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May 28, 1933 - Image 1

Resource type:
The Michigan Daily, 1933-05-28

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The Weather
Generally fair Sunday; Mon-
day cloudy, probably showers.


£f4r4 igan

VOL. XLII No. 175


U U -

Open Fair In
Whirlpool Of
Color, Sound
Monument To Century Of
Progress Is Started Off
Before Crowd Of 25,000
Emissaries Of 38
Countries Present
Governor Horner, Mayor
Kelly Welcome Visitors
To Chicago Celebration.
CHICAGO, May 27.-(')-In a
whirlpool of color and sound, a "Cen-
tury of Progress" was dedicated to-
day by high dignitaries of govern-
ment, state and the city whose hun-
dredth anniversary it commemorated.
Representatives from 38 nations
took part in the ceremony.
As the warm May sun reached its
meredian, Postmaster General James
A. Farley, emissary of President
Roosevelt, faced the vast arena of
Soldier Field and before a crowd of
25,000 pronounced the exposition
open to the world. Overhead two
dirigibles drifted, Bombs burst and
showered the field with flags.
In behalf of the President, who
was prevented by press of national
affairs from attending the formal
opening, he said:
"Every convention of the peoples
of the world brings nearer the time
of mutual helpfulness, so I welcome
the celebration you are now begin-
ning. It is timely not because it
marks a century of accomplishment,
but it comes at a time when the
world needs nothing so much as a
better mutual understanding of the
peoples of the earth."
"I congratulate Chicago and its
guests and wish the Exposition un-
bounded- success-success as a show
but more success in helping to bring
about a binding friendship among
the nations of the earth."
Farley termed the exposition a
~ cohesive force In promoting inter-
national goodwill and lubricating the
channels of world trade.
The welcome of Illinois was ex-
tended by Gov. Henry Horner. He
recounted how the state, and par-
ticularly Chicago, had progressed
during the past century.
Mayor Edward J. Kelly explained
how the Worlds Fair was conceived
and how it was built through times
of stress. He congratulated its offi-
cials for accomplishing "what looked
Rufus C. Dawes, president of the
Exposition, said its purpose was to
"honor our fathers andeto instruct
our sons; to rejoice over the past;
to appraise the present and to pre-'
pare for the future.
Ann Arbor To
Go To Polls On
Charter Vote
Adoption Of Amendment
Necessary In Order To
Secure R. F. C. Loan
Ann Arbor citizens will go to the
polls tomorrow in a special election
upon a charter amendment which,
if passed by the required 60 per cent
majority, will place the proposed
sewage treatment plant upon a util-

ity and self-supporting basis.
The election was called by the
Common Council because in the reg-
ular spring voting, the people, al-
though they approved building the
plant with money borrowe from
the R.F.C., did not favor the amend-
ment to the charter. This amend-
ment is necessary before the R. F. C.
will loan the money, and unless the
proposal is passed tomorrow the
plant cannot be built, aldermen of
the council say.
Dependent upon the construction
of the plant are a large number of
welfare workers and their families.
The plant is the only method of
maintaining this group, according to
members of the council, and unless
the amendment is passed, and the
money borrowed, aldermen have pre-
dicted that the city will face a seri-
ous crisis among its welfare workers.
It is planned to borrow $550,000
from the R. F. C. With this money,
the city would build a plant of 5,000,-
000 gallon capacity. The money

Control Of Wages Essential To
Recovery, Says Prof. Peterson

"If it is true that the bottom of
the depression has been passed, that
part of the national industry recov-
ery bill relating to the promotion of
co-operation between industries will
probably not contribute substantially
to recovery," Prof. Shorey Peterson
of the economics department said in
an interview yesterday.
Such restrictions on production
and price-cutting as are permitted in
the bill would be of greatest use dur-
ing the down swing of the business
cycle, since demand is postponed as
long as prices may go lower, he said.
This hope of further decrease in
prices might have been reduced by
co-operation at that time.
Professor Peterson said, however,
that if recovery is under way, a great
deal is to be gained by making it
orderly, and the control of produc-
tion to remove the most distorted
price relationships, and the control
of wages to enable labor to share
promptly in improved business con-
ditions are important to an orderly
Commenting briefly on the second
part of the bill, which provides for
the appropriation of $3,300,000,000
for an extended program of public
works, he said that although it faces
the usual difficulties of a measure of
its kind, it will probably provide the
chief boost to business, if there is to
be one.
In making any comments on the
bill, he said, it is necessary to keep

in mind that it is an emergency
measure, designed to deal with ex-
ceptional conditions. and that its ef-
fective operation is limited to two
years, and also that since it simply
accords a broad blanket grant of
power to the President, there is no
way of telling what powers he will
use even if the bill passes. It is also
possible that some of the provisions
may not be upheld by the courts,
even on an emergency basis, he
"Now that modification of the
anti-trust laws is in prospect, but
with a large measure of government
supervision inevitable to such modi-
fication, it begins to appear that
many business people who chafed
under the anti-trust restrictions are
not sure they want any such change
as the present to become perma-
nent," Professor Peterson said.
"The restriction to which business
is subjected under the anti-trust
laws is unquestionably slight com-
pared with what would be necessary
if the proposed relaxation of them
were made permanent."
Professor Peterson characterized
the industry control bill as another3
measure whose extensive sweeping
character places it in the same cate-
gory with the emergency banking,
farm relief, and government re-
organization measures, which have
conferred on the President an un-
precedented degree of personal au-

Angna Enters
Will Present
Distinguished Dance-Mime
To Be At Mendelssohn
Monday And Tuesday
Dances Like An
Angel,' Says Seldes

Medieval Recitals
Rendered At

Will Be


Ma Edwards,
Captain Custis,
Will Be Feted,
Professor Hobbs Will Be
Toastmaster At Banquet
June 1 In The Union
In honor of Maj. Basil D. Edwards,
retiring head of the department of
military science and tactics, and
Capt. A. B. Custis, professor of mili-
tary science, a banquet will be given
at,6:15 p. m. Thursday, June 1, in
the Union, it was announced yester-
Prof. William H. Hobbs, head of
the geology department and a mem-
ber of the University committee on
military affairs, will serve as toast-
master. The event is planned as a
recognition of the exceptional service
which these two men have rendered
to the University Reserve Officers
Training Corps during the years that
they have been stationed here. Major
Edwards has been transferred to the
office of the assistant secretary of
war in Washington, while Captain
Custis is uncertain as to his next
post. It was reported that there is a
possibility he will be transferred be-
fore the time of the banquet, but
this is by no means certain.
Heading the committee planning
the banquet is Prof. Joseph R. Hay-
den of the political science depart-
ment. Professor Hayden is also presi-
dent of the Army and Navy Club of
Ann Arbor. He will be assisted by
Lieut. Stanley G. Waltz, assistant
manager of the Union, Capt. Ken-
neth L. Hallenbeck, Capt. Martin J.
Orbeck, and Capt. Carleton B. Pierce.
It is expected that among those
attending will be many members of
the University military affairs com-
mittee, of the faculty, of the Reserve
Officers Training Corps, and of other
local military and civic organizations.
Both students and tpwnspeople are
welcome, it was announced, and res-
ervations may be made with Lieu-
tenant Waltz at the Union.

Securities Bill Is Signed
By President Roosevelt
WASHINGTON, -May 27.-(A,)-
President Roosevelt put the protec-
tive arm of the government about
security investors to guard against
fraudulent issues that have totaled
the estimated sum of $25,000,000,000
in the last 10 years.
The legislation requiring full pub-
licity of new security issues to show
the public all pertinent data relat-
ing to the paper was signed by the
President with a statement that it
was aimed "to correct some of the
evils which have been so glaringly
revealed in the private exploitations
of the public's money,
Members of- the- Federal Trade
commission who will administer the
new act were at the White House
signing and immediately set to work
to prepare regulations to put the law
into- effect.
Motion Filed To Revoke
Life Sentence Of Reed
A motion for the court to set aside
the first degree murder plea and life
sentence of George Reed, slayer of
his former wife, and an application
for leave to appeal the case were
filed yesterday in circuit court by
Mark Howard, Detroit attorney.
Howard contends that Reed was
not guilty of first degree murder,
that the crime was not premeditated,
and that he was denied the right
of counsel until just a few minutes
before the arraignment. He further
claims that there is grave doubt
whether Reed was in full possession
of his faculties at the time of the
It is expected that the hearing will
be set for Saturday, June 3, although
Judge George W. Sample may set
any date he chooses.
Michigan State's baseball team con-
tinued in its late season slump today,
losing to Indiana, 10 to 3, in a loose-
ly played game.
State used three pitchers in a vain
effort to stop the Hoosiers.

Evening Performance
Unusual interest is attached to the
two recitals on Monday and Tuesday
evenings, May 29 and 30, in the Ly-
dia Mendelssohn Theatre, of the dis-
tinguished American dance-mime,
Miss Angna Enters, in her famous
"Compositions and Episodes in Dance
Forms." Miss Enters will be accom-
panied in both programns by Kenneth
Yost of New York City.
Miss Enters will present different
numbers at each recital. Her Mon-
day evening program will list 14
dances, including such light humor-
ous compositionsas "Delsarte-With
a Not Too Classical Nod at the
Greeks" which burlesques the "atti-
tudinizings" of dance "schools;"hher
richly comic parody of girl athletes
in "Field Day" to one of Sousa's
marches; and the gay "Contra
Danse" with its rich peasant flavor
to music by Beethoven.
"Miss Enters is Actress"
Gilbert Seldes, New York critic,
wrote of MissEnters' recent recital
at the Guild Theatre, saying,
"Angna Enters dances like an an-
gel. She is a dancer, yetsshe does
not always dance; she is an ac-
tress, but she appears alone; she
is an inspired pantominist; she is,
almost incidentally, a comedian.
beside whom Fannie Brice and
Beatrice Lillie are mere beginners."
In her recital on Monday evening,
Miss Enters will also present sev-
eral of the medieval dances on which
her greatest fame has been built.
These include- the "Moyen Age" to
music by Frescobaldi; the French
Gothic "Queen of Heaven" to music
by Gautier de Coinci; and the suite
of three dances from 16th century
Spain. The Spanish dances are
"Pavana," in which Miss Enters ap-
pears as a sullen young fury, going
through the conventional steps of a
dance while her thoughts are full of
murder; the "Auto Da Fe," present-
ing the persecution of the Jews dur-
ing the Spanish Inquisition; and the
wicked little "Boy Cardinal," which
is at once humorous and cynical.
Drama Cast Travels
While Miss Enters is dancing in
Ann Arbor, the entire cast of
"Springtime for Henry" will be trans-
ported to Grand Rapids for a mat-
inee and evening performance, May
29, at the Powers Theatre of that
Following Miss Enters' Tuesday
night recital, two final performances
of "Springtime for Henry" will be
presented in the Mendelssohn Thea-
tre, with Violet Heming, Tom Powers,
Rose Hobart, and the great English
star, Robert Loraine. On Thursday,
June 1, Noel Coward's "Design for
Living" will open for seven perfor-
mances, with Geoffrey Kerr, Violet
Heming, and Tom Powers.
Gail Appeals To
Fraternities To
Name Advisers
Fraternities should appoint as soon
as possible their adult financial ad-
visers as specified in the new frater-
nity plan recently adopted by the
Interfraternity Council, according to
Maxwell T. Gail, '34, secretary-treas-
urer of the council.
In an appeal to house presidents
last night, Gail stated that it was
necessary to have an adviser ap-
pointed at least before the end of
the semester so that the new plan
may be made to apply to the present
"There are many problems con-
nected with the administration of
the new plan," Gail said, "and we
have decided to ask fraternities to
submit reports for the present semes-
ter. Blanks for these reports will be
in the hands of house presidents

early next week."
No threat of action was, made last
night, but it is believed that the

Market Rises
Upon News Of
Gold Measure
Stocks Surge Upward As
Center Reacts To Bullish
Trading Influences
Wheat And Cotton
Show Good Gains
Over 4,000,000 Shares
Sold In 2nd Most Active
Day On The Exchange
NEW YORK, May 27.-()-Stocks
surged up from $1 to more than $10
a share today, and commodities ad-
vanced broadly as markets placed a
bullish interpretation of the govern-
ment's move to cancel the gold clause
in debt contracts.
The New York Stock Exchange
witnessed the second most active
Saturday session on record. Sales to-1
taled 4,311,340 shares, or at the rate
of more than 10,000,000 shares for a
full five-hour session. The only
larger week-end market occurred on
May 3, 1930, when 4,867,500 shares
changed hands. Final prices were
virtually the day's highest. Today's
last quotation appeared on the tape
41 minutes after the noon closing
Chicago wheat was up two to two
and one-half cents a bushel net after
onening about three cents higher.
Closing quotations on the New York
Cotton Exchange represented gains
of 85 cents to $1.10 a bale.
Whirling upward in an opening
that saw blocks of 1,000 to 25,000
shares change hands, the market
billowed still higher, pausing now
and then for profit-taking, but
swiftly absorbing sales.
Speculators in silver pushed that
metal sharply higher, the spot quo-
tation being 34% cents an ounce, up
one-fourth cent. The May sugar de-
livery on the Coffee and Sugar Ex-
change sold at 1.71 cents a pound,
the best price in three and a half
years; sugar futures closed with mod-
erate gains. Lead touched four cents
a pound, highest since 1931.
Michigan Net Team Ties
Ohio State At Columbus
COLUMBUS, O., May 27.-(Spe-
cial)-The University of Michigan
tennis team fought a hard battle'
with the Ohio State aggregation to-
day which ended in a tie, 3-3. Cham-
bers (O) defeated Nisen (M) 6-3, 6-4.
Appelt (M) defeated Poppleton (O)
5-7, 8-6, 6-1. Sandusky (M) lost to
Klymer (O) 5-7, 6-3, 6-2. Baldwin
(M) defeated Weiss (O) 6-4, 6-4. In
the doubles, Chambers and Klymer
(O) defeated Nisen and Baldwin
(M) 6-3, 2-6, 6-3. Appelt and San-
dusky (M) were victorious over
Poppleton and Fisher (O) 6-2, 6-2.
Chinese Professor To
Speak Here Tomorrow
Prof. Kusic Kim of the political
science department of Tientsin Uni-
versity, Tientsin, China, will speak
at 8 p. m. tomorrow in Natural Sci-
ence Auditorium, under the auspices
of the Chinese and Korean Students
Until recently Professor Kim has
been in Tientsin, the scene of action
at present in the Sino-Japanese

struggle. His lecture here will be on
"Recent Developments of the Chin-
ese-Japanese Crisis."

Prof. Carl L. Dahlstrom
Will Lead Discussion On
'Personal Values'
"The Reconstruction of Habits"
will be the title of a sermon by the
Rev. Frederick B. Fisher at 10:45
a. m. today in the First Methodist
Church. Dr. Fisher will discuss
habits in modern life with the de-
velopment of constructive living in
The Oriental-American group will-
be addressed at 3:30 p. m. in Harris
Hall by the Rev. E. W. Blakeman on
"Education in America." A discus-
sion on "Personal Values" will be led
by Prof. Carl L. Dahlstrom of the
engineering school at 6 p. rm. This
will be a continuation of the discus-
sion on the same subject last week.
"Religion and the Inferiority Com-
plex" is the subject on which the
Rev. Allison Ray Heaps will preach'
at the morning services at the Con-
gregational Church.
The Rev. Henry Lewis will preach'
at 11 a. m. at St. Andrew's Church
on "The Test of Leadership."
Tom Powers Will Speak
Today In Church Pulpit
Tom Powers, star of 'the Dramatic
Season, will take up a role entirely
new to him when he speaks at 10:45
a. m. today at the Unitarian Church.
When Mr. Powers received a re-
quest by wire in New York for him
to speak here, he wired back accept-
ance and stated that he would use
as a text "Bad Acting I Have Seen
in Pulpits." Much to his surprise, he
found when he arrived that he was
to speak on "The Theatre as a Crea-
tive Force." Mr. Powers said em-
phatically last night that unless
something stops him, his subject will
be "Bad Acting I Have Seen in Pul-
POONA, Ind., May 27.-(P)-Apart
from a slight return of nausea, the
general condition of Mahatma Gan-
dhi, on the nineteenth day of his
three weeks fast against "untouch-
ability," was good today, but he was
increasingly weak and seriously ex-

WASHINGTON', May 27.--(P)-
Profits of untold millions to the
house of Morgan through security
flotations and syndicate operations
were disclosed today in documents
obtained from the innermost files
of the banking house by Senate in-
They showed the Morgan firm re-
ported to the investigators gross pro-
fit of $18,284,908 from the sale of
securities alone during the five-year
period from 1927 to 1931, inclusive,
in addition to untabulated millions
on other operations.
Bare details of stock pools or syn-
dicate operations in which the Mor-
gan house participated hinted at un-
counted millions of additional pro-
fits, but the total could only be
guessedrbecause of the form in which
it was reported.
Committee investigators have gone
back of the figures presented by Mor-
gan and found additional profits
which will be totalled and submitted
later to the inquiry committee. The
Morgan reports showed them only as
shares still held.
A joint account in Proctor & Gam-
ble Company common stock from
July 1929 to June 1930 in which Mor-
gan's profits were $1,853,959 reveal-
ed the size of some of the operations.
A total of 186,900 shares were bought
and sold for the account.
The period covered by the figures
included two and a half "boom"
years and the same number of "de-
pression" years. Testimony before
the committee has shown that the
20 partners in the firm total income
taxes of $11,000,000 in 1929; $4,00
in 1930, and none in 1931. But the
profits revealed today were not di-
vided into years.
One of the most interesting docu-
ments was a summary of the opera-
tions of the so-called bankers pool
which went into the market in 1929
shortly after the collapse. It showed
the pool, listed under the name
"special expense account," made a
total profit of $1,067,355 of which
Morgan's share was $170,776.
Tung Oil Meet
Is Scheduled
For Wednesday
'Loquacious Lubricator' Is
To Be Named; Charms
Will Be Given Out
The Tung Oil banquet, annual
celebration of Sigma Rho Tau, Na-
tional Engineering "Stump Speakers"
society, will be held next Wednesday
night, May 31, in the Union. Many
speakers from the engineering fac-
ulty will be featured, among them
being Mortimer E. Cooley, dean em-
eritus of the College of Engineering
and donor of the Cooley cane which
is the highest award given out by
the society.
Representatives of the Associated
Technical Society of Detroit will pre-
sent awards to men who have done
outstanding work in the organiza-
A unique feature on the program
will be the presentation of the Cooley
cane by Dean Cooley himself. This
cane has had a remarkable history.
It was once one of a series of fence
posts designed to keep cattle from
wandering on the campus. Later
when the cattle no longer menaced
the college the posts were cut down
and made into canes. Only two of
these are in existence today, the one
which Dean Cooley presented to
Sigma Rho Tau and another which
is willed to the society upon the
death of the present owner.
Also at this time keys will be
awarded to men of high rank as
speakers and they will be elected to

full membership in Sigma Rho Tau.
Ten men who have made the
"stump" will be named.

Aiton Says Student Government
Should Control Definite Field

'Century Of Progoress' Exhibit
Demonstrates Telecraphic Art,

Student government can function
properly only when the student gov-
erning body has absolute control over
the definite field of activities which
is assigned to it, according to Prof.
Arthur S. Aiton of the history de-
partment, chairman of the Senate
Committee on Student Relations.
"In the sphere of activity which
is clearly the direct concern of the
students alone," Professor Aiton said,
"faculty intrusion is undesirable and
is likely to foster the belief that stu-
dent government is a sham."
Professor Aiton's committee has
been studying the problem of stu-
dent government for several months,
and has been on the point of pre-
senting a report to the University
Council on two occasions, external

to be made, the action was delayed
by the refusal of all candidates for
election to the Student Council at
the annual all-campus election to
run for office.
Professor Aiton stated that print-
ing of the University rules and reg-
ulations would be a forward step in
defining the jurisdiction of the ad-
ministration and that of the student
governing body.
University rules should be printed
and circulated among the students,
Professor Aiton stated, saying that
he believed such a move would be a
"forward step" in student govern-
ment, especially if the student gov-
erning body also drew up its code
of rules. A booklet of university
rules is issued at the University of

CHICAGO, May 27.-(Special)-A
"century of progress" in man's abil-
ity to communicate his thoughts by
wire is shown in the exhibit of the
Western Union Telegraph Company,
which was opened here today by
means of wire transmission of light
from the far-off star, Acturus.
Models show the trend of the tele-
graphic art from the'earliest experi-
ments of Joseph Henry in 1829 and
Samuel Morse in 1835 to the modern
high speed land-line and cable ap-
paratus of today. Many can be
operated by the visitors.
A bulletin ticker was constantly
printing direct from New York the

is between the two machines. As the
operator at "London" presses a key
of the sending machine, signals pass
at a speed of thousands of miles a
second through the cable and arrive
in "New York" within a second, be-
ing printed automatically.
Visiting dignitaries and patrons
will be treated from time to time
to a demonstration rarely seen by
the public, The cable instrument
will be "cut in" or connected with
actual cables direct from Chicago
to Europe, and messages will be ex-
changed instantaneously back and
forth across the ocean.
The cable receiving operator at the

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