Show AAA NEWS THIS WEEK byleen by lemuel uel F parton I 1 I 1 not NEW EW YORK in 1929 nt at the age of seventy one frederick H prince the boston banker was still playing polo ile he has great faith ir in the durability ol of time better men institutions than reform and governments for business as long as they behave themselves he left for europe to forget about business for a while and intimates that it 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 lie he says time has treated him nicely and he may well give it a testimonial at seventy nine he is the grand seigneur of american business only four years ago he engaged in a hard hitting slugfest slug fest over the control of armour co he got what he was after the chairmanship of the board he has many such trophies having controlled 46 railroads and in general one of the biggest cuts in the amerlean american dream of any man of his day his mainly liquid fortune is estt esti 1 mated at around but for many years makes point he says he has of being in made it a point to debt always be about in debt that is revealing in connection with his ideas about money and success he 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 hips chips for markers hes a little too heavy for polo with a massive gray head 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 he viewed it with a telescopic eye saw it E for what it was and got out of the market 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 he has marble palaces here and there one of them the former mansion of mrs 0 H P belmont at newport remarking that he has been in business 55 years he says this little squall will blow over in two or three months 0 0 THE THE reason quite clear b but ut J these the days colleges compete for tuba players as well as athletes dr walter albert tuba aces jessup deplores prized same this and other as athletes phases of t the h e scramble for students in the annual report of the carnegie foundation for the advancement van cement of teaching of which he is president the fight seems to be entirely in the field of extra currick lar activities no mere scholar gets competing bids from rival faculties since he became head of the carnegie foundation in 1933 dr jessup has been a consistent so far as education is concerned he wants fewer and better students in the colleges he assails the colleges which would teach anybody anything he 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 the big mill has to have plenty of raw ma bram brain r mill ferial to keep on needs raw grinding or else material become just a crossroad plant so they go after even the tuba players at any rate each can blow r its own horn dr jessup was president of the university of iowa from 1916 to 1933 A native of richmond ind he was educated at earlham college and columbia and gathered several honorary degrees in later years he was superintendent of schools in indiana and dean of the college ot of education of indiana university he has won high distinction in the educational cat ional field and is the author of a book on arithmetic one gathers that he would not recommend benny goodman for a college faculty and that quite probably the next carnegie report may find adversely on the shag the beep er and the susy q ile he is for low kicking and high thinking as against the prevailing reversal of this formula 0 consolidated news features service |