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University Daily Kansan Tuesday. Sent. 16. 1958
PLAY TRYOUTS—Nearly 100 students attended the auditions for the 1958-59 University Theatre's productions held at the Music and Dramatic Arts Building last night. Dr. Lewin Goff, director of the University Theatre, said that 83 students had a chance to read lines and that call
backs will be posted Wednesday on the University Theatre bulletin board. Reading lines from "Summer and Smoke" are Phil Harris, Columbus freshman; Herb Hilgers, Plainville graduate student; Daryl Warner, Merriam sophomore; and Henry Asbell, Kansas City, Mo., junior.
Economics Professor Says—
'Economy Boost Waits For Steady High Stocks'
Leland James Pritehard, professor of economics and business administration, said today that the recent stock market advance, which hit a historic high yesterday, is too short ranged to enable anyone to make any concrete predictions about continued business recovery.
There has been some business recovery since June and much anticipation of continued recovery, Prof. Pritchard said. The fact that many people expect enormous prosperity around the corner has also helped the advance in the stock market.
"But stocks are an imperfect hedge against inflation," he said. "We must do more than what we are doing now to sustain the recovery unless people go on spending.
"Unless there is some unusual international crisis, I think the recovery will prove to be somewhat abortive and the economy will be sagging again in a few months."
Prof. Pritchard said there has
been some regaining of ground lost in terms of employment, gross national product and industrial production. Industrial production has regained about half of the ground it has lost since August.
"However, the gross national product is still sagging from what it was a year ago," he explained. The gross national product is the aggregate value of goods and services.
"The ratio of price to dividends is higher than in years and the yield of industrial stocks is below that of high grade bonds. It's an upside-down economy," Prof. Pritchard said.
KU's libraries now have almost 300,000 volumes, in addition to 200 newspapers, 7,500 periodicals and other serial publications.
Holiday Inn Restaurant
Eisenhower and Attorney General Meet On Integration Decision
Announces
Luncheon Buffet "Chuck Wagon Style"
Served Every Weekday
11:30-1:30
All You Can Eat, Only 95c
NEWPORT, R. I. — (UPI) Justice Department officials are confident that reopening of a closed public school as an allwhite private institution to avoid racial integration would be ruled unconstitutional. Administration sources said today.
This was disclosed in advance of an integration conference here between President Eisenhower and Attorney General William P. Rogers.
To prevent carrying out of the order, Gov. Orval F. Faubus closed all four of Little Rock's high schools. Gov J. Lindsay Almond Jr. also has closed the Front Royal, Va., high school to prevent admittance of 22 Negroes under a Federal District Court order.
It appeared doubtful that any decisions reached today by the President and Rogers on Federal Government strategy would be made public before being carried out. The Administration didn't want to tip its hand. White House sources said,
The President and Justice Department officials were represented as seeking the wisest course designed to achieve a long-range goal for peaceful integration.
They were reported counting heavily on parents in Little Rock, and other places where schools are closed, getting fed up with the situation and instituting court action themselves.
Justice Department officials said in Washington that reopening of a public school as a private one would
Items for the Official Bulletin must be brought to the public relations office. 222-A Strong, before 9:30 a.m. on the day of publication. Do not bring Bulletin to the office. Daily Kansan. Notices should include name, place, date, and time of function.
Official Bulletin
Aerial Club Business meeting—7:30
TODAY
Alpha Phi Omega—7:30 p.m. in Pine Belt Hall, UnionClosed meeting, members only.
Quill Club—correction. 8:00 p.m. in Pine Room of Union, not 7:30 p.m. as previously announced. Meeting to plan year's activities. All members required
TOMORROW
THURSDAY
THURSDAY
I. A. S. Meeting—7:30 p.m. Lindley
Auditorium
Debate Try-outs—7:15 p.m. in Strong
134.
be designed patently to circumvent the supreme court's integration rulings. They predicted it would be declared unconstitutional on the grounds that it violated the 14th Amendment which provides for "equal protection under the laws."
Meanwhile in Little Rock
U. S. district judge John E. MHIER said the prospects for immediate federal action are so dim he is leaving Little Rock.
"There is no emergency down here," federal Judge Miller said. "We will just have to let nature take its course."
Judge Miller, who handed down the original Little Rock desegregation order three years ago, said he is leaving shortly for his home at Fort Smith.
Savings and Loan Institute to Be Here
The 10th annual Savings and Loan Institute for junior executives will be held Thursday through Saturday at the University under sponsorship of the Kansas Savings and Loan League and University Extension.
Approximately 70 persons are expected to attend the conference which will include classes on financial institutions, oral and written communications, savings and loan principles, investments and related topics.
Send-Off For Mitchell, Staff, Team
Traditions RALLY
DANCE
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FRI., SEPT. 19
7:15 Hoch
Sponsored by SUA
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837 Mass.