European Stars And Stripes (Newspaper) - January 11, 1988, Darmstadt, Hesse Page 4 the stars and stripes monday january 11,1988 . Principal inner City hero Kabul Ltd principal Joe Clark rets hug from graduate Aleshin cats. Washington a president Reagan s Domestic policy adviser said sunday thai a controversial new Jersey principal is an inner City hero who deserves a while House Job and the support of the administration. Gary Bauer the head of Reagan s of fice of policy development said he called Joe Clark the principal Al Eastside High school in Paterson nj., on Friday and offered Gark a Job on his staff if Clark loses his school Post Clark 50, who roams the hails with a bullhorn and a baseball Bat has Bee threatened with charge of insubordination for expelling 60 students without notifying the school Board. Clark has called the students chronically railing leeches and says some Are As old at 2 land till have not , who worked for education Secretary William Bennett before com ing to he White House said he s known Clark for nearly three years and called him to cheer him up. Bennett toured Clark s inner City school in june 1986 and extolled hut Ough methods. He seemed Down Bauer said of Clark. I do Sec the Guy As a sort of inner City hero thai we re going to need More of in the Bauer said he told Clark that if the worst happened he could be on my staff and advise me on education Issue that seemed to gel his spirits up the White House official said he realized thai a decision was up to the local school Board but he also faulted Ibe Hoard for criticizing Clark. They ought to be replicating what he s trying to do Bauer said adding that he hoped that his comments Ai Well As the support narc cd by Ben Nett could convince the school Board to change its controversial principal also appeared in court last week to answer charges that he locked the fire doors in violation of a court hearing was adjourned without a ruling. School program focuses on Feen problems Trenton . Not a wide Range of social serv ices will soon be available in 29 new Jersey school districts in what state officials say ii the first program in Llic country intended to Deal comprehensively with crippling problems faced by teen agers. The s6 i hum program will offer counselling health services and employment referrals to address drug and alcohol abuse problems High suicide Rales mental ill Ness and emotional problems and teen age pregnancy that nuke learning difficult and contribute to decisions by 20,000 students each year 10 drop of of school. We want to make sure our teen agers Are graduating from High school Able to find a Job and enter the world without being hooked on drugs or alcohol Cov. Thomas h. Can said during a meeting in his office Ai which the 29 locations for the program were announced. In about a month there will be at least one program in each of new Jersey s 21 counties and the services will be offered under the sponsorship of the school District and local non profit Organ Kali ans. Kean called the present generation of teen agers wednesday s children full of woe and said they arc far More troubled than their predecessors they arc killing themselves either rapidly through a car smashing into a tree or More slowly As the reach for a sin pack or a joint when life is giving them problems he said. The stale commissioner of human services. Drew Allman said teen agers Are the Only age group in the country whose mortality Rale is rising and said alcohol and drug Rel Ald accidents and suicide arc the two leading causes of death among new Jersey teen agers. The time has come to bring human services and education together he said. The boundaries Don t work anymore. They need us and we need them. Altman said the slate program which will provide up to 5250,000 annually for each local program will provide one Stop shopping for All of the available services either on school property or in a nearby Loca Tion. Interviews with students helped state officials shape the of crams. Some students wanted the pro Gram to be Oft school grounds Allman said because they hoped to bring their families for counselling an did not want to have to bring them into the schools. We know that a Strong healthy and Laving family is the Best Aid a child Ever had growing up can said. Bui we also know that some families just can t pro vide the sort of attention and compassion a teen Ager needs. We re going to try to strengthen la Miljies through this program and keep Ai Many of them intact As we can he said. The High schools that will begin offering the pro Grams Are Atlantic City Bayonne Bridgeton Cam Den Clayton Dover Elizabeth Emerson High school in Union City Essen county vocational Gloucester county vocational hse Kensek Hunt Codon county regional Irvington John f. Kennedy High school in Paterson Lakewood Long Branch lower Cape May regional new Brunswick Passaic Pemberton Phillipsburg Pine lands regional in tuck Etc a Plainfield plea Sanville Salem county vocational Somerset county vocational South Brunswick Sussex vocational and Trenton. Black monday could reoccur Stock expert says Washington api the chairman of the new York Slock Exchange said sunday there Are no Guaran tees thai october s Black monday won t occur again in the Wake of Friday s plunge in Stock Market prices but he Aid he Hopes institutional investors Nave Learned Iligir lessons. The Large sales by a Small number of institutional investors contributed to the 508-Point meltdown on oct. 19, according la a presidential panel report. Of course there is no guarantee Exchange chair Man John Phelan said on Abc to s meet the press but i would Hope that those people who were Active in this Market and using those mechanisms in the weekend of ocl. 19 have Learned something about not Only How to protect themselves hut also their responsibilities 10 the Market and their responsibilities to 180 million americans who either directly or indirectly invested in thai Market. And so i would Hope that those lessons were Learned and we would not have another repeat of the october i9thevenl." the Dow Jones Industrial average dropped a record i Dos Points on oct. 16, falling More than 100 Point for the first time. Three Days later when buyers and Sellers resumed to work on monday the Dow Jones average plummeted More than 500 Points in a plunge that rivalled the great crash of 1929. About two weeks later. President Reagan appointed a task Force headed by former sen. Nicholas f. Brady r-., to study the crash. The five member taskforce on Market mechanisms recommended Friday that one Agency preferably the Federal Reserve Board Phebus body coordinate the nation s financial markets. The panel also called for coordination of circuit breaker mechanism when the Stock Market in new York and the futures Market in Chicago get Over Advance of technology and the instantaneous linkage of markets by computer Means that the nation s financial Market in the future should be viewed As one Market the panel concluded. Ironically analysis attributed Wall Street worries about he Brady report in pan fora 140-Point plunge in the Dow Jones last Friday. Brady chairman of Dillon read & co., a new York investment banking firm said sunday he does t fore see another weekend panic in which the Market dropped More than 600 Points on oct. 16 and oct. 19. "1 Don t see a repeal of the Friday to monday kind of action that we had on the 19th of october Brady said on the Abc program. However the chairman of the House committee on Energy and Commerce said it is difficult to Tell whether investors using the Market s computerized mechanisms have become Wolf Reg timing. A s too Early to say but a computer has no Morali rep. John Dingell d-mich., said on the same program. "1 think it might be said that a lot of these investors that were doing that have no morality either. So you be got a bad situation to begin nevertheless Phelan sought 10 reassure the Market s Small investors that the Brady commission report raises issues thai will be addressed. I Don t think that we can rest assured. Hut behave everything in place that would protect the Public because remember the equity markets the whole regulation of the equity markets is Public Protection Lair disclosure in opening of those markets Phelan Ivd. But i certainly would t be comfortable that enough has been done but at least the Brady report has Gosien the subject up on the table got 11 up in a non political Way and got it up on i think very fascinating and intelligent Way of talking about the even thai took Brady noted thai 60 percent of equities ire owned by individual investors who were probably confused by the vast Selling in october. However the report should help them understand what occurred. Maybe now that he the Small investor under stands what happened he won t be As Kerpl coed 41 we All were at that particular Point in time Brady said
