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December 11, 1949 - Image 8

Resource type:
Michigan Daily, 1949-12-11

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Prof. Paton Crisp, Quotable

Though best known as an auth-
ority on accounting, Prof. William
A. Paton has extended his inter-
ests and activities far beyond the
intricacies of the realm of debits
and credits.
Crisp comments on public af-
fairs, plus several popular ac-
counting textbooks have made
Prof. Paton's name familiar to
students of economics and busi-
ness administration for a good
many years.
member of the University faculty,
he has, written some 75 articles,
several books, done editorial work,
served on the Ann Arbor city
council, and furnished technical
advice to various governmental
About a year ago, Prof. Paton
broke into headlines in newspa-
pers throughout the nation when
.ie coined the word "Zollar" to
describe the ,inflated 1948 ver-
sion of the dollar.
All this happened when Prof.
Paton testified before a Congres-
sional committee which was trying
to decide what should be done
about the level of corporation in-
come taxes.
More recently, Prof. Paton pre-
pared a special statement for
President Truman's steel fact-
finding committee, which func-
tioned last summer when the steel
industry was plagued with serious
labor troubles.
* * *
BUT TEACHING here at the
University is Prof. Paton's true
profession. As a teacher, he is pri-
marily concerned with the patterns
and goals of our educational pro-
As he sees it, the basic objec-
tive of education should be "to
encourage clear, unemotional
thinking about ourselves, our en-
vironment, and the relations be-
tween these factors."
In meeting this objective, he be-
lieves that courses stressing quan
titative measurements and the
means of expressing ideas play an
important role.
"Such courses aim at increas-
ing facility in the two main typcs
of 'rental operations-measuring,
prraying and sizing up; and com-
n-unicatirg the results of measu e-
ment and appraisal," Prof. Pakton
HE DESCRIBED his own sub-
Ject, accounting, as an excellent

a: : c

Prof. PriCe
To Lectre
Here Airqin
Scholar WiI Talk
On 11St h-es cae
University stude ntts will again
be able to hear Prof. Hereward T.
Price's f a m ous Shakespeariar
comments at 8 p.m. Tuesday ir
Rackham Lecture Hall.
In a University lecture pre-
sented by the Price-Student
Foundation and sponsored by the
English department, Prof. Price
will speak on "The Construction
of Shakespeare's Plays."
ganized last spring with the pur-
pose of enabling students to again
hear Prof. Price, a member of the
English department on retire-
ment furlough.
Last spring during the last
few minutes of his final Shake-
speare class at the University,
Prof. Price's students presented
him with a bound volume of his
lectures for both his Shake-
speare and Chaucer courses.
Tl'e presentation was made in
tribute to the "awe, admiration
and love for th art of William
Shakespeare" with which he has
"at all times inspired us."
At that time, students from
both his Shakespeare and Chau-
cer classes decided to organize
the Price-Student Shakespeare
Foundation, through whose ef-
forts Prof. Price's lecture is being
Rabin ovitch Will
Talk at Lane Hall
Dr. Ralph D. Rabinovitch, di-
rector of the Children's Service
at the Neuropsychiatric Institute,
will participate in the Psychology
Colloquium at 3:30 p.m. tomor-
row, in Lane Hall basement.
He will discuss some observa-
tions on parent-child relations in
the study of disturbed children.

Card Sales
To Continue
Purchase Cards will be on sale
from 9 a.m. to 3 p.m. tomorrow
and Tuesday in the Administra-
tion Building Lobby for the Chica-
go and Buffalo areas as well as the
Detroit area, according to Pur-
chase Card Chairman. Leonard
Wilcox, '52.
"We have 57 stores in Chicago
honoring Purchase Cards, most of
them on the South Side around
the University of Chicago," he said.
The 25 stores in Buffalo center
around the University of Buffalo,
Wilcox added.
* * *
give 10 per cent discounts, upon
presentation of a Purchase Card,
on radio goods and services in ad-
dition to merchandise ranging
from jewelry to clothing, Wilcox
Buffalo stores offer discounts of
from 10 to 20 per cent, he said.
Cards sell for $1.00 and a list
of stores in all three cities will
be issued with each sale. Cards
are good until Sept. 15 in these
areas as well as 17 others
throughout the country, Wilcox

-Daily-Herb Harrington
MICHIGAN RECORD ALBUM-Don Greenfield, (left) of the Wolverine Club, and Ray Okonski,
recording engineer, show the first disc of the 1949-50 Michigan memories record album to a group
of Helen Newberry co-eds. The girls (left to right) are Nancy Eichenlaub, Irene Askeu, Kathleen
McKinney and Sherry Truesdell.
Campus Hears 'U' MemoryReCord

-Daily--Carlyle Marshall
ECONOMIST-ACCOUNTANT - Prof. William A. Paton, who
holds the title of Edwin Francis Gay University professor of
accounting, as well as that of professor of economics, studies in
his office in the business administration skyscraper.

example of such courses, in that it
eeks to array and interpret the
ignificant measurements of eco-
lomic activity, a field in which
:lear thinking seems rather scarce.
"This is an era of unprece-
dented economic illiteracy," ac-
cording to Prof. Paton. "On ev-
ery hand people are accepting
preposterous, fantastic ideas as
practical policies."
He attributes much of this
sloppiness in economic thinking to
the fact that "we have to contend
with the general impression that
anyone can understand the com-
plexities of the economic process
without any training."
* * *
BUT REGARDLESS of the gen-
eral level of economic thinking',
Prof. Paton has a favorable opin-
ion regarding University students.
"The Michigan student body
rates high with respect to serious-
ness of purpose and willingness to
work," he observed. "Standards of
performance here have been and
continue to be high."
' However, he thinks that
scholastic morale could be im-
proved by stopping this "silly
business of letting flunking stu-
dents drop courses when the
semester is half gone or later."

"Knowing that marriage with a
course can be readily annulled,
students are less likely to pitch
into the work whole-heartedly and
effectively," was his comment on
the question.
* * *
TURNING TO his fellow facul-
ty members, Prof. Paton advised
them "not to besuperior to thei
drudgery connected with their
work, such as preparing, managing
and marking examinations, which
should come several times during
the semester."
He added that "I am not very
sympathetic with the prima-
donnas on the faculty who neg-
lect the routine chores, and even
have difficulty getting to classes
In his own classes, Prof. Paton
injects frequent doses of humor to
maintain student interest. Not
long ago, while he was dramatizing
a complicated business transaction
in his best Shakespearean style,
one ,of his students turned to
another and critically remarked:
"What a ham!"
"I am forced to agree with his
appraisal," Prof. Paton admitted,
as he returned to the task of pre-
paring for an approaching class.

The record goes round and
round, and so are members of the
Wolverine club as they make the
rounds of all campus residences to
show students the first disc of the
1949-50 Michigan memory album.
Helen Newberry and Martha
Cook Dormitories were the first
houses to be visited by students
taking orders for the $6 album
which will contain three 12 inch
non-breakable records.
AT EACH residence listeners
will be asked to suggest approp-
riate names for 'the album, which
is to contain recorded snatches
from memorable events through-
out the school year.

sender to: Wolverine Club, C-O
Dean Rea, Administration Build-
ing. The contest will close Wed-
* *.*
THE CONTENTS of the first
disc are primarily centered about
the football season, with portions
of several Wolverine games, pep
rallies, University band selections,
the Homecoming display winner
announcements, and the Danny
Kaye show.

Don Greenfield, in charge of the
project, announced that the price
of the album will be raised to $6.50
at the beginning of the spring

The contest, being held to de-
cide a name for the album, is
open to all University students,
and a $25 U.S. Savings bond will
go to the winner. Record albums
will be awarded to the originat-
ors of the two runner-up sug-
Name entries may be mailed
with the name and address of

Strange urgent quest of
"The Indissoluble Tear"
by blind author
35c at Marshall's booknook
211 S. State and campus bookstores

Santa Says:
fSantaSuggests: GIFTS IN LINEN
u :: : "TABLE CLOTHS, with Matching Napkins
also Large Beach Towels, plain & striped
available in long and square styles
o Open 5:30 to 9:30 11 Nickels Arcade
$::c ::;:0 ;;;;> <:::> <::::0 ::::> <;::o ;;;;o ;;;;0 ;;;;> <;;;> <;;;0


~itenih Ri...

Hooper has his ratings-so does
the Michigan campus.
An informal survey of what ra-
dio programs students are listen-
ing to indicates primarily that ra-
dio tubes are not wearing. out in
vast numbers.
ABOUT 80 PER CENT of the
students queried answered or pre-
faced their favorite program
choice with "I never get a chance
to listen to the radio" or "I haven't
heard a radio since I've been up at
Many took a while .to think, ex-
plaining "I used to like that pro-
gram 2 years ago" and inquiring
"is it still on the air?" or "Is it still
as good as it used to be?"
Music programs seem to take
first place among the listeners,
with classical music way out in
front. The single program with
the highest numiber of yeas was
the N.Y. Philharmonic.
The Metropolitan Opera and
the NBC Symphony also rated
high on the music list.
The popul rity of these pro-
grams was explained by their en-
dorsers by the fact that they are
broadcast on the week-end "when
I sometimes get a chance to tune
in" and that "they provide a good
background for studying."
an overall second place going to
Jack Benny.
His continued success was ex-
plained by one student who said,
"Benny's got a type of humor

that makes you feel like a mem-
ber of his family."
"After listening to him for 13
years I can predict almost every
joke before he tells it-and he's
still terrific. Show me one other
comedian who can just say 'lmm'
week after week and send his lis-
teners rolling in the aisles."
close on Benny's heels in the stu-
dents' favor. Comments on Morgan
ranged from "He's got character"
to "He's clever and out of the or-
Phil Harris, Bob Hope, Bing
Crosby and Garry Moore got
honorable mention.
Stating a preference for Garry

Moore, one student said, "He's
crazy, but he puts me into a good
frame of mind before I hit the
"SAM SPADE gets my first place
vote" one man explained, "He's got
that dashing, brilliant, carefree
arrogance that every guy tries for
-including the beautiful secre-
One football enthusiast said his
favorite program was the Detroit
Lions Football games-"Cause I
can't afford a ticket."
Burial By Exposition
The parsees in Bombay expose
their dead to the open air be-
lieving that burial defiles the

. J





D Round trip $28
via steamship H UuP.

the 1950 ENSIAN? I

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