THE BATTALION Page 3
FRIDAY, NOVEMBER 22, 1974
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Douglas Jewelry
MNC set-up viewed
Stagflation grips U.S.
Ronald Mueller
Photo by Chris Svatek
^tagflation is tightening its grip
on t| le U.S. said economist Ronald
Mueller Thursday night.
Mueller defined “stagflation” as
an inflation acceleration and uneni-
ploytnent increase.
Mueller, speaking for Great Is
sues, and Richard Barnett, present
ing a Political Forum program, dis
cussed the present system of
multi-national corporations (MNC)
and their effect on the economy.
Burnett, a former State Depart
ment official, said that MNC’s have
on )> one goal—maximizing profit.
They are not new, " Barnett said.
Furthermore, American busines
ses have been going abroad for the
last Century.”
Barnett said, “What is new about
them is that their central manage
ment is beginning to integrate ac
tivities of the whole world, to max
imize profits.”
Both speakers described th£ ef
fects of the “global” corporations as
disrupted community economics,
mass poverty, unemployment and
mounting inequality between the
poor and the rich.
Economist Mueller said that
MNC cannot be controlled by na
tional governments because they
can put their operations in another
nation, thus bypassing a stricter na
tional government. To balance this
problem, Mueller suggested the es
tablishment of global controls for
global companies.
Mueller added that price controls
are necessary but that they must be
global in scope, so that a company
cannot escape controls by moving to
another country.
Global corporations also go into a
poor country and start mechanized
agriculture, Barnett said, forcing
the small farmer out of business.
But instead of the company growing
grain where it is needed most, the
company cultivates carnations for
the U.S. market and a bigger profit.
Both speakers are jointly writing
a book concerning MNC. The title is
Global Reach and will be released
in January.
Mu Chi initiates 63 new members
Kappa Delta Pi, education honor
society, has initiated 63 members
on campus.
The Mu Chi Chapter installation
also featured an address by Dr.
Frank W. R. Hubert, TAMU educa
tion dean.
Chapter President Shirley
Walser and other officers conducted
the initiation. Also serving the chap
ter are Judy Hendricks, first vice
president; Hillary Jessup, second
vice president; Brenda Burleson,
secretary; Art Vickland, treasurer,
and Carolyn Adair, historian.
KDP sponsors are Dr. Patricia
Self, counseling service
psychologist, and Dr. Jack Camp
bell, curriculum and instruction
professor.
Shawn Phillips slated for Bonfire
212 N. Main
Downtown Bryan
822-3119
Town Hall will bring singer
Shawn Phillips to campus in a Sep-
cial Attraction Bonfire presentation
Tuesday night.
The program will begin at 9 p. m.
in G. Rollie White Coliseum after
the traditional Bonfire.
The South Texas musician will
be accompanied by “Quartermass.
Phillips, who wrote and sang six
albums, will perform many of his
favorites for the audience. His ap
peal to the young adults of today is
evident by the style and subject of
his songs.
Presently living in Italy, Phillips
expressed his easy lifestyle and his
personal feelings in the songs he
wrote.
With this in mind, he tries to im
merse the musicians on stage and
the audience in the music so that
they will anticipate the next mood of
the music and enhance it.
Phillips uses the entire range of
the English vocabulary, from slang
to archaic forms. This use of varied
and sometimes lengthy words has
been criticized by some but Phillips
uses these polysyllabic words to
communicate better with his audi
ence.
On stage, the Town Hall musician
sings a variety of rock and roll, bal
lads and middle-of-the-road tunes.
With this variety, he usually appeals
to the audience with at least one of
his tunes. Adding to this range of
tunes is his ability to sing in a four-
octave span, creating a versatility
unique to Shawn Phillips.
Tickets for the Bonfire night Spe
cial Attraction will be $4.50 for re
served seats, $2.50 for student gen
eral admisson and $3.00 for public
general admission. Tickets can be
obtained at the Rudder Center box
office.
Professor to study
frigid Bering Sea
The frigid Bering Sea is a giant,
fertile fish factory and scientists are
wondering why.
Dr. P. Kilho Park, on loan to
TAMU from Oregon State, is one of
a group of Japanese and American
scientists exploring this Arctic
phenomenon of productivity.
He is involved in the “Nutrient
Cycles and Material Balance of the
Bering Sea. Park explained, “This
is the fingerprint of productivity of
an area. It more or less indicates the
production of fish.
He said that currently the U. S.
does little fishing there compared to
Japan, USSR and Korea.
“Essentially, the U. S. is donating
parts of its continental shelf to other
countries and are losing fishery pro
duction year after year, he said.
“Some of it comes back to the U. S.
as processed fish from Japan and
Korea, like that used in ‘fish and
chips establishments.”
Park plans a 1976 scientific exped
ition to examine the productivity
and nutrient dynamics of the Bering
Sea as part of U. S. PROBES (Pro
cesses and Resources of the; Bering
Sea Shelf).
“The annual cycle of organic mat
ter production in the Bering Sea is
unique as a consequence of the ex
pansive shallow shelf of the sea, its
relatively enclosed basin, and its
seasonal cover of sea ice over the
shelf, high nutrient recycling and
abundant sun’s energy that is avail
able during summer,” Park pointed
out. “These features result in
mechanisms that function in combi
nation only in the Bering Sea. This
complex of mechanisms greatly in
creases the total annual production
beyond what would be expected for
a sea situated on the edge of the
.Arctic.”
Park’s forte is chemical oceanog
raphy. He is concerned primarily
with carbon content of seawater and
cycling of plant nutrients. Produc
tivity is most readily assessed in
terms of carbon which is an impor
tant factor in community and system
metabolism as well as air-sea in
teraction.
“The Bering Sea Shelf is one of
the most productive regions in the
world’s oceans, he said. “It con
tains some of the highest concentra
tions of seabirds and marine mam
mals in the world.
“The sea ice is the conveyor belt
for much of that primary productiv
ity, which contributes to the sup
port of one of the* world’s richest
fisheries, he noted. “The ice pro
vides a matrix for a spectacular algal
bloom that enriches the water be
neath.
“The' interrelationships of this
shelf system and its processes are
complex and its influences are far-
reaching, Park continued. “Sus-
tainer of bountiful life and potential
generator of climate, its influence is
felt at the dinner tables ofTokyo and
Moscow and perhaps in the 1 weather
on the plains of Kansas. It is the
challenge of this promising model,
its biological adaptations, resources
and physical processes and the per
petuation of those resources to
which we wish to direct our inves
tigation.”
/
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