Close to 1,000 businessmen from around the world will congregate across the river Saturday to hold a monster convention on business problems in Europe, Asia, and Latin America.

It is expected that at the conference Dean David of the Business School will formally give a go ahead on the construction of a new modern classroom building to be called Aldrich Hall and a dining hall-recreation building to be called Kresge Hall.

Seven panels will meet during the course of the day to hash over international trade problems.

At a banquet the same evening, Cornelio Balmaceda, MBA '22, Secretary of Commerce and Industry for the Republic of the Philippines and president of the Economic Commission for Asia and the Far East, will speak on "Communism--Its Part in Planning Ahead for Business."

During the banquet Dean David will also report to the alumni. The report is expected to include details about the disposal of a portion of the $10,000,000 the Business School raised last year.

Prior to the Saturday conference, the classes of 1921, 1926, 1931, 1936, and 1941 and all members of the Advanced Management Program will hold reunions.