South Bend news-times. (South Bend, Ind.) 1913-1938, 1915-11-17
WIT AND HUMOR
RULE BANQUET.
Irving Bachelor Keeps Knife
and Fork Club in
Uproar.

wit and humor ran riot at the sec
lond monthly dinner Of the Knife and
Fork club given at the Oliver last
night. Irving Bachelor. novelist and
h1morist. held the 200 members and
guests present in uproars Of laughter
with his Interpretation OF Socrates
Potter, lawyer his own creation.
Vying with Mr.. Bachelor. but in a
less facetiOus vein, wac the address OF
Prof David Friday. head Of the de-
partment OF political economy of Mich
igan university. His subject was
Modern Business and Modern Educa-
ton" Modern education. said Prof.
Friday is preparing young men TO be-
come experts in increasing the pro-
duCtivity Of a business organization
Moral in story.
Mr.. Bachelors subject, Keeping
Up With Lizzie" in which he dealt
with the upheavals that completely
displaced the equilibrium OF the
Yankee New England community, was
not only Injected with spicy with
cisms and reflections of the creators
own imagination, but had a moral
back Of IL all that drove home. The
moral reduced from the Vernacular in
sum and substance disclosed that there
are three things which make for hap
piness: "a home, children and the work
which naturally is brought about by
the other two.
Prof. Friday declared that demOc-
racy consisted Of an opportunity be-
ing given TO all classes of people TO
live and TO work and 10 progress.
The individuals of a lower class. who
by merit Of superior ability should
not be destined to remain always at
the bottom but should have a chance
e. L. FI,
should be given an opportunity TO con
tribute their capacity TO increased
efficiency no matter what form 1t
should appear. The arts, sciences, lit
erature-all provide an opportunity
for the man Of greater power"
In speaking OF the work Of modern
education, Prof. Friday outlined the
course through which the I present
classes in business administration had
evolved. lie traced the development
of this phase of the university courses
now offered in the larger institutions
from its inception in the in astral
revolution of 1870.
To-day YOU hear much Of these
schools of business administration
Now what is it all about? What does
IL mean? The aim naturally OF the
university course which offers special
training in business management is
greater efficiency. 1t does not mean
necessarily nor at all for that matter
TO impose longer working hours on
the laboring man. nor reduce his
wages but il does seek TO bring about
a greater efficiency in the machinery
OF the factory.
Produce and Consume More.
Natural consequences arise with
the change in the business order Of
things. There is the increasing pro-
ductivity of capital and labor. Peo-
pie now produce five times as much
comparatively speaking as they did
before the Industrial revolution. They
are likewise consuming five times as
much. So they will continue to have
a greater productivity, and there Will
continue 10 be a greater consumption.
The natural problem then arises
as to how we are TO bring about in
creased productivity 1t is the purpose
Of these university courses to train
the individual that he, may step in
and cope with the problems.
There is not alone the completely
OF business. There are, too, phases
which come up in the courts of law.
I'm equity in taxation problems in
questions of valuation. Experts train