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April 24, 1942 - Image 4

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Publication:
The Michigan Daily, 1942-04-24

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TIE ICHIGAN DAILY

[I34t izrn ktt g

Basis For Inflation Danger Facing
United States Analyzed By OPA

Edited and managed by students of the University of
Michigan under the authority of the Board in Control
of Student Publications.
Published every morning except Monday during the
University year and Summer Session.
Member of the Associated Press
The Associated Press is exclusively entitled to the
use for republication of all news dispatches credited to
it or not otherwise credited in this newspaper. All rights
of republication of all other matters herein also
reserved.
Entered at the Post Office at Ann Arbor, Michigan, as
second class mail matter.
Subscriptions during the regular school year by car-
rierf $4.00, by mail $5.00.
REPRESENTED POR NATIONAL ADVERTISING SY
National Advertising Service, Inc.
..College Publishers Representative
420 MADisON AYE. NEW YORK. N. Y,
e hbIcor sca LollegieSPANGEES 9SAN44RANCISCO
Member, Associated Collegiate Press, 1941.42

Edi

itorial Staff

Emile Gel .
Alvin Dann
David Lachenbruch
Jay McCormick
Gerald E. Burns
hal Wilson
Janet Hooker
Grace Miller . .
Virinia Mitchell.
Daniel 1..fHuyett
James B. Collins
Louise Carpenter
Evelyn Wright

.
.

S . . Managing Editor
. . . Editorial Director
. . . . City Editor
. Associate Editor
. . . Associate Editor
. . . Sports Editor
. . . Women's Editor
. Assistant Women's Editor
. . Exchange Editor

(Editor's Note: The Office of Price Administra-
tion has issued a series of releases explaining funda-
mental aspects ofethe inflation problem. This second
article cmphasizes the historical nature of this
economic disease.)
M~,AYBEwe ('all push throuigh to victory with-
out doing anything about inflation. In that
case we will probably end up like the sick man
who reached home in time to die.
Inflation is a disease, inflation is an economic
fever. And it resembles some physical disease
in this-that the end effect of the disease is even
worse than the disease while it is running its
terrible course.
We might have uncontrolled inflation and
still survive the war victoriously, but the post-
war world would almost certainly find us par-
alyzed, powerless to do anything about the ter-
rific problems confronting us when the firing is
over.
Certainly, if inflation continues, we shall be
powerless to do much toward rebuilding the
world into a fraternity of free men, into the
sort of world for which we are fighting. We shall
be too weak for that.
Consider the course of inflation in World War
I, a course which has been paralleled, thus far,
in World War IL
The early stages of that World War I infla-
tion, like the early stages of the present infla-
tion, were exhilarating. They were the first
flush of fever. There was a flood of new buying
power which eventually found its expression--
as scarcity ate away other consumer goods-in
the war-rich workingman's silk shirt (we were-
n't fighting the Japs then).
In the beginning we had a spreading prosper-
ity. New jols, higher wages, bigger profits.
TIOLESALE PRICES kept going up, but for
awhile the well-stocked stores along Main
Street continued to sell at the same old prices.
That was the stage from which we. in the
present war, are just emerging. In this war we
have more and better controls than we had in
the last war, but even these controls are not
enough.
In that beginning period a lot was going on
behind the shiny new backdrop with its painted
scene of prosperity and plenty. Backstage, de-
mand for goods was racing around in an effort
to catch up with rising price of materials. Busi-
nessmen who didn't want to be caught without
the materials to meet their orders bid up prices
and bought more than they would have bought
in ordinary times for what are known as "stock-
piles," which is simply another name for reserve
supplies. Besieged by buyers, these businessmen
marked up their selling prices.
At first none of this seemed really important,
but after awhile the hidden factors began to
operate. Hoarding reduced supply and ham-
pered prodi iction. High prices funneled their
way down from the top into the retail markets
and into the retail stores and the phrase "high
cost of living" became something more than a
joke. The cost of almost every~thing soared so

rapidly that people whose incomes remained
fairly fixed had a hard time making both ends
meet, while even those who had received raise
after wartime raise felt the effect on their stand-
ard of living. And, over all, the war effort itself
was partly paralyzed.-
This was America in the second stage of World
War I's inflation. It wvas a stage in which the
workers and the farmers whose incomes weren't
rising fast enough to keep pace with mounting
prices and all those unfortunate folk whose in-
comes didn't rise at all, were able to buy less
and less with their shrinking dollars.
T HIS WAS BAD, but the worst was yet to
come. The worst came after the war; the
worst came when the remains of the war pro-
gram could no longer support the demand for
goods and the whole mad-house structure col-
lapsed about our collective ears.
Then, in 1920, businessmen were caught in a
low-price market with stocks of goods for which
they'd paid tremendous prices. The write-down
of business inventories in 1920 was almost 11,-
000,000,000 and liabilities of bankrupt firms in
the following year were almost double the pre-
vious all-time record.
The farmer and the worker suffered too. In
1918 the average farmer's income was up twenty-
four percent above his buying power in 1913,
even allowing for the astronomical price of
"store-bought" city goods. Then the farmers
were riding the tidal wave of inflation, a wave
which had doubled farm prices. But by 1922
the receding wave had carried the farmer's in-
come even below what it had been in 1913.
As for the worker, he took his blow in the form
of heavy unemployment. And it was a terrific
blow--a blow to more than offset the memory of
easy money and silk shirts.
This time there is every indication that it
would be worse. This time we are faced with
a monumental crisis and we are right up against
that crisis now. We are right up against that
crisis because our national income continues to
rise steadily while the output of goods for which
that income may be spent is just as steahdily,
Just as constantly shrinking l:ty by duy, week
by week, month by month.
Unless we control inflat ion we could double
the cost of a war which even at present prices
promises to cost us more than 100 billion dollars.
UNLESS we control inflation we shall be buy-
ing the weapons we need for our soldiers
and the soldiers of our allies in a runaway
market.
Unless we control inflation we shall continue
to be harassed by shortages in materials hoarded
for speculation.
Unless we control inflation millions of Ameri-
cans in the end will be faced with huinger and
want.
Unless we control inflation we may very well
lose the war, and even if we win the war we shall
stand to lose the peace.
And that we cannot, that we must not, permit.

lbusiness Staff
Business Manager
* Associate Business Manager
. Women's Advertising Manager
. Women's Business Manager

NIGHT EDITOR: ALVIN A. DANN
The editorials published in The Michigan
Daily are written by members of The Daily
staff and represent the views of the writers
only.
Speech Department's
Progress Reviewed
T"ODAY the fiftieth anniversary of
the speech department will be cele-
brated. An assembly will be held. Speeches will
be given by President Ruthven and members of
the department. But one can't pay tribute to
the speech department without taking his hat
off to one man. a man who had an inspiration
and who worked to make that inspiration a
reality, Dr. Thomas Clarkson Trueblood.
It was in 1884 that President James B. Angell
invited Dr. Trueblood to the University for a
course of lectures in speech. In each year that
followed, Dr. Trueblood continued his lectures
until 1889. when his services were demanded for
the full academic year.
Throughout the ten years following his ap-
pointment as head of the speech department
all the courses .offered were taught by him.
Through his efforts the importance of speech
courses in a university were finally realized
and since then the department has grown both
in size and importance.
ANY STUDENTS go through the University,
majoring in history, government, economics
and other specialized fields. They graduate with
high honors and numerous degrees. But often
broad knowledge and superior intellectual devel-
opment are wasted because the student has not
learned to communicate his ideas effectively.
That is where the speech department renders
its invaluable services. Students have entered
the University lisping, stuttering and stammer-
ing and have left it as able speakers.
But the departments activities have not been
restricted to correcting speech defects. Dr. True-
blood and his staff experimented and expanded
their curriculum so that today courses in public
speaking, debating, interpretation, play produc-
tion, speech science and radio are offered.
Michigan can now rightfully boast of one of
the finest speech departments among the lead-
ing universities, a department which started with
one man, Dr. Trueblood, and today consists of
23 instructors.
So it is that on its fiftieth anniversary we sa-
lute the Department of Speech, a prominent
feather in our cap.
-Mark Lipper
Senate Election Needs
Your Vote Today . .
'IE TUMULT and the shouting which
began two months ago with a com-
plete reorganization of Michigan's decayed Stu-
dent Senate will come to a head today. Every
student on campus will have his first (and per-
haps his last) chance to vote for a truly repre-
sentative and truly governing body in the
Student Senate election today.
The people who take the strongest stand on
representative campus government are little
concerned about which party or individual gets
your vote. Fa more important than politics
is the desperate need for a large campus vote to
back the policies of this new group. Franklin
Delano Roosevelt could do little on this campus
with the support given to past senate elections.
There have been many questions raised as to
the merits of the senate reorganization plan, but
none dispute its basic efficiency and democracy,
The fundamental problem, however, concerns

DIAILY O®FFICGIAL
BULLETIN
(Continued from Page 2)
Members of the faculty are asked to
enter by the rear door of Hill Audi-
torium and proceed directly to the
stage, where arrangements have been
made for seating them. The public
is invited.
Alexander G. Rnthven
Commencement Tickets: Tickets
for Commencement may be obtained
on request after May 11 at the In-
formation Desk in the Business
Office, Room 1, University Hall. Be-
cause the Yost Field House will be
used for the exercises, rain or shine,
and because of its limited seating
capacity, only three tickets will be
available for each senior. Please pre-
sent identification card when ap-
plying for tickets.
Herbert G. Watkins,
Assistant Secretary.
To All Members of the Faculty and
Administrative Staff: If it seems cer-
tain that any telephones will not be
used during the summer months
please notify the Business Office, Mr.
Peterson. A saving can be effected
if instruments are disconnected for
a period of a minimum of three
months. Herbert G. Watkins
To Students Graduating at Com-
mencement, May 30, 1942: The bur-
den of mailing diplomas to members
of the graduating class who do not
personally call for their diplomas
has grown until in 1940 it cost the
University over $400 to perform this
service. The rule has been laid down,
as a result, that diplomas not called
for at the Sports Building immediate-
ly after the Commencement Exercis-
es or at the University Business Of-
fice within three business days after
Commencement will be mailed C.O.D.
The mailing cost will be approximate-
ly 30c for the larger sized rolled
diplomas and 4c for the book form.
Will each graduate, therefore, be
certain that the Diploma Clerk has
his correct mailing address to insure
delivery by mail. The U. S. Mail
Service will, of course, return all
diplomas which cannot be delivered.
Because of adverse conditions abroad,
foreign students should leave ad-i
dresses in the United States, if pos-
sible, to which diplomas may be
mailed.
It is preferred that ALL diplomas
be personally called for.
Herbert G. Watkins,
Assistant Secretary
Group llospitahization and Surgi -
cal Service: The period for filig new
applications for enrollment or revi-
sions of contracts now in effect ex-
pires on Saturday, April 25. There-
after no new enrollments or applica-
tions will be permitted until next
October. Applications filed in the
present enrollment period will be-
come effective May 5, 1942. Applica-
tions filed in the present enrollment
period will become effective May 5,
1942. Application cards are avail-
able at the University Business O-
lice.
Candidates for thie readier's Cer -
tificate for May, 1942 are requested
to call at the office of the School
of Education, 1437 UES, during the
week of April 27, between the hours
of 1:30 and 4 :30, to take t',h TeacherI
Oath which is a requirement for the
certificate.
F1aculty, School of Education: The
April meeting of the faculty will be
held on Monday, April 27, in the Uni-
versity Elementary School Library.
Tea will be served at 3:451and the
meeting will convene at 4:15.
Admission to School of Business
Administration: Applications for ad-
mission to this School for the Sum-

mer Term must be filed not later
than May 1 by candidates for the
B.B.A. degree. Application blanks
and information available in Room
108 Tappan Hall,
Engineering Students: The Depart-
ment of Mechanism and Engineering
Drawing is desirous of obtaining sev-
eral Engineering Students who have
Drawing 1, 2, and 3 to act as student
assistants in the Ordnance Training
Courses. They must be free on M.
W. F. 10-12 or Tu., Th., S. 10-12. The
Course runs from April 27 to July 25,
including the two weeks that the
regular students have vacation, May
30 to June 15. Apply to Col. H. W.
Miller, Room 412, W. Eng.
Residence halls for Men and Wo-
men Applications for Staff Positions:
Upperc lass, graduate, and profession-
0l students who wish to apply for
Staff Assistantships and other stu-
dent personnel positions in the Resi-
dence Halls may obtain application
blanks in the Office of the Director
of Residence Halls, 205 South Wing.
Unmarried members of the faculty
holding the rank of 'Teaching Fellow
or above are invited to apply for
Resident Adviserships in the Quad-
rangles (House Masterships). Posi-
tions of all grades will be open for
the Fall and Spring Terms; and it is
probable that there will be a limited
number of student and faculty staff
vacancies for the Summer Term.
Karl Litzenberg
Notice to Property Owners: If you
have purchased imuroved property

Washnton Merry-Go-Round
By DREW PEARSON and ROBERT S. ALLEN

GRIN AND BEAR IT ByLichty
p5
-1 1
"Maybe women CAN take over men's jobs, but I'd certainly feel
silly working for one!"

WASHINGTON--Two headlines which blazed
across the Washington panorama recently
indicate part of the reason why Federal Loan
Cz-u' Jesse Jones was eased out of the policies
:nd lower of the Defense Supplies, Metals Re-
serve, and Rubber Reserve corporation,,s. Th1 Ie
l leadlines were -
Armies Face Quinine Shortage With Java's Fall
Battle Of Bataan Ended Because Quinine Pills
Ran Out
The facts behind these headlines constituted
one of the things which jolted the President and
caused him to transfer the buying of vital war
supplies to Vice President Wallace's Bureau of
Economic Warfare.
What happened was this:
Shortly after Pearl Harbor, the War Produc-
tion Board and the Bureau of Economic War-
fare urged Jesse Jones and his purchasing or-
ganizations to buy quinine. Ninety-five percent
of this drug comes from Java, which seemed
likely to fall.
This drug is almost an all-out essential in
combating malaria. And with thousands of
U.S. troops slated to fight in the tropics, malaria
is about as dangerous as the enemy.
Too Late
However, Jesse Jones and his staff waited.
Sumatra fell. Then Java was attacked. The
world's only real source of quinine seemed sure
to fall. Jones ordered a small amount.
THEN, on March 5, just one day before Ba-
tavia, capital of Java, was captured. Jones'
Loan Administration finally sent a telegram, by
this time ordering all the quinine there was to
be had in Java-about 52,000,000 ounces.
The telegram was signed by Will Clayton,
Texas friend of Jesse's and Deputy Federal Loan
Administrator. Wishfully, the telegram spoke
of June and July delivery. But not one ounce of
quinine will ever-be delivered from that order.
Prior to this frantic teleegram, the WPB and
BEW had held many meetings with Jones' staff
urging the purchase of quinine.
Lives Vs. Dollars
At one time, a BEW official told an inter-
government meeting which was arguing about
quinine purchases:
"If the war is over early and we are left with
I - _ _ __ _ _ _ - - - - .__-- -__-- - - _ _ _

a lot of quinine on our hands, then we have only
wasted dollars. But if tihe war lasts a. long time
then we've wasted lives."
And it now looks as it that were whtt would
happ('n. It is not fair, of (ourse, to blalme Jones
for failure to send quinine to Bataan. But it
remains an unfortunate fact that for U. S. troops
in Africa, Persia, India, North Australia, and
the West Indies-to say nothing of United Na-
tions troops in all these and other areas--we
have a pitifully small reserve of quinine.
IT CONSISTS chiefly of 3,165,000 ounces pur-
chased by Jesse Jones from Merck and Co.,
which had had the foresight to order it long ago.
Thus this was merely a transfer from a U. S.
firm to a government firm of quinine already
here in the United States. It did not enrich our
total quinine supply. We also have some other
reserves. but added all together, the total is
pitifully small for a nation at war.
And if we had acted early enough we could
have had Java's total annual output of 52,250,000
ounces.
Hot Time In INaziband
The Senate Patents Committee recently lis-
tened to testimony on the business aspects of
the cartel deal between Remington Arms Com-
pany and the Rheinisch-Westfaelische Spreng-
stoff Company of Germany, whereby Reming-
ton, though a friendly U. S. company, agreed
not to sell an ammunition ingredient to Great
Britain. Also the Senate Committee discovered
there was a chummy "social" side to the cartel
business.
JUSTICE DEPARTMENT attorney Allen Dobey
caused ripples of laughter when he read a
letter written by A. A. Dicke, former Remington
vice president, who went to Cologne, Germany,
to negotiate the ammunition deal. Describing
a dinner he had with R. W. S. officials, Dicke
wrote:
"That certainly was a treat. You can imagine
the rare wines, champagnes, foods, etc., not to
mention some 1828 cognac which was used to
drink a special toast to the friendship of the
two companies and to the success of our plans
for cooperation to mutual benefits. Dr. Muller
(head of R. W. S.) is also well acquainted with
the duPonts, who usually stay at his home when
they are in Cologne."
Remington Arms is a duPont subsidiary.

Wanted at Once: Men students who
are willing and able to do inside and,
outside work, such as houseclean-
ing, painting, yard and garden work.'
I have a considerable number of
odd jobs listed at the Employment
Bureau available to young men who
wish to earn some extra cash.
Apply to Miss Elizabeth A. Smith,
Employment Bureau, Room 2, Uni-
versity Hall. Telephone 4121, Ext.
2121.
German Table for Faculty Mem-
bers will met Monday at 12:10 p.m.
in the Founders' Room, Michigan
Union. Members of all departments
are cordially invited. There will be
a brief talk on "Malaiische Liebens-
gedichte" by Mr. Senstius.1
The Bureau of Appointments and
Occupational Information has re-
ceivetl word of a number of vacancies
for students interested in work forr
the summer at Cedar Point-on-Lake,
Erie in Ohio. Information regard-c
ing -the types of work available and?
the salaries for each can be obtainedf
by calling at the Bureau. A repre-
sentative from the company will be
at the office of the Bureau on Tues-1
day, April 28 and anyone interestedi
in seeing him can make an appoint-1
ment by calling University extension<
489.
There are also a number of excel-
lent positions for cooks and assistant
cooks available in Michigan resorts
and camps. Persons interested in
such work can secure informationt
by calling at the office of the Bureau.
Any students who are interested1
in summer employment of any typer
and have not registered with thef
Bureau of Appointments for summerf
work are requested 'to call at the
office of the Bureau immediatelyr
since there are still many positions
open in camps, resorts, and hotels.
Bureau of Appointments and
Occupational Information
201 Mason hall.-
The University Bureau of Appoint-
ments has received notification of the
following Civil Service Examinations.
Detroit Civil Service
Intermediate Typist (Male), $1,500,
April 27, 1942.
Student Public Health Nurse (Fe-
male), $1,560, until further notice.
General Staff Nurse (Permanent-
Female), $1,680, until further no-
tice.
General Staff Nurse (Relief-Fe-
male), $1,680, until further notice.
Upholsterer (Male), $1.10 per hr.,
April 29, 1942.
General Welder (Male), $1.15,
April 30, 1942.
Sheet Metal Worker (Male), $1.10,
May 1, 1942.
Calculating Machine Operator, $1,-
560 ($1,716 after 7/1/42), May 5,
1942.
Posting Machine Operator (Tem-
porary employment only), $1,560 ($1,-
716 after 7/1 42), May 5, 1942.
Communicable Disease Nurse (Fe-
male), $1,800 ($1,980 after 7/1 42),
May 11, 1942.
Technical Aid: (Bu.§. Adm.,, Gen-
eral; Medical Science; (Male and
Female). Salary, $1,560 ($1,716 after
7/1 42); Last filing date May 4,
1942. Residence rule waived for male
applicants; residence rule restrict-
ed to State of Michigan for female
applicants.
Bureau of Appointments and
Occupational Information
The University Bureau of Appoint
ments wishes to again call attention
to the United States Civi Service
Announcement of the examination
for Junior Professional Assistant.
This examination is open to graduat-
in' seniors in all fields. Applica-
ti'is will be accepted until April 27,
1942. Further information and the
application form may be obtained
at the offices of the Bureau of Ap-
pointments, 201 Mason Hall. Office
hours, 9-12 and 2-4.
Bureau of Appointments and

English 31, Section 7: The hour
examination set for Monday, April
27, at 11 o'clock will be given in
Room 25 Angell Hall.
W. R. Humphreys
Pre-Medical Students: The Medi-
cal Aptitude Test of the Association
of American Medical Colleges will
be given today at 3:00 p.m. in 1025
Angehl Hall. Students who are plan-
ning to enter a medical school dur-
ing the school year of 1943-1944
should take the examination at this
time. There are still some tickets
available at the Cashier's Office.
Please present your Cashier's receipt
at the door. Be on time.
Directed Teaching, Qualifying Ex-
amination: All students expecting to
elect directed teaching (Educ D100)
next semester are required to pass a
qualifying examination in the sub-
ject which they expect to teach. This
examination will be held on Satur-
day, May 9, at 1 o'clock. Students
will met in the auditorium of the
University High School. The exam-
ination will consume about four
hours' time; promptness is therefore
essential.
May Candidates for the Teacher's
Certificate: The Comprehensive Ex-
amination in Education will be given
on Saturday, May 9, from 9 to 12
o'clock (and also from 2 to 5 o'clock)
in the auditorium of the University
High School. Students having Sat-
urday morning classes may take the
examination in the afternoon. Print-
ed information regarding the exam-
ination may be secured in the School
of Education office.
Doctoral Examination for Charles
Winslow McNeil, Zoology; thesis:
"Pathology and Embryology of the
Giant Kidney Worm Dioctophyma
renale (Goeze, 1782) and a Compari-
son of its Larva with the Larva of
Paragordius varius (Leidy, 1851)."
Saturday, April 25, 3089 Natural Sci-
ence, 8:00 a.m. Chairman, A. E.
Woodhead.
By action of the Executive Board,
the Chairman may invite members,
of the faculties and advanced doc-
toral candidates to attend the exam-
ination and he may grant permission
to those who for sufficient reason
might wish to be present.
C. S. Yoakum
Doctoral Examination for Frances
Elizabeth Wynne, Botany; thesis: "A
Revision of the North American Spe-
cies of Drepanocladus." Saturday,
April 25, 1139 Natural Science, 9:00
a.m. Chairman, W. C. Steere.
By action of the Executive Board,
the Chairman may invite members
of the faculties and advanced doctor-
al candidates to attend the examina-
tion and he may grant permission to
those who for sufficient reason might
wish to be present.
C. S. Yoakmi
Concerts
The University of Michigan Choir
under the direction of Hardin Van
Deursen, Conductor, will be heard at
8:30 Sunday evening, April 26, in
Lydia Mendelssohn Theater, with
Leo Imperi and Robert Holland as
soloists. The choir will be assisted
in the program by a clarinet quartet
organized and trained by WillarH.
Stubbins of the faculty of the School
of Music. The public is cordially
invited.
Claire Coci, well-known concert
organist, will appear at 4:15 p.m.
Sunday, April 26, in Hill Auidtorium
in a program open to the general
public. Miss Coci plans to present
a program of compositions by Bach,
Langlais, Jepson, Liszt and Weitz.
Student Recital: John Wheeler

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