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July 30, 1933 - Image 1

Resource type:
Michigan Daily, 1933-07-30

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Te Weathe r
Partly loudy, not 'o Kwarm, Ci
robably showers; Monday Kid
unsettled. tatRour
Official Publication Of The Summer Session

vier To Peanut Butter;
Tapers Lose The First
E d.

NEW YORK, July- 29.-G')-With
trading hours curtailed and extreme
fluctuations of grains limited, finan-
cial markets were able to cool down
this week and recuperate from the
recent "corrective" movement.
Wall 'Street's second thoughts on
the smashing decline of the previous
week bore out its earlier conclusions
that the taming of speculative spirits
had been timely and beneficial, espe-
cially since there was no evidence
that the break had been more than
a delayed technical checking of
Quotations in major markets tend-
ed higher, through most of the trad-
ing period. Stocks, as measured by
the Standard, Statistics Associated
Press averages, rebounded from 76.6
on Friday, July 21, to 84.8 on Thurs-
day, July 27, sliding back a little
yesterday when the market closed
for the week. The extreme recovery
was about 40 per cent of the break
from the year's peak reached July 18,
and represented a natural rebound.
Striking Accomplishment
The week brought striking evidence
of second quarter accomplishments
by business. United States and Beth-
lehem Steel corporations reported a
balance of income from operations,
both making public the best state-
ments since 1931. General Motors had
a very profitable three months. Its
earnings of 90 cents a common share
were about eight times those of the
same 'quarter last year; and many
other companies' reports reflected
better times.
Foreign exchange markets provided
some strenuous fluctuations, the dol-
lar rallying vigorously against ster-
ling. Part of this rise was presumably
due to purchases of American secur-
ities abroad and part to transaction
in the normal course of business,
though Wall Street did not fail to
read the notice given by Chancellor
Chamberlain that Britain considered
her pound as linked neither to gold
or the dollar.
lusiness Holds Strong
At home, business is holding at or
near the top of its sensational pick-
up. Here and there some recession is
visible, as in the steel industry which
has drifted down a couple of percent-
age points. It is also possible that car
loadings have attained their seasonal
top. So far; however, nothing that ap-
proaches a normal mid-summer set-
back has made its appearance and
Wall Street confidently hopes for a
good autumn.
CHICAGO, July 29.-(P)-Excited
efforts to get rid of speculative hold-
ings of future delivery grain con-
tracts whirled all the cereal markets
down late today to the lowest prices
Breaks in. quotations were in the
face of crop news that would ordi-
narily have hoisted values. For the
time being, however, traders lost
sight of every market factor except
that a huge selling flurry was in
progress, and that there was need of
haste if transactions were to be ac-
complished before emergency limits
could be enforced.
By thie Associated Press

Eugene J. Coltrane
Eugene J. Coltrane, an official of
the national committee on education
by radio with headquarters in Wash-
ington, will speak at 2 p. m. tomor-
row in University High School on
"Radio as an Aid in Teaching."
The meeting is sponsored jointly by
the committee on education by radio1
and the University. It has been an-
nounced that Mr. Coltrane will con-t
centrate on the problems met in this
field of education.
The address is one of a series of
similar ones which are being held in
several states this summer, officials
said, and is part of the Summer Ses-
sion special lecture eries here. The
public is invited to a ttend the con-l
ference and it is expected that citi-
zens interested in better programs
over the radio will find a particular
appeal in the discussions.
Mr. Coltrane, who is a practical ed-
ucator in public school administra-
tion and college teaching, has been
with the national committee on edu-
cation by radio since last year. The
group was explained to be an or-
ganization devoted to the cause of
proper use of the radio in educational
arid cultural fields.
Gov. Comstock
RecallUf air,
Says Brucker,
DETROIT, July 29.-R')--Former
Governor Wilbur M. Brucker, de-
feated in his campaign for re-elec-
tion last November by Governor Wil-
liam A. Comstock, today announced
his opposition to the recall move be-
ing attempted against the Governor.
"Michigan should not attempt to
recall Governor Comstock upon the
sole basis of dissatisfaction wth his
decisions. in matters of discretion,"
said the former state executive, "to
do so would subject the highest office
in our state to the dangers of pre-
judice, selfishness, and the spirit of
mob rule.
"If the recall has any place in con-
stitutional government it is not as
a substitute for the regular election
which wilt be held next year," Bruc-
ker continued, "unless something
arises of the same dignity that would
support an impeaching proceeding,
Governor Comstock should have a
fair chance to conduct the affairs
of state during the whole term of
"I bespeak for my successor, who
was my opponent in last November's
election, the same opportunity that
I would have asked for myself had
I been re-elected."
BROWNSVILLE, Penna., July 29.
-(A')-Into the heart of Pennsyl-
vania's great bituminous coal region,
national guardsmen moved tonight
with orders from Governor Gifford
Pinchot to preserve peace in the
strife-torn field where more than
12,000 miners are striking for union

Local Church
Groups Offer
Varied Talks
Prof. Brumrn Will Lead
Evening Discussion At
Wesley Hall
Fisher, Anderson,
Lewis To Preach
Chapman Will A d r e s s
Congregation At First
Baptist Church
Prof. John L. Brumm of the de-
partment of journalism will be oneI
of the speakers on the varied group1
of programs to be offered today by
Ann Arbor churches. He will speakt
at $ p. m. at Wesley Hall upon "Col-I
lege and Religion." Open discussion
will follow the address and a solo
by Edgar Headley, special student int
the School of Music, will also be in-..
cluded along with the fellowship
Other evening programs include at
discussion meeting of Presbyterian}
students and other young people at
6:30 p. m. at the Church House on1
Washtenaw Ave., led by Rev. Alfredt
Lee Klaer.
Among the morning programs will
be an address at the First Methodistl
Church by Dr. Frederick B. Fisher
on "Overcoming a Sense of Failure."l
This is one of Fisher's series on
the general topic "Studies in Success-
ful Living," which he is presenting
this summer
Rev. Merle Anderson, pastor of the
First Presbyterian Church, will ad-
dress the combined Congregational
and Presbyterian .congregations -of
the city and campus at 10:45 a. m.
and Rev. Howard Chapman will
speak upon "Springs of Character"
at the same time at the First Bap-
tist Church. Rev. Henry Lewis will
speak at 11 a. m. to the St. Andrews
Episcopal Church congregation on
"QFood,Zellwship and Security." This.
is Rev. Lewis' first address since his
return from a national conference
of college pastors and will mark his1
last appearance until the second Sun-
day in September, when he returns'
from his vacation.
Other services at the morning hour
will be conducted at the Bethlehem
Evangelical Church and at the1
Church of Christ.
There will be no "Campus Sing"
this week. Plans announced by the1
Vacation Recreation Committee in-
clude another occasion of community
singing and special sacred music,
led by Prof. David Mattern, to be
held Sunday, August 5, in front of
the Main Library.
Employment Increases
7.2 Per Cent In June
NEW YORK, July 29.-()-A 7.2
per cent increase in employment dur-
ing June in factories reporting to the
national industrial conference board
was announced today.
"If this rate prevailed in all manu-
facturing industry," the board said,
"the 6,139,000 workers computed to
be occupied in May, 1933, were re-
enforced in June by about 442,000
additional workers. Hours of work
fpr old and new workers increased
10 per cent from May to June.
"With practically the same hourly
earnings in the two months, the
weekly pay envelope contained 10 per
cent more in June than it did in

In June earnings for an average
week of 41.2 hours were reported as
$19.49 for skilled and unskilled work-
ers of both sexes. The purchasing
power was 95.5 per cent of that of
1923, the board announced.

Aigler's Talk
To Deal With
Sport Trend
Chairman Of The Board In
Control Of Athletics To
jpeak Monday
Address Will Open
This Week's Series
Speaker Is Authority On
Collegiate, Intramural
"The Trend in Collegiate Ath-
letics" will be the subject of a talk by
Prof. Ralph W. Aigler of the Law
School at 5 p. m. tomorrow in Na-
tural Science Auditorium. The lecture
will be the first for the week on the
summer Session special lecture series.
As chairman of the Board in Con-
trol of Athletics and the represen-
tative of the University on the Big
Ten athletic committee, Professor
Aigler has had an unexcelled con-
tact with the movements and prob-
lems in the 'field of intercollegiate
and intramural sports. He is also
known as an author and a prominent
figure in law work.
His talk will be followed on the
series by "Diet and Nutrition As They
Relate to the Decay of Teeth" by
Prof. Russell W. Bunting, Tuesday,
"The Radical Theories of Today" by
Prof. Roy W. Sellars, Wednesday,
and "Some Problems in Defaulted
Real Estate Bonds" by Prof. Earl S.
Wolaver, Thursday.
Enrico Feri
Is To Lecture
Here Monday1
One of the oldest and most funda-
mental questions in the realm of
physical science-that of ultimate
nature of the matter which makes
up the universe-will be discussed
by Prof. Enrico Fermi of the Uni-
versity of Rome at 8:15 p. m. tomor-
row in West Physics lecture room.
The lecture, entitled "The Ultimate
Particles of Matters," will be non-
technical to a large extent and is
open to the public.
The fundamental make-up of mat-
ter was inconclusively argued by an-
cient philosophers, whose only tools
were logic and speculation. During
the nineteenth century chemists ap-
plied to it the methods of experi-
mental science, and succeeded in iso-
lating and identifying most of the
ninety two elements, each of which
they supposed to consist of essential-
ly different and indivisible atoms.
The discovery of radioactivity
about forty years ago brought the
conviction thatthese atoms are built
up of simpler particle. Electrons
were first observed about the same
time, and they, with the.heavier and
positively charged protons seemed for
a long time to be the only building
stones necessary for the explanation
of atomic structure and behavior.
Two years ago neutrons were add-
ed to this list, and still more re-
cently positrons. The neutrons are
particles with no electric charge
which appear when certain atomic
nuclei are disrupted by collision.
They move with very high velocities
and penetrate thick layers of metals.
Their existence was anticipated by
the work of Professor Pauli, Heisen-

berg, and others, and they were then
experigientally observed by physi-
cists at Paris, Cambridge, and Cali-
fornia Institute of Technology. The
origin and nature of these particles
are questions of great interest, in-
volving the transmutation of atoms,
and the structure of their nuclei.
Positrons were first observed at
(Continued on Page 3)
Not So Hot, Not So Hot,
Say Weather Observers
Officials in the weather observer's
office in the University observatory
last night denied that yesterday's
temperatures had been unusually
high, in spite of the fact that Ann
Arbor had panted and sweltered
throughout the afternoon and eve-
The maximum for the day, describ-
ed as "just about average," was 92
degrees at 4 p. m., while the mini-
mum for the 24 hours since 7 p. m
Friday was 69.4 degrees at 5 a. m.


AUTEUIL, France, July 29.-(PA)-
The veteran doubles team of Jean
Borotra and Jacques Brugnon today
scored France's first victory in the
Davis Cup challenge round against
England, taking the measure of the
revamped . British comlbination; of
George P. Hughes and H. G. N. Lee,
6-3, 8-6, 6-2,
This left England in the lead, 2
to 1, and still a big favorite to cap-
ture the tennis trophy in the con-
cluding singles play tomorrow.
Taking no chances with their
singles act, the British substituted
Lee for Fred Perry in the doubles.
Perry, who fainted from exhaustion
yesterday after a five-set triumph
over Henri Cochet, is counted upon
to score the deciding point for Eng-
land against Andre Merlin. The other
singles match brings together Henry
W. Austin and Cochet.
Lee and Hughes were no match for
the Wimbledon doubles champions on
a court that was somewhat slippery
from intermittent showers. The Brit-
ish threatened only in the second set,
when they led 5-3 on games, but
failed to capitalize their advantage.
Brugnon's consistently hard and ac-
curate hitting was the feature of the
French attack..
Tropical Storm Nearing
Southeast Florida Coast
WASHINGTON, July 29.-(P) --
Charles L. Mitchell, weather bureau
forecaster, said today that indica-
tions were that a tropical disturbance
now near Abaco Island would reach
Southeast Florida in the general vi-
cinity of West Palm Beach early
Great Abaco Island is about 200
miles from the coast, southeast of
West Palm Beach.
ATLANTA, July 29.-(P)-Driver
O. J. Stanley, of Fulton County's
"Black Maria," opened his siren and
throttle on his way to court. City
officers, conducting a traffic cam-
paign, gave him a ticket for running
a red light and reckless driving.

34 cities. .
The Farm Credit Administration,
under which they are administered
reported today that at the close of
business on July 21, the last com-
pilation made, the corporations had
disbursed $169,245,000 in loans to
132,803 farmers; that $43,239,000
more for 24,051 farmers had been
approved but not disbursed, and that
applications from 8;219 for $20,342,-
000 were pending.
It showed that Chicago, the largest
city in whichsone of the offices is
located, has disbursed $489,000, while
San Angelo, Tex., with a much
smaller population, has disbursed $5,-,
727,000. The Minneapolis office has
advanced the most, $32,004,000.
Moffett May Enforce
Oil Production Control

From his army plane, landing at
Bolling's Field, Johnson went directly
to his office for conferences. On his
way to his office, he received a re-
port from K. M. Simpson, one of his
chief deputy administrators.
Receiving newspapermen shortly
after his arrival he asserted that the
open shop provision in the trade
practice code submitted by the auto-
mobile men--with Henry Ford not
yet indicating his attitude-seemed
to be in accord with the industrial
law's labor requirement.
The paragraph specified that the
open shop policy now existing would
be continued and that advancement
of workers would be on their merit
without regard to affiliation or non-
affiliation with any union.
WASHINGTON, July 29-(A')-The
parent automobile industry, like the
Parts and Equipment Manufacturers,
inserted an open shop provision in
the Nira fair trade code submitted tp
Industrial Administrator Hugh S.
Johnson in Detroit Friday.
National employment of the two
groups exceeds half a million, most
of it in Michigan.
Gen. Johnson revealed that the
code embraces a firm declaration by
the industry to hire employees on
the basis of competency and without
regard to whether they belong to any
Seems Acceptable
Gen. Johnson said that he had not
examined the code in detail and did
not intend to do so until the time of
the hearing. He added that at first
glance, however, the open shop dec-
laration appeared to be within the
provisions of Nira,
"The law as I see it specifically
provides that affiliation with any or-
ganization or union shall not be a
condition of employment," he said.
"The position of the automobile man-
ufacturers, as I understand it, is that
they will hire any person whom they
need who is competent regardless of
whether he belongs to a union or

WASHINGTON, July 29.-(P) -
James A. Moffett, of New York, who
resigned yesterday as vice-president
of Standard Oil of New Jersey, was
pointed to authoritatively today as
the man who will enforce oil pro-
duction control.
He quit his $100,000 a year job
yesterday because of a disagreement
between himself and other officials
over President Roosevelt's oil poli-
From Hyde Park, where the chief
executive rested over the week-end,
came word that the administration
has not been satisfied with the atti-
tude of some officers of the New Jer-
sey company, of which Walter C.
Teagle is president and W. S. Farish
is chairman of the board.

James Brown Scott Will Talk
On Monroe Doctrine Application

Tuesday's Concert To Present
Distinguished Faculty Musicians

Washington................61 33
New York ........ ...58 36
Clevelan................49 50
Philadelphia ...........47 48
Detroit ...............46 51
Boston .........43 51
Chicago.................43 52
St. Louis ................37 63
Saturday's Results
Cleveland 1, Detroit 0.
Boston 8, Philadelphia 1.
St. Louis 3, Chicago 2.
Washington 1i, New York 5.
Today's Games
Detroit at Cleveland.
St. Louis at Chicago (2).
New York at Washington.
Philadelphia at Boston.
New York...............57 36
Pi ttsb h ........ ... 4 43


The Faculty Concert to be present-
ed at 8:15 p. m. Tuesday in Hill Au-
ditorium will prove of interest to the
host of nwsic lovers who have filled
the auditorium each Tuesday eve-
ning for this series of concerts.
With the exception of Palmer
Christian, University organist, who
made his final appearance for the
summer in the program of last week,
the entire group of artists who have
appeared this season will be heard

Its first hearing in Ann Arbor was
given last winter by the Faculty Trio,
Wassily Besekirsky, violinist; Hanns
Pick, cellist; and Joseph Brinkman,
pianist; who also are to perform it
Tuesday night.
Professor Brinkman, who has been
heard in various ensemble groupings
throughout the series of the summer
programs, is to make his only solo
appearance at this concert. He will
offer a rather extensive group from
the romantic neriod of Diano litera-

The personal friend of the presi-
dents of the United States, an in-
structor of Franklin D. Roosevelt, a
delegate from this country to many
international conferences, a legal and
special advisor for the Department o'V
State-such a man is Dr. James
Brown Scott who will lecture on th-
International Law Conference series
at 8 p. in., Monday, in room 1025 An-
gell Hall. His subject will be "The
Monroe Doctrine."
Dr. Scott, who at the present tiie
is the director of the division of in-
ternational law of the Carnegie En-.
dowment for International Peace,

dent Monroe, whichis not in keeping
with the general principles of this
country. It is this aspect that will be
explained and discussed, he said.
In interviewing Dr. Scott one does
not get the impression that one is
talking to a man who has represented
the United States in almost ever;
major peace conference of th-e last
quarter century. Dr. Scott is not the.
Advisor of the Department of State
and the delegate of presidents, he is
an enthusiastic dignified educator, a
scholar of the theory and practice of
international law and diplomacy.
Sitting in his office on the first
floor of the Legal Research Building,

The open shop declaration will be
the crux of the scrap when the code
comes up for hearing. The American
Federation of Labor has looked with
longing eyes for years toward the
organization of automobile workers.
William R. Green, A. F. of L. presi-
dent, has said that he will have the
employed of the entire country or-
ganized and in his federation by the
time the two-year Recovery Admin-
istration expires.
Federation Is Prepared
Naturally, he will be reluctant tc
see a firm declaration for the oper
shop come from one of the basic in-
dustries and be adopted by the Fed-
eral Government in a code. The
Federation of Labor has been ex-
pecting this obstacle and is well pre-
pared to oppose it at the hearing.
Gen. Johnson said he had no defi-
nite information as to the plans o:
Henry Ford. He said that he be-
lieved that the reason Mr. Ford did


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