SIX
THE MICHIGAN DAILY
United States Is
Increasing It s
Silver Purchase
Treasury's Report Shows
Sharp Rise In Foreign
Silver Buying
Give No Explanation
Radi PicureShog-cli'g Assass i lloingiShoti
Inflationary Talk
Heard In Wall
Causes Concern
Being
Street
WASHINGTON, Oct. 12. - () -
A sharp increase in the purchase of
foreign silver has been made by the
treasury department, it was disclosed
in official sources today.
The disclosure comes at a time
when the government's monetary pol-
i y commands increasing attention
because of inflationary talk in Wall
St. There was no official explanation
for the move, but Congress meets in
January and if the faster pace of
buying were maintained until then, it
might help forestall criticism from sil-
verites in Congress.
The silverites favor a vigorous pur-
chasing program to attain the goal set
by the silver legislation passed at the
last session. This provides that even-
tually silver shall attain a ratio of
one-to-three with gold a backing for
the nation's currency.
More To Be Bought
If purchases were continued at the
pace of a few weeks ag, the buying
program probably would extend over
two years or more. Approximately 1,-
000,000,000 ounces have yet to be ac-
quired before the one-to-three ratio is
attained.
When President Roosevelt national-
ized domestic silver, estimates of the
amount of metal that order would
bring to the treasury ranged as high
as 200,000,000. The receipts to date,
however, are only about 94,000,000
ounces, and treasury officials said they
did not expect them to go much
higher.
Though there are various conflict-
ing opinions as to the possible effect
of this silver program, advocates of
increased use of the metal in the
monetary system have contended it
would increase commodity prices and
property values.
Higher Prices Needed
President Roosevelt feels that some-
what higher prides are needed. This
was made clear Wednesday and as
traders studied the declaration Thurs-
day, attempting to guage the possi-
bilities, bullish sentiment caused
stocks and commodities to advance.
Two other incidents Thursday at-
tracted the attention of the monetary-
minded, although observers could not
determine just what they mean. If
anything.
1. Prof. George F. Warren visited
the White House. He is a leading ad-
vocate of the theory that devaluing
the dollar increases the price of goods.
Officially, he merely lunched with
the President to report on a recent
tour he made of Europe.
2. Senator Bulkley (Dem., Ohio)
after calling at the White House said.
that further devaluation of the dollar
is not an "impossibility." The remark
was made recently under a stream of
questions from reporters, and he
denied talking monetary policy with
the President.
Scout Rumors
Published reports that officials are
considering a plan to reduce the con-
tent of the silver dollar were scouted
in informed treasury circles today. Al-
though the President has such power,
there was said to be no indication
that he intends tQ use it.
Under the Thomas amendment to
the AAA, he is empowered to cut the
silver's content to any extent neces-
sary to "stabilize" domestic prices.
The gold reserve act also conveyed
authority to reduce it in proportion
to any decrease in the dollar's gold
content, without reference to price
levels.
If this were done, and the mone-
tary value raised from $1.29 an ounce
to a higher figure, correspondingly
less silver would be needed to achieve
the one-to-three ratio.
Complete Plan For
R.O.T.C. Rifle Team
Organization of the rifle team of
the Unive:!sity R.O.T.C. was an-
nounced today by Capt. R. E. Hardy,
of the military science department.
Captain Hardy will coach the team,
which will be composed of sophomore,
junior, and senior members of the:
unit. No team captain was elected
at the close of competition last year.
The 1933-34 team set up a better
than average mark for this year's
team to try for. They placed eleventh'
out of 70 competing in the Hearst
Trophy contest last year, and fifth
in the corps area. This fall, appli-'
cations have already been made for
entry into both of these events. Plans
-Associated. Press Photo
This Associated Press radiophoto, rushed by plane from Marseilles to London and sent by radio to New
York, shows the scerne of King Alexander's assassinaticn a split-set'ond after the fatal shots had teen fired.
The assassin may b~e seen on the running bcard of the royal car, hobdino his arms about his head to protect
himself against the saber of the mounted officer at left.
Landscape Design Graduates
All Hold Jobs, Survey ShowsI
The fact that all men, graduates of
the landscape design department are
now actively engaged in some kind of
professional work in this field was
announced in an interview yesterday
by Prof. Harlow Whittemore, head
of the department.
The department, Professor Whitte-
more pointed out, also has quite a
number of calls for men graduates
and cannot fill the positions at pres-
ent. 'In addition a number of stu-
dents who have already found work
as landscape foremen and designers
have put off returning to the Univer-
sity for this year. A considerable
number of graduates are now em-
ployed by the government in both
State and national developments sup-
ervising the work of such organiza-
tions as the CCC and FERA.
For example, 56 of them are em-
ployed in Michigan State parks alone,
four in the Great National Park in
Tennessee, and others are scattered
all over the United States employed
iil diverse fields of landscape design.
Arthur Stellhorn, '33, and Don
Walp, '33, are now filling the impor-
tant positions of directing the layout
and development of the new Roose-
velt State Park in North Dakota. Pro-
fessor Whittemore opined that this
job is a tremendous undertaking and
will require much time and labor as
the park is about 60 miles in length,
running along the Little Missouri
River. This project is under theCCC
and was originated so that the farm-
ers and their families would be reliev-
ed from the terrible drought condi-
tions which now exist in that region.
Three more men are employed in
High Russian
Churchman Is
Slain In Home
Archbishop Found Dead
As Villa Burns; Inquiry
Opened As To Death
RIGA, Latvia,Oct. 12 - --Doc-
tor Pommer, archbishop of the Rus-
sian orthodox church, was found slain
in his villa early today.
The villa was ablaze when a fire
brigade found his body, covered with
straw. Doctor Pommer was a strong
opponent of Bolshevism. Police have;
made no arrests in the crime.
The archbishop's body was badly
burned, but a wound was clearly vis-
ible in the forehead.
Police opened an inquiry to deter-
mine whether he had been killed for
political reasons or personal venge-
ance. It was considered possible also
that he had been slain by a burglar
who might have beenhsurprised in
the act of robbing the home.
The archbishop, whose full name
was Johann Pommer, was to have ap-
peared today as chief witness in a
suit against several persons accused
of embezzling church funds.
Firemen said virtually all furniture
in the residence, located in a Rig
suburb, had been smashed before the
house was set afire.}
Mathematical Club Elects
the Tennessee Valley project in land-
planning and improvement work.
Russell Ratcliffe, '33, and Jeff Conger,
'33, are directing the work of 10 CCC
camps in soil erosion control in the
lands about the proposed lake of the
Norris Dam.
Their work is also to help relocate,
on suitable lands, the farmers who
Bombs Destroy
Spanish Rebel.
T r oopTrains
MADRID, Oct. 12 -OP)- Spain's
air attack on rebels in the mountain-
ous province of Asturias was described
as highly successful in dispatches to-
day from the north.
A troop train carrying insurgent
Emmons And
Morrison Back
From Capital
Two Men Chairmen Of
Committees On Highway
Research Board
Professors Roger L. Morrison and
Walter J. Emmons of the transporta-
tion engineering department have re-
cently returned from a meeting of the
Highway Research Board, a division
of the National Research Council,
held in Washington, D. C., last week.
The meeting was attended by the
main committee chairmen of the
board, Professor -Morrison being
chairman of the highway transporta-
tion economics committee, and Pro-
fessor Emmons heading the project
committee on the correlation of re-
search in mineral aggregates.
Founded By Lincoln
The National Research Council is
a subsidiary of the National Academy
of Sciences, an instiution for the ad-
vancement of scientific progress
founded by President Lincoln in 1863.
In 1916 the Academy offered its serv-,
ices to President Wilson in case the
United States should enter the World
War, and out of this movement the
National Research Council was es-
tablished in 1918.
The perpetuation of the Council
was insured by a decree from Presi-
dent Wilson, and in 1920 its activi-
ties broadened to include what is now
the Highway Research Board. The
activities of the Board are devoted
to the coordination and advance-
ment of scientific knowledge concern-
ing highway transportation facilities
throughout the country.
Elected Vice-President
Professor Morrison attended earlier
in the week a meeting of tpe Institute
of Traffic Engineers in conjunction
with the National Safety Council.
He was elected vice-president of the
Institute. At the.meeting results of
the nationwide city traffic survey
conducted under the FERA were dis-
cussed, and ways and means of con-
tinuing the survey were considered.
The traffic survey now being con-
ducted here in Ann Arbor is a part
of this national city traffic survey.
Inlay Study Begun
In Dental College
In connection with the new specifi-
cations laid down by the Bureau of
Standards, Dr. Marcus L. Ward, for-
mer dean of the School of Dentistry
and at present head of the metallurgy
department, is carrying on an exten-
sive study of various amalgams to be
used as fillings.
In an interview yesterday, Doctor
Ward explained that the market is
being flooded with so many different
types of amalgam that manufacturers
must have their products approved
before they can be sold. The metal-
lurgy department, through its modern
testing equipment, is acting as a con-
sultant fora number of these con-
cerns, he said.
Among the other experiments tak-
ing place in the metallurgy laboratory
is one dealing with the amount of
adhesion of the cement used with
gold inlays. Another study is being
made to test the durability of rubber
and rubber compounds.
_.
are to be bought out in order to flood reinforcements to Mieres and Oviodo,
the river valley. among the last rebel strongholds, was
The department also boasts of three destroyed by bombs from government
graduates who are heads of landscape planes.
departments in other state colleges Madrid was informed there were
and universities. These . are in Ore- 100 dead and injured as a result.
gon, Wisconsin, and Pennsylvania. More than 300 bombs have been
Four others are directors of land- dropped on leftist strongholds in theI
scape extension work in Indiana, Wis- mining districts, army leaders said.
consin, Maryland, and New York, Infantry forces have had difficulty
respectively. penetrating theregion because re-
_____________ treating rebels are blowing up roads
and bridges and taking all provisions
il o S owith them. Time bombs were left in
some instances.
1At home the government offered
L ndin - M eet protection to workers who would re-
turn to their posts in defiance of the
eCiyt general strike, launched with the ex-
At City Airport tremist revolt a week ago.
Students To Compete For,
Prizes In Plane Contest
This Sunday
A spot landing contest for airplane
owners and students of the Univer-
sity will be held again this Sunday
at the Ann Arbor airport.
This meet, J. E. Downs of the air-
port explained, is one of a series!
which were begun last Sunday when
a straight spot landing contest was
held.
The winner in the last contest
among the owners was Otto Haisch
who flew a Waco. In the handicap
student contest, Fred Hunt was
awarded first prize and Henry Wight-
*man won second place. The students
both used Great Lakes Trainer and
Aeronca planes which were furnish-
ed by the Ann Arbor Air Service.
The meet this Sunday will be some-
what of a deviation of last Sunday's
type of spot landing but the type of
approach will be announced at a later=
date, thus causing contestants to
practice all types of spot landings.
The prizes that will be given in the
owner class will consist of five dollars.j
In the student class for first prize
the contestant will be allowed to take
the plane.up for a half an hour; sec-
ond prize will be one quarter of an
hour in the ship.
Other contests to be held in the
near 'future will consist of bomb-
dropping and figure eights as well as
spot landing.
Seven-Year-Old Boy's
Body Found In Trunk
JERSEY CITY, N. J., Oct. 12 -UP)I
- A blue-overalled seven-year-old
grammar school boy, John Feeney, Jr.,
was found strangled today and cram-
med into an old trunk in a small,
ramshackle squatter's shack near the
abandoned bed of the Morris canal.
The rope with which the little boy
had been strangled had apparently
been picked up in the dumps sur-
rounding the shack. It was lighter:
than ordinary sash cord, and had
been twisted tightly about the boy's
neck several times. A physician
GREEN RE-ELECTED
SAN FRANCISCO, Oct. 12 -UP)-
William Green was re-elected presi-
dent of the American Federation of
Labor for his eleventh consecutive
term at the organization's fifty-fourth
annual convention here late today.
CRITICIZE WILLIAMS
SAN FRANCISCO, Oct. 12 -UP)-
Clay Williams, chairman of the new
NRA board, was criticized by the
American Federation of Labor today
for what was said to-be his "biased,
unfair and inconsiderate position."
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