Two THE MICHIGAN DAILY TWO THE MICHIGAN DAILY SATURDAY, OCTOBER 21, 1961 ....... SATURDA'Y', OCTOBER 21,1961 OMMONNAM -i rein Sees No Final Solution sing International Politics EXCHANGE WEEKEND: McCracken Notes Payments Deficit 1(1 By MUDITH BLEIER olitics can't provide a lasting tion for international prob- s, Prof. Harold Stein of the tical science department at iceton University said here lnesday. t a Challenge seminar on "Po- al Problems in National Se- ty," Prof. Stein noted that the we can hope for is "a series solutions, and if we can live i the situation maybe the pres- s will decrease." he political context in which said we must work is one of rgaining over the countries in Asian periphery and Berlin. Russians are very conscious >oundaries. Neither side wants o to war, but neither wants to anything away for free." The problem of the politicians hat we will have to give a half I and they will have to give alf inch, and we'll have to live 1 it," Prof. Stein asserted. Cites Berlin e suggested the possibility of Testern corridor to Berlin for ing the "crisis" in Germany. e Russians, on the other hand, settle for a partial recogni- of the East German regime." he United States has taken the tion that there is no solution pt the re-unification of Ger- iy, Prof. Stein added. "We've our ally West Germany that won't settle for anything ex- PROF. HAROLD STEIN . decries politics cept unification, but this doesn't seem possible." Prof. Stein does not feel that the emerging African nations will effect the balance of power in the world. "They're very primitive countries," he .said. "They have local power. but no power in the military sense." Margery Michelmore, who raised a Nigerian storm for the Peace Corps, "was telling the simple truth," Prof. Stein said. "But that isn't something Nigerians like to hear." By PHILIP SUTIN "The United States is going to have to take basic steps to close the balance of payments deficit," Prof. Paul W. McCracken of the business administration school said yesterday. Speaking to a luncheon in the business administration student council's exchange weekend pro- gram with the University of Tor- onto's commerce school, Prof. Mc- Cracken explained that the Unit- ed States has lost an average of $2 billion a year since 1950. He ascribed this loss to military and foreign aid spending abroad, and private capital remittances to other countries. "In 1960 ex- ports exceeded imports by $7 bil- lion. However, spending at mili- tary installations abroad added $3 billion, government grants and foreign aid, $3 billion, and private capital remittances, $4.7 billion. This leaves the United States with a net loss of $3.7 billion," he not- ed. 1961 Situation The 1961 situation looks super- ficially better, Prof. McCracken reported. The United States ac- crued a $1 billion annual ,rate gain in the balance of payments in the second quarter, but he said this was due to the non-recurring payment of debt by West Ger- many. "If this debt payment were tak- en out, there would be a debt of $2 billion. The situation could de- teriorate if imports rise more than exports," he warned. Weber, Sell, Kasle Receive Awards The Board of Directors of the Alumni Association announced awards to three past Association directors at their semi-annual meeting here yesterday. The awards were presented to Mrs. Earl J. Weber, Mrs. Rudolph Sell, and Shirrel Kasle by Uni- versity president emeritus Alex- ander G. Ruthven. ORGANIZATION NOTICES Congreg. Disc. E & R Stud. Guild, Ci- der Hour, Oct. 21, After Game; Scruti- nizing Christian Faith, Pat Pickett, Oct. 22, 9:30 a.m.; 802 Monroe. * * * Eta Kappa Nu, Election Meeting, Oct. 23, 7:30 p.m., union. Grad. Outing Club, Hike, Birch Lake to Silver Lake, Oct. 22, 2 p.m., Meet Rackham Bldg., Huron St. Entrance. La Sociedad Hispanica, Tertulia, Oct. 23, 3-5 p.m., 3050 FB. Newman Club, Purdue Dunkers Hour -Cider'n Donuts, After Game; Dinner, 6 p.m.; Oct. 21, Newman Center. Voice Political Party, Oct. 22, 4:30 p.m., A. A. Congreg. Church, State & Williams. Speaker: Curtis Hayes, stu- dent protest leader in McComb, Miss. I The stor that had to be to ! ;. No wonder it was read by millions as a best-seller and Reader's Digest special feature, She gave up her way of life for his-an American girl defying danger in war-ravaged Tokyo knowing a love so great that made it all worthwhile. This situationhas a number of immediate implications. Prof. Mc-j Cracken initially urged that the required federal reserve minimum of 25 per cent gold backing for U.S. currency be abolished. Underj this rule $11 billion of the $17 bil- lion gold supply is frozen. "This requirement is irrelevant to the claims on the gold," he added. However, this is politically im- possible at present, Prof. McCrack- en said. Payments Balance Secondly, he noted that domes- tic economic policy can no longer be planned without considering American balance of payments. This is nothing new for most Tanaka Cites Lag in Japan, The study of journalism is 10 years more advanced in the Unit- ed States than in Japan, Junichi Tanaka, Spec, a Japanese jour- nalist studying here under a Uni- versity Press Club of Michigan fellowship, said. Tanaka, a news analyst on To- kyo's fourth largest daily, Sankei Shimbum, noted that the younger journalists in Japan like to write stories sensationally and that their editors agree with them. "There are some journalists who would prefer a more scholarly at- titude in covering the news, but there is not much opportunity for them," he added. Covered Riots Tanaka, who covered the riots last year which eventually led to the cancelling of former Presi- dent Dwight D. Eisenhower's visit to Japan, called the demonstration against James Hagerty, former White House press secretary, "the most vicious attack." He said that the rioters represented a minority of Japanese opinion. Although student political in- terest is keener in Japan than in the United States, the academic side of college life is better here, he said. "The student-teacher relation- ship is quite free in the United States. The teaching method is better." Tanaka will stay at the Univer- sity until June, a d then will spend nine months working for Michigan newspapers. Under the fellowship program he will intern at three state papers for a period of three months each. DAILY OFFICIAL BULLETIN The Daily Official Bulletin is an official publication of The Univer- sity of Michigan for which The Michigan Daily assumes no editorial responsibility. Notices should be sent in TYPEWRITTEN form to Room 3519 Administration Building before 2 p.m., two days preceding publication.. SATURDAY, OCTOBER 21 General Notices Students are reminded that the first installment of tuition fees was due on October 2. All delinquent accounts not paid by October 23 will result in cancellation of enrollment. Students who have elected the deferred tuition payment plan are reminded that the second payment is due November 29. Concert. The Boston Symphony Or- chestra, Charles Munch, Conductor, will be presented in a special Homecoming concert in Hill Aud. tonight at 8:30. Mr. Munch will present the following program: Howard Hanson's "Elegy"; Concerto for Violoncello No. 1 in A min- or (Saint-Saens); with Samuel Mayes, soloist; and the Brahms Symphony No. 1 in C minor. Tickets are available until 11:45 a.. at the offices of the University Musi- cal Society; and at the Hill Aud. box office from 5:00 p.m. to concert time. The Boston Symphony will also be heard Sunday at 2:30 p.m. The Hill Aud. box office will be open at 1:00 p.m. preceding the concert. Box Office Opens Monday: For tickets to Franz Kafka's tale of a man trap- ped by forces beyond his control, "The Trial," presented by the University Players of the Department of Speech. Performances at 8:00 p.m. Wed, through Sat. at the Lydia Mendelssohn Theatre. Tickets $1.00 or 1.50 for Wed. or Thurs. (Continued on Page 5) countries, but the United States is now facing it for the first time. The United States should not consider increased exports as a permanent solution for this prob- lem. "This solution only has lim- ited mileage," Prof. McCracken warned. Four more basic issues should be considered, he declared. The United States should study wheth- er it can afford foreign aid and military spending abroad. It may have to face the fact that it can- not talk of full employment and a favorable balance of payment, since this condition tends to re- duce exports. The United States might be forced to contemplate devaluating the dollar as it would be too ex- pensive in the world market. "It would be a travesty to devaluate the dollar as it would be a serious blow to the carefully built finan- cial order," he said. Lastly, the United States might have to consider joining the Eu- ropean Common Market, he add- ed. Committee Announces New Posts Seventeen newly filled positions in the Women's League have been announced. They are Women's Judiciary Council: Edith Bassichif,'64; Pub- lic Relations Committee: Judy Giefel, '64, Judy Beam, '64, Bar- bara Postel, '63, and Sharon Logs- den, '63; University Services Com- mittee: Terry Boodner, '64, Gret- chen Groth, '64, Pat Lutes, '64, Joan Baginsky, '64, Joan Grobe, '63, Jane Offenhauer, '63, and Sue Hykes, '64; Student Services Com- mittee: LeMoyne Wycoff, '63, Alice Rickel, '64, and Sue Beck, '64; Special Projects: Linda Beck, '64; Social Committee: Joan Gus- ten, '64; House Committee: Mar- cia Kempf, '63. r NEWMAN CLUB HOMECOMING ALUMNI Dinner 6 P.M. $1.00 ONE OF THE WORLD'S GREAT PICTURES!GO NOW!" A ..ASTERWORKI"- Mga AKIRA .KUROSA WA'S Q MASTERPIECE ("TI 4 0 VEM0) Ilpnio iramwok t , s an ri x 0=>0o0<04=>a=>0<==>0 0<=;>o=.>0 c c =; O AID FOR HONG KONG o REFUGEES COMMITTEE CLUB Q CHINESE DINNERS Prepared by Chinese Students For the benefit of Hong Kong Refugees Free Recipes F iRST METHODIST CHURCH Slides of Hong Kong Couple: $3.50 Social Hall Single: $2.00 (Huron and State) Saturday, October 28 6:00 P.M. Tickets available at the INTERNATIONAL CENTER a 0 t t a~oe-_ e I CAMPUS DIAL 8-6426 4 FINAL PERFORMANCE 11 D.~b.AMES SHIGETA dIaLa 56290ree a. ek e DIAL 5-6290 li rte! -a. Read and Use Michigan Daily Classifieds Dial 2-6264 u'u~f H uUiiSiki i t' Wi I 'i' a1 "~111 iW STARTING TODAY SHOWS START AT 1:00, 2:50, 4:50, 6:55, and 9:00 FEATURE STARTS 25 MINUTES LATER PROF. PAUL W. McCRACKEN balance of payments Alfoldi Says Early Rome Rule a Myth in the second of his series of lectures on acient Rome, Andrew Alfoldi, professor of Roman his- tory at Princeton University's' In- stitute for Advanced Study, de- nied yesterday the long-popular theory that Rome was a great ruling power between 700 and 600 B.C. Having established in his first lecture that the last' decade of the sixth century B.C. is a fixed voint from which all Roman his- tory can be traced, Prof. Alfoldi explained how the myth of Rome's earlier power arose. During the Second Punic War, Hannibal's historians were revil- ing the Romans as near-barbar- ians, Prof. Alfoldi said. In response to the propaganda, a Roman his- torian, Fabius Pictor, attempted to prove the opposite. In doing so, he forged an exaggerated pic- ture of Roman greatness that is still widely accepted, Prof. Al- foldi asserted. Prof. Alfoldi argued against the traditional belief that Rome ruled over the Latin league, a loose confederation of city-states created for their common defense. He explained that the members of the confederation had more freedom than the Pictor tradition suggests, and that they actually sometimes fought each oher. The rise of Rome,; Prof. Alfoldi concluded, belongs not to the tra- ditional period set by Fabius Pic- tor, but only to the fifth and fourth centuries B.C. Prof. Alfoldi's talk was one of six lectures that he is presenting on early Rome and the Latins. These talks constitute the ninth in a series of annual lecture pro- grams endowed by Thomas Spen- cer Jerome, a former American ambassador to Rome. GE ER It will be directed by DONALD LOVELL. It will play at LYDIA MENDELSSOHN THEATRE only one more night, Saturday, Oct. 21. Curtain time is at eight o'clock. TICKETS are $1.75 for Saturday night. They can be obtained at the Lydia Mendelssohn box office. Box office open daily from 10:00 A.M. Phone NO 8-6300. FINAL PERFORMANCE rl THE ANN ARBOR CIVIC THEATRE CORDIALLY INVITES YOU to join in opening the new season with a wonderful and hilarious evening of theatre as we bring you one of Broadway's greatest all-time comedy hits; Thomas Heggen's and Joshua Logan's "MISTER ROBERTS" SUBSCRIBE TO 4 TIO University Inter-Arts Magazine ONE YEAR (4 lssuaes)W-$1 To subscribe mail the form below to l Generation... 420 Maynard. . Ann Arbor l ww r w rwwwwww rw- www------ww-w-- wweirw rya I Enclosed is $1 in payment for a 1 year subscription (4 issues) to GENERATION Name Address A4 I - I " -""" " -"""""""""'"" -- -"""-""""-""""- -"-""- --""-' STARRING - E PRICE -JOHN K.RR.'.SI[LE[ A AND[ES RICHARD MATHESON ROGER CORMAN ES BAXTER I I.Q.C. ASSEMBLY THE ;.°$ Presents the STUDE T D RECTORY 11 11 I? r J II October 28 8:30 P.M. Hill Aud. .. i r r I