The Senate Banking Committee has called John K. Galbraith, professor of Economics, to testify March 8 at hearings on the current stock market boom.
Galbraith is the only professor on the lit of 20 witnesses issued yesterday by Committee chairman Sen. J. William Fulbright (D-Ark.). Almost all others named are professionally connected with the stock market.
Author of "The Crash," a study of the 1920 market collapse, Galbraith said that his testimony would probably concern the similarities between market conditions in 1929 and 1955.
"This will be a friendly investigation," Fulbright insisted, "and should be distinguished from most recent Congressional probes.
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