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Show Editorial . . . What is Junior Achievement?... It is a nation-wide, non-profit, educational program in which youngsters, 15 to 19, organize and manage their own small scale business enterprises with the guidance guid-ance and counsel of adult advisers drawn from local business and industry. in-dustry. Local business interested in the program are Kennecott, United Air Lines, U. S. Fidelity and Guarantee, Guar-antee, U. S. Steel, Johns-Mansville and others. They have turned such leaders into the unique organization organiza-tion as Eric C. Aaberg, vice-president and manager of the Telephone company, J. P. O'Keefe, comptroller comptrol-ler of Kennecott, Alvin L. Krieg, public relations director of U. S. Steel. Earl J. Glade is also on the executive committee. These, with others too numerous to mention, are all successful business leaders, from the executive committee and board of directors, and devote a portion of their valuable time to the guidance of ambitious youthful teenagers. Bryon A. Ray, a Sugar House resident is the executive director. The first vice-president of the American Federation of Labor says of the program (It) . . . "is excellently designed to develop latent faculties of our young people, provide them with practical business experience and aid them when sufficiently experienced to enter business for themselves." And, it would be wonderful to see some of the local labor movements and leaders coming to the fore in this area. Each Junior Achievement company com-pany is organized in the fall as a corporate structure with about 15 to 20 youngsters having a board of directors, working force and sales staff. They elect their own officers, select their product, capitalize their business, set up their production lines, plan distribution, dis-tribution, advertise, promote and sell, pay themselves wages, decide on commissions, keep books and records, pay rent, meet depreciation, deprecia-tion, pay taxes, (and dividends if their business is profitable) and liquidate their companies at the end of the program year and issue stockholder reports. Is it any wonder that Reader's Digest in a quote calls Junior Achievement "... one of the most significant developments in practical prac-tical education today." We want to go on record with the leaders of business, labor, education, edu-cation, and Parents-Teachers associations as-sociations as endorsing this effective effec-tive method of developing an understanding un-derstanding of the fundamental philosophy of competitive enterprise enter-prise among young people. It is education at its best. Teen-agers do not have the feeling of being taught they learn for themselves them-selves out of their personal experience. ex-perience. Here is an investment in American Ameri-can Free Enterprise that pays!! |