Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-07-11
SPOTLIGHT STUNNED
BY ROGERS, WARREN,
NEW FISCAL ADVISERS
Continued From First Page)


was selected for this work because Of
his knowledge of the condition OF the
bond market and its ability to absorb
various types of issues, 1t was said.
Expert on Managing Currency.
Students CT economics here regard
Prof. Warren as being one of the fore
most opponents of the management OF
currency through shifts in the gold con-
tent of the dollar. His advice on this
subject. it was reported, has been inf1u-
entail in some Of the past monetary
and currency moves of the administra-
ton.
The short term debt of the Treasury
at present is approximately 33 per cent
of the total s22 900, 600, 900 public debt.
Short term issues are proposed OF the
following: Treasury bills 1919, 00O, 900;
Treasury certificates, S2,l08, 900 900:
Treasury five-year notes. S4548, 600, 900.
The Treasury is also confronted with
maturity of S6268, 100000 Of fourth lib
erty bonds within five years, but which
were callable this october on six months
notice They may be called by the
Treasury up to October for payment in
April. the date of interest payment.
It was said that the problem Of the
new advisers is not only to work out
plan for conversation of the short term
debt. but also to consider means OF
exchanging or retiring the fourth
liberty maturities.
Shy at Publicity Spotlight.
The President, perhaps. could not
have selected two men from the field
of letters who are better qualified for
the work, nor could he have picked two
college professors quite as shy OF the
spotlight of publicity, it was pointed
out in official circles.
Profs Rogers and Warren simply
fight, with all the ingenuity at their
command, the noble attempts Of news
of news photographers to make their
pictures likewise have met the same
fate
Without any compensation. these two
college professors will give their serv-
ices to the Government in emulation
of the s1-a-year men Woodrow Wilson
gathered around him In the distressing
days of the World War. The only diff
ference Is that Profs. Rogers and War
rem will not get the ST.
Profs. Rogers and Warren. however.
do not expect to be on the job year.
or even six months. BY the time the
new scholastic season rolls around In
the Fall both of them probably will be
back before their economics classes at
Yale and Cornell.
Both Have Many Degrees.
Both men are economists of note
with a staggering array Of degrees One
is Nebraskan and the other comes
from below the MasonDixon line.
Prof rogers is a gracious and
scholarly nan of At. He is a native
of Society Hill. S. c.. and has devoted
his life to the complicated subject OF
economics.
Starting his teaching career at the
University of Missouri in 1916. he
moved to Cornell in 1920 as assistant
professor of economics. and in 1880
he went to Yale with the title of pro-
lessor of political economy. For two
years, in 1917 and 1918, he served as
statistician of the Council of National
Defense.
Prof Rogers holds a number OF de-
grees, such as the A. B., B. S., M. A. and
Phi. D., which he received from such
institutions as Yale and the Univer-
sity of South Carolina. He also studied
at the University of Geneva in Switzer-
land, and is we'll known as lecturer on
economics.
Aside from economics, Prof. Warren
Is recognized as an authority on farm
management and agriculture, and has
taught both subjects at Cornell since
1920. He also is the author of several
books on economics and agriculture.
Prof. Warren is native of Harvard,
Nebr., and is SO years old. Cornell
awarded him the D. S. A. degree in
1908, the NJ S. A. in 1904 and the Phi.
D. in 1905.