Show A A WHO'S NEWS ii I THIS WEEK By Lemuel F. F Parton I s VV i s W V WW v Vw V i YORK In In 1929 at the age NEW of seventy one Frederick H. H Prince the Boston Doston banker was still playing polo lIe He has bas great faith in inthe the shy durability of Time Better Belter men Institutions I Than Reform and governments they behave behave be- be as long as for tor Business have themselves He lie left for Europe to forget about business for a while and intimates that it would be a good thing If U the I government would be similarly neglectfuL neg neg- should stop Washington trying to reform business and leave the situation to time he says Time has bas treated him nicely and I he may well give It a testimonial At seventy nine he Is the grand grandi j i seigneur of American business Only four years ago be engaged in a I hitting hard slugfest over the control con conn of Armour Co I I t He tie got what he be was wai after the after th chairmanship of the board He has ha many such luch trophies having controlled con I trolled 46 48 railroads and in general one of the biggest cuts cub in the Amerlean Amer Ican lean dream of any man of his day t His 1111 mainly liquid fortune Is estl mated at around But for man many years Makes Make Point he says he be has of 01 Being in made it a point to tc I Debt Alway Always be about 1 In debt That t is revealing In connection with his I I ideas about money and success lIe He emphasizes the dynamics of money It money unless it is working I Stagnant money just dries up and blows blow away Hence you draw cards cards cards' even if U you do have to drag a few I chips for markers I lIes lIe's a little too heavy for polo I with a massive gray head deep I sunken unken pondering eyes and heavy gray moustache a bit grim per perhaps perhaps per per- haps but not formidable When early in October 1929 a small black blackcloud blackcloud blackcloud cloud appeared on the horizon he viewed it with a telescopic eye saw it for what it was and got out of ol the market j The cyclone never touched him Until a few years ago he was still I riding to the hounds bounds at Pau Pallo in I II southern France master of the hunt huntI I He lIe has bas marble palaces here and there one of them the former mann mansion mansion man man- sion slon of Mrs O. O H. H P. P Belmont Delmont at Newport Remarking that he has been in business 55 years ears he says this little squall will blow over in two or three months e eTHE e THE THE reason isn't quite cle clear r but these days the colleges compete for tuba players as well as athletes I Dr Walter Waiter Albert Tuba Juba Tuba Aces Ace Jessup deplores T Prized Same this and other as a. Athletes Athlete Pha phases of the scramble for students students students stu stu- I dents in the annual report of the Carnegie Foundation for the Advancement Advancement Ad I of Teaching of which heIs he heis heis is president The fight seems to be entirely in the field of extra extracurricular lar activities No mere scholar gets competing bids Ids from rival faculties Since he became head of the Carnegie Car negie negle foundation in 1933 Dr Jessup has been a a consistent so far as education is concerned lIe He lIeI wants fewer and better students in fit I Ith I th the colleges He assails the colleges colleges col col- leges which would teach anybody anything He lie is against educational education al trimmings excrescences and gadgets as the little Scotch iron master doubtless would be if he be were looking over the current scene Other Oth r leading educators Join him himIn himIn himin In this but the big mill has to have haveD plenty of raw ma ma- D Brain Bram Mill to keep on Needs Need Raw grinding or else Material become just a crossroad plant So they go after even the tuba play play- ers At any rate each can blow its own horn I Dr Jessup was president of the University of Iowa from 1916 1918 to 1933 A native of Richmond Ind he be was educated at Earlham colle college Ie and Columbia and gathered several everal honorary degrees in later years years He was superintendent of schools in Indiana Indiana In In- diana and dean of the college of education of Indiana university He lIe has won high distinction in the educational educational edu field and Is the author of a book on arithmetic One gathers that he would not 1 recommend Benny Goodman for a college faculty and that quite probably I ably the next Carnegie report may mayi i find adversely on the shag the Jeep Jeep- I I er and the susy any He lIe is 11 for fOJ low kicking and ancS high thinking as al against the pr prevailing reversal of this formula C e Consolidated News Newl Features Feature Service |