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VOL. XL. NO 25. ANN ARBOR, MICHIGAN, FRIDAY, NOVEMBER 8, 1929 EIGHT PAGES
PRICE FIVE CENTS
PEP MEETING WILL
B0E HEL.D TONIGHT
FOAR HRVARDTILT
"Beat Harvard" Will be Slogan
of Students at Pep Rally
in 'Hill Auditorium.
LAWTON TO LEAD CHEERS
Michigan Band to Lead Parade
Calling Students to '
Support Team.
"Beat Harvard" will be the war-
cry of thousands of loyal Michigan
students when they assemble at 7
o'clock this evening in Hill au-
ditorium to prime the determined
Wolverines for the Crimson inva-
sion tomorrow. Chief crier of the
"Beat Harvard" slogan will be J.
Fred Lawtop, '11, composer of 'Var-
sity, campus "big shot" in his un-
dergraduate days, and an expound-
er par excellence of Michigan
spirit.
It was Lawton who at the Illi-
nois pep-meeting last year told a
discouraged but hopeful crowd of
students that Michigan could and
would upset the Zuppkemen despite
the four straight defeats that the
Maize and Blue had experienced.
And the Wolverines won.
While a student, Lawton held
honors and positions galore. He was
a campus.politician of no mean or-
der, was a member of The Daily
and Garogle staffs, of three honor
societies and the Board of Control
of Students Publications and an
athlete of note. Lawton agreed to
talk at the pep-meeing at a late
hour last night after a previously
arranged speaker was forced to
cancel his arrangepaent. Ernest C.
Reif, '30, preident of the Student
council will be master of cere-
monies at the affair. Stan Cochran,
'30, senorcouncilman, arranged the
mass meeting.
Band to Lead Singing.
Michigan's "Fighting Band" will
call the students to the pep-meet-
ing this evening with a parade up
State street and North University
avenue. Its march will be to the
tune of the favorite Maize and Blue
football songs, "The Victors" and
"Varsity" and to "Hail! Hail! the
Gang's All Here."
Once in the auditorium the band
will accompany the assembled stu-
dents in the traditional songs, the
words of which will be shown on
Every member of the cheering
section -should report early for
the pep-meeting this evening
and tak the front center seats
in Hill auditorium Students in
the cheering section must wear
their caps and capes Saturday
or they will not be admitted to
the section, it has been an-
nounced.
a screen. Along with the songs will
come many of Michigan's famous
football yells. They will be lead by
Stanton Todd '30, 'varsity cheer-
leader and corps of assistants.
Former Ch leaders to Attend.
Besides the regular cheerleaders
two famous yellmasters of years
past will be on hand to bring forth
the cheers of the crowd. Lyman
Joyce "Red" Glasgow, '25, yellmas-
ter for two years when Michigan
was playing conference champion-
ship football, will be one of the
guest cheerleaders. He led several
yells at the Ohio State game this
season and is noted for his unique
antics while leading cheers. He is
now editor of the Detroit Motor
News. While a student he was a
varsity debater and a member of
several forensic societies and is
probable that he will make ahshort
speech of his version of the real,
Michigan spirit.
Carroll B. "Hap" Haff, '15 L., who
led the cheers at a gala send-off#
for the Wolverines when they in-
vaded Harvard in 1914, will be the
other guest yellmaster. Tomorrow's
game will be the Maize and Blue
gridder's first encounter with the
Crimson since the 1914 game and
Haff has come all the way from
New York to see the battle and to
lead cheers at the pep-meeting and
the game.
Haff was in his undergraduate
days one of Michigan's greatest
track stars. He captained the 1914
team and won the intercollegiate
440 yard championship.
I-Iousnes ill Dleorae
Stock
Market Strikes New Bottom,
Leaders Recover to Wipe Out Losses
Forced Liquidation Is Blamed
for Pronounced Decline
in Market
By Stanley W. Prenosil, I
A.P. Financial Editor
NEW YORK, N. Y., Nov. 7-The
stock market struck a new bottom
today when a couple of million
shares of distressed stock was
thrown overboard at the opening,
and then staged one of the most
spectacular rallies in recent market
history.
Early declines of $5 to $15 per
shaie in many of the leaders were
wiped out and converted into gains
which ran from $1 to nearly $18
per share. Recoveries in the gen-
eral list were not so pronounced as
nearly 500 stocks, or about half of
those traded in, closed with net de-
clines, the large majority of which1
ranged from a few cents to $2 a
share.
Blocks of 5,000 to 75,000 shares
STUDENT__MORALS
Declares Present Standards Are
as Good as Can be Expected
Under Circumstances.
ADHERE TO OLD MORALS
Declaring that the present mor-
al standards of the students of thel
University are as good as can bre
expected under the existing cir-
cumstances, Prof. Robert C. Angell
of the sociology department ad-E
I were dumped on the market as
soon, as the opening gong had
sounded, with results that nearly
12,500,000 changed hands in the first
half hour. The ticker fell steadily
behind and was two hours late in
printing the final quotations.
Total sales for the abbreviated
three-hour session cn the New
York Stock Exchange was 7,234,060
shares, or at the rate of nearly 12,-
000,000 for a full five-hour day
which compares with 5,906,740 in
yesterday's short session.
Evidence of a tremendous liqui-
dation of speculative holdings that
has taken place during the past
week was furnished after the close
of the market in the weekly Federal
Reserve report of broker's loans
which showed a reduction of $656,-
000,000 following a decline of $1,-
960,000,000 the week before. This
brings the total down to $4,882,000,-
000, the lowest since Oct. 24, 1928.
Wall Street, which has been suf-
fering from a bad case of nerves as
a result of the violent decline that
has taken place since Monday and
forced many of the leaders to new
low levels on the current reaction
if not for the year, was in a much
more cheerful state of mind when
the market closed at 1 p. m.
Many brokers interpreted the op-
ening decline as the completion, at
least temporarily, of the forced li-
quidation which has been over-
hanging the market.
'PLAY PRODUCTION
OPN3CT AL
PREMIER TARDIEUI
LAUNCHES PO0L I CY
Parliament Adjourns Without
Voting on Ministerial
Declarations.
SUCCESS
IS EXPECTED
Tickets
for
Are Still Obtainable
Performances today
and Tomorrow.
dressed the second of the series of
All-Campus Forums yesterday af- SIXTY STUDENTS IN CAST
ternoon at Alumni Memorial hall.
In his discussion on the subject ' Tonight and tomorrow night Play
"Moral Standards of the Campus," Production will present "City Haul"
Professor Angell defined moral by William Thurneau, '29, at the
standards as being organized ideas Lydia Mendelssohn theatre. A lin
of right of either individuals or 'ited number of seats are still avail-j
groups, each of which overlap the able for both performances and
other. "That they are closely relat-may be secured by presenting an
ed is shown by the fact that the invitation at the box office of the
individual is greatly influenced by theatre. Thos individuals who are
the group, as well as the group by not on the Play Production mailing
the individual," he said. list may obtain an invitation by ap-
In describing the present civiliza- plying at the Play Production of-
tion as one of rapid change, con- fice in University Hall.
fusion, and even chaos, one in Rehearsals have been held for
which old ideas are being thrown more than a week in order to in-
into the background, Professor An- sure a finished production, accord-
gell said there was a tendency to ing to Valentine B. Windt, director.
hang on to the old moral stan- Dress rehearsals were held Wednes-
dards. "Obviouly thi give rise te -
dar iouslhisgivesri day night end last night. The cast
considerable confusion insofar as of approximately 60 people makes
young people who are growing up the production of the shop a littlei
in this civilization are concerned. !
The younger generation is influ- more difficult than the formula-,
enced too greatly by the spectacu- tion of a show with only a fewf
lar phases of life." he stated. characters, Mr. Windt stated. Many
"Campus life, confused as it is, is individuals in the cast are appear-.
unique in the sense that it has less ing in a campus dramatic produc-
influential traditions because of ! tion for the first time.
the rapid turnover of students. The Division of English is spon-
Campus life, therefore, reflects soring the presentation of "City
rather closely the outside point of Haul" and play is being financed
view wherein the situation is that by money made on Play Produc-
youths are likely to be stimulated tion's general presentations in the
by modern things. The net result .Lydia Mendelssohn theatre.
Attack Directed Against Briand
for Following a "Too
Liberal Policy."
(By Associated Press)
PARIS, France, Nov. 7.-The new
Tardieu government, headed by
one of the youngest Premiers
France has ever had, vigorously
launched the declaration of its'
policy in the Chamber of Deputies
today and prepared to withstand
the counter-attack that is expect-
ed from the opposition tomorrow.
Parliament was adjourned late
in the evening without voting on
ministerial declarations which M.
Tardieu read. The Deputies will
meet tomorrow and then the gov-
ernment will ask for a vote of con-
fidence. On the result of this, the
life of the government depends.
Large Majority Seen.
Its chances of success seemed
brighter tonight and if the Depu-
ties vote as they applauded, Pre-
mier Tardieu can count on a ma-
jority of from 50 to 100 votes.
Franklin-Bouillon directed his
attack at M. Briand for what he
called a "too .liberal policy," always
giving and never getting.
He opposed early evacuation of
the Rhineland, affirming that Ger-
man appropriations for military
purposes were enoag hto give the;
Reichs five times as strong an arm-
ament as the Treaty of Versailles
allows.
He declared that since the Treaty
was signed, the Germans have per-
fected roads facing the French
frontier, and motor transport sys-
tems that would enable them to
transport an entire army by auto
I mobile into French territory with
|great rapidity. He said that the
French had done nothing on their
side. M. Briand will-reply to Frank
I Olin-Bouillon's attack tomorrow
and the effectiveness of his speech
will have a great effect on the gov-
ernment's fate.
Reforms Introduced.
M. Tardieu departed from the
precedents of a score of years by
introducing an imposing list of
specific reforms the government in-
tended to carry out into the min-
isterial declaration, instead of gen-
eral promises. He even told what
the reforms would cost.
The opposition sat silent while'
he read his list to the applause of,
the right and the center. When he
had finished reading, the discus-
sion of the interpolation addressed
by individual deputies of the gov-
ernment began. Only five speakers;
out of a score scheduled had a
chance to attack the ministry, and
but one of these seemed danger-
ous.
M. Franklin-Bouillon, leader of
a s all group that seceded from
the Radical-Socialist party in 1929,
made a violent attack on former-
Premier Briand, who promises to bej
a general target for attack as Min-
ister of Foreign Affairs.
Ambassador Dawes
and Hoover Confer
on Naval Conference
(By Associated Press)
WASHINGTON, D. C., Nov. 7-
Ambassador Dawes concluded to-
night his conferences with Pres-
ident Hoover and officials of the
government regarding the forth -
coming naval conference in Lon
don, preparatory to sailing tomor-
row night on the White Star liner,
Homeric, for England.
The Ambassador and Mrs. Dawes,
and their daughter, Mrs. Melvin
Ericson, have been guests of the
President and Mrs. Hoover at the
White House for the three days
since they arrived from Chicago.
There Mr. Dawes had conferred
with officials regarding the planned
Chicago World Fair.
Accompanied by his brother, Ru-
fus C. Dawes, head of the commit-
tee working out plans for the Fair,
the Ambassador attended a brief
ceremony at the White House to-
day when the President issued his '
Ishbel MacDonald
Sp'aks on America
(By Associated Press)
LONDON, Eng., Nov. 7--"My im-
pressions of America" were related
tonight by Ishbell MacDonald at a
Labor meeting which overflowed
the Hampstead town hall and
caused her to make an address in
the open air as well as to those
who packed the structure.
"I was struck very much withl
the sense that we Britishers have'
been wrong in going to the United
States and Canada imbued with a
superiority complex and trying to
push our ideas on to Americans,"
she said. "I am afraid we have not
had very good people to represent1
us there in the past."
The daughter of the Prime Min-I
ister suggested that more English I
people out to go to the United
States and Canada for their holiday
trips. "Then we would have a bet-i
ter understanding than at present
between the two sides of the At-
lantic," she said.
PLANS FOR GAMES
NEAR COMPLETION
Student Council Will Officiate
at Freshmen-Sophomore
Contest Tomorrow.
CLASSES HOLD MEETINGS
at Banquet. Special Editor.
Two general assemblies and the Urgiig that the University Press
annual banquet this evening will Club of Michigan pledges itself to
bt the highlights of today's session assist in providing better and more
of the University Press Club of adequate quarters for the depart-
Michigan, now holding its eleventh ment of journalism, Louis A. Well,
convention at the Union. ditor of the Port Huron Times-
Full attendance of all members Herald and president of the club,
of th club, which includes most -opened the three-day session of the
of the editors of the state, is an-
ticipated for the remaining meet- organization at a general assembly
ings of the convention. , yesterday afternoon in the Union.
Prof. Edson R. Sunderland of the The Port Huron editor also pleaded
Law school will deliver the princi- for co-operation between the edit-
pal address at this morning's ses- ors of the state and the University
sion, which will begin at 9 o'clock,
on "The Judicial Council of Michi- n training students for profes-
gan." The other members of the sional careers as journalists.
faculty will speak before the after- "I hope that this club will con-
noon session. Prof. Jesse S. Reeves tinue its efforts to assist the depart-
of the political science department ment of journalism in raising the
will talk on "The Press and Inter-
I
f'
l
ialenational Relations," -andProf.H.standards of training for a news-
sophomore-frhe fagas at hL. Coverly of the economics depart- paper career, and in enhancing
sophomore-freshmen fal games at ment who will speak about "The public confidence in newspapers of
10 o'clock tomorrow morning on Tax Situation in Michigan." Michigan," Weil declared.
south Ferry field will be made to- Vandenberg May Attend. Follqwing Weil's address, Lee
day by the Student council w.ich At the annual press club ban- White of the editorial staff of the
annually sponsors the undercla& Quet this evening, Fielding H. Yost, Detroit News represented the ideas
struggle and by the leaders of the director of intercollegiate athlet- of W. S. Gilmore, managing editor
two classes.letics." Senator Arthur H. Vanden- of the News, on "Training the Re-
Leo F. Brown, '32, sophomore;Seao.AtuH.Vnn-,
captain, and arveyns, '3 mE berg hai been extended an invita- porter," to the convention. Gilmore
captain, and Harvey Bauss, '33E, tion to attend this dinner, though was unable to speak due to an ill-
freshman captain will today roundIhis final acceptance has not yet ness which kept him in Detroit.
out the organization of their re-,' been indicated...
spective classes, in preparation for . George H. E. Smith executive Advises Long Training.
a spirited representation Saturday secretary of the League of Nations "Mr. Gilmore would advise young
morning, they stated last night. 'association, is scheduled to speak aspiring journalists to join the staff
With the aid of numerous lieu- this morning- on "Shifting Propa- of a small city newspaper after
tenants the class leaders -have ap- ' ganda." This speech and that of n s
pealed to all members of theirprofessor Sunderland will be sup- graduation, said White. The city
classes for a large turnout backed Profed y aunerand wislobe dup- editor of a metropolitan, harrassed
plemented by a series of short dis-
by plenty of class spirit. The hold- cussions on academic phases of by getting out an edition of his
ing of secret msas meetings by the journalism, led by A. L. '=iller, edi- paper each hour of the day, is
two groups has also enlivened the for of the Battle Creek Enquirer- prone to pigeonhole the raw cub
runderclassmen for the struggle. News; Stuart H. Perry, editor of reporter, and deprive him of much
The two classes will meet at 9 the Adrain Telegram, and Arthur needed training. In the offices of
o'clock tomorrow morning at the 'W Stace, director of the Michigan a small newspaper, the young jour-
campus to march to the Ferry fieldPublic Utilities Information bu- nalist not.only receives personal at-
reau. tention from the editor but he also
assemble at Waterman gymnasium. This noon private luncheons will i obtains more varied news' gather-
while the freshmen will meet on ging'experience, and a broader ac-
the Union steps. Before starting1 be given by the Associated Press j n eprec, n rae c
I and the League of Dailies and quaintance with the mechanical
the parade down State street the Weeklies. and business sides of publishing a
underclassmen will daub themselves
with paint of appropriate colors. Many Talks Scheduled. newspaper. This experience, is in-
red valuable, and is, in fait, a prere-
The sophomores will use red paint, At this afternoon's meeting, in quisite for consideration as a pros-
while the first year students will addition to the two addresses by pect for the staff of a city news-
be fitted ont in green. Professor Caverly and Professor I paper."
The freshmen will be the first to Reeves, George F. Milton, editor of I White further declared that it
leave for the scene of the battle. the Chattanooga News, will talk ; was Gilmore's conviction that much
They will be followed immediately on "Making New of Interest Inter- I of the responsibility for clearing
by the sophomores, among whose esting." Following this, H. H. the profession of hanger-on and
ranks will be the traditional fall Whiteley of Dowagiac, Len Figlt- *'dissolute bums" belongs to the
games band. ner of Nashville, and C. O. Monroe schools of journalism, because they
Official plans for the games have of South Haven will conduct short have induced more eligible young
been made under the direction of discussion groups. men and women to seriously con-
Richard Cole, '30, senior council- The toastmaster of the banquet sider newspaper work. "In addition
man. South Ferry field has been in the evening is Louis A. Weil, to this," White continued, "while
staked out so that the various con- editor of the Port Huron Times six years ago there were 67 per cent
tests can be conducted in a more Herald and president of the press of our editorial staff who were col-
or less orderly fashion. On reach- club. Louis Wiley' of the New York lege educated, at the present time
(Continued on Page 2, Col. 5.) Times will speak on "The Newspa- approximately 99 per cent of the
per's Duty." editorial staff have received some
FEW DIRECTORIES LEFT Saturday's program will consist i sort of formal college education."
AFTER YESTERDAY'S SALE of a single session in the morning' Cooperation Needed.
devoted to committee reports, elec- In closng, White disclosed a plan
There are a few copies of the I tion of of-iers and recommenda- which Gilmore has formulated for
Student Directory remaining tions. Following the football lunch- the the solution of the deficiencies ex-
from the sale yesterday. They eon after the general assembly, t isting between the training pro-
can be obtained at the Student delegates of the convention and 'vided by schools of journalism and
Director office in the Press their wives will be given, compli- e ryquiemens of bi metropoli
building, on Maynard street. mentary admissions to the Har- tan newspapers "Gilmore hopes
Business Manager, Directory. ard-Michigan football game some day," White declared that
guests of Director Yost__ _ there will be a special city editor on
SOPHOMORES WILL WREAK WRATH every large paper who will have
ON EA LI GS ON LACK RIDA Y charge o directing the work of the
ON Y E AR LINGS _N_ BL_ AK___R_ AY___ inovice at reporting. Through this
and omet dsirs fr rvene. he aid the cubs will receive the. per-
What the freshmen concocted at and foment desires for revenge. The sonal, intensive training that they
their meeting last night in the chance for revenge will come with must have, and it may be extended
shadows of East U and Oakland { the games tomorrow, but until over as long a period of time as the
avenue is not known; but meet I then the frosh will remain down- individual case demands."
they did, in greatquantity, in an- trodden and subdued.g After White's speech, a sympo-
ticipation of today's horrors-the Unless-unless last night's meet- slum was given by the staff of the
terrors of Black Friday. ing resulted in plans that will alter department of journalism, led by
Woe to the unwary frosh that the usual pro edure on Black Fri- Prof. John L. Brumm, head of the
wanders alone on campus today, day. department and secretary of the
for on Black Friday the Sopho- press club, who outlined the pur-
mores awaken their dormant wrath pose of the department as being to
and wreak it upon the lowly year- O u-ater professionalize journalism.
lings. The veneer of kindness which Last evening, the Regents ban-
has covered the latent rage of the quet was given for members of the
t" a- +o u hJlu 'n - . . - ..i " - -- nah aid+teirin nr'
PRESS CLUB URGES DEVELOPMENT
Of JOUNLS TRAINING SCHOOL;
TWO GENERAL ASSEMBLIES TODAY
Prof. E. R. Sunderland to Speak
This Mornipg on "Judicial
Council of Michigan."
GEORGE SMITH TO TALK
Director Yost Expected to Speak
on "Men and Athletics"
Gilmore's Ideas on Journalism
Expressed Before Press
Convention.
LEE WHITE MAKES TALK
Thinks Cub Reporters Should
Have Training Under
i
is that the college is apt to be a
modern, experimental place, inso-
far as it gives most of the students
their first opportunity 'to cut
loose.'"
"The makers of the moral stan-
dards in campus life, for the most
part, are the fraternities and so-
rorities and other intimate groups'
which exercise considerable in-
fluence on the students. In order,
that some control may be exercis-
ed, the University may regulate
these moral problems by advice,.
hygiene, or discipline."
SOPHOMORES ARE URGED
TO ATTEND FALL GAMES
Every man of '32 should be out
at 9 o'clock Saturday morning at
Waterman gymnasium, to pre-
pare for the parade to Ferry
field. The class won last year
and it should keep up its drive
,and make a clean sweep as the
class of '30 did. Let's everybody
come out to win.
L. F. Brown, '32, Captain
t
PROF. SLOSSON SUMS UP PROBLEMS
TO BE DISCUSSED AT NAVAL PARLEY
(This is the first of a series of interviews practically every previous attempt
with faculty men on leading topics of current at disarmament, are now at a mm-
history). a israetarnoatam-
Concisely summing uip the "why" ,imum, according to Professor Slos-
of naval disarmament, the inter- I son, who characterizes them as
national question to be settled at "technical and detailed." Two ex-
the impending Five Powers' naval amples of minor problems were
conference next January in Lon- given as "whether the British Em-
don, Prof. Preston W. Slosson of pire should be permitted extra!
the department of history yester- cruiser strength in view of the scat-
day explained that "The question tered character of its territories,
of naval disarmament is really this: and whether the submarine should
How much insurance does a na- be wholly abolished in view of it
tion need to carry with its present possible employment against mer-
risks?'" Ichant marine traffic." America
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