In Arkansas Mischief, Jim McDougal, a businessman who died while in prison last March, says that President Clinton committed perjury when he was called in 1996 to testify in McDougal's trial centering on a fraudulent loan from convicted businessman David Hale, the Post said in its Tuesday edition.Clinton testified by videotape that he did not discuss the loan. McDougal says in the book that the President did.

McDougal, who along with his wife, Susan, owned a failed savings and loan institution at the heart of the Whitewater land deal in Arkansas that led to an independent investigation, said Clinton borrowed 25,000 dollars from his institution but later denied it under oath.

McDougal also charges that Clinton agreed to pardon his wife, who was implicated in the loan case,the report said.

Susan McDougal is in prison for fraud. She also is serving a separate 18-month jail term for refusing to testify before a grand jury in September 1996.

David Kendall, Clinton's attorney, told the Post that McDougal's accusation that the President lied is false.

``There's no point in responding to each of the other scurrilous falsehoods in McDougal's book, however much they may hype sales,'' Kendall is quoted as saying.