LGE TWO THE mirnIi xx DxTiV SATURDAY, JULY 18, 1939 I -~-~-- . SATUDAY.JUL---.--- I THE MICHIGAN DAILY Official Publication of the Summer Session THlE FORUM BOOKS CLASSIFIE DADVERTISING Published every morning except Monday during the University year and Summer Session by the Board in Control of Student Publications. Member of the Western Conference Editorial Associa- tion and the Big Ten News Service. MEMBER OF THE ASSOCIATED PRESS The Associated Press is exclusively entitled to the use for republication of all news dispa1ches credited to it or not otherwise credited In this paper and the local news published herein. All rights of republication of special dispatches are reserved. Entered at the Post Office at Ann Arbor, Michigan, as second class matter. Special rate of postage granted by Third Assistant Postmaster-General. Subscription during summer by carrier, $1.50, by mail, $2.00. During regular school year by carrier, $4.00; by mail, $4.50. Offices: Student Publications Building, Maynard Street, Ann Arbor, Michigan. Phone: 2-1214. Representatives: National Advertising Service, Inc., 420 Madison Ave., New York City. -400 N. Michigan Ave., Chicago, Ill. EDITORIAL STAFF Telephone, 4925 MANAGING EDI'TOR ..............THOMAS E. GROEHN ASSOCIATE EDITOR ..............THOMAS H. KLEENE Editorial Director ..................Marshall D. Shulman. Dramatic Critic ........................ John W. Pritchard Assistant Editors: .Clinton B. Conger, Ralph W. Hurd, Joseph S. Mattes, Elsie A. Pierce, Tuure Tenander, Jewel W. Wuerfel. 3,eporters : Eleanor Bare, Donal Burns, Mary Delnay, M. E. Graban, John Hilpert, Richard E Lorch, Vincent Moore, Elsie Roxborough, William Sours, Dorothea Staebler, Betty Keenan.h BUSINESS STAFF Telephone 2-W24 BUSINESS MANAGER ......GEORGE H. ATHERTON CREDITS MANAGER ....................JOHN R. PARK Circulation Manager................J. Cameron Hall Omce Manager........................Robert Lodge Letters published in this column should not be construed as expressing the editorial opinion of The Daily. Anonymous contributions will be disregarded. 1IThe names of communicants will, however, be regarded as confidential upon request. Contributors are asked to be brief, the editors reserving the right to condense all letters of more than 300 words and to accept or reiJct letters upon the criteria of general editorial importance and interest to the campus. Power Of The Press To the Editor: The word "Olympiad" means an interval four years long and, in spite of the way it has been abused, does not mean anything else. The athletes may sail for a week and still reach Berlin in time for this year's Olympic games. They may sail for a month and have a pleasant holiday. You used this morning the heading "Athletes Sail for Olym- piad in Berlin." Do you not see that- you have thus condemned a number of excellent people to spend four monotonous years in a boat upon the Spree? The headiine writers who use "Olympiad" be- lieving that it means Olympic games should be made to pass an examination upon the contents of A. P. Herbert's What A Word! -Norman Anning. Jolly Old Airplane To the Editor: Recently, oh say about last Sunday or so, I read in your highly interesting paper a letter writtenf by a chap who signed himself "The Pilot Over Commencement," in which the fellow apologized" profusely for interfering with President Ruthven's Commencement address by flying his airplane over Ferry Field. . Allow me to state, for myself and hundreds of other poor fish who sat under the blistering sun Commencement afternoon, that "The Pilot" need- ed to offer no apology to us, and that the only bright spot in the dullest ceremony most of us ever witnessed was the good old Pilot flying his jolly old airplane low enough to break up the President's address, which otherwise, combined with the heat and the very hard cement-wooden seated bleachers might have proved fatal to many. "There," murmured several people, as the Pilot wheeled his ship into the proper range to inter- fere with the address system, "is a public-spirited citizen." Our only regret was that the Pilot did not arrive on the scene earlier and remain in action longer. -Joseph Gies, '39. -government Biy Law To the Editor. The following article is by J. A. Spender, former editor of the Westminster Gazette: "Our free government, as we enjoy it, is the substitution of law for force, of argument for physical strife. It is an achievement of many centuries; it rests on the belief that free discussion is the likeliest way of doing justice and reaching sensible conclusions about policy. But it has rules of its own which must be observed. It requires THE ADOPTED CHILD, by Eleanor Garrigue Gallagher (Reynal & Hitchcock).j THERE IS NOTHING new in the idea of adopt- ing children, nor is there very much new to trained social workers in a book by Eleanor Gar- rigue Gallagher called "The Adopted Child." But many will find the book extremely helpful. Mrs. Gallagher is a mother and a grandmother. She has taught both in kindergarten and high school, and she has been concerned with the adop- tion of children for 15 years, in which time her ex- perience has brought her in touch with 3,000 cases. So that what she has to say about adoption is tempered by knowledge acquired from widely dif- fering sources, and tested by experience as thor- oughly:as such matters well could be tested. Adopt- ing a child is a normal and generally a rewarding experience, she believes, and under proper modern conditions, one which may be undertaken with quite the same confidence as the acquisition of a child by the usual method-sometimes even more so! Mrs. Gallagher tells what those adopting a child should know. She describes the method of acquir- ing the child, and sketches briefly the laws in- volved. She tells, what various and helpful tests are made with babies ,so that adopters may knowj they are receiving a normal child. She goes deep- ly into the matter of what can be learned about ancestry, and especially details her opinions and those of many others on the matter of illegitimacy. But what probably will be of most service to the reading public Mrs. Gallagher is trying to reach is her intimate discussion of intimate matters-for one example, whether a child should be told he is adopted and when. And it should be added that although this reader has no intention of adopting anything, and thus no direct interest in Mrs. Gal- lagher's subject, he read her book eagerly for the light it sheds on a complicated and serious prob- lem. -J. S. tolerance and mutual * forbearance. It requires that minorities shall submit for the time being, when they are outvoted by Parliament; and be content to work for a future in which they will have made their views prevail by reason and argu- ment. If any of these assumptions fail, if our feelings become literally too strong for words, if minorities will not submit and fly from words to blows or majorities so abuse their power as to drive minorities to physical resistance, then it is all up with liberty. Whichever party is physically the stronger will and must crush its opponents. The Revolutionary inscribes Liberty on his ban- ner ,but if he succeeds, he is bound to become a dictator." -M. Levi. The state of this old world is such that a-dir- igible cannot fly across any country without pass- ing directly over an arsenal, a fortress or a mu- nitions factory. - The Evening Courier. Italy's first skyscraper apartment is now underl construction in Genoa. Owners of the building plan to sell, rather than rent, the apartments. All By Myself ... °4 T THE ANNUAL MEETING of th LiAutomobile Manufacturers Asso- ciation Thursday, Alvan Macauley, president of this group and of Packard Motor Co., expressed what might be termed a "typical idea." Asserted Mr. Macauley: "We must prepare ourselves to meet the great burdens of more government regulation and su- pervision . .. Many of the factors acting today as a deterrent on business and industry are social- istic in form and character. Contrasted with these conditions is the automobile industry's success in stimulating buying, increasing employment, stab- ilizing employment, raising wages and sharing other benefits with all employees . . . The auto- mobile industry's record may be pointed to as one implicit with the system which has given this country prosperity and its high standard of living. "It is once again demonstrating the aims of in- dustry to treat fairly and humanely with its fac- tory workers." Which reminds us of a story. 'Twas a warm- ish, baseball-ish afternoon in July. The green lawn fronting the Jones' house was straggly from. long neglect, and from afar came the boisterous cries of juvenile "'big leaguers." "Johnny, you must mow this lawn before you can go out and play. We're having company for dinner," insisted Mrs. Jones, and after the in- evitable period of vehement and tearful protes- tations, the whirr of the mower sporadically in- vaded the sleepy air. The task was done. Johnny was hot and mad. He flung himself into the house, hurled a vicious "Hope you're satisfied" at his mother, pickel up his glove and stormed out. At the sand lot the gang greeted him with a chorused "Where've 'ya been?" "Why," said Johnny, "I decided the lawn needed mowing, and boy, you should see the job I did. Looks just like bent grass, and say, it didn't take any time at all." Well, Mr. Macauley, you've done a pretty fine job on your industrial "lawn." And we'll admit, too, that your petulant outbursts against a "ma- ter"-nalistic government are no more than "hu- Man," albeit the symptoms of a somewhat tender age. But, Mr. Macauley, to pretend rationality, to pretend maturity, and at the same time almost slap the government in her face when she is only trying to get everyone to cooperate in mak- ing the Jones' residence the pride of the neighbor- hood-that is, on your own plane, spank-able; on the pretended plane, socially inexcusable and retardingly reactionary. And this is not theoretical nonsense. Practically .every competent and unbiased economist in the country will say that the action of government in making reforms financially or otherwise neces- sary (witness the tremendous impetus to safety drives given by workmen's compensation laws, the nation-wide adoption of employee representa- tion plans occasioned by the NRA) have been in- estimably important to the progress of our "Amer- ican system." True, Mr. Macauley; you have stabilized, you have raised wages, you have stimulated buying, but how much of this has been due to your "en- lightened selfishness" and how much to the con- tinued admonishments and vigilance and mother- ly persuasion of us, the public. And the moral of the story is: How would the Jones' lawn appear if we did away with mother, and left its care entirely with Johnny-and the weather is warmish and baseball-ish, and from afar come the boisterous cries of juvenile "big leaguers?" The Louisiana senate has passed a bill that lob- CLASSIFIED ADVERTISING Place advertisements with Classified Advertising Department. Phone 2-1214. The classified columns close at five o'clock previous to day of insertion. Box numbers may be secured at no extra charge. Cash in advance Ilieper reading line (o asis of five average words to line) for one or two insertions. 10c per read- ing line for three or more Insertions. Minimum three lines per insertion. Telephone rate - i5 per reading line for two or more Insertions. Minimum three lnes per Insertion. 10% discount i' paid within ten days from the date of last insertion. 2 lines daily, college year ...........7c By Contract, per line --2 lines daily. one month .........................c 4 lines E.O.D., 2 months............e 4 lines B.O.D., 2 months...........Be 100 lines used as desired...........e 300 lines used as desired..... ..e 1,000 lines used as desired..........7c 2,000 lines used as desired....... The above rates are per reading line based on eight reading lines per inch ionic type, upper and lower case. Add ce per line to above rates for all capital letters. Add Gc per line to above for bold face, upper and lower case. Add 10c per line to above rates for bold face capital letters. j aThe above rates are for 7% point type. DAILY OFFICIAL BULLE TIN VOL. XLV No. 16 SATURDAY, JULY 18, 1936 Notices Excursion No 6: Ford's Greenfield Village, Wednesday afternoon, July 22. Round trip $1. Busses leave from in front of Angell Hall at 1 p.m. Party returns to Ann Arbor by 5 p.m. Fee of 25 cents will be charged at the Village. Reservations must be made in the office of the Summer Session, Room 1213 Angell Hall by Tuesday afternoon at 4:30 p.m. Excursion No. 7, Saturday, July 25, General Motors Proving Ground at Milford. Reservations must be made and round trip bus tickets must be obtained before Friday, July 24,s4:30 p.m. in Room 1213 Angell Hall. The party leaves at 8 a.m. from in front of Angell Hall, returns to Ann Arbor about 3 p.m. Teacher's Certificate Candidates: All candidates for the Teacher's Cer- tificate to be granted on recommen- dation of the Faculty of the School of Education at the end of the Summer Session are required to fill out ap- plication blanks available in the of- fice of the Recorder of the School of Education, 1437 University Elemen- tary School. These blanks should be secured and filled out immediately. The attention of students in the Literary College is called to the fact that this application is in addition to the application made to the Commit- tee on the Teacher's Certificate of that College. The University Bureau of Appoint- ments and Occupational Information has received announcements of Unit- ed States Civil Service Examinations for Legislative Reference Assistant, Social Security Board, salary, $2,300; Extension Specialist in Parent Edu- cation, Extension Service, Division' of Cooperative Extension Work, Depart- ment of Agriculture, salary,. $4,600; Junior Home Economics Specialist, (Optional Subjects: Foods, Nutrition, Clothing, Textiles, Economics, House- hold Equipment), Bureau of Home Economics, Department of Agricul- ture, salary, $2,000; Fire -Prevention Officer, Forest Service, Department of Agriculture, salary, $3,200. For fur- ther information concerning these examinations call at 201 Mason Hall, office hours, 9 to 12 and 2 to 4 p.m. There will be a meeting of the Men's Education Club at 7:30 p.m. Monday, (Continued on Page 4) HALLER'S Jewelry State and Liberty Watch Repairing l YOUR RENT PROBLEM Rents will continue to rise and de- sirablehouses to besold, foicing you to move again. Solve this piob- 1em by buying this charming seven- room house located between cam- pus and Tappan school. $8,000 with $1000.00 down, $50.00 per mo. Avail- able one week only. If not sold will be rented to present tenant. Oril Ferguson, 721 Church St., Ph. 2-2839 LAUNDRY 2-1044. Sox Careful work at low price. darned. lx X1 Prices: r ~II FOR RENT FOR RENT: Furnished and unfur- nished apartments. One block fromlcampus. 614 Monroe St. Tele- phone 8507. 13 WANTED Am interested in obtaining an old- fashioned lantern of the type used on horse and buggy carriages. Reply Box 160. j LAUNDRY i f NOW SHOWING LAUNDRY WANTED: Student Co- ed, Men's shirts 10c. Silks, wools, our specialty. All bundles done sep- arately. No markings. Personal sat- isfaction guaranteed. Call for and deliver. Phone 5594 any time until 7 o'clock. Silver Laundry, 607 E. Hoover. 3x TRUCK AND STREET CAR CRASH DETROIT, July 17.-()-A truck driven by Ralph Tolles of Grand Rap- ids caught fire after it collided with a street car here Friday. None of the street car passengers suffered in.- jury. The fire was extinguished quickly. Credit Where Credit Is Due -Different Ways Of Looki ng At The Reserve Increase - (From the New York Times) NO MORE FAMILIAR accusation has been brought against the Roosevelt Administration than that it is incompetent in money matters, haphazard in its fiscal policies and indifferent to the dangers of inflation. In this connection it is fair to note that the action taken on Tuesday by the Board of Governors of the Federal Reserve System-action taken specifically to reduce ex- cess bank reserves and thereby to avert the risk of future inflation of credit-was possible only be- cause of a measure sponsored by the Roosevelt ,Administration last year and enacted over Repub- lican opposition. As matters stood, when the Roosevelt Admin- istration entered office, no power existed any- where in the Federal Reserve System. to raise or to lower reserve requirements. The only legislation on this point was the original act of 1913 creating the Federal Reserve System. This act required each member bank to carry with the Federal Re- serve Bank of its district a reserve equal to not less than 3 per cent of, its time deposits and not less than 7, 10 or 13 per cent of its demand de- posits, depending upon the financial importance of the city in which the member bank was situated. No provision was made for any change in these requirements ,and none seemed necessary when the System was established, since it was not fore- seen that a day would come when enormous ex- cess reserves would pile up (over and above the amounts required), thus laying the basis for a vast potential inflation of credit. The first alteration named in the law in this re- spect came in 1933, shortly after Mr. Roosevelt entered office. Curiously enough, it took the form of a "deflationary" provision incorporated in the otherwise highly "inflationary" Thomas amend- ment. This provision ,little noted at the time or subsequently, gave the Federal Reserve Board power, on the affirmative vote of not less than five of its members and with the President's approval, to declare that an "emergency exists by reason of credit expansion," and to increase reserve require- ments during the period of such emergency. This makeshift legislation was revised last year by a new act sponsored by Mr. Eccles, with the en- dorsement of the President. The new act dis- pensed with the proviso that a state of emergency must be declared, and gave the Board of Govern- ors of the Reserve System explicit power to change reserve requirements "in order to prevent injurious credit expansion or contraction." This proposed grant of power was fought on the floor of the House of Representatives by Republican members: (From the St. Louis Post-Dispatch). HE FEDERAL RESERVE BOARD, acting under powers grantd it in the Banking Act/passed last year, has announced sharp increases in the reserve requirements of member banks, to be effective a month from now. After the close of business on Aug. 15, reserve requirements on member bank demand deposits in New York and Chicago, central- reserve cities, will be increased from 13 to 19 per cent. Reserve re- quirements at banks in reserve cities will be in- creased from 10 to 15 per cent and at other member banks from 7 to 101/2 per cent. At the same time, an increase of 1% per cent will be placed in effect on time deposits ,to raise the rate to 4/2 per cent. The purpose of this action was succinctly stated by Marriner S. Eccles, chairman of the Federal Reserve Board. It is to reduce the gigantic reserve excess which has accumulated in the banks of the country. As Mr. Eccles admits, there is danger in the present situation. Existing excess reserves could be made the basis of a large credit expansion which might be disastrous. As it happens, there are critics who think that the administrations' spending and borrowing mea- sures have already forced the banks to bring a cer- tain measure of inflation to the country. They argue that the banks, already heavily loaded with Treasury bonds and notes, cannot, for the present at least, do other than take up each new issue and thus open the way still wider for credit expan- sion. Increasing the reserve requirements reduces the reserve excess, not by any reduction of the reserve itself but by fixing a larger share of the reserve against further use. As Mr. Eccles well says: "It is far better to sterilize a part of these superfluous reserves while they are still unused than to permit a credit structure to be erected upon them and then to withdraw the foundation of the structure." What effect will this action have on business and commerce? That is, will the increase in reserve requirements hamper industry? Mr. Eccles says it will not, and there is good reason to believe him. As he points out, the excess reserves thus removed as a possible basis of credit expansion are over and above present demands for commerce, industry and farming. If this is so, then there is no reason to believe that the change cannot be made without changing the rates on money. There is a twofold significance in this impending change. The first is that a check is being applied in a situation of potential danger . After Aug. 15, the excess reserves will amount to approximately $1,900,000,000. This is substantially lower than TONIGHT 7 - 9 P.M. Also - COMEDY TRAVEL - NEWS MATINEE TODAY 2-3:30 - All Seats 25c ^ ._-.-d __ _ [|||OMAN PROGRL5S7ro441k AGE& 1 :e lid, P r 4 i - . -0 r 1' 4 1 1i WHENCE OUR A B C 'S? WHERE did our Alphabet come from? From signs of things--hiero- glyphics, symbols? From the six- teen letters of the Phoenicians car- i ried into Greece, thence to Rome and on to Britain? No doubt it is the result of the combined efforts of many peoples striving toward a common means of communication., The Associated Press, which sup- plies the world's news, holds the keynote of efficiency in the use of the A B C's. An army of 80,000 re- porters gathers the news for an army, of printers, that the public may quickly read vital, accurate news of world-wide activities. Read Now! JESSIE MATTHEWS ROBERT YOUNG in the Singing. Dancin-r I- I T h Ass~iodirlb vrrsjI rg1 .