Brown and White Vol. 41 no. 12

              tickets for the senior ball are now on sale at the lehigh union office each house participating in house parties may receive complimentary tickets for two chaperones by calling at the un ion office states j k beidler chairman of the dance commit tee band leaves for harvard edward h williams this article was written by fred erick a bradford associate profes sor of economics at the request of the brown and white by frederick a bradford in his radio address of oct 22 1933 the president announced that he was going to establish a gov ernment market for gold in the united states in accordance with this plan the reconstruction fi nance corporation was to be auth orized to buy gold newly mined in the united states at prices to be determined from time to time after consultation with the secre tary of the treasury and the pres ident whenever necessary the purchase and sale of gold in the world market was also to be en gaged in the purchase of newly mined american gold at a premium over the world price was begun on monday oct 23 since that date the price offered by the government the beaver coat reviewed by dramatic group gerhart hauptmann's the beav er coat was read at the meeting of the faculty dramatic club wed nesday evening at the home of prof and mrs r w hall the program was in charge of edgar h riley associate professor of english these meetings are open to all members of the faculty and em ployees of the university at the meeting a committee comprising mrs p m palmer mrs s s cairns and professor riley was chosen to report on a public pre sentation by the club which will probably take place sometime this month prof a w klein of the mechan ical engineering department is in charge of the reading of the play light o love by schnitzler which will be given on nov 16 the club voted to send flowers to morris e kanaly track roach who has been ill for some time mr kanaly is secretary of the club office guide to be posted debate society arranges dates pi mu epsilon holds meeting members get together for first time this year decide to pay dues the first meeting of the semes ter of pi mv epsilon honorary mathematical society was held last evening in room 353 packard lab oratory eight student members of the so ciety and five faculty members were present the members decided to pay dues amounting to 25 cents a sem ester the money obtained will be used for the payment of refresh ments paradoxes in mathematics was the topic of the talk that was given by milton meissner ch e 34 stating that paradoxes are state ments which contradict common sense meissner gave several exam ples to prove this he proved a geometrical paradox which stated that two angles which are known to be unequal can be proven to be treoretically equal after proving this meissner dis cussed the ancient developers of the paradox he declared that there are still several paradoxes that have not been proven false the second talk of the evening was given by w s weil jr e e 35 who talked on the solution of a cubic equation by trigonom etry the proof of this equation was explained and proven in full by weil after this talk the his tory of this solution was discussed by professor shook following the speeches men were elected to fill several vacant offices of the society meissner was elected second vice director weil was elected treasurer and w a john son met e 35 was elected li brarian has been raised repeatedly and within the past week the intention of buying gold at a premium in the world market has been announced the new policy has been var iously interpreted by monetary ex perts as a method of stabilzing dol lar exchange rates as a prelude to a devaluation of the dollar and as a step toward managed currency the president however has stated definitely that his aim in taking this step is to maintain and establish continuous control that it is a pol icy and not an expedient and that we are thus continuing to move to wards a managed currency the intent of the administration therefore appears to be clear the purpose of the policy is to raise prices to an assumed desirable level and then by varying the price of gold to hold them stable the new gold policy thus con ceived is a novel but highly dan gerous experiment the alteration in the price of gold may possibly result in a change in the commodity price level but if it does the change will be speculative in nature and will introduce undesired maladjust ments into the price system moreover any attempt to raise prices permanently by this method seems destined to failure for a speculative rise in the prices of commodities if it occurs will even tually collapse the idea that prices can thus be raised to the 1926 level and then stabilized is entirely with out scientific foundation so long as government purchases are confined to gold newly mined in the united states the chief re sult is apt to be a disturbance of confidence as a result of the intro duction of an untried and confus ing factor in the business outlook should widespread purchases of foreign gold at an artificially high price be engaged in on the other hand the adoption of similar pol icies by foreign nations as a matter of self-protection might easily lead to a competitive depreciation of currencies which would be little short of disastrous although the purchase of domes tic gold only could have but a speculative effect on prices since the amount of newly mined amer ican gold is small the ultimate aim of the policy as implied in the president's address is disconcert ing the end in view is apparently a compensated or commodity dollar in which the amount of gold in the dollar would be varied from time to time in an effort to maintain a sta ble commodity price level the plan for a compensated dollar has been repeatedly endorsed by a handful of enthusiastic advocates it is rejected by the majority of competent monetary theorists how ever as an untested and probably unworkable proposal stability of the price level is too complicated a problem to be solved by tinkering with the amount of gold in the monetary unit delta omicron theta will meet 18 colleges in schedule for season a tentative schedule of 18 de bates has been arranged for delta omicron theta debating society announces harry ellis correspond ing manager of the society the schedule includes debates with la fayette muhlenberg pittsburgh bucknell perm state dickinson university of buffalo massachu setts state college and gettys burg during the first week of april the society plans to make an ex tended tour of the south meeting the debating teams of several south ern universities among which are georgia tech and duke univer sity according to ellis the subjects for this season's debates will be the nazi movement t he nra and government banking the members of the society have been divided into three teams in or der to cover these three topics he explains one freshman debate with rut gers has already been scheduled ellis announced and because of the large number of freshmen out for the team other freshman meets will be sought at the regular meeting of the so ciety yesterday ten new men gave one minute talks in order to dem onstrate their ability to take an ac tive part in the society the speakers are t e butter field arts 35 s k blumenthal eng 37 p palmer arts 37 j s silverstein arts 37 h roller eng 37 e h uhler arts 37 g yanko arts 37 w g mclhliney eng 37 g t bell bus 34 and r k dreyer arts 37 old man of the mountain is discovered litzenberger to place di rectory of alumni build ing in memorial hall a directory of the alumni mem orial building will be posted in memorial hall says a w litzen berger superintendent of buildings and grounds the great number of inquiries concerning the offices of the building has made the forma tion of a directory a necessity he says the bulletin board will be in gothic style and will be placed un der the west arch of the memorial hall where it will catch the eyes of those who enter either by the west or east doors litzenberger asserts that this is the first year that a directory of the building has been published and it is uncertain whether the bulletin will serve the purpose for which it is intended the directory will show location of all the offices of the alumni buildings as follows the western half of the first floor of the south wing of the building is occupied by the registrar's of fice and the eastern half is occu pied by the dean's office the nor thern wing is occupied by the fac ulty meeting room on the second floor the offices of the southern wing from east to west are the committee room the placement bureau and the pres ident's offices in the northern wing are the alumni offices from east to west these are the office of andrew e buchanan sec retary of the alumni association the office of john maxwell bus iness manager of the alumni bul letin that of e n sullivan di rector of publicity the alumni mailing room the general office of the alumni association and the of fice of walter r okeson secre tary and treasurer of the alumni association in the basement the eastern por tion of the south wing is occupied by offices of mr litzenberger the north wing is occupied by the supply bureau the bursar's office and the office of the university vice president and comptroller dr natt m emery venerable gentleman guards corner entrance has stood guard over this entrance to the university and like all play class to act students faculty alumni contribute funds for train and boat trip at the close of a successful drive to finance its trip to harvard the lehigh band left by train this after noon for cambridge considered financially impossible the band trip to harvard was re alized this week after a successful appeal to alumni student organiza tions and the faculty for funds the necessary total was obtained late yesterday according to e s lloyd bus 34 business manager of the band the entire 98-piece lehigh band is making the harvard trip and will arrive at cambridge tomorrow morning two special coaches are chartered on the lehigh valley railroad as far as new york where the band will board a boat for fall river the final stage of the trip will be made by chartered buses no band drills were held during the early part of the week in the belief that the harvard trip was an impossibility but a new schedule of formations was developed at a late rehearsal yesterday in the canvass of local organiza tions lloyd was aided by l h eichelberger m e 34 r w brown i e 35 and w r nei man bus 35 these men visited campus and town fraternities in the final drive for funds organizations and individuals who gave financial aid to the band in making the harvard trip in clude prof h v anderson dr h m ullman prof h eckfeldt prof h r reiter a e buchanan dr b l miller prof a h fretz p b myers prof hale sutherland prof e h uhler prof m o fuller prof w l wilson prof c d jensen dr j l beaver maj j 0 green jr capt j k rice prof s a becker dr s l rankin mrs j v dacey t e shields w k okeson dr n m emery n a kellogg a a tate prof f v larkin j w max well r k laros c m white mrs trump ler h e farnsler e s lloyd a s weigel w s martin l h eichelberger e v cromwell c e lewis w h johnston w h godshall r clough r w reifsnyder m caroe m j tobin e m schenk h f dunlop h s greiner e b manke r h kamp schulte f p hochgesang c w lutz r f herrick i l lawton w ambruster lehigh steel company class of 1910 alumni association dormitories leonard hall new york alumni lehigh home club alpha chi rho alpha kappa pi alpha tau omega beta theta pi chi psi chi phi delta phi delta tau delta delta up silon kappa alpha kappa sigma lambda chi alpha omega phi sigma phi delta theta phi gamma delta phi sigma kappa pi kappa alpha pi lambda phi psi up silon sigma alpha mv sigma chi sigma xu sigma phi epsilon tau delta phi theta delta chi theta kappa phi theta xi coming events dramatics 61 will produce little white mice dec 9 little white mice a satire by de mercer will be produced by the class in dramatics 61 dec 9 in drown hall hiram ball bus 36 publicity manager of the play an nounced little white mice a three act play based on the life of noel co ward has never been produced for the legitimate stage arrangements have been made to invite girls who are interested to compete for the five feminine roles ball stated the male parts will be played by members of the class who desire to study the project from the actor's viewpoint undergraduate leaders abolish position of freshman chairman at meeting held thursday prom chairman to receive 25 ; two assisants 5 apiece mustard and cheese receives 630 each year debat ing society 225 per year reapportionment of the student activities fee and abolition of the freshman class chairman were vot ed by arcadia student governing body at its meeting last night in drown hall arcadia also extended a vote of thanks to the committee which raised the money to send the band to harvard this saturday the reapportionment of the stu dent activities fee increased the al lotment of the band from two per cent of the total to eight per cent the debating society which was not recognized before was given four per cent of the total two groups had their share cut the class treasuries will now re ceive 14 instead of 20 per cent and the musical clubs will get 6 instead of 10 per cent of the total percentages changed the present allotments for the year are as follows arcadia 504 band 504 instead of 126 brown and white 2,205 debating society 252 musical clubs 378 instead of 630 mustard and cheese 630 lehigh union 945 and classes will get 882 instead of 1,260 the above figures are based on an estimate of future income these allotments will go into effect at the beginning of next semester the student activities committee which is responsible for the above changes is composed of dean cm mcconn prof h n diamond dr c g beardslee ben l bishop j k beidler and g b mcmeans the freshman class chairman was abolished because this officer had no special duties the new fresh man union will have the most in terested and active men of the class as its members it was thought any governmental duties that would have been carried on by the class chairman will be more ably con ducted by officers of this union arcadia decided chairman gets raise the honoraria of the members of the senior prom committee has also been changed by arcadia the chairman will now receive 25 in stead of 15 and the two assistant members will receive 5 instead of 10 this change was also made by the student activities committee it was made because the committee considered the work of this com mittee mainly a one man job the drown hall committee of arcadia gave mustard and cheese permission to use the southwest room on the second floor of drown hall for its rehearsals the spanish club was also given the use of one of the smaller rooms foreign professor to lecture on germany under hitler germany under hitler will be the title of a lecture to be given in the latter part of november at le high by dr frederick schonemann professor of american history and literature at the university of ber lin the lecture will be sponsored by the international relations so ciety and the lehigh university lecture committee announces c e schaub president of the society dr schonemann is now making a tour of the united states study ing american social life and giv ing lectures on his route he is one of the two professors of american literature in germany friday nov 3 7:30 p.m robert w blake society room 314 packard laboratory sunday nov 5 6 p m freshman union drown hall monday nov 6 7:30 p m executive committee of arcadia drown hall former mining and geol ogy professor donated large amount for hall which bears his name general breakdown proves fatal at home in vermont edward higginson williams founder of tau beta pi national honorary engineering fraternity professor of mining engineering and geology from 1881 to 1902 and one of the donors of williams hall died of a general breakdown yesterday morning at his home in wood stock vt professor williams who held honorary degrees from lehigh and the university of vermont had been in failing health for a number of years he was 89 years old the funeral will be held tomor row from his home in woodstock dr benjamin l miller head of the department of geology and a friend of dr williams for 30 years will represent lehigh from 1902 until the spring of 1931 dr williams returned an nually to lecture usually on some phase of glacial geology and to vis it friends in the fall of 1930 he was present at the forty-fifth annual convention of tau beta pi which he founded in 1885 at this time the tablet in front of williams hall was unveiled in his honor by his son wentworth dr williams will be remem bered for three things in particular dr miller says these are his contributions to glacial geology his influence on the men who were his students and the founding of tau beta pi williams was donor dr miller also points out that dr williams had been a very lib eral contributor to lehigh funds and that he was shown a great amount of appreciation by his as sociates on the campus a bound volume of letters of ap preciation from each of the chap ters of tau beta pi was presented to dr williams at the convention of that body here in 1930 the cor dial character of these letters pleased him very much dr miller says dr williams graduated from le high in 1875 with the degree of bachelor of science in chemistry and in 1876 with the degree of min ing engineer he had previously ob tained a bachelor of arts degree from yale in 1872 in 1913 lehigh presented him with the degree of doctor of laws the university of vermont gave him the degree of doctor of science in 1912 upon his resignation from the faculty of lehigh dr williams moved to andover mass where his sons were entered at phillips andover academy dr williams was graduated from phillips acad emy at andover in 1868 a number of years after he left lehigh he re turned to woodstock where he con tinued his geological studies studied geology during his vacations while pro fessor of mining engineering and geology dr williams studied the geology of pennsylvania particular ly the glacial geology of this re gion in the words of dr miller he contributed a great deal to the proper understanding of the glacial periods in pennsylvania dr williams was employed by pennsylvania railroad in its engin eering corps from 1872 to 1873 from 1876 to 1879 he was in charge of a mining camp in the anthracite coal regions during the following year he was superintendent of mines for the montour iron and steel company and from 1880 to 1881 he was mining engineer for the cam bria iron company dr williams was a member of the legion of honor of the amer ican institute of mining and metal lurgical engineers original fellow of the geological society of amer ica emeritus life fellow of the a a a.s a member of the society of american military engineers the american philosophical society the vermon engineering society phi beta kappa and sigma xi by w l finlay lehigh's watchman on the mountain has been discovered the old man of south mountain is only a bump on a log but there are bumps and there are bumps as shakespeare once remarked ap praisingly as he looked over a group of god's fairest creatures this lehigh bump is on the first slippery elm in the triangle formed by brodhead avenue and the path from the administration building to the intersection of packer and brodhead avenues it is a perfect three-foot bas-re lief of a man's head on the trunk a few feet above the ground viewed from either the path or packer avenue the effect is remarkably re alistic and one would be hard put to duplicate it anywhere in the world through the rain and sleet of al most three centuries the old man is equalled only by that of his eye lids when he was a callow youth barely a century old he watched the moravians unload their ox wagons and found the village of bethlehem and no doubt asa packer saluted the middle-aged gentleman of 11 score years and 10 when he selected the old man's do main for the site of lehigh since then he has watched the comings and goings of lehigh's great and obscure until having reached maturity he now wears a mellow though a trifle-gnarled look of wisdom that the most sophisti cated sophomore would have diffi culty even to approach not at all in keeping with his status as a lehigh man however is the disturbing fact that close exam ination reveals the entire back of the old man's skull to be abso lutely empty donor of hall faculty club reads play by hauptmann bethlehem pa friday november 3 1933 the lehigh university brown and white vol xli no 12 bradford claims gold policy to be dangerous experiment price five cents e h williams dies founded tau beta pi president roosevelt's plan in changing cost of monetary basis may result in alteration of commodity price level which will cause speculation arcadia votes redistribution of student fee complimentary tickets available for chaperones good watchmen the perpetual droop of his ferocious walrus moustache i member intercollegiate newspaper association i , 1 all the lehigh news first