FRIDAY, AUGUST 10, 1962
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4:55-7:00 and 9:15
Feature at 1:00-2:55
5:05-7:10 and 9:25
COMMITTEE HEA RINGS:
McCracken ViewsEconomy
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PRODUCED BY
ROBERT COHN, 1941
UNIVERSITY OF MICHIGAN
I
Immediate lowering of the fed-
eral tax structure and granting of
limited authority to the President
to cut tax rates were urged by
Prof. Paul W. McCracken of the
business administration graduate
school as necessary measures to
spur a lagging economy.
Testifying before the Joint
Economic Committee of Congress,
Prof. McCracken noted that since
1961 government receipts have "si-
phoned off 44 cents of every dol-
lar increase in private income."
Under these conditions, "we
simply cannot get a strong enough
rise in income after taxes and
therefore in private demand for
output to carry the country back
to reasonably full employment, he"
told the committee.1
"Our economic situation now
needs strengthening in a very
fundamental way," he told the
congressional committee in his
testimony yesterday.
The cyclical expansion in busi-
ness activity that began early last
year is the weakest since World
War I, he said.
Pointing out that the magnitude
of business improvement this June
was only about one-third of the
average monthly gain since early
1961, Prof. McCracken said, "we
are beginning to wonder if it will
turn out to be not only the weak-
est, but the shortest expansion."
Notes Problem
White Elephants
to Us
Wonderful "Buys"
to You
500'
Dresses
2 GROUPS
500 00
originally priced
10.98 to 29.95
This 5.00 group includes better
handbags (originally to 12.98)
Also Strapless Long & Short Bras
Friday
Saturday
L ia till 1 P.M.
"It is more accurate to say that
we confront an uncertain short-
run business outlook following
upon a particularly weak cyclical
expansion - all of this superim-
posed upon an economic perform-
ance that has been sub-par for
some years."
In the last 15 months private de-
mand for output, including con-
sumer goods and services, residen-
tial construction and capital goods
for business, has gone up about
$1.20 for each dollar increase in
private income after taxes.
These figures indicate that the
public has been spending its in-
come. What we need,.then, is more
purchasing power, he asid.
Prof. McCracken outlined three
things that should be done:
Lists Proposals
1) "We must develop tech-
niques for slowing down the ten-
dency of government receipts to
absorb a growing proportion of the
national income. This tendency
has had a deadening effect on the.
economy and has circumscribed
elbow room for needed tax reform.
2) "We should take advantage
of the impressive consensus on the
matter and as quickly as possible
put together some tax actions that
would lower the structure and im-
prove our tax system.
3) "The President should be
given limited authority to adjust
tax rates with the requirement
that he report fully to Congress on
the reason for his action."
Technology
May Spread
A fflictions
(Continued from Page 1)
The disease itself is a highly
complex one, as there are three
main kinds of its most severe va-
riety. They are confined to Asia,
South America and Africa (where
the disease is called bilharziasis),
but other forms with less perni-
cious effects on humans exist in
most parts of the world.
Other Varieties
In the United States, especially
in the northernmost sections, a
schistosoma malady termed "swim-
mers' itch" is extant, much to the
embarrassment, Prof. van der
Schalie says, of the tourist bu-
reaus and chambers of commerce.
These milder forms are para-
sitic on certain vertebrae of ani-
mals, not humans. Occasionally,
snails will become infected with
the disease, and spawn worms in-
visible to the naked eye.
The worms breed in warm, shal-
low water, and may pierce the
skin of swimmers and waders. But
as the human is not the proper
host for this type of worm, and
the parasite does not survive.
However, the human victim will
have an extremely painful rash
and festers in the parts of his
skin where the worm made con-
tact.
Prof. van der Schalie knows of
no recorded cases of the most se-
vere types of schistosomiasis in
the United States, due to differ-
ing snail types. There have been
worries among health officials,
though, that Puerto Rico immi-
grants, where the disease does
exist, may bring in cases inside
the country.
ICLASSIFIEDS
PROF. PAUL McCRACKEN
... three proposals
Prof. McCracken served from
1956 to 1959 as a member of the
Council of Economic Advisors dur-
ing the Eisenhower administra-
tion. His field is business condi-
tions.
Hedrich .Dies
On Vacatjon
Prof. Walter A. Hedrich of the
electrical engineering department
died suddenly Wednesday while
vacationing. He joined the faculty
in 1947.
Prof. Hedrich's specialty was
lighting and illumination, and he
did extensive research in that
field.
MICHIGAN DAILY
CLASSIFIED ADVERTISING
RATES
LINES 1 DAY 3 DAYS 6 DAYS
2 .70 1.95 3.45
3 .85 2.40 4.20
4 1.00 2.85 4.95
Figure 5 average words to a line.
Classified deadline, 3 P.M. daily
Phone NO 2-4786
LOST AND FOUND
LOST-Man's wallet with valuable iden-
tification. Finder please call Mike
Shabazian at 663-0302. Reward. Ao
PERSONAL
WANTED--a single room for a girl in
a private American home. Please call
NO 5-7616. F25
WANTED-Roommate(s), female, pre-
ferably with apartment. Call NO 5-
8337 after 12:15 p.m. F27
FEMALE GRAD student wanted to
share house near campus. Call NO
5-7164. F23
WANTED-Female (grad) to share at-
tractive 4 rm. apt, near campus.
$52.50/mo. plus elec. Call NO 5-5853
after 5. F28
WANTED-Single, unfurn. apt. or dbl.
well lighted room with cooking facili-
ties, near campus. Call 665-7979 after
6 p.m. F26
GATHER ye rosebuds while ye may,
Old time is still a-flying,
And this same flower that smiles
today,
Tomorrow will be dying. FIS
DIAMONDS-At wholesale prices from
our mines to you. Buy direct and
save. Robert Haack Diamond Import-
ers. 504 First National Bldg. NO 3-0653.
SB8
HELP WANTED
PSYCHOLOGICAL subjs. at $1.25 an hr.
American born males and females.
See Mrs. Tobin, 3429 Mason Hall. H5
WANTED-Student commercial artist.
Write Box 3, 420 Maynard, c/o Michi-
gan Daily. H3
CARRIERS NEEDED
to deliver The Michigan Daily
during the fall and spring semesters.
BARGAIN CORNER
FOOT LOCKERS, CAMPING SUPPLIES
AT LOW PRICES. MEN'S WEAR:
SPECIALS-Blue cord pants 2.99; Ber-
mudas and swim suits 1.49 up. Short
sleeve shirts 1.00 up. Wash and wear
pants 2.99 up. Briefs, shorts, T-shirts
69c. Canvas oxfords 2.95, 3.88. SAM'S
STORE, 122 E. Washington. W1
BUSINESS SERVICES
MANUSCRIPT PREPARATION--Mimeo-
graphing-transcription. 334 Catherine
Phone 665-8184. J11
You too can be IMMORTALIZED IN
OIL, Canvas or Silk, Postal card
brings brochure. Send to Portraits,
P.O. Box 531, Ann Arbor.
YOUNG MAN, exp. TV News-reel, Film
Prod., Photo, Dark room teck., P.R.,
available now. These and allied fields.
Box No. 3, Mich. Daily. J?
HAVE A PICNICI
BEAT THE HEAT!I
Cold Watermelons
Cold Pop
Fresh Fruit
Hot Barbequed Chickens
Hot Barbequed Ribs
at
RALPH'S MARKET
709 Packard
Open every night 'til 12
MISCELLANEOUS
WASHTENAW CAFE
GERMAN AND AMERICAN CUISINE
We specialize in
German foods.
STUDENT SPECIALS DAILY
211 N. Main
TRANSPORTATION
WANTED-1 or 2 riders, part or all the
way to Denver, Colo. Leaving Fri. 17th
or Sat. 18th. Call 665-0763. Q7
WANTED-Rider to New York City Aug.
20. 21, 22. Share expenses. NO 2-3728
after 6. G6
These are but a frac-
tion of our 2-Year
Clearance buys in
DAILY OFFICIAL BULLETIN
Coats, Suits,
Dresses,
EVERY TYPE!
EVERY SIZE!,
SHORTS - TALLS
AVERAGE - JUNIOR
Girdles, Strapless Bras,
Handbags and Hats.
I
You'll be glad you
shopped before
ON FOREST
leavaing
off corner of S. University
opp. Campus Theatre
CUSTOMER PARKING
at rear of store.
'U' Shows Honor
To Former Coach
The American flag on the Cen-
tral Campus flagpole stood at
half-staff yesterday to honor Matt
Mann, who died Tuesday. Mann's
funeral was held today in Ann Ar-
bor, and was attended by many
administrators, faculty members,
and friends of the former Univer-
sity coach.
1l
at
(Continued from Page 2)
POSITION OPENINGS:
Bowmar Instrument Corp., Fort
Wayne, Ind.-Recent grad-within last
2 to 4 yrs.-to work directly for firm's
Vice-President. Will assist in planning
& organizational analysis. Bus. Ad. de-
gree, preferably with military service
completed.
Navy Dept.-Civilian job opportuni-
ties both technical & non-technical.
Openings include. Engnrs.. Naval Arch-
itects, Physicists, Chemists, Account-
ants, Position Classifiers, Digital Com-
puter Programmers, etc. Locations in
various parts of U.S. & Overseas.
Library of Congress-Openings as fol-
lows: Ass't. Head of American-British
Exchange Sect.; Catalogers; Research
Analyst for Gen. Ref. & Biblio. Div.;
Handbook Cataloger & Editorial Ass't.
or Ass't. Editor for Hispanic Founda-
tion; Editor, Japanese Union Catalog
& Ref. Librarian for Orientalia Div.;
Ass't. Chief for Sci. & Tech. Div.; &
Science Specialists.
Smith, Hinchman & Grylls, Detroit,
Mich.-Recent grads for positions as
Architectural Engineers. BS in Arch. or
Engrg. (Structural, Mech. & Elect.).
Summer work exper. is sufficient.
OMINICK'S
PIZZAS-SUBS
812 Monroe
WE DELIVER-
NO 2-5414
For further information, please call
General Div., Bureau of Appts., 3200
SAB, Ext. 3544,
Part-Time
Employment
The following part-time jobs are
available. Applications for these jobs
can be made in the Part-time Place-
ment Office, 2200 Student Activities
Bldg., during the following hours: Mon.
thru Fri. 8 a.m. til 12 noon and 1:30 til
5 p M.
Employers desirous of hiring students
for partltime or full-time temporary
work, should contact Bob Hodges, Part-
time Interviewer at NO 3-1511, ext. 3553.
Students desiring miscellaneous odd
jobs should consult the bulletin board
in Room 2200, daily.
MALE
1-Good commercial artist for news-
paper advertising. Part-time or full-
time.
80-Psychological subjects. Must be stu-
dents. At least one, 2 hour session.
20-30-Students to wait tables and buss
dishes from August 26th thru Au-
gust 30th. About 5 hours per day.
Salary plus meals.
FEMALE
1-Good commercial artist for news-
paper advertising. Part-time or full-
time.
1-Food supervisor; Degree in dietetics
or equivalent experience. Monday
thru Friday, 4 p.m. to 8 p.m.
20-30-Students to wait tables and buss
dishes from August 26th thru Au-
gust 30th. About 5 hours per day.
Salary plus meals.
Call Steve at NO 5-3583
Morning delivery 6 days a week.
NO COLLECTIONS
Call Steve at NO 5-3563 HG
COLLEGE MEN
MI6
-
-2
LAST PERFORMANCE TONIGHT
2
GREAT
OPERAS-DOUBLE BILL
U
NOW
Dial
8-6416
Part time help-17 hours per week.
Summer school student preferred.
Working schedule will be arranged to
fit class and study schedule if neces-
sary.
Salary offered-$50 per week.
Call Mr. Miller, 9 a.m. to 2 p.m.,
662-9311. Hi
FOR SALE
FOR SALE -- Columbia Stereophonic
Record Player. Reasonable. Call NO
3-0302. B0
USED 4-TRACK STEREO. RCA cartridge
tape recorder, $175. E.Q." NO 2-4591,
Rm. 310 evenings. B17
RUGS, NEVER USED-9x12 $25; also
matching pair larger sizes. 0. E. Vac.
$15. Call NO 2-9894. B10
FOR RENT
APARTMENTS LIMITED. Call Karl D.
Malcolm, Jr., Realtor. NO 3-0511. C31
Campus Apts.
Furnished 2, 3, 4 person apts. for Fall.
$90-$180 with or without utilities.
Call NO 5-9405. C13
CAMPUS-Hospital area. Lovely furnish-
ed apt. % block from St. Joseph
Hospt. Suitable for four girls. Call
NO 2-0671. C5
Summer Rates
Furnished apts. from $60 up. NO
5-9405. C20
APT.-Well furnished, 1 block to cam-
pus. 2 bdrms., private bath, kitchen-
dinette, and large living rm. For 2
only. Avail. Sept. 5. Call 3-1790 for
appointment. C9
NEW two bedroom apartment units now
being completed on South Forest for
Sept. occupancy. For appoint, to see,
call Karl D. Malcolm, Jr. Realtor
NO 3-0511. C2
STUDIO APARTMENTS
$108 and $111
September Occupancy
HURON TOWERS APTS.
2200 Fuller Road
Call Management Office
NO 5-9161
Mon.-Fri. 9-5:30 ! Sat. 9-12:30
USED CARS
'57 CHEVY, V-8, Power Glide-2 door.
Excellent condition. Call NO 5-0456.
N18
'50 PLYMOUTH 4-door, Special Delux
sedan. Call 663-0326. N16
MUSICAL MDSE.,
RADIOS, REPAIRS
FREE PICK-UP AND DELIVERY on
radios, phonos, tape recorders and TVs
with this ad. Campus Radio & TV.
325 E. Hoover. X4
CALL NO 3-4156
Special weekend rates from 5 p.m
Friday till 9 a.m. Monday..
$15.00 plus 9c a mile.dRates
include gas, oil, insurance.
514 E. WASHINGTON ST.
CAR SERVICE, ACCESSORI
TIRE SALE CONTINUES ....
Get our price before you buyl Life
time guarantee. No money down
Up to one year to pay. Specialisin
in brake service and motor tune
ups.
HICKEY'S SERVICE STATION
Main at Catherine NO 8-771
BIKES AND SCOOTERS
NEED A BIKE!
If your soles are wearing thin on t
hot summer sidewalks, stop in at
BEAVER'S BIKE
AND HARDWARJ9
Ask about Beaver's
BIKE RENTAL
(by the week or month)
Your bike failing?
Beaver can restore it to good health
605 Church
NO 5-6607
UNIVERSITY PLAYERS, DEPT. OF SPEECH
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"An entertaining lot of elaborate observation of human
nature-the climax is hilarious." -Crowther -Times
IT LIGHTS UP A HUSH-HUSH THEME OF
LIFE WITH BEAUTY AND BRILLIANCE!
present
OPERA DEPT., SCHOOL OF MUSIC
DIAL 5-6290
HELD OVER AGAIN!
For the first
time-an
unprecedented
3rd week
for
THE MOST MARVELOUS MOVIE EVER MADE 1
FROM THE PLAY THAT KEPT PLAYIN6 FOREVER I
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Puccini s
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S...the frank
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arcelloMastroiannm
Claudia Cardinale cAallenge!
The sensation stars of"La Dolc Via"
onl"Girl Witt A Suitcas,I
A RAPHAEL HAKIM Picture + An EMBASSY PICTURES Release
FIRST PRIZE-LOCARNO FILM FESTIVAL and RIO DE JANEIRO FILM FESTIVAl.
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HNERIN GO MJ[[99TEHRMAm
mume i WARER EROS,
ALSO
BUGS BUNNY
IN
"BILL OF HARE"
Mats. 1.00, Eves. & Sun. 1.25
Pergolesi's
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PERFORMANCES THRU FRIDAY
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