THE MICHIGAN DAILY SA1T71nflAV flrTt*lV1R110ft- IIIa *, J. 1114Y. .. ,: AM 1. kyvr.n iv, l; LM SRC To Conduct Survey On Consumer Finances 'EXCHANGE CONCERTS': Stanley Quartet To Begin Tour of Universities I The 1960 Survey of Consumer Finances will be conducted by the University Survey Research Center with the support of a $300,000 grant from the Ford Foundation. The survey, which has been con- ducted annually since 1946, has been previously. supported entirely by the Federal Reserve Board. This year, the Survey will be in part supported by private business. The collaboration between the Board and the Center in 1960 will be directed primarily toward develop- ing better data in the fields of individuals' financial assets and attitudes toward these holdings. One part of the Ford Founda- tion grant will extend over a five- year period and make Survey of Consumer Finances data more readily available to the academic world and more useful for tests of economic theory.- The Center is a division of the Institute for Social Research; it will conduct a series of summer workshops for teachers and re- searchers and will prepare data from its annual surveys for con- sumer research at other universi- ties. Another part of the grant will be used to make the transition from governmental to private sup- port of the Survey of Consumer. Finances. Already some of the nation's best known business firms and industrial associations have agreed to share a portion of the Survey's cost. The Survey, which is based on personal interviews with a repre- sentative sample of more than 3,000 spending units, is a basic source of information on the financial status of consumers, their demographic composition, and their economic attitudes. Detailed reports showing changes in and relationships be- tween consumers' financial posi- tion, their major purchase, demo- graphic factors, and economic at- titudes will be received by the sponsors. The traditional release of pre- liminary data from the Survey to the press in March will be contin- ued. 'Techn/Gic' WinsPrizes The Michigan Technic, engineer- ing college magazine, took four awards at the Engineering College Magazine Association's National Convention at Pennsylvania State University yesterday. It received third place for the best technical article; "Anti- Matter," by Roger Barnes, '61E, and first place for the best non- technical article, "Forgotten Bridges" by Bernard Stollman, '59E. First place was also awarded for the best recurring features. The top award of the convention went to the Technic for the best all- around magazine of all.the mem- ber magazines. The Technic is now in its 78th year. In addition to being the oldest publication on campus, it is the oldest engineering magazine of its kind. The first issue of the year will appear within two weeks. By PHILIP SHERMAN Next week the Stanley Quartet will begin a whirlwind tour with series of exchange concerts be- tween quartets in residence at several midwestern universities. The Quartet will play at the University of Illinois on Tuesday, Indiana,sWednesday and Oberlin College Friday. Early next year they vill per- form at the University of Buffalo on Jan. 18 and the University of Rochester, Jan. 19. The Elizabeth Sprague Coolidge Foundation of the Library of Con- gress is sponsoring the project. Each of the programs will con- tain a contemporary string quar- tet; Bartok's Quartet No. 6 will be played during the first tour. Named, for Professor" The Stanley Quartet was found- ed in 1949 and named inl honor of Prof. Albert A. Stanley, a pioneer in the University's nusic educa- tion program. It plays free concerts on cam- pus, presents a tour of the states and also travels to other universi- ties as it is-doing this year. In the spring of 1958, they toured South America, visiting such cities as Rio de Janeiro and Montevideo. The Quartet plays the whole range of. chamber music from Haydn andMozart, to Beethoven to Debussy and: Ravel. It also emphasizes modern music; commissions to write chamber music have been given to such composers as Milhaud and Villa Lobos. In another area, the Quartet was featured in an eight-program series, "A Listeners Guide to Chamber Music," produced by the University Television Studio. '4 TO TOUR-The University Stanley Quartet will visit five other universities this fall and winter under a Library of Congress program for exchange concerts among resident quartets. The visits will be reciprocated by groups from the other universities. The Stanley Quartet always plays a series of concerts at the! University and throughout the state. This season, in honor of the group's tenth anniversary, WUOM will present ten special programs of the Quartet playing major Works. The Quartet is made up of four, music school professors. Ross Founds Quartet Prof. Gilbert Ross, the first violinist, studied under renowned teachers Leon Sametinin and Leo- pold Auer, debuting in Europe in the '20's. The Universit'y gave him a distinguished faculty achieve- ment award for founding the Quartet. Second Violinist Prof. Gustave Rosseels was educated at the Royal Conservatory . of Brussels, and came to the United States in 1946 to join the Paganini which toured extensively in the New World. Also educated in Brussels is Prof. Robert Courte, violist who, like Prof. Rosseels, came here to join the Pagannini group. He soloed with the Philadelphia Or- chestra at last year's May Festi- val and has played with the Buda- pest String Quartet. Prof. Oliver Edel, cellist, was an KHRUSHCHE V'S ECONOMICS: Sees Communism Outstride West by 1970 U.S. and Soviet Paths to Economic Development t 800 700 600. 500 400 300 206 100 L- r-r8001 N ". O' N " c Investmient =- Conswnpion I , -7 Lo! I-. -- -i F -W Vn r 0 -4 /J# f f F- / LLLL h- k Defense Investment Consumption i -/! -- / I- / I. h 700 600 500 400 300 -200 100 0 However - as the accompany- ing illustration shows -- the U.S. gross national product should to- tal about 740 billion dollars by 1970 while Soviet production will reach 400 billion dollars, about equal to 1957 production in the United States. Assuming that the study's pro-. jections are reasonable, the U.S. per capita production -- $2,570 in 1957 - will reach $3,600 in 1970. During the same period, Russian per capita production - will rise from $858 to $1,570. Compares Labor Forces In 1957, the American labor force totaled 70,700,000 and the Russian work force was made up of 89 million men and women. As a rough indication of the gulf sep- arating U.S. and Russia in labor efficiency, dividing U.S. labor force into gross national product yieds $6,223 of GNP per man. The comparative figure in Russia is $1,966. The committee says, "In indus- trial output, other than for con- sumers, the Soviets might over- take the United States before 1970." This would result from a fundamental difference between socialism and capitalism. Notes Heavy Consumption "The U.S. way of life is heavy consumption with moderate growth," the committee report says. "At the other extreme, the So- viet way of life is ce n t r a ll y planned to implement national objectives and the desires of its citizens for consumption are given short shrift, even in times past to the point of mass starvation. Note Amount'Consumed Where about 75 per cent of the United States' gross nati'onal product goes into consumption channels, only about 55 per cent of Russian production is devoted to consumer goods. This being the case, the Rus- sians aren't likely to surpass the American standard of living by 1970 as Khrushchev has predicted. However, Russian industrial growth does pose a threat to American economic leadership. The growth potential of the '.united States is enormous, the committee says. It recommends that the nation stop leaving growth to chance and, instead, plan its economic future. original member of the quartet. He has appeared with artists such as Bartok and Schnabel. His stu- dents have won many awards. ." Opening Set At Telescope The University's ten-story high steerable radio telescope on Peach Mountain was dedicated last Wed- nesday, and will be open for pub- lic inspection from 2 to 4 p.m. Sunday. The telescope is the most sen- sitive of its type in the world. Con- structed under an Office- of Naval Research contract, the huge in- strument is a powerful new, tool in helping chart the vastness of space. Entrance to the site is at 10280 North Territorial Road. The most direct route from Ann Arbor is Dexter Road to Portage Lake Road, left on North Terri- torial. Residents of Jackson may take US 12 east, left on M 92, right on North Territorial. Tying in with its astronomical appendage, the Spitz Planetarium at the University Museum's Hall of Astronomy has resumed day- time showings. Related exhibits of the solar system and satellite models are on display. A 30 minute demonstration of the moon and stars in ,motion is shown and narrated to groups by appointment. At the conclusion of the per- formance the motion of stars is speeded up, reproducing for the audience the movement of the ii 4 i -4 1.n >75% Total Gross Notionol Prodt T' V I I X70 1938 ,sI Y5 0. --9 1938 1950 1957 197 9U5 1957 1970. U1 rrr~~1 999f999 Population CARLOS MONTOYA TONIGHT at 8:30 Ann Arbor High School 4'l 75 t 9 99 9Labor Force i Each figure Equals 7"f 11ion People AP Newsfeatures K@L KROSSWORD No. 3 By CHARLES STAFFORD Associated Press Newsfeatures Writer! cAROL BRANDON NCOtAt Russian Premier Nikita Khrush-l chev, it appears, looks at his na-t tion's economic future through Produced by Oirected by rose-tinted glasses. WILS BRADOKT-'PHILP DUNNE By 1970, he has said, "the So-1 sCee"pay byviet Union will gain first place ini EDPfll SOMMERw HIIP DUNNE the world as regards the absolutei CIN IIA5- OP ITER CS output and the output of goods perS capita, which will insure for thet Tonight at 7:00 and 9:00 Tomorrow at 8:00 .THE BRAVE BULLS with MEL FERRER (Russian) population the highestj living standard in the world. Indeed, Russia is making gigan-j tic strides in boosting its absolute output - that thing the statisti- cians call "gross 'national prod- uct." But unless economists are unduly optimistic, the Soviet Un- ion hasn't a chance of even ap- proaching this nation's gross na- tional product by 1970. National Product Grows The Corporation for Economic and Industrial Research, Inc., (CEIR) in a study made for the Senate Foreign Relations Com- mittee, says: "If present trends continue there will be a growth of 130 per cent in the gross national product of the Soviet Union by 1970 compared with less than 70 per cent in the United States." SPECIAL. on SCHWINN'S ACROSS 1. Trojan school . What she applies when it's gone Jar enough 9. Past tense of meet 12. Crew-type letter?. 13. Dame who gets around 14. Eggs 15. No literary type, he 17. Underworld , god of Egypt 19. They're thicker than squares 20. Talks flatly 21. It follows Bee '9 T.lf the Army DOWN 1. With a sub, they're out of town 2. Fly talk 3. Those who appreciate Menthol Magic 4.'Coeds who've made it' 5. Sad French streets 6. Short morning 7. What to change to when your throat tells you S. Gaelic part of herself . With Kook, all day long 1- 12 15 3 13 5 & 7 8 9 10o Ii l 14 -5 16 7 I8 t 4 i 1" I - . -~ . - ~9 - ~9 - 20 I T. i i - -ice 3'ARE V06,I'KWL sNOiUG1 TrL2 71KRACK TWIS?" 2- 27 29 i - i , I 23. Belts below 1o. Live backward; the belt - it's no good absence , e. - Canal, 29. Not many Germany 37 38 39 $0. Such eaters 18. Russian John forgetmorethan 23. This eason their manners 24. Bit ofa blow 40 41 42 43 44 33. Specialized to the band cereal 26. You need a . 34. A Noel is a 8 change: Kools! S4 4754 backward girl 27. Possesses 35. Electric3LLstas_ wrigglers 31.Akido LeS0at Si... 36. Wire measures 32,aukindgof49 38. They're given 33. With no springs, by 15 Across for flowers 40. There are two or clams for it on 37, Song for IIk ~f+b I BroadwaythebirdWhy rt 42. Edible dolls 38. God of Ingrid's 45. It's human to ancestorsoraCh ge 46. K ools have 39. Throw n by M e th lL-cu ist t um e ec Menthol--- cubists 48. Everyone's 40. Keep in stitches y first girl 41. Period of time 49. Has been 43. ZsaZsa a h ng . 50. Hole ___,,... sister. 0 Headquarters for Michigan MICHIGAN: Stickers Glassware Cigarette Boxes . I