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July 28, 1931 - Image 4

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Publication:
Michigan Daily, 1931-07-28

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PAGE FOUR

ME SUNEVIER MICHIGAN DAILY

TUESDAY, JULY 28, 1931

PA.GB FOUR LEE SUMMER MICHIGAN DAILY TUESDAY, JULY 28, 1931

Daily Official Bulletin
Publication in the Bulletin is constructive notice to all members
of the University. Copy received at the office of the Dean of the
Summer Session until 3:30, excepting Sundays. 11:30 a.m. Saturday.

ANALYSIS, REPORT
ON PRESENT WHEAT
SURPLUS EL EASE

WHEN PITTSBURGH WENT WET

GOVERNOR MURRAY
QUITS TOLL FIGHT

VOLUME XI

TUESDAY, JULY 28, 1931

NUMBER 25'

OKLAHOMA CITY,
27.-(YP)-Gov. William

Okla., July
H. "Alfalfa

__ _-_'_ -

Afternoon Conference Today on Education. At the afternoon con-
ference, which will be held at 4:00 p.m. in the University High School
Auditorium, Professor B. F. Pittenger, Dean of the School of Education,
University of Texas, will speak on "Professional Leadership in Educa-
tion." All interested in Education are urged to attend.
Faculty Concert Series: The fourth concert in the summer series
will be given this evening at Hill Auditorium at 8:15 o'clock.
Assistant Professor Joseph Brinkman of the Piano faculty will present
the following program which the general public is invited to attend.
No admission charge. Beethoven, Sonata, Op. 10, No. 3-Presto.-Largo
e mesto-Menuetto-Rondo: Respighi, Gagliarda (Galilei 155.), Siciliana
(Ignoto 16.), Passacaglia: Chopin, Ballada, G minor, Nocturne, Op. 72,
No. 1, Waltz, D flat, Etude, Op. 25, No. 11: Brinkman, Sonata-Allegro
moderatofScherzettop-Andantino-Allegro maestoso.
Physics Colloquium: Mr. W. F. Westendorp, of the Research Labor-
atory at the General Electric Company in Schenectady, will talk on
"Measurement on Metastable Atoms of Neon", at 4:15 today in Room
1041, East Physics Building. All interested are invited to attend.
W. F. Colby
Mathematical Club: A summer meeting will be held today at
4 p.m. in room 3011 A. H. P Dofessor Peter Field will speak on the
"Problem of the Top". All who wish to come will be made welcome.
N. Anning, Secretary
Phi Delta Kappa-The annual summer initiation will take place
today at the Michigan Union. The initiation ceremony will
be held at 4 p.m. with the banquet following at 6 p.m. The speaker
of the evening will be President George F. Zook of Akron University,
Akron, Ohio. All members of Phi Delta Kappa are cordially invited, es-
pecially members of other chapters who may be in Michigan this sum-
mer. (L. 0. Andrews, President of Omega Chapter)

Steadily increasing Supplies,
Efforts to Withhold
Surplus Blamed.
ACREAGE IS EXCESSIVE
Farm Boards, State Operations,
Pools Make Situation Worse,
Experts Maintain.
CHICAGO, July 27.-( P)-The'
Grain Market Analyst club, num-
bering the leading grain statisti-
cians and crop experts as its mem-
bers, blamed steadily increasing
supplies and efforts to withhold the
surplus from the market for the
present world wheat situation.
The analysis, released Sunday,
said that wheat had very little val- i
ue except for human food, and "aI
surplus beyond human consumptive
capacity means a cumulative un-
wanted surplus that forces price
concessions."
War Partly Responsible.
Continuing, the analysis said:

Bill" Murray, back from his martial
law camp at the Dpnison-Durant
toll bridge, commanded the state
highway department today to obey
the orders of the federal court he
had previously defied.
A federal injunction issued at
Muskogee Saturday forbade state
interference with persons using the
bridge and dissemination of infor-
mation along the highways direct-
ing traffic to the free bridge.

Y.v
I
Above photo was made in Pittsburgh, Pa., after a nine-tenths of
an inch rainfall had inundated a quarter-mile section of the city re-
cently. The waters abated quickly, however, and the sewers, which had
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Harris Hall. Open house at Harris Hall this afternoon from four
to six at which time tea will be served.
Excursion No. 2a: A repetition of Excursion No. 6-the Ford Air-
port; also, a visit to Hen y Forrt's unique museum of Americana known
as Greenfield Village, which includes examples of American architecture
of 100 years ago, and Thomas A. Edison's original Menlo Park laboratory.
The party leaves Wednesday, July 29, at one o'clock, from in front of
Angell Hall. Round trip by moto.:bus, $1.00. Reservations must be made
before 5 p.m. Tuesday, July 28, in room 9, University Hall. The number
of students who can be accommodated is limited, Carlton F. Wells I
Michigan Socialist Club: Prof Howard Ellis of the Department of
Economics will discuss "PLANNED ECONOMY-WILL IT WORK?" 8
o'clock Wednesday evening at the Michigan Union. All opinions are
invited.
Southerners: The Women's League invites you as its special guest
to the tea dance Wednesday at the League, from 4 to 5:30.
Katherine O'Hearn, League President
Students in Physical Education are invited to the tea dance Wed-
nesday at the Women's League, from 4 to 5:30.
Katherine O'Hearn, League President
Childrens Rhythms Class: Childrens Rhythms Class will meet Wed-
nesday afternoon at 3:00 for the younger children at 3:30 for the older
children.
Put-in-Bay Excursion: Party will leave at east entrance of the,
Natural Science Building by motor bus at 7 a.m. and arrive at the dock
of the steamer "Put-in-Bay" at the foot of First Street, Detroit, at 8:45.
Steamer sails at 9 and arrives in Put-in-Bay at 12:45. Returning
steamer sails at 4 and arrives in Detroit at 8 p.m. Motor busses wait
at dock and pa-rty should reach Ann Arbor at 9:45 p.m. Round trip fare:
motor bus, $1.25, and steamer, $.75. Both tickets may now be obtained
at the Summer Session office, Room 9, University Hall. Students bring-
ing picnic lunches will be able to keep total expenses under $3.00, in-
cluding admissions to the island caves. Those who wish may join the
party at the steamer. The excursion is compulsory for members of
Geology 31s. William H. Hobbs

"Efforts to attribute responsibil-
ity for present low wheat prices to
market manipulation, short selling
or Russian dumping, break down
entirely in the face of a tremendous
and growing world surplus of wheat
in comparison with world require-
ments. This surplus represents the
patriotic effort to stimulate wheat
production in North America, Ar-
gentina, and Australia during the
World war, to fill the void left by
the withdrawal of Russia from the
field of world supply.
5 Years Show Sharp Increase.
The world wheat supplies have
been increasing more rapidly annu-
ally during the last five years, than
could be absorbed at prevailing
prices, the report continued. In the
I first five9years of the decade, from
1920 to 1925, world available sup-
plies averaged 3,525,000,000 bushels
per year, and consumption 3,220,-
000,000.
In the second half of the decade,
from 1925 to 1930, supplies aver-1
j age 4,000,000,000 bushels yearly,'
and consumption 3,365,000,000 bu-
shels annually, the analysts said.
Last year, available supplies were
4,365,000,000 bushels and consump-
tion about 3,765,000,000 bushels.
"In other words, surpluses were
steadily increasing," the report con-
tinued.
Individual Efforts Bad.
"Efforts, either by individual co-
operation like the Canadian pools,
or governmental operations like the
federal farm board, or state efforts
in Australia to temporarily hold the
surplus off the market, only make
the situation worse in the end,
through holding out the hope of se-
curing profitable prices and en-
couraging a continued excess of
acreage and excessive production.
"The prestige of the government,
backed by hundreds of millions of
dollars, cannot overturn the imnu-
table law of supply and demand,
and such effortscontinued, only to
serve to waste the creation of furth-
er surplus when it is the existence
of that surplus which is the funda-
mental cause of the trouble."

'WICKERSHAM FLAYS
A*MERICANPRISONS
I.
(Continued from Page One)
nal was one of the first requisites.
It held fortress-like prisons of the
Auburn type were unnecessary
ave for the worst types.
"The millions of dollars now em-
ployed to construct elaborate maxi-
mum-security poison," it said,
"could with much better advan-
tage, be used in the development
and proper financing of adequate
systems of probation and parole."
Under the proposed system all
prisoners would be paid wages
their treatment would be more hu-
manized, the choosing of prison of-
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specifically for their task.
It was advocated that 'no man
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