The daily collegian. (University Park, Pa.) 1940-current, February 15, 1958, Image 1

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    Today's Forecast:
Fair
and Mild
VOL. 58. No. 86
Saulnier To Address
Business College's
Annual Career Day
Dr. Raymond J. Saulnier, chairman of the Council of
Economic Advisers to the President, will be the principal
speaker at the annual College of Business Administration
Career Day, March 13.
The Career Day program will begin at 2 p.m. With panel
discussions by speakers from industry in the fields of account
ing, insurance and finance, eco
nomics and labor, management,
marketing and transportation.
Saulnier will speak at the even
ing program in Schwab Auditor
ium.
Saulnier is on leave of absence :
from Barnard College, the wo
men's undergraduate school of
Columbia University, where he :
has been chairman of the eco
nomics department since 1950.
He joined the Research Staff
of the National Bureau of Eco
nomic Research in 1938 and
since 1946 has been the director
of its financial research pro
gram, with responsibility for
studies in banking and finance.
In this connection, he has con
ducted and directed research on
a wide variety of financial sub
eicts, including consumer cred
it, business finance, agricul
tural credit, home mortgage
credit and the securities mar
ket.
Saulnier has served as an ad
viser and consultant to govern
mental agencies. In 1950-51 he.
was a consultant to the Board of
Governors of the Federal Reserve
System on real estate financing
problems. In 1951-52, he served
on a special advisory committee
of the Farm Credit Administra
tion of the Department of Agri
culture on farm financing prob
lems. In December 1956 he was
,named chairman of the Council
of Economic Advisers.
Among the books and articles
Saulnier has written are "Con
temporary Monetary Theory:
Studies of Some Recent Theo
ries of Money, Prices and Pro
duction," "Business Finance and
an k in g," "Urban Mortgage
Lending by Life Insurance
Companies," and Federal Lend
ing and Loan Insurance," with
Neil H. Jacoby and Harold G.
Halcrow.
He is a member of the Ameri
can Economic Association, the
American Statistical Association
and has served as President of
the American Finance Association
in 1950.
Dr.. Raymond J. Saulnier
Career Day Speaker
New Code
Faces Test
Tomorrow
The revised All - University
Elections Code, scheduled to be
put into effect for the first time
tomorrow night when "University
Party elects officers, can defin
itely be enforced, according to
committee chafrman Peter Fish
burn.
He said yesterday, "There's not
much doubt about it. We can and
will enforce the code, including 1
the . revised section on party or
ganization." •
The section now states that any
student who wishes to vote at
a party meeting must hold a par
ty membership card. The card is
obtained when he registers as a
member. He must present his per
manent matriculation card in or
der to register.
After a student has joined one
party, he May not change his po
litical affiliation during the re
mainder of that semester; accord
ing to the revision.
The penalty for violating the
revised section, Fishburn said, is
banishment from all parties for
the duration of the semester in
which the violation occurred-and
for the following semester.
University party will meet at 7
p.m. tomorrow in 10 Sparks to
elect party officers. John D'An
gelo, acting party .chairman, yes- 1
terday said he plans to run again
for the office of party chairman.
In last Sunday's elections,
which were declared null and
void by the Elections Committee,
D'Angelo defeated Arthur Pfautz
by 14 votes for the party chair
manship. Pfautz has "voluntari-,
ly withdrawn from the contest"l
and will not run tomorrow night,'
according to William B. Crafts,
assistant to the dean of men.
Pfautz', eligibility as a candi
date was questioned last week be
cause he is a residence halls coun
in
seloi.. Crafts. said ,* the future it
will be consider d "inappropri
ate" for a counsel r to seek a po-,
litical post.
Campus party':
mittee will meet
morrow in the lii
.
Lion, and Blue
ties will not mee
tr i r
or r ElittitH,,--.1,-..::-Tx - i t i g io tt
*/ 4 5_ 1 _ 11 i •
• •
--Daily Collegian photo by Bob Lloyd
'IS THAT ME?' students ask as they pick up their new matricula
tion cards this week. Students who have not picked up the cards
according to their registration schedule may do so in 4 Willard.
Subjects—and objects—of the amusement are Suzanne Hornberger,
sophomore in education from Willow Grove, and Joel Holdren,
freshman in industrial engineering from Allentown,
steering eon"-
at 2 p.m. to
zel Union.
: d White par
this weekend..
FOR A - BETTER PENN STATE
STATE COLLEGE, PA., SATURDAY MORNING, FEBRUARY 15. 1953
Dulles Hand Seen
In Tunisian Crises
WASHINGTON, Feb. 14 (In'
—Secretary of State Dulles
disclosed today he may take
personal command of an
American drive to settle the
Tunisia-French bomb dispute.
Dulles was also considering fly- i
ing to New York Tuesday to join
in a United Nations Security
Council debate. on Tunisia's
charge that France committed
"an act of aggression."
Dulles' sudden change in plans,
reflected mounting American'
fear that new violence might!
break out in Tunisia if peacemak
ing steps are delayed. The lean
was that armed clashes might
erupt if France pushed ahead'
'Mild' Weather
Pleases Lion
The Nittany Lion romped down
the trail to the Bellefonte dia
mond this morning clutching a
ten pound sledge hammer.
Chuckling, he smashed an occa
sional bit of snowflake in a dainty
pirouette. "Huz
zah," he cried,
"today I shall
vent my beastly
inhibitions," and
then- with mani
acal glee he beat
a 1950 model car
to smitherines on
the diamond.
Crazy Lion?
No. believe it or
not he was at
tending a car -
smashing spree sponsored by
Bellefonte High School's La Belle
staff as a fund raising stunt.
Afterward the Lion purred a
sheepish "hello" to professor
Snarl, strolling to class in " the
'mild 25 to 30 degree temperature
predicted for today.
Sharp Address Changed
The address of Larry Sharp
has been changed to:
Room 267
New York
University Hospital
303 E. 20th St.
New York 3, N.Y.
with plans to send food and sup-i
plies to 15.000 French troops now!
"blockaded" by excitable Tuni-,
The State Department report- Knowland. .trey ing he was
ed Dulles has been closely fol- :speaking for himself, denounced
lowing Tunisian-French devel- :as "a serious blunder" the' French
oprnents from his Atlantic City +air attack on the Tunisian fron
vacation spot. Dulles flew to itier town of Sakiet Sidi Yousset
the New Jersey resort Tuesday. Saturday which precipitated the
hoping to spend 10 days rest- newest diplomatic hassle.
ing._ _ _Secretary Acting of State Chris-
Senate Republican Leader: tian Herter. who has been han.
Knowland (Calif.) mean while!dling the Tunisian problem in
called for "real statesmanship"iDulles' absence, was reported in
by French leaders to ease the,frequent telephone contact with
Mediterranean crisis. iDulles on possible new moves.
Knowland suggested a three- :Herter was also understood to be
point peace plan: use of UN ;keeping President Eisenhower
patrols to guard the Tunisian- ;advised at the White House vaca.
Algerian border, mediation by tion headquarters at Thomasville,
the United States or some other !Ga.
J. O'Brien,
Oldest Graduate Die
Two prominent faculty members, an assistant dean of the
college of Business Administration and the coach of the men's
debate team, died yesterday afternoon.
Dr. Geimge L. Leffler, assistant dean of research and
director of planning of the College 'of Business Administra
tion, died in Presbyterian Hospi
tal, Philadelphia. He was 59.
Joseph F. O'Brien, professor of
public speaking and for 30 years
coach of the men's debate team,
died in the Centre County Hos
pital, Bellefonte. He was 54.
Dr. Leffler, also a professor of
finance, was known throughout
the country as a stock market
analyst.
A faculty member since 1937,
he was born in Maryville, Mo.,
and was educated at the Uni
versity of Kansas. He received
his- master of arts and doctor of
philosophy degrees from the
University of Wisconsin.
He taught five years at the
University of Toledo before corn
ing here.
He was author of "Industrial
Trends in Pennsylvania Since
1914," "The Stock Market" and
"Your Bank."
Survivors include his widow,
Vada Morris Leffler.
Mr. O'Brien. born Dec. 4, 1903.
in Waukon, lowa, received his
bachelor's degree from the State
University of lowa and his mas
ter of science degree from the
University. He also completed
graduate work at Cornell Uni
versity.
Before completing his work at
lowa. he taught English and his
tory in Milton (Ill.) High School
and was principal of Hillview
(Ill.) High School.
Mr. O'Brien was named to the
University faculty in 1928. At
'that time, he substituted for John
H- Frizzell as coach of men's de
bate and he continued in this
'capacity for nearly 30 years,
'coaching teams that achieved
amazing success.
; His activities also included those
of adviser to the Pennsylvania
Debaters' Convention which
meets annually at the Uf.lver
sity and adviser to Forensic Loun
cii. From 1953 to 1955. he served
'as chairman for the annual Amer
ican Legion Oratorical Contests
held at the University.
• For a number of years, he
served as president of the Penn
: sylvania Speech Association
and also served as president of
the Debating Association of !AP11;0 Award Postponed
Pennsylvania Colleges and the
Pennsylvania Speech Round- ,By Lack af Nominees
table. Alpha Phi Omega, men's na-
Mr. O'Brien has been active also!tional service fraternity, has post
in the National Association of ; poned selection of a faculty mem-
Teachers of Speech, the Easterniber to receive the distinguished
Public Speaking Conference and;service award because of the lack
the American Association of Uni- of student nominations for the
versity Professors. He was a award.
;member of Phi Kappa Tau fra- A campaign is being planned
iteniity and Phi Delta Gamma,,to secure greater participation in
I (Continued on page eight) lthe nominations.
rgiatt
Replacing
Vote Docking
See Page 4
FIVE CENTS
acceptable nation and placing
the French-held Tunisian naval
base of Bizerte under Atlantic
Pact control.
MEM
Dr. George L. Leffler
Dies in Philadelphia
Joseph F. O'Brien
Men's Debc!€ , Coach.