Page TWO
THE DAILY TAR HEEL
Thursday, January 14, 1932
Gi;e Bail? Ear Ipecl
The official newspaper of the Publi
cations Union Board of the University
of North Carolina at Chapel Hill
where it i3 printed daily except Mon
days and the Thanksgiving, Christ
mas, and Spring Holidays. Entered
as ' second class matter at the post
office of Chapel Hill, N. C, under act
of March 3, 1879. Subscription price,
$4.60 for the college year.
Offices on the second floor of the
Graham Memorial Building.
Jack Dungan.. . ....-. .. ...Editor
Ed French ..... .. -Managing Editor
John Manning-..-.Busines3 Mgr.
Editorial Staff
EDITORIAL BOARD Charles G.
Rose, chairman; Peter Hairston,
Vass Shepherd, R. W. Barnett,
Oscar W. Dresslar, Louise Pritch
ard, E. K. Graham, Jr., J. F. Alexan
der, B. White, Gilbert Blauman,
John Wilkinson.
FOREIGN NEWS BOARD E. C.
Daniel, Jr., chairman; Frank Haw
ley, Robert Berryman, Elmer Oet
tinger, C. G. Thompson, John Acee,
Claibom Carr. ...,-
FEATURE BOARD Donald Shoe-
" maker, chairman; James Dawson,
E. H., Kirk Swann, Ben Neville.
CITY EDITORS George Wilson, T.
" W. Blackwell, Robert Woerner, Tom
Walker, William McKee, W. E.
Davis, William Blount, Jack Riley.
DESK MAN Morrie Long.
SPORTS DEPARTMENT Thomas H,
Broughton, Jack Bessen.
LIBRARIAN E. M. Spruill.
HEELERS Donoh Hanks, J. H. Mor
ris, H. K. Bennett, H. M. Janofsky,
Joseph Sugarman, W. R. Eddleman,
J. D. Winslow, Milton Bauchner,
A. T. Dill, V. C. Royster, W. O.
Marlowe, C. S. Mcintosh, S. A. Wil
kins, F. C. Litten, S. A. Wilkins,
E. C. Bagwell, R. J. Gialanella,
Homer Lucas, L. C. Slade, W. D.
McKee.
. Business Staff
CIRCULATION MANAGER T. C.
Worth.
BUSINESS DEPARTMENT Assist
ants: R. D. McMillan, Pendleton
Gray, Bernard Solomon. t
ADVERTISING DEPARTMENT
Jimmy Allen, manager; assistants:
H. A. Clark, Howard Manning; Bill
Jones, H. Louis Brisk, Joe Mason.
COLLECTION DEPARTMENT John
Barrow, manager; assistants: Ran
dolph Reynolds, R. H. Lewis, Jim
Cordon; J. W. Callahan, Henry
Emerson. -
Thursday, January 14, 1932
Intelligent Disarmament
Propaganda
Some of the best philosophy,
albeit the simplest which has
been released f or general knowl
edge on this subject of militarism
and armaments was given -out
through the, medium of All
Quiet on tide Western Front.
The use of armaments is invari
ably given to those poor devils
who are too poor or too ignor
ant to realize the destructiveness
of them until too late. States
men never fight. Their brains
are needed in directing others to
fight. But one never sees states
men leading a company of in
fantry. Yet wars would be much
fewer and armaments much
lighter if these instigators of
wars had to fight themselves.
For an "advanced" 'people, such
as this country pretends to be, j
to allow itself to be taxed almost
- to extermination for the purpose
of carrying on something it
heartily opposed, is insufferable.
Where are the leaders to voice
the protest? The general pro
test in its weakest form has so
far been presented only by edi-
. torials and articles, while the
general nuisance has been going
on and even increasing. Stu
dents must make themselves in-
. telligent, far-sighted leaders to
help steer the country out of this
paradoxical situation.
If the average taxpayer would
only wake up to the fact that
60-75 cents out of every dollar he
spends for taxs are going for
past, present, or future wars, he
would soon demand this be
stopped. How can civilization
admit its existence when it needs
so many things for health and
welfare and still spends such a
large amount of its fortune to
please a few statesmen and mili
tarists? ' ;
Intelligent leaders will form
the keystone of the new era.
America is not developing them
fast enough or of a sufficiently
inspired quality to want some
thing better for the people and
taxpayers of the nation. But
the people don't know of the
evils ; they have to be led. Amer
ica heeds Hyde Park soapboxes
on every thoroughfare of the
countryHo tell the taxpayers of
V..-
the country the situation. After
they comprehend the situation
the United States will have dis
armament not before. O.W.D.
National
Friendliness
America, due to tremendous
natural resources, has , become
one of the most critical points
in international economic exist
ence. It is one of the largest
export nations on the globe, and,
in cases where it does not pro
duce certain raw products, it is a
tremendous importer ; but these
instances are greatly outnum
bered, and America has had for
some time past a favorable bal
ance of trade. This, together
with the amount of specie
shipped in to pay reparations
and war debts, has caused a large
influx of gold up until last yar.
So great was the .income that
only France possessed a consid-
erable portion of the world's sup.
Part of this fact has been due
to the unwillingness of the
United States to receive foreign
manufactured goods. It has one
of the highest existing tariff
walls, and is showing not the
slightest inclination toward a re
duction of them. Still it insists
on the payment of war loans and
reparations. It is a certain fact
that this is rapidly becoming im
possible, for if the nations con
cerned cannot ship in goods and
have not the gold necessary,
wherewithal! are . they going to
pay? ' . '
When one country touches an
other's pocketbook, it is tread
ing on exceedingly dangerous
grounds so far as friendly inter
national relations go. The-f riend
ship of the nations of the world
is certainly . an asset infinitely
more valuable to the United
States than is the bit of pride
swallowing involved in the debt
cancellation. One more factor
involved may be to the point. It
is sometimes less embarrassing
to do an hectic thing than it is
to wait and until forced to do it.
P.W.H.
Help
Wanted
The economic plight of South
America is well illustrated by
conditions in the United States
of Brazil. When we think of
Brazil we immediately think of
coffee, and vice versa. Coffee is
so important to the prosperity-of
Brazil that, the two words are
practically synonymous. As the
producer of sixty-five per cent of
the world supply, as exporter of
over half this? amount" to-the
United States alone, Brazil
watches with eagle eye the price
of coffee in the world's markets.
And sad to relate she has been
watching it go down, down, and
down. some more. '
It was only a few years ago
that we sat down to breakfast
and said "Ah, coffee, a great
drink I Brazil, a great country!
She will always be rich because
everyone drinks coffee." This
thought, in addition to a little
persuasion from our internation
al bankers, so permeated the
American mind that a small
army of our investors purchased
several million dollars worth of
Brazilian government, state and
municipal bonds. It should not
have to be told that these same
investors no longer have such a
keen relish for coffee; it has left
a bad taste in their mouths. For
all Brazilian obligations are in
default and there is little hope,
at present, of a satisfactory so
lution' to the situation for the
American bondholder It was re
ported at one time last year that
there was less than $10,000,000
in gold in the whole State of
Brazil. In consideration of her
vast sum. of indebtedness, this
amounts to bankruptcy
Reasons for this unpleasant
state of affairs are not difficult
to locate. First, we run up
against the fact "that Brazil is
an agricultural country, there
being no industry of importance,
and that in truth she is a one
crop producer coffee. No situa
tion could be more unstable. It
is just the same old story of put
ting all the eggs in one basket.
You have the welfare of the
whole nation depending on the
success of one product and when
that falls into the depths the
country falls with it. Second ,
the marketing of coffee was dis
pensed in a most uneconomic
manner, in fact, not unlike the
Federal Farm Board's method
of stabilizing our wheat and cot
ton markets. The Brazilian gov
ernment attempted to buy up all
the surplus coffee and distribute
it on the market over a period of
years. This "pegging" of the
price of coffee resulted in in
creased production by the plant
ers and an additional surplus,
io that wlitn the bottom finally
did fall out of the market it only
intensified the seri0usness of the
situation.
Identical Conditions exist in
other South American republics.
The downfall of tin in Bolivia,
copper and silver in Peru, nitrate
in Chile and to a certain extent
of wheat in the Argentine and
oil in Venezuela, has .plunged
these countries into a series of
financial crises which are not on
ly a serious menace to their pres
ent state of sovereignty bat
which will greatly affect their
world credit standing in the fu
ture. The trouble in South America
can be traced almost directly to
one cause: a lack of diversifica
tion of productive forces. Their j
economic stability can only be
accomplished through a greater
expansion of industrial activi
ties; that is, a tendency toward
greater self-sufficiency.
We have nursed Latin America
along under the Monroe Doctrine
for over a century and it is to
the interest of every .American
business man to maintain this
great foreign market for the
benefit of future American en
terprise. We have better cause
to come to the aid of the repub
lics of South America than to the
support of Germany. They need
American capital and leadership.
Without it there is every reason
to believe we will soon have an
other job for the U. S. Marines.
H.W.P.
The Low-Down
By
G. R. Berryman
Alice in Blunderland
After a long walk through
the woods, Alice at last emerged
upon a large open field, where
she beheld a strange sight
About a large stake were a
multitude of strange beasts,
each having the body of a hog
and the head of an owl. Each
was fastened to the stake with
a long chain and a small thread.
"My goodness !" exclaimed
Alice ' : to Humpty Dumpty,
"What is the name of this
strange place, and what kind of
creatures are those?"
, "This is the Campus," an
swered Humpty Dumpty, good
naturedly, "andthose beasts are
native only to this spot. They
are known as 'Stewdents'."
Then Alice noticed that some
strange little animals, resem
bling, rabbits, were dancing
about the pole,' just out of reach
of the Stewdents' hungry jaws.
"What are those ?" she asked
her friend, "pointing."
"Those are 'Hi-marks' and
are much relished by the Stew
dents," explained Humpty
Dumpty.
"But, why do the Stewdents
wear those chains?" Alice won
dered. "Well," said Humpty Dumpty,
"that is what is known as the
honor system. The Stewdents'
masters, known as 'the faculty,'
require each to have a chain of
Honor."
At that moment, the chain of
one of the Stewdents stretched
so that he was able to grasp one
of the Hi-marks between his
teeth.
Alice gasped. "Are all the
chains made of rubber!"
Humpty Dumpty grinned.
"No," he explained, "not all of
themre. But, you see, the
faculty allows each Stewdent to
make his own Honor chain. For
that reason, some are stronger
than others and some are
elastic." . He winked. "That's
why it's called a 'system'."
At that moment, the chain of
one of the Stewdents broke en
tirely, and he clumsily pursued
the scattering Hi-marks. "Some
times," "said Humpty Dumpty,
"even when the chain breaks,
the stewdent can't capture any
Hi-marks, but generally the' dis
honest and the quickwitted get
the same desserts." -
"Well " said Alice, "I under
stand everything now but one:
Why does each Stewdent have a
thread tied to him as well as a
chain?"
"Oh, them?" , exclaimed
Humpty Dumty, "Why, they're
Pledges."
"The faculty requires each
Stewdent to use the Pledge to
keep him from breaking his
Honor."
"But," protested Alice, "if
the Stewdent wanted to break
his Honor, that weak little
Pledge wouldn't worry him a
bit. Of all the foolish things
I've ever seen, I think that is
absolutely silliest."
"So do all intelligent persons,"
agreed Humpty Dumpty, a broad
smile spreading over his face.
Princeton has a room entirely
set apart for the first year men.
It is equipped with card tables,
ping-pong apparatus, a radio and
a piano. The freshman lounge
is known as the Freshman "Cas
tle" where each class is king for
a year.
w '"-jP & t fe5' Yh
i
?UA2. V f--. .- ( -
conversation must
. A sudden cold snap might seriously inter
lere with long distance telephone service were
it "not for the studies made by Bell System
engineers.
They - found that temperature variations
within 24 hours may make a ten-thousandfold
difference in the amount of electrical energy
transmitted oyer a New York -Chicago cable
circuit! On such long circuits initial energy
A NATION-WIDE SYSTEM OF I NTE R-CONN
! With
Contemporaries j
1 '
Dr. Butler's
Nine Points for Peace
Nine points for peace propos
ed by Dr. Butler when he re
ceived the Nobel Award for
Peace in 1931 : In answer to the
address of the Norwegian con
sul, W. deMunthe Mprgensteine
announcing the award of 1931
Nobel Peace Prize to Miss Jane j
Addams and to Dr. Butler, Dr.
Butler in an address which was
broadcasted proposed the fol
lowing points for promoting
world peace:
Abolition of War Department.
Abolition of compulsory mili
tary training.
Discarding battleships, des
troyers, and other fighting craft, j
and the maintenance of a peace j
navy.
Development of codes of in
ternational law and interna
tional conduct.
Strengthening of the author- j
ity of the Permanent Court of
International Justice as well as!
Our Prescription File Numbers 188,863
' '''---- - j
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ubanks
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But the telephone
BELL SYSTEM
the Permanent Court of Inter
national Arbitration.
Increasing the authority and
upholding the prestige of the
League of Nations.
Bringing the American na
tion into international coopera
tion. Development in cooperation
with the League of Nations of
a plan of safeguarding the peo
ples of the Orient.
Cultivation of international
good wilf through an exchange
of visits between national lead
ers. In regard to abolition of the
War Department, Dr. Butler
proposed the substitution for it
a Department of National De
fense. He stated that signator
ies of the Kellogg Pact had no
place in the titles of govern
ment departments for the word
"war" and that "war between
the nations is as much out of
date as the torture chamber or
the scalping knife." North
Carolina Christian Advocate.
On the screen, the masterful
lover has everything his own
way. But in real life somebody
generally ups and marries him
San Diego Union.
Drug Co.
not
freeze
is normally maintained by repeaters or ampli
fiers, installed at regular intervals, po the
engineers devised a regulator-operated by
weather conditions whiph automatically con
trols these repeaters, keeping current always
at exactly the right strength for proper voice
transmission.
This example is typical of the interesting
problems that go to make up telephone work.
BCTI N G, TELEPHONES