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- -1...41 , .- - — llll* page 4
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No. 78
/MIMES R. HO6CrES. U. S. Secretary of Can
memo, "'Oaks to a gioup of students who
gathered in the Hazel Union lounge for an
infornial question and answer period. Hodges
Hodges Suggests Plans
To Stem Gold Outflows
By SARALEE ORTON
United States Secretary of Coca
' merce `Luther, H. HW4es. recom
mended increasedexports and
adoption of President Kennedy's
Trade Expansion. Act as remedies
„lox' the gold drain problem in a
'talk here Sunday sponsored by the
University Lecture Series.:
This drain or outflow, which
produced a $2.5 billion deficit in
the internationel balance of pay
ments last year, is caused by mili
taiY expenditures abroad, foreign
aid, American investment in oth
ex' countries and American travel
expenditures abroad, Hodges ex
plained.
THIS DEFICIT could be eliml-
'mated if our exports were in
creased by. 10 per cent, he said. At
present the United' States exports
, a smaller percentage of its total
national production than any Ob
er industrial nation, he conrued.'
HoWever, in order to crease
exports, we must compete: in "an
international climate' of expand
ing trade," Hodges said. He cited
the necessity of facing the chal
lenge of the European Economic
Community (or Common Market):
The Coltman Market' is "po
tentially. the largest single market
in the free world,"'he pointed out,
American Nazi 6ahls Permission
To Spiak in,Lewisbirg Sunday
George Lincoln Rockwell, head
of the American Nazi party, will
speak in Lewisburg at 2p.m . .
Sunday. On Feb. 4, be made a
similar attempt, but was booed
out of town.
Unlike the first time when he
was denied a place to 'speak,
Rockwell has permission to use
the Third St. entrance of the Post
Office Building as a speaking
platform_ •
I THE POST Office DepartMent
'in Washington cleared thowaylor
this ruling last week by saying
anyone may use the steps to make
a public speeth. ' • • -
_Gregg Johnson, - parbnaster_.
Leimriatiliz, l led the Collegzan last
sight that he had received a letter
UNIVERSITY PARK. fA.'. TUESDAY MORNING. FEBRUARY 13. 1962
spoke on. campus Sunday. In his talk he urged
support of President Kennedy's proposed Trade
Agreement Act to overcome future competition
initiated by the European Common Market.
and the United States is in danger
of losing part of this market.
The secretary explained that
While tariffs on goods sold in
Europe• are going up for us, they
are declining for our competitors
inside the Common Market area.
THE TRADE Expansion Act,
recommended by the President,
would enable him to reduce to
zero, tariff barriers on products
for which the United States and
the Common Market are dominant
Removal of these tariff barriers
Would enable the U.S. to compete
with industrial Europe, is well as
to safeguard the economic futures
of other countries which might
be shut out of the Common Mar
ket and which depend on the U.S.
as their sole market, Hodges said.
•The secretary emphasized that
imports tend to strengthen, rather
than weaken Our overall economy.
Re explained that because we are
able to import raw material from
countries more efficient at pro
ducing them; we can devote more
of our time and talent to produc
ing consumer goods.
AT A QUESTION and answer
period after the lecture, Hodges
predicted the "highest corporate
profits in the history of America
by the middle of this year."
from Rockwell asking for permis
sion to use the steps and that the
permission had been granted. •
A borough official said that the
Nazi leader had not notified them
of hiS plans to return, but that
if he did, precautions would be
taken to take care of the expected
crowd.'
LAST WEEK Rockwell filed a
3110,350 damage suit in the U.S.
District Court - at Lewisburg. The
suit contends that JoSeph E.
Ingham, of Selinsgrove, damaged
Rockwell in a letter written to
the Sunbury Daily Item. .
The letter, according to Rock
well, damaged his opportunity to
:speak Is Lewisburg.
KM A BUM PENN STATE
"The size of corporate profits
is one of the sore spots in the
economy,"' he said. "Profits are
too low and have moved up very
little since 1950, while business
has expanded greatly." ,
High profits are necessary for
industrial expansion, • adequate
government revenues and savings,
the secretary explained.
Capital investments (corpora
tion expenditures•for plants, maf
chinery, etc.) may-' be slightly
higher this year. Capital invest- .
ments are fundamental to the in:,
dustrial growth if we are to keep
up .with other Countries.
THE HATE of investment will
probably show more of an in
crease if the President's tax in
centive bill, offering an eight per
(Continued on page two)
Summit Bid Rejected by Rusk
WASHINGTON (111--Secretary'
of State Dean Rusk rejected last
night Soviet Premier Khrush-,
chev's bid to open the fourthcom-'
lag diiarmament conference with
an 18-nation summit meeting. But.
he left the way open to a top
level gathering later.
Rusk said also he did not think,
the Soviet release of American'
U 2 pilot Francis Gary Powers
"moves us very far in the 'great
issues that divide the Communist
and the free world." •
The White House disclosed ear
lier that President Kennedy and
British Prime Minister Harold
Macmillan proposed last week to
Khrushchev that the- three keep
their representatives at the Ge
neva
The USG Congress will consider •The member, of Congress
"until concrete results have been'
neva disarmament negotiationsil
the adoption of constitutional by- shall be only the duly elected
obtained—however long this may'laws- ash asspecial meeting at 7:30 and sworn representatives
take." itonlght Lin 203 Hetzel Union. tiff any Congressman misses
The proposed constitutional br-two meetings . without 'reasonable
THIS 111-NATION session opens laws were drawn up by a comcn-rexcuse. he may be impeached by a
March 14 and is to report its rec-Itee headed by Anne Morris, Norlh'two third vote of Congress.
ommendations to the United Na-;Halls representative, and made Up; taln order for official business
tions by June 1. It was hinted'of interested congressmen. to be transacted, a quorum of
a summit meeting might come be-' members of Congress .shall be
fore that date. TONIGHT'S SPECIAL meeting:.present. Robert's Rules of Order
will be devoted solely to the CIIL.
Speaking on a recorded radio . eussion of procedural rules. iwhich shall cover any matters not ,
interview program, Rusk underi" specifically covered by procedual •
scored unofficial word on reaction; The main by-law proposals are rules lists a quorum as a majority.;
to the latest Khrusbehev proposallas follows: lof members.
like this: "We belie that what! •A two third vote of Congress; • A member of the gallery is
is now celled, for is' some sys-ishall permit tiny legislation not;privileged to express his opinion
tematic, Wiens, hard and deter-iput on the agenda by the Miles for three minutes when recognized
mined and quiet • negotiation to!Committee to come to the floor:by the chairman. The gallery can
translate these agreed general of Congress. i (Continued on paps two)
Student Us
Of Lot OK'd
The Hetzel Union parking lot will be open for slut
from 7 p.m. to 2 a.m. daily beginning Feb. 23, Stanley
?bell, vice president for business, said yesterday.
"I believe the students should have this privileg
del not to open the lot
Ise faculty and gue.lits of
impbeil. said. "It was deci
udents before 7 p.m. beeau
tiversity come to eat at the
Truce Room. : If students were
lowed to park before 7, the lot
)uld w full and there would
_ no room for the dinner pa
trons."
"The' matter of student use of
the HUB parking lot was brought
to my attention recently when a
representative of the Military Ball
Committee asked if the lot might
be opened for student use the
night: of :the Military Ball (Feb.
23), Campbell said. '
Co3ideration was then given to
opening the lot for special occas
sions; he, said, but this idea was
discarded because of the prob
lems ;Involved -in deciding which
occasion would merit the opening.
ANT STUDENT who has the
privilege. of driving on campus
is eligible" to park in the HUB lot,
Campbell said. Only students with
red stickers on their . cars will
be excluded,'he said.
Accoiding,to the parking and
traffic regulations of the 'Univer
sity a red sticker is issued free
and siniply denotes a student
owns a Car. It does not give him
University to tut Frosh Enrollment
Freshrhan enrollment at the
University Park campus will be
limited $o 3.000 students for the
fall tern , 1952, it was announced
Friday.
This limitation, which will al
low the admittance of 2,150 fresh
man men and 850 freshman wom
en, represents a 20 per cent re
duction in the number of fresh
men admitted to the University
in the fall. 1981.
"The total effect of this reduc
tion." Robert G. Beinreuter, dean
of adm*isions, said "will be to
keep the 1962-63 enrollment the
same as; it is this year."
President Eric A. Walker said
disarmamentprinciples whic hiof time and there are problems
have been endorsed by the U.N.lof commitment.
General Assembly into reality and "But these ought to be explored
fact. ! first through other channels with
"MIA WE do not believe that al possibility that heads of govern
this
kind of negotiation can best ment may be able then to remove
be carried on -at a heads of gov- any remaining points of difference -
eTnment level because,. among and put their final conclusiOns
other things ,these are problems Into operations."
USG, Congress to Hold Session
On Procedural By-Laws Tonight
By SANDY YAGGI
the privilege of bringing Ms
on campus.
A yellow sticker is issued for
$3.50 and gives the student the
right to. drive on campus and. also
park on the various open campus
lots after hours. A green sticker,
costing $lO, gives a student cam
pus driving permission and also
a designated parking assignment
on one of the campus lots.
"ONE OF THE strongest reasons
Why the lot was not open to stu
dents before was the safety factor,
for this privilege could be a-po
tential traffic problem," Campbell
said.
"If this privilege is respected bar
the studbnts, it wilt be continued.'
he said.l "however, in the event
that it IS abused. it will be taken
away."
The question of student use of
I HUB parking hit was studied last
year at which time extensive sur
veys - were made by various
groups. These were presented to
Albert F !Nem, then vice prcsi
dent for business. The request for
the use nt the lot was denied at
that time.
that the enrollment freeze Is du*
to a lower appropriation than
that requested by the University
and a higher retention rate" of
students in the upper classes.
An additicinal 2,300 freshmen
will be admitted to the 14 Com
monwealth campuses throughout
the state
Students placing in the " top :
fifth of their high school graduat
ing classes will be given. first
preference for admission. Any re
maining places will be filled by
students having the highest pre,-_ '
dieted grade point average base& ' 5,
on high school records and Col
lege Board Examination scores.