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Show Faria 1s, DnJ:r AMERICANA Dvijjrti-'vn- University of Ut;ih Fait LUkeCity, Ut'h i UI12 SALT LAKE CITY, UTAH VOLUME 16, NUMBER 216 Dr. Odiome Speaks Utah Supreme Court Splits Decision PRODUCTION AND INVENTORY SEMINAR AT PRUDENTIAL PLAZA "What's Next?" is the theme of the 1972 annual seminar sponsored by the American Production and According to Chairman Jack Huish, the keynote speaker of the day-lon- g program will be Dr. George S. Odiome, Dean of the University of Utah College of Business. He will present a paper entitled, 'Management by Objec- Inventory Control Society scheduled for Saturday, November 11th. tives." Noise Statute Hits Parachute Sports Company TRENTON A New (UPI) court has upheld Jersey appeals Lakewoods noise control ordinance in a ruling against sport parachutists and their loud air- planes. The Appellate Division of the Superior Court ruled, October 27, that the ordinance was a valid means of controlling noise created by the aircraft of Parachutes, Inc., which operates a sport parachuting center and flying school at Lakewood Airport. Parachutes, Inc., had sought to invalidate the noise control or- (finance or to win an injunction against its enforcement The company claimed the or- - Other speakers will include Fred S. Ball, Executive Vice President of the Salt Lake Area Chamber of Commerce; John J. Leete, Director of the Utah Division of Industrial Promotion; Adrian H. Pembroke, President of the A. H. Pembroke Company; and Dewaine L Osman, Vice President and General Manager of the Communications and Terminals Division of Univac, Salt Lake City. The luncheon speaker will be former Middleweight Boxing Champion Gene L. Fullmer. Registration will begin at 8:00 a.m. at the Prudential Plaza, 107 East 3300 South in Salt Lake City. .. 0, mcu OLUUCIILo imSnnLUt0fthe8P0rt JSSS Inc to 01 today8 freshmen 8tudents in plan primary medical care in V rovemment not a municipality can urban areaM and Sdl' municipality Jfamatlc recr,al reguiate. no. from aircraft may .. SAN FRANCISCO (ACCN) fedSl medlcal Jy hat , ority announced by the ,rom u,eir Zey 2S, 000-memb- er California Medical Association, November 2. According to the report, The proportions of respondents planning careers in a primary care specialty including general or family practice, internal medicine, or pediatrics ministration (LEAA) is sponsoring a long-rangnational study to determine the most effective types of juvenile corrections end rehabilitation programs. The purpose of this project is to find out what works and what doesnt in juvenile corrections, Leonard said. Before we can do we need to gather sound, . that, comparative information on all the major types of programs now in e, ' obstetrics-gynecolog- y increased dramatically in the past three years, particularly among the younger groups. In 1969, a little less than half of freshmen expressed interest in practicing as primary care physicians; in 1972, indicted that jnearly to become ghey plan primary hysicisns. "The primary care area that accounted for this increase in was general or family 'practice. In 1969, this area was the choice of less than 10 percent of, freshmen; in 1972, over a third chose general or family practice... three-quarte- rs in-rter- "Freshmen medical students operation. icated a high level of interest in The project began in the spring of cticing in urban ghettos or rural 1971, and LEAA last year awarded munities. Almost a quarter of two grants totaling $345,000 for it men said that they are con Based on the initial work done in the 1 project, LEAA decided to expand over halfmdKatedthey iterfhr. and a (500,000 grant waa 'awarded earlier this year to support to aMndtolngattting up practice Seni? the study through June of 1973. W? A interested aas, 111 pgr-rr- xft: country and an analysis of relevant legislation in all 50 states have been tarried out during the past year. An intensive, study is two-ye- ar beginning in 16 states: California, Florida, Maryland, Massachusetts, New Hampshire, now North nessee, tana Sn Oklahoma Ten- Mon ya'ndNWuSi.0 JSS?1 area! rf? ? assof ? J? ,w 94 8 Although figures according to ace are not yet available for the iittaaniifnc i tahtaly that minority states wffl into sometime in 1974. continue Plans call for the most intensive inoneo,thMe studies to take place in 42 counties areas. jnoenervea within the states. Reid studies in the 10 FRIDAY, NOVEMBER 10, 1972 Insurance Carrier Denied Motion To Join Uninsured Motorist Action Both the plaintiff (Transnationals insured) and defendants resisted the motion. The majority opinion cites the recent case of Christensen v. Peterson as controlling here. The only difference between the two cases is that there the plaintiff attempted to join its carrier as defendant while in the Transnational situation the carrier attempted to join itself. Dissenting Justice A. H. Ellett in dissenting says, "I think an insurer in an uninsured motorist action must be permitted to participate in every action wherein it may be called upon to pay out money. It should have the same right to be heard when its insured is suing as when a third party is suing its insured." Concurring in the dissenting opinion, Justice J. Alan Crockett observes, Under our law it has developed there is a paradox in that we allow the 'real party in interest to be joined in any action." Crockett adds, the paradox is that because of the possibility that inpecting insurance into the case may distort justice, particularly in that jurors may be more likely to nile against insurance companies, it has long been firmly established in our decisional law that this may r "t be done. Justice F. Henri Henroid wrote the majority opinion affirming a lower court decision to deny a motion by Transcontinental Insurance Company to intervene as a defendant allegedly to protect its rights in an uninsured motorist action. Economic Periscope ByLeeRiwttch Miami Review FAVORABLE ECONOMIC news is generally strong and should generate more optimism in business End financial circles. However, is considerable worry and concern, as evidenced by the nervous stock market. Vietnam is one major concern with billions of dollars being wasted. Another, concern is the huge Federal Budget deficit for 73 of approximately $30 illion. Higher taxes are anticipated, ay late 73 and interest rates are expected to go higher. Wage-Pric- e (controls seem to be waking to contain inflation, but more corporations are beginning to feel the limits of Price Commission profit margins. Then, too, consumers are flexing their muscles A growing insistance that the interests of consumers be considered. Shoddy merchandise is causing the buyers gross irritation. Business Told To Be Positive On Consumerism result in a new militance among consumers bound together by class-actio- n suits. The gap between producer and buyer appears to widen. Businessmen have been slow to recognize the need to offer the consumer greater reliability of performance and protection of. consumer interests. IN CON- Our daily poisons from chemicals applied on the farms, in. the orchard, on our lawns. Water pollution and increased depletion of drinking water. Diminishing land space and over population. The invasion of our national parks, which is becoming worse each year. AS CONSUMPTION of wine soars, New York, and New Hampshire have enjoyed a wine boom in recent years. Now a lot of interest has developed in wine-grap-e growing in Maryland. THERE ARE SERIOUS defects in the way Defense programs are managed. The military has not California, assigned well-traine- d, competent officers to manage important' are programs. Cost over-run- s painfully visible as the result of waste and inefficiency. Professional management training and experience is required if we are to produce superior weapons to assure victory for the U.S. Waste, scandal, shoddy products and unconscionable profit have been the U.S. style for years. THE PRICE COMMISSION will be put to the test soon as more legislative committees Variable interest sv stirs row Mi'WOODARD Newsservice A tug-of-w- ar c' up rega ll variable inter&f'rate posal for On one proposal, and loan ji battlers Raping pro- home loans. side, pressing for the are certain savings executives and government finance officials. On frame the Presidents Commission realistic and workable rules. The article emphasizes the opportunities created by realistic management reaction to con- sumerism, and it suggests means for making consumer-oriente- com- d pany programs more efficient and effective. But also stressed are the corporations reach their margin of profit limit. Will relatively slow image-buildin- g the Commission force price process and the long-ternature of rollbacks? foe profits. per-missab- OPEN HOUSE the other side are consumers (borrowers, like you and me). The variable interest rate plan, which has been heatedly discussed by industry leaders for a couple of years, would BOSTON (ACCN) give savings and loan associCompanies ations the capability of adjustthat have responded to consumerism with positive programs ing interest rates up or down to keep in line with current have reaped dividends in terms of rising consumer confidence, ac--. money market conditions. The to rate would be tied to a nationaltwo business cording ly used and recognized finanmanagement experts. Those comapnies which have cial index or interest rate. The interest rate flexibility adopted a posture of resistance, would with benefit both borrowers coupled purely defensive and programs have fared poorly in the lenders, according to Preseyes of the consumer, say David ton Martin, chairman of the Aaker and George Day, writing in Federal Home Loan Bank the current (Novemberbecember) Board, who is pushing hard for issue of the Harvard Business the plan. His proposal would set Review. a 3(klay minimum notice beAaker is associate professor of fore any interest rate change business at the University of could be made, and .allow the California, Berkeley, and Day holds the same title at Stanfords graduate off the mortgage without a preschool of business. payment penalty if he didnt All signs point to a corporate fact like the rate adjustment of life that consumerism pressures Also the savings and loans will intensify, say the two must always give borrowers a choice between variable rate professors. As consumerism pressures rise, and conventional mortgage they believe, so will forces to in- loans with fixed rates and paycrease government regulation with ments. all its problems of inflexibility, high The variable interest rate costs and new inequities created by plan is well established in Euuneven administration. But the rope, but has only been used in a few isolated cases in this severity of the pressure-cause- d will problems depend, they say, country. It was fir$t suggested upon the responses by individual on a national scale in a 1969 companies and their trade study of the savings and loan assodations, and their willingness to industry (the Friend report) help the involved agencies and and recently by the Report of A Consumer BILL OF RIGHTS will DANGER SPOTS SERVATION include: Joel M. Allred was counsel for the plaintiff, Flora Kesler. Defendant Sherman B. Tate and others were represented by attorney Greg R. Hawkins. Counsel for Transnational Insurance Company was D. Gary Christian. le m I on Financial Structure and Regulation (the Hunt Commission). Even with the current push, many industry leaders feel the plan will never really take off. The consumers and brokers dont like it, they say. They feel the ultimate advantage will be weighted to- ward the lender. They just wont go along with a loan that |