The Battalion. (College Station, Tex.) 1893-current, September 06, 1985, Image 21

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Associated Press
NEW YORK — Corporate leaders
charged Thursday that an alarming
number of youngsters leave school
lacking the discipline, work habits,
command of English and other skills
needed for job success.
Their 107-page report, “Investing
in Our Children: Business and The
Public Schools,” represents the first
clear statement of what the business
world wants from public schools.
It said schools fail to stress what it
called the “invisible curriculum” of
teamwork, honesty, reliability and
"learning how to learn” — traits the
business world considers important
to success in college and career.
The panel's survey of business
leaders representing some 244 large
companies and 65 small firms found
that a majority believed too many
youngsters leave high school with
the idea that adults tolerate tardi
ness, absenteeism and misbehavior.
"Young people who have not
discipline a
sic skills anti especially mastery of
and mastered ba-
“Young people who have
not learned discipline . . .
are doomed .... ”—Owen
B. Butler, chairman of
Procter & Gamble Co.
English are doomed to failure and
unemployability in later life,” said
Owen B. Butler, chairman of
Procter & Gamble Co. and head of
the 60-member panel that produced
the report.
The panel’s survey of business
leaders representing some 244 large
companies and 65 small firms found
that a majority believed too many
youngsters leave high school with
the idea that adults tolerate tardi
ness, absenteeism and misbehavior.
“If schools tolerate excessive ab
senteeism, truancy, tardiness, or
misbehavior, we cannot expect stu
dents to meet standards of minimum
performance or behavior either in
school or as adults,” said the report.
The three-year, $1 million study
was sponsored by the New York-
based Council for Economic Devel
opment, a public policy research
group whose 225 trustees are mostly
top corporate executives.
In Washington Thursday, Secre
tary of Education William J. Bennett
called the CED report “a welcome
contribution to the national conver
sation on the state of our schools and
how to improve them.” He praised
the report’s emphasis on good work
habits and high academic standards,
as well as its call for more parental
involvement in education.
The report urged educators to
use tried-and-true business tactics to
address school problems. Excellent
schools should be freed from bur
densome state regulation and super
vision, while floundering schools
should be declared “bankrupt" and
placed in state or local receivership
to be either reorganized or shut
NOW to fight
Associated Press
WASHINGTON — Feminists
who do not confront their “right-
wing, fascist opposition” may see
their gains slip away, Eleanor
Smeal said Thursday in a blunt
and passionate comeback speech
setting the tone for her lead
ership at the National Organiza
tion for Women.
“We don’t take the right-wing
fascist opposition seriously
enough .... We’re about to see
unravel all the ^ains of the last 30
and 40 years, ,v Smeal, installed
Sept. 1 as president of the femi
nist group, said in a speech at the
National Press Club.
“(But) there’s a lot of us
around and we’ve got a lot of kick
left and we intend to raise hell as
long as we’re still living,” she
added. “It’s time to show where
you stand today — not to tell us
about the great strengths of yes
Smeal recaptured the NOW
presidency in July from Judy
Goldsmith, who had succeeded
her in 1982.
New guideline set
for donating blood
to help battle AIDS
Associated Press
ATLANTA — In revised
guidelines aimed at eliminating
AIDS virus from the blood supply,
federal health officials recom
mended Thursday that any man
who has had sex with another man
even once in the last eight years re
frain from donating blood.
The national Genters for Disease
Gontrol has for years considered ho
mosexual or bisexual men with mul
tiple sexual partners to be at in
creased risk for acquired immune
deficiency syndrome.
But the latest recommendation
from the Food and Drug Adminis
tration, published by the Atlanta-
based GDC, applies even to men
“who may have had only a single
contact, and who do not consider
themselves homosexual or bisexual.”
The FDA stopped short of saying
that any man wno has ever had gay
sex is at increased risk for AIDS.
Susan Cruzan, a spokeswoman for
the FDA, said, “But we would cer
tainly consider them able to be car
AIDS, or acquired immune defi
ciency syndrome, is an affliction in
which the body’s immune system be
comes unable to resist disease. It is
believed to be caused by an unusual
virus discovered in France and the
United States.
AIDS is most likely to strike ho
mosexuals, abusers of injectable
drugs and hemophiliacs. It can ap
parently be spread by sexual contact,
contaminated needles and blood
transfusions, but not by casual con
tact. It has struck more than 12,000
people in the United States since
1979, and more than half of them
have died.
Interviews with donors of AIDS
virus-positive blood showed “homo
sexual contact” to be “the most com
mon risk factor identified,” the FDA
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E.F. Hutton
Company will effect reorganization
to combat lax management problem
Associated Press
torney General Griffin B. Bell
blamed lax management for allow
ing E.F. Hutton Sc Co. to slip into le
gal trouble over its banking practices
and the firm said later Thursday
that it would implement Bell’s rec
ommendations for an extensive re
Three top officials are leaving
corporate headquarters and a com
pany statement said the board of di
rectors will be restructured to ensure
that a majority of the members are
from outside the firm.
In a report and 90-minute news
conference on his three-month in
vestigation, Bell drew a picture of a
corporate giant with so little control
from the top that it had no way to
detect wrongdoing by several of its
middle managers.
It also was a picture of a firm so
eager to maximize the interest earn
ings on its huge daily cash flow that
abuses were practically invited.
“The absence of controls is partic
ularly noticeable given Hutton’s in
tense desire during 1980-82 to maxi
mize interest income ... and the
knowledge of senior Hutton man
agement that substantial interest in
come could be generated through
bank overdrafting,” the report said.
However, Bell said his investiga
tors were unable to link wrongdoing
to top New York officers “from a
standpoint of criminality.”
“It was a management failure, not
an ethical failure,” Bell said.
But he said there was wrongdoing
by a group of middle managers who
were given immunity from prosecu
tion by the Justice Department in an
unsuccessful effort to trace im
proper check overdrafting practices
to corporate headquarters.
The report recommends that six
branch managers be assessed penal
ties ranging from $25,000 to
$50,000 with the money being paid
to a charity, and the firm said this
will be done. The six are among
those given immunity.
Hutton chairman,Hutton chair
man Robert Fomon hired Bell to
conduct an internal investigation af
ter the firm pled guilty on May 2 to
2,000 counts of wire and mail fraud
in connection with bank overdraft
ing that the Justice Department said
cheated hundreds of banks out of
millions of dollars in interest on
Hutton accounts.
The report says just over a quar
ter of the 397 banks that may nave
suffered interest losses have signaled
their intention to file claims for resti
tution, and Bell said he believes the
$8 million fund Hutton has reserved
for restitution will be more than
Bell, attorney general under Pres
ident Carter, said lie could not fault
the Justice Department for granting
immunity to some employees in an
attempt to trace wrongdoing to the
Noting that a House subcommit
tee is investigating the department’s
handling of the case. Bell said, “The
fight is almost now between the Con
gress and the Justice Department.”
And he suggested that the depart
ment “may have done too good a
job. They may have made something
larger than life” by securing a guilty
plea to 2,000 counts.
“I wouldn’t have pled guilty to
2,000 counts based on what I know,”
he said.
The report says two top corporate
officials singled out for failing to
exercise their management responsi
bilities — Thomas P. Lynch, the ex
ecutive vice president, and Thomas
W. Rae, chief legal counsel — are
leaving their posts.
It recommended that so-called
money mobilizer Thomas Morley, a
central figure in the firm’s cash man
agement practices, be reassigned to
other duties. Fomon announced
later that Morley “is leaving the com
UPI requests union contract void
Associated Press
WASHINGTON — United Press
International, stymied in its latest at
tempt to obtain wage and benefit
concessions from the Wire Service
Guild, will return to federal bank
ruptcy court with a new request for
termination of the union contract, a
company spokesman said Thursday.
David Wickenden said UPI will
file a petition with U.S. Bankruptcy
Judge George Francis Bason Jr. in
the next few days to void the three-
year contract that expires April 26,
William Morrissey, president of
the Guild, said Thursday, “If and
when they do file (to break the con
tract), then our commitment to
defer the strike vote is ended and we
will continue the strike process. We
have an agreement in force. We in
tend to see that it is lived up to.”
The Guild’s previous strike vote
was halted when the union and UPI
entered discussions with the aid of a
federal mediator.
In a message to UPI employees is
sued late Wednesday night, UPI
chairman Luis Nogales declared
“the company will be in peril” unless
it wins the wage and benefit conces
sions it has sought unsuccessfully
since June.
Wickenden made a copy of the
UPI statement available to The As
sociated Press.
UPI has said contract concessions
are necessary to make the company
more profitable and attractive to
prospective buyers or investors. The
Guild says the employees have sacri
ficed enough, and that the company
could cut costs elsewhere.
The Guild, in a lengthy statement
made available on Thursday, said
“the union will discuss its collective
bargaining agreement only with a vi
able purchaser,” not with current
UPI managers.
After UPI first petitioned to void
the contract, leaders of the Guild,
which represents about 750 UPI edi
torial employees, responded by
agreeing to ask members for autho
rization to call a strike if Bason ap
proved the request.
Both sides backed off when Bason
referred the dispute to federal me
diation, but six days of talks under
the auspices of the Federal Media
tion and Conciliation Service col
lapsed Aug. 22 without any sign of a
Bason has been overseeing UPTs
efforts to put its financial affairs in
order since April 28, when the com
pany filed for protection against
creclitors under Chapter 11 of fed
eral bankruptcy law.
UPI opposes full restoration of
employee wages, as agreed upon last
September when the union accepted
a temporary, 25 percent pay cut.
The company also seeks reductions
in medical benefits, pension liability
and dismissal indemnity, together
with a 40-hour work week for all em
ployees, some of whom now work a
37.5-hour week.
\AGGI^\5/flfclNE MA/
September 6/7
Rudder Theatre
7:30/9:45 p.m.
September 6/7
Rudder Theatre