page 14
daily nebraskan
thursday, november 13, 1980
Investor: conservatives will change fiscal trends
By Jim Garret
"It might be possible to see a balanced government
budget in four or five years under the new (Ronald)
Reagan administration, but not in the next two or three
years," said a chief investment strategist from E.F. Hut
ton Wednesday.
Greg Smith said the conservative movement to decrease
the rising tide of federal spending started about two years
ago, when many of the non-wealthy U.S. middle class
people began to realize capital gains from inflation and
other sources.
He said because they were not able to offset taxes on
capital gains, it became popular in Congress to talk about
relieving taxes on capital gains for this segment of the
population.
In 1979, the median family income was $19,600, but
it has increased to more than $20,000 in 1980, Smith
said. Now Congress is attempting to remove capital gains
tax for many people, he said.
Smith, who was scheduled to speak at a Lincoln semin
ar on "Investment for the 80's,'" was featured in the Nov.
3 issue of "Barron's" magazine.
New Restraint
Smith said that if President Jimmy Carter had been
re-elected the economy probably would not have diverged
from recent trends. But with Reagan heading to Washing
ton with a new Republican Senate and a possible Republi
can majority in the 1982 House elections, government will
go on a new binge of conservatism and restraint in spending.
Smith said the recent ruling by the Federal Trade Com
mission to not restrict foreign auto imports probably
will do the auto industry more good than harm. He said
when General Motors and the other auto makers realize
government will no longer mitigate their failures, the car
manufacturers will start to shape up and produce the fuel
efficient product available elsewhere.
Smith said that in the area of alternative energy sourc
es, dependence on coal will outweigh development of sol
ar or wind resources. He said coal will develop faster and
probably be operating at a high production level in live
years, whereas solar and wind energy will take up to 15
years to swing into the mainstream economic applicat
ion.
Prices up 25
Smith said the recent American drought lias developed
a short supply market, causing the farmer to learn to man
age the market to his advantage.
He said world food prices will increase about 25 per
cent in the future and use of more efficient forms of pro
ducing meat from grain will sustain rapid growth.
Smith said that the less developed countries have in
creased their requirements for world grain and will con
tribute significantly to demands on the grain reserves and
future production levels of grain-producing countries.
Smith said the farmer probably will not be caught
between rising operating costs and commodity prices,
because commodity prices will increase faster than over
head costs.
The big loser in the food cycle will be the packaged
food industry, Smith said. Because the American consum
er is exercising better purchasing practices, he said, de
mand for packaged foods will slow up considerably.
TheConnection-f Sheldon features handicapped art
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Can handicapped children learn concepts through art
that are usually transmitted through language?
Can the children use their drawings to express thoughts
and feelings they cannot put into words?
"Art as Language' an exhibition based on the work of
Rawley Silver and her book Developing Cognitive and
Creative Skills Through Art, explores these questions.
The exhibit, which runs through Nov. 16 at UNL's
Sheldon Art Gallery, is open to the public from 2 to
5 p.m. Sundays, 10 a.m. to 9 pjn. Tuesdays and 10 a.m.
to 5 pjn. Wednesday through Saturday.
The drawings and paintings in the exhibit were made
by students in experimental art classes. Some of the stu
dents have language impairments and others have learning
disabilities. All were impaired to a degree that prevented
them from using language freely in reading, writing, talk
ing or understanding what was said.
Silver, associate research professor at the Graduate
School of the College of New Rochclle, developed art pro
cedures deisgned to test whether these children can learn
through visual forms the concepts that are usually learned
verbally.
The procedures designed to test and teach these con
cepts were used in three studies. In the first, one teacher
worked with 34 language- and hearing-impaired children
on a series of drawing tests. For comparison, the same
tests were administered to children in a suburban public
school. Before the art program, the handicapped children
scored lower in the ability to represent concepts of class,
sequence and space. After the art program, however, the
handicapped children scored higher.
mUSIC STANDS o (TlETRONOfTlES o
In the second study, 1 1 graduate students worked with
11 children who had visuo-motor weaknesses. After 10
one-hour art periods, these learning disabled children, like
the language- and hearing-impaired children, showed signi
ficant gains.
In the third study, another group of graduate students
worked individually with children who had special educa
tional needs. These children also showed significant
improvement as a result of the art program.
Workshops scheduled
A nationally-known author of self-help books and a
professor of education will be in Lincoln Dec. 5,6 and
7, 1980 to conduct two workshops. Both are in the
"Coping in the '80s" series of workshops offered by
the UNL Division of Continuing Studies.
Dr. Jess Lair will conduct "I Don't Know Where I'm
Going But I Sure Ain't Lost" on Dec. 6 to 7. Dr. Liir
is the author of five books including A in 7 Much Baby
Hut I'm All I've Ciot which was acclaimed in Hook of Lists
II as one of the top 10 self-help books of all time.
The Dec. 5 workshop, "Morale and Motivation." will
be conducted by Dr. Herman Glaess. Glaess is a clinical
psychologist, author, lecturer and professor of education
at Concordia Teachers College, Seward, Neb.
The two workshops will be held at the Nebraska Center
for Continuing Lducation, 33rd and Moldrege Streets. The
Lair workshop will be from 9 a.m. to 5 p.m. Dec. 6 ami
from 9 a.m. to 12 noon Dec. 7. The Glaess workshop will
be from 8 to 10 p.m. Dec. 5.
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R. Collin AAangrum, J.D., B.C.L.
addresses the topic
"Liberalism and Mormonism"
Thursday IMov. 13, 1980
7:00 p.m. City Campus Union
sponsored by the
LDS Student Association
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