Show NEWS THIS WEEK so by lemuel fe F parton I 1 EW YORK in 1929 at the age not NEW of seventy one frederick H prince the boston banker was still playing polo he has great faith in the durability of time better men institutions than reform and governments for for business as long as they 1 behave themselves he left tor for europe to forget about business tor for a while and intimates that it would be a good thing 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 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 slug test lest 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 american dream of any man of his day his mainly liquid fortune is estimated 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 ot 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 hes a little too heavy tor 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 tor 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 in two or three months HE reason quite clear but L these days the colleges compete for tuba players as well as athletes dr walter albert tuba aces jessup deplores prized same this and other as athletes teases phases of t the h e scramble for students in the annual report of the carnegie ari lugie foundation for the advancement van cement of teaching of which he is president the fight seems t to 0 b be e 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 it if he were looking over the current scene other leading educators join hi him lm in this but the big mill has to have plenty of raw ma brain mill aerial 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 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 superintend eni of schools in indiana and dean of the college 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 jeep er and the susy q he is for low kicking and high thinking as against the prevailing rev reversal ersal of 01 this formula Q consolidated news features service |