HEAR RED GREENE WPTF, RALEIGH 5:30 THIS AFTERNOON If f? ' I . -o - SPECIAL PRODUCTION PLAYT IAKE RS THEATRE THURSDAY EVENING t VOLUME XXXIX BUDGET ALWAYS : NECESSARY SAYS TELEPHONE MAN F. M. Craft, Engineer of Bell System, Speaks to Taylor Society on Estimates. F. M. Craft, chief engineer of the Southern Bell Telephone Company, Atlanta, addressed the local section of the Taylor Society in room 103 Bingham Hall last night. Mr. Craft's talk was on the "Budget Plan of the Bell System." He spoke of the development of budgeting activities of the telephone company, - not only , from the standpoint of construe- tion but also of its ability to earn on investment. Mr. Craft stated that "The Budget Plan of the Bell System Companies is known within this ; organization as the provisional , estimate, and is based on a broad ; forecast for five years ahead. J Each seii company prepares such an estimate in the fall of each year as a basis for the pro gramming of all phases of its business activities in line with the objectives of its manage ment. The facts brought to gether in the provisional esti mate are intended to show when and why certain things should be done, and what may be ex pected, particularly in business development, capital costs,' re venues, expenses, and net return as the result of the action pre posed." In preparing this estimate, management policies and objec tives are stated and discussed within the department in order to determine the trends of growth. Among the things con sidered are growth of cities and communities, increase in popula tion, prospective use of tele phone facilities, labor supply and costs relating to traffic operating expenses, and the type of plant best adapted to the ter ritory. "Planning for the future is continuously in progress in the Bell System," continued Mr. Craft, "and the provisional es timate represents an annual summary as a definite1' guide in the programming' of activities. Throughout the year require ments are constantly being re vised in light of existing facili ties, and the ground work for future construction programs is being laid. "The Budget Plan used by the Bell Companies provides a fund of information for those who ad minister the business, and en ables them to have a full knowl edge of what is involved in their responsibility for furnish ing adequate and efficient tele phone service for the future, and to determine whether their poli cies and programs as proposed can be executed or whetherthey should be revised, modified, or discarded. Thtey must satisfy themselves, moreover, that the program will yield a proper and reasonable amount of net earn ings on the investment required ; otherwise, the program, no mat ter how splendidly planned, must fail, for investors will not sup (Continued on page two) A. B. Seniors AH seniors in the College of Liberal Arts whose last name begins with E, F, G, or H, roust report today to Dean Hobbs' office, 203 South, be tween 9 a. m. and 5 p. nu to make application for a degree. FEW TICKETS ARE LEFT FOR CONCERT Dr. Harold S. Dyer wishes to announce that applications for tickets to the organ recital that were not accompanied by a stamped, addressed envelope will not be mailed out. This applies to everybody including students and townspeople, with the exception of faculty mem bers, whose mail is sent out through the inter-office mail. Applications for tickets to Fri day's performance will have to be claimed by Friday noon, and tickets for the recital on Satur day or Sunday must be claimed by Saturday noon. Tickets that are not claimed will be placed in circulation. Tickets have been going out at the rate of 100 a day, and all applications should be in by to morrow night. Dr. Dyer states emphatically that persons who make, or have made, reserva tions by telephone, will have to claim them at the music build ing1. He also wishes to warn people against planning to attend without tickets, as there are very few tickets left now. Mr. Edward Eigenschenk, dedication organist, has arrived in Chapel Hill, and is the guest of Professor Nelson O. Kennedy, of the' music department. The voicers are expected to be through with the organ by Thursday, and Eigenschenk, will practice as soon as they are fin ished. He has pronounced thej acoustics of the hall perfect, and said that the fact that the per former and audience are on one main floor is beneficial to both. AMERICAMBGQK KmOET NOW IS MUCH UNDERSOLD Couch of University Press Says Fault Is With Educators. "Until educators are better educated, until- they show a more lively and genuine inter est in books, until they realize the plain and simple function of books as practically indispen sable intellectual food, it is doubtful whether the general public interests and apprecia iation will increase," is the opin ion of W. T. Couch, assistant director of the University of North Carolina Press, who has contributed an article to the Publisher's Weekly entitled "A Proposal to Educate Our Educa tors." Mr, Couch takes issue with certain statements made in a previous article by R. L. Duf fus, in which the latter asserts that books are relatively unim portant in American life and that the publishers and booksel lers are primarily responsible for this condition. "I have to agree entirely with Mr. Duffus that books are re latively .'unimportant in this country, that we are grossly undersold, . . . in the commodity of solid reading matter, but I cannot agree with Mr. Duffus as to the responsibility for this con dition," Mr. Couch writes. "There are four large groups in this country which are im mediately concerned with the promotion of reading and trad ing in books. These groups are teachers, the librarians, the booksellers, the publishers. Of the four, two do not have to de pend on business enterprise and acumen for their existence the teachers and librarians are gen erally supported by public funds and . private endowments. The (Continued on page two) CHAPEL HILL, N. C TWO TOMS LEA W CONTRIBUTIONS TO ALUMNI FUND Grisette Announces Number of Subscriptions In 1930 Alumni Drive. Alumni representing a wide area are subscribing' to the Alumni ..Loyalty Fund, accord ing to information obtained yes terday from the office of Felix A. Grisette, director of the fund. Although the campaign for 1930 contributions to the fund has hardly gotten under way, con tributions have already come from alumni residing in sixty nine different counties in North Carolina, in twenty-two states other than North Carolina, and in eight foreign countries. Chapel Hill and Greensboro are in a race for the lead in the number of subscriptions, with the former ahead by a scant margin of three. So far eighty five Chapel Hill alumnr have sent in contributions, and eighty two have been received from Greensboro. When High Point's contributions are added to the Greensboro total, it gives Guil ford county a substantial lead. ! Charlotte and Mecklenburg county rank third in the num ber of contributions with Wake, New Hanover, Buncombe, and Forsyth following in close order. The state's represented in the contributions include Alabama, Arizona, Arkansas, California, Connecticut, District of Colum bia' Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, Ohio, . Pennsylvania, South Carolina, Texas and Vir ginia. -' Commerce Fraternity Moves To New Abode The Alpha Tau chapter of Al pha Kappa Psi has moved into its new quarters over the Or ange Hardware shop on the main street. This place was formerly occupied by the Kappa Sigma fraternity. Alpha Kappa Psi is a profes sional commerce fraternity made up of outstanding sophomores and juniors registered in the school of commerce. There are twelve active members. Profes sor Robert Sherrill is the ad visor of the organization, and Dean Carroll, Dr. Murchison, and Professor, E. E. Peacock are the faculty members. Heretofore the fraternity has been handicapped by not having their own rooms, and have been meeting in rooms in Bingham hall. CRANE WILL PRESENT EFFECTS OF HEREDITY Dr. Harry W. Crane, of the department of psychology and director of the bureau of mental health and hygiene of the state board of charities and public welfare, will talk on "Heredity in Relation to Retardation" at a meeting of the Edgecombe Nash medical society, tonight. This meeting is in the form of a symposium on retardation of children in public schools and is in cooperation with the parent teacher association and the school officials from the two counties. Howe Will Go To Salem Dr. George Howe, professor of the Latin department, will de liver a lecture on Virgil this morning to the students of Salem College in Winston-Salem. WEDNESDAY, NOVEMBER 12, FARRIS CAUTIONS STUDENTS TO LAY STRESS ON STUDY Former Student Union President Speaks to Freshman Friend ship Council. Ray Farris, former president on the student union; gave a very impressive talk to the members of the freshman friendship council Monday night. Farris chose for his subject "College Life and What It Is All About." Farris lauded the Phi Beta Kappa's and urged that students try to reach that goal. He de clared that in college, students should make studies primary and athletics and other extra-curricular activities should come sec ond.. "Let each fellow try to find a proper ratio between studies and activities and then stick to what ever he starts." He stated that a fellow's con duct while a student here is, con trary to the belief of some, vital to the individual and to the stu dent body. He counselled first year men to guard against the breaking down of some of their ideals and .morals. He also pointed out that they would see a great many changes in life after they had been here for four years and that many of their beliefs would be changed. He advised that a code of morals anol ethics be adopted by the in dividual and for that individual to stick to his ideas even if everyone else is against him. Farris lauded the work of the friendship council and urged that: a keener appreciation of friendships be regarded on this campus. ;.;;f.;:,- :, Legion Expresses A Vote of Thanks The Chapel Hill Post of the American Legion wishes to express its great appreciation of the fine way in which the stu dents of the University and the people of Chapel Hill cooperated in making the benefit movie held on Sunday a financial success. The proceeds from the show, $155.55, will be spent in aiding the needy families of Chapel Hill. GREENE WILL PRESENT ACTIVITY TALK ON RADIO Red Greene, president of stu dent union, has announced that the time of the first of the fif teen minute radio talks to be given by Carolina students over station WPTF, 1 Raleigh, has been changed from 5 :15 to 5 :30, due to a shift in an orchestra program of the National Broad casting company : over ' the same station. : : The talks which are to take place every Wednesday after noon are for the purpose of let ting the people in the state know what Carolina students do be sides attend classes and go to football games, and leave on week-ends. This afternoon President Greene will present a general summary of all activi ties on the campus and a short survey of each. Each program will be given over to a n single activity, such as publications, the "Y", Glee Club and Play makers. ; The Epsilon Beta chapter of the Chi Omega sorority will en tertain at a tea to be given to morrow at. the sorority house, 227 Franklin St. The tea has been arranged in honor of the patronesses, and especially in honor of Mrs. L. C. MacKinney. 1930 Haymakers Will Repeat Two Plays Given Last Week The Carolina Playmakers will present a special performance of Git Up and Bar the Door and Cloey for the delegates to the Association of governing boards of State Universities tomorrow night at the Playmakers Thea tre. Since there were many per sons who because of lack of ac commodation were unable to see these plays when presented last Thursday, Friday, and Saturday 'evenings, the Playmaker man agement has decided to open this performance ta the public for a small admission charge. The Playmakers Theatre seats ap proximately 350 and although three performances were given before capacity audiences, many students, faculty, and townspeo ple were turned away unable to procure reservations. Many re quests have come in for another performance of these two plays and it is hoped that those who have not been able to previously obtain admission will take ad vantage of this opportunity. Tickets will be on sale the evening of the "presentation at the box office of the theatre. The plays will-begin at 8:30 o'clock. Kiwanians To Be Hosts To ' Local Legion Officials V Officers of the Chapel Hill Post of the American Legion have been invited to be guests at the meeting of the Kiwanis Club tonight at the Baptist church when Major L. P. Mc Lendon of Durham will give a talk on Armistice Day. UNIVERSITY VELL REPRESENTED IN 'WHO'S WHO' LIST Research Reveals Interesting Facts Concerning Number of Prominent College Graduates. Donald B. Prentice and B. W. Kenkel, professors at Lafayette College, have gathered many in teresting and perhaps valuable statistics from Who's Who in America in regard to the col lege graduates who have won places in this book. The results of their researches are shown in an article, "The Colleges' Con tributions to Intellectual Leader ship," which appeared in the November Tissue of School and Society. In the 1928-29 edition of Who's Who there are biog raphies of 28,805 men and wo men, of whom 16,433 have re ceived the bachelor's degree from American institutions. Five hundred and six different colleges and universities are rep resented. The main fact of interest to Carolinians is that there are 94 graduates of the University of North Carolina whose biogra phies appear in -Who's Who. This is a larger number than any other southern college or univer sity can boast of. In the South, Carolina is followed by Virginia with eighty-five, Georgia, eighty two, Vanderbilt, seventy-one, Texas, sixty-nine, Washington and Lee, sixty-six, and Alabama, sixty-one. In this state Wake Forest has fifty-six graduates listed, Davidson, fifty,-Trinity twenty-seven, and N. C. State less than twenty. Harvard and Yale lead the field by a large majority. Harvard has 1,374 graduates listed, and Yale has 937, the two together contrbu ting one-seventh of ' the total ! number of graduates listed. NUMBER 47 WORLD COURT AID TO FUTURE PEACE SAYS HENDESON Distinguished Professor Stresses National Unity in Armistice Day Address. Dr. Archibald Henderson, head of the mathematics depart ment, delivered the annual Arm istice Day address in Gerrard hall yesterday morning at chap el period. Dr. Henderson stated that he wished everyone to think with him of the new spirit abroad to day. "Of course," he said, "it did not take the Great Catastro phe to start thinking toward this goal, but it certainly strength ened this spirit in the fact that, for the first time in recorded his tory, all people are striving io see the light and moving toward world peace." For an example the speaker took the feeling that has existed between Europe and the United States in their international re lations with one another since America gained its independence in the latter part of the eighteenth century. "Since the Canadian border has been defin itely set without any bloodshed whatsoever, what better could represent the placid and peace ful nature of the United States toward foreign nations?" Dr. Henderson asked. In discussing the various con ferences that have taken place between the different countries of the world and the resulting peace pacts, the League of Na tions and the World Court, Pro cessor- Henderson stated thafcali have played their part in for warding a general united feeling toward world peace, both politi cally and judicially. "Although our country has not as yet joined the World Court, in all probabil ity it will do so shortly. In this lies the strength of some future presidential aspirant who may foster such an important meas ure," he said. Dr. Henderson in conclusion brought out the factors which must be adopted by this country before it will be able to enjoy definite and permanent world peace; These were the united public opinion toward this spirit, the entering into the World Court and into the League of Nations, a gradual disarmament by agreement, and the building up of a feeling of security. "Loyal to all high ideals, we must live as nobly as our former patriots died," were the speak er's closing words. The program was augmented by a medley of patriotic tunes popular during the World War which were played by the string orchestra. The singing of the National Anthem and the Na tional Hymn by the audience was led by Harold S. Dyer, the read ing of the roll call of the Uni versity's dead by Dr. A. W. Hobbs, the reading of the roll call of the dead of the Chapel Hill Post of the American Le gion by Post-Commander Paul Robertson, and the rendering of "Taps" by Mr. George Law rence. ' Free Picture There will be a motion-picture tonight at 7:30 in the main lecture room in Venable hall- Five reels will be shown, of which two are concerned with copper and three with "Silica GeL" The public is cordially invited. . ;