20 - MAN( HKSTKH HKFtAl.t). M(in(l;iy. Oi l 15. I9H4 BUSINESS (•< Zoners turn down Tag Sale Queen Play Bingo! Is a balanced budget really an answer? Purdy zone change shares secrets Win cash! Business ... page 3 ... page 11 I ... page 2 In Brief Pressure is building for a constitutional convention national economy and a family budget — chiefly the to consider an amendment to-require balancing the circulating nature of the modern exchange economy. federal budget. Of the ,34 states required, 32 have filed Your Your spending is my income and vice versa. If you cut rcquests.for such a convention. The danger is calling a your spending, you save right now, but my income m Mediplex offers stock convention that could "run away" like the 1789 Money's falls and so I can't buy from you and hence your convention income may fall, too. NEWTON. Mu.ss. — Thi‘ Mediplex Group Inc. Proponents argue that a convention could be limited Worth Zero deficits also .-oght mean zero money growth. has announced it will make a public offering of to a specific topic, and they want legislation pas.sed That's good medicine ’gainst inflation, but it could Sylvia Porter cause depression. The problem is one of balance and Manchester, Conn. 725.000 shares of common stock at $20.75 per now to make sure this will be so. That's like ordering a Cold tonight; share. genie to remain in a bottle and ignores the lessons of of the right mixture of policies to keep the economy Tuesday, Oct. 16. 1984 Of the total. 500,000 shares are iH’ing offered by the 1789 convention. moving forward. Like a bicycle, an economy wobbles sunny Wednesday the company. The balance are offered by selling when it slows down, and that's the big threat. ’ But let's assume the subJect was confined to — see page 2 Single copy; 254 shareholders. framing an amendment to mandate a balanced abortions — or on the other hand for any activity Hence, it may be just too easy an out to say. "N o The company will use the proceeds of the budget. That would obviously Open up any matters seeking to limit a mother's right to choose an abortion. deficits at all, period." Furthermore, nobody has offering principally to reduce debt, to finance a relatingKo spending, since controlling spending could Either way, how do you keep the issue out? suggested how that goal could be reached if the revolving credit airrangemenl with another balance the budget. It would also obviously embrace • Another clarifying amendment could ban the use - Constitution did suddenly mandate it. Who would pay health care company, to build facilities and to anything having to do with taxes, since that, too, of any funds to limit the right of people to bear arms, more taxes and how much? Would weeut defense — or acquire others facilities. relates to the goal of balance. defined as the right to carry guns free of interference. Social Security? It could be irresponsible to mandate As you can readily .see, the topics of taxing and Every special-interest group in the country would something we aren't even sure how to do if it were Cullinet signs agreement spending very quickly expand to pover everything understand that a constitutional convention is a mandated. imaginable. Indeed,, for years Congress has used the once-in-more-than-a-century chance to try to get its Perhaps common sense is the answer, if any can be ‘May be suspicious’ WESTWOOD, Mass. — Cullinet Software Inc. power of the purse to control policy as well as the flow viewpoint written into our national charter, now a found, rather than a eonstitutional amendment or — has announced the signing of a development of dollars. document of grand simplicity. far more risky — a second constitutional convention. agreement with Digital Equipment Corp. to Under the guise of controlling spending, for Nor is the question of a balanced budget quite as We must have flexibility and not forfeit it under any integrate Cullinet's ihformation databa.se with in.stance: simple as it is assumed to be. Everyone agrees that pressures. We must make it unmistakably clear that Digital's VAX family of computer .systems. • An amendment could ban use of any funds for any the present multibillion-dollar deficit is too big. But we are not writing 1984-85's detailed views into our Both companies will enance their infomration public buiiding uniess prayer was allowed in that should we have zero deficits? In theory, the answer Constitution in an attempt to bind the future. center and distributiKl database products in building. Getting back to common sense, the answer well 8th drowns tough might seem simple: If a family can't have outgo settings where DEC and IBM .systems both exist. • Another amendment could ban use of any funds exceeding income, how can a country? may be the time-honored cliche: If it works, let it for any activity that directly or indirectly permitted Actually, there are quite big differences between a alone. A fire that raged out of control for three quarters of an hour destroyed the Maine Interleaf gets new funds Coast Seafood buHding at 55 Oakland St. CAMBRIDGE, Mass. — Interleaf Inc. has Professor thinks so this morning, Police investigating the blaze announced it has received $5.1 million in equity said its origin ’’may be suspicious.” financing from venture capital firms lead by Two Eighth District Fire Department Eastman Kodak Co. firefighters had a close call when trying to The investment brings Interleaf's capitaliza­ break a hole through the roof of the burning tion to nearly $1) million, the company said. Could arms emphasis structure, but they were saved by safety Interleaf, founded in 1981. makes integrated lines connected to the bucket of the electronic .systems for in-housepublishing. " i f c ■ departments aerial tower, authorities said. The new funds will l>e used to expand The one-story building, which had been marketing, including the opening of 12 new wreck U.S. industry? vacant for four to five weeks, was burning regionial offices, and to launch a new product that freely when the first E i^ th District expands Interleaf's line. Bv Gall Collins were we able to maintain the dominant United Press International m arket?" he asked. volunteers were summoned by the 8:36 a.m. The answer, Melman said promptly, alarm. Fire Chief John Christensen said. Hi(b firm makes sale NEW YORK - In the good old days, was "proper mechanization of work, ’’Flames were shooting 30 to 50 feet above Seymour Melman recalls, it seemed so good organization of work," the roof,” he said. FRAMINGHAM, Mass. — Charles River Data obvious,thiiLproduction was the source When Melman wrote his first book Three fire engines and the aerial tower Systems will sell $5 million in computer .systems of wealth that no one bothered to talk "Dynamic Factors in Industrial Pro­ raced to the scene after firefighters in the and software to China over the next 18 months, the about it. ductivity," in 1956, he included a chart department’s rescue truck reported a company has announced. "It was taken as a given every­ that showed while hourly wages for ’’working structure fire,” Christensen said. The company also received a specific contract where," said Melman, a Columbia U.S. machine tool workers rose 95 The main body of fire was concentrated in to ship the first $1 million of hardware and University professor of industrial percent between 1939 and 1947, prices the attic in the center of the building, he software. engineering who writes extensively rose only 39 percent. said. The first .systems for China will be used for about economics. ' , Since machine tools are the means of Firefighters had tremendous difficulty training and programming demonstrations. In his latest book. "Profits without production in every other industry, gaining access to the structure. Christensen Later systems will be used in a variety of business Production," Melman theorized that their attractive prices encouraged said there was no way to get in the attic to and engineering applications, the company said. American industry is losing ground to other businesses to modernize their attack the flames from.within. Firefighters its competitors because managers technology. Melman said. "Productiv­ trying to get in through the main entrance Production workers gain have lost the knack for productivity. ity Just derived from effects of had to break through an iron safety grating They prefer, he said, financial mechanization and organization of and barred doors secured by deadbolts. M ONTPELIER. Vt. — Manufacturing produc­ manipulation like leveraged buyouts, work." Assistant Ch|ef Paul Gworek said. tion workers in Vermont are being paid a little or Defense Department contracts that But between 1971 and 1978, wages for No one was in the building at the time of better than their counterparts in other northern ' allow them to .make profits without machine tool workers in the United the fire, Christensen said. Attempts to New England states, according to the New' much concern for the bottom line. States rose 72 percent, while prices reach the owners, Ellen and James Strano, England Council. were not successful. Insurance agent Worrying about productivity is a Jumped 85 percent. In Japan, on the The council said in a newsletter Vermont- Theodore Cummings, who insures the fashionable occupation for economists other hand, wages rose 177 percent and workers averaged $7.66 an hour last year, prices only 51 percent. property, said the business has been closed these days. But Melman parts com­ compared to $7.61 in Maine and $7.38 in New — for four to five weeks.