas for Letters of
Ad inistration with the Will Annexed of the real and
personal Estate of MARION MADILL late of No. 8 Breezy
Hill Off Village Road, Eastern District of New Providence,
one)f the Islands of the Commonwealth of The Bahamas,
7tice is hereby given that such applications will be
heaid by the said Court at the expiration of 14 days from
the date hereof.
Desiree Robinson
(for) Registrar
JULY 21, 2005
20c /PRO/npr/00361
Whereas GLADSTONE BURROWS of Sun Shine Park,
Southern District of New Providence, one of the Islands
of the Commonwealth of The Bahamas, The brother, has
made application to the Supreme Court of The Bahamas,
for letters of Administration of the real and personal
Est te of JONATHAN BURROWS late of West End
Av ,ue, Coconut Grove, Southern District of New
Prc idence, one of the Islands of the Commonwealth of
Th( Bahamas, deceased.
rDtice is hereby given that such applications will be
hec d by the said Court at the expiration of 14 days from
the iate hereof.
Desiree Robinson
(for) Registrar
P.O. BOX N-167
JULY 21, 2005
20 /PRO/NPR/00362
I the estate of DENISE TRAMONTANA, late of 14
Or ond Drive, in the County of Albany, in the State of
Ne York, one of the States of the United States of
OTICE is hereby given that after the expiration of
fo teen (14) days from the date hereof, application will
be ade to the Supreme Court of The Bahamas, on its
Pr ate Side by ARTHUR SELIGMAN, of the Western
Di rict, on the Island of New Providence, one the Islands
of e Commonwealth of The Bahamas, Attorney-at-Law,
is e Authorized Attorney in The Bahamas, for the
Re ealed Grant of Letters Testamentary in the above
es te granted to AVIS MULHOLLAND, the Executrix
by lbany County Surrogate's Court of the State of New
Yo<, U.S.A., on the 13th day of November, 2003.
Desiree Robinson
(for) Registrar
SP.O. BOX N-167
SJULY 21, 2005
20 5/PRO/NPR/00363
i1 the estate of LIVIAN POWELL HARDING, late of
Ha ris County, in the State of Texas, one of the States of
thg United States of America, deceased.
IOTICE is hereby given that after the expiration of
foi4teen (14) days from the date hereof, application will
be ~ade to the Supreme Court of The Bahamas, on its
Prqbate Side by PHILIP ALEXANDER LUNDY, of the
Pri erock Corporate Centre, Suite 200, Bay& East Street,
Nasau, New Providence, one the Islands of the
Cojnmonwealth of The Bahamas, Attorney-at-Law, is
thAuthorized Attorney in The Bahamas, for the Resealed
Gant of Letters Testamentary in the above estate granted
Ex;cutrix by the Probate Court of Harris County in the
St te of Texas, U.S.A., on the 16th day of March, 1988.
Desiree Robinson
(for) Registrar
SP.O. BOX N-167
JULY 21, 2005
l i the estate of GEORGE WILLIAM HARDING, late of
Palm Beach County, in the State of Florida, one of the

S tes of the United States of America, deceased..
NOTICE is hereby given that after the expiration of
fourteen (14) days from the date hereof, application will
bemadp tb the Supreme Court of The Bahamas, on its
Pbate Side by PHILIP ALEXANDER LUNDY, of the
Prerock Corporate Centre, Suite 200, Bay & East Street,
N ssau, New Providence, one the Islands of the
C mmqnwealth of The Bahamas, Attorney-at-Law, is
th Authorized Attorney in The Bahamas, for the Resealed
G nt of Letters of Administration in the above estate
granted to BETTY HARDING BERNSTEIN, the Executrix
bi the Probate Division of the Circuit Court of Palm
B~ach, Florida, U.S.A., on the 11th day of April, 1988.
Desiree Robinson
(for) Registrar






MONDAY, JULY 18, 2005, PAGE 13B




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P 1 M D J 10T N P

Tribune Sports
JEROME 'the Bronze
Bomber' Ellis pulled off
an another big victory on
Saturday night in North
The Bahamian junior
middleweight champion
dropped to the mid-
dleweight division and
stopped American Kevin
Kago in the eighth and
final round of their bout.
"It was a competitive
fight," said Ellis, who
knew he had to go for
the knockout to avoid a
close decision, after lead-
ing on two of the three
judges cards going into
the final round.
Ellis floored Kago with
a left upper hook to his
head one minute and 20
seconds into the round to
pull off his seventh
knockout in an 8-3-1
win-loss-draw career

"Going into that
round, I really didn't
want a bad deal," Ellis
said, "so in the eighth
round, I knew that I had
a little more than my
opponent, so I decided to
for the knockout."
This was Ellis' fourth
fight in the United States
for the year. The victory
improved his record to 2-
1-1. With the exception
of a loss in Philadelphia,
when he felt he was out-
classed, Ellis said he felt
he was robbed of the
draw in California.
But having won in
West Palm Beach, Flori-
da, where he currently
resides and trains, he
knew that he couldn't
take any chances and so
he decided to go after
"This fight was differ-
ent from all the other
fights because instead of
fighting at 154, I went
back down to 147," Ellis
"So I wasn't all that
strong. I mean I was
healthy, but I didn't have
all the fire that I normal-
ly carry at 154. We are
going to work on that
and try to develop that,
so we won't have to wor-
ry about that in the
Ellis was referring to
his trainer, former world
champion Johnny
Buckus, who was prepar-
ing Ellis' training part-
ner, Kassim Ouma for
his International Boxing
Federation's 154-pound
title fight against Ramon
Karmazin on Thursday
Unfortunately, Ouma
lost his title.
"I basically had to do a
lot of my training and
final preparation on my
own during the last
week," Ellis said. "All
the dieting and weight
loss, I basically did on
my own.

"But I liked the experi-
ence. I like fighting at
147. Isee a can make a
difference and open
some eyes at 147. I just
have to work at it and
develop and get better."
Although he felt sharp
at that weight, Ellis
admitted that he didn't
have the power behind
his punches, so he wasn't
able to put Kago away
earlier than he had antic-
Ellis, who suffered a
slight injury to his hand
during Saturday night's
fight, is hoping to be
back in August and
hopefully twice in Sep-
tember, one bout in West
Palm Beach and another
at home in Nassau.
"I'm preparing and
hoping to be ready for

those fights," Ellis stat-

First casualties in

Peace on the Streets

Junior Sports Reporter
THREE teams were sent
packing on Saturday in the
annual Peace on the Streets
basketball tournament.
Harrache Knights and Fox
Hill Big Brothers were both
eliminated in the seniors divi-
sion, while the Eastside All-
Stars exited the junior divi-
The 16-team tournament
started on Saturday and will
climax this Saturday with the
championship games in both
Before the annual tourna-
ment comes to a close, a three
point shoot-out and a slam
dunk contest will be the fea-
ture event.
On the opening day, eight
games were played in the
senior division, which saw sev-
eral new teams join the hunt
for the title.
For the first time in the
tournament's history, a col-
lege team has joined the

Knights, Big Brothers

and All-Stars are out

This team is made-up of
Bahamian college players,
playing aboard.
According to tournament
organiser Carlos Reid the new
additions might mean a new
champion being crowned.

Reid is basing his assump-
tions on the quality of play in
both divisions and the upsets
that took place on the opening
He said: "This year's tour-
nament isn't easy, we have a
lot of great teams, all at any
point of the day can defeat the
defending champions.
"Today we opened up the

tournament with a lot of
upsets, so, looking at the com-
petition, I will say that the
tournament will be a good
one, with a lot of surprises."
Losing their tournament
opener were Peace on the
Street's three times defending
champions Breezes Super-
Facing off with the New
Providence Basketball Asso-
ciation (NPBA) top team, the
Real Deal Shockers, Breezes
saw themselves fall 31-44.
The loss placed the squad
in the tournament's loser's
bracket, forcing them to take
the longer route to the semi-
Another loss would have
sent the team packing, but

they awaited the loser of game
two, played between the Sun-
shine Auto Ruff Riders and
the Fox Hill Big Brothers.
.Wasting no time in the
game, the Ruff Riders easily
disposed off the Big Brothers
42-35, but defeating the Big
Brothers was no easy task for
the defending champs.
Late in the third quarter,
Breezes saw their eight point
lead close into three points,
after the Big Brothers made
a 6-2 run.

The run extended into the
opening minutes of the fourth,
but the Big Brothers weren't
able to take advantage of the
turnovers and team's tired
Although both teams added
to their scores, Breezes held
on to their three point lead in
the final minutes, winning the
game by one point, 44-43.
The win moved the defend-
ing champs to battle the Ruff

Riders, who lost to the Shock-
ers 37-42.
So far, the Shockers and th6
Heats, the collegiate team, are
the only two teams in the
senior division who are unde-
feated after two games.
The Heat defeated the
Courtesy Warriors in their
opener 44-40, and Gatorade
56-35 in their second game.,
The limited teams in the
junior division allowed only
five games to be played, hav-
ing to double-up on Saturday.
The Thunder Bones are
leading this hunt for the title,
defeating East Side All-Stats
35-22 and'Courtesy Warriors
. The Thunder Bones sealed
their place in the tournamen-
t's semi-final rounds with the
two wins.
In other games, the Rockets
trounced the All-Stars, in an
elimination game, 49-26.
The Sunshine Ruff Riders
handed the Stingers their first
loss. Ruff Riders beat the
Stingers 45-42.

PAGE 14B, MONDAY, JULY 18, 2005



B`,.*,*,.,6 m-I)er. wins


Shock defeat for Australia as
Russia triumphs over France

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MONDAY, JULY 18, 2005


Fax: (242) 328-2398
E-Mail: sports@100janiz.conum

- T- [ U ;IIS




Senior Sports Reporter
FOR the first time in the 17-
year history of playing Davis
Cup, the Bahamas will have to
play out of zone III after rele-
gated by Columbia over the
Playing at an altitude of 8,000
feet at the American Tenis Club
in Bogota, the higher ranked
Columbians shut out the youth-
ful Bahamian team 5-0.
The clincher came ih the dou-
bles on Saturday when Alejan-
dro Falla and Carlos Salamanca
teamed up to swe.. ar.i.M
Rolle and Rya
Rolle, who -
number one, 10
singles matV~I
6-2, 3-6, 6-2 to Pablo Gonzalez,
the number two seeded
Columbian player who is
ranked at 338 in the world.
And in the second singles on
Friday, Mullings, the No.2 seed
for the tournament, was swept
6-4, 6-2, 6-3 by Columbian top
seed Falla, ranked 253 in the
With the tie already clinched,
_-- ^' -1. A ;_ J f11" f -.



10 do


from strong


can do against them. It's obvi-
ous that we are not too far
behind them. So we just have
,t.o work hard to do what we
iiAit losing the first set to
l izIae, Rolle said, he
onced back and played well
'to group 2-1, but he had a
breakdown, rebounded again,
then couldn't hold on at the
Mullings, who played in the
NCAA Championships for
Ohio State before the tie, said it
wasn't one of his better match-
es, but he gave it his all.

weeting piayeu in tme first "I fought hard. I think I
reverse singles yesterday, los- played okay," he said. "I think I
ing 6-4, 6-4 to Falla, while probably could have attacked
H'Cone Thompson lost 61, 6-1 him a little more because a lot
to Michael Quintero, the fourth of the points that I won, I won
member of the Columbian c coming forward. I think I could
team, ranked at 498. have done a little more of that."
As for the doubles, Sweeting
Players said they played well and had
their chances to win.
None of the Bahamian play- "We were holding serve well,
ers were ranked and only Rolle but we just didn't make them
and Mullings have a computer volley, make them play," he
point, which, according to team. stressed. "That was the case in
captain John Farrington, made pretty much all of the matches.
their loss much easier to accept. They didn't really hurt us. We
"We put in a good effort. It just made too many mistakes as
was great to come down early we did hi the doubles when it
and prepare," said Farrington was crucial points.""
as the team prepared for a team Rolle said, he just didn't live
meeting to reflect on their per- up to his end"'of the bargain i
formances. e a g:"Het my partner down, miss-
"We got a chance to get coud ing some key shpts, some key
fortable with the altitude and vollies and I -wasn't putting in
get in shape to play. They real- my first serves. I was missing a.
ly played well. We played a cou- lot of first serves," he said. "I
pie of guys who were fairly think I didn't play as well as I
experienced, but even their cap- should in the doubles."
tain admit that in a couple of Sweeting, at 19, the youngest
years; we will be strong." member of the Bahamian team,
Coming off their 3-2 loss to admitted that Falla was a tough
the Netherlands Antilles in Feb- cookie.
:ruary in the first round of the "In the first set, it was on
tie, Farrington said theteam ,serve until I got broken at 5-4
played much better and they and at 40-15, I1 had a chance to
were actually in every match, break back, but I lost 6-4,"
"It wasn't like w e wa-get-. Sheeting reflected.
ting blowtn.riff ,I4 .i .:; "then in the second set, I was
they were just too darti good," leading 3-1 up a break, but I
said Farrington. lost my serve again to go on
"That wasn't the case, serve and from then on, I won
"We were right there With my serve and lost again."
them." Sweeting said he played well
Despite losing, all four of the and he went for his shots, but
Bahamian players wete pleaded' Falla just didn't allow him to
with the performances theyi get into the match.
turned in. Thompson, the oldest mem-
Rolle, who earned a comp'ut- ber of the Bahamian team at
er point to move up to'the'top 24, said they had a big task
seed on the team since playing ahead of them, but they man-
No.2 in the Netherlan ds, "Iaged to hold their own.
Antilles, said it was good to "For me, it was a match let
improve from One tie to the me know what I need ti') brk
next. on," he said.
"It was a good experience," "How far I am from ,hose
he said. "Each tie is different. guys that are right there playing
We got a chance to see what we ATP events."


* By BRENT STUBBS next year, they will have to
Senior Sports Reporter play against countries such as
Puerto Rico, Haiti, Honduras
-TEAM captain John Far- and El Salvador.
rington knew sooner or later The two top teams out of
the Bahamas would have to zone IV, possibly Trinidad &
take a step back in order to Tobago and either Costa Rica
eventually move forward in the or Barbados, will advance to
American Zone Davis Cup tie., join zone III.
The team's 5-0 loss to But it doesn't matter who is
Columbia over the weekend in in the zone, Farrington is con-
Bogota, relegated the Bahamas vinced that the Bahamas will
from zone II to zone III where, be prepared to return to zone

II in 2007.
"These guys know that we
have to continue to prepare
and they will have to sacrifice a
little more and make it their
job," said Farrington, who is
now a full-time tennis coach
and trainer in the United
"It's not a hobby anymore.
Not that they don't take it seri-
ous, but I think they have a
pretty good idea of what it


takes to get better.
Farrington said they will just
concentrate on getting through
zone III and regaining its spot
" in zone II next year.
Looking ahead to playing:in
zone III, Mullings said it
should be much easier to
advance than it was to stay in
zone II this year.
SEE page 14B

to Zone

_ _____ 1~1 __I

Davis Cup team 'will be prepared for 2 007'


MONDAY, JULY 18, 2005

The stories behind the news

The controversial Bishop Neil Ellis
(left) caused another stir last week
when he told a congregation that if
Bahamians continue to turn a blind
eye to the illegal immigration problem
they could soon find themselves cele-
brating the country's independence in
Creole. Bishop Ellis, the senior pas-
tor of Mount Tabor Full Gospel Bap-
tist Church, made the comments in a
fiery sermon on the topic of "Bahami-
an Freedom". The text was taken from
Luke 13, verses 10-17...



A former PLP MP has called for an
immediate moratorium on all
migrants into the Bahamas. And a
former minister of immigration has
warned that if the Bahamas contin-
ues on its current trend, it will be
overrun with Haitians in the next 20
years. Former MP Dr Elwood Don-
aldson said government needs to j
put a moratorium on all immigrants
save those needed for vital govern-
ment problems...


Government remained tight-lipped last week in the
face of growing concern that Trade and Industry Minis-
ter Leslie Miller might have signed the PetroCaribe
agreement without Cabinet approval.
Former Cabinet Minister Zhivargo Laing told The
Tribune last Thursday that unless government explicit-
ly tells the public that Minister Miller signed the agree-
ment without Cabinet consent it is fair to assume that
"we may be sending signals to allies that we are having
a shift in foreign policy".
Venezuela has agreed to sell crude oil and petroleum
products to Caribbean countries at concessionary rates
as part of the PetroCaribe agreement...




start .



Tribune Staff Reporter
iving a young person
a new lease on his or
her life is, perhaps,
one of the most signif-
icant gifts they could
receive especially if they were head-
ed down a road to destruction.
For 23,.young .theMin>,
istry of Yout ~"Fresh. 'Start" Pro-
gramme, they have been given just
that. Last week, they began a 14-week
programme designed to prepare them
for the workplace, and for making
meaningful contributions to their fam-
ilies and community.
On July 4 this year, the National
Youth Service, in conjunction with
the YEAST Empowerment Pro-
gramme, graduated more than 30
young men from a pilot programme in
There, boys who were used to a life
of gun and knife-carrying, using and
selling drugs, poverty, and being
involved in gang warfare, were trans-
formed into positive young men.
As simple as that sentence is, to see
their transformation is remarkable.
: The government and YEAST truly
achieved success, according to the
boys, who swore to life-long changes
at the end of the programme.
The Tribune visited the camp in
Andros during the closing ceremony.
Some of the young men, mostly 16-to-
19-year-olds, had tattoos, while others
had facial or body scars, which are
common "rite of passage" signs of
street warfare.
There were those who could ,not
read or write, those who were unin-
terested in being there, and there were,
those who stole from .others in the
group or got into fights.
These senior boys told The Tribune
that had it not been for the interven-
tion in their lives made by the pro-
gramme, they honestly believe they
would have been in jail or dead.
SOne graduate explained that it is
common for a gang to call on the
.younger members to do the "leg-
work", whether it be breaking into
homes, dropping off a package of
drugs, or pulling the trigger.
He said the gang is "a family when
you have no family or your family just
ain't there for you". In some cases,

* JANET Russell, co-ordinator of the ministry's "Fresh Start"
Programme and assistant director of youth, has high hopes
for the participants.

times a day. There was 'one for all
and all for one' punishment.
"But then we had a lot of good days.
We had lots of good food to eat, and I
made a lot of good friends. There are
beautiful people here in Andros...and
the girls wow!"
Enrique read the reflections on
behalf of the graduating class, having,
come there only, being able to read at
the level ofa five-year-old.
His co-grauate, 17-year-old Julian
Seymour, said his activities with gangs
brought him to the programme. He
said most of them had a hard few first
weeks because they did not want to be
there. But after learning skills in car-
pentry, plumbing, automechanics,
farming and diving; and after being
able to take examinations in math,
English and other subjects again; and
after learning self-empowerment and
job hunting skills, he has no regrets.
"This programme was good,"
Shakatori Thompson commented. "I
was trained in so many areas. I devel-
oped mentally and physically. I passed
all obstacles and I think this is a great
help to the youth."
In April of this year, the junior boys
"passed out" of the programme after
spending three months in the wilder-
ness. They went on to be placed back
into schools, even after being expelled.
Recommendations from the Ministry
and YEAST gave them a second
chance at an education.
However, something had to be done
to continue motivating the senior
boys, because they do not have a
school home to return to.
Hence, the Fresh Start programme
will help them to find jobs while reit-
erating the skills needed to become a
productive Bahamian citizen.
Today, the programme begins a
week of community service.
Assistant Director of Youth Janet
Russell said that during the 14 weeks,
the students will be engaged in job
preparedness, community service, four
weeks of computer technology classes
at Government High School, and they
will then begin an internship pro-
The government will pay them a
$100 stipend each week, while the
company they are placed with will pay
them an additional $75. At the end
of their tenure, the companies may
keep them on full time. But, accord-

SEE page 2C


---- ----- --


THANK you for the excel-
lent item on the Oakes mur-
der. As a young Bahamian
professional, I am ashamed
to admit that I know far less
about this case than I ought.
However, INSIGHT has giv-
en me some tantalising infor-
mation, and I can't wait to
hear more.
Nassau doctor


midst yet is still a lost sub-
ject to most of the younger
Did the Oakes family sus-
pect Foskett? I am told that
Lady Oakes was completely
taken in by this man, whose
greed was legendary.
Please write more about
this case. I am greedy for it.
Lena A, Palmdale


THE article on Walter
Foskett and Sir Harry Oakes
was outstanding. Please can
we hear more about this
case, which happened in our

THE article on the Oakes
murder was beautifully writ-
ten, very thought-provoking
and extremely controversial.
I also suspect it was close to

the mark.
Former police officer

I KNEW officers who
worked on the Oakes case.
Harold Christie was the
number one suspect at the
time, yet he was never inves-
tigated. No-one involved
thought Alfred de Marigny
was guilty.

I STILL think the Mafia
did it.
V Roberts

* YOUNG boys listen attentively,to Lionel Elliott's lecture.

(Photo: Felicity Ingraham/Tribune staff)

FROM page 1C

ing to Ms Russell, the experi-
ence they would have gained
is invaluable.

She touted the programme
in Andros, saying that as a
social worker, she would have
been able to pick up on trou-
bles in each person.
However, she told the group
last week: "You don't appear
to be a troubled group to me!"
After getting to know each
young man, she learned that
they came from backgrounds
that landed some of them in
jail and others at the Simpson
C Penn Centre for boys.
In fact, when The Tribune
visited the Fresh Start Pro-
gramme Friday, one young
man had just had his case
thrown out of court after a
favourable progress report
from the programme.
Robert Black hailed Fresh
Start as a life-saver. He said
other young men should join.
"Doing foolishness on the
streets, smoking dope, robbing
people it gets you nowhere. I
was following friends, but they
are in jail today," he said.
Added 16 year-old Renaldo
Woodside, givihg advice to his
peers: "Don't smoke, don't
gamble, don't drink."
He said the programme has
given him the inspiration to be
a carpenter after learning skills
in Andros.
Through Fresh Start, he will
learn how to put together his
resume and how to handle a
job interview. He will also
learn to give unselfishly
through community service
When the boys were in
Andros, their true skills were
put to the test when a fire con-
sumed a home. The residents in
North Andros reported that
these boys showed heroic abil-
ity and selflessness as they
helped older men douse the
flames and secure residents to
While in Andros, their true
team spirit was also shown.
They formed a team and won
the basketball championship
Ms Russell said that even
today, having left Andros, she
senses true camaraderie among
the group.
Lionel Elliott is one of the
programme's presenters. Dur-
ing one of his lectures, he asked
the boys what they would do
if they went into a store to buy
$25 worth of goods, but the
cashier gave them change for
After listening to various
answers in the group, he told
them, "everything you do will
have repercussions". For exam-
ple, that cashier will now have
to pay for that mistake out of a

salary that is probably smatl
and must stretch far. On thi
other hand, he added, "what f
it happened to you?" ;'l
As.these young men make
their integration back into soci-
ety with a new attitude and
new lease on life, Minister
Youth Neville Wisdom is beg-
ging society to "give these
young men a chance". .
He said his ministry's next
goal is to house nearly 300
youths at the camp and ih
attaining that goal, they will be
looking at selecting 40 "diA-
tressed" girls next.
Deputy Prime Minister Cyn-.
thia Pratt knew some of the
young men graduating from th,
programme. They came from
the "ghetto" in her St Cecili
She told the parents: "These
are different boys; they haven
smile on their face. They have
been given a second chance on
life. If we lose our young peo-
ple we would have failed. We
must be a forgiving nation.
God said he forgets when we
repent, but we always want to
tell them what they used to be.
We have to change that
because they are the ones who
will lead this nation in the
As the programme is set to
begin anew in September, Dea-
con Jeff Lloyd and the other
coordinators know they will
have to detox, revive and
inspire a whole new set of
young men but that's what
they have pledged to do. Ha -
ing conquered the first project,
they expect to excel as the pro-
gramme grows.
What is more challenging,
said Mr Lloyd, is for the stu-
dents to effect what they have
learned when they leave the
programme and go back to the
environment where their mis-
demeaning behaviours were
Therefore, Councilbr
Andrew Albury said the youpg-
men and their parents are invit-
ed to monthly meetings, where
progress reports will be made.
With all the focus on secur-
ing their future, how do the
boys feel?
"It changed us into better
people. It made us smarter, and
it makes me feel good," said
Marco Lord.
Owen Cox, who has decid-
ed he wants to be a civil engi-
neer added: "I learnt that you
can make an honest living
rather than the fast, easy life
of selling drugs. You don't have
to worry about having the cops
on your back. In the end, work-
ing hard will pay off."'

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PAGE 2C, MONDAY, JULY 18, 2005




A iREGISTRAR GENERAL Elizabeth Thompson officially
announced her resignation last week.

(Photo: Mario Duncanson/Tribune staff)

G overnment
remained tight-
lipped last
week in the
face of growing
concern that Trade and Indus-
try Minister Leslie Miller might
have signed the PetroCaribe
agreement without Cabinet
Former Cabinet Minister
Zhivargo Laing told The Tri-
bune last Thursday that unless
government explicitly tells the
public that Minister Miller
signed the agreement without
Cabinet consent it is fair to
assume that "we may be send-
ing signals to allies that we are
having a shift in foreign policy".
Venezuela has agreed to sell
crude oil and petroleum prod-
ucts to Caribbean countries at
concessionary rates as part of
the PetroCaribe agreement.
PetroCaribe, the brainchild
of Venezdelan President Hugo
Chdvez, is designed to reduce
the effects of high oil prices on
the region by offering the ener-
gy-dependent islands petrole-
um products at reduced
Trinidad and Tobago as well
as Barbados have refused to
be part of the pact, which
Trinidad and Tobago fears
could erode its Caribbean mar-
Both Foreign Affairs Minis-
ter Fred Mitchell and Prime
Minister Perry Christie have
refused to comment on the

called for an immediate mora-
torium on: all migrants into the
And a former minister of
immigration has warned that if
the Bahamas continues on its
current trend, it will be overrun
with Haitians in the next 20
Former MP Dr Elwood
Donaldson said government
needs to put a moratorium on

all immigrants save those need-
ed for vital government prob-
lems. He suggested that there
be a 30-day amnesty to allow
immigrants to ensure they have
their documentation, then all
those in the country illegally
should be sent back to their
Mr Loftus Roker said that if
even half a million people from
Haiti, a nation of eight million,
descended on Bahamian
shores, they would outpopu-
late residents.

REVEREND Glenroy Win-
ston Nottage, director since
1990 of the All Saints Camp of
John the Divine that provides
shelter and support for AIDS
victims, died last week. He was
Rev Nottage had been in the
Intensive Care Unit of the
Princess Margaret Hospital
since June. He died at 10.30am
Sunday, July 9.
Rev Nottage moved his drug
and AIDS recovery pro-
gramme from the Old St John's
College campus on Market
Street following arguments
with the Anglican Church over
the way he operated the pro-
gramme at the property.
Because of accusations of
abuses at the camp, the Min-
istry of Health in 1995 threat-
ened to take over the opera-
tion of the camp and evict per-
sons from the institution.
However the camp has been
a place of refuge for many who
suffered from the virus and
who had no family members
willing, or capable of caring for
The All Saints Camp is a,
non-government agency fund-
ed predominantly by donations
from charitable organisations,
groups and individuals.
Government has said it
hopes the work of the camp
would continue, despite Rev
Nottage's death.

THE controversial Bishop
Neil Ellis caused another stir
last week when he told a con-
gregation that if Bahamians
continue to turn a blind eye to
the illegal immigration prob-
lem they could soon find them-
selves celebrating the country's
independence in Creole.
Bishop Ellis, the senior pas-
tor of Mount Tabor Full
Gospel Baptist Church, made
the comments in a fiery ser-
mon on the topic of "Bahamian
Freedom". The text was taken
from Luke 13, verses 10-17.
The nation also celebrated

Independence on Sunday, July
The Baptist preacher con-
demned any move by govern-
ment to pressure Bahamian
teachers into teaching children
born in the Bahamas of Haitian
parents, in Creole.
And Bishop Ellis warned
Bahamians that if something is
not done with the illegal immi-
gration problem, especially the
large numbers of Haitians liv-
ing in the country, then future
generations of Bahamians may
find themselves fighting for
freedom in their own country.


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"We are all saddened by the
~eath of Rev Nottage. He
Played an integral role in the
treatment of AIDS patients,
especially dispossessed patients.
"His (Rev Nottage's) All Saints
Camp played a very important
role in our care and treatment
rogramme so we are very sad-
dened by the loss. I know he,
through his vision had many
Plans to expand and enhance
the centre, and we would like
to know the service there would
) Minister of Health Dr
Marcus Bethel on the death
Rev Glenroy Nottage.

"If you'll continue to sit down
here, you talk about Indepen-
'dence, if you continue to sit
''.down here and let all these ille-
'gal immigrants come into our
,.country and take over, one time
we are going to be celebrating
Independence on Clifford Park
and the bulk of the stuff will be
in Creole.
"If you stay here and just let
Everybody come in, everybody
,]come in, nobody is saying noth-
ing, this one running to the
"That's why CSME was not
oOd for us. We can't handle
reedom of people moving up
Fand down to work in the


The Tribune wants to hear
from people who are
makinginews in their
neighborhoods. Perhaps
yoiu re raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award. '' '
If so, callus on, 322-1986
and share your story.

Bahamas from other Caribbean
countries. We can't handle it.
We are overloaded now."
Baptist preacher Bishop
Neil Ellis' delivered a fiery ser-
mon on "Bahamian Freedom"
during a Sunday service over
the Independence weekend.

"Unless the government says
otherwise I believe Mr (Leslie)
Miller signed onto PetroCaribe
without the express authoriza-
tion from the Cabinet. This is
based on comments I have had
from sources."
Former MP Zhivargo
Laing on the Bahamas signing

onto the PetroCaribe oil agree-
ment with 13 other Caribbean

"We must demand action
from our leaders. We pay them'
good money to guard our bor-
ders, protect our heritage and
allow us to enjoy the full fruits
of the Bahamas."
Former MP Eldwood
Donaldson speaks on the illegal
immigration during a meeting
convened by the Civil Society
to address the topic.
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dm mm

Calif., Disney has been a highly visible
barometer and shaper of the U.S.
psyche. But as one critic says, 'the
creative flame at the heart of the
place is flickering rather dimly at this

n 1955, President Dwight Eisen-
hower ruled over an America
flush with consumerism and rid-
dled with fear of the Soviet Union.
Rosa Parks set the civil rights move-
ment marching, and Dr. Jonas Salk
discovered the polio vaccine. Elvis
Presley and Marilyn Monroe were
earthy, sexy stars. And on July 17 in
Anaheim, Calif., Walt Disney unveiled
a whole new world of make-believe
family fun: Disneyland.
"It just totally knocked my socks
off, even though it was so incom-
plete," says Wanda Martin, 63, a
Stockton, Calif., bookkeeper who vis-

ited the self-anointed "happiest place
on earth" two months after it opened.
"Main Street was wonderful, and all
the land it opened up into prom-
Fifty years later, President Bush
rules over an America obsessed with
property values and terrorism alert
levels. Rosa Parks remains absurdly
locked in battle with progressive hip-
hop group OutKast, and there's no
cure for AIDS. Tom Cruise and
Madonna peddle religious sects. And
the Walt Disney Co., which for much
of the previous century was practi-
cally synonymous with popular cul-
ture: Well, where exactly is it?




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PAGE 6C, MONDAY, JULY 18, 2005






Disney magic waning?


"The creative flame at the heart
of the place is flickering rather
dimly at this point," says James B.
Stewart, author of Disney War, a
book, published this spring, that
details the corporate doings and
undoings that have overtaken Dis-
ney's public image during the
last two decades.
Disney has been a highly
visible barometer and shaper
of the American psyche since
brothers Walt and Roy began
making cartoons in the 1920s.
Its impact reaches I
around the globe,
where it's an icon
of Americanism -
of opportunity and
youthful imagina-
tion, as well as of
commercialism and
cultural imperial-
ism. It's the com-
pany some love
fanatically and oth-
ers hate with equal
"I remember very
well some discus- u
sions with some peo-
ple in Eastern Europe
telling me what Dis-
ney represented fr
them," says Fr6
Martel, a Frenchsoci-
ologist who servedas
cultural attache to
Romania in 1990-92..
Before the '89 revolu- :
tion, Martel says,
Romanians could have
been jailed for wearing
Mickey Mouse T-shirts.
"With them I realized, at that
time, how Disney was a sym-
bol of liberty and freedom."
Back home, intellectuals have
often been less kind to the mouse
house that Walt built. In 1968, New
Republic writer Peter Michelson
accused Disney of being head of"an
international happiness conspiracy"
and a man who "made images for
the mind on vacation." Three.dec-
ades later, The Herald's Carl Hiaa-
sen, in his book Team Rodent, saw
the company as the face of good and
evil: 'Disney is so good at being
good that it manifests as evil: so uni-
formly efficient and courteous, so
dependably clean and conscien-
tious, so unfailingly entertaining
that it's unreal, and therefore is an
agent of pure wickedness."
Disney's influence and its image
have risen and fallen with the times.

.... S M A R T ...........................................................................

1955: Disneyland opens in
Anaheim, Calif.
1957: Disneyland marks
10-millionth guest
1959: First urban monorail
system in U.S. opens at
1971: Walt Disney World
opens in Orlando
1975: Space Mountain,
Magic Kingdom's first thrill
ride, opens at Walt Disney
1988: Grand Floridian
Beach Resort, first new
Disney hotel in 15 years,
opens at Walt Disney World
1991: Magic Kingdom's
Main Street Electrical Parade
1994: One-billionth guest
recorded at Disney theme
parks worldwide
1994:20,000 Leagues
Under The Sea attraction
closes at Magic Kingdom in
1996: Celebration, Disney's
residential town, opens
1996: Disney Institute for
learning vacations opens at
Walt Disney World
1998: Disney Cruise Line
1999: Horizons pavilion
closes at WDW's Epcot; Test
Track ride replace World of
Motion at Epcot; Cirque du
Soleil show opens at
Downtown Disney
2000: Disney Institute
2001: Soarin' Over
California ride debuts at
opening of Disney's California
2003: Mission: Space ride
opens at Epcot
2005: Total number of
visitors at all parks hits two
Herald Staff

CAPITALISM AND CULTURE: Disney's beloved characters are seen on all so
did from the beginning realize, and some would say overpromote, th.

As goes Mickey, so goes ie coun-
try. And lately, Disneyil been in
trouble. Epic boardroom struggles
have crippled the company cre-
atively a metaphor, perhaps, for
how greed is choking our culture at
Maybe Disney is in one of its
down times, or maybe its hold on
the world's imagination has been
forever loosened.

From its inception, Disney per-
sonified a sentimental pride of
place. Son of a struggling working-
class Protestant family, Walt Dis-
ney recreated in Disney movies and
in Disneyland's Main Street USA an
idealized version of his Midwestern
small-town upbringing, which in
truth was only a small portion of his
childhood'(he grew up primarily in
cities). The inventive dreamer and
drawer made his fortune out of
spinning such fantasies.
Walt and Roy moved to Holly-
wood in 1923 and began making ani-
mated shorts for Disney Brothers
Studio. Walt was the original "ima-
gineer," as Disney's creative staff
came to be known; Roy held the
company together financially an
often-impossible task. By the '30s,
Walt's creation Mickey Mouse had
become world famous.
"There are a couple of different
explanations for why Disney took
the country by storm and became
so influential in so many ways,"
says Steven Watts, a history profes-
sor at the University.of Missouri
and author of The Magic Kingdom:
Walt Disney and the American Way
of Life. "The quality of his work was
superb.... There was a sparkling
creativity that was fresh and attrac-
tive and wonderful in many ways."
Disney was also an expert zeit-
geist surfer. "I found that Disney
served as a kind of historical media-
tor for many decades in that I think
he helped Americans come to grips
with changes in their society
through his work," Watts says.
"The great popularity of Mickey
Mouse in the '30s, a lot of that has
to do with the Depression and the
way in which Mickey Mouse served
as a kind of everyman. In the early
cartoons I found in many cases a
subtext of the heroic, ordinary, lit-
tle person surviving against the
odds, the elements."
Disney was also skilled at riding
and directing the waves of prog-
ress. Among other things, he real-
ized early on how important sound
films would become. He was a pio-
neering independent filmmaker,
refusing to sell his company to the
established Hollywood studios. In
the '50s, as television took hold, he
became a familiar face in American

households as host of Disneyland,
aka Walt Disney Presents. And with
Disneyland, he invented the Ameri-
can theme park.
"It introduced an entirely new
concept in outdoor entertainment,"
says Tim O'Day, director of print
and online publicity for Disney-
land. "It was the first immersive
three-dimensional storytelling
experience. Walt Disney wanted to
create a place where family and
friends could gather in a clean, safe
environment..,. He was also
looking for some kind of amuse-
ment where he could bring his sto-
ries to life."
"We had a wonderful time,"
recalls Martin. "I didn't know what
to expect. I'd only been to fairs. So
Disneyland was a new experience."
Opening celebrations were
awash in words and images of patri-
otism. Walt's politics had changed
with the times. The son of a social-
ist and onetime champion of the lit-
tle guy had been soured by a studio
strike in the '40s. He became an
ardent anti-Communist and friend
of J. Edgar Hoover's FBI.
Disneyland required workers to
follow strict dress and decorum
"In some fashion, Disney saw
Disneyland, and other people saw it
even more, as an idealized version
of what America could be," Watts
says. "It was a kind of urban reform
experiment where you could create
a make-believe entity that was
wonderful and attractive and thou-
sands of people could come into it
and have wonderful experiences.
... It was a utopian vision of subur-
ban America."
Disney took this imaginative
social experiment even further in
the '60s, when he conceived Walt
Disney World. His visions for the
park included a model community
called EPCOT Center. Walt died in
1966, before Disney World opened,
and EPCOT became an attraction
dedicated to futuristic technology.
But his '60s utopian vision came to
fruition of sort in the '90s, albeit
more as a yuppie real estate
scheme, when the Disney-created
Florida town Celebration was
Even some of Disney's support-
ers see the company's attempts to
remake, rather than just reimagine,
the world as having gone too far.
"A big weakness of Walt's is that
he had next to no understanding of
politics," Watts says. "I don't think
he ever realized that to make some
place like Disneyland come to frui-
tion you needed a kind of dictator
- the dictator of the happiest place
on earth. That's the dangerous side
of the Disneyland dream. It's a

Stewart says that bottom-line
obsession "is as far afield from
Walt as you could possibly get."
Even after his success, Disney
never got caught up in the trap-
pings of wealth or sweated budgets.
"He certainly didn't care about
quarterly profits," Stewart
But Disney did from the
beginning realize, and some
4 would say overpromote, the
Power of merchandising.
o Watts recalls stepping off a
train in Rome, anxious to
see the classic sights, and
immediately spying a
Mickey Mouse T-shirt
and the McDonald's
golden arches instead.
"The thing about the Dis-
ney phenomenon that I
found a little unsettling is this
tremendous commercialization
of the Disney image and prod-
uct that just seemed to be the
blob that ate Tokyo," he says.
Or as film critic Richard
Schickel wrote in his 1968 book
The Disney Version: The Life,
Times, Art and Commerce of Walt
Disney: "As capitalism, it is a
work of genius; as culture, it is
mostly a horror."
Eisner's role at Disney as chair-
man is now mostly titular, and by
September will be history. Rob-
ert Iger, a Disney vet-
eran, is the new
chief exec-utive.
"Iger's very nice,"
Stewart says.
"He's very unlike
rayE..isner in many
n ways; he would
have to be to sur-
vive. He likes to
t i say he's the real
survivor. The
question is, can
RAUL RUBIER /HERALD STAFF you go from being
a survivor to
rts of products. Walt Disney being a leader?"
e power of merchandising.
Si Disney needs to revive its cre-
y tIDAHO ative core, animation and amuse-,
hit ment parks, to become the com-
ngk j e pany it once was. Along with the
Sacramento happiest celebration on Earth, Dis
o NEVADA. ney is preparing to open its first
,ii \ [ amusement park in Asia, in Hong
Kong, in September. An animated
SCAFORNIA movie, Chicken Little, is scheduled
ig yct Sto. for Nov. 4 release.
t by "Hollywood businesses flirt with
n "'4 e wanting to make lots of money,"
Ed lf h a Stewart says. "It never really
splMt1~\ works. No one's found a formula
where you can take the entertain-
Los Angeles ment industry and make a reliable
profit.aInvestors have to accept
there are going to be highs and
lows. In the end, creativity drives
the company."
'The entertainment industryis
not the food industry," Martel says.
Anaheim "Michael Eisner tried to run Disney
StLonge1 a as Wal-Mart. He did succeed on the
S eh corporate synergies, business side,
:-: ..... ,but he failed on the personal level,
was Disneyland on the human factor. Creators need
Freedom, and you don't buy ideas
po<"".just with money. You have to
S10 miles respect them and to keep them with
THE HERALD Observers are watching Disney
not just to see how the company
technocratic vision that's very thrives, but because for so long,
shimmering and attractive but we've seen ourselves our very
doesn't jibe with political real- dream lives reflected in it. Amer-
ities. There's no room for democ- ica is like a child, it's been said, and
racy.... Disney under Disney presented the
best qualities of children: wonder;
GLORY REGAINED imagination; innocence; lack of
No one denies that the company irony; lack of pretense.
lost its way in the years after Walt "Those early Disney characters,
died. It wasn't until 1984, when Walt had an ability to tap into the
Michael Eisner took over as chair- psyche of child development,"
man and chief executive, that the Stewart says. "He never knew a
company that had made Snow thing about psychology per se, but
White and the Seven Dwarfs, Sleep- he had some kind of intuitive
ing Beauty, Mary Poppins and The understanding of the role and the
Jungle Book regained some of its grip on children's imaginations of
former glory. In part thanks to stu- these fable and fairy tales."
dio head Jeffrey Katzenberg, Dis-
ney produced some of its finest CASTS A SPELL
films in the late '80s and '90s: Shined and polished for its anni-
Beauty and the Beast; The Lion versary celebration, Disneyland
King; Toy Story. The company also still casts its spell as the Magic
became a powerhouse of more Kingdom. Disney designed the
mature movies, most notably by attractions so the lines never felt
acquiring Miramax Films. long; there was always something
But by the end of the century, or someone dressed as Winnie
Eisner's empire was falling apart. the Pooh to distract. Whereas
Miramax founders Harvey and Bob other amusement parks seem to
Weinstein left; the animation whiz foster overstimulated, stressed-out
kids at Pixar have said they too will families, a reporter on a recent visit
split, to Disneyland saw only one such
"A crucial thing was when Eis- nuclear meltdown. Everyone else
ner decided, listening to various was, well, if not the happiest, pretty
advisors, that Disney was a quote- happy.
unquote growth company that was Martin, wearing a Tinkerbell hat
going to generate 20 percent earn- during a visit to the park in April,
ings gains a year in perpetuity," has gone almost every year since
Stewart says. "Now Disney had' the first of her six children was
accepted the embrace of Wall born. "I'm impressed with the qual-
Street, was obsessed with stock ity, that they keep improving....
price, and was just another big cor- It's mostly still family oriented and
portionn" that's important."


I I ,I,-,

I HE TRIBUNE ...... ..., .





JAMES L KNIGHT (1909-1991)


Our reps earn

even when absent


L aws, it seems, are fine for the
hoi polloi. But when it comes to
Congress Ground Zero for inces-
sant bleating about "the rule of law"
some codes are mere formalities
to be ignored.
Take the pesky "No work, no
pay" law. For you legal eagles, that's
in 2 U.S. Code Section 39.
The 1856 law is both sensible and
straightforward: If a member of
Congress is absent for reasons other
than official business or personal or
family illness, he will be docked one
day of salary for every day
In other words, to get
paid, you have to come to
It makes sense in a busi-
ness where, in order to pass
legislation, you actually
have to show up and vote. CHESTEI
But in our age of perpetual cam-
paigns, more politicians are going
AWOL from their day jobs to seek
better ones. It's the political equiva-
lent of leaving a coat draped over
the choicest seats in the movie the-
Instead of resigning to seek
higher office, or waiting until their
terms are finished, these politicians
are drawing their full paychecks -
$158,100 last year for work missed
in Washington while pressing flesh
elsewhere. -
Not only is it unethical to get
paid while denying congressional
representation to constituents, it's
also how to put this delicately? -
illegal. But clever senators are try-
ing to fix that stumbling block, not
by following the law, but by
exempting themselves from it.
Tucked away in the Senate's leg-
islative-spending bill is a provision
to relieve senators from the annoy-
ing obligations of a law most regard
as a mere formality. Or as Pete
Sepp, spokesman for the National
Taxpayers Union, puts it: "Their
view is, if you can't join the law,
beat it."
No wonder. Turns out some real
stars in the political stratosphere
appear to have run afoul of this par-
ticular rule and kept the unearned
dough. According to NTU, a non-
partisan advocacy group that scruti-
nizes government spending, Sen.
John Kerry, erstwhile Democratic
presidential contender and gazil-

lionaire, missed 146 days of work in
2003 and 2004, and was overpaid
$91,000; chump change if you have
access to Teresa's PIN number.
Other reprobates: Sen. Joseph
Lieberman, who skipped 54 percent
of all Senate votes in 2003 and was
overpaid $39,000. And former Sen.
John Edwards, slammed last year by
Vice President Dick Cheney for
playing hooky from the Senate,
missed every single vote during
July, September and October of
2004. That netted him $64,000.
Because of their wide-open field
in the presidential race, Democrats
were the worst offenders of the past
1two years. But some Repub-
licans gave them pardon
the pun a run for their
money. Former Republican
congressman Jim DeMint
missed 37 days of work in,
the House while campaign-
ing for a South Carolina
S Senate seat; he received
$23,000 he didn't earn. Ditto for
Pennsylvania's Rep. Patrick
Toomey, AWOL for 19 days; that's
No such rule binds President
Bush; in fact, Air Force One regu-
larly doubled as his campaign plane.
Of course, $91,000 here and
$12,000 there amount to little more
than budget dust. But when the $8
trillion federal debt means every
man, woman and child is in hock for
$26,000, every penny counts.
Further, the law is a formality
only in the offenders' minds. Your
average armed robber or car thief
probably uses a similar rationaliza-
tion. The difference is, unlike politi-
cians, they don't have the power to
change inconvenient laws.
Pity poor House members, who
didn't think to include a similar pro-
vision in their spending bill. If law-
makers have an ounce of shame in
their bones, they'll block the repeal
attempt from the final version.
But the House was surely
cheered by its nice automatic pay
raise two weeks ago. After all, it's
hard work griping-and-grinning
with school groups, refilling the ink-
well on the Autopen and mailing
form letters to constituents.
Yes, laws are for the little people.
Apparently, belt-tightening and
shared sacrifices are too.

Bronwyn Lance Chester is a col-
umnist for The Virginian-Pilot in
Norfolk, Va.


Press corps vs. White House


It's a civil war in Washington.
The combatants have an eye-
for-an-eye mentality. The parti-
sanship is heated and nasty.
Republicans versus Demo-
crats? Nah. This one pits the
media against the
White House.
It's a war the
media can't win,
and shouldn't
The grilling
that White
House reporters GOODWIN
inflicted on presidential spokes-
man Scott McClellan last Monday
over whether political guru Karl
Rove leaked the name of a CIA
operative was no ordinary give-
and-take. It was a hostile hector-
ing that revealed much of the
mainstream press for what it has
become: the opposition party.
Forget fairness, or even the
pretense of it. With one of its own
locked up Judith Miller of The
New York Times much of the
Beltway gang has declared war on
the White House.
Reporters. apparently have
decided Democrats aren't up to
the job. Can't blame them.
That the mainstream media
are basically liberals with press

I *



passes has been documented by
virtually every study that mea-
sures reporters' political identifi-
cation and issue positions. But
bias has now slopped over into
blatant opposition, a stance the
media will regret. Instead of pro-
viding unvarnished facts obtained
by aggressive but fair-minded
reporting, the media will be
reduced to providing comfort
food to ideological comrades.
Already held in lower esteem
by the public than lawyers and
Congress, the press risks looking
like a special interest group. Its
claims to represent "the Ameri-
can people," as one McClellan
inquisitor did, are' easily ignored
when it serves as an echo cham-
ber for the anti-Bush.
Indeed, as soon as Monday's
bash-by-press session ended, Sen.
John Kerry, D-Mass., called on
Rove to resign. If everybody
resigned when Kerry demanded
it, Washington would be empty.
In fairness, the media have
many reasons to feel frustrated.
The Bush White House has not
only restricted information, but
has aggressively moved against
traditional press privileges.' In the
past year, about 25 reporters have
been subpoenaed or questioned
in courts about their sources,
according to the Newspaper
Association of America.

The most famous case has
seen The Times' Miller sent to
prison for up to four months after
she refused to disclose who in the
government talked to her about
CIA agent Valerie Plame.
A federal prosecutor is prob-
ing whether a crime was commit-
ted by someone who blew
Plame's secret status. Rove has
emerged as the latest press sus-
pect; his lawyer denies any
Miller a former colleague of
mine has taken her punish-
ment with grace. Her husband,
book editor Jason Epstein, told
Editor & Publisher magazine,,
"She was quite prepared to take
the consequences and the judge
had no choice, she understood
that." Epstein said Miller believed
she had to protect her source,
even if that meant jail.
"I don't see how it could have
been avoided because the law is
the law," he said. "She exhausted
her appeals and had no place left
to go."
What a refreshing, adult point
of view. Here's hoping it spreads.
Then the press can get back to
reporting on the president
instead of fighting him.

Michael Goodwin is a colum-
nist for The New York Daily

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