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Show The Salt Lake Tribune, Sunday. January Busincs P.ii irail here's mi Engineer eei Comfortable in Management land-base- force of 2,400. Terminals, which can be located anywhere in a building or warehouse, essentially visual, provide rapid information from a central computer. Information Supplied That information may flick out on a television console screen, or chatter out as printed Information, according to the users needs. The terminals have a typewriter keyboard by which the user asks for stored information or computer calculations. Or the keyboard can be used, bypassing the computer, for direct communication elsewhere in the building or the corporate system. Industry feeling is that this kind of communication is so evolutionary' that it will command a role in tire business world, no matter the current economic distress. And several competitors have leaped into the market. Engineering Research Associates Dilater merged V Viewpoint Changes Disenchanted with defense business, he signed on as an engineer with Minnesota Pipeline Co., a crude oil. trans-porteM- It turned out to be a rewarding r and enlightening experience. The petroleum people were an r r. entirely different breed from any others he had known. In 1961, he rejoined Sperry Univac as it moved to provide contract services for the nations moon program. For the past 10 years he has been more of an administrator than engineer. Often, industry has made a mistake by taking a talented engineer and garbing him with a managers cloak he says. The result: The engineer is frustrated. And management suffers. In his own case, he says, he has enjoyed being a manager. And Maybe, I wasnt a particularly good engineer, he says wryly. As a manager, he declines use of the stick or carrot. Good for the short term, he says, but not for the But the Edam family was not rich. And there was no money for college. He thought he might want to be a flyer. Perhaps the Navy was the answer. A chance to fiy. And a chance to accumulate some G.I. Bill benefits for college. But a thoughtful high school instructor beefed him up in physics before he enlisted. The Navy quickly put him into their electronics training program. r His enlistment completed, he enrobed in college. In 1953, he graduated from North Dakota State College with a degree in electrical engineering and into a job with General Electric at Fort Wayne, hid. It was a busy time to be an engineer with the emphasis on technical work the Korean War imposed upon the nation. two-yea- 5 t-- r. pick up the work rhythm and work what appears to be a standard day for mana- bosss gers. Some say they consider themselves fortunate that they dont work at headquarters. "Ill tell you this, said a manager of the Newton, Mass.. Marriott Inn, !ts worse at River Road. In at 7 a m., Out There, Bill Marriott personally sets the pace. Hes in by 7 a.m. and out around 7 or Social life? he asked. I a social life. Friendship is an investment and friendship takes a lot of time. My priorities are the church, the family and the r four-yea- career. Washington, dont have if employes out in the field and removed from the prying eyes of executives at River Road headquarters in Betbesda, Md., just northwest of life. tl Marriott Even M. Cohen Washington Post Writer J. Willard Marriott Jr heir to the family fortune, multimillionaire and chief executive officer of the Worldwide Marriott Corp. at a salary of $146,250 a year, is rich enough to afford anything anything but a social In he joined General Mills Electronics Division. Ten months later. General Mills got out of the electronics business, and Mr. Edam was out of a job just when hundreds of engineers over the nation were out of jobs. d Richard By - business. After that, I have very little time left over. The same holds for many Marriott exeeeutives who, taking their cue from the 8 pm. boss, work six to seven days a ' week. If they have some free When he eats, he makes no time, they can read the book production of it. Its down to Marriott gave them "The the only cafeteria at Marriott Tune Trap. It tells them headquarters where, tray in Hi how to better use their time. hand, he lines up like thousands of other Washing! Momma Manual tonians, wondering what the Marriott keeps it in his den daily special will be. at home, on a shelf above the If he looks for sugar, he will one holding the manual lor find it gone from the tables Mormon priests. removed when the price of You cant get these guys, went through the ceilsugar because they work harder A y ing. When hes at his desk! than you do, said a former hes things like buying Marriott executive who left Greekdoing cruise lines, building the company to spend more hotels inCairo, refurbishing time with his family. the Essex House in New York and answering every letter "Theyre not out chasing tS4c3 Swxfci' ti broads when theyre on the of complaint sent his way. Donald M. Edam once wanted coaching career. road. They go back to their He and other members of hotel room and pore over a his Today, he heads a division of Sperry Urdvac. family personally select I never worked contract the bedspreads in every Mar-Se- e so hard in my life. Column b Page Marriott, 42, likes to call the doubletime pace hustle. It so pervades the company that industry analysts and Marriott men cost of those same items. The (TSA), and at age 61 1 quit ray themselves consider it as smaller of the two balances job after having contributed much a corporate asset as the v can be deducted. $13,060 (not subject to income items listed in the annual Yes, any excess loss, after tax) to the annuity. . report. prescribed adjustments, may Two years ago I withdrew be carried back They Overdo It? starting $8,900 and paid federal and with the third year prior to At same time though, the on tax income state the - ' ' r' !,' the loss-yea-r. amount, la 1974, I withdrew some Marriott associates j$ J iS Dear Mr. Smith: I have another $2,060. I plan to worry that Marriott men v' ;v $2,209 (before 1969) capital withdraw the remaining overdo it, that someoC decisions v j loss carry-ove- r to 1974. WUl I $4,080 (including interest) are made in a fog fatigue. he permitted to use $1,000 of daring 1975. Does the new this to offset $1,069 of ordiPension Act apply to the "MAY WE HELP YOU? it nary income? Or, wfJB I now $2,000 that I withdrew in 1974 'If 8 J have to use $2,020 of the and the $4,090 for 1975? ffistotiR&Tt Repair & I' to offset $1,069 carry-ove- r II.L.T. Sfabro lebs. Inc.,- hm for 16 years prevroec s j j. 1974 ordinary income? & cslibmtion in hie f;: quality instrument service ot l The Pension Reform Act sj .'- fields 0 Asrcspece, C.V.Mc. Analytic. Chemistry, " ' made no change in the way if "industrial Electronics, Mechanical, Medics! c- i; . i j, 3 0 On losses, you use TSA distributions are taxed. Electronics, Pressure & Television. Service t j up $1,900 of the loss to get They will be fully taxable as .Contracts! Trscft&ie te Salieaal Surratt of SJsktoiis. your $1,000 deduction. IRS in previous years, since you forms are very confusing. Be never paid income tax on the careful as you fill in the $13,000. LABORATORIES, INC.' details on your loss. Do vov hew or fncomo ta probtom? Writ 'iNtTirUtof Dear Mr. Smith: In 1968 I $0 "Advtco $o Taatorn," P. O. ftov E nt 0 Tycoon. Arlsono ,4 ' ) ' TA KmunAj" Salt DS 467 90ll O began msktag contributions lor Hmvi met w IMM .me to a Tax Sheltered Annuity hixo vou. Yuvridenfitv wlh neioetiiedoeed. r long-hau- l. ... - Vivrr-rrrirriniV- - "" Ask Marriott Heir vision. Remington was into Sperry. ment Center. Before that., he headed systems engineering for Defense Systems Navy programs. In the early Sixties, he was program manager and, later, line manager for the development of and shipboard tracking systems for NASAs orbital Gemini and lunar Apollo programs. lie was born in 1928 in Park Rapids, Minn., a small resort town in northern Minnesotas lakes district. He had lettered in football, basketball and track in high school, and as a senior, considered a coaching The Salt Lake plant, built by the parent Sperry Rand Corp. in the Fifties to make the Armys Sergeant missile, now produces computers and terminals for a variety of military and civilian applications. Though employment is down from the peak Sergeant years, it is still a major Utah employer wivh a work Wealthy? He switched to Remington Rand's Mr. Edam was named to the post in April after five years as director of Sperrys Roseville, Minn., Develop- C II Why Work So Hard Wlien 9, He once thought of being a coach. But the Navy changed that. Now more than 25 years later, Donald M. Edam is vice president of the Communications and Terminal Division of Sperry Univac Computer Systems in Salt take City. 12, 1975 C-- 4, Taxlorn: Many States Say Its a Crime If You Dont Deduct U.S. citizen over 65 and there, is he subject to U.S. By J acob Smith, CPA There are many federal retired wins $164,699 on a income tax if living in the and state laws on taxation foreign country sweepstakes, U.S. A.? If yes, what percenand all winnings are held tage? Lucky that both permit and encourtax avoidance. There are age many hundreds, and perhaps more, of millionaire taxpayers who pay little or no income tax. Who can blame them for taking advantage of the laws, even though the laws are not fair? If you had the choice of paying, in any one year, a half million dollars in taxes Chicago Daily News Service or legally paying no taxes at an article of faith that anyone can revive a Its nearly all, which would you choose? rundown battery by using jumper cables. If this new Congress has a Theres a safey wer, recommended by Chrysler Corp. true desire to achieve fairFirst, turn off lights, heater and other electric loads ness in levying taxes on in the stalled car. Remove the vent caps from both the income and thus establishing booster and the discharged batteries to check the level of equality for all taxpayers, the fluid inside and to minimise the danger of a pressure then why doesnt it ask for the buildup. oily expert advice worth If the fluid called electrolyte isnt visible or anything? to be frozen, dont even attempt starting. Its appears Knows Help likely the battery will explode or at least rupture. The people who advise the If the fluid level is sufficient, lay a cloth over the vent millionaires on how to avoid wells of each battery. Connect one end of a jumper cable taxes could make it easy for to the positive post of the booster battery and the other the Congreess to be fair about end to the positive post on the discharged battery. taxes. The tax adviser who Then connect one end of the other cable to the knows how to help his client, negative terminal of the booster and the other end to the knows as well or better than alternator mounting bracket or some other solid metal anyone else how to help his inside the engine compartment. country get a fair tax law. Star tte stalled car. Reverse the above sequence It is so easy to get it done exactly when removing the jumper cables. that it is a crime not go get it done. (Copyright) Dear Mr. Smith: Suppose a Revive Battery Safer Way A A U.S. citizen is taxable on all income, with certain exceptions, w hether he lives in the U.S. or not. Sweepstakes winnings are not an exception. The amount (or percentage) of tax will depend on the sweepstake rules, and his other income and deductions. If only a portion is payable in a given year, only that amount is taxable. Long Belongings Dear Mr. Smith: Lbst year we tost all ar fa mi tore and befoitghigs in an explosion and fire in ur aparteent. Bow da yea figure the loss? If the loss is ranch bigger than our entire years laceiwa less other deduction, can we nse the excess loss to get refunds for prior years? JJ1.K. Your deductible loss is computed this way: First, subtract the amount of insurance proceeds, if any, from the actual value of everything destroyed. Then subtract again the amount of proceeds from the original American farmers re- ceived record gross income last year and may earn more in 1975, but rising production costs are trimming their disposable net income. In 1974, farmers took in a record $95 billion from farm sales and government payments, topping by $5 billion the record set in 1973, according to a spokesman for the Economic Research Service, Department of Agriculture. But added receipts werent enough to outdistance the $10 billion rise iu production ex- penscs, which brought total expenses to $75 billion. Thus, net farm income was reduced $5 billion, or IS percent, from last year's " C r 'NKaraue 4, 'siTifcet 1 - I 1 t-- yl I V, - J .1 l-- i 11 -- J4V1 j; J n n y 1 j y rn I 1 f 1 . THE BUSINESS jy fen 712 n 6-YE- CERTIFICATES BSSKCFIIItL'CAY 2020 East 4300 So. Hoilada. 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Air Freight Is Carried On All Scheduled Flights. s art ll k( 5 a 5 VlKtlUaolUlk er. jw n i w U IS! T OOCE-THA- - m kit i Gi Sond this coupon TODAY for a FREE CATALOG including picture, aiklng price and detail of all butinwee currently available in the cewgory of your choice: Food 4: a AR - Reuil v Highest Ugel kite Thouwndt ot bueinew ownr retire every year and employ for ale. our Company to ADVERTISE their boiinewe no fee to peyl You buy DIRECT FROM THE OWNER s . A i - Oil SAVINGS bhii BSSIHlii! M . VI The gross income picture T eatnras23E3iB3E3SGaeEaE28tK3r? n i .1 $32 billion. f pre-197- f- j I""-- ' - DAILY INTEREST As the costs of farming increase, so do the risks of financing another years production. In planning their 1975 operations, farmers will be looking for stronger returns on their investments, not only because production costs are higher but also because nearly all federal assistance programs have been dropped. Farmers also are likely to face continued income erosion from inflation and was divided sharply between crop fanners and livestock producers last year. Though crop revenues soared $3 billion over 1973, livestock receipts declined by $2 billion. livestock producers are estimated to have sustained a larger drop in income than crop farmers because of strong feed costs and declining prices for their animals. Besides feed prices, costs of fuel and fertilizer have led the cost spiral, and indications are that the trend will continue in 1975, the ERS spokesman said. - CHECKING Costs Slash Farm Net in Record Gross Chicago Tribune Service out-fro- J $ 2 r C 53-37- -- 4 |
