PaAade &! Opinion,
("By Associated Collegiate Press)
Now another war worse than
before. Then another depression
worse than before—and what’s
the world' coming to? Purely
aside from any supposition that
we may be drawn directly into
the European conflict, the very
magnitude of our defense pro
gram is so great that it leaves
many floundering in confusion as
to how we are ever going to pull
^through, whether we shall be
able to resume anything like a
normal economic life. This view
assumes that our defense pro
gram is creating and will create
so many severe dislocations in
our industrial system that accord
ing to most economic theorists,
later readjustments cannot be
made except at tremendous delay
and cost.
Let’s take a few phases of this
problem and try to determine
where we are.
In the first place, there is no
good reason to assume that the
gigantic defense program will be
■^suddenly halted even with an
abrupt end of the war compar
able to that of November 11,
1918. A considerable portion of
what we are now undertaking as
defense will be long continued.
Peacetime uses have been an
nounced for new arms plants be
ing constructed, and for bomber
assembly plants. The same prin
ciple underlies other parts of de
fense, notably naval and ship
construction.
A Large Role for U. S.
This suggests the constantly
enlarging role of the United
States—not necessarily a volun
tary role—in world affairs. It re
quires long-continued and con
stantly broadened efforts t o
match that role in our commer
cial life, to say nothing of the
necessary naval and other de
fense roles.
But what of this peacetime cri
sis, the years after the war ? Take
an example here. The national re
sources planning board finds a
present need of 2,500,000 new
homes. Despite a growth in home
building in the past two years,
we have the shortage from the
ten years previous. With a fair
expansion, to make up this short
t 1 , -
age after peace comes should re
quire ten years.
In a study of “Fundamental
Economic Issues in National De
fense,” Dr. Harold Moulton, presi
dent of the Brookings institute,
takes note of the fact that “after
the World war the existing back
log of productive requirements in
utilities, and housing served to
shorten the period of depression
and propel us into a period of
rehabilitation and expansion.”
Voice of Experience
The expansion, however, proved
unsound. In this emergency we
have an even greater backlog, as
well as the experience gained
after the last war. This may be
used, Dr. Moulton explains, not
only in the safe working out of
production problems, but of
“monetary, banking, fiscal, labor,
and consumption problems.” The
backlog then is here. There will
be a decline in business activity
immediately following the war.
If the decline is not too severe,
this normal backlog will pull the
nation through with a more sta
ble recovery period. The time be
tween peace and the normal ex
pansion will see a decline. Fol
lowing the decline business itself,
aided by the great demand ac
crued during the past years and
by the carry-over from defense
programs, will be able to expand.
But what of the period in be
tween ?
Here the job is government’s.
There will be a demand for spend
ing on public works and provid
ing of relief jobs. The expense
will be great, true, added to the
vast debt we already have. But
there is no alternative. A greater
expense for a few years—then a
more sound recovery and more
lasting period of prosperity. We
have no other choice.
—William Baker in the Michigan
Daily.
Westminster Tea
A special get-acquainted tea
for freshmen men and women
will be given at Westminster
House on Wednesday from 2 .to
5 p. m. Westminster will also be
holding open house all this week. ’
"EUGENE'S FINEST
LAUNDRY SERVICE"
New Service
Laundry
839 High Street
Phone 825-826
At Second Glance
(Continued from page four)
Margaret Walter . . . Kappa’s
Bonnie Jean Range and Phyllis
Collier ... Pi Phi’s Mary Jane
Rabbe and Phoebe Smith . . .
Sigma Kappa’s Barbara Parker
and Virginia Granquist . . . ZTA’s
Marge Pemberton and Barbara
Reeder.
Male Prizes
ATO’s Bob Fugit and Walt
Long . . . Beta’s Ken Jackson and
Dick Sheahan . . . Chi Psi’s T. H.
Willhite and Bruce Jackie . . .
Delta Tau Delta’s Bob Pender
grass and Bill Simms . . . DU's
Duane Clements and Bruce Kirk
patrick . . . Kappa Sig’s Bob
Pearson and Ted Yaw . . . Phi
Delt's Bill Hopper and Rod Tay
lor . . . Fiji's Hobart Bird and
Cal Hagstrom . . . Phi Psi's Da
vid Stone and Bruce Wood . . .
Phi Sig’s Jim Parsons and Bill
Milbrand ... Pi Kap’s Jim Ram
say and Leo Stoeckle . . . SAE’s
Ken Hehl and Bill Wilson . . .
Sigma Alpha Mu’s Bob Hassen
and Allen Asher . . . Sigma Chi’s
Bob Morrison and Jack Titus . . .
Sigma Nu’s Bor Elandson and
Palmer Fallgren . . . Sig Ep’s
Kieth Hoppes and Glenn Metcalf
, . . Theta Chi’s Dick Schultz and
Barney Loomis.
FIRST PRIZE: Because Tri
Delt Harriet Crawford accepted
A1 Stewart’s Delt pin, about the
first planting of the new term.
Because AOPi Bea Schum re
turned her SAE brass, which
marks the first breakup of the
term. Best example of a good
sport was Mrs. Alice MacDuff,
assistant Dean of Women, who
joined coeds at the Phi Theta
party and roller skated with all
of them.
Musings About Frosh
THINGS WE LIKE: To watch
freshmen place pictures of home
town girls prominently in view,
then to have them disappear be
fore the term’s over . . . the way
the Hello dance is called strictly
a no-date affair and then every
one comes with one . . . the way
knitted ties are flashing around
the campus. We checked up and
they were popular “way back in
1924.” In fact, quite the rage . . .
the a la Brenda Frazier mode of
coiffures this term . . . the
catchy lyrics to "Chattanooga
Choo-Choo” . . . the reason why
the staff of th.e Oregana is al
ways three-fourths female. Ten
thirty rolls ’round awfully fast at
night, but as long as you’re work
ing . . . calling ordinary ham
burgers “Victory steaks” and the
conga the “Churchill Kick.’1- You
know, one, two, three, kick is
easily transformed into dot, dot,
dot, dash . . . Columbia’s album
if Grofe’s “Grand Canyon Suite”
by Kostelanetz, which hits a new
high in record reproduction . . .
it’s twins for the AOPis . . . more
strictly, the pledging of twin
sisters Muriel and Marion Olsen
, . . the quietness of the library
before school starts . . . the ru
mor of enrolling campus house
dogs into a course called “Barks
and Litters” ... no credit . . .
ill this talk about the Pioneer
doffing his hat . . . and newcomer
to Oregon, Joe Holmes, whose
handsome appearance took him
to Hawaii and back this sum
mer.
Most-heard records during rush
iveek were T. Dorsey’s “Kiss the
Boys Goodbye,” L. Clinton’s “Let
Me Off Up Town,” G. Miller’s
“Chattanooga Choo-Choo” and H.
lames’ “For the Want of a Star,”
according to downtown sales.
Hello Dancers
(Continued from page one)
tor new students, although, he
said, others are welcome to at
tend.
Winnie Green is in charge of
securing patrons and patron
esses, Kenny Bowles is in charge
if the tags, and Jim Carney will
be in charge of the floor.
MOST FAMOUS FAMILY IN GREEK-LETTER. HISTORY/
ALL WERE MEMBERS OF <SIGMA CHI AT1HE UNIVERSITY OF MISSISSIPPI FROM 1699 TO 1912
Gallecficde l/fJosdA
(By ASSOCIATED COLLEGIATE PRESS)
I jOne of our mure confused and discouraged friends lias lived
out a little story that strikes us dumb because its logic can’t
be refuted because, it’s an honest confession, and mostly be*
cause it’s a good story.
Our friend majored in Democratic Institutions and recently
decided to change his major. He called on one of the deans. “I
want to change my major from Democratic Institutions, sir,”
he said. “I want to major in history now.”
The dean wanted to know why, and our friend replied ;
“Well, sir, I honestly don’t think there’s any future-to Demo
cratic Institutions.” He thought a minute and then he said:
“As a matter of fact, sir, I don’t think there’s any future to
history, either.”
(We stole this item from the columns of The Dartmouth,
even though we know there isn’t much future to stealing,
either).
# # #
The sports staff of the Aquin, weekly at St. Thomas college
(St. Paul, Minn.), recently claimed a distinction in that each of
its members had a knowledge of at least three foreign lan
guages. In the aggregate, the staffers could write “the old
apple was knifed through the bucket for the winning tally in
the last minute of the final quarto” in these tongues: Greek,
Latin, German, French, Anglo-Saxon, Spanish, and Italian.
Not to be outdone, the general newsmen announced they
are familiar with all seven of these, plus Hebrew, Slovak,
Dutch, and Russian.
However, at the latest report (8:30 p.m. CST), the Aquin
was still publishing in English.
Welcome
Students
Whether it's a corsage for
the dance# a Mum for the
game, or flowers for some
other big event choose
her favorite from our
large stock of beautiful
flowers.
Chose Gardens
58 E. Broadway
Phone 4320