The gamecock. (Columbia, S.C.) 1908-2006, February 08, 1957, Page Page Six, Image 6
Paterson
Previews
Business
"This will be the greatest busi
ness year in history and monetary
policy will be of front page im
portance," said Dr. Robert W.
Paterson, Director of the Univer
sity Bureau of Business and Eco
nomic Research, in the February
issue of "Business and Economic
Review."
Using six national economic
forecasts for comparison, Doctor
Paterson stated that none antici
pate consumer expenditures will
be restricted in 1957. He pointed
out that emphasis is placed on the
need for maintaining the high cost
of borrowing and preventing com
modity price increases.
Discussing the policies and dis
agreements of Treasury Secretary
George Humphrey and W. M.
Martin, chairman of the board of
governors of the Federal Reserve
System, Doctor Paterson said the
differences between the two men
are minor rather than fundamen
tal. "Humphrey and Martin work
ing in concert would be the most
powerful forces against inflation
that the nation has yet found," he
said.
Estimates of the gross national
product in 1957 are between the
F. W. Dodge Corporation's low of
$420 billion and the National Se
curities and Research Corpora
tion's high of $430 billion.
The business community has not
been markedly restrained in its
conception of what the future of
fers. In 1956, about $35 billion was
expended for new plants and
equipment. In 1957, forecasters
predict that the -figure will be
nearer the $38 billion level, and
that the pressure on the credit
structure will continue at least
through this year.
The consensus for 1957 indicates
that new record levels will be es
tablished in most segments of the
economy, according to Doctor Pat
erson.
On the personal level, income
will go up $12 billion from last
year, to $337 billion; consumption
expenditures will shoot up to $276
billion, $11 billion higher than in
1956; personal savings will fall
below the 1956 high; and con
sumer prices will increase about
3.5 per cent during the year.
Government purchases of goods
and services will sharply increase
to an estimated high of $84 bil
lion.
Paterson predicted, "1957 will
be a year in which monetary pol
icy will be closely scrutinized. If
possible, policy makers will at
tempt to prevent an inflationary
tide that ends in the panic of de
flation."
Gross Re-elected
Manager of WUSC;
Staff Numbers 26
Bob Gross was recoatly re
elected manager of WUSC, the
campus radio station. Other off i
cers elected for the spring semes
ter are Jerry Sanders, program
director; Everett Corbin, business
manager; Rhetta Dreier, music
director; Nick Abrams, chief ani
nouncer; Eston Williams, chief
engineer; and Anne Jennings, sec
retary.
In addition 16 new announcers
and three engineers were accepted
as full members of the WUSC
staff.
BLOOD DRI
SIGMA DELTA TAU sorority
by Alpha Phi Omega for havin
donating blood during the drive
APO president, presents the plaqi
Chusmnir, members of SDT. Alp
fraternity, was the sponsorIng oa
(Staff photo).
42nd ANNUAL TERM
Summer
To Begin
The 42nd annual Summer
School of the University will be
gin Monday, June 10, with regis
tration and will run through Sat
urday, August 10, according to
Dr. William H. Patterson, dean
of Administration.
Dormitories for new students
will open Thursday, June 6, and
the new student program will be
held June 7 and 8. Dormitories
for all students will open Sunday,
June 9, with registration for both
old and new students scheduled
for Monday, June 10. Classes will
begin on Tuesday, June 11. Mon
day, June 17, will be the last day
for late enrollment in classes be
ginning June 11.
Candidates for degrees in Sum
mer School must apply for degrees
between June 17 and 23.
A two-day holiday, Thursday
and Friday, July 4-5, will be ob
served for Independence Day.
Foreign language examinations
for graduate students will be
given on July 9 and applications
Middle East
Crisis Study
Set For Feb.11
A series of three study and dis
cussion sessions on the crisis in
the Middle East will begin Mon
day, Feb. 11, sponsored by the
League of Women Voters of Co
lumbia and the Public Affairs
Committee of the Y.W.C.A., an
nounced Miss Sarah Leverette,
member of the Board of the
League of Women Voters.
The sessions will begin at 8 p.m.
and will end at 9:30 p.m. After
the first session, Monday, the
other sessions will be held Feb.
18-25 at the same hours in the
YWCA building, 1505 Blanding
St.
This series will be given free
for all persons interested in such
a study.
Dr. Henry Harvin and Dr. Dan
McFarland of the history depart
ment of Columbia College will lead
the series. On separate nights, Dr.
Harvin and Dr. McFarland will
give the background of the coun
tries involved. At the third session
they will discuss various ap
proaches to the problems involved
in the Middle Eastern situation.
BY GREENVILLE P1
USC Featured
On Scholarshi
The University is one of eight
colleges and universities in the
state featured in an illustrated
booklet on scholarship opportuni
ties offered to newsboys by the'
Greenville News-Piedmont Com
pany.
The University's sect ion carries
a portrait of Presidlent Donaldl
Russell and p)hotograplhs of Rus
sell House and the South Caro
liniana Library.
President Russell is quotedl: "A
college education is an essential
for the young man of the 20th
century. If he is to take his p)lace
as a responsible citizen in the
wvorld of atomic boimbs and jet
propulsion, he needs an under
standing of the complex interplay
of forces that have contributed to
the state of our present civiliza
tion. In its assistance to young
men who desire such an education,
a scholarship program such as
The NewsPiedmont's is a valu
VE AWARD)
was recently presented ai plaque
r 100 per cent of its mnembers
held lat fall. Carroll TIeague,
se to Yvonne Slesinger and Jonn
ha. Phi Omegn, ntional service
gani.san fo.. e lood drive
ession
June 10
for the graduate record examina
tion must be in by July 13. The
examination will be given on Au
gust 3 and 5.
Final examinations will take
place Friday and Saturday, Au
gust 9-10, and graduation exer
cises will be held Saturday after
noon. Dormitories will close at 6
p.m.
The 1957 Summer School bul
letin was to be made available
Feb. 1.
Interested persons may receive
further information from the reg
istrar.
Netherlands
Fellowships
Are Offered
Three fellowships for graduate
study in the Netherlands during
1957-58 are available to Ameri
cans, Kenneth Holland, president
of the Institute of International
Education, has announced.
The awards are offered by the
Netherlands Government. Each
fellowship carries a cash stipend
of 2,500 guilders to cover room
and board expenses for the aca
demic year. Tuition fees are
waived.
Grantees should have funds to
pay their own travel and inciden
tal expenses. They may, if eligi
ble, apply for Fulbright travel
grants to cover the cost of inter
national travel.
Closing date for application is
March 1, 1957.
The fellowships are open to men
and women, preferably under 28
years of age. Eligibility require
ments include United States cit
izenship, a bachelor's degree by
the time of departure and good
academic standing and capacity for
independent study. Also good
moral character, personality and
adaptability and good health are
essential.
Some knowledge of the Dutch
language is desirable, but it is not
a prerequisite for these awards.
Fields of study include Dutch
language and lingui: tics, history
of art, economics and business ad
ministration.
Applications may be obtained
from the Institute of International
Education, 1530 P St., N.W.,
LPERS
In Booklet
p Information
ab'le andl timely investment in the
fture of our~ nation and the
world."'
I nelutded also0 is a b)rief parai
grap)h sketching the ''universal"
(educationual program offered by
the University.
Thle comipa ny annually offers
twVo $1 ,I00 scholarships to their
caItrrir(R salesmen, wvhich may be
usedl for tuition, fees and school
L'exeses at any accredited col
lege or university in South Caro
lina. The schools include USC, The
Citadel, Clemson, Erisk ine, Fur
man, Newbecrry, Presbyterian Col
lege and Wofford.
Yaghjia'n Shows
Two Sea Pictures
In Art Exhibit
Prof. Edmund Yaghjian, head
of the Art Department at the Uni
versity, had twvo pictures in an
exhibit, "South Carolina Sea
ports,'' at the Gibbes Art Gallery
in Ch1arleston, .Jan. 8-29. Tfhe ex
hibit, wvhich contains both histori
cal and( contemporary paintinrgs
dep'lictin1g thre state's ports andl sea
cotmmeu(rce, is sp)onsored by the S.
C. Stat.e Ports Authority.
Tfhe exhibit wvill be shown in Co
lumbia, Spartanburg, Greenville,
Florence and other cities through
out the state. Exhibition dates for
the Columbia Museunm of Art are
Feb. (1-27..
One of Professor Yaghjian's
lacquer paint-ings, ''Charleston
Waterfront," was reproduced in
The News and Courier in an an
nounicement of the opening of the
e'xhib)it.
TPhe show was dividled into two
sections11 according to the histori
eal per'iods deCpicted, the contem
pIoraRry section shows p)resent-day
port activities and the historical
sectionr features 01(d prints and oil
paintings as well as ship models.
The contemporary works were
selected from picty res sub)mitted
by more than 50 artists through
Buchanan
To Attend
AP Meet
Several University faculty
members attended conferences,
meetings, sessions and conventions
during the past few weeks.
Other such meets are planned
in the future to include others.
Dean George A. Buchanan of
the School of Journalism will at
tend the South Carolina Asso
ciated Press Conference in Colum
bia Feb. 14.
At the meeting, he will an
nounce the winners of the 1956
News and Photo Contest, spon
sored by the Association in co
operation with the S. C. Press
Association.
Dean William W. Savage and
Prof. Cecil I. Tucker, both of the
School of Education, will attend
the annual American Association
of School Administrators Feb. 16
20 in Atlantic City, N. J.
Nineteen hundred school admin
istrators and school board mem
bers are expected to attend.
Mrs. Joan R. Faunt, editor of
the USC Alumni News and assist
ant to the director of the Univer
sity News Service, participated in
the first annual Southern Alumni
Editors' Workshop Jan. 18-20 at
Clemson.
At the workshop, many phases
of alumni magazine editing were
discussed and each editor had an
individual conference on his mag
azine with an advisor.
Dr. A. P. French of the depart
ment of physics attended a na
tional meeting of the American
Physical Society in New York,
Jan. 30-Feb. 2.
About 2,000 professional physi
cists were there Dr. French said.
The sessions were presentations
of papers by people doing re
search.
Dr. Dan W. Hollis, acting sec
retary of the University of South
Carolina Alumni Association, at
tended a district conference of the
American -Alumni Council at
Clemson Jan. 20-22.
Representatives of alumni as
sociations of colleges and univer
sities in Alabama, Florida, Geor
gia, Kentucky, Mississippi, North
Carolina, South Carolina, Ten
nessee and Virginia were present
at the mid-winter meeting, which
supplements the council's national
/ ,
RIK
Luk
"IT'S TOASTED" TO 1
2 English
To Meet I
Two English debaters selected
as the two best British debaters
for this school year will debate
against two University debaters
on the campus Feb. 28.
The two English men are M. L.
Davies of the University College
of North' Wales and G. M. K.
Morgan of the University of Bris
tol. They were selected by the
English-Speaking Union in Lon
don to go on a tour of the United
States for this school year. They
will debate against Kermit King
and Pete Martin of the Univer
sity.
King, a veteran debater for the
University, debated against a pair
from England last year along with
John Altman. Martin, a sopho
more, is" debating for his first
year for the University.
Dr. M. G. Christophersen, Uni
versity debate coach, said the de
bate will take place in Russell
House Assembly Room at 8 p.m.
All students and guests are in
vited, he said.
"If this year's debate goes as
last year's did, and I am sure it
will, the audience will enjoy the
debate. The English are noted for
their wit, and this pair will be
extremely entertaining," Dr.
Christophersen said.
Dean To Talk
To Columbia
Accountants
Dean Samuel M. Derrick of the
School of Business Administration
will speak before the Columbia
Chapter of the Cost Accountants
Association Feb. 21 at the Jeffer
son Hotel.
He spoke to the Spartanburg
Chapter of the National Office
Managers Association Jan. 22 at
their education night there.
His subject was on the curricula
of scfools of business administra
tion, he said.
(EC
SI
' ALWAYS TH EREa
N YOU TAKE OUT g
OUR LUCKIES?k
WHAT IS STALE PENICiLtIN
Old Mold
LEON ARD RICHARDS. JR.
PENN STATE
WHAT IS A TIRED CRUSTACEAN I
* DAVID H4USMAN. Lm Srm
DE PAUL
A STUDEN1
Do you like to
start Sticklingi
print-and for
Sticklers are simple riddles with tw
must have the same number of
your Sticklers with your name, adi
Lucky, Box 67A, Mount Vernon, b
es Taste
ASTE BETTER . . . CLEANE
Debaters1
JSC Team
The debate will be on the same
subject as this year's debate topic
for the United States: "That the
United States should Discontinue
Direct' Economic Aid to Foreign
Countries."
BRITAIN'S BEST ... . L.
selected as the two best British d
debate on the campus Feb. 28.
King and Pete Martin on the
Should Discontinue Direct Econe
The debate will take place in the
Education StaA
More stringent requirements f,
education will be observed begi
sion, according to Dean of Edue
Education 21 course will be ai
in education, he said. Twenty-s
English 11 and 12 or its equival
tion 21.
The prerequisite courses apply
of Education and not to persons
tive, Dean Savage said.
GO BO
For Entertainm
CAPITOL BO1
1212 Marion St.
IT DOWN in the common room,
rad who pops up to share the fum
lendly, familiar figure, the Low
iy, too; he knows which cigar(
nows just who carries 'em. Lucki
rid borrowers-and no wonder!
..nothing but fine, mild, goo
'OASTED to taste even better. Li;
ou'll say it's the best-tasting cig
WHAT DID THEY CALL THE
TROJAN HORSE I
Phony Pony
FARRIS HOTCHKISS.
WASHINGrON a LEE
WHO KEEPS THE NAVY IN STITCHESI
JO H N BR ADY. ,Sa0lo07' 70aalOrs
PROVIDENCE COLLEGE
rSI MAKE $25
shirk work? Helre's some easy money
Wo'll pay $25 for every Stickler we
hundreds more that never get used.
'0-word rhyming answers. lIoth words
jyllables. (Don't (10 drawinga.) Send
Iress, college and class to IIappy-Joe..
r. Yv.
Better
'R, FRESHER, SMOOTHER I
Schedu1ed
Feb. 28
Morgan is a 23-year-old history
major. Davies is a 24-year-old
philosophy major. He is doing
postgraduate research for an M.A.
degree, and he intends to study
for a B.D. in Theology.
Davies and G. MI. K. Morgan,
ib-aters for this school year, will
They will debate against Kermit
topic, "That the United States
mic Aid to Foreign Countries."
I Mssell Iuine Assembly IRoom.
ridards Raised
Jr students seeking a degree in
ining with next sunuin1er's ses
tion William W. Sava'ge.
)rerequisite for all other courses
even academaic hours including
ents are prerequisites of educa
only to students in the School
taking education :21 as an elec
VLING
ent and Health
LING CENTER
Phone 2-1567
I
take out your Luckies
i? None other than that
zge Scrounge! He's a sly
ttes taste best-and lie
es taste better to buyers
A Lucky is all cigarette
d-tasting tobacco that's
ght up a Lucky right now..
arette you eyer smoked!
WHAT IS A 97.LB. ARAB?
Weak Sheik
JOHN RUGGIERO.
YOUJNG,SOWN U.
WHERE DO YOU KEEP A HIGH HORSE?
ROBERT L O
MIssSSIPI P UTHERN
WHAT D0 YOU GET WHEN YOU
FORGET TO SHAVE?
JF^N S HAW Stubble Trouble
RAUCI VIEg