AGE si THEMICHIGAN DAILY

1U. LNY ~L i V.V''. F.0L1.5/

Iu'ilding Plan
Is Discussed;
rof. Ratcliff Sees Added
Construction Impetus
(Continued from Page 1)

Fiddles His Way Out Of Prison

rd

of
a
of

tion, Professor Ratcliff attributed tc
efear on the part of business that the
government is in competition with
them, f
"This fear is unfounded," he
claimed. "It has been asserted by
many administration officials that
the government is in the building
business only until private initiative
can prove how efficient it is in the
low housing line." Until now, he
said, business has been noticeably de-
ficient here.
Under the present setup to finance
home building, t h e prospective
builder or home owner goes to his
private bank which issues a mortgage
to him (step 1) after the Federa]
Housing Administration, satisfied
that the investment is warranted and
safe, endorses and insures it (step 2)
The bank, if it seeks cash, takes the
mortgage to the National Mortgage
Association, a private organization
under government regulation, which
buys the mortgage and, in turn, issues
bonds based on them (step 3).
The proposed legislation would af-
fect step 1 by increasing the mort-
gage coverage and the total valua-
tion of the home; step 2 by allowing
the FHA extended privileges of insur-
ing larger mortgages, particularly
from limited dividend corporations,
and the reduction of the basic in-
terest rate and service charge on in-
sured loans; step 3 by decreasing the
capital requirements of the associa-
tions as mentioned.
Overflow Audience Hears
Little Symphony Concert
An overflow audience at the Ethel
Fountain Hussey room at the Michi-
gan League Sunday night heard the
1937-1938 debut of the University of
Michigan Little Symphony. Thor
Johnson conducted the orchestra.
John Krell, graduate student from
Saginaw, was soloist in the Mozart
Concerto in D major for flute and
orchestra
PROFESSIONAL PHOTO FIN-
ISHING. Film developed, 8 prints,
1- 8x10 enlargement, 25c. Reprints
2c each. Send coin only. Snapshot
Service, Box 270, Ashland, Ohio.
liii -

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1

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Adam Morgan (with violin), bank robber, learned to play violin in
Jackson prison and will be paroled if he completes arrangements for
reported job with an orchestra. Dave Rubinoff (left) gave Morgan an
audition daring his appearance in Detroit recently.
Head Of State Art Project Calls
'Simplicity' American Keynote
-b0- Speaks Highly Of speaker called "a study in simplifi-
'p' Ilarte's Paintings cations." He named Birchfield, a
. former wallpaper decorater, as one
T) -csses Detroit Group of the great men in the field of
American water colors. The Winslowl
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Simplicity in painting denotes a Homer paintng, "Bahama.Boat
Hmer. Jerrytsi, asm not-n
true artist of the modern American men," Mr. Jerry said, was not one
of the artist's best, but, nevertheless,
school, according to Sylvester Jerry, showed his great talent in attaining
t state director of the Federal Art Proj- the effect of life and motion with
, ect, who gave a gallery lecture Sunday his brush, which has made him
on Ann Arbor Art Association's loan famous.
collection from the Detroit Institute "Still life with a punch," Mr. Jerry
of Arts on exhibition in Alumni Hall. 'characterized the painting of the
In commenting on the American German, Schmidt-Rotluf. He praised
section of the collection, Mr. Jerry the work of George Grosz, whom he
I spoke especially favorably of the called "the best cartoonist in the
two paintings by "Pop" Harte, who I world." Grosz, recently banned from
he said was 'perhaps the only genius' i Germany because of satirical car- I
represented in the room. He re- toons of the government, now lives
marked that Harte, who gained little , in America, and will, according to
recognition during his lifetime, was Mr. Jerry, make himself known here,
original and great because his paint- by his paintings criticizing American
ings are recordings of experiences life.
and are comments on life. Mr. Jerry
said Frank A. Mechan's mural of run-
" n ing mustangs was an unusual wa-
tercolor because it portrayed live-Urowth
movement. The lecturer remarked
K upon John Carroll's works as-delicate T old By H all
and individual; he compared Chris- Y
topher Street's "New York" unfavor-
ably with the German Grosz'work ofjSays Finns And Bohemians
the same title; he called Gifford o~e an
Beal's "Summer Landscape" "pos- Helped Start In U.S.
ter-like."
Mr. Jerry praised Birchfield, one I The cooperative movement has
of the artists of the "ashcan" school, grown from originally 28 weavers in
for the realistic work, which the Rochdale, England to a world mem-
bership of 139,000,000 in approxi-
mately 465,000 different societies,
KMiriam Hall, Grad., told 50 persons
K S G I V I N G - in an education meeting Sunday at
the Girls' Cooperative House.

.4

F-O R

T H A N

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Cooperatives are most influencial
in Sweden, she said, where they serve
from 30 to 50 per cent of the popula-
tion. The Swedish people believe
that cooperation rests on true de-
mocracy and democracy on eduoa-
tion, and the movement in that coun-
try entails extensive educationaL
campaigns, she said.
The Finnish and Bohemian set-
tlers were largely responsible for the
growth of the cooperative movement
in this country, as they carried to
America the ideas learned in their
native lands, H. L. Pickerell, founder
of the boys' cooperative here, told
the group.
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Pecans ... Cashews . .

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and many others
featured at
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727 North University Phone 9797


,..L

UTZEL'S
Liberty at Main

oA Au 9nouited

-

. . .

to attend-the FORMAL OPENING Of our
larger and more modern shop on Tues-
day evening, November twenty-third,
seven-thirty to nine.

Germany, Italy and Japan don't declare wars--but they fight them.
Why do they keep these wars "unofficial"? And why are they fought?
To get raw materials? Colonies? To relieve population pressure? John
Gunther, famed correspondent whose book "Inside Europe" was
banned recently by the Nazis, explodes these alibis, and tells you the
real reason for these wars of conquest waged by the "Have Not" nations.

No Merchandise Sold.

rr
THIS SPECIAL PURCHASE was made possible only
after weeks of planning and the co-operation of

To continue the
this unusual Shop,
Wednesday mo

opening days of
we will open up
rning with the

GREATEST SALE OF BETTER
Fur-Trimmed WINTER COATS
that we have ever attempted during
our twenty-one years of business.

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