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Stewart acts as peacemaker

firms and warned: "Don't fight your battles in the press!'' Bob Stewart, Chairman of the Telecommunications Commission, also accused TeleBermuda International, Cable and Wireless and BTC of "slowing down competition'' by their fighting. ---- Page 2 GOVT. PLEDGE TO HELP NEEDY GVT Govt. pledge to help needy Low income families, with children in day cares, will receive a subsidy to help ease their financial burden. Health and Family Service Minister Wayne Furbert yesterday announced that the child care initiative, which will cost Government more than half a million dollars, will go into effect September 1.

---- Page 3 SPORTS CEMTRE REPAIRS FURORE GVT Sports Centre repairs furore National Sports Centre trustees could be wasting another $650,000 of taxpayers' money by "cutting corners'' on work to replace the running track.

That is the view of Shadow Youth and Sports Minister Nelson Bascome, who is urging trustees to obtain a guarantee for the project from consultants. ---- Page 3 ACE LTD. NET SOARS IN Q3 BUC ACE Ltd. net soars in Q3 Bermuda-based ACE Ltd. reported net income of $171.5 million for third quarter ended June 30, a gain of 32 percent over the same period 1997. ---- Business, Page 11 SUSPENSION HITS SOMERSET CRI Suspension hits Somerset Somerset's Cup Match unavailability list grew to five this week with the suspension of veteran batsman Richard Basden for five matches. Basden, who sat out the Classic two years ago in Somerset when the west enders beat St.

George's, was slapped with the ban by the Bermuda Cricket Board of Control for his conduct against umpire Jeff Pitcher in match two weeks ago. ---- Sport, Page 23