-w, PMWWIMW-- PAG EIGHT THE MICHIGAN DAILY TUESDAY, OCTOBER 29, 1940 a a _ s _ Prof. Hatfield Traces Origin Of Accounting Business School Hears Discussion On Rising Of Clerks'_Prestige The advent of the Industrial Revo- lution and the founding of billion dollar corporations has changed the general attitude toward accountants and bookkeepers from one of con- tempt to one of respect, Prof.-Emer- itus Henry R. Hatfield, of the Univer- sity of California, told students and faculty of the School of Business Ad- ministration ,yesterday. In a speech as amusing 'as it was important, Prof. Hatfield tried to show that the origin of accounting was as academic as any of the other subjects of the college curriculum, that men of repute and high intelli- gence were associated with its early history and participate in account- ing now, and that in view of modern trends in the business world, it is socially .justified. In explaining the difficulties fac- ing the profession, the speaker de- clared that "man is agricultural in tradition still, though society is in- dustrial." Now, however, the task of ascertaining profit as well as other important procedures involved in the business of large corporations have been recognized and given to the ac- countant. Accountants have made two impor- tant contributions in recent years, the noted accountant emphasized. They have discovered devices to save work in handling masses of figures with less labor, and have found meth- ods to determine the exact cost of materials. Fighter Planes' End Is Foreseen Prof. Edward A. Stalker Talks On 'War In Air' Fighter planes will ultimately be- come ineffective against offensive bombing operations unless radical changes are made in present types of planes and propellers, Prof. Ed- ward A. Stalker of the Aeronautical Engineeing department asserted in an interview yesterday. Professor Stalker explained this theory by pointing out that the com- pression of the air above 650 m.p.h. is so great that it renders ,streamline flow impossible, thereby making the present type of airplane incapable of going any faster. Drawing his con- clusion for this, Professor Stalker stated, "Bombers may soon attain the 650 m.p.h. limit, and when they do, the pursuit plane will no longer have its time-honored speed advantage over attacking aircraft, and will therefore have little strategical use. "The accent is on speed," Profes- sor Stalker emphasized, "for it is the best defense against both anti-air- craft guns and enemy fighters, as the terrific tool of heavy, slow bombers in the present war shows. "The Germans found this out in their air-raids on England," he said. "At first, they tried to use heavy raiders in daylight mass attacks, but the RAF was too -much for them, once bringing down 185 Nazi planes in 24 hours. Their present plan is to send light, fast bombers over at night individually or in small groups, mean- ing of course, that they are willing to sacrifice accuracy to prevent high losses. "The British are almost defenseless against this practice," Professor Stalker commented. Red Bicycle Is Stolen A bicycle belonging to Joan Bev- ington, '4lEd., Mosher Hall, was stolen from the rear of the dormitory be- tween 12 and 2 p.m. yesterday. The bicycle is red with a wire basket and brown grips. Any information re- garding the bicycle will be appreci- ated, and should be given to the Ann Arbor police department. Bob Gach Has Your Picture! BE SURE TO STOP at the GACH CAMERA SHOP and look over the pictures taken at the dance last night. Keep a photo record of your college Paries. ea~i. A4 Keyes To Talk Oi ('tI.%enisry ff1 " I r c a I I i 11- By JUNE McKEE --1 THE Michigan gridiiron was not only focal point for the nation's eyes Saturday, but source of the coun- try's famed voices as well. Ted Hus- ing, Bill Stern, Bill Slater-all were here to broadcast the Penn-Michigan match. Busing's mike prestige is prime, and Stern's eminence is undisputed. When we informally interrogated Ted, he declared Bill Stern "the flinest man to rise in radio in the last 10 years." After we talked to Bill, we really felt him that "finest man." As Husing broadcast the battle for Columbia, and Stern for NBC, Bill Slater gave his account for the At- lantic Refining Company, through WCAU, Philadelphia. Grantland Rice was well on hand, along with most of the ace sports authorities. Sports editors, photographers, and publicity men packed the Mor- ris Hall studio when the Michi- gan University of the Air began its winter broadcast season with Tom Harmon presiding over "In the Huddle," presenting sportsecaster Stern as guest star. Last night the University Medical School presented, before the deans and administrative officers of 75 med- ical schools, a motion picture prepared by Dean Furstenberg. Norman Ox- handler, Dick Slade, Peter Antonelli, and Ward Quall gave running ac- counts on the film and take-offs on the various deans appearing therein. A igluer Will Discuss Issues Of Campaign A t Union Tomorrow The whys and wherefores of the current presidential election cam- paign will be analyzed by Prof. Ralph W. Aigler of the Law School in a discussion of "The Issues of the Campaign" at 7:30 p.m. tomorrow in the Union. Under the auspices of the Univer- sity of Michigan Republican Club, Professor Aigler will base his talk upon experience gained as interlocu- tor for the quiz series recently con- ducted in the Washtenaw County Court House. Professor Aigler has had the op- portunity to hear members of the University faculty and business men express arguments for both the Dem- ocratic and Republican parties. His address will present a completely ob- jective report of election issues, ac- cording to John A. Huston, 141, of the Club. Il el e -" II(I Dr. F. G. Keyes, head of the chem- istry department of the Massachu- setts Institute of Technology, will de- liver the first of a series of lectures sponsored by the University of Mich- igan section of the American Chem- ical Society, at 4:15 Friday in the lecture room of the Chemistry Build- in g. Dr. Keyes will discuss the lique- faction of gases as carried on in the processes of modern commercial chemistry. The talk will be illustrat- ed with slides, and demonstrations will be performed showing how liquid air is made. The talk will be open to the pub- lic and, according to Dr. L. O. Brock- way, secretary of the local section, will not be in such technical language that the layman cannot understand it. The second lecture sponsored here by the Society will be delivered Dec. 11 by Prof. Felix G. Gustafson of the I botany department. His subject will be "Plant Growth Substances." 35 Candidlates File Election Pe1iitiOns (Continued from Page 1) gineering Party; Irving Slifkin, '43, Lawrence Lindgren, '41, The Michi- gan Party; W. J. Rosenberg, '41A; Un- iversity Progressive Council; T. Lang- ston Jones, G., Independent; Herman T. Epstein, '41, University Progressive Council; Eugene Olmstead, '42, Young Communist League; Jack Gordon, '43, The Michigan Party; William Bes- tint, '42, American Student Union; Dorothy Sankin, '41, University Pro- gressive Council; Bill Rockwell, '41, University Progressive Council; John S. Stamm, '41, Unversity Progressive Council, Julie Chotkley, '42, Univer- sity Progressive Council; Vivian Sie- man, '42, University Progressive Par- ty; William Irwin, '42, The Michigan Party. FO R FASTER, FRIENDLIER SERVICE AT LOWER COST -'PHONE Tlegrap), CHARGES FOR TELEGRAMS 'PHONED IN APPEAR ON YOUR TELEPHON-E BILL. r r'rw y 10, ?SO F LE.. T s E E PLE ... W E TH E Pop t A { i 1 N ' , 1 IT rS THE AMERICAN WAY YES, it's the American way to have things done better. The Ann Arbor Laundries are typical of this tradition. We launder your laun- dry cleaner, more quickly, and with less wear and tear to your clothes. When your shirts and ironed things come back they look nicer and stay that way longer. Have your laundry done the Ameri- caan way by the Ann Arbor Laundries. . SAM PL E 3 Shirts 3 Pairs of Sox 6 Handkerchiefs BUN DLE HOW TO BE A So you yelled for the wrong team? Tough luck. No wonder those home team rooters glowered! Uniforms do look the same after the first quarter in the mud, so don't try to apologize. They had a glower coming. Instead- .. B Invite the brave lads to a buffet supper. Smooth their injured feelings with choice viands and the ever-welcome brew of brews -Berghoff! Immediately following their first refreshing quaff of this fine beverage, you -will be popular again! You'll be marked as a host of discernment; and your popularity problem is a problem no more. - .. .-1 r Finished mended and Buttons Replaced Returned Dried and Fluffed - not Ironed. 2 Suits of Underwear 1 Pajama Suit 2 Bath Towels Approximate Cost ... $1.10 VARSITY LAUNDRY 23-1-23 WHITE SWAN LAUNDRY KYER LAUNDRY 4185 TROJAN LAUNDRY E ,