The Daily Journal from Fergus Falls, Minnesota on May 8, 1974 · Page 19
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The Daily Journal from Fergus Falls, Minnesota · Page 19

Fergus Falls, Minnesota
Issue Date:
Wednesday, May 8, 1974
Page 19
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Corporation democracy isn't easy to define By JOHN CUNNIFF AP Business Analyst NEW YORK (AP) - In this era of change for American business there is a. group that stands out in its absence, by its inability to contribute or at least because of its failure to do so. The thesis of corporate democracy is that the company is owned by its shareholders, and this remains true. But those owners appear to have very little say in molding their company, and sometimes little interest as well. Doesn't democracy infer participation for the public good? Changing society in the best interests of all? If so, can it be called corporate democracy if the owners don't participate in change? To illustrate, consider the annual meeting, which is now at its seasonal high. Hardly one exists in which most of the real business hasn't already been concluded before the event. Seldom if ever is anything changed. In a talk prepared for a meeting of the jconference Board in San Francisco today, Edmund Littlefield, chairman of Utah International Inc., discussed in passing the subject of who are the advocates of change. He named them: 1. "There are the injured — those whotavc been harmed fi- SUNDAY, MAY 12 SHOW MOTHER YOU REALLY CARE Bring Her to the Mother's Day Buffet MOTHER'S DINNER FREE When Accompanied by Family FEATURING COMPLETE BAKED SUGAR CURED HAM AND CHICKEN BUFFET, CARVED BY THE CHEF 11 a.m. to 3 p.m. S 3 50 - Adults S 2 CO - Children Under 12 HOLIDAY INN Interstate 94 and Minnesota 210 Fergus Falls, Minnesota nancially when a corporation failed or suffered great reverses of fortune. The injured can include creditors, employes, shareholders and in some cases even communities or government bodies. Theirs is a legitimate complaint. 1 ' 2. "Then there are the academicians, secure in the armor of academic (enure, who are quick to criticize shortcomings in the corporation and its management and who espouse cures for the corporation that they would in no way tolerate or advocate for the college campus or the governance of the university." •'Nevertheless," he concluded, "academic observations and suggestions will and must be taken seriously." . 3. Next, he said, is the professional corporate gadfly, "some of whom have had a positive impact, but most of whom would lose their livelihood and their measure of enjoyed notoriety if corporations did in fact adopt all of what these people advocate." 4. Then, said Littlefield, there Attorney approved WASHINGTON, D.C. (API- Robert Remner, U.S. District Attorney for Minnesota, was confirmed by the U.S. Senate Monday for another four-year term. Remner, 51, was first appointed in August 19G9. Although his new term runs four more years, U.S. district attorneys customarily resign if the presidential elections resulting in a switch of parties in the White House. Remner served seven terms in the Minnesota legislature, representing the Walker area. He is among those being considered for a vacant federal judgeship in .Minnesota. However, Rep. Anchor Nelsen, K- Minn., lias hinted strongly that this appointment will go to New Ulm Attorney Donald Alsop. The Senate also confirmed the appointment of Harry D. Berglund for a new term as U.S. Marshal for Minnesota. He also took office in 1969. LAU6HLIN-DELORE8 TAYLOR-WU^CURKHOWAT Scrwnpljf br FRWK ii« IEKSA CHRISTINA Pro«»eeJ b, IWft ROSE SOU I • D.-ecM tr T. C FRASK A Halonil Student Film Cwfwalnxi Proiuctw • TEChMCOlO!! 1 Ctltbrtllng Wirntr Broi.SOIti Annivtntry^A A Warner Communication* Company NOW SHOWING! Fergus Theatre - Fergus Falls, Minn. SHOW TIMES: WEEK NIGHTS at 7:OOP.M.and9:00 P.M. SUNDAY at 1:00- 3:00 -5:00-7:00 and9:00 P.M. PG are those activists "who see the corporation as a vehicle and an instrument to cause social changes which these activists deem desirable." From this source, he noted, stems much of the agitation for changes in the makeup of boards of directors... "and for the change in board functions to recognize special interest groups like consumers, minorities, females, employes and others." 5. Always present, he continued, "are those in government who advocate change or cause change in the corporate board room under existing legislation, new interpretations of old law, and proposals of new legislation But particularly absent from the list, Littlefield observed, "are the genuine shareholders — those who have a continuing and to them meaningful financial stake in the corporation." These shareholders, said Littlefield, "have no easy and effective way to join in making their views known to management and to the board of directors." Except for one activity — their buying and selling of the stock. But, Littlefield further observes, "This is a very expensive and remote way of correcting something that is not to the shareholder's liking." The fact appears to be that the shareholder, or owner, is among the least articulate and influential of all the advocates of corporate change. Fergus Fills;*!.) tonal tied. May8,1974 20 Firearms pieces said recovered To Your Good Health By Dr. George C. Thosteson WHAT ENZYMES TELL ABOUT THE HEART NO PASSES Dear Dr. Thosteson: My husband had a heart attack (myocardial infarct) nine months ago. The amount of damage was determined by the enzyme count in his blood. We would like to know more about the enzyme aspect. Also, we have been told that in many cases after a heart attack new blood vessels form to replace the blocked ones. Do we have our hopes up there? My husband is 59.-Mrs. D.C.T. When there is damage to a muscle, there is a release of certain enzymes from the damaged cells. The enzymes eventually find themselves in the blood stream and can be measured there. In the case of a myoeardial infarction, there are three enzymes commonly involved. They have tongue-twisting names but can be abbreviated as CPK, LDH and SCOT. The levels of these rise suddenly, then drop relatively soon after the injury — the CPK first, the LDH second and the SCOT last. These levels are important in examinations soon after the attack, because they help determine the extent of damage. Their presence is significant early in the repair process. But once the levels return to normal, which they will do, they are not significant-from the standpoint of long-range progress. 1 think you are putting too much emphasis on those tests at this stage of the game, nine months after the attack, and I don't think you should raise any hopes based just on the tests. There are other, more im- plortant indicators of progress — the cardiograms, the return of his physical strength and how he feels in general. Yes, new vessels tend to form in most cases, so you can assume that this is happening with him. Any distress he has after meals or exercise should be reported. He may be eating too much or too rapidly and he may be trying to do too much too soon. Many of these symptoms should subside with time, and nine months is probably too soon in his case to expect complete recovery. Dear Dr. Thosteson: I am about to go wild with my husband. He will not go to a doctor and he is in terrible shape. He has a hernia and it is as big as his head and he has a big head. Please print one more time how dangerous it is. I don't want him to die and I know it will eventually kill him. — W.O.J. Here goes. Dear W.O.J.'s husband: Your wife's dimensions sound a bit exaggerated, but if it is indeed a hernia it eventually is large and must be uncomfortable at times. It may not kill you (unless it strangulates and you can't be gotten to the hospital in time) but if it ever does strangulate you'll be begging for relief. And the deal then will cost you a whole lot more than- the few days in the hospital now. Dear Dr. Thosteson: I am 14 and my doctor said 1 have a SPACE AGE TALKING RICHARDS ISLAND, Canada lAP)—A space age communications system is helping men searching for oil in this remote section of Canda's northland keep in touch with civilization. Three oil companies are using a tansportable satellite communications earth station equipped with a 10-foot dish antenna at this exploration site above the Arctic Circle to send and receive voice, data and teletype communications via the Amk Satellites. Both Anik and the portable station were developed and built by Hughes Aircraft Co., El Segundo, Calif. tibial tuberosity. Is this serious? How can it be cured? The knee hurts occasionally while walking and always when squatting.—Y.C. Everybody has two tibial tuberosities. That means a bump in the upper portion of the shin bone. It is not a disease condition. Your knee discomfort could be due to some other factor but not to having a tuberosity. Emphysema can be controlled. To learn how to live with this serious lung disease, write to Dr. Thosteson in care of this newspaper, requesting a copy of the booklet, "How To Control Emphysema-," enclosing a long, self-addressed (use zip code), stamped envelope and 20c in coin to cover cost of printing and handling. Dr. Thosteson welcomes all reader mail, but regrets that, due to the tremendous volume received daily, he is unable to answer individual letters. Readers' questions are incorporated in his column whenever possible. SAN FRANCISCO (AP) The San Francisco Chronicle said today pieces of firearms were found in the Symbionese Liberation Army hideout discovered by authorities last week. The newspaper said the evidence indicates the apartment was used as an armory. The newspaper also said neighbors were reported to have heard drilling and other sounds coming from the apartment. The newspaper speculated that "work with weapons was in preparation for new and unexpected action." Authorities, asked about a report that a SLA bomb factory had been found, said they were unaware of such an operation. Meanwhile, unverified sightings of heiress Patricia Hearst, whom the SLA says it kidnaped, continued pouring into FBI offices here and in other cities as the ease moves into its fourth month. Sightings in North Carolina and Tennessee of a red car Containing SLA members and Miss Hearst have not been confirmed, FBI agent Jim Kelly said Monday. The half-ton of clothing, paper, bedding and trash taken by FBI agents Thursday from the last known refuge of the SLA has yielded no clues as to Miss Hearst's whereabouts, the FBI said. SLA members are thought to have hidden in the roach-infested dwelling after robbing a local bank of $10,690 April ~15. The apartment was vacated the last week of April. Painted messages taunting the police were found on the walls and the keys to getaway cars used in the .bank robbery also were found. The SLA is believed to consist of fewer than 25 heavily armed persons, mostly women. Several weeks after Miss Hearst was dragged screaming from her Berkeley apartment, she said in a taped message that she was voluntarily joining her captors. Failure of Miss Hearst to appear last Friday cancelled plans for a $4 million food giveaway program. In another development, Steven Weed, Patty Hearst's fiance, tried unsuccessfully to obtain a handgun permit and passport in Santa Rosa north of here, it was disclosed Monday. . Weed told newsmen that he was merely having his passport renewed. "I'm not going anywhere," he said. Sonoma County Undersheriff Robert Hayes said Weed and his mother, Mrs. Bernard Pepper, tried to get the gun permit at the sheriffs office Friday. He was sent to the Santa Rosa Police Department, which said they denied the permit because Chief Salvatore Rosano had ordered a ban on new permits until he takes command of the force June 1. Who? What? When? Where? Why? How? Since You Asked Who? What? When? Where? Why? How? .: : : : : : : : : : x*:*x : :*:*:*. A column answering questions .x-ivx-x-x-xv:-:-:-:- •:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:• submitted by Journal readers :-x-: : : : x : x : : : :*:*x : : : : QUESTION: When will there be a new Fergus Falls city directory? I don't believe there has been one since 1971. ANSWER: The Chamber of Commerce reports a new Polk directory is planned for publication toward fall this year and will succeed the one dated 1972. .-.•.-.•.-.•.•I Address your questions to: "Since You Asked...," .v.v.v.v. :%%:S Box 508, Fergus Falls, Minn. 5«537) :*:*:*:¥: GIFT PROBLEM FOR MOTHER'S DAY? Why not give a subscription to the DAILY JOURNAL It's like sending a gift every day of the year to your favorite person. Gift card will be sent. ^DalliiJournal 914 E. Chinning, Fergus Falls, MM. 54537,7W-75U.

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