Show AA NEWS THIS WEEK by lemuel F parton NEW EW 1929 at the age of seventy one frederick H prince the boston banker was still playing polo ire he has great faith in the durability ot of time better men institutions than reform and governments for business as long as they be have themselves lie ile left for europe to forget about business for a while and intimates that it would be a good thing it if the government would be similarly neglectful washington should stop trying to reform business and leave the situation to time he says time has treated him nicely and ho he may wen well give it a testimonial at seventy nine he Is the grand seigneur of american business only tour four years ago ho he engaged in a hard hitting slugfest slug fest over the control of armour co ile iia got what he was aft erthe chairmanship of the board he has many such trophies having controlled 40 railroads and in general one of the biggest cuts in the american dream of any man of his day ills mainly liquid fortune is estimated at around but tor many years makes point he says ho he has of being in in made it a point to debt always be about 2000 in debt that Is rev revealing paling in connection with his ideas about money and success I 1 he le emphasizes the dynamics of money it money unless it Is working stagnant money just dries up and blows away hence you draw cards even it if you do have to drag a few chips for markers lies a little too heavy for polo with a massive gray head dec deep sunken pondering eyes and heavy gray moustache a bit grim perhaps but not formidable when early in october 1929 a small black cloud appeared on the horizon ho he viewed a telescopic eye saw it for or what it was arid and got out of I 1 the market I 1 the cyclone never touched him until a few years ago he was still riding to the hounds at pau in southern france master of the hunt ho he has marble palaces here and there one of i them the former mansion of mrs 0 11 II P belmont Bc lmont at newport remarking that ho he has been in business 55 years he says this little squall will blow over hi two or three months s THE HE reason quite clear but bu these days the colleges compete for tuba players as well as athletes dr walter albert tuba aces jessup deplores prized some same this and other as athletes phases of t the be scramble for students in the annual report of the carnegie foundation for the advancement van cement of teaching of which he is pros president ident tho the fight seems to be entirely in the field of extra currick lar jar activities no more mere scholar gets competing bids from rival faculties since he became head of the carnegie foundation in 1933 dr dp jessup has bien been a consistent so far as education Is concerned ile he wants fewer and better students in the colleges lie ile assails the colleges which would teach anybody anything ile he la Is against educational trimmings excrescences and gadgets as the little scotch doubtless would be if he were looking over the current scene other leading educators join him in this but tho the big mill has to have plenty of raw ma brain mill terdal aerial to keep on needs raw grinding or else material become just a crossroad plant so they go titter after oven even the tuba players at any anarato rate rato each can blow its own horn dr jessup was president of the university of iowa from 1916 to 1933 1931 A native of richmond ind he was educated at earlham Ear lliam college and columbia and gathered several honorary degrees in later years ile he was superintendent of schools in indiana and dean of the college of education of indiana university ile he has won high distinction in the educational cat ional field and is the author of a book on arithmetic ono one gathers that he would not recommend denny benny goodman tor for a college faculty and that quite probably tho the next carnegie Carn eglo report may find adversely on the shag the jeep er and the susy q ile he Is forlow tor low kicking and high thinking as against the prevailing reversal of ahls lf ormula 0 consolidated news features feature service |