yesterday by a Magistrate because it was outside the one-year time limit. ---- Page 2 PERMITS COULD EARN GOVT. $1M IMM GVT Permits could earn Govt. $1m Government could rake in almost $1 million in fees from long-term residents applying for the new Working Residents' Permits -- which cost $812 each. ---- Page 3 SEA-LAND BAIL-OUT FIRE SEN Sea-Land bail-out under fire Accusations of financial mismanagement were levelled at the Government as Senators discussed an audit report into the building of Westgate prison. ---- Page 6 PAINT COMPANY'S PROFITS DROP BUC Paint company's profits drop Paint-manufacturer Devonshire Industries Ltd. suffered a 4.6 percent decline in profit to $515,184 or $1.18 a share for the financial year ended March 31.

However company President Miles Outerbridge remained upbeat about the performance. ---- Business, Page 9 A DEGREE OF SUCCESS, AT LAST TOD ED A degree of success, at last Charles Jeffers, leader of Bermuda's smallest party has won a degree -- 14 years after he first started studying. ---- Page 13 BFA TO CHASE DEADBEAT CLUBS SOC BFA to chase deadbeat clubs The Bermuda Football Association is to crack down on soccer clubs which owe a whopping $30,000 to the sport's governing body. ---- Sport, Page 21 HOTELS-VASCO MERGER DENIED SOC Hotels-Vasco merger denied A move that would see Hotels amalgamate with top soccer club Vasco was yesterday vehemently denied by Andrew Starling, president of Hotels. ---- Sport, Page 21 Ironkids Colour Photo Album: Page 22