PAGE SIX
Newman Predicts Future
Of American Economics
As America gets wealthier, her economic system—one in
which the preponderance of goods are demanded and con
sumed privately—will become increasingly outmoded and
the government will provide more social goods, says Dr.
Monroe Newman, head of the department of economics
Fit the University,
"The things that are needed so
no individual will provide
from his income," said Newman,
"It is therefore necessary for gov
ernment to take the funds from
income and provide the services."
Social demands will force a
change in the proportion between
private and social use of our in
come. he said.
Newman disagrees with those
who, perhaps fearing socialism,
take a conservative approach to
government economic activity.
'"Those who resist alteration
of our economic system are keep
inf from having the flexibility
which is its vitality." he said.
"As eve progress, the public
will demand those types of goods
mill services roost economically
provided through government ac-
"The job of an economic sys
tem changes as the society gets
wealthier. Our system has not
kept pace with our wealth and
this has resulted in a misalloca
tion of resources. We provide
private luxuries while social
necessities go unprovided."
For example, we build game
rooms in our homes. but not class
rooms for our children, he said,
Our current economy does not
show a balanced proportion be
tween goods purchased and con
sumed privately and those pur
chased and consumed as a group,
he explained.
"We spend more on inducing
people to increase their private
consumption than we do on pub
lic education," he said.
"We use resources to induce
people fo use tobacco and
then we beseech the people to
contribute funds to• find out
what diseases the tobacco pro
duces,
"Basically we have a situation
n which the wealthy many arc
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TRADITION
Duffy's Tavern is a mere four
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overlooking the poorer few and
are blinding themselves to pov
erty, preventable and curable ill
ness and deprived old age."
This will not be changed by in
dividual investment but only by
government economic activity,
Dr. Newman said.
Today's Answer
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SUMMER COLLEGIAN. STATE COLLEGE. PENNSYLVANIA
Review--
(Continued from page one)
et," three weeks ago, gtizzles his
way to laughs.
The show is also helped by the
performances of Patricia Thomp
son as his television-star wife and
Frank Browning as the neighbor-
George E. Ceiga, University or
ganist, will present an organ re
cital at 8 p.m. Sunday in Schwab.
The recital, sponsored by the De
partment of Music, is open to the
public.
The program will include:
ing assistant district attorney. ;"Homage to Perotin" by Myron
Roberts; "Wachet auf, ruft uns
As the artificial TV star who die Stimme" and Bach's "Toccata
has found a home in the sub. ? and Fugue in D Minor"; and Can
tabile by Cesar Franck.
addition to Bishop. Whether'
Also included in the recital are:
countering his attempts to make , „ Introduction and Toccata and
love or sell the house he hates,
!Fugueg G Major" by William
her attitude is right and, for a Walond "Greensleeves" from
!
change, she seems to be enoy- '
Four Carol Preludes" by Richard
ing herself. Purvis; "Adagio for Glass Har-
Browning uses efficent voice monica" by Mozart; and "Varia
and actions to portray the law en- tions de Concert" by Joseph Bon
i forcer. Even in the closing scene,'net.
;where he lets the couple discov-
er he knows the truth about the
murder, he avoids being as hor-
ribly nice as the Coppel script
would indicate; this deserves
thanks
The supporting cast turns in
nice performances. Mimi Ben
singer, as the maid, Ann Driscoll
as the real estate saleswomen
playing husband against wife, and
William Mooney as the English,
poetry-speaking crook, add con
siderably to the production.
Thanks to Bishop's shenanigans
;and the direction of Max Fischer,
the production moves swiftly. The
slightest lag might have proved
fatal. "The Gazebo" will play to
night and tomorrow at the play
house in Neff's Mills.
1:=M:1
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State College and Bellefonte
FRIDAY, JULY 8. 1960
Construction—
(Continued from page one)
ing for 992 men and 1024 wom
en in September are now near
ing completion.
All excavation has been com
pleted on the Turf Plot Residence
Halls which are scheduled for
completion next June. Ground
floors have been poured for most
of the buildings and precast col
umns and beams are under con
struction. These units are de
signed to provide accommodations
for 1046.
Eighty of the 216 units of hous
ing for the married graduate stu
dents will be completed and ready
for occupancy next week and all
of the remaining units are sched
uled for completion during Aug
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