Vol. 11. No. 13. ASSOCIATION HAS JOB OF PLANTING AROUNDTIIE LAKE Group of People Who Restored Battle Park Will Beautify .Slopes by the Reservoir BODY IS INCORPORATED Th£ Battle Park Association has been incorporated, and the University trustees have en trusted it with the care of both the park and the area around the new University Lake. A committee will prepare plans for planting the area around the lake and areas with in the park. The improvement of the park will be a continuation of the work which has been going on for two years, under the direction of Colonel Joseph Hyde fcratt. He is the leading spirit in the new organization. A man who has pleasant mem ories of the late Kemp P. Battle and of the walks with him in the park has subscribed SIOO for a life membership in the association. The annual membership dues are: active, SI: contributing $5 to $25; life. $100; patrons, SSOO or more. Anybody who is interested in maintaining the park as a rec reational resort for the com munity and as a memorial to President Battle, is eligible to membership. Dues should be sent to Dr. James B. Bullitt. Since 1931 the association has opened nearly six miles of trails, built eight foot-bridges and a pavilion, prepared three picnic grounds, cleared the park of material that had been dumped in it, placed many benches and seats, and done considerable planting. The re sult is that the park is once again a place of beauty. It is easily accessible, with many entrances. A map has re cently been made, showing all (Continued on last page) The Finals School Program Begins Sunday with Baccalaureate Sermon The Chapel Hill school com mencement program begins Sunday (day after tomorrow) with the baccalaureate sermon by Rev. Ronald J. Tamblyn in the Presbyterian church. Senior class day exercises will take place at 4:30 Saturday af ternoon, June 3 (one week from tomorrow). The final exercises, with the commencement ad dress by Rev. E. McNeill Po teat of Raleigh, will be held Saturday evening. The commencement exercis es of the Negro institution, the Orange County Training School, are scheduled for Thursday and Friday of next week, June I and 2. Senior exercises and play, Thursday evening; graduation exercises Friday evening, with Howard W. Odum as the speak er. Miss Lawson a Winner Miss Estelle Lawson, defend ing champion, was a winner in the first round of the Women's Carolinas Golf Tournament day before yesterday in Charleston. She beat Mrs. W. A. Hutchinson 5 and 3. This paper went to press before news of the result of Miss Lawson’s match yester day was received. A Concert in Raleigh The North Carolina Symphony Society will give a concert Mon day evening in Raleigh. The Chapel Hill Weekly LOUIS GRAVES Editor United States Senator J. W. Bailey Gives Views on Currency Inflation EDITOR'S NOTE United States Senator J. W. Bailey was recently criticized by some North Carolina news papers for “not supporting the President .” Since Mr. Bailey voted against the Farm Relief bill, important provisions in it to which he objected, and ivhich caused him to vote against it, hare been practically abandoned by the President himself: that is, the President has given no tice that he will not put the pro visions into effect. In the course of a statement which Mr. Bailey made about his position on the Farm Relief bill published about two weeks ago, he said that one of his objec tions was that the measure “pro posed three distinct currency plans," and he thought that “one at a time is enough." This prompted us to write a letter to Mr. Bailey to this ef fect: “We do not believe the peo ple of North Carolina under stand clearly your position upon the question of currency infla tion. What kind of inflation, if any, do you favor? And why?" Here is his response: In the Farm Bill there ap peared to be, on its face, three inflationary methods proposed, as follows: I. The purchase by Regional Federal Reserve Banks, with Reserve Notes, of $3,000,000,- 000 of Government securities in the open market. I opposed this because the effect would be de flationary and not inflationary. That is to say, the issuing of $3,000,000,000 of Federal Re serve notes in addition to those outstanding w r ould absorb the entire reserve of the Federal Reserve System and cut off the last hope of conserving the re sources of that System for com mercial and industrial and ag ricultural loans. The System w'ould become a mere depository of Government securities and would really be frozen since no one could buy these securities in such quantities except the banks. This is what happened March Bth: The banks were loaded Gwynn Quits School Will Study at Yale; King Also Re signs, to Go to Chicago J. Minor Gwynn, superin tendent of the school here, has resigned from the position in or der to pursue graduate studies, leading to a doctor’s degree, in the department of education at Yale University. Yale has awarded him a fellowship which carries SSOO and tuition for one year. Mr. Gwynn took over the ad ministration of the school last year, and he has made a success of his task. It is not yet known who will take his place. He will be here through the summer. Arnold K. King, who teaches history in the high school, has received a fellowship from the General Education Board and will study next year at the Uni versity of Chicago. Community Club The last meeting of the year of the Community Club will be held at 3:30 this (Friday) after noon in the Episcopal parish house. Reports of the delegates to the meeting of the State Fed eration of Women’s Clubs will be read. CHAPEL HILL, N. C„ FRIDAY. MAY 26, 1933 down with Government securi ties and their money was de pleted accordingly. They could not sell these securities. The President is now under taking to operate this plan. I think you will see its failure in six weeks. Mr. Hoover tried .-it three different times and it failed each time. It may be de-. scribed as the normal plan pro vided in our currency and bank ing system. The only objection to it is that it will not work un der present conditions. 2. The next plan is the print ing-press money, that is the en graving of $3,000,000,000 of greenbacks unsupported by val ue other than the simple prom ise of the Government to pay. These are to be used to purchase Government bonds and short term paper in open market. The objection to this is that once we begin issuing money without the support of actual value, there can be no end of it. Upon the failure of $3,000,000,- 000 to produce a satisfactory consequence, there would be an immediate demand for $3,000,- 000,000 more, and in fact there was a demand for $2,500,000,- 000 more to pay the soldiers’ certificates which have not ma tured. I will agree that the is suing of $3,000,000,000 of Gov ernment notes for the purchase of Government bonds would be inflationary. However, Ido not think that people who hold bonds payable in gold and bear ing interest would willingly ex change them for simple prom ises to pay unsecured, and es pecially when these promises to pay are not promises to pay in gold. 1 put the simple point to you. If you had a Government bond payable in gold of the pres ent standard of weight and fine ness and bearing four per cent interest, would you exchange it for a Government note not pay able in gold, but payable in in definite money and bearing no interest? The logic of the advocates of the soldiers’ certificates in view (Continued on page two) The Play makers* Caper Stage Entertainment to Be Followed by Refreshments and Dancing The Carolina Playmakers are going to have their annual Caper tomorrow (Saturday) evening. It will begin at 8:30 and will end at no particular time—when ever the caperers get tired of capering. At some stage in the pro ceedings will come the ceremony of awarding Playmaker masks to the young men and young women who have distinguished themselves with the troupe this year. Dougald MacMillan will be master of ceremonies. For the stage entertainment something new has been devised. It is a play in the manner of the Italian comedia delV art, in which the actors, with the framework of a plot provided for them, improvise their lines as they go along. J. P. McCon naughey has fabricated a plot for tomorrow night. There will be refreshments in the greenroom. Thor Johnson’s orchestra will play jazz for gen eral dancing. An invitation is extended to anybody who has ever been con nected with the Playmaker or ganization in any capacity. THE SCHOOL MUST BE SAVED The people of Chapel Hill have a problem before them. They must save their school. There are many uncer tainties in the state’s new school law. But there is one thing that is not un certain : that is, the Chapel Hill school will be wrecked if it has to depend upon the allowance it may expect from the state. All citizens who want the children of Chapel Hill to have a decent education should make up their minds now to join in a vigorous campaign for a special tax to supplement the state al lowance. The required special tax will put a very small bur den on any single property owner, but the aggregate revenue from the tax will make the difference be tween a poor school and a good school. Poppy Sale Tomorrow Women Volunteers Working under the Direction of Mrs. W. B. Neal The annual poppy sale for the benefit of disabled World War veterans will be conducted to morrow by the women of the American Legion Auxiliary. Completion of the arrange ments for the sale was announc ed yesterday by Mrs. W. B. Neal, chairman of the committee in charge. More than 40 women have been enrolled as volunteer workers. They will sell the pop pies at the post-office, the bank, the drugstores, at other places in the village, and on the Univer sity campus. The standard price of one of the flowers is 10 cents, but fre quently purchasers make an ad ditional contribution. Making poppies has given hun dreds of disabled veterans em ployment during the winter months. These are the only per sons who receive any pay in con nection with the poppy program. The Chapel Hill poppy corps is part of a national army of 100,000 women. These women hope to place “the flower of re membrance” on at least ten million coats before sunset Sat urday. The money they take in will enable the Legion Auxiliary to carry on its relief and rehab ilitation work for the veterans. “Tweedles” The seniors of the high school will give Booth Tarkington’s comedy, “Tweedles,” at 8:30 next Friday evening, June 2, in the school auditorium. The play is a satire about summer resort life in New England. P. C. Farrar is the director. The parts will be taken by Ida Winstead, Marie Lawrence, May Crowder, Horace Hamilton, Erika Zimmerman, Leon Russell, Don McKee, Ted Caldwell, and Irby Wright. Club’s Supper and Dance The Country Club will have a barbecue supper at 6:30 tomor row (Saturday) evening. After the supper there will be dancing- For the supper the hostesses are Mrs. T. J. Wilson, Jr., Mrs. F. O. Bowman, and Mrs. E. W. Knight; for the dance, Mrs. Grover Beard and Mrs. W. M. Dey. School Question Puzzles Community; New Statute Not Clearly Understood Chapel Hill Chaff I am keenly interested in air planes, but not sufficiently in terested to want to listen to the roaring of their engines when I am sitting out in the garden on a Sunday afternoon. Or on any other afternoon. Several of my friends in the village have told me of being an noyed by the planes, and I un derstand that complaints have been made to the municipal au thorities. The obvious remedy for the nuisance is greater alti tude. I suppose that Mr. Tull, the ruler ami guardian of our airport, having learned that the clamor annoys the community, will see to it that henceforth the planes that go out from there fly higher. * * • When Joe Jones and his moth er were leaving the Forest The atre. where they had seen “A Midsummer Night’s Dream,” they found an empty spectacle case on the side of the road. The next day some friends of Mrs. Jones came over from Dur ham to visit her. She was tell ing them about the play and said she was sorry that they had not seen it. “But we did see it,” re plied a woman in the party. “It was fine. There was only one flaw in the evening: I lost my spectacle case.” Mrs. Jones turned to a table picked up the case, held it out to the visitor, and said: “Well here it is.” Favors Tax Election I*. T. A. Adopts Resolution Calling for Supplementary Funds Interest in the crisis brought on by the state’s new school law' brought a large attendance to the meeting of the Chapel Hill Parent Teachers’ Association Tuesday evening. The assemblage was told by Superintendent Gwynn and other speakers how seriously the school here would be damaged unless the funds to be allowed by the state were supplemented by local taxation. Upon a mo tion by Harold D. Meyer, the association adopted unanimous ly a resolution calling for a special election for the pur pose of raising the necessary supplements. Mr. Gwynn explained how the provisions of the new law af fected the Chapel Hill school. If it were operated in compliance with that law, without any addi tional money, it would be taken off the list of accredited schools of the Southern Association of Schools and Colleges. The al lowance from the state is not even sufficient to warm the building properly in the winter and to provide other essential services. R. J. M. Hobbs spoke upon some features of the new law. Mrs. Harrer was elected pres ident of the association, George Howard vice-president, and Mrs. Crockford secretary-treasurer. Bull's Head Open in Summer The Bull’s Head Book Shop will remain open this summer. Betty Barnett will be in charge. Mias Dirnberger will be with the Repertory Playhouse in New York. $1.50 a Year in Advance. 5e a Copy A Local Tax Election Will Be Held, but What WiU Be the Limits of the District? People in Chapel Hill are all in a muddle over the question of what is going to become of the school. Nobody really un derstands the new law—the so called “school machinery act”— and this community, like other communities all over the state, is looking to the newly appoint ed school commission to clarify the situation. That there will be a tax elec tion here, to determine wheth- , er or not Chapel Hill will sup plement with its own funds the meagre allowance from the state, is regarded as certain. But there is doubt as to the ge ographical limits of the dis trict in which the voting will be done. The state school commission has the authority to determine the layout of all the adminis trative units. At present the Chapel Hill school district in cludes very little inhabited ter ritory outside the corporate lim its of the village; that is, the school district is practically the same as the village. But the state commission is not obliged to maintain the present boun daries for the purpose of a tax election. It may include much more territory in the district; the whole township, or, if it so desires, two townships or more. The people of Chapel Hill w ho favor a special tax do not yet know’ themselves wheth er they want the vote taken in the district as it is now or in an enlarged district. And some of the citizens (though they are believed to be in the minority) do not want a vote taken at all; they would rather be free of a special tax and let the school sink to the low' level established by the state for the uniform eight-months term. If the district is enlarged, and if the special tax is voted, the rate of tax will not have to be (Continued on laat page) A Beauty Pageant Will B« Held by American Legion in Memorial Hall June 16 A beauty pageant will be held Friday evening, June 16, in Memorial hall by the Chapel Hill post of the American Le gion. About seventy-five young women are expected to appear in it. The winner will get a free trip to the state convention of the Legion in Wilmington this summer, and the winner of the beauty contest there will go as “Miss North Carolina” to the Legion’s national convention in Chicago. The admission to the pageant here in Chapel Hill will be 25 cents. To Decorate Veterans’ Graves World War veterans will go around to the cemeteries in Or ange county Sunday afternoon (day after tomorrow) to deco rate the graves of veterans who died in the war or afterward. The Hillsboro group will meet at, the court house at 1:30 P. M.; the Chapel Hill group will meet at the Episcopal parish house at , 2 P.M.