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January 15, 1948 - Image 4

Resource type:
Text
Publication:
The Michigan Daily, 1948-01-15

Disclaimer: Computer generated plain text may have errors. Read more about this.

_ _ _ _ _ -- -MW-G------

i.:s Iu:

FifTi;ghtli Year

Ii

17,

11-

IT SO HAPPENS...
W f ha tPrice Glo y?

B 1M1T DI IN-

Letters to the Editor.

11

i

- ~ - --.:f- - -
zn4,

i i)

Edited and managed by students of the Uni-
versity of Michigan under the authority of the
Board in Control of Student Publications.
John Campbell...................Managing Editor
Nancy Hemick ...................enral Manager
Clyde Recht..........................City Editor
Jean Swendemen .............Advertising Manager
Edwin Schneider .................iNnance Manager
Stuart Finlayson ................Eitorial Director
Lida Dailes_........................Associate Editor
Eunice Mint....................Associate Editor
Dick Kraus ..........................Sports Editor
Bob Lent ..................Associate Sports Editor
Joyce Johnson.....................Women's Editor
betty Steward ..........Associate Women's Editor
Joan de Carvajaid.................Library Director
Melvin Tick ..................Circulation Manager
Telephone 23-24-1
Member of The Associated Press
The Associated Press is exclusively entitled to
the use for re-~ublication of oull new dispatches
credited to it or othewise credited in this news-
paper. All rights of re-publication of all other
mratters herein also reserved.
Entered at the Post Office at Ann Arbor, Mich-
igan, as second class mail matter.
Subscription during the regular school year by
carrier,. $5.$0, by mail, $G.o.
Member, Assoc. Collegiate Press, 1947-48
Editorials published in The Michigan Daily
are written by members of The Daily staff
and represent the views of the writers only.
NIGHT EDITOR: HAROLD JACKSON
Conduct Ruling11
R EGULATION w ihi rep rsen taion h as
now been established at the University.
With the addition of three students to
the Committee on Student Conduct 4 yvic-
tory in principle at least has been gained.
Although previotysly the committee em-
ployed the policy of calling in students to
discuss measures before they were passed,
there was no legal compunction for them to
do so, and therefore no assurance that this
would be done in all cases.
But with a real place on the committee,
Students will have the opportunity to study
a new regulation from its inception rather
than to give an opinion based on a cur-
sory view of a rule just before it is to be
established.
It is likely, too, that students will have a
more effective voice when acting as actual
members of the committee instead of as
consultants whose opinions need not be ac-
eepted. Moreover, students will now have
the right to call meetings of the committee
when they believe an important issue has
developed on campus.
The committee revision will have the im-
mediate effect of bringing the interpreta-
tion of University liquor regulations, which
caused the original furor. up for considera-
ion again. Re-wording of the rules to fol-
low State law, but not to stiengthen it, is
a possibility.
However, even if the student representa-
tives are unable to effect a change in the
liquor regulations, the whole controversy has
been salutary in two ways.
Virst, the Board of Regents has emerged
as willing to listen to the students' side,
and comply with a worthwhile proposal.
And secondly, the Student Legislature has
proved that the right kind of student ac-
tion can be successful.
The trend toward greater representation,
also evident in the recent expansion of the
Student Affairs Committee, now seems defi-
nite. With more and more student pres-
sure exerted in the proper places, students
may eventually gain, rightful control of their
own lives at the University.
-Joan Katz
DRAMA

Ate Lydia Menidelssohnm. .
AS YOU LIKE IT, with Dorothy Murzek
Gutekunst, Maximilian Bryer, Norma Metz
and Ralph Cappuccilli.
T'HE SPEECH DEPARTMENT, apparently
not content with having presented one
difficult production this season, has taken
upon itself another challenging assignment.
It's a pleasure to report that this assignment
has also been handled v iith what is begin-
ning to lock like customary competence.
To begin at the foundation. then, Shake-
speare's bucolic comedy has been neatlyj
trimmed down to two compact acts for the
presentation. This was done, I'm told, by
Prof. Valentine B. Windt.
Prof. William P. Halstead, who was in
charge of direction. has achieved some very
novel, not to say clever effects with the
properties and has. at the same time, greatly
facilitated the scenery shifts.
Un~1 Z n -a n orJnn rp a non ri_-

Is That So . .
/I ANY WOMEN on campus are asking that
old question: "What Price Glory?" "Ar-
chie," a character in a comic strip of the
same name, was recently pictured in the
throes of deciding what college to attend.
When Archie declares "I'm going to Mich-
igan," the other end of the conversation says,
"Oh. I suppose you think they have bigger
and better football players?"
"No . . . coeds," says Archie.
, .
Shocking Pink ...
SIGNS OF THE TIMES: Most inter-
esting question on a quiz in Psychol -
ogy Management presents a difficult prob-
lem for the prospective office head.
"One of your workers is intelligent, co-
operative, but an agitator-she brings PM
to the office. What would you do with.
her?"
Startling Development ...
IT WAS "final speeches," and the cute coed
. was settling once and for all the problem
of aiding our European neighbors. Her ap-
proach, however, was something new in po-
litical circles and left little to be reckoned
with.
As she reached the climax of her talk, she
said with a quiver in her voice: What would
you do in starving Europe, if you got mar-
ried and your children died the next day?
Hidden Talent ...
MORE WEIGHTY PROBLEMS were
being solved in speech class, but the
diminutive stature of this pretty coed kept

her hidden behind a huge lectern
reached up to her sorority pin.
As she summarized, however,

stepped to the front of the stage and
aiiestioned:
"Can't you se' things more clearly
1o10?

d

We could.
.-. ,*
aniiliar' Text *
reTIE NEW YORKER has taken the liberty
of rtpritting some of our more foolish
errors, so I'm sure they won't mind if we
reprint one of their discoveries, sent to us
by an amazed correspondent. The item runs:
'Rats, for example, tend ordinarily to
rim along a wall. According to Patrick and
Laughlin, in the Journal of Genetic Psychol-
egy, 44,378-389, this tendency is greatly
modified if the rats are raised in an environ-
ment without walls.'---From 'Principles of
Animal Psychology' by N.R.F. Maier, Ph.D.
aid another."
The New Yorker's comment: "It's as
simple as that."
Regular Re(ader.
0 NE OF OUR READERS wants us to use
this item just as he wrote it, and we
can't decide whether a slam is intended or
not. On the hopes that it is really a com-
pliment, we give you:
"Marylyn is a brainy kid, all right, but
somretime2 we wonder . . . The other day
when we were studyinig she flopped into a
chair across from us and sighed, 'It's Mon-
day.' We looked up, startled at the bored
torne and astounded at such a remarkable
observation at 10 a.m. on, of all days, Mon-
day. Arid before we recovered she finished.
'There's not even a Daily to read.'"

that
she

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MAULDIN'S ILLVS'USRATED ENCYCILAPEDIA
No. 6-A Russian politician is a proletarian with a paunch.
DAILY OFFICIAL BULEI

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(continue-d. from P f c> ;i)

mental Secretaries, where
may be obtained.

they

PetrlloContracts

THE LATEST WRINKLE in the already
mangled story of James Caesar Petrillo
vs. music educators, networks and Congress
has just been announced. The new contracts
of the union and the networks will be ne-
gotiated soon. This time, however, the net-
works have a list of counter-proposals, aimed
directly at Petrillo and his American Fed-
eration of Musicians.
Petrillo has been in the national spotlight
ever since 1942, when he prohibited broad-
casting of musical programs for educational
purposes. Since then, he has been interfer-
ing in FM and television broadcasting and
requiring unnecessary stand-by musicians
at network stations. His latest word adds
the requirement that platter turners on
disc jockey programs join the AFM, al-
though most of them in cities are already
members of the National Association of
Broadcasting Engineers and Technicians.
It is hard to predict whether Petrillo/
will again get his way on this and the
three proposals which he is submitting for
the new contracts. However, the very fact
that the networks have included five de-
mands for Petrillo and his union would
give more freedom in FM and television is
significant.

The network demands include continua-
tion of co-operative music shows (that is,
shows sent out by the network with the
local sponsors sharing the cost) and also
of delayed recordings, which make it pos-
sible to hear a show at the same hour all
over the country by playing records of net-
work broadcasts in the different time belts.
The demands also ask Petrillo to retract
three of his previous bans.
The issue of Petrillo vs. the networks is
an important one. If some of the network
proposals are carried, it will be the first
time in some years that Petrillo has been
overridden. His latest contention, that thou-
sands of musicians are being forced out by
the growing popularity of disc jockeys, has
already been answered by the radio industry.
They argue, convincingly, that these jockeys
actually create work for musicians because
their record broadcasts popularize all types
of music and increase the demand.
Petrillo's psychology is slipping, even with
many members of his own union. If this
trend continues, the proposals of the net-
works for the new contracts may go through.
It is certainly a milestone worth watching
for.
-Lilias Wagner.

On Bryan' Views
T Ii-,

All Seniors. L. S. & A.: Class
dues ($1) should be paid to rep--
resentati'es of the Finance Com
inittep by thejt end of thi s weed.
There will be a booth outside UHn.
2, University HoL11, Thurs.. Jan. 15,
9 a.m-6 p.m., where those who
have not already paid their dues
may do so.{
Students expecting to do direct-
ed teaching for the secondary-
school certificate in the spring
term, are requested to secure as-
signments in Rm. 2442, University
Elementary School, Thurs., Jan.
15, according to the following
schedule:
English, 8:30-9:30.
Social Studies, 9:30-10:30.
Science and Mathematics,
10:30-11:30.
All foreign languages, 11:30-
12:00.
All others, and any having con-
flicts at scheduled hours, 2:00-
3:00 or by appointment.
Student Loan Prints: Students
are reminded that the Student
Loan Prints are to be returned
to Rm. 206, University Hall Jan.
12 thru Jan. 1i. A fee of five
cents will be charged for each
day the picture is held after Jan.
16.
Feb. 2 through Feb. 6 copy
of each print will be on ex-
hibit in Alumni Memorial Hall.
The prints will be reassigned to
the students between Feb. 9 and
11. Students are again reminded
to bring full identification with
them and the rental fee of 50
cents for the semest er.
All students: In order to regis-
ter for the second semester it will
be necessary for each student to
show his identification card at
Wateiman Gymnasium-.
Students who do not niow Pos-
sess an identification card may
receive special permission to re-_I
ister by applying at the Student
Affairs Office, Rm. 2, University
Hall (See Mrs. Cornelia Sowers .
Applications should be made be-
fore January 30.
Recreational LAadership, Wom-
en Students: Upperclasswomen
may apply for the course in Rec-
reational Leadership offered by the
Department of Physical Education
for Women on Fridays, 3-5 p.m.
during the second semester. Appli-
cation blanks may be obtained in
Room 15. Barbour Gynasium
and must be returned by January
16.
Closing hours for women stu-
dents are as follows: Feb. 2-5 will
be 11 p.m. J-Hop nights. 4 a.m.
Feb. 8, 11 p.m.
Applications for Grants in Sun-
port of Research Projects: Faculty
members, who wish to apply for
grants from the Research Funds
in support of research projects
during the next fiscal year, should
file their 'applications in the Of-
fice of the Graduate School by
Friday, Feb. 6. Application forms'

at Rin. 1006, Rackham ldg
telephone 372.
Veterans attending school un-
der Public Law 16 are reminded
that reports of absence for the
Fall Semester are due the first
day of the final examination pe-
riod, Jlan. 19. Absence report cards
may be mailed or brought to the
Veterans Service Bureau, Rm.
1514, Rackham Bldg.
When no report is on file, the
veteran's records are incomplete
and leave cannot be approved un-
til a statement from the institu-
tion is obtained by the student
certifying the amount of absence
charged to him.
College of Engineering, Registra-
tion Material: Students enrolled
in the current term should call
:ur Spring Lean registration ma-
terial at Rm. 244, W. Engineering
Bldg., beginning Tuesday, Jan. 20,
9-12 noon and 1:30-4:30 p.m.
Lectures
University Lecture: Dr. Harlow
Shapley, Director of Harvard Col-
lege Observatory, will lecture on
the subject, "Science in Interna-
tional Affairs," Mon., Jan. 19, 8
p.m., Rackham Amphitheatre;
auspices of the Department of As-
tronomy. The public is invited.
Acadeitc Notices
Doctoral Examination for Arvid
Werner Jacobson, Mathematics;
thesis: "A Generalized Convolu-
tion for the Finite Fourier Trans-
formation," Thurs., Jan. 15, 3:15
p.m., Rm. 274, W. Engineering
Bldg. Chairman, R. V. Churchill.
Doctoral Examination for James
Gregg Rowbury, Fo-estry and
Conservation; thesis: "The Appli-
cation of Accounting Theory to
the Field of Industrial Forest
Management," Fri., Jan. 16, 4 p.m.,
Rm. 2045, Natural Science Bldg.
Chairman, D. M. Matthews.,
Zoology Seminar: Mahlon C.
Rhaney will speak on "Correlation
of blood sugar with liver glycogen
in the kingsnake Lapropeltis
getuius flm'ridamns) ", Rackham
Amphitheatre, 7:30 p.m., Jan. 15.
All interested are welcome.
English 107: First semester exami-
nation for all sections of English
107 is scheduled for Mon., Jan. 19,
2-5 p.m., I.m. 101, Economics
Bldg.
Room Assignments for German
1, 2, 31, 3:, 35-Finals examina-
tions, Thars., Jan. 22, 2-5 p.m.
German 1, sec. 1, Heilbronner,
1025 All; Germnan 1 sec. 2, Graf,
2003 AH: German 1, sec. 3, Gaiss.
1025 AH; German 1, sec. 4, Bige-
low, 1025 Al; German 1, sec. 5,
Rc-d, 202 NS; German 1, sec. 6,
Braun, "B"" HI; German 1, sec. 7,
Willey, 2003 AH; German 1, sec.
8, Packer, "B" H; German 1, sec.
9, Mertens. 205 MH German 1,
se:. 10. Goetter, "D" HH; Ger-
man 1, sec. 11, Goettler, "D" HH
German 1, sec. 12, Halley, "D"
AMI; German 1, sec. 13, Gaiss,
1025 AH; German 1, sec. 14, Reed,

FITOR'S NOTE: Because The Daily'
prints every letter to the editor re-
ceived (which is signed, 3011 words
or less in length, and in good taste)
we remind our readers that the views
expressed in letters are those of the
writers only. Letters of more than{
300 words are shortened, printed orj
omitted at the dicretion o the ed-i-
torialIdirector
* * *
,(Jpjfq1. y Plait
To the Editor:
r1I E ADVISORY plan of student
legislature meets a need,- but
thme plan as now established is ren-
dered melfective by the attempt
to provide only factual informa-
tion.
It is naive to think that a course
can be evalated merely through
consideration of the material,
which is presented in it. Almost
every advanced student chooses
his course for the professor as
i lmuch as for the content, and if
one of these criteia is more im-
portant, it is probably the profes-
sor. Furthermore, the student is
going to obtain an estimate of the
profe.ssor from someone; it is
better that it be a qualified ad-
viser rather than some friend.
It is also important for the stu-
dent to know the relative diffi-
culty of the couse. A student who
wishes to learn should be stopped
fr'om taking a ' snap-coth's in
which he will learn nothing, al,
though the course content is what
he wants. Students will get suchi
evaluations; it is again better ha'
they come from q malificd advisers.
Also therear et imes when a
,student will want an easier course;
with twelve difficult hours, there
is no reason why he should not
take one "breather." Students who
would take advantage of this
would take "pipe" courses" any-
how, and it is conceivable that a
good adviser could steer him to a
more substamntIial progiram, even
with aim of achieving an easy
schledule.
I think that the advises will
find that to really assist the stu-
dent it will be impossible to ad-
vise him, excepting perhaps a stu-
dent interested in basic courses,
without considering these ques-
tions.
-David L. Wagner.
Su bsistence Drive
To the Editor:
r 1HE CURRENT "Operation Sub-
sistence" seems tto me to be
quite unreasonable. After all, is
the government supposed to make
it possible for veterans to attend
school, or is it supposed to provide
its ex-servicemen with four years
of expense-free life? I think the
former is true.
I do not think it is fair that
the government be expected to
pay for clothes, haircuts, toilet
items, etc., which the vets would
er, "B" HH; German 1, sec. 16,
Mertens, 205 MH; German 1, sec.
17, Norton, 2054 NS; German 1,
sec. 18, Bernard, "C" HH; Ger-
man 1, sec. 19, Schippert, 101
Econ.; German 1, sec. 20, Hoff-
man, 3017 AH; German 1, sec. 21,
Fuehrer, "B" HH.
German 2, sec. 1, Yates,2231
AH; German 2, sec. 2, Pott, "E"
HH; German 2, sec. 3, Norton,
2054 NS; German 2, sec. 4, Brown,
35 AH; German 2, sec. 5, Bernard,
"C" HH; German 2, sec. 6, Gaiss,
1025 AH; German 2, sec. 7, Halley,
"D" AMH; German 2, sec. 8,
Yates, 2231 AH; German 2, sec.
9, Berg, 2225 AH; German 2, sec.
10, Bernard, "C" HH; German 2,
sec. 11, Brown, 35 AH; German 2,
see. 12, Halley, "D" AMH.
German 31, sec. 1, Berg, 2225
Al-I; German 31, sec. 2, Willey,
2003 AlI;German 31, sec. 3,sEat-
on, 201 UH; German 31, sec. 4,

Van Duren, 203 UH; German 31,
sec. 5, Gaiss, 1025 AH; German 31,
sec. 6, Packer, "B" HH; German
31, sec. 7, Reichart, "G" HH; Ger-
man 31, sec. 8, Brown, 35 All;
German 31, sec. 9, Berg, 2225 Al;
Ger'man 31, sec. 10, Halley, "D"
AMHIl; German 31, sec. 11, Packer,
"B" HH.
Gernian 32, sec. 1, Brown, 35
AH; German 32, seC. 2, Reichart,
"G" HH; German 32. sec. 3, Pott,
"E" HH; German 32, sec. 4, Ber-
nard, "C" HH; German 35, sec. 1,
Reiss, 101 Econ.; German 35, sec.
2, Wahl, 225 AH; German 35, sec.
3. Hoffman, 3017 AH; German 35,
sec. 4, Mertens, 205 MH; German
35, sec. 5, Reiss, 101 Econ.
History 11, Lecture Group i:
Final Examination, Waterman
Gymnasium, Mon., Jan. 26, 2-5
p.m.
History 49: Final Examination,
Jan. 24, 2-5 p.m. Names A-M (In-
clusive), Rm. B, Haven Hall;
Names N-Z (Inclusive), Rm. 348,
W. Engineering Bldg.
History 112, Byzantine Civiliza-
tion: This course will be given.
Mon., Wed., and Fri., 11 a.m., Rm.
315, Haven Hall.
History 194, Reading Course in
Latin-American Studies: Listed
iinder the various deDartments.

have had to buy in any event. The
grvernnment's responsibility ends
after it pays for the tuition, books,
and room and board of veteran
students. The books and tuition
are payed out right- the $65 a
month i to covem the costof room
and bOa 'd. This should be suf-
licient since the cost of living in
the residence halls is about $60 a
month.
I close with a slogan-"$65 for
room and board --- not one cent
for b*mem."
-Diek Fleischman
Palestine Fu rtw
Tlo The Editor:
AM a peace-loving man. But
my pea('e has been considerably
disturbed by the recent duel on
the Palestine question in this col-
umn. Much animosity is shown,
by. both sides and much ill will
is thus create(. We the stu-
dents of all people have some-
times the deplorable tendency to
ague without knowledge of the
ncessaiy fats. The facts on this
issue are to be found on p. 3 ff
of the Atlantic Monthly for Jan-
uary, 1948, under the heading,
"The Atlantic Report on the Mid-
dle East." This report is the best
of its kind I have ever seen-a
concise, precise, informative and
intelligent piece of journalism if
there eyer was one. I very strongly
lrge all interested in the Pales-
tine - questiomn to read it by all
mneanis. 'llio three pages of the
article are too full of facts for
me ti sumnmarize in a letter to
The Daily. I am positive that all
who are iterested in the foreign
situation (and who isn't nowa-
days?) will appreciate it. I hope
too that it will clarify much and
probably end the fight in this
column thus giving much-needed
space for letters saying that. the
Wolverines are a better team than
the Irish,
-Edwin Yahiel
Nam ne Calling
To the Editor:
LAST FRIDAY I went to the
Casbah for the first time and
was astonished at what I wit-
nessed. It was the intermission
entertainment, which was, for the
major part, a sort of play ridi-
culing MYDA. MYDA was a cam-
pus organization till recently when
its recogniton was withdrawn by
the University without giving it
a chance to explain or defend
itself. Whatever be the merits of
the withdrawal of recognition,
-choosing the nasty job of calling
it names as an intermission en-
tertainment on the campus dance
floor is out of place and indicates
bad taste on th.e part of those
responsible for it.
-K. Subrahmanyam
AH; Ecker, 1025 AH; Leu, 1025
AH; Walter, 2003 AH; Heady, 231
AH; Eldersveld, 2225 AH; Fifield,
C, Haven; Norton, C, Haven;
Sigur, B, Haven; Vernon, B, Ha-
ven.
Political Science 2: Final Exam-
ination, Wed., Jan. 28, 2-5 p.m.,
West Gallery, Alumni Memorial
Hall.
Concerts
The University Musical Society
will present the PAGANINI
STRING QUARTET-Henri Te-
mianka and Gustave Roeseels, vio-
lins; Robert Courte, viola; and
Gabor Rejto, Violoncello; Eighth
Annual Chamber Music Festival,
Rackham Auditorium, Fri., 'and
Sat., Jan. 16 and 17, in three pro-
grams as follows:
Friday, 8:30, Jan. 16.
L'Estra Harmonico...... Vivaldi

Quartet, Op. 130 ...... Beethoven
Quartet No. 1, Op. 7 .....Bartok
Saturday, 2:30 p.m., Jan. 17.
Quartet No. 3, Op. 64 .......Haydn
Quartet No. 5 ......... Chevreul
Quartet No. 4, Op. 18 ..Beethoven
Saturday, 8:30 p.m., Jan. 17.
Quartet, Op. 64, No. 5 .... Haydn
Quartet No. 2 ..........Milhaud
Quan'tet, Op. 132 ...... Beethoven
Tickets may be purchased at the
offices of the University Musical
Society in Burton Memorial Tower
daily; and in the lobby of theA
Rackhiam Building one hour pre-
ceding each performance.
The University Musical Societ'
will present concerts by two ma..
jor orchestras-The Minneapolis
Orchestra, Dimitri Mitropoulos,
conductor, Sunday, Feb. 15, 7 p.m.,
in the Extra Concert Series; and
the Detroit Symphony Orchestra,
Karl Krueger, conductor, Monday,
Feb. 23, 8:30 p.m.. in the Choral
Union Series. Both concerts will
be held in Hill Auditorium.
A limited number of tickets are
available for both concerts at the
offices of the University Musical
Society in Burton Memorial
Tower.
Midwestern Conference Concert:

O NE OF THE BEST THINGS to hit Ann
Arbor this semester is Julien Bryan, with
his movie "Inside Russia Today."
To all who heard his talk Tuesday night,
Bryan wisely imparted his cool-minded view
of events taking place in the supposed "Cold
War" between Russia and America. Includ-
ed in this was a refutation of the type of
hysteria which is fast leading us into isola-
tion from Russia, and unfounded predic-
tions that a war would begin by April. 0
As proof that these predictions were
mere hysteria, Bryan offered films of the
Russian people and country and state-
ments of Stalin and Bedell Smith, the
American ambassador to Russia.
Stalin has told Smith that he expected
an exchange of students between Russia
and America, within the year. He has fur-
ther stated that the reason Russia allowed
so few correspondents to come into the
country was that the Soviet still had to re-
pair its country from the damage done by
Germans during the war.
The films which Bryan presented, along
with his commentary, offered evidence that
Russia could not wage a war now. One out
of every five men were killed in the war, and
there are many thousand amputees who
would be unable to assist their country in
time of war.
Buildings and factories of Russia were de-
stroyed during the war, to such an extent
that Russia had to rely on UNRRA for farm
machinery. They were mainly interested in
this machinery and food, and expressed no
desire for commodities which might have
any war-making significance.

The Russian people and diplomats them-
selves are afraid of another war, Bryan
said. The country's vitality was exhausted
by the recent war, and their psychological
condition and material resources could not
support further war.
Bryan can be taken as a well-informed
and impartial observer of what Russia is,
since he was an UNRRA photographer, and
has taken nine trips to Russia as part of his
job of acquainting different culture groups
with one another, through films.
The pictorial evidence and up-to-date
observations of Bryan, who just returned
from Russia, convincingly refute the wild-
eyed prophecies of men who sit in their
American news offices and fabricate plots
to spin around what little they do know
about Russia today.
-Fran Ivick
THE FALLACY in much thinking about
ERP was that it would increase overall
U.S. exports, thus increase inflation. But
it would not do so, even though the U.S.
was handing out the cash to other nations
to pay for the exports. ERP's exports would
merely replace most of the exports which
foreign nations could no longer afford. With
ERP and loans from the World Bank and
other sources, U.S. exports in 1948 might run
only as high as $12 billion. But they would
still be !3 billion under 1947, and the more
ERP was shaved by Congress - and the
more delay there was in passing it - the
greater would be the drop.
--Time

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