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THE RED AND BLACK
Page Five
Sanford Explains Roosevelt’s 'New Deal’ Before Demosthenians
Speaker Tells How
Power to Act Was
Anniversarian Speakers
Tom David Elected
Demosthenian Head
At The Movies
Taken by Executive
'Lambs Have Lain With Lions
And Dictator Comes to Aid,’
Sanford Asserts
“Taxation without representation
is tyrany but taxation with misrep
resentation is illegal and tyrany,”
declared President S. V. Santord
Wednesday night in Demosthenian
hall, speaking on “Ten Days of the
New Deal.”
In discussing the rolq of taxation
President Sanford said that it was
the cause of our first fight but that
today the people are behind Frank
lin D. Roosevelt and useless bureaus
are becoming extinct.
“Nothing is so damnable in the
world as the pensions of the Ameri
can government,” Doctor Sanford
said, "and pensions are being drawn
for the War of 1812.”
President Roosevelt asked for the
economy bill, he asked for his bank
ing bill, and now he has asked for
beer and the congress passed them
all, Dr. Sanford brought out.
Morgan Goodhart, left, and Hamilton Lokey, right, will deliver the an
nual anniversarian addresses of Demosthenian and Phi Kappa Literary
societies in the chapel Thursday morning.
"The lambs have lain with the
lions; Republicans have voted with
Democrats, and all Hoover did was
to give us nothing," President San
ford said in speaking of the first 10
days of Roosevelt’s administration.
Here the speaker went to some
lengm to explain how and what had
happened in the first few days of
the present administration. He car
ried the audience from the start of
the rule of the nearly dictorial pres
ident to the passing of the beer bill
in an effort to restore prosperity.
"A dictator has come to the aid
of the country and has saved it,”
President Sanford continued. “We
have never failed to meet an emer
gency but this is the first time in
America that we have had to meet
such a crisis in peace time. We meet
it squarely under Roosevelt."
Some deflations are not controlled
by man but government wnich is
controlled by man has not deflated,
so President Roosevelt has acted, the
speaker asserted.
William J. Carson,
Georgia Graduate,
Writes in Exchange
A leading article against inflation
by a former University student, Wil
liam J. Carson, appears in the spring
issue of the Beta Gamma Sigma Ex
change, quarterly publication of the
national scholastic commercial fra
ternity.
Mr. Carson, assistant professor of
finance at the University of Penn
sylvania, received his B.S.C. degree
from Georgia in 19 21, after which
he took a Ph.D. degree in econom
ics at Columbia. For several years
he was economist for the federal re
serve board, after which he joined
the faculty of the Wharton School
of Finance and Commerce at Penn
sylvania.
“Deflate government,” are the two
words used by Dr. Sanford as the
remedy to get this country out of
the slump.
Under the Articles of Confedera
tion there was too little government
—now to the extreme of too much
government, and extremes in gov
ernment always bring on crises, the
speaker stated, in discussing the gov
ernment at Washington.
“It is not fair to put the burden
on those who are not able to pay
their taxes in order that a group
which never donned a uniform may
draw a pension.”
In conclusion, Dr. Sanford chal
lenged the members of Demosthenian
by saying, “It is your government
by your vote.”
Speaking of President Roosevelt,
the speaker characterized him as a
true scholar, a statesman, and a true
American.
"I am an enthusiastic admirer of
Roosevelt,” were the concluding;
words of the speaker.
“There was no representation at
Washington or in Atlanta in the j
Georgia legislature,” Doctor Sanford
emphatically said, “except during
the first 10 days of the Roosevelt
administration. Our government is j
one of blocks, one of lobbyist, and
one of the politicians, and not one |
by representation of the people.”
In giving to its readers authori
tative articles on current financial
problems, the Beta Gamma Sigma
Exchange has elecited many en
dorsements as one of the most use
ful business magazines now avail
able.
The Spring quarter issue numbers
6.000 copies. Members of the fra
ternity will receive 5,000 copies.
The others will be mailed to prospec
tive subscribers among business and
professional persons.
Other leading articles in the Ex
change deal with the financial break
down and with the erroneous fed
eral reserve policies which have led
to the depression. An article by
Prof. Harry G. Brown, of the Uni
versity of Missouri faculty, was read
by President Franklin D. Roosevelt
and referred to Prof. Raymond
Moley prior to Its appearance in the
Exchange.
Doctors Brown and Carson are in
disagreement in regard to the road
to recovery from the depression, and
students of the University will read
the articles with interest, Prof. John
W. Jenkins, editor of the Exchange,
said.
According to Professor Jenkins,
the most important contribution in
the publication is written by Wll-
ford J. Eiteman, of New York city.
The article shows that the brokers'
LITERARY SOCIETIES
HOLD ANNIVERSARY
EXERCISES IN CHAPEL
(Continued from page 1)
charge of the program and is being
assisted by John Brennan, Savannah,
of the Demosthenian society, and by
Billy Maddox, Rome, of the Phi Kap
pa society.
Anniversarian exercises were first
held ten years ago under the sponsor
ship of Dr. Sanford, then dean of the
University and president of Frank
lin college.
loans which mounted so high during
the late stock speculation of 1928
and 1929 did not remove any of the
available funds from legitimate bus
iness. Mr. Eiteman proves that the
funds of the expansion, instead of
being wrapped up in brokers’ loans,
were actually dumped into the cof
fers of our business corporations
where they rated such corporations
undue expansion.
Authoritative articles on the sil
ver question, unit banking, the war
debts problems, and unemployment
insurance are featured in the spring
issue of the Exchange.
Imperial
hotel
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For Spring Period
Tom C. David, Danielsville, was
elected president of the Demsothen-
ian Literary society at the last meet
ing of the organization during the
winter quarter. He succeeds Morgan
Goodhart, Adairsville.
Other officers elected were Earl
Edwards. Bainbridge, vice-president;
Milton Richardson, Macon, solicitor-
general, and Clyde Jardlne, Douglas,
sergeant at arms. Claude Green was
appointed secretary of the society
by the new president.
David's election was the result of
a run-over contest. Ho was opposed
in the first ballot by John Brennan,
Savannah, and Emory fliers, Pavo.
The second ballot was between David
and Brennan.
Thera was also a run-over in the
race for solicitor-genoral between
Milton Richardson, Macon, and Julius
Whelchel, Jefferson.
PALACE
Saturday: Kate Smith, Randolph
Scott, and Sally Blane in “Hello
Everybody." Taxi boys comedy,
“Bring Um Back a Wife.” Cartoon
comedy.
Monday and Tuesday: Carol Lom
bard and Jack Oakie in “From Hell
to Heaven.” Musical novelty, "Out
of the Past,” with Charlie Chaplin
and Douglas Fairbanks. Sound news
reel.
Wednesday: “Lawyer Man,” star
ring William Powell and Joan Blon-
dell. Cartoon comedy and news
events.
Thursday and Friday: John, Ethel,
and Lionel Barrymore in "Rasputin
and the Empress.” Mickey Mouse
comody, “Whoopee Party.” Sound
news reel.
STRAND
Saturday: Tom Tyler In “Man
From New Mexico.” Serial, “The
Last Frontier.”
After the election the new officials
were Inaugurated. They will hold
office until the end of the spring
term.
David is a senior in the Univer
sity, and is campus leader. He is
also a member of Senior Roi nd Ta
ble, secretary and treasurer ot Grid
iron, member of Alpha Zeta, highest
agricultural honor fraternity, Aghon,
and the "X” club.
Monday and Tuesday: Lionel At
well and Fay Wray in “Wax Mu
seum,” all technicolor feature. Mu
sical novelty.
Wednesday: Rex Bell in “Broad
way to Cheyenne.” Cartoon com
edy.
Thursday and Friday: John Gil
bert and Mao Clark in "Fast Work
ers.” Flip the Frog cartoon com
edy.
It takes
resourcefulness . ..
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unusual telephone construction problems.
For example, they laid a huge conduit under the
Harlem River. They dredged a trench in the river
bottom, lowered enormous sections of iron pipe,
sent down divers to join the sections, encased the
finished tube in concrete. Through this they ran
telephone cables forming one of New York’s main
lines of communication. Across the Gila River in
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long. To bridge oceans, they developed radio tele
phony. They have built telephone lines over moun
tains, across deserts, through swamps.
Their resourcefulness in getting through, over or
under natural barriers makes possible telephone ser
vice that is practically world wide in reach.
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