Rep. Alexander's Mena documents at Arkansas State A good stock tip: Buy long in bicarbonate of soda By: Wesley Pruden Washington Times (WT) Friday, March 15,1996 Bill Alexander, the 12-term Democratic congressman from Arkansas and chief deputy whip of the House until he was defeated in a primary in 1992, will donate his private papers to Arkansas State University at a luncheon today at the university in Jonesboro. This could give some people considerable bipartisan indigestion, since most of the papers will then be available for inspection. His papers include considerable documents, depositions and correspondence about Latin America, which was one of Mr. Alexander's keen interests, and particularly some historical details of the American involvement in the successful resistance to Nicaragua's Marxist revolution. Mr. Alexander, who practices law now in Washington and in Arkansas, staunchly opposed U.S. support for the Contras and was one of the signers of Jim Wright's famous "Dear Comandante" letter. No right-wing conspiracy nut he. But what may interest reporters and others more are papers relating to that famous little airport in Mena, Ark., from which arms were shipped to the Contras, and which became a transit point for drugs from Latin America. Speculation persists that there was a connection between the arms and the drugs - that lots of drugs, cash and arms intersected at Mena, far from prying eyes, deep in the rugged Ouachita National Forest. Mr. Alexander has been trying for years to get to the bottom of whatever was going on at Mena, insisting that no partisan favor be shown to anyone. There may be clues, if not answers, in his congressional papers to the questions that persist, like stubborn wisps of early-morning fog in the hollows of the lonely hills, about the tales of drug trafficking and money laundering in Arkansas in the '80s, when Bill Clinton was el supremo in Little Rock and Ronald Reagan and George Bush were presiding over Washington. What was the response of federal and state law enforcement agencies to this persistent speculation, enhancing but not confirming the known facts? Why did a federal grand jury empaneled to investigate drug trafficking and money laundering do nothing? Who authorized the order countermanding a search warrant and seizure of illegal drugs and aircraft at Mena's Inter-Mountain Airport? Who was protected, and why? Why was a special agent for the IRS directed to lie to Congress about what he had learned in his investigation? Where did the trail of dirty money lead? To Washington via Little Rock? Why did the National Security Council in 1988 order federal agencies not to cooperate with Mr. Alexander's congressional inquiry? To what extent was Arkansas used as a place to launder drug money? And to what extent, if any, has U.S. policy in Latin America contributed to the loss of the "war on drugs" in the United States? Mena has fascinated Jim Leach, too. The chairman of the House Banking Committee, the methodical Republican from sober Iowa, has been prying into some of the dark and wondrous corners of Arkansas, trying, like Bill Alexander before him, to sort through the tales to find a few facts. This is not always easy in the Gothic culture of Arkansas, where the unlikely is usually the likeliest explanation for the tallest of tales. The man who could tell all, or at least a lot, is Barry Seal, a sometime airline pilot, gun runner and drug trafficker who is thought to have worked for the Drug Enforcement Administration, the CIA and maybe the National Security Council during the Reagan years. But Mr. Seal, like Vince Foster, is conveniently dead, having been slain by Colombian drug-cartel enforcers. Another man who might be called as a witness is Dan Lasater, a Little Rock bond broker who served time for dealing drugs. The lady who ran his operation while he was in prison is now a senior aide to Bill Clinton at the White House. A wee world down there. Whatever misdemeanors and felonies, if any, may lie in his past, Bill Clinton is clearly counting on infinite reality to save him. The more incredible the Arkansas of his past appears to be, the more credible his protestations of innocence may sound. How could all that stuff be true? And if it's not, how could any of it be true? An alternate juror got bounced yesterday from the Whitewater trial because she gave an unauthorized interview to tabloid TV. Some people thought she was a weenie because she showed up for nine straight days dressed in the maroon- and-black uniform of Star Trek's good ship Enterprise. She had her phaser, tricorder and communicator badge attached to her belt, ready to go whenever Scotty wants to beam her up. This is not so odd in Arkansas, though it does not necessarily happen every day. But don't take my word for it. You could consult the Alexander papers at Arkansas State.