Portland Observer
Thgrsday. March 11. 1976
Page »
Junior Achievement gives business experience
A tr r s k lltl
a a a a n as » a m a i a i n w a l a a i a
A
group of I teenagers
is turning a waste
product into a useful item ■■ and learning
about free enterprise at the same time.
The teenagers are part of the Junior
Achievement program in Portland and
make up a company sponsored by Pacific
Power and Light Company, fh e JA
program, which is nationwide, gives high
school students an opportunity to be
involved in the actual workings of n
corporation . . . their own.
The J A company sponsored by Pacific
Power is typical of the 31 "mini corpora
tions" in the Vancouver-Portland pro
gram this year. Adult advisers such as
PP&L's Horace Sanders, Carl Talton,
Marcia Anderson and Rich Nickels put
their areas of expertise in marketing,
production, managment and accounting
to work with the teenagers.
The company is a corporation in every
sense of the word . . . only on a small
scale. Students learn the basics of the
free enterprise system through organiza
tion, capitalization, manufacturing and
sales. The program, which correlates to
the school year, starts with incorporation
procedures. The youqg Achievers then
sell stock in the company at $1 per share
to raise capital, a necessity in order to
purchase raw materials to manufacture a
chosen product.
This year’s P P & L advised group, SES,
(Systems Energy Savings) is manufac
luring and marketing a clock which ia
encased under the glass cover of an old
electric meter salvaged from the utility's
scrap pile. A diversified operation, SES
also is producing log rollers to make fire
place logs out of newspapers.
Once the product ia completed it is sold
. . . for a profit. The teenagers learn the
Jewel Lansing, Democratic candidal, for 8tate Treasurer, differs with her
opponent, County Commission» Mel Gordon over investment of state employee
retirem ent funds. Gordon had proposed investing the fund in Oregon companies even
if earnings would be lower. Lansing said the Treasurer is obligated to get the highest
possible return for in vestm ent, and that Gordon is “talking about playing dangerous
and illegal games with retirem ent funds belonging to other people." She blamed
Gordon for the 130 million deficit in the Multnomah County Employees Retirement
Systems, since he is a County Commissioner and has served on the retirement board
,
7 r* “ urer J,m Redden, candidate for Attorney General, said recent state and
federal legislation makes it possible for Oregon to “get cracking" on an efficient
program for collection of delinquent child support payments.
Redden said 66 percent of the nationwide welfare payments for children are caused
by support defaults. Much of this is the result of “can't pays", but "won't pays” are
also contributing to the problem. Many errant fathers fall so far behind in support
payments that they never catch up and the taxpayers make up the difference
A1 Densmore filed this week for the Democratic Party nomination for Secretary of
State. He promised, if elected, to investigate state agencies and programs es the
state s chief auditor to insure that U x dollars are spent wisely.
Don W illner, candidate for Attorney General, said the Attorney General can help
business to provide jobs through interpretations of the law that will cut through red
tape and allow needed programs to progress. "Business is entitled to quick answers
from the administrative and judicial branches of state government. W hether the
answer is go' or stop' to a new commercial or industrial development, simple fairness
requires that the businessman not be strangled in uncertainty." ( v -
Senator Blaine Whipple, Democratic contender for Secretary of State, advocates
performance auditing to aid legislators in evaluating programs and policies.
Performance auditing goes beyond determining whether the money was spent legally
and properly, determining whether the goals and objectives of the state s programs
have been met.
Junior Achievers dismantle discarded electric meters to
transform cases into clock covers. Horace Sanders, seated,
associate engineer in PP&L's engineering department, is
one of the volunteer advisors in the program dedicated to
teaching teenagers about the American business system and
how it works.
George Kontanis announced his candidacy for Mayor of Portlnd on the Socialist
Workers Party ticket. Kontanis accused M ayor Goldschmidt and contendor Francis
Ivancie of supporting police terror against the Black community by mounting «hot gu n .
in police cars. "Neither has come up with a solution for the effects of the projected 5.8
million dollar budget deficit that will cause the loss of 161 city jobs."
“W e think that police have no right to be in the Black community. Their racist
attitudes only increase tension and the possibility of more killings. - all police out of
Albina - let the Balck community elect a defense security force of its own."
responsibility to stockholders how invested money to keep
the empany in business and solvent. There are expenses
that have to be met as in any business . . . rent on the space
int he local J A building, tool rental, purchase of a standard
set of accounting books, wages and salaries.
The students are paid a small hourly wage and company
officers receive salaries. But. when it comes to sales . .
everyone's a salesman and commissions add to the
incentive.
A t the end of the school year, SES will be liquidated and,
if it has been a good year, stockholders will receive back
their initial investment plus a dividend.
Pacific Power employees werve on a volunteer basis for
the one evening s week during the school year. P P & L has
been a sponsoring company since the JA program began in
Portland in 1850.
Approximately 600 teenagers in the area have been
involved in the program this year. The group sponsored by
P P & L numbers twelve, with students from Benson, Grant,
Monroe and Wilson High Schools.
Junior Achievement is a learn by doing operation. It
doesn't have significant impact on the economy but the
"profit" the young entrepreneurs gain is sure to benefit
them, and business, when they enter the business world.
Grant High School Ebony Soul Strutter«.
AKA Observes
Founders Day
•
Members of the Zeta Sigma Omega Chapter of the
Alpha Kappa Alpha Sorority hosted their 67th Founders'
Day Observance on Saturday, February 28th, at the
Sheraton A irport Inn. Guests Alpha Kappa Alpha Chapt
era members attending the observance were Beta Theta
Chapter, Seattle, Washington; Delta Upailon Omega
Chapter, Seattle; and Zeta Omega Omega Chapter,
Tacoma.
The program for the day began with a luncheon with
entertainment being furnished by the “Soul Strutters" of
Grant High School, Mrs. Verna Shephard, Adviaor., and
the "Black Studnet Union Chorale" from James Monore
High School, Mrs. Barbara Ward, Advisor.
The hostess chapter presented each A .K . woman a pink
corsage at the beginning of the program and a pink and
green hostess apron at the close of the program. The
aprons were of the sorority colors and made by members
of the hostess chapter.
The program closed with A .K .A . D arrell Johnson
giving a rendition of “W hat Makes a Good A ^h a Kappa
Alpha Woman.”
immediately following the program waa a closed
rededication ceremony of Alpha Kappa Alpha women led
by one of th hostess members, Emma Chiles.
Entertainm ent for the evening was an invitational
dance with Pat W hite as Danee Committee Chairman.
The Founders' Day Committee was M artha Jordan,
Chairperson, Susie Patterson and Sarah Strayhand.
Members of the Zeta Sigma Omega Chapter are: M ary
Henderson, Baaileus; Geraldine Hammond, Patricia Dob
bins, Emma Chiles, Brenda Green, Maerice Smith, Sarah
S tn yh an d, Roberta Vann, Mamie Bowles, Deana Gard
ner, Natalie Harris, M arie Holmes, Darrell Johnson,
M artha B. Jordan, Bobbie Nunn, Dandra Smith. Ruth
Spencer, Florice W alker, Pat W hite and Gwendolyn
Williams.
try our hard pack.
Benson & Hedges lOO’s
Menthol
and
Regular
W arnin g: The Surgeon G eneral Has D eterm in ed
That Cigarette Smoking Is Dangerous to Your Health.
17 mg. "tar," 1.1 mg. nicotine, av. per cigarette, by FTC Method.