--- OCTOBER 18,1946 UNIVERSITY DAILY KANSAN, LAWRENCE, KANSAS PAGE FIVE Corrupt Practices Act Has 'Loopholes,' Congressman Says Washington. (UP) — The corrupt practices act has too many loopholes and should be rewritten, Rep. Percy Priest, said today. Priest, chairman of the House campaign expenditures committee, said the present law does not provide effective control over the political activities of corporations and labor groups because it offers too many opportunities for evasion. He said he had just about decided to rewrite the act and introduce his new version when Congress convenes in January. Priest's statement was made after the committee heard testimony from the C.I.O. Political Action committee, the National Citizens P.A.C., National Association of Manufacturers, the A.F.L. and American Action Inc. U.S. Will Be Wary In Granting War Aid Washington (UP)—The United States has served notice that it is not so eager to extend financial aid to war-devastated countries that it will accept abuse in return. The state department announced the breaking off of negotiations on some $90,000,000 in credits to Czechoslovakia. State department sources made it plain that the action was taken mainly because the Czechs had echoed Russian claims that the United States is using its economic weight for "dollar imperialism." Last summer, loans to Poland were held up until that country met U.S. requirements for free elections and an explanation of its economic agreements with Russia. The U. S. decision to cancel also was influenced by three other developments. One was a recent Czech charge that this country was discriminating against Czechoslovakia in surplus property sales. Another was a recent deal under which the Czechs agreed—without notifying this country in advance—to turn over U.S. surplus property to $^4$Romania. The third was an improvement in Czechoslovakia's economic position. Don't miss K.U. HULLABALOO Sat., Oct. 19 9:30-11:00 a.m., Hoch Auditorium COMING TO LAWRENCE And Featuring Direct From HOTEL SHERMAN'S COLLEGE INN Kay Kyser's Former Singing Star SULLY MASON COMMUNITY BUILDING OCTOBER 26 8 p.m. till Midnight Advance Sales $1.50 BELL'S-ROCK CHALK-CARL'S Per Person ISA Halloween Party featuring KASS KASSINGER and his orchestra INFORMAL Saturday, October 25,1946 Military Science Bldq. I. S.A. Tickets or 50c per Person -I.S.A. TICKET ADMITS ONE-Tickets On Sale Now at K.U. Business Office 9 P.M. to Midnight