THE MICHIGAN DAILY TUESD ,HE MICHIGAN DAILY Established 1890 Published every morning except Monday during the University year and Summer Session by the Board In Control of Student Publications. Member of the Western Conference Editorial Associa- tion a71 the Big Ten News Service. sociated (loncjtat ttrez £1933 _WONA - vm*Ae 1934 = MEMBER OF THE ASSOCIATED PRESS The Associated Press is exclusivelr entitled to the use for republication of all news dispatches credited to it or not otherwise credited in this paper and the local news published herein. All rights of republication of special dispatches are reserved. Entered atthe Post Office at Ann Arbor, ichigan, as second class matter. Special rate of postage granted by Third Assistant Postmaster-General. Subscription during summer by carrier, $1.00; by mal $150. During regular school year by carrier $3.75; by mail $4.25. Offices: Student Publications Building, Maynard Street, Ann Arbor, Michigan. Phone: 2-1214. Represe'tatives: College Publications Representatives, Inc., 40 East Thirty-Fourth Street, New York City; 80 Boylston Street, Boston; 612 North Michigan Avenue, Chicago. EDITORIAL S TAFF - Telephone 4925 MANhGLNG EDITOR..........THOMAS K. CONNELLAN CITY EDITOR....................BRAC LEY SHAW EDITORIAL DIRECTOR............C. HART SCHAA SPORTS EDITOR...................ALBERT H. NlWMAN WOME'S EDITOR.....................CAROL J. HANAN NIGHT EDITORS: A. Ellis Bll, Ralph G. Coulter, Wil- 11am G. Ferris, John C. Healey, E. Jerome Pettit, George Van Vleck, Guy M. Whipple, Jr. SPORTS ASSISTANTS: Charles A. Baird, Donald R. Bird, thur W. Carstens, Sidney Frankel, Roland L. Martin, Marjorie Western. WOMEN'S ASSISTANTS: Eleanor Blum, Lois Jotter, Marie Murphy, Margaret D. Phalan. REPORTERS: Ogden G. Dwight, Paul J. Elliott, Courtney A. Evans, Ted R. Evans, Bernard H. Fried,. Thomas Groehn, Robert D. Guthrie, Joseph L. Karpinski, Thomas H. Kleene, Richard E. Lorch, David G. Mac- Donald, Joel P. Newman, Kenneth Parker, William R. :Reed, Robert S. Ruwtch, Robert J. St. Clair, Arthur S. Settle, Marshall D. Silverman, A. B. Smith, Jr., Arthur M. Taub, Philip T. Van Zile. WOMEN REPORTERS: Dorothy Gies, Jean Hranmer, Florence H rper, Marie Held, Eleanor Johnson, Jose- R hie McIean Marjorie Morrison, Sally Place, Rosalie esiick, Mary Robinson, Jane Shneder. BUSINESS STAFF Telephone 2-1214 BUSINESS MANAGER...........W. GRAFTON SHARP CREDIT MANAGER..........BERNARD K. SCHNACKE WOMES BUSINESS MANAGER..........'.... ... ........... .... CATHARINE MC HENRY DEPARTMENT MANAGERS: Local Advertising, Fred Her- trick; Classified Advertising, Russell Read; Advertising Contracts, Jack Bellamy; Advertising Service, Robert Ward; Accounts, Allen Knuuz; Circulation, Jack Ef- roymson. ASSISTANTS: Meigs Bartmess, Van Dunaki, Milton Kra- mer, John Ogden, Bernard Rosenthal, Joe Rothbard, James Scott, David Winkworth. WOMEN'S BUSINESS STAFF Jane Bassett, Virginia Bell, Winifred ell, Mary Burley, Peggy -Cady, Betty Chapman, Patricia: Daly, Jean Dr- bam, Minna Giffen, DorisGmmy Billie Griffiths, Janet Jackson, Isabelle Kanter, Louise Krause, Margaret Mustard, Nina Pollock, Eliabeth J. Simonds. NIGHT EDITOR: RALPH G. COULTER No Paper Inflation. L T H O U G H inflation is often thought of only in connection with the printing of paper money, it can be accom- plished iI any of a number of ways affecting the total volume of means of exchange, both hand-to- hand money and credit. Credit expansion and contraction, an increase or decrease in total means of exchange, is a continual process and one which should take place in response to business needs in any satisfactory monetary system. Such expansion and contraction should be for the pur- pose of maintaining a stable price level. But when expansion becomes arbitrary, is made an instru- ment to serve the government and not business, and goes to the extent where the price level is forced sharply up, it has become inflation. In war and post-war days European countries struggling to balance their budgets resorted to in- flation of the most extreme type. With taxes and other income insufficient to meet the enormous expenditures necessary at the time, these nations turned to a policy of paying their bills by print- Mg large quantities of paper money or by bor- rowing from their central banks. Most persons are aware of the disastrous results to government credit of such policies. While the present administration's monetary policies are professedly inflationary, it is hoped by most economists that they will not prove so violent as to throw the monetary system into complete confusion and destroy confidence in gov- ernment credit. It was feared for a time that the government might retire its bond issue which ma- ures Dec. 15 with newly-printed paper money, one of the inflationary means used by European countries after the war. Recently, however, it has been announced that the bonds will be paid off through a new issue, on assurance that the government will retain its obligations and not liquidate thews by printing paper money. The fact that the government also continues to sell its bonds in the open market provides some- thing of a test of their value. When European countries sold their bonds directly to central banks, it was a means of borrowing that was drastically inflationary. With these assurances that the government in- tends to adhere to a sound monetary and fiscal policy, its credit status has improved in the last few weeks rather than declined, and its first issue washeavily over-subscribed the first day. The President has done much 'to inspire confidence in his understanding of the present complex economic situation and his intention of maintain- ina an nimniaired gofvrnment credit v.a* Musical Events THE MESSIAH IN REVIEW SUNDAY was a day full of music apropos the- Christmas season. The chiefest of these here in Ann Arbor was the performance of the Messiah in Hill Auditorium. Perhaps you were one of the fortunate people to whom the work was new; for whom there is always a thrill no matter how it is done; for whom a disappointingly worked out performance has no draw-backs if the "spirit" is there. If so, then the Messiah was for you a thrilling spectacle. It should have been, with the Choral Union the size it is, with the University Symphony on the up- grade, with soloists capable of doing wonders with the score, and with an audience of five-thousand strong, in an anticipatory and receptive frame of mind. Perhaps it was only I who missed the perfection of intonation, the fullness of tone, the resonance, the balance of choirs in both orchestra and Choral Union. (Were there any basses? The altos seemed to be sure of themselves most of the time.) The new choruses, part two of the Oratorio, were more carefully sung by the Choral Union, than those which were familiar from previous seasons, the Hallelujah included. The laurels for the soloists go to Thelma Von Eisenhauer, for her consistent good singing. All the artists were in complete sympathy with their texts, if their presentation faltered at times. The recitative "Thy rebuke hath broken his heart" was Mr. Hackett's best, easily sung and infinitely restrained. "He shall feed his flock" was the nicest of Miss McClafiin's airs. Mr. Lindegren's air "Why do the Nations So FFuriously rage?" thoroughly sung, was lost in the fury of the or- chestra raging against him, or words to that ef- fect. But don't be disheartened, the Messiah is a per- renial that cannot be downed by inadequate per- formances. And the thing about this one is that it won't happen again. More effective, it seems to me, were the works in which there were contrasts of tone, organ, harp, violin and cello for instance, where the tonal qual- ity of one instrument sets off that of another. In the harp ensemble, the one-ness of tone, there is nothing to counteract, and the type of music chosen could not be all-inclusive. Perhaps Miss Pfohl and her students will be available for other concerts of this type, which, though they reach a very limited audience, are entertaining and pleas- ing. The orchestra in connection with the Student Fellowship meetings gives small concerts every Sunday nite. Mr. Lyle Shumate, is the conductor and director. A CHRISTMAS PROGRAM THERE'S still music in the air. At the Congregational Church Sunday night, an innovation in Christmas programs was brought to my attention. It seems that a small unit of the University Symphony Orchestra is connected with the Sunday Night Student Fellowship organiza- tion. These students make up the nucleus of the musical organization, which has in addition, at least it had for this program, a harp sextet, a trombone quartet and a junior choir. The pro- gram was played without pause. There's the in- novation. It contained all the usual Christmas songs, "O Little Town of Bethlehem," for instance, ar- ranged in conventional part-writing for string or trombone quartet. The interest of the evening as far as the audience was concerned was in the participation of the harp. The sextet, headed by Ruth Pfohl, presented secular numbers, a Debussy Prelude, a Salzedo Prelude, and a descrip- tive piece entitled Carillon. The service was really quite lovely, both for its music and for the symbolism of the candle-light- ing around which it was built. Campus Opinion Letters published in this column should not be construed as expressing the editorial opinion of The Daily. Anonymous communications will be isre- garded. The names of communicants will, however, be regarded as confidential upon request. Contribu- tors are asked to be brief, confining themselves to less than 500 words if possible. "A FRIEND OF SANITY" IS ALSO WRONG To the Editor: - According to the lengthy article, signed by "A Friend of Sanity", the "Quaker" is silly; his state- ments are the result of a hatred; charges against Nazis are ridiculous; the committee which met in England was composed of men who hated Nazis; visitors of Germany assure him that stories of mob violence against the non-Nazis and the Jews have been greatly over-exaggerated, and that the German people do endorse Hitler. "If "Quaker" erred by believing the British agents, "A Friend of Sanity" erred as much or more by believing Nazi propaganda. A book was just published by a graduate stu- dent at our University who has spent one year in Europe and recorded her very interesting experi- ences. The reader will find in this volume the gallery of present day history makers; Hitlerites, Bolsheviks, Poles, Jews, dictators (Mussolini, Le- nin, Stalin, Trotzky, Litvinov, Pilsudski, Horthy, Kemal), czarist generals, Fania Kaplan, a young' Jewess who shot Lenin, Clara Zetkin, "the aged priestess of the Red International, and the only strong 'man' that the German Communists had." Prof. C. L. Meader, in his prefatory note, calls the author "the unprejudiced young woman." In my opinion, she is very unprejudiced. Her types of "ghetto" dwellers are excellent. Her stories ex- plode the theory that eastern jews in the man- ner so characteristic of them, speedily gained a foothold in the business and professional life of Germany." There are two countries east of Germany: Po- this, just as they cannot be blamed for most crimes committed by the junkers and their hench- men. "Hitler is a small insignificant man. The Junkers gave him temporary power to do the dirty work. They expected to obtain a spectacular, in- ternational effect, but, instead, there is a com- plete fiasco." This is the quotation from "In the Clutches of the Jews" by Marie Z. Gwiazdowska. Unfortunately, this book cannot be purchased in Ann Arbor book stores. They declined to sell it, according to my information. I would be glad to loan my copy to "A Friend of Sanity," if he will mail his address to Mitchell, 308 Maynard. And let me quote once more from the same source: "Minds and hearts, science and culture must go hand in hand," then hatreds, jealousies, massacres, pogroms, and wars will diminish. - J. Mitchell Screen Reflections -B-- recommended; two stars, average; one star, inferior; Four stars means extraordinary; three stars definitely no stars, stay away from it. AT THE MICHIGAN **"THE LATE CHRISTOPHER BEAN" Abby .......................Marie Dressler The Doctor............Lionel Barrymore Mr. Rosen .................. Jean Hersholt Mr. Davenport ................H. B. Warner If you are recuperating from a good cry pre- cipitated by the superb "Little Women," Marie Dressler will do you good in this amusing and rather hysterical story of a deceased artist's works, which after his death became famous, valuable, and scarce. The play begins with the discovery that Christopher Bean spent several years in a certain household in Massachusetts, did some painting there, and was linked up with the hired girl. Three New York art dealers rush up there and compete with each other in the discovery and attempted purchase of the canvases. The country doctor and his family at whose house the artist had lived are, of course, ignorant of the value of the paintings, and when they are asked to see them, have to look in the attic and the barn (where they have put some of them in the roof to stop leaks), and all the other amus- ing places where they have discarded the long forgotten canvases. But Abby, the maid, knows more about them than anybody and has the ar- tist's masterpiece, a portrait of herself, in her room. Soon everybody is dickering for the paint- ings, all trying to keep Abby ignorant of the whole proceedings. The plot works up to a very ex- citing climax, and keeps the audience amused from the beginning to almost the end. The only major fault to be found is that the picture is strung out a little too much in the end, the pur-. pose being to show a little of Marie Dressler's near-slapstick comedy which is not necessary. The advance ballyhoo of this picture called it Marie's Birthday picture, and praised her to the skies as the grand old lady of the movies etc, etc. It would not be strange if the public were becom- ing a bit tired of all this. But the fact remains that she is good, and her rather stereotyped com- edy roles containing a vein of sentimentalism are worthwhile. And this one is supported by an ex- ceptional cast, including Lionel Barrymore, whose interpretations are nearly always impeccable. It should appeal not only to the Marie Dressler- Lionel Barrymore fans, but to art lovers, and to those who like comedy of the somewhat hilarious sort accompanied by a certain amount of genuine interest. Collegiate Observer A professor at the University of Detroit declared, "If I were to say, 'I had money, that would be the past perfect tense; but if I were to say, 'I would have money', what tense would that be?" "Pretense," suggested a back-of-the room wit. * * * According to Shakespeare: - Freshmen . . . Comedy of Errors. Sophomores. . . Much Ado About Nothing Juniorsi . . . As You Like It. Seniors . . . All's Well That Ends Well. An examination at the University of Mississippi asked for the principle parts of any Latin verb, A non-too-bright student replied: "Slippeo, slap- pere falli, bumptus. The returned paper had these words, falio, failere, fluncto, suspendum. * * * Columbia University reporters questioned peo- ple on the street and discovered that five out of six men think that college students are loafers. The sixth spoke only Chinese. * * * From a co-ed on a nearby campus we get the following: It isn't the men in your life that count, but the life in your man. * * * The president of the University of Southern California says that a college freshman has only about one-half of the vocabulary of the common laborer. "Swell," he says, "is used to describe 4972 situations." Co-eds at Colorado University were given the hint, so may I gently remind you: Make your smile a little sweeter, Cuddle closer in his arms, Comb your hair a little neater, Don't neglect to use your charms. (He doesn't have many more shopping days until Christmas !!!) * * * The co-eds at Vassar recently sued a candy company for making a kind of candy known as Vassar Kisses. * * * Dancing, card playing, and smoking were ban- end by an official edict at Williamette College, Salem, Oregon, when petitions for rescinding a two-year rule banning student dancing were re- jected by the university board. THIS CHRIST"A Smith-Corona THE PORTABLE TYPEWRITER Smith-Corona is the fintest porta- ble ever built. Modern lines, quiet, all improvements. The ONLY port- able with 'piano key"action and thze famous Smith .Shift. "The Gift of Success"-a practical present which will help someone to attain his or her ambition. Success is once mored areality for those who are pre- pared for it. We are judged by what we write and how we write it. Corona has brought success to thousands. In college it means 10% better grades-in business it means at least 20% better salary. To be without a Smith-Corona,the portable typewriter, handicaps one's chances for success. Never were prices so low. Ask for free demonstration today. Corona Four for. merly $60 now $45. Complete with all conve. niences. Ovr#a 0. D. Morrill 314 South State Street THE TYPEWRITER & STATIONERY STORE Dealeri New L. C. SMITH, SMITH-CORONA CORONA FOUR NOISELESS UNDERWOOD REMINGTON ROYAL PORTABLES in a complete range of prices. Rebuilt and Reconditioned Typewriters of all makes. Since 1908 Phone 6615 Open Evenings 'til Christmas HER TDAY,, GONE TOMORROWI And you can't borrow one unless you're lucky! THOUSANDS of men are still trying to borrow a copy of the last issue of ESQUIRE-the magazine for men only. Those who were fortunate enough to buy one, did so the morning it came out. By noon most of the men's stores and newsstands were frantically re- ordering and, though we printed over forty thousand additional copies, that wasn't enough. Anyway, the second issue of the first and only general magazine for men is out today. And if you were one of those who got left at the post in the scramble for copies of the first issue (or even if you weren't) this is to offer fair warning that the first issue of ESQUIRE gave only a sort of budding notion of what this second issue is like. Ernest Hemingway, John Dos Passos; Gilbert Seldes, Morley Callaghan, Montague Glass, George Ade, Robert Buckner, Bobby Jones-all back! But, in addition, (slow down, big names ahead) we've included Emil Ludwig, Paul Morand, Louis Golding; Westbrook Pegler, Irvin S. Cobb, Dwight Fiske, Alexandre Millerand, Andr6 Maurois, Owen Johnson, Thomas Burke, Jack Dempsey, Louis Joseph Vance, and-well, this could go on forever-or at least for 160 large and lively pages of the most varied entertainment a man ever picked up between two covers-and couldn't lay down. There is actually the wordage-total of two popular novels in this one issue. Theretare over orty pages in color. There are full page cartoons galore. There are full-color pages of men's clothes that are men's clothes-not "fashions." (We mean, you can wear them.) As for the ladies, we have just one word of comfort. ESQUIRE makes a swell Christmas gift for any mai. With this issue it becomes a monthly-50 cents a copy, 5 dollars for a year's subscription. Esquire Publishing Company, Palmolive Building, Chicago, Ill. THE MAGAZINE FOR MEN On Sale at All the Better Men's Shops, Department Stores and Newsstands 4 1r( If You Are Going Home For Christmas Michigan Daily Classified Columns Can supply you with either rides or Passengers. . The Daily classified advertising columns are the most economi- cal and most efficient means of contacting the student body..0 CASH RATES. .. . . . .11cline £TJAPCV 14AT1?W 1 ~ga ius I I