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February 25, 1933 - Image 1

Resource type:
Text
Publication:
The Michigan Daily, 1933-02-25

Disclaimer: Computer generated plain text may have errors. Read more about this.

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showers, some-

Q~g Sir iga

tl

300 May Remain
versity ; The Pee
Amendment.

XLIII No. 104

. ANN ARBOR, MICHIGAN, SATURDAY, FEB. 25, 1933

PRICE FIVE (

._..

r-I

-mak

Ne Power At Capitol

lants To

Sustain Heart

is Report' Mayor
ling His Own In
git; Family Near
leep Is Aid
freshing HiM
;ement Is Offered
tis Becomes Less
He's 'New Man'
la., Feb. 24.-(EP)--Stim-
administered tonight to
i Cermak to sustain the
S flagging heart, weak-
ssassin's bullet and the
necessity of stimulants
t that nourishment is
y injection through the
ling physicians said he
n and some features of-
rn t"

Democrats Of
State Choose
Election Slate
Noisy Convention Names
Spring Candidates To
Duplicate Fall Success
Patronage Row Is
Settled Peaceably
Debo Re-Elected Chairman
Of Central Committee;
Loyal Deis To Get Jobs
GRAND RAPIDS, Feb. 24.-(t/)-
In a noisy, enthusiastic state conven-
tion Michigan Democrats tnda'vy

2 New Plans
For Relief Of
Banks Drawn
Transferable Certificate
Proposal Is Made By
Banking Commissioner
Says Idea Is Still.
In An Early Stage
But Passage Of Pending
Legislation Is Necessary
To Segregate Assets
LANSING, Feb. 24. - (/P)-Two
plans for easing the Michigan bank-

/I

Aw.ociatcd Press Photo
The ower which Hiram Johnson,
senior senator from California, and
veteran exponent of progressivism,
will wicld during the next adminis-
tration was illustrated in his dicta-
tion of the choice of Harold A. Ickes'
as secretary of the interior.
43 In Literary
College Make
All-A Records

red today and
room, emerging
but steadfastly
that he would
k was refreshed
, they described
and Dr. Frank
and one of the
said "it is un-
vement he has
,ak during the
al bulletin said:
xpectancy was
night definitely
he has on the
and some fea-
ment.
ere and he has
rt is being sus-
and fluids are
ins." '
urns5
f Japsu
ichuria

ese Mali
of intcj-
Japanes,

use Delegates Leave
eva After Unanimous
sure By Assembly
EA, Feb. 24.-(/P)---The As-
f the League of Nations with
us voice today pronounced
condemnation of the Japan-
churian policy as a violation!
national covenants, and the
c delegation in protest im-
y withdrew from the As-,
walking out in a body.
e Matsuoka, the chief Tokio
announced in rejecting the
judgmnent that Japan could
r co-operate with the League
hinese-Japanese differences,
d, however, that his Govern-
sired to continue "co-oper-
the work dedicated to world

15 Part - Time Students
Have Perfect Grades;
12 Per Cent Drop Noted
Forty-three full-time students
made all "A" records in the literary
college last semester, according to
a report yesterday by Prof. Daniel L.
Rich, director of classification. Fif-
teen part-time students with similar
records brought the total number of
literary students with perfect records
to 58.
The number of all "A" full-time
students is 12 less than last year.
They represent 1.19 per cent of the
total number of students enrolled
in the literary college. The list of
the students, with their classes and1
home towns, follows:
Robert Osborne Barstow, '33, Mid-
land, Mich.; Grace Irene Bartling,
'36, G1enview, Ill.; Bruce James Bas-
sett, '36, Detroit; Ellen Jane Cooley,
'34, Newtonville, Mass.; James Kob-
litz Davis, '36, Cleveland Heights, O.;
Ruth Edna Dietrich, '33, Cleveland,
0.; Ruth Frances, Duhme, '34, St.
Louis, Mo.; Anna Katherine Ehren-
feld, '35, Ann Arbor; Donald Barnett
Elder, '35, Ann Arbor; Dorothy S.
Gies, '36, Ann Arbor.
Anne Grace Goss, '33, Ann Arbor;
Saul Bernard Gusberg, '34, Newark,
N. J.; Josephine Sedgwick Hadley,
'36, Ann Arbor; Florence Elizabeth
Harper, '36, Detroit; Miriam Jane
Highlcy, '33, Ann Arbor; Robert
James Janda, '35, Aurora, Ill.; Sam-
uel David Lipky, '36, Detroit; Olga
Lucile Loppenthiem, '35, Ludington,
Mich.; Alan V. Lowenstein, '33, New-
ark, N. J.; Kenneth Kingle Luce, '34,
Elko, Nov.
Mary Elizabeth Lunny, '35, Ann
Arbor; John Albert Mockle, .'35, De-
troit; Edward Rabb Nell, '33, Detroit;
Elcanor M. Putney, '33, Ypsilanti; I
Faith Lillian Ralph, '33, Oak Park,
Ill.; Sydney Lewis Rosenthal, '34,
Chicago; Annette Bradford Rudolph,
'34, Detroit; Alexander Peter Ruth-
ven, '33, Ann Arbor; Jacob Louis Ry-
cus, '34, Detroit; Frances Luther
Sage, '33, New Castle, Pa.
Carl Hart Schaaf, '34, Ft. Wayne,
Ind.; Harold Robert Schmidt, '34,
Pittsburgh; Mildred Louise Shapley,
'36, Cambridge, Mass.; Elizabeth
(Contiiniecd on Pa e 2)
Merchasnts Will
Accept Checks
On Trust Funds

VJb y ing emergency were under considera-
nominated a slate of candidates tion in conferences ere today.
which they hope to repeat in the From Rudolph E. Reichert, state
April election their victory of last banking commissioner, came the no-
fall. tick that he was considering a pro-
Although trouble brewed in pre- posal for banks to issue transferrable
convention conferences, it melted certificatesnagainst frozen assets.
away when standpat party leaders Sen. Herbert P. Orr, of Cairo, an-
expressed the fear that dissension nounced a plan calling for the organ-
would defeat the party ticket. Pro- ization of a state reserve bank to
tests from up-state delegations that handle deposits of out-state institu-
patronage had not been dispensed tions.
fast enough by W. Alfred Debo, Reichert said that the transferable
chairman of the state central com- eicheplandwas oe traseral
mittee, were stilled when Gov. Wil- certificate plan was one of several
liam A. Comstock, Attorney General under discussion i conferences being
Patrick H. O'Brien, and other state held in his office Iwith banking lead-
officials pleaded for patience. O'Brien ers. He emphasized the plan had not
oialspladed fo pasce O'Bries proceeded beyond this stage. It also
promised that as soon as changes peupssteeateto ed
can be made, good, loyal Democrats presupposes the enactment of pend-
will be given jobs in Lansing. segregate their frozen assets.
Debo Re-Elected
The proposal would permit banks
Debo. was re-elected chairman. No to isecriiae gis hi
othercandiatewas advanced on thefrozenuassets which would be trans-
floor although previously Congress- ferable and acceptable for oblga-
man Michael J. Hart and others had tions. The certificates would expire
threatened to oppose him. Only mild as soon as the bank assets were liq-
contest developed in the nominations. uidated.
A platform was adopted advocating
new bank legislation and immediate The plan is similar to a national
nebash yenitionhsoldier bonu. currency proposal advanced by Hugh
cash npayment of the Aoldiersbong A. McPherson, of Howell, former
The convention, fearing. division onstate banking commissioner. His plan
the issue mighthwreck the prevailing calls for a temporary and modified
harmony they had worked so hard inflation with member banks of the
to promote, took no action on Gov. federal reserve issuing currency
Comstock's pales and gross income against -their assets. As soon as the
tax bill. The resolutions committee assets were liquidated, the currency
cautiously shelved the proposals of would be withdrawn.I
indorsement, as Arthur J. Lacy, one
of the governor's advisors, has said COMPLETE DETAILS FOR BANKS
he does not favor such a levy at this DETROIT, Feb. 24.-(/P)-Comple-
tion of detailed plans which will
Convention's Candidates make possible formation of two new
Candidates named by the conven- banks to take over the liquid assets
tion were: of the Guardian National Bank of
State highway commissioner, Mur- Commerce and First National Bank
ray D. Van Wagoner, Pontiac en- in Detroit was forecast here tonight
gineer. as groups of officers, directors and
Superintendent of public instruc- depositors of the two banks engaged
tion, Dr. Paul F. Voelker, president in a series of meetings.
of Battle Creek College. Officers estimated that if the pro-
Justices of the supreme court, posal can be completed approximate-
George E. Bushnell, Highland Park, l 50 per cent of deposits in the two
and Edward M. Sharpe, Bay City. banks immediately would be avail-

Indiana Prohibition
Law Repealed By
Senate; House Next
INDIANAPOLIS, Feb. 24.-()-
The Indiana Senate today passed by
a vote of 30 to 16 a bill repealing
the State prohibition law and setting
up machinery for the control of the
sale of beer in event that the Na-
tional Congress modifies the Volstead
Law. The measure already has passed
the House, but must go back to that
body for concurrence in Senate
amendments.
Passage of the bill carries out a
Democratic platform pledge. Indiana,
since 1925, has had what has been
generally declared to be one of the
strictestaState prohibition statutes in
the United States.
Gov. Paul V. McNutt, a week ago,
predicted that the Indiana law would
be repealed. The measure cannot
reach the Governor's desk until to-
morrow and possibly not before Mon-
day. After he signs the bill, members
of the Legislature say that the State
dry law no longer will be effective,
since the new law becomes operative
immediately insofar as the repeal
provisions are concerned.
Applause came from the gallery
when announcement of the vote was
made.
Welfare Work ,
Discussed By
Finance Group
No Positive Action Will Be,
Taken On Charity Work
During Banking Holiday
The finance committee of the Com-
mon Council, meeting yesterday aft-
ernoon to discuss what measures
should be taken to continue welfare
work during the extended banking
"holiday," decided to take no posi-a
tive action until the situation wasE
somewhat clarified. The committee'
was hopeful that the banks would be
able to open on a better than 5 per1
cent basis in a short time.!
As the matter nw stands, the city
is able to use of its total deposit forr
relief work, only 5 per cent. This
will be sufficient to. carry those de-
pendent upon the money for a short
time, at least, the committee believes.
All checks written to city employes
during the first eight days of the
"holiday" are now coming back to
the city treasury and new ones,i
drawn on the recently created "trust
funds," are being signed in their
place. It is not believed that 5 per
cent of the city's total deposits wills
cover all these checks, but those in
charge of the city's finances antici- i
pate that there will be some change
in the situation shortly.
Whitney To Testify In
Market Investigation
WASHINGTON, Feb. 24.-- (/ -
Richard Whitney, president and out-
spoken' defender of the New York
stock exchange, today awaited hisr
turn to testify in the senate investi-
gation of National City bank market
transactions.
Why he was called before the bank-
ing committee was not explained by
Chairman Norbeck. He has been un-
der subpena since last year followinga
extended testimony in April. c
The committee received informa-
tion Thursday that the National City
Co. undertook to control the market
in stock of its parent, National CityI
bank, and at times was selling shorti
in that stock.

Notes

Regents Hear
Relief Demand
Of Delegation
Board's Meeting Invaded
By Student Agitators;
Relief Clause Saubbed.
Marching to the old Law Bilding
as a protesting unit, a delegation of
five students yesterday afternoon in-
terrupted the Board of Regents'
meeting to present to that body two
"demands" for the betterment of
conditions among needy students of
the University. The delegation hadl
been picked a few minutes beforel
from a mass meeting on the Library
steps.
The first "demand," calling for a
moratorium on student tuition note
payments until Oct. 1 of this year,1
was termed by the regents as prac-
tically identical with their own pol-
icy. The second, demanding funds
for student relief, was flatly refused.
Moratorium Ideas Alike "
Herbert G. Watkins, assistant sec-l
retary of the University,' said thatx
the moratorium "demand" as spon-
sored by the delegation, might have
been copied from a reent report of
the regents. He announced that the
regents would deal individually with
student debtors, and those debtors
who were "all right" scholastically
would be granted a virtual morator-
ium until October. Regent James O.
Murfin's 'comment was that the dele-
gation "would have done better to use
'ask' instead of 'demand.' "
The delegation's second "demand,"
that relative to student relief, was
termed "unreasonable" by the re-
gents, who added that "thought and
consideration" were necessary beforel
action along those lines could be con-
sidered. Suggestions proffered by the
delegation to raise relief funds were
as follows:
Fund Suggestions
1. That all salaries on the Univer-
sity pay-roll of over $7,500 be im-
mediately cut to that figure, the re-l
sultant saving to be used for relief.
2. That 50 per cent of the athletic
fund be appropriated for needy stu-
dents.l
3. That an additional tax be levied
by the Legislature on higher incomes
in order to provide additional relief.1
The "demands" presented to the
regents climaxed relief agitation by
a Committee for Student Relief,
formed Wednesday night at a meet-
ing in the Union. The Committee
claims the support in their projectc
of campus Church Groups, the Co-
operatives, the Michigan Socialist
Club, the National Student League,
certain undisclosed members of the
faculty, fraternities, and Independ-
ents.
PERSONALITY HINT
MARSHALL COLLEGE, Feb. 24.-
"A girl covers up three-quarters ofl
her personality when she wears a
coat," says the head of the public
speaking department of Marshall1
College. Whether the professor wasa
speaking literally or figuratively, ora
whether he spoke from experience or
research is still a matter for specu-
lation.j

By

Regen

i

Students Grante
60-Day Holiday 0

Ruthven Says Moratoria
Will Be Extended Up'
End Of This SchoolYe
Wherever It Is Necessa

A 60-day moratorium on the d-
ferred tuition notes which fell due
two weeks ago will be granted after
personal interviews witlh. the several
hundred students holding them, the
Board of Regents decided at Its reg-
ular meeting yesterday afternooi. A
quorum secured at the last minute
made the meeting possible after a
previous announcement had said It
was to be postponed.
"Where necessary, the notes will be
extended up to the end of this schoo
year," said President Alexander' 9.
Ruthven, explaining the actloni . on
the adopted by the board, eachstudent
will have an interview within- the
kins, assistant ecretary o ti t-
versity, who is in charge of the d
ferred tuition notes; Th oeuable to
pay the remainder will have their
notes extended for 60 days. I at:the
expiration of that time they - are
not paid up, another ox .. ,
be granted allowing thm toS fis.h
the semester.
No Payments-No reits .
"Credits, however, cannot be grant-
ed," Dr. Ruthven said, nor can the
students enter the University for a
subsequent term until the accounts
have been paid in full.
The regents a ceptd a 6ontrbu-
tion of $1,00 voted by the Amieri-
can Council of Learned oeltees as
a contribution to the expenses of tie
Middle English DictionAry in pr
aration here. It will be used for the
period Feb. 1, 1933, to Jan. 31, 1934.
Dean Edward H. Kraus and Mrs.
Kraus and Dr. Edward T. Ram dell,
of Capac, Mich., established a fel-
lowship in memory of Margaret
Kraus Ramsdell, wife of Mr. Rams -
dell, to be known as the Marga"et
Kraus Ramsdell Fellowship in Re-
ligion. The fund consists of $15,000,-
and the annual incomo will be $750.
The first fellow will be appointed in
1934-35. The object of the fellow-
shiP is to assist a student of Meth-
odist afilliation who has been active
in, the First Methodist Episcopal
Church of Ann Arbor or Wsleyan
Foundation to pursue graduate
studies here or abroad in religious
education or in preparation for the
ministry.
Additional Gifts
Other gifts accepted by the regents
were $2,500 from the Upjohn Com-
pany of Kalamazoo to be used be-
tween now and June 30, 1934, for
research in the pharmacy college on
preparation of mercury antiseptics
under the direction of Dr. F. - F.
Blicke; $500 from the University Re-
search Club for a loan fund for grad-
uate students, preferably candidates
for the doctor's degree; $500 a year
for two years from the trustees of
the Cranbrook Foundaiton for a tray-
iling fellowship in architecture; $200
from William P. Harris, Jr.,of De-
troit, to continuefor this semester
the William P. Harris fellowship in
the Museum of Zoology,; $75 from
Mrs. H. B. Earhart to form an emer-
gency fund for needy students to be
administered by the Dean of Women;
and $50 from the Birmingham group
of alumni to be added to the general
loan fund,
Dr. - Carl P. Tuber was granted a
six-months leave of absence begin-
ning March 15. The board adopted
resolutions of regret on the deaths
of former regent Benjamip fHanchett
of Grand Rapids and Prof. Charles
W. Cook of the geology department.
CORtRECIIN
Tau Uclta Phi fraternity has not
gone out of existence, as was stated
in The Daily yesterday through an
error in a report, but is in good ft-
nancial condition, according to au-
Mln xi- n!" ..n t k -- v -- n -n r nkn.

Delinql
Talk

Credits To
Until Com
Of Accou
New Fell

11 .
no
on

peace."
Japan's Vote Ineffective
The session developed one of the
most intense dramas of the history of
the League. Voting by nominal roll
call, the Assembly piled up 42 voices
to support the grave indictment of
Japan contained in a report on the
the Manchurian situation drawn up
by a special committee.
Delegates and spectators evidenced
a state of high nervous tension at
the conclusion of Matsuoka's address.
His peroration was:
"I beg you to realize the facts and
see the vision of the future, to deal
with us on our terms and give us
Your confidence,"
The mass walkout of the Japanese
delegation passed without demon-
stration. Many delegates and spec-
tators sceemed surpr~ised at the 'un-
announced withdrawal of the Tokio
representatives from the meeting.
Formal Break is Forecast
Mr. Matsuoka's farewell statement
contained no expressed threat of
complete break with the League, but
his delegation's gesture generally was
interpreted in Gncva as a prelimin-
ary to giving notice of resignation
from League membership in the ne t
few weeks or months.
Tonight Matsuoka and his colle-
agues arracgd to quit Geneva for,
Japan. For the present the Japan-
ese delegation to the Disarmament
Conference, held under League aus-
pices, is not retiring, as no definite
instructions to that effect hnv hn

Regents of University of Michigan,
Charles P. Hemans, Detroit, and
Frank Cook, Hillsdale, defeating Wil-
liam B. Cochrane, Iron Mountain and
William L. Walz, Ann Arbor.
State board of agriculture-Ben-
jamin F. Halsted, Petoskey, and
Charles Downing, Ypsilanti.
State board of education, Mrs.
Earl Wilson, Saginaw.
Ratification To
Be Fouorht By
Michigan Drvs
State Allied Forces ,For
Prohibition Aroused By
Possibility Of Repeal
LANSING, Feb. 24.-(P)-Michigan
dry forces today laid plans to fight
the ratification of the prohibition re-
peal amendment in this state.
Representatives of the Allied Forces
of Prohibition for Michigan, some-
what aroused over the possibility of
action on a ratification convention at
the April election, met here and call-
ed a rally of their workers to meet
here March 14. Resolutions were
adopted opposing the Heidkamp bill
proposing a ratification convention.
Committees were appointed to draft
a program for the forthcoming pro-
I hibition meeting and a temporary or-
ganization was named.
Former lieutenant Gov. Luren D.
Dickinson, of Charlotte, was named
temporary chairman. Other officers
chosen were: vice-chairman, Judge
. J. Millinrton. of Cclillnc: sonre-

able for withdrawal. The
of the sums on deposit
freed for withdrawal as
possible.

Formation of the two new, entirely
liquid banks would tend to improve
banking conditions throughout the
state, bankers here believe, and would
hasten solution of the existing cur-
rency problem.
Under plans being worked out,
large deposits in the two banks would
furnish the initial capital to launch
the two new banks in business. A. G.
Awalt, comptroller of the currency
at Washington has designed the con-
dition under'which such a plan would
be approved by his department, and
lawyers for both banking groups
worked throughout the day putting
the proposed set-up in shape to meet
is requirements.
Pontiac Mayor
Is Acquitted Of
Fraud Charges
PONTIAC, Feb. 24.-P)-Mayor
Harry Mitchell and A. J. Shillaire,
city purchasing agent were acquitted
of charges of conspiring to commit
election frauds, by a Circuit Court
Jury on its first ballot Friday after-
noon.
The jury retired at 2 p. m. and re-
ported with its verdict at 3:15. One
juror said that they could have re-
turned in 10 minutes if they had de-
sired.
Prosecutor Arthur P. Bogue said
Friday night that he would decide
whether a perjury indictment stand-
ine, nainst Mit-chel wouil hndis-

remainder
would be
rapidly ;as

Wood Calls Hitler 'Wild Mani';

Ann Arbor bankers were gratified'
yesterday over the manner in which
the city's citizens were acting under
the 5 per cent withdrawal limit. Dur-
ing the first day of the restrictionsl
deposits actually exceeded withdraw-
als, and it was thought that a simi-
lar pleasing condition was true yes-s
terday.
Business in the city proceeded as
usual, although merchants could ac-
ept checks only when they were
draw i on the "trust fund" accounts.
Tiese accounts, bankers reiterated,
are 100 per cent liquid and checks
may be drawn on them and cashed
a' onv-m

i
,
s
EI
i
I
,i
.
*,
a

Iwhlichl
sociolo
day af
mentin
recent
ernmeu
Prof
from
and th
tries,t
served
ditions
"Hit
standa
Prof ess
done u
politica
ler as
v, .-l

Sees Dark Future For Liberals
By A. ELLIS BALL many as far as liberal ideas are con-
bad" were the two words ccrned," Professor Wood stated.,
Prof. Art-ur E, Wood of the "Hitler seems to have leanings to-
igy department, used yester-I ward socialism, but on the other
ternoon in an interview, com- hand, in many instances he sohows
ig on Chancellor Adolf Hitler's contrary leanings. He opposes bank-
invasion of the German gov- ers and advocates a national bank-
nst. ing system by the state. He also
essor Wood recently returned stands up against chain stores.
ai five-i-onth trip in Franle# "It remains to be seen whether he
.e north Europe teutonic coun-I can oast members of his cabinet to
during which he keenly ob- ca Nazi m be tohcompletely
the political and social con- make a Nazi cabinet to completely
of Germany from all angles. carry out his plans.
ler's action is very under- PIrofessor Wood turned to speak of
ble, yet very unfortunate," German universitics, drawing his 1i-
sor Wood said. "Little could be lustrations from impressions of the
nder the present economic and University of Freiburg where his son,
al situation." He described Hit- Kendall, '34, is studying now.
"a kind of wild man" whose He pointed out that scholastically
,"f l n""^o -. - - - 1. fln r nr P t~ snv il nc. -, - - A - - a -r f n. m._ .-

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