7(f C'. If
RADIO DEBATE
CAROLINA vs. VIRGINIA
STATION WPTF 3 :00 P. M.
PHILOLOGICAL CLUB
DR. HUBERT POTE AT
GRADUATE LOUNGE 7:30
TOLUJV1E XL
CHAPEL HILL, N. O, TUESDAY, MAY 3, 1932
NUMBER 161
PL I r
DOILPLYLER
TO EXPLAIN NEW
THE0RY0F LIGHT
Associate Professor of Physics
Will Speak at Meeting of
A. I. E.E. Tonight. .
Poteat Will Address
Philological Meeting
Dr. Hubert Poteat, professor
of Latin at Wake Forest, will be
the speaker at a meeting of the
Philological Club in the lounge
of the Graduate - Club in the
Smith building tonight at 7:30
o'clock. Dr. Poteat, who is not
A r,W nf 1ip tipw thnm nf U1U awiuiar uuu an excellent
light recently developed by Dr. Iker organist, and singer,
fc . - - Will cruaalr n-n "Pioorn n-o-.t.
and Patriot." He will be en
tertained by the members of the
University Latin department at
a dinner before the meeting.
The meeting tonight will be
the last of the year for the club,
which has heard. a number of
speakers from other schools.
Officers for the coming year will
be elected tonight.
Plvler. associate professor, of
physics at the University, is to
be explained by Dr. Plyler at the
meeting of the American Instit
ute of Electrical Engineers in
206 Phillips hall toriiglit at 7 :30.
The talk will concern the new
-corpuscular theory of radiant
energy or light and will be de
monstrated with slides in pop
ular or semi-technical style.
Dr. riyler gave a paper on
this theory before a meeting of
ihe American Society of Physi
-cists in Washington, D. C, last
week. The theory aroused con
siderable discussion and favor
able comment from the best phy
sicists of America ; no one being
.able to offer a criticism which
could stand either, against the
theory or the applications as of
fered.
Presented Last March
This is, in general, the theory
presented to the Elisha Mitchell
Scientific Society last March,
which explained all phenomena
of light; but the points covered
and the discussion will be dif
', f erent. Dr, Plyler will show how
the wave theory of light is in
adequate in the explanation of
many present-day experiments
in the field of Radiation, such; as
photo-electric effect, cosmic rays,
and x-rays. These
School Of Journalism At Columbia
Will Offer Practical News Work
Eight-Hour a Day Newspaper Job for Five Days Per Wreek Will Be
Given Students Who Wrill Wrrite Stories, Edit Copy, Rewrite
Dispatches, and Make Up Mythical Publication.
-o-
C. T. MURCHISON
SPEAKS ON SHORT
SELLINGAGTIYITY
Professor of Applied Economics
Declares Practice in Market
Should Be Abolished.
Dr. C. T. Murchison, profes
sor of applied economics in the
school oi economics ana com
merce, delivering a lecture last
night in Bingham hall on the
subject, "Should Short Selling
be Abolished?", declared that
the system as it is now practiced
in the stock market should tin
doubtedly be stopped.
"The practice has long been
defended on the ground that
it is a stabilizing influence in
security prices," Dr. Murchison
(By S fecial New York Correspondent)
No more grades, no more
quizzes, no more outside read
ing and no more banging away
at typewriters until the small
hours of the morning in order to
get a story by 9:00 o'clock!
The new plan which has been
adopted by the Columbia School
of Journalism and approved by
President Nicholas Murray But
ler has done away with all that
and set forth instead a system
which heretofore has been con
sidered only as a theory by jour
nalism schools and dreamed of
by journalism students. Now it
is to be put into practice for the
first time next year and both the
faculty and the student body are
confident of its success.
The journalism building is to
be turned into a newspaper of-
r i 11 i ii
nee literally except ior tne
publishing, of a paper. Instead
oi nity-minute classes all six
days of the week, an eight hour
day newspaper job for five
days of the week is to be given
to each student. The hours, from
:00 to 5 : 00 for five days of the
week, will be taken up with as
signments in the city, writing
them up, editing copy, rewriting
the wireless dispatches, and
making up a mythical paper
with the most important news
said, "and it has been supposed
T '
Pnenomena that short sellers operated to
are explained in the new theory bring prices down when they
-and give results entirely m ae- Wre too high and then later
cuiu wim me tucvxj mu cau- through their covering opera
jnents. tions served to restore prices to
The first part ot the. new . their proper level
theory asserts that mere is. am In actual practice this is far
atom of energy which is mvis- from being the case, he stated
lble, and which Dears tne same Du'ring a bull market when
relation to all values of energy s4.npl, pps ArA heine- skvrocket-
events of the day.
There will be no grades other
4-1 Itt J iJTM J If
There will be no outside work to
i
do. When the student finishes
his work at 5:00 o'clock in the
afternoon, he is through . until
the next morning just as though
he had a regular 9:00 to 5:00
job. His required reading is the
newspaper.
To enter this entirely new
school where the professors are
editors and head copy desk men,
three years of college work are
the necessary preparation and
the course is limited to two
years. Formerly two years o
college and two years in the
school of journalism gave one a
B. Lit. degree but now with
three years of college required
for entrance, the B. S. degree is
given at the end of the two year
professional course.
Carl W. Ackerman, dean of
the school, said, in consulting
President Butler on the plan :
"We believe that we should en
deavor to bridge the gap be
tween the sheltered environment
of education and the unshelter
ed environment of newspaper
life and of the life of the coun
try as newspaper men are com
pelled to see, record, and inter
pret it."
Orchestra Returns
From Concert Trip
The Carolina Salon Orchestra,
under the direction of Thor Mar
tin Johnson, returned here Sun
day morning from a week-end
concert, tour on which programs
were given at Kernersville, Win
ston-Salem, and Lewisville. The
trip was so successful that other
concert tours are being planned
by the members for the future.
The orchestra of twenty-one
pieces, composed entirely of stu
dents and. directed by a student,
has been playing since last fall
when it was organized, and has
given a number of other con
certs on the campus and away.
The class of music played is
chiefly classical, semi-classical,
and modern.
EDUCATION GROUP
ARRANGES TESTS
FOR SOPHOMORES
National Council Will Attempt
To Ascertain Comparative
Standards of Schools.
LECTURE SERIES
TO BE SPONSORED
HERE BY Y. M. C. A.
F. S. Brockman Will Deliver Six
'Addresses on Last Presen
tation of Organization.
Dr. Henderson Declares History
Has Neglected Thomas Walker
0 ,
In Monograph Appearing in Current Issue of "Proceedings," Head
Of Mathematics Department Reveals Walker as Important
Factor in Colonial and Revolutionary Successes.
Fletcher S. Brockman, secre
tary of the Committee on the
Promotion of Friendship be
tween America and. the Far
East, is coming to Chapel Hill
Sunday and Monday under the
auspices of the University Y. M.
C. A. to deliver a series of ad
dresses on international rela
tions. This is the last in a series
of four talks sponsored by the
"Y" this quarter. . ;
Brockman will make his first
talk Sunday morning at 11 :00 in
the Presbyterian church. Sun
day afternoon he will lead an
evening vesper at 5:30 o'clock.
To Conduct Seminars
In an effort to ascertain the
comparative scholastic standard
of the institutions of higher
learning throughout the United
States, the American Council on
Education is sponsoring a set of
examinations to be given in the
various institutions. Each col
lege is required to pay the cost
of correcting these examina
tions. The charge per test is one
dollar and a half and the cost of
giving the entire student body
here the examination would
amount to something like three
thousands dollars. In view of
the present financial stress the
University is in, it is impossible
to give i to the entire student
body. Likewise, it would be too
expensive to have the whole
sophomore class take the tests.
Average to Be Taken
Desiring to know how the
University stands in comparison
with other colleges, the officials
have decided, to have every
third member of the sophomore
class take the examinations. It
is thought that by taking everj
third man the average of the
class, scholastically speaking,
could be obtained. The results
of the tests will be compared
with other sophomore classes
throughout the country.
The examinations will be
given Thursday and Friday
mornings of this week and the
men who have been chosen to
take them will be excused from
classes on those days. They
will be given in room 111 Mur-
ihat the electron bears to . all
values' of electricity. The name
(Continued on paae two)
THREE DANCES TO
BE STAGED HERE
OVER WEEK-END
Phi Kappa Sigma Will Entertain
Guests at House Party
And Two Dances.
ed to fabulous heights, short sell
ing is scarcely resorted to at all.
However, after security prices
have weakened and the market
shows every sign of being dis
couraged, short selling assumes
huge proportions and serves to
drive down prices at a mubh
more rapid rate than would
ordinarily occur." , v
The speaker stated that the
worst form of short selling acti
vity is the work of so-called
'har rmols " These crroups
Continuing the spring social nmmand We caoital resources
events of the University, three !and are operated by a single
shrewd manager!, whose pro-
dances will be given during the
coming week-end at the- Univer
sity. The pharmacy school will
entertain at a banquet and dance
in the Carolina Inn Friday night
while the Phi Kappa Sigma j
fraternity will give its annual
affair in Bynum gymnasium at
the same time and a house dance
Saturday.
Bill Stringfellow will furnish
the music' for" the pharmacy
schbol's social events which will
begin at 7 :30.
The Phi Kappa Sigma fra
ternity's dance will take place
in Bvnum ervmnasium between
the hours of 9 :00 and 1 :00 with
Jack Baxterand his Carolina
Tar Heels furnishing the music.
For the Saturday night dance
Lee's Carolinians of Burlington
will play.
The fraternity will entertain
its guests at a house party dur
ing the week-end.
cedure is to select only pivotal
issues and by vigorous short
selling of these issues creates an
air of weakness in the market.
. During such a campaign, the
pool originates every conceivable
rumor about the status of the
corporations and about the eco
nomic future in general. "It is
their business to make the pub
lic as pessimistic as possible,"
Dr. Murchison said, "and they
neglect no device to drive in
vestors out of the marKet in
order that the short sellers may
be able to cover without loss."
Troop School Meets Tonight
The army troop school will
meet tonight at 7:30 o'clock in
Davie hall instead of Thursday
-night.
Council Nominees
At a special called meeting
of the rising senior class at
6:30 last night, John Man
ning, BiU Allsbrook, and Ben
ton Bray were nominated as
candidates for the office of
senior representative on the
student council. The election
will be run off in Graham
Memorial from 9:00 to 5:00
tomorrow.
' According to the research
work of Dr. Archibald Hender-
son, Thomas waucer, one oi tne
most conspicuous public figures
of his day, has been grossly neg
lected in history. In a mono
graph entitled "Dr. Thomas
Walker and the Loyal Company
of Virginia," which appeared in
the current issue of Proceedings,
the publication of the American
Antiquarian Society, Dr. Hen
derson states posterity's view of
Walker.
The monograph, enriched
with many hitherto unpublished
letters and documents, reveals
Walker as an important factor
in the Colonial and Revolution
ary successes of the nation. A
close connection by marriage to
Washington . and a good friend
of Peter Jefferson, he was also
e-uardian and nrecentor of
Peter's son, Thomas Jefferson.
He was renowned a physician,
legislator, explorer, diplomatist,
and-authority on Indian affairs.
In 1750 he headed an exploring
party which penetrated into Ken
tucky, which was at that time a
wilderness without a single
white inhabitant. His diary of
this adventure is still preserved.
Fought With Washington
Thomas Walker fought beside
Washington at the bloody battle
of Braddock's Defeat and noted
for his bravery and leader
ship. As head of, the Virginia
Council of State he played an
important part in the conquer
ing of the Northwest Territory.
It was he who sanctioned in
structions to George Rogers
Clark for the civil and military
administrations of the north
west, which Clark and his
Monday, Brockman will speak
before two classroom seminars ; phy and will begin at 9 :00. Dean
at 11:00 and 12:00. At 7:15 he
will talk before a joint meeting
of the "Y" cabinets and will end
his series of talks in Gerrard
hall in a . public address at 8:00
o'clock.
Brockman has been connected
with the Far East since 1898,
and since that time he has made
Bradshaw announced yesterday
that there were some thirty ex
tra examinations which could be
j taken by any students of the
sophomore class not already se
jlected on payment of a dollar
'and a half.
troops captured and occupied seventy-two trips there in an oi-
during the Revolutionary War. , hcial capacity. In 1898 he went
For forty-five years Walker Nanking as loreign secretary
was at the dead of: the greatest
land company ever organized in
Virginia. After elaborate re
searches, Dr. Henderson has told
Vi rnmnlpfp stnrv nf t.liA TiOval
1 WWJ. J J " . . . ... - - m J
t o-Kiri io o-iwQl tary, wmcn posiuon ne iiem un-
and economic activities for a
of the Foreign Committee. Then,
when the National Committee of
the Chinese Young Men's Chris
tian Association was formed in
1901 he was made general secre-
period of a century and a quarter.-
The publication of this mono
graph has been undertaken in
anticipation of a full-length bio
graphy of Walker, as a part of
the Washington bicentennial
DI SENATE WILL
STAGE BANQUET
TOMORROW NIGHT
Dr. H. H. Williams and Presi
dent Frank Graham Will
Speak at Annual Affair.
til 1Q1K T?-rnrrt tn 1 Q9Q hp
served as administrative secre
tary in the Far East of the For-j
eign Committee of the National
Council of Young Men's Chris
tian Associations of the United
States and Canada, the territory
comprising Japan, Korea, China,
Hnno-Tcnne1. Philirmines. Indo-
celebration. J China. Siam. and the Straits'
Dr. Henderson is an official oi
O -i-Ll i J TT. 1 ,
the Washington bicentennial
commission that is headed by
Dr. Albert Bushnell Hart, his
torian and professor emeritus of
Harvard University. The work
completed . on Walker is a por
tion of a much wider study
which Dr. Henderson has been
making of the great land com
panies of North Carolina, Vir
ginia, and the old southwest.
Radio Debate Today
Debating the negative side of
the query, Resolved: That the
United States should adopt the
British system of radio control,
Edwin Lanier and Donald Sea
well will represent U. N. C. in
a radio debate with the Univer
sity of Virginia over radio sta
tion WPTF this afternoon be
tween 3:00 and 4:00 o'clock.
Geologists Find Specimens .
Dr. J. G. Douglas and Dr. G.
R. McCarthy of the geology de
partment, returned Sunday from
a pleasure trip to Carolina
Beach, near Wilmington. They
found a horseshoe crab, limulus,
and many shells of the mollus
can type. The crab is two feet
in length and is larger than any
now in use in the r department. -
Settlements. He has served on
the committees of the National
Christian' Council of China and
the National Committee . on
American-Japanese relations.
He is a member of both the
China and the Japanese societies.
Dr. Linker Called Home
Dr. J. B. Linker of the math
ematics department was called
home yesterday due to the death
of his uncle. He is expected
to return from Salisbury Tues
day. Seniors Hear Graham
Professor Horace H. Williams
will be the principal speaker at
the annual banquet of the x Di
senate which will take place
7 :00 o'clock Wednesday evening
in Graham Memorial. President
Frank Graham will also speak.
All senate alumni in the fac-
m i -Li 4-1
mvy win ut; t-ic a ucaio ui iius
society. They are Dr. Archibald
Henderson, Dr. j. W. Lasley,
Dean H; G. Baity, Dean F. F.
Bradshaw, Dr. E. L. Mackie," E.
R. Rankin, Professor George F.
McKie, C. E. Mcintosh, Dr. J.
T. Dobbins, C. T. Woollen, Dr.
J. B. Linker. Professor F. B.
McCall, Professor J. M. Gwynn,
and Dr. C. S. Mangum.
President Jule McMichael of
the senate will be toastmaster at
the banquet. J. M. Little and
Bill McKee are in charge of ar
rangements. - ' t
Any old members of the Di
may arrange to come if they will
notify either member of the
committee named above.
President Frank Porter ; Gra
ham delivered the commence
ment address to the graduating
class at Wadesboro high school
last night.
House to Speak at Clinton
R. B. House will give the
commencement address to the
graduating class. of Clinton high
school tonight at 8:00 p. m.