CALIFORNIA | LOCAL
July 31, 1986
Tyler Marshall's article (July 16) tells of the successful resolution of a British and Soviet settlement of a 60-year-old czarist obligation. On the surface, this appears to be an historic event, to receive payment from an adversary whose obligation predates its own regime. Yet Soviet Foreign Minister Eduard A. Shevardnadze has outmaneuvered British Foreign Secretary Geoffrey Howe. The Soviets merely reviewed the British bank accounts, established equivalent claims and settled this historic grievance without a single ruble leaving the Soviet Union.