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5-1-1932 The niU versity of Dayton Alumnus, May 1932 University of Dayton Magazine

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MAY 1932 --··-----··--= Page 2 UNI VER SITY OF D AYTON ALUMNUS May, 1932

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THE GEM CITY BRANCH OF VAN CLEVE HOTEL DAYTON, OHIO THE WHOLESALE GROCERY COMPANY SYLVESTER BEER Dayton, Ohio Managing Director UNIVERSITY OF DAYTON ALUMNUS A magazine which seeks to promote the interest of the University of Dayton and to foster among the Alumni a sentiment of regard for one another and attachment to their Alma Mater.

VOLUME IV MAY, 1932 NUMBER 8

Eighty.-second Commencement and Reunion of Alumni ~ ~ ~ June 4, 5 and 6

ORGET the present and travel an honest endeavor to be on the in memory back again to the U of D campus for at least a short good old days. Return on while, especially on June 4, which FJune 4 to the U of D campus is Class Day. for a real alumni goodfellowship gathering. Whetner a definite re­ PROGRAM OF EXERCISES union party has been arranged or not, come back, meet your old classmates and profs, live on the Saturday June 4 campus, and revive old memories 10:00 a.m.-Reception and regis­ and associations. All alumni, tration of alumni in the alumni whether members of reunion classes lounge, main floor, St. Mary Hall. or not, are invited and urged to 12:00 m.-Luncheon. Meeting of come back to U of D on June the Board of Athletic Control. fourth, fifth and sixth. The University will reserve room 1:30 p.m.-Alumni "Get-together" in Alumni Hall to care for those on old Varsity "First Division" returning alumni ·who are not resi­ campus. ~ents of Dayton. There'll be plenty 2:00 p.m.-Alumni vs. Varsity of rooms for all those who come for Baseball Game. Rockne Six "65" Saturday, Sunday and Monday - Sedan to be awarded by Alumni and and no charge will be made. Res­ Athletic Associations immediately ervations for rooms can be made following the game. through the Alumni Office. Each alumnus is kindly urged on 4:30 p.m.-Annual Meeting of As­ his return to the U of D campus to sociate Board of Lay Trustees. report to the Alumni Office at once 5:30 p.m.-Buffet Luncheon, Senior for registration. No matter at what Club Room, Chaminade Hall. time you return during the three­ day program - do not faH to reg­ 6:30 p.m.-Class Reunion Exercises. ister. We want the Alumni Reunion 7:30 p.m.-Alumni "Get-together," Book to contain the name of each Club Rooms, Alumni Hall. and every alumnus, from the city George White, Governor Ohio, ~f Sunday June 5 of Dayton and other places, who will be U of D Commencement comes back to his old campus on Speaker on June 6 7:00 a.m.-General Communion June 4, 5 and 6. Service for Graduates. On Saturday afternoon the U D Varsity will meet the Alumni Base- 9:00 a.m.-Baccalaureate Service, ball team at 2 :00 P. M. From present indications the Academic Procession, Solemn High Mass. Baccalaureate alumni will have a strong team on the field. Following Address given by Very Rev. Msgr. William Anthony, the game the Rockne Car will be awarded by the Alumni Ph. D., J. C. L., Cincinnati, Ohio. and Athletic Associations to the lucky winner. The award­ Afternoon-Inspection of U of D Buildings. Golf (those ing of this auto has been used as a means of overcoming who care to play should notify the Alumni Secretary for deficits' created by both associations. All alumni are arrangements) . urged to send in their ticket returns as soon as possible. On Saturday evening the club room of Alumni Hall will Monday June 6 be at the disposal of the alumni. Reunions for the 9:00 a.m.-Solemn Requiem High Mass for departed reuning classes are in order for Satul'day night. alumni. Rev. Eugene C. Gerlach, ' 12, celebrant. Baccalaureate Services will be held on Sunday at 9:00 A.M. The annual Alumni Banquet, usually held on Sun­ 10:30 a.m.-Meeting of the Alumni Board of Directors. day evening of Commencement, will not be held this 12:00 m.-LUI}Cheon. year. The Alumni Board of Directors decided at their last meeting to do away with the banquet at Commence­ 2:00 p.m.-Eighty-second Annual Commencement in the ment time and to hold it annually on the occasion of N C R Schoolhouse. Commencement Address given by Homecoming in the course of the football season. Make George White, Governor of Ohio. (For admission tickets a notation of these dates- June 4, 5 and 6- and make apply to Alumni Secretary.) 3 Page 4 UNIVERSITY OF DAYTON ALUMNUS May, 1932

Grad of '95, Klondike Miner, Returns Classes Holding Reunions Nicholas Lavoy, '95, adventurer and prospector, visited the scenes of his &chool days recently when he stopped HARRY FINKE, Secretary off at the University of Dayton in the course of a motor 134 N. St. Clair St., Dayton, Ohio. trip through the Middle West. '02 He visited his old classrooms and other familiar places HARRY SOLIMANO, Secretary on the campus for the first time since 1895 when he left ., '07 955 Reibold Bldg., Dayton, Ohio. school to become an adventurer. Fate led him into the heart of the Klondike in 1898. He remained there for ROBERT GRAY, Secretary twenty years and there he built up the fortuRe which 134 N. St. Clair St., Dayton, Ohio. '12 now maintains him in luxury. ~ TOO A. MAKLEY, Secretary Visiting with Thomas Price, S. M., of the Department 201 Realty Bldg., Dayton, Ohio. of English at the University, and Merle P. Smith, alumni 'I 7 secretary, LaVoy described adventures in the Klondike ROBERT M. PAYNE, Secretary in the gold rush of '98. 201 Realty Bldg., Dayton, Ohio. "Those were truly pioneer days," he said. "I was one '22 of a party of seventy-five men to go into the Klondike. HERMAN REBOULET, Secretary Only twenty-five of these men ever came out. Only two '27 105 Ashwood Ave., Dayton, Ohio. are living today, myself and my best friend, who now CHARLES E . DEGER, Secretary lives at Los Angeles. "More than once we were forced to kill some of our '29 605 Rockford Ave., Dayton, Ohio. dogs to supply us with food when on long 'mushes' over the ice and snow of the endless winters. For twenty years Your secretarie.;; will plan your reunion. They want I was away from civilization. Only the most staunch of reunions. But they must HEAR FROM YOU. Tell spirit survived." them that you will or will not be on deck. Yes or LaVoy delightedly traveled about the University cam­ No- they must know. Reunions are scheduled for pus. He recalled that St. Ma1·y Hall and the Chapel were Saturday night of June 4. Surely you will not pass two of the few buildings there when he left school. up this opportunity of being together once again He stopped at Dayton after visiting his brother, Gilbert with the "old gang"? The party depends on you. LaVoy, Deerfield, Michigan, who was a student at the If you are a member of one of the reuning classes University of Dayton in 1896. He is on his way back to let your secretary know whether you will or will Seattle, where he now makes his home. His home for­ not be present ... but try to be present. merly was at Toledo, Ohio. At fifty-six years old, he is hale and hearty, prepared to enjoy the years of comfort back in civilization, b11t ----U . D. ---- living all the while in memory of those romantic days of the Klondike. Eighteen More Members! ---U.D.--- Just eighteen more alumni affiliated with or renewed Our Very Rev. President Bernard P. O'Reilly, S.M., their memberships in the Alumni Association of the Uni­ recently appealed to you to send us the names and ad­ versity of Dayton since the April issue of the Alumnus. dresses of prospective students for the next scholastic Eighteen more is an increase, but we should increase in year. Are you cooperating? Have you mailed in your greater numbers. Now is the time when the University student prospect ca1·d? most needs the support of an organization, and when the ----U.D.---- Association most needs a large membership. Your check may be in, but not your neighbor's. If you u of D Engineers Club Meets would do more than your bit, remind alumni when you On Friday evening, , the University of Dayton meet them that a check for any amount is acceptable, Engineers Club held a dinner meeting at the Dayton it would mean a lot. What amount do we want? If you Engineers Club. The principal speaker of the evening are unemployed, nothing. If you have an income, set was Dr. Bernard T. Schad, S.M., who spoke on "Traffic your own amount- but something. There is no time like Engineering in the City of Dayton." The U of D Engi­ the present. · neers Club is an organization of all the engineering grad­ The following alumni have sent in their dues since uates of the University residing in Dayton and vicinity. the April Alumnus: ----U. D.---- Carl A. Theuring, '23, Blue Ash, Ohio. The American Alumni Council, an organization of the Leo F. Kimmel, '11, Wayland, New York. alumni secretaries and the alumni associations of the Ann Marie Ryder, '30, Dayton, Ohio. various colleges and universities of the United States, Carrie M. Spiece, '27, Dayton, Ohio. will hold their annual convention at Pasadena, California, Joseph F. Reis, '28, Pittsburgh, Pennsylvania. August 11, 12, 13, 1932, with the Hotel Huntington as Kenneth Kurtz, M. D., '27, Dayton, Ohio. headquarters. Charles J Reiling, ' 31, Cleveland, Ohio. John J. Ladner, '30, Chicago, Illinois. ----U . D. --- - Ernest Levit, Jr., '31, Dayton, Ohio. Rev. Robert J. VonKaenel, '24, Cincinnati, Ohio. Senior Farewell Edwin J. Yagow, '27, Chicago, Illinois. At the Greenwich Village Club on May 27 will be held E. F. Sweetman, '04, Urbana, Ohio. the Senior Farewell, with Cato's Vagabonds furnishing Richard J. Deger, '22, Dayton, Ohio. the music for the party. Added attractions will be a trio, Rev. James M. Ryan, Columbus, Ohio. a blues singer; and beautiful favors. The dance is formal William H. Fiel, '24, Dayton, Ohio. in nature and supper club style. Due to the trend of the William J . Westbrock, ' 26, Dayton, Ohio. times the price will be $3.00 per couple instead of the Henry L. Biegel, '26, Dayton, Ohio. usual $5.00. Alumni are invited to attend. Reservations Roland A. Wagner, '26, Dayton, Ohio. can be made by calling the Alumni Office. May, 1932 UNIVERSITY OF DAYTON ALUMNUS Page 5

EDITOR'S NOTE :- Mr. Kent is widely known in t he banking field . H e was vice-president of the Bankers Trus t Conwany, N ew York, 1909-28, was one of the founders of the American Institute of Bank­ GOLD ing, and has a lways ·been keenly interested in its progress. During • • the war he was director of the Division of Foreign Exchange of the Federal Reserve Board. In 1930 he beca me president of t he Council By Fred I. Kent of N ew York University. International Authority on Banking and Economics fat· away from sound methods in some principal propor­ tion as to numbers and relative opportunity to exercise their wills. HE universal desire of Mankind to provide alibis Gold in connection with currencies has two impoi tant for their every mistake at times develops compli­ uses : one as a measure of the relative value of commod­ T cated but more or less futile discussions upon ser­ ities between each other; and the other as a means to ious subjects. The depression has brought forward settle balances, especially in the latter case as between one phase of such a situation in the discussions which the nationals of different countries. have developed about gold. The reason why gold takes such an important part in One would almost conceive the idea that a bar of gold the settlement of balances between nations is due to the contained a motor, a self-starter, and a mechanical brain, fact that national laws build walls around a people that and that it galloped around at will at the expense of poor are high or low, depending upon taxation, and it!' human beings until its actions had forced a depression methods, financial systems, and tariffs, embargoes, and upon the world, developed mental unrest and created customs practices over frontiers. Walls so created to the many unfortunate psychological reactions. extent of their existence curtail the ability of an individ­ The same thought is carried into what is possibly a ual or corporation in any country in operating with those more unfortunate development in every man blaming the in other countries. The result is that national groups be­ depression upon some other person o1· group of persons come involved in the total activities of the individuals because now that hindsight can be actively employed in within the groups as against national groups in other weighing certain conditions that existed in recent years countries in connection with their individual operations. up to the time of the depression he thinks that he can It therefore becomes necessary for balances as between see where other individuals used impossible judgment, nations that develop because of uneven trade, services even though he cannot mentally restore all of the ele­ and financial operations to be met by gold shipments that ments which were in existence at the time such judgments represent balances, or such parts of balances as are were rendered. However, we are not concerned at the desired by creditors. moment with this phase of the situation, important If a national group, meaning the people of any one though it may be, but must confine our attention to the country, buys more than it sells continually over a period gold alibi. of years, figurng services as sales, because together with the settlement of such balances as can be met in gold it is Gold H as Never Failed Ma n k ind able t? borrow to meet deficits, it must reach a point OLD is a substance that has always been attractive to when Its gold holdings are dissipated and its power to G mankind. It is something that he has always been borrow is destroyed. willing to accept in exchange for almost anything he might possess. Because of this attitude of man toward Trou bles A rise From O verta xation gold it was quite natural that it should be selected as the promise to pay in currency tokens. It is the only sub­ T !fE political acts of peoples also have their influence stance that has continued to be effective for this purpose m measuring the ability of national groups to carry and that has never failed mankind. Currencies backed by on trade where credits are involved. When a people are gold while such backing continued have stood up when ?vert!lxed, other things being equal, it lowers their equal­ currencies backed by other commodities, by government Ity with other peoples as to ability to trade and overtax­ bonds, by legislative acts declaring them legal tender or ation is the universal method of peoples 'through their governmen~s to get into financial trouble, followed by by promises of groups of individuals from corporations to more taxatiOn to try to lift themselves by their boot­ governments have been inadequate except now and again straps out of the sloughs of despond into which they have temporarily. brought themselves. We are hearing today about how gold can be effectively When a country weakens its financial position in rela­ supplanted by managed currencies, the thought back of tion to other countries through constant over-use of the idea being that the currencies will carry into them foreign facilities to import goods and receive credit, and the integrity of governments as their backing and that creates unwise internal taxation, it will lose its gold currency issues will be increased and decreased by men un l es~ the. go~ernment prevents its shipment, in which in such manner as to force other men to do things case It Will simply reach the limit of its unfortunate against their will, and taking it for granted that those operations a little quicker than might otherwise occur. who may do the forcing will be more intelligent and more alive to developing conditions than those who are to be Ca n Gold Stan dar d Be Abandoned ? forced. How are men going to be any more successful in man­ W HEN the acts of men in many countries move along aging a currency that would have governments back of it lines that create such developments and gold moves which fluctuate from election to election in power, intel­ out to other countries, is gold at fault? Is not the so­ ligence, and degree of good intent, than they are in the called maldistribution of gold that follows merely the case of currencies backed by gold which is always itself re~ult of the unwise act.s of men instead of having any­ regardless of the acts of men, even though its value as thmg whatsoever tlo do With gold as a backing to currency? measured in the things which men produce may fluctuate Again, if gold were abandoned as a measure of com­ because of the acts of men in connection with such modity prices and as a means to settle balances that production? were temporary in their nature as between countries that When men have the intelligence to successfully manage might be due to seasonal excesses in trade one way or a currency that can be backed by government fiat they another, h~w would it inc_rease the ability of the people will have the intelligence to manage currencies backed by of any nation to trade With those of other nations and gold. Again the opportunities of men to carry on un­ if they persisted in exercising uneconomic forces t~ the wisely, under so-called managed currencies, is almost end of their ability, how could it save them from the unlimited, whereas with currencies backed by gold unwise hardships certain to follow such acts? acts are brought up with an effective check much quicker Further, if gold as a standard of measure were aban­ even though they may go far in the creation of diffi­ doned, how would commodities be measured in value culties before this happens when men are diverted too ( Continued on Page 6 ) Page.~6~------~U~N~I~V~E~R~SI~T~Y~~O~F~D~A~Y~T~O~N~~A~L~U~M~N~U~S~ ______M_ ~ay~, _1_9~32

measure gold, ordinarily occur entirely without any ref­ Gold erence to such relationship. They are due to the belief (Continued fro m Page 5) on the part of weighted public opinion on the basis of its exercised activity that from the movement of prices against each other except on the basis of barter, unless preceding any movement they are going up or down. some other standard were found, and is there any way by which chaotic conditions could be prevented after the C redit R equired W ith Rising P rices abandonment of gold and before something at least as satisfactory had been found to take_ its place? Is _it co!l­ HEN, for instance, the so-called commodity price • ceivable that with the present density of populatiOns m W level has shown a rising tendency over a short per­ the world upon all of the continents that th~ exchan_ge iod, buying of raw materials is first stimulated, followed of goods on any basis of ba1·ter could be earned on with by increased buying by wholesalers, retailers and con- sufficient speed to prevent great hardship and even sumers. t starvation? The stimulation thus created strengthens the rising The movement of commodity prices as expressed in price movement, and all engaged in pursuits which neces­ gold is also being attributed to that metal rather than to sitate them to buy before they sell feel the urge to act the acts of men which cause it. in making purchases as much before the time of their actual need as is feasible. Ia There a Sufficient Gold Supply? As prices continue to rise the time comes when pur­ chase'rs of goods all along the line up to the consumer T is entirely conceivable that a time might come when increase the supplies of those goods in which they oper­ I the amount of gold in the world would not be suffi­ ate beyond normal. On such a movement profits naturally cient to support the credit trade base needed to enable increase as the motion of prices results in a wider spread the trade of the world to be carried on, although in view between buying and selling figures. The distribution of of the present gold holdings and known gold reserves in such p1·ofits increases the consuming power of the public the mines of the world and growing efficiency in the use and accelerates purchases for consumption. The rising of gold for credit purposes, such a time cannot be ex­ prices require a continual growing need for credit to pected to arise during this generation on a basis of sound meet the same turnover and a further addition of credit business operation. lines to carry larger inventories. This increases bank It is also conceivable, althopgh it seems improbable for loans, which increases deposits and the profits in finan­ a long time to come, that some better means of carrying cial operations. In default of any natural catastrophe or on trade may be developed. political upset such a movement becomes accelerated as After admitting these two possibilities we must ac­ it proceeds over the course of months and years and ex­ knowledge that their consummaton is too far in the penditure and extravagance grow on the part of govern­ future to have anything to do with the present depres­ ments as well as of the people as taxes increase on the sion, and that is what concerns us at the moment. same base of tax returns until finally a peak in prices Just how the weight of gold can be bearing down upon is reached. the trade of the world so as to cause the deflation that P eak P rices De m and Loa n s exists today, when only a few years ago it supported a HE first notice of the approach of such peak comes credit structure immensely greater than that which now T from bankers who find that they are being called exists, is incomprehensible. upon for loans against greatly reduced quantities of It would seem important that we get away from trying to contemplate equatons as moving forces, even though commodities because of the higher prices, which tells its they might carry a true statement of conditions, provided story to them in two forms: one, a great increase in the all of the elements were known quantities. Until we do total amount of credit asked for; and two, a smaller this and analyze effectively the causes for changes in collateral security in the goods that are directly or in­ commodity prices from the standpoint of the human directly back of such credits. At about the same time or being rather than of inanimate objects, we cannot make before, markets begin to grow less for this and ~hat and much progress in the prevention of the recurrence of the other branch of the industry and with increasing times of depression. breadth before the peak is reached. Then comes a fall in prices·, precipitate or gradual, Ultimate Consumer P r oduces B uyers depending in some proportion upon the amount of credit extended as the top is being reached for the purchase of £ VERY commodity has its own price curve. This curve commodities, real estate, properties, or securities borrow­ is based upon supply and demand, and it moves some­ ings which can only be met by sudden turnover of col­ times over and sometimes under the price curve of other lateral upon a falling mark~t . . commodities. Supply is primarily based upon quantity, Gold need take no part in such a movement, as the accessibility, and durability of raw materials, together amount of credit required for the turnover of goods on with the changing ability of man in relation to the recov­ the prices that have developed does the work of itself. ery, preparation and processing of raw materials, fur­ -This again, however, is only brought about by the ther measured by the means of transportation and dis­ acts of men, which means that buying of commodities tribution. Demand arises from man's necessities and de­ begins to fall off because of high prices and resistance to sires, together with his ability and willingness to exercise new borrowing for manufacturing purposes, and reduced such desires. demand results in reduced production. A natural demand can be utterly destroyed by a The psychological change, however, is ordinarily suf­ changed public psychology. Again, an under-supply may ficiently great to result in less buying than might be become an over-supply almost overnight if the habits and warranted, other things being equal, because of the belief customs of the people change or new inventions or dis­ that prices after they have turned will continue to fall coveriE!s arise to interfere with demand or the relation­ and that raw materials, manufactured goods and other ship between supply and demand. commodities can be purchased for less money. The urge to buy arises in the ultimate consumer from need or desire for the thing itself. The urge to buy on T axation Relief Urg ent the part of the entrepreneur is based upon his opinion as to the demand from the ultimate consumer and of supply D ETAILERS naturally resist the fall in prices with the as he conceives it to exist. A constant dispersion in the IX hope of being able to dispose of inventories without prices of commodities of all kinds is going on which is loss. This individual effort of retailers, which represents the result of the acts of men as applied to supply and a general activity on the part of practically all of them, demand. causes consumers to hold back even more in their buying In addition to this dispersion there are general move­ than they might otherwise do. The reason is that the fall ments up and down that represent an average of all in wholesale prices presages a later fall in retail prices, commodity prices. Such movements, while the change the and therefore there is a holding back by buyers that relationship of the average commodity price to the ( Con cluded o n P a&'e 9 ) May, 1932 UNIVERSITY OF DAYTON ALUMNUS Page 7

'88 Leo H. Beckman, Hamilton '25 Paul H. Fox, M. D., is located County Recorder, wTites thai; at North Pleasanton, Texas. he will endeavor to be present for --John Watermeier, Jr., has re­ the Alumni-Varsit y baseball game on June 4. ceived the appointment as Chief Chemist of the nationally known Celotex Corporation, Marrero (New Orleans), Joseph Clemens and his son, Raymond, '27, reside Louisiana. He is now recovering from a trying illness '99 at 232 Dutoit St., Dayton, Ohio. due to arsenic poisoning.--Archie J. Leary's new ad­ dress is 1369 Granger Ave., Lakewood, Ohio. CELEBRATE THAT 30-YEAR REUNION ON '02 JUNE 41 '26 Herbert M. Eikenbary was installed on April 19 as dictator of the Loyal Order of Moose in Dayton, Greetings come from Emmett F. Sweetman, City Ohio.--Viola Allen resides at 120 Volusia Ave., Day­ '04 Engineer of Urbana, Ohio. ton, Ohio.--Maurice R. Reichard is now located at 2902 Ida St., Dayton, Ohio.--John Brady resides at '06 Our sympathies are extended to J. Clarence Hoch­ 2036 W. 87th St., Cleveland, Ohio. walt and Justin A. Hochwalt, ' 22, on the r ecent death of their father. '27 FIVE YEARS OLD ON JUNE 4! AFTER FIVE YEA·RS ISN'T IT TIME TO GET TOGETHER '07 WILL YOU PASS UP THAT 25-YEAR REUNION AGAIN AND CELEBRATE? YOUR REUNION NEEDS ON JUNE 4? YOU.--Oscar C. Hollenbach is now located at 2044 Farwell Ave., Chicago, Illinois.--Dick Snelling is pres­ '12 AFTER TWENTY YEARS AREN'T YOU COM­ ide t of the Morelite Service Co., Cleveland, Ohio.-­ ING BACK TO BE WITH THE OLD GANG ON Kenneth Kurtz, M.D., is located at 18 Brown St., Day­ JUNE 4? LET YOUR CLASS SECRETARY, BOB ton, Ohio.--Louia M. Chaney is located at Central GRAY, HEAR FROM YOU. Park, Helena, Montana.--Let yout class secretary, ' Herman Reboulet, hear from you. '17 FIFTEEN YEARS OLD ON JUNE 4! YOUR RE- UNION ... HOW ABOUT IT?--Virgil C. Mur­ '28 John J. Debesis is to be married Monday , phy residing at 546 S Union St., Galion, Ohio, will leave 1932, to Nellie Veronica Strimatis, at St. Francis sho;tly for the West Coast--William F Avery is assis­ Church, East 71st St. and Superior Ave., Cleveland, tant purchasing agent for the Elwell Parker Company, Ohio.-,--Louis H. Gitzinger is second lieutenant in the of Cleveland, Ohio. Air Corps Reserve located at Mitchell Field, Long Island, New York.--Gerald Herbison is credit manager of the Walter Agnew resides at 2127 Duckcreek Road, '19 Royal Furniture Co., Cleveland, Ohio.--Joseph F. Reia Cincinnati, Ohio. of 454 Swissvale Ave., Edgewood, Pittsburgh, Pennsyl­ '20 Floyd F. Nietert is Akron District Manager for the vania, writes that Norbert Hannigan, '21, recently spent City Loan & Savings Co., 326 S. Main St., Akron, a week-end with him.--Charles Thuu, .M. D., who is Ohio. Floyd's father, Charles Nietert, was a candidate now an interne at New Haven Hospital, New Haven, for Montgomery County Commissioner. Connecticut, writes that recently he accidentally met Richard J . Boucek, '32, of 815 Lockhard St., Pittsburgh, '21 Leo P. Dolan, M.D., of 452 Board of Trade Bldg., who is now studying medicine at Georgetown, Washing­ Toledo, Ohio, was a visitor at the University on ton, D. C.--Byron H. Breen resides at 303 Johnson St., the third of May. Dayton, 'Ohio. '22 YOUR 10-YEAR REUNION IS SCHEDULED '29 "THREE YEARS OF ABSENCE IS LONG FOR JUNE 4! LET YOUR CLASS SECRETARY, ENOUGH," SAYS CHARLEY DEGER, YOUR BOB PAYNE, HEAR FROM YOU.--Mr. and Mrs. CLASS SECRETARY. SO GET TOGETHER AGAIN John B. Breen ·Of Radcliffe Road are the proud parents ON JUNE 4! YOUR 3-YEAR REUNION.--A. J. of a son, John Gilbert Breen ILl, born on Monday Schlitt is now a graduated bowler. Art was captain of April 26, 1932, at St. Ann's Hospital, Dayton, Ohio.-­ the John F. Clarks Bowling Team and won the first place Richard J. Deger resides at 759 Bellemonte Park North, in the Stock Exchange League in Chicago.--Harry E. Dayton, Ohio. Thompson is testing engineer for the American Gas Asso­ ciation of Cleveland.--Douglas E. Finn of 1862 Hal­ '24 Rev. Robert J. VonKaenel is located at 1744 Iliff dane Road, East Cleveland, Ohio, is employed with the Ave., Cincinnati, Ohio.--William H. Fie! resides at 209 Five Oaks Ave., Dayton, Ohio. (Continued on Page 10) Page 8 UNIVERSITY OF' DAYTON ALUMNUS May, 1932 Athletic News and Cotntnent

By Mason C. Benner, '32

VARSITY DEFEATS SENIOR-ALUMNI They sport wins over Heidelberg, Ohio Wesleyan, Cin­ FOOTBALLERS cinnati, and Kenyon. They tied the University of Ken­ tucky in a close match, and dropped contests to Hei-del­ TER trying for four years, the Varsity finally man­ berg, Detroit, and Toledo. These contests that. were on aged to defeat the Senior-Alumni eleven by a the wrong side of the ledger may be avenged when count of 9 to 0 in their annual spring tilt at the Detroit and Toledo come here for return matches at the X stadium Sunday . The Varsity scored their Miami Valley Golf Club, the Flyers' home course. first points on a safety early in the second quarter, when Eddie Hamant, the lone veteran on the team, has lived Joe Colan, senior end, dropped back on his own goal up to his reputation by copping medal honors in every line and attempted to punt. The effort was futile, as the match except one which the team won. He is a capable oval rose straight in the air and bounded into the end Number One man, ano when Hugh Wall, Bob Carey and zone to give the Varsity two points. John Geis, Number Two, Three and Four men respec­ This was the only s·coring until the last quarter when tively, have had his experience, the Flyers will be tough the diminutive Tommy Hannegan dropped back and shot for any collegiate competition. a forward pass to Paul Peining that was good for twenty­ Of course, the big event of the season is the Ohio five yards and put the oval on the Alumni six-yard line. Intercollegiate Golf Tournament which the University of Then Coach Baujan rushed Co-captain "Scotty" Fearn Dayton is sponsoring at the Miami Valley Golf Club on back into the game, and the Detroit lad slashed off tackle and 21. Eddie Hamant, who is president of the for the lone touchdown of the game. The reliable Danny 0. I. G. A., and Vinton Kirk, manager of the Flyer aggre­ Gill added the extra point from placement. gation, have sent out entry blanks to the following col­ The alumni here for the tilt, headed by Pop Nunn leges: Heidelberg, Western Reserve, Toledo, Kenyon, f1·om Cl~veland, were: 'Scotty Armstrong, Cleveland; Ohio Northern, Ashland, Ohio Wesleyan, Akron, Oberlin, Ham Wilhelm, Dayton; Gill Gowan, Cleveland; Pat Mount Union, Cincinnati, Denison, Wittenberg, Ohio Uni­ Hennessey, Dayton; and Jack Brown, Dayton. These versity, and Xavier. Practically every one of these boys gave a good account of themselves in spite of their schools has signified its intention of having entries in the prolonged lay-off from the grid sport. tourney. Thus splendid competition is assured with Day­ The Senior-Alumni outfit lined up with Joe Colan and ton having the advantage of playing on its home course. Scotty Armstrong, ends; Dick Frankensteen, Lee Zierolf and Ed Crow, tackles; Mike Busciglio, Ham Wilhelm and NEW SPORT FAST DRAWING INTEREST Pop Nunn, guards; Carl Sackwitz and Jack Brown, Fencing, the latest sport to be added to the Flyer centers; Bill Jordan, quarterback; Eddie and Gill Gowan, roster, is fast drawing interest at the old school on the halfbacks; and Pat Hennessey, fullback. The Varsity hill. Coach R. Russell Miller has been bringing hi ~ starters were: Medley and Kawka, tackles; Bauer fnd charges along slowly, but they are showing improvement Pohl, guards; Cleary, center; Gill, quarterback; Bnsse with each match. and Fearn, halves; and Cramer, fullback. The Varsity swordsmen have a win over the University DIAMOND ATHLETES FAST ROUNDING of Cincinnati, and losses to Wittenberg College and Cin­ INTO SHAPE cinnati. Incidentally, the Springfield aggregation is champion of the Ohio Conference. We have a return With several contests already under their belt which match with the champs scheduled for at Witten­ the Flyers copped from local amateur nines, the Varsity berg, in which the Varsity hopes to bring its average up athletes are fast rounding into shape for the opening of to the .pOO mark in wins and losses. their collegiate schedule. An injury to Danny Fitzsimmons' arm in football ----U. D.---- scrimmage has necessitated the uncovering of a relief pitcher to aid Ralph Burdg and Dan Gill. The problem U of D Law Club Forum was solved with the showing of Joe Colan in the four The University of Dayton Law Club, composed of all innings he hurled in the practice game with the Fresh­ the graduates of the U of D College of Law and the Law men, which the Varsity won by 10 to 3. Colan's place in Faculty, again had a very successful meeting at the right field will be filled by Mase Benner or Tommy Dayton Biltmore Hotel on Wednesday at 8:00 Hannegan. P. M. C. J. Mattern, one of the foremost trial lawyers Another change was made necessary when Bob Lang in the state and one of Dayton's outstanding attorneys, left school. He was a veteran of two seasons and would spoke on "Juries." Following the well-received speech of be greatly missed if Art Wallace, who had been his Mr. Mattern's a forum was conducted by the members. understudy, had not produced when the opportunity pre­ The meeting was well attended. The Club has decided sented itself. When the burden becomes too heavy for to continue its meetings through the summer. Arrange­ Wallace, Scotty Fear n will be called in from the hot ments are under way to have Samuel S. Markham speak corner to take his place and either AI Tight or Danny on "Trial Work" at the June meeting. The Law Club also Gill will cover the third sack. plans a summer outing at the Miami ViJ.lley Boat Club. The Flyers will meet their first collegiate opposition Friday May 13, when they journey to Richmond, Indiana, ----U.D.---- to face Earlham College YOUR "ROCKNE" RETURNS! PLEASE! GOLF TEAM MAKES GOOD SHOWING - --- U . D. - --- The Flyers Golf Team, with three new men out of Make it ONE MORE. Have you responded to the • four, have made a very creditable showing thus far. 1932 Call of Loyalty? May, 1932 UNIVERSITY OF DAYTON ALUMNUS Page 9

Valuable Donations to U D Library Recently the collection of books in the library of the And it takes alumni who University was enhanced by the addition of several valu­ able works, a gift from Charles J. Brennan, of Dayton, believe in their old school! Ohio. Included in this donation is a comprehensive history of ... Men who appreciate, from their own North America, in twenty volumes. Another work of fifteen volumes is entitled: "N orroena; Anglo-Saxon experience, the spirit that animates the Classics", being the history and romance of Northern University of Dayton, and who want that Europe. There are also three volumes of Teutonic myth­ spirit preserved and fostered. ology, and three volumes entitled: "The Heimskringle; Being a History of the Norse Kings." Another volume Individually, the support of each alumnus gives the romance and epics of our northern ancestors. may seem to him so unimportant that it will The remaining volumes are entitled: "The Volsunga "never be missed." Saga"; "America Discovered by Norsemen"; "Arthurian Tales"; "Popular Norse Tales"; and The Eddas. Accom­ panying this work is a volume called "The Flatey Book, Collectively, that support will literally and Recently Discovered Vatican Manuscripts Concern­ shape the destiny of the University of ing America as Early as the Tenth Century." These are Dayton. documents, now published for the first time, which estab­ lish beyond controversy the claim that North America was discovered by Norsemen five hundred years before - ---U.D.---- the time of Columbus. There were but three hundred and fifty complete sets of this work made for the world. GOLD Walter V. Snyder, attorney in the American Savings (Continued from Page 6) Building, has also donated valuable law books to the prevents even normal consumption. The bottom of this Law Li·brary at the University of Dayton. Judge Robert phase of the cycle is usually reached when the momen­ C. Patterson, dean of the College of Law at the Univer­ tum of production, together with the results of the can­ sity, has also donated additional books to the Law Li­ cellation of orders due to falling prices, has fallen so far ·brary. The Ohio Jurisprudence series, secured with under consumption and continued for such a period that money raised by popular subscription from members of consumption has overtaken goods in stock and in process. the College of Law, was received recently at the Law The length and depth of the descending curve, how­ Library also. The University is deeply grateful for these ever, can be greatly increased if political difficulties in donations. the nations intervene and if governmental expenditure is The University is pleased at all times to accept for its not promptly stopped so that there may be relief from Library donations of books from alumni or friends. If taxation, which with falling prices becomes excessive you or your friends have any books that you would care even if it were not over burdensome during the period of high prices. to donate to the U of D Library, do not hesitate to for­ ward them. If in doubt as to the usage of certain books, These acts of men in their endeavor to make their living, and that represent the exercise of their combined kindly get in touch with Brother Frank Ruhlman, S. M., opinions in some important proportion as anticipating Librarian, Albert Emanuel Library, University of Day­ rising prices or falling prices, serves to move the price ton, Dayton, Ohio. index up and down regardless of any questions having - ---U.D.---- to do with gold. During all such periods, however, whether prices may be moving up or whether they may be moving down, having current values positively ex­ Law College Dinner-Dance pressed in the gold measure makes it possible for trade The legal pr ofession will never be any higher than to move at sufficient speed to enable life to go on dur­ citizens make it, Judge Robert R. _Nevin told members ing adjustments, even though it may be difficult. of the College of Law of the University of Dayton at Gold Standard Must Be Maintained their dinner on at the Engineers Club. Judge Nevin deplored the number of interrogatories HE gold measure, however, cannot be active in itself now permitted in patent litigation in federal courts. He T and it can neither prevent nor alleviate movements said that they ought to be abolished so the work could be of the price level except as men exercise their opinions speeded up. through purchases and sales in the market for produc­ Judge Roland W. Baggott introduced Judge Nevin. He tion and for consutnption. also called upon Francis Marshall, president of the Sen­ The control of the cycle movement within the bounds ior Class in the College of Law; Very Rev. Bernard P. of general living comfort can only be brought about O'Reilly, S. M., president of the University; and Lee through increased intelligence and understanding on the part of humanity. Under present conditions gold, its Mikesell, vice-president of the Dayton Bar Association. quantity, the method of its use and the desire which men Dancing followed the speaking program. Entertainers have for it are the most important check that exist to included Mrs. Maurice Reichard, soloist, and dancing protect mankind from the unfortunate effects that follow pupils in the school of Mary Meade Dailey. unwise judgments, individually and collectively, in pro­ duction and consumption, that are based primarily upon - ---U.D.---- the action of the laws of supply and demand. Gold today The Alumni Office recently received a very valuable is doing the work that mankind demands of it. It can­ not be abolished as a measure of the value of commod­ addition to its library in the form of "The Students' Dic­ ities without causing even more chaotic condtions than tionary of Synonyms and Antonyms," published by those which prevail at the moment. If the natural checks Messrs. Noble and Noble, 76 Fifth Ave., New York City. offered by currencies backed by gold are not sufficient This book contains that sticker word one can never recall to guide men along sound lines, they are certainly not without a headache. Here, in this small book, are all of ready to enter upon a period of managed currencies. the elusive words set forth in intensely practical arrange­ ----U.D.---- ment, with just enough definition to make them useful in exactness. BACK TO U of D CAMPUS ON JUNE 4 Page 10 UNIVERSITY OF DAYTON ALUMNUS May, 1932

Eighth Annual Band Concert r. The University of Dayton Band gave its annual public UNIVERSITY OF DAYTON concert Thursday in the National Cash Register ALUl\fNUS Schoolhouse as part of .the local observance of National MEMBER OF AMERICAN ALUMNI COUNCIL Music Week. The concert pr ogram included a medley Published Monthly, Except in July, Augus t and September, by of songs and marches popular in the day of George THE ALUMNI ASSOCIATION OF THE UNIVERSITY OF DAYTON Washington as a bi-centennial feature. They were ar­ Dayton, Ohio ranged for the occasion by Maurice Reichard, director Alumni Officers of music at the University. FRANCIS C. CANNY, '09 ...... Pres ident ELMER H . HEILE, '05 ...... Vice-President Director Reichard presented the University of Dayton T . D. HOLLENKAMP, '99 ...... Treasurer trumpet sextette. Included in this unusual group were MERLE P . SMIT H, '25 ...... Secretary and Editor of the Alummfs Robert Houdos, Kenneth Weber, John Lindsey, Paul Alumni Office, U of D, Dayton, Ohio. Board of Directors Little, Earl Monroe and Earl Mueller. Francis 0 . Canny, '09: Elmer H. Heile, '05: T. D. Hollen­ ---U. D . - - -- kamp, '99 : R obert E. Gray, '09: Clement G. Jauch, '08 : Matt N . Blumenthal, '97: James E . Grimes, '04: Elmer J. Focke, '09: Faculty, students and alumni of the University of Day­ Louis R. Mahrt, '26: Very R ev. B. P . O'Reilly, S.M.: John H . LowekamP, S.M.: Francis J . O'ReiJ'ly, S.M.: Merle P . Smith, '26. ton learned with sorrow of the death on Friday April 29 SUBSCRIPTION-Per year, including membership in the Alumni of Miss Josephine Renneker, sister of Rev. George J. Association. S5.00. Subscription alone, $2.00. Single Renneker, vice-president and .registrar of the University. copies, 25 cents. Communications intended for publication should be sent to the - ---u . D. - - - - Alumni Office, University of Dayton, Dayton, Ohio. They should be ·in hand before the 16th to insure attention for the issue of Featuring the termination of International Relations t he succeerl in s;r m onth . Checks, drafts · and money orders should be made p ayable to Club meetings at the University of Dayton for the cur­ uThe Alumni Association of the University of Dayton." rent school year was the lecture given by Miss Emma H. (Entered ns second-class m atte.r January 16, 1929, at the Post Of­ Gunther on Tuesday evening , in the auditorium fice at Dayton , Ohio, under Act of Congress of March 3, 1879. ) of the University Library. The meeting, held under the ~ . auspices of the I. R. C., was arranged by Father Chas. V. Preisinger, S. M., through the Carnegie Endowment for International Peace, in New York City. ----U. D.---- ~IEVIIILILIE The Class B Baseball Tournament for high schools in Ludlow at Montgomery County was staged at the University of Dayton on and 7. Ten schools entered the tourn­ lrA\VIEil2N Second St. ament: Madison, Wayne, Englewood, J efferson, Phillips­ burg, Dixie, Centerville, Farme·rsville, Brookville, and ,Fairmont. EAT ALL YOU WANT - ---U. D. ---- Guest Luncheon 55¢ NOTES Guest Dinner 65¢ (Continued from Page 7) Western Electric Company.--Charles G. Dehler is as­ Also our usual a Ia carte service and popular sociated with the White Motor Company of Cleveland. priced Platter Specials. --John Bohan resides at 605 E. 117th St., Cleveland, Ohio.--Clem J. Kerner is now located at 7706 Went­ worth Ave., Cleveland, Ohio. '30 John J. Ladner is still with the State Highway De- partment, 35 E. Wacker Drive, Chicago, lllinois. --Ann Marie Ryder resides at 301 Oakwood Ave., Dayton, Ohio.--Harold S. Spires is now located at R. R. 1, Box 567, Frederick Pike, Dayton, Ohio.-­ Henry G. Dybvig now resides at 1130 W. Harvard Blvd., Dayton, Ohio.--John B. Nunn is located at 2690 East Boulevard, Cleveland, Ohio.--Stuart Armstrong is as­ sociated with the Harshaw Chemictl Company, Cleve­ land, Ohio.--Benjamin M. Patterson, attorney, was recently elected first president of the Jewish Youth Vitamins Needed by Young and Old League which was recently organized at the Salem and Emerson Ave. Temple, Dayton, Ohio.--Joe Stermer Are contained in the right proportion m writes that he has been attending night law school in Cincinnati and is also a member of the General Electric Refrigerator sales force. Gem City Ice Cream '31 Greetings come from Charles J . Reiling of 5336 St. Clair Ave., Cleveland, Ohio. Charles is busily We have a large selection of individual and engaged on the Cleveland ShoppingNews.--Joe Caveney center designs for any occasion. Call our Hostess resides at 1028 E . !45th St., Cleveland, Ohio.--Andy J . Cunningham has entered the promotional boxing field Department for further suggestions for your with an all-star boxing show which is to be presented at party; or anr Gem City Dealer. the Christ the King Church in East Cleveland on Friday May 27, for the benefit of the Holy Name Society of that parish. Evidently Andy's experience and long association THE GEM CITY ICE CREAM COMPANY with the sports as a writer has induced him to enter the "SUPREME SINCE 1901" promotional field. ADams 8242 May, 1932 UNIVERSITY OF DAYTON ALUMNUS Page 11

Gardens HE 1452 Market HE 1632 JOE SPATZ BAKERY ADams 5225 ADAM BALLMAN'S SONS 1~ 3 9 W est Second Street Fruits and Vegetables Cen tral Market 67 - 69 F U lton 4832 Dayton, Ohio LIBERTY CABS, Inc. Hot Houses and Gardens Valley Pike, Dayton , Ohio High Grade Baked Goods Wholesale Retail Largest Fleet Lowest Rate

Dayton Sure Grip & Shore Co. Newbauer's Sanitary Dairy For a Real Sandwich C. A. Kinninger . P res. Try A. M. Kinning er, Treas. and Gen. Mg r . 1201 E . Herman Avenue Contractors Specialties Dayton, Ohio SACKSTEDER'S INN 1400 E . Monument Ave., Dayton, Ohio SOU TH BROADWAY AT THE BfUDGE FUlten 7701 FUlton 9071

Love's Restaurant and The Schmieding Printery Delicatessen Bernhard Bros. Blends F OR CUP QU ALITY Chas. L. Schmieding, P roprieter Short Orders and Regular Meals Roasters of High-Grade Coffees Regular Sunday Dinners from 11 a.m. Printer s. Binders and Leather Worker• to 8 p.m. Jobbers of Teas and Spices You cannot a fford to pass us u p \\' e Bake all our ow n Cakes and Pies 13! E. Third S t., Dayton, Ohio ADams 7681 441 N . Main St reet FUlton 0683 17 Pine Street, Dayton, Ohio " ASK YOU R GROCER" Slade's South End Pharmacy A. MELKE & SON P A INTING - DECORATING DRUGS - SODAS - CAMERA SUPPLIES " Learn to know the name" Air Brush Centractors Brown St. at F a irg round Ave. SCHMITZ & RAUSCH Interior and E~terior Dayton , Ohio ADa ms 0632 BAKERY 325 Oa k St., Dayton , Ohio ADams 6664

Buckeye QUALITY BAKED GOODS Dayton Awning & Tent Co. Barbers' Supply Co. 128-134 North St. Clair Street CL ARENCE WIGGIM, Proprietor 1211 Xenia Avenue, Dayton, Ohio Canvas Goods of Every Description Wholesale and Retail KEnmore 3411 FlTlton 6166 2 H E . Third Street Dayton, Ohio

Coml)liments of Weiler Welding Company Fred W. Weireter & Co. The Christian Publishing COMPLETE HOME FURNISHERS Association 318 E . Second Street, Dayton, Ohio Exceptiona lly F ine Line of Ax m inster Ruga THE PLACE OF GOOD PRINTING $20.00 AND UP FUlton 73 42 219 ~ - Ludlow ~t. Dayton, Ohio Axles Straightened Cold 422 E. Fifth St., Dayton HEmlock 2761

Complimen ts by ou r new, up-to-date equip m ent THE FAMOUS Ring Gears riveted by p ress: g uaranteed to The Fansher Bros. Co. stay r ig ht. MRS. COLLET'S PIES LA UNDRY AN D HOSPITA L SUPPLIES BAKERY OF E VEICY KIND Turn Auto Service 523 Brown Street, Dayton, Ohio

Ill Cuurt St.. Dayton, Ohio F Uitoa 326~ We a ctually ro ll you r car on its s ide - the HEmlock 3332 only s hop in Dayton w it h t his ~ p- to -d ate C. W. LANG TOOL CO. equipme nt.

CHARLES W. L ANG, '92 If you can't come to us-we'IJ com e to yo u Compliments of VINCENT F. LANG, '23 HEmlock 2741 W. H. ZANDER , '24 H. OFFICE & BRO. CO. Eatst Monument Ave., Dayton FUlton 7701 The DuBois Soap Company Commission SHOES FOH THE ENTIRE FAMILY Ma nufacturer s of Scouring and Mopping Powder Merchants You know . .. You can a lways s an~ at Automobile Soap - Liquid Soap - Detergent Soap Powder - Laundry Soap -Chip Soap KINNEY'S Hard Oil Soap - N eutralold Lit~n : n g Kleanzer Dayton, Ohio 11 4 E. F ~ u r t h Street Dayton, Ohio CINCINNATI, OHIO FUlton 5137

most BELDEN SHOES Now styles $8 Companion Line Baynham Shoe Co. FLORSHEIM to Florsheim The Florsheim Store Shoes for Men Fourth and Ludlow Dayton © 1932. .. LIGGETT & MYERS TOBACCO Co. The Alumni Association of the University of Dayton Back to the Good Old Days once again on the U of D Campus for that ..... '•

~" ' ... ·- • ....\ BA~LOr• 0 + 82nd, u ·of' n·Cominenc~ment and Aluinn1 Reunion For President HENRY L. BEIGEL, JR., '26 Dayton, Ohio, June 4, 5, and 6, 1932 Dayton, Ohio. JOSEPH J. CONNORS, '00 Three Big Days of Goodfellowship Dayt on, Ohio. .- WHAT DO YOU SAY? I will be on the U of D Cam- For Vice-President .. - . pus, at least for a while dur­ CARL J. SHERER, '06 India napolis, Indiana. ing the three days of Commencement {~:s} . For Treasurer THEODORE D. HOLLENKAMP, '99 Reserve a room for me in Alumni Han{YNes} . No charge Dayton, Ohio. will be made. O

For Alumni Board of For Board of Athletic I will play with the Alumni Baseball Team on Saturday, Directors Control ·. June 4, at 2:00P.M. {~e: } . . (3-year Term- Vote f or two) (3-year Term- Vote f or two) . JOHN E. LEDGER, '20 . . VINCENT F. BARLOW, ..... And I hope to win that "Rockne" . Dayton, Ohio. Dayton, Ohio. If you are interested in U of D - and .. FRANK E. McBRIDE, . JOHN J. LADNER, '30 . s r Dayton, Ohio. Chicago, Illinois. P• • If you have an income .... . GERALD F. McKINNEY, FRANK MAHONEY, '18 We say to you ... • Portsmouth, Ohio. Mansfield, Ohio. "Just a little will look MIGHTY BIG to us right now." . JOSEPH G. WAGNER, '23 ROBERT M. PAYNE, '22 Sidney, Ohio. Dayton, Ohio. HAVE YOU . . . or WILL YOU? -... - I • Assist us with JUST SOMETHING for your Mark and return ballot at once t o Alumni Secretar y at the Univer sity 1932 ALUMNI DUES of Dayton. (Please print name and address clearly.) .. June 4! Baseball Game! Rockne Award! Class Reunions! Name ...... Class ...... Goodfellowship! Room on the Campus! Old Times ~ ... Address ...... ' ...... : ...... : ...... Recalled! HOW ABOUT IT? ......