r> THE MICHIGAN DAILY SATURDAY, -DECEMBER 41, 1926 "" ". ....r + + r °^ ii illt '" n"" xx. er ce:.cxux°.., SCHMALZ ADDRESSES Speaks Of Inmportanace Of Estblihing Standards Of M~leauremienit for Business Performance TALKS IN SAGINAW INAUGURATE NEW SHEAD OF COLLEGE "It is impossible to over emphasize the importance of establishing stand- ards by which business performanceA: can be measured, and it is just as im- portant for the manager of a small ' store to have a standard as it is for : y the head of a large organization" de- clared Prof. Carl N. Schmalz of thefy>. School of Business Administration speaking b~efore' the convention of the Michigan Implement Dealers' asso- -' ciation Thursday in Saginaw. Professor Schmalz went on to say that without standards to go by, a r>. dealer cannot tell "whether his sales' ' are running at a proper level, whether expenses are too high or too low, or whether his stock is in proper rela- LusU llkn tionship to his sales and if profit is at I the correct rate. Every merclnt Who was inauger atedl yesterdaya should get comparable figures by j the seventh president or Wabash col which they can set up a standcard," I lege, Crawfordsville, ind. 1-is brother) added the speaker.4 Dr. Ernest. M. Hopkins, president 0o Professor Schmalz, whon is also the Dartmouth college, (delivered the prin. assistant director of ,th Bureau of1 ciple address. Business Research, outlined the ob- ject of the bureau, which he said wasi PARIS. - The FJranco-Amleicai (1) maintaining 'a high standard of treaty signed jiune 30I, 1,341, recogniz- i s r ci n b ke p n in cl s to c ilg 11 0 r g t o A m r c n a t o itewith business; (2) fostering a p rofes to search suspected rum runner a v a p rt a o g b s n s e , w ti 2 11l 'l m t a p r v u h a e v d s t e m d c l a d t e b h h m e f D p t e i h u law circles; (3) constantly adding to debate. th nweg fbsns ycnatI-~of the faculty and business men. Subscribe for the Ai chigani Daily. oryas. The Mexican Federation of :IIIIIIIIfl111I[I II111III~S1I~ln[IIIIIIII~ii li . M exico Is N"aew Nation Rising 'From Laorhih a a enrollment of twon-- I IleMud,"Sa s aberm n InSpeechI powerful organic~tions of its kind in ( !tboworld. 1 Reltig o scil ndpolitical and as they had to buy their essentials 117 pahn.rth rsethoi~.- W y n te jy ifrn lt h ill-Aoxco M, abrmn ai tatth +_ w history of Mexico for the last decade, in the stores of their landlords theycus of all the trouble over the 1 nidoch sr Roberto xHabermnan, thc unoffical repy- remained ini debt for life," stated(r.1 ns laws 1betweeni this coutr~ty anii stheIICbest rc etrUiown resentative of the Mexican depart-'liaberman. It was not until six years ! s th lack of sympathy in ther laws (if - mnent of labor, called Mexico "the new ago, under the presidIency of Obregon, th w ain.Thtwihw o nation that is arising fr om the murrl' :that conditions began to be bettered.,tsieracofctonnAmra '/ in his lecture, thne "New Era in Me\- s;hools built, hospitals established thiougt of as legitimate in MVlx oi T IsL-'S PAV9~ i:o," 'Ihvr Clay aft ernoon in rooin 1 and the bandits run out. The fornme r HIe beleved that much trouble oiifll _' SH S P .Y O < o heLwbulin.li aste ;Lndlwswrerpaldan he4s of te Lw bildngliewasthelan las wre rpeaed nd he ibe avoided if we had anl arbassador l= second speaker to appear lnvler 11tce tri1buion of land among the Indians ,h 1= ata sokasobvb auspices of the Round Tab]le clubtP) r was c r l f hc eivd the wencued coties.so bobrb- season, and has recently at tended tle .l' cjt ionnsof the a-ricultural classa fes ube cnlt wao(.ffeu --_ mi cee ugof the American 1"cderatioI 3:ulrrduced the-illiteracy from 80 per Itis lbetween thec hurcas o i the t ater of Labor. 1.enlt to GO) per c et.Itidu to tie refusal of he '