Cedar Rapids Gazette, May 14, 1974, Page 3

Cedar Rapids Gazette

May 14, 1974

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Issue date: Tuesday, May 14, 1974

Pages available: 94

Previous edition: Monday, May 13, 1974

Next edition: Wednesday, May 15, 1974

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Publication name: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

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Cedar Rapids Gazette (Newspaper) - May 14, 1974, Cedar Rapids, Iowa 2 The Cedar Rapids Gazrttt: TUPS.. May 14, 1974 Today's Tough Society Is Stifling Childhood Days By Tom Tlede NEW YORK her book, "The Conspiracy Against Eda Leshane remembers watching a mother castigate her one-year-old child in a restaurant. "If you .don't stop acting like a the mother growled, "I'm never going to take you anyplace again." Author ieshane (hen won- dered: if you can't be a baby at one-year-old, when the heck can you be? Apparently never. Being a tad ain't what it used to be. In today's tough, demanding (Third in a Series) society, Huck Finn is a delinquent, Tom Sawyer is an underachiever, Heidi is in foster care and Alice of Won- derland is fantasizing dangerously and may have maturity problems. False Image The 1970 White House Conference on Children report- ed that America's image of it- self as a child oriented society is false. "A hard look at our institutions and way of life reveals that our national priorities lie elsewhere: the pursuit of affluence, the worship of material things, the hard sell and the soft." Nowhere is this more evident than in the home, where the child is expected from infancy to pursue the same objectives as the parents: in behavior, in material things, in the hard sell and soft. Parents prod children to grow up. To "do something." Yale child specialist Dr. Ed- ward Zigler says children learn a great deal when they are do- ing nothing more than "chew- ing on a blade of but such is often forbidden as parents rush their offspring to excellence before kindergar- ten. Books are published which teach kids to read at 10 months of age, machines are available to test I.Q. of toddlers; author Leshane writes of parents who complain, "What a day, I've spent hours planning Johnny's future." Damaging Results The result is usually nothing more than kids who are eight sighing: "Thank God it's Friday." But increasingly, the result may be more damaging Psychoanalyst James Thicks- tun bluntly says that "In some respects, everyone has a wretched childhood." Other observers of family life believe the modern home focus on educational and social achievement is a principle cause of youth alienation. "Why do children aski psychologist John Holt. "They fail because they are afraid above all else, of failing." The failures have in recent years become a litter on the American landscape. Three million youngsters commit serious crimes annually, millions more do it undetected! At least and more likely 1 million kids the majority under 15 run away from home and wind up begr ging, bumming or getting inly trouble on university campuses and city streets. Countless others bumble in school, do combat with conr fused parents or simply grow up sad and frustrated wonder- ing: "Is this all there The statistics have led a concerned cadre of child ad- vocates to call for reform in the home, or else. The 1970 White House Conference maintained that the beliefs of parents cannot infringe on the rights of children. It did not suggest Advertisement The Best Carpet Buys Are At Carpttland U.S.A. what the child should do if such infringement is evident, but San Francisco psychologist Richard Farson does: Move out. Farson. an advocate of complete children's liberation, says that "although a child cannot choose his parents in the genetic sense, he should be able to choose them in an en- vironmental sense." He suggests multifamily communes, child exchange programs and children's residences. He believes unhappy kids should choose their own upbringing. The idea is not so preposterous. Multifamily communes are relatively com- mon in America, Israel has kibbutz communities where children are raised by many parents, children's residences have been a fact of life for the neglected and unfortunate for centuries. Parson's new thought is "children's choice" which, critics gulp, if it came to pass "we'd have every kid in the nation trying somewhere else." To be sure, the critics are hard on Parson's suggestion. "Would it not be quicker just to drop a nuclear bomb on every home in the asks a New York Juvenile judge. "You couldn't destroy the family anymore comple- tely." Despite agreement that the family is indeed in trouble, even in decadence, most child specialists believe strengthen- ing it is the answer. "No Solution" "We've already weakened family life too says Uric Bronfcnbrenner, of Cor- nell University. "The cocktail hour has replaced the children's hour in our homes. But letting kids run about free as they want, from door to door as it were, dial's no solution." Bronfenbrenner's solution is as institutional as Furson's is radical. He believes the isola- tion of today's nuclear family, as compared with the socially adaptive extended family of yore, is at the root of the problem. Without parents and grand- parents about, mottlers are lonely and unsupported, and" fathers are under too much personal pressure; therefore "children today are relying much more on their peers than their parents." One solution, an ancient one: Parents must redouble their efforts to create family com- patability. "Parents who can- not be at home when children says Bronfenbrenner sternly, "are not, fit to be parents." The way out of the mess has confounded intellectuals, not to say parents, for decades. But perhaps Richard Farson does hint at the key. After futile ef- forts with marriage coun- selors, guidance counselors, social workers and police investigators, perhaps trou- bled families would do well to bring the child into the equa- tion for the first time. Not as a free agent neces- sarily, but as one whose future also is at stake. (Wednesday: The School as Prison) The Investor's Guide By Saul Sholsky Q I received a letter in March saying that warrants I held would expire April 9, which happened. Why would a company let its warrants ex- pire with such a large loss to its stockholders? 1 paid for 500 warrants. A I don't see how you can complain when a company does what it says it is going to do. Those warrants were marked for expiration April 9 from their very beginning and when April 9 came the warrants faded out of the pic- ture on schedule. 1 don't know the history of the warrant, why it was issued, or when, but it is customary for warrants to have an expiration date. There are only a few Alleghany Corp. and Atlas Corp. come readily to mind which are perpetual. I don't know when you bought these warrants, but I find the all-time high was The warrant gave you the right until April 9, 1974 to turn it in, plus in cash, for one share of common. All last year, the common had a range of high and 2% low and the warrant was down to a range o! 1% high and low. With the common recently selling around the level it should have been pretty obvious thai the privilege of adding cash to your warrant to get a stock was not exactly a rare privilege. Seems to me you 1) didn't understand exactly what you were putting your into and 2) didn't keep your eye'on the ball. And finally, the expiration of the warrant was not a loss to stockholders but, rather, a plus. It meant that a potential claim to acquire the stock at less than some future bull market price (it was once as high as had been eliminated. A warrant is the means by which a speculator buys a claim on a stock in the hopes it will work out to his profit. It is not a stock and the warrant holder is not a stockholder. Seems to me you could ]ave told that widow to put her money into some preferred stock I own which yields 11 percent. A Sore I could have. And :hen worried whether Standard and Poor's really meant it when it gave the issue a rating HUP 74th ANNIVERSARY LAST 4 DAYS-WED., THURS., FRI., SAT. 20% OFF RETAIL On Famous Klinger Brand Paints Good Time to Buy Your House Paint 10% LEAST IU 70 OFF RETAIL EVERYTHING In Our 4 Days ENLARGED GRUMBACHER ART DEPARTMENT 70% OFF ALL ARTS AND CRAFTS SUPPLIES WALLPAPER AND WALLCOVERINGS LESS 10% DURING THIS SALE ONLY-and 10% OFF Special Orders! Over 150 Wallpaper Books from which to choose! 10% OFF ALL CUSTOM PICTURE FRAMING choice of FREE regular or non glare glass or mat. ALL UNFINISHED FURNITURE-10% OFF RETAIL FREE in the Cedar Rapids Area. OLYMPIC STAIN HEADQUARTERS-ALL 66 COLORS SPECIALLY FORMULATED SWIMMING POOL PAINTS ____FREE PAINT GIVEN AWAY DAILY PAINT WALLPAPER Complete Decorating Center Since 1900 333 5th Avenue SE Store-side Parking and Delivery In Cedar OPEN DAILY 7i30 AM to 5 PM SATURDAY 7i30 AM to P.M. of "B" (speculative) which is six grades down from the tup and only one step up from the "C" bottom rating. Don't you think I've seen enough losses already without putting elderly widows into "B" grade stocks? Q I agree with your suggestions to buy U. S. treasury bonds at par since they fluctuate in price but still never offer much chance of selling at a profit. Why not an FSLIC-lnsured 4-year, per- cent certificate? A I'm Bit going to argue one way or another as between treasury bonds and federal agency-Insured savings ac- counts. All I want to point out is that neither a deposit nor most any top quality bond selling at par offers too much chance of a profit unless of course, interest rates fall sharply, in which case bonds would rise. But even then a bond due to be paid off at par in four years could hardly show a big profit. Q We're retired and Sam Shulsky depend upon AT and T stock for a large part of our income. We notice, however, that the stock didn't appear on a single big college portfolio you print- ed recently. A After what's happened to their favorites in the last year, I bet those colleges wish it did. Seriously, these port- folios arc aimed at growth, while what you want is solid, safe Income. Q I'understand the daily high and low prices on bonds, but what are the "bid" and A Any "bid" in bonds or stocks, listed or over the counter always represents the highest price a potential buyer is willing to pay as of the moment the bid was recorded; an "ask" quote always represents the lowest price a potential seller will take for his security. To Order Your Goiello Wont Ad DIAL 398-8234 8 A.M. lo S P.M. Monday !hru Friday. 'Til Noon Sot. I 2 Bad Plays for Baseball Bandit VAN NUYS, Calif. (DPI) If Raymond llueye really is "the baseball Iwnilll." he struck out twice. The nickname was given to a rubber wliu held up five batiks in recent months, always wearing a trademark baseball cap. The bandit in distinctive headgear first struck out try- ing to hold up a branch of the United California bank with a pistol. A woman screamed, lieads turned, and the bandit ran. Then police and FBI agents arrested lloeye, a dental tech- nician from North Hollywood, saying they already had him under investigation as the "baseball New Mart Members Have High Food Hikes BRUSSELS (AP) Two of the Common Market's newest members, Denmark and Bri- tain, suffered the increases in food prices last year, the organization's execu- tive etmimtssiwn sal'l Thurs- day. The cost of food and drink rose 12.9 percent in Denmark and 10.8 percent in Britain In the first nine months of the year. The commission insisted, however, that the rise was not due to either country's mem- bership of the Common Market. Both joined along with the Irish Republic at the start of 1973. West Germany had the lowest increase, 2.8 percent. It's time for you to get growing... Bedding plants hanging baskets beautiful plants and everlasting arrangements Come you'll enjoy a visit to our convenient new location! We're open 9 am to 8 pm doily and Sunday. WGarden CeriteF Dorothy Newport 350 3rd Ave. SW, to Trinity Methodist Peoples Bank Special Save up to H8 on BankAmerica Travelers Cheques through June 14 From May 13 through June 14, 1974 you can buy up to in Bank- America Travelers Cheques at Peo- ples Bank for a maximum fee of A saving of up to This Vacation Special lasts only a few weeks, so even if your vacation isn't until later, hurry in and take ad- vantage of our money-saving offer now. Another Closer to You Banking Service eoples bank AND TRUST COMPANY Four Convenient Closer To You Locations Peoples Downtown, Peoples East al Town Country Peoples West at May's City, Peoples in Nowhall Member FDIC FRS ;