Ti MAY 29 195'7

THE MICHIGAN DAILY

;ONOMICS PROFESSOR:.
Watkins Retires After Long Career at University.
40

Cab in Counselors' Posts
Still Open at 'U' Camp

By JOHN AXE
"Things have changed a lot
since I first came to the University
back in 1922."
These were the words of Prof.
Leonard Lyon Watkins of the eco-
nomics department as he settled
back in his chair in the quiet,
time encrusted office on the second
floor of the old gray economics
building. x
He has occupied this office for
the past 25 years.
Trolleys and Ferry Field
The slender, slightly balding
professor, who still speaks with a
marked southern drawl, recalled
that when he first came to the
University, several years after
graduating from the University of
Texas, Ann Arbor still had a one-
horse trolley and football games
were played down on Ferry Field.
"Even this building has changed
a good deal," he added. "When I
first taught in this building, it was
also used by the political science
and sociology departments."
The native Alabaman-he was
born in Yantley, Ala., July 30,
1896-noted that the programs in
his fields of international finance
and money and banking had not
changed much in the years he has
taught them.,
Haven't Changed Much
"They have been pretty stable,"
he remembered, "despite the fact
that I taught an era which saw
the stock market crash of 1929,

the panic of '33 and the collapse
of the gold-standard on a national
and international basis."
He recalled, however, "the panic'
of 1933, when every bank in Ann

ing at the University of Cincinnati
and a year's leave for fellowship
study at the University of London.
A member of the American Eco-
nomic Association, the Royal Eco-
nomic Society and Delta Sigma Pi,
he has been a full professor since
1934, having previously been
awarded assistant and associate
professorships in 1927 and 1929
respectively.
When asked about future plans,
he pondered at his desk, bordered
on one side by a picture of a for-
mer chairman of the department
and on the other by a picture of
the Bank of England, and replied,
"My roots are deep in Ann Arbor."
Old Place in South
"All five of my children and my
wife have attended the University
and I received my Doctor of Phil-
osophy Degree here in 1927."
"I do, however," he continued,

"have an old home place in south-
ern Mississippi which I would like
to put some work in on, as well as
an island in Florida which, if I
ever build a cottage on it, will al-
low me to fish from both the front
and back porches."
Won't Stop Working
He also suggested that while he
intends to put more time in on
his hobbies-which include books,
music, and painting "with a six-
inch brush" - he will not stop
working entirely. '
"Indeed," he said, looking around
the large office which contained
three huge book cases bulging with
huge volumes as well as a large
table piled high with other books
and loose papers, "My first job
will be to try to move out the
accumulation of materials which
have been piling up here for the
last two and a half decades."
-_ __

Positions are still available ford
male students who wish to serve
as cabin counselors at University~
Fresh Air Camp this summer, ac-
cording to Dr. William Morse, di-
rector of the camp.
Students may earn up to eight
hours of credit in education, psy-
chology, sociology, or social work,
while obtaining practical experi-

ence in working with problem boys
referred by social agencies.
Counselors receive room and'
board, and a full tuition scholar-
ship for the summer session.
Interested persons may obtain
further information from Mrs.
Nancy A. Bates, Rm. 504-D, Uni-
versity Elementary School, or by
calling University extension 2158.

PAGE THREE
r VOG"EL'SA
SUMME R BICYCL E
STORAGE
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EITHER LOCATION!
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Greyhound's the way to go-
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.-

I-IWIEEL

PROF. LEONARD WATKINS
... at 'U'since 1922
Arbor was closed, certainly added
interest to the course in banking
and gave us a lively time for a
while."
He has been at the University
continuously since then with the
exception of two years spent teach-

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