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November 09, 1932 - Image 3

Resource type:
The Michigan Daily, 1932-11-09

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SDAY, NOV. 9, 1932


.. x as a1 a a a 1,A yi a V .I.a i f a! 1Y 1 L 1

Spe ehe s To:
Open C P. A.
Meetag Here
Eighth Annual Michigan
Accounting Conference
Will Begin Tomorrow
Ruthven Will Speak

Present Trends, Education
Will Be S ubjects Of
Talks By Executives
Public accountants of Michigan
will convene at the Union tomorrow
for the eighth annual Michigan Ac-
counting Conference, sponsored by
the Michigan Association of Certified
Public Accountants, the Michigan So-
ciety of Public Accountants, and the
University of Michigan School of
1usiness Administration.
The members will register at 9
a. m. and the first meeting will be
called to order at 10 a. m. with Har-
ld. L. Moran, of Detroit, presiding.
At this gathering there will be a
round table discussion, led by Mervyn
Walsh, on "The Amplification of Fi-
iancial Statements." The speakers
are expected to be R. E. Payne, Max
H~arrie, D. M. Kimball, and A. J.
To Discuss Business Education
At 2 p. m. Clare Griffin, dean of
the School of Business Administra-
taon, will address the gathering on
"Business Education in an Unstable
World." Following t h i s address,
George Bailey, of Detroit, will dis-
cuss "current Trends in Public Ac-
counting." The concluding speech on
this technical side of the program
will be by Alexander Wall, of Phila-
delphia, banker, and secretary of the
Robert Morris Associates, a national
association of bank credit men. His
topic will be, "The Importance of
Being Accurate."
A non-technical program, which, it
is believed, will be of more general
initerest than the purely technical
program, will feature an address of
welcome by President Alexander G.
Buthven at a luncheon for members
,and guests at the Union, a party for
the ladies in the Alumnae Room of
the Michigan League at 2 p. in., and
an informal banquet at 6:30 p. in.
Kohler to Speak
The feature address of the day will
be delivered at the banquet by Eric
Kohler, of Chicago, editor of the Ac-
Counting Review and former pro-
fessor of accounting at Northwestern
University, who will discuss "Trends
Toward Financial Standards."
It is expected that Mr. Koler's ad-
dress will deal with the need for
2%ndards in the financial practices
of pomoters and issuers of securities
end prospectuses, the necessity of
adequate a n d timely disclosures
therein, the demand for full and
complete puolicity of the financial
policies of corporations in the annual;
corporation reports, and the evolu-
tion of financial principles which will
i nevitibly follow such publicity.
Entertainment, at the banquet
%rhich will be concluded by 9:30 p. m.
-or the benefit of those who will be
driving home, will be provided by the
University Glee Club, the University
string Trio, and the Vagabonds.
Education Honor ociety
Initiates 13 at Banquet
Thirteen new members were it-
yated into Pi Lambda Theta, honor-
agry education society, at its annual
;Fall banquet last night at the Mich-
*gan League. Prof. J. B. Edmonson,
dtean of the School of Education,
;poke on "The Position of the Hon-
orary Society."
Those initiated are: Louise Hursh,
Frances Isabelle Unruh, Hazel G.
Woodley, Margaret Jean Brown, Har-
vey Inez Evans, Jane Beckett, Eu-
genia M. Provin, Marie Sisson, Doro-
tho A. Jackson, Frances E. McClel-
Uan, Glendora Gosling, Elizabeth May
£nyder, and Mary J. Chapman.

Always Appreciated

Incomplete Tabulation Of Roosevelt's Victory
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Michener H as
Lead Over Lehr
In Early Count
Washtenaw County Vote
Shows Large Republican
Advantage In Towns
(Continued from Page 1)
of Lehr. The vote stood, 30,193 for
Michener and 28,062 for Lehr.
Sheriff Jacob Andres was running
far ahead of the rest of the Repub-
lican ticket. Andres had 12,252 to
William Pommerening's 8,608. Frank
Ticknor, incumbent Republican, led
Sylvia Braun, Democrat, 12,457 to
9,568. In the race for the office of
register ofhdeeds, Frank Stampfler,
Democrat, led the Republican incum-
bent, Frank Cummings, 9,719 to 7,927.
Philip Pack, University athletic
publicity director, led his Democratic
opponent, Edward W. Staebler, for-
mer mayor of Ann Arbor, by the
smal lmargin of 6,949 to 6,662. An-
drew Moore of Pontiac was winning
the state senatorship from Lee Daw-
son, Democrat of Ypsilanti by a vote
of 14,183 to 8,379.
Both President Hoover and Gov-
ernor Brucker were leading in the
county. Hoover had a marginof 77,-
289 to 6,300. Brucker held a lead of
7,917 to 7,236 over Comstock.
The returns from Washtenaw
county were from 20 precincts out of
a total of 30. The city of Ypsilanti
was reported entirely but three pre-
cincts only had reported partially
from Ann Arbor.
Frances Johnson

Rosevelt Wins
As Democrats
To Opponent As State
After State Deserts Him
(Continued from Page 1)
Texas, home of Vice-President-
elect Garner, piled up a 198,477 vote
for the Democratic ticket aainst 25,-
822 for Hoover in 124 of the state's
254 counties.
Wisconsin went Democratic in a
big way, giving Roosevelt 324,894
votes to ,60,485 for Hoover in 1,272
of the 2,899 districts.
Knifing deeply into traditionally
Republican territory, Gov. Roosevelt
accumulated such a majority in
Tuesday' Jection that some sup-
porters of President Hoover began to
concede a Democratic v ory within
a few hours after the polls had
In New York alone, the figure was
so great before tabulation was com-
plete that Hoover's eastern managers
acknowledged the 4T electoral votes
lost to them.
The-Chicago Daily News and the-
New York Herald Tribune, both Re-
publican, conceded the election of
'Roosevelt and Garner.
It looked also as though the Demo-
cratic lead was carrying with it a
Congress of that party, there being
several overturns of Republican seats
in the House and none the other way.
At 9 p. in., eastern tine, The As-
sociated Press returns showed a pop-
ular vote of 2,611,754 for Roosevelt
and 1,613,251 for Hoover. These fig-
ures were fragmentary as to many
states; roughly they represented
about one-twelfth of the total pre-
cincts in the country. Their plurality
of nearly 1,000,000 for the Demo-
cratic nominee would become a final
plurality of better than 10,000,000
of the same ratios hield in later re-
Hoover held but eight at this time
-with the extreme west yet to be
heard from-Pennsylvania, Michigan,
Massachusetts, Rhode Island, New
Jersey, Vermont, New Hampshire and
The Roosevelt lead was piled up in
states having an aggregate of over
330 electoral votes, with only 266
necessary to elect. The Hoover figure
was 104 at this stage.

Roosevelt Will Bring Youthful
Atmosphere To White House

WASHINGTON, Nov. 8.-(/P)-
Franklin Delano Roosevelt will bring
to the White House, as thirty-second
President of the United States, some-,
thing of the atmosphere and outlook
of youth.
It is to be discerned in his voice
and his buoyant temperament, his
smiling approach to most of the
problems of life, his eagerness to
have a part in the active, stirring
current of life and of public service
-an eagerness that overrode even
the handicap of infantile paralysis
when it fell upon him in mid-career.
Mr. Roosevelt will not be the
youngest man to be entrusted with
the presidency. That honor goes to
his distinguished fifth cousin, Theo-
dore Roosevelt, who was 42 when he
was inducted into office at the death
of President McKinley.
Only 51 Years Old
Franklin Roosevelt will be little'
more than entered on his fifty-first
year when he is inaugurated. Eleven
of the thirty men who have preceded
him in that high office-Tyler, Polk,
Fillmore, Pierce, Grant, Garfield,
Arthur, Cleveland, Theodore Roose-
velt, Taft and Coolidge-were as
young or younger when they took
Yet this De'nocratic Roosevelt, de-
spite his phyical handicaps, has
youthful qualities that will stand
him in good stead in the task he
Through his two administrations
as governor of New York, no word
has ever come from the executive
mansion of the arduous labors he has
endured. On the contrary, he reached
out eagerly to deal personally with
every phase of state activity.
Like his cousin, Franklin Roose-
velt will bring to the White House
also an atmosphere of family life it
has not known since the days of that
other Roosevelt.
His own children are grown men'
and women, rearing families of their'
own except for the two younger lads,
who are well in their teens.
Was In Wilson Cabinet
The White House itself is an old
story both to the new President and
to Mrs. Roosevelt. They knew it long
ago, when she, herself a Roosevelt,
was favored among nieces of the late
President Roosevelt, and later when
they came to Washington to live for
nearly eight years during the Wilson
Franklin Roosevelt's office as as-

sistant naval secretary as then
just across the narrow strip of West
Executive Avenue, in the old War,
State, Navy building, perhaps 200
yards from the room where he is now
to sit as President.
It can hardly be doubted that Mr.
Roosevelt in those days was observ-
ingly conscious that he was himself
a humble factor in a careful process
of integration of conflicting party in-
terests and personalities with which
President Wilson began his term.
For Mr. Wilson built into his cab=
inet and "Little Cabinet" slate not
only a reflection of the broad out-
lines of his own political philosophy
and economic conceptions; but an
inter-relationship of factions and
groups within the Democratic major-
ities in house and senate designed to
facilitate a party legislative program.
Success Proved Before War
The success of his effort was at-,
tested by the legislative product of.
those first Wilson years, before the
world war intervened to divert the
course of peace time developments.
Young Roosevelt saw all that. As
state legislator and member of the
"little cabinet," he was an apt stu-
dent of practical politics. His own
primary and election campaigns this
year won him a reputation for po-
litical adroitness and understanding
among political observers. And as
president-elect and president he will
be called upon to exercise those qual-
ities to the highest degree.
The first test will come in selection
of his cabinet. To aid him as he sifts
the personal and political qualifica-
tions of those to whom he may offer
portfolios, Franklin Roosevelt will
have intimate memories of his first
official years in Washington, just 20
years ago.
Attempt To Wreck Train
Of Hoover Party Fails
ELKO, Nev., Nov. 8.-(A)-What
Southern Pacific officials said they
believed was an attempt to wreck
President Hoover's special train was
fustrated near Palisade, west of here,
last night, when a watchman sur-
prised and frightened away two men
carrying sticks of dynamite near the
railroad right-of-way.
Last night, just west of Palisades,
Nev., a bridge guard was shot in the
hand and his coat slashed.

Democrats Assured
Of Senate, House;
Old-Timers Beaten
(Continued from Page 1)
Franklin D. Roosevelt to victory had
virtually assured the Democrats today
of comfortable majoritiesin both
House and Senate beginning next
March 4.
By 2 a. m., the Democrats had won
three seats now held by Republicans,
sufficient to give them a bare control
of the Senate, and were leading in
most of the other contests.
Several old-timers in the Senate
Republican ranks already were beat-
en or dangerously close to defeat.
James E. "Jim" Watson, Republican
leader; Henry Bingham of Connecti-
cut; and Otis Glenn, of Illinois, were
all three out of the race. Reed Smoot,
Senate Dean; Thomas, of Idaho;
Jones, of Washington; Moses, of New
Hampshire; and Oddie, of Nevada,
were among those trailing their op-
Republicans had won only two!
seats in Vermont and North Dakota,
while the Democrats had added 14
to their 31 hold-overs.
The Democrats also added 15 Re-
publican scalps in the House to the
two they acquired in Maine last Sep-
tember as they headed for a real
working majority.
The representative Ruth Pratt, of
New York, was among the Repub-
licans who went down to defeat,
along with Rep. LaGuardia.

Roosevelt Rise To
Presidency T old
In Brief Summary
(By The Associated Press)
Milestones in the life of Franklin
D. Roosevelt:
January 30, 1882-Born at hyde
Park, N. Y., son of James and Sara
Delano Roosevelt.
June, 1904-Graduated from Har-
vard with degree of A.B.
September, 1904-Entered Colum-
bia University's law school.
March 17, 1905-Married Ana
Eleanor Roosevelt, a fifthcousin.
June, 1907-Admitted to bar.
1910-Elected to New York state
senate from Dutchess county.
March 17, 1913-Resigned as state
senator to become assistant secretary
of the navy by appointment of Presi-
dent Wilson.
July, 1920-Seconded nomination
of Alfred E. Smith as aspirant for
presidential nomination at San
July, 1920-Nominated for vice-
president on Democratic ticket with
James M. Cox.
August, 121-Stricken with In-
fantile paralysis at summer home,
Campobello, New Brunswick.
1921-24-In retirement fighting to
regain health.
July, 1924 - Makes nomination
speech for Alfred E. Smith at Demo-
cratic national convention in New
July, 1928-Nominates Alfred .
Smith as presidential candidate of
Democratic national convention at
Houston, Tex.
August, 1928-Nominated for gov-
ernor by New York state Democratic
November ,6, 1928-Elected gover-
nor of New York.
November 4, 1930-Re-elected gov-
ernor of New York by plurality of
July 1, 1932-Nominated for the
presidency by Democratic national
convention at Chicago.
Nov. 8.-Elected President.
Brief Intensive Courses
for Special Students
Typing . Spelling
Shorthand Letter Writing
Bookkeeping Penmanship
Complete Courses
Private Secretarial
General Business
Platoon plan of Instruction enables the
individual student to progress as fast or
as slow as his time and ability permits.
8 A.M.-6 P.M. 7 P.M.-9 P.M.
205 South State - Tel. 3330
- -- -

To Play Lead In
Meet The Wife'
Campus society and theatergoers
will flock to Lydia Mendelssohn
Theater, Friday, and Saturday nights
of this week to !- L'rmn farling's
comedy success "Meet the Wife."
Formals will be very much in evi-
dence at the premiere Thursday
night, and many students are plan-
nin- to attend the show before so-
rority and fraternity parties the fol-
lowing two nights.
Frances "Billie" Johnson, '33, pop-
ular artist of past seasons, is playing
the lead in the presentation. She is
assisted by Mary Pray, '34, Virginia
Roberts, '35, Jack Nestle, '33, Robert
Hogg, '34, and Max Bribil, '34.
Members of Theta Sigma Phi, the
women's journalistic society are to
assist at a tea from 3 to 5 Friday
%fternoon given by Mrs. J. L. Brumn'r
Mrs. W. H. Maurer, and Mrs. Haines
for the wives of the editors who are
attending the convention of the Uni-
versity Press Club of Michigan.


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