STEADY EMPLOYMENT MAY CURE WAR ILLS
President of Manufacturers' Association Advocates Extension of Credits
U. S. CAN'T REMAIN ALOOF
No Section of the World Now Socially or Economically Independent
By STEPHEN G. MASON, President National Association of Manufacturers (Written on the United Press.)
New York, May 11.—The purpose which actuated the National Association of Manufacturers in calling a conference of Ambassadors and Ministers on World Trade were exemplified by President Haiti's first address when he said:
THE UNIVERSITY DAILY KANSAN
"Our obligations in effecting European peanut tranquility because of war involvements are not less impelling than our part in the war itself, the restoration must be wrought before the human procession can go onward again,"
As an organization comprising 6,000 members, which produces approximately 80 per cent of materials in the United States, the National Association of Manufacturers has determined if possible to co-ordinate the resources of its members in an effort to maintain a stable and consistent conditions throughout the world.
Out of the conflicting desires and needs of the world today, two fundamental necessities are apparent. They are; employment for the people, and production by industry, which depend upon each other and both depend on the sources of supply which only the United States can provide. Production in the United States today is hamped because we have a surplus of raw and manufactured materials. Production in Europe is stagnant because she has no surplus, but she has a surplus, while she cannot buy because she has not the ready funds.
It is an amazing dilemma which we must solve and which we can solve only by extending the necessary credits that will enable factories that are now liable for lack of raw materials, thereby providing employment for the people and producing no only the necessities of life, for which they stand so much in need, but also a surplus which will enable them to meet their purposes and to increase their punishments of additional raw and manufactured materials.
It has become more and more evident during the last five years that no section of the world can be socially or economically independent, as the United States is the sufficient of all the great nations of the world, has discovered that she must not only have an outlet for her surplus in the markets of the world, but that she must be able to buy as freely from the rest of the world as possible. She obtained materials which she consumes or which go into manufacture of her own products. Economists estimate that in 1020, for instance, the total income of the country from all forms of economic output is $15,000,000,000 of this amount, or more than 21 per cent, was in foreign trade.
The financial interest of the country, whose duty it is to organize the complicated mechanism by which commerce is carried on, keenly realize the necessity of introducing new problems in international commercial finance. It is apparent that in order to meet them, the thorough cooperation of the producers of the country is necessary, because after all, financiers are merely trained specialists, operating with the supplied entity by the producer.
"Unless the manufacturer knows definitely and concisely the relation, which commercial stagnation through out the rest of the world bears to his own industry, he is not liable to be vitally interested in learning about it. I believe, however, that when American manufacturers realize the fundamentally important part which conditions in Europe pay in shaping conditions in this country, that they will endearow to stabilize them with the same energy and degree, experientia, experience and energy, which their conduct of domestic business
It is because the national association of Manufacturers believes that its members can best be informed through the representatives of other nations just what each organization organizes the Conference of Ambassadors and Ministers of World Trade. The diplomatic and consular representatives of 44 nations will be present in New York on May 16th, 19th and 23rd, when we explain to the executives responsible for the commercial supremacy of this country,
why these executives must cooperate with the other nations of the world in restoring production. It is impossible at this time to say what permanent results will be achieved by this Conference, but I believe that if it does nothing but keep its face and intimate picture yet painted in this country, of the vast importance of the rest of the world to the well-being of this country.
In every part of the United States one finds manufacturers, both individually and in groups, who are vitally anxious to aid in every way possible in the development of an empire of the world, not only because they are anxious for the welfare of other peoples, but also because they are disturbed regarding the welfare of their own people. We ask them to help us may men to get a clear and unbiased view of the necessities of the situation unless an organization such as ours undertakes to present to them briefly, diffinitely and concisely the facts necessary to will develop from the Conference of Ambassadors and Ministers on World Trade.
BY THE WAY $ ^{2} $
Mrs. John Davis of Kansas City Mo., spent Sunday with her daughter Jeanette Davis, c'21.
Thecla Tholen, c.23, has her mother, Mrs, J. W, Tholen, of Humbolt visiting her this week.
Ams, Catherine Fitzimons, of Kansas City, Mo., is spending a few days in Lawrence with her daughter, Catherine Fitzimons, c21.
Ellen Nolen, c24, spent Saturday and Sunday at her home in Paola Kans.
Mr. and Mrs, Hugh Carlin, of Salina, are here visiting Helen Carlin c21, and Hugh Carlin, c22.
Harry Rhodes, A.B., 708, who is working in the Federal Reserve Bank of K, C, was present at the Stadium celebration.
William Buchner Cunningham died Tuesday, May 3, at his home in Kansas City. Mr. Cunningham withdrew from school about three weeks ago because of illness. He was a graduate of Central High School in Nansas City and enrolled as a freshman in the Engineering school last fall.
Mallie Fallis, fa20, is visiting at the Mu Phi house for a few days before joining her chautauqua company at Davenport, Iowa.
Phi Kappa Psi entertained with a rushing party at F.A. U. hall last Friday evening. The hall was cleverly decorated with balloons and the fraternity colors, green and red, Shofailst's orchestra furnished the music. About twenty rushes were present and quite a few guests from out of town. Dainty refreshments were served after the dance.
ARGENTINE HIGH WON
TYPEWRITING CONTEST
Miss Bessie Friedman, World Champion for Speed Gave Two Demonstrations
More than 75 entries were in the typewriting contest held in Green Hall Friday afternoon by the High Schools of N.E. Kansas who are in the commercial division of the State High School Association. The contest was under the supervision of James N. Kimball of New York City, who conducts both national and international ttypewriting contests.
The Argentine High School made practically a clean sweep of every entry. The contestants were divided into three classes; in the first, professionals; the second, amateurs who have had one year of experience; and the third class, novices, who have studied typewriting since September 1.
In the first class, William迪Muberea a court reporter wrote 89 words a minute, cumulate 25 words a minute and Dannenberg jumps a close second with 85 words a minute.
Argentine High School took first place in the Amateur division with a speed of 77 words a minute; second place at 72 words a minute, and third place with 70 words a minute. Paola High School and Argentine tied for fourth place with 61-1-2 words a minute.
In the novice class, Argentine won first with a speed of 72 words a minute, second with 62 words a minute, third with 58 words a minute, fourth took third and Argentine took fourth.
Miss Bessie Friedman, world champion for speed and accuracy, was present at the contest and later gave demonstrations of her skill at both Haskell Institute and Lawrence Business College. At the business college, she wrote 150 words a minute with errors for one minute, while she later wrote 132 words a minute for 15 minutes with no errors.
Annual
Ochino announces the initiation of Clyde Tucker, c'24, of Pleasanton; Harold Kauffman, c'24, of Abilone; Earl Endacott, c'24, of Lawrence; Edward Phillipe, c'23, of Oakland; Calf.; Alexander Marble, c'22, of Troxy; James Sinden, c'24, of Cannon City, Colo.
Each contestant wrote entirely new matter for a period of fifteen minutes. For each mistake in writing, five words were deducted from the whole.
At the business meeting of the Women's Glee Club Tuesday night, the following officers were elected for next year: President, Irene Peabody, fa24; secretary and treasurer, Elizabeth Taylor, ca22; business manager, Elva McMullen, fa23; and librarian, Melta Anderson, ma24.
Next SATURDAY
"MAY FETE"
Edward Thompson, c24, spent Sunday in Independence, Mo.
OF COURSE YOU WILL BE THERE!
Phil Delta Theta held its annual Mother's Day Celebration, May 7. Luncheon was served at the houses and entertainment arranged for the afternoon. The program consisted of a dance with an automobile over the campus.
Mary Wishard, c$21, gave a house party at her home in Iola, Kans., last week-end. Those going from Lawrence were Eva Johnson, c$22, Dorothy Moody, c$22, Cocha Ball, c$22, St. John's Hospital, c$22. The party went to Iola on the train Friday and came back Sunday in a car.
Kappa Phi meets Wednesday evening at 7 o'clock, Myers Hall.
present as Dr. Allen, Cliff Carl, and Bob Rowland will be present.—John Old, Chief Ku Ku.
The Estes Park lunch会 will be held Wednesday noon May 18, in Myers Hall. It will be a peep meeting for the summer conference. Tickets will be sold at the Y. W. C. A. Office.
ANNOUNCEMENTS
The Pen and Scroll Club meets Thursday night at 7:30 in Room 110 raser. The pins have arrived. Do not fail to bring two dollars for payment.
Vocational Training men of the University will be entertained at a Snooker, which will be held at the住室, Lean Room, at 8 p.m. Monday, May 9.
El Ateneo will hold its regular meeting Thursday 4:30 o'clock, Room 3132 Fraser Hall. All members are to be there for election of officers.
The Band will meet at 9:30 o'clock A. M. Tuesday on McCook Field in ful uniform. The cornet section will meet at 7:45 o'clock House at 7 o'clock A. M. — S. Z. Herb.
The Ku Ku Klau will meet in room Marjorie Garlinghouse, fa2'49, with 200, Fraser Hall at 7.158 sharp this drew from her classes and returned evening. All Freshmen as well as to her home at Iola Monday because of initiated men will be expected to be illness.
rooming House Association will meet in Fraser Hall, 210 Wednesday afternoon at 3:30 o'clock.
We are, leather men and have been in the leather business for years. We handle leather luggage and believe we are in a position to give you leather goods which is second to none. All kinds of Bags, Suits Couture Bags, Portfolio Pockets and Trouks. See us and our prices.
ED KLEIN
732 Mass St.
Phone 144
We Also Repair Bags and Suit Cases
Particular Glenning and Pressing FOR PARTICULAR PEOPLE 12 W. Ninth Lawrence Pantatorium Phones: 50Q
The Annual
MAY FETE
Saturday, May 14, will be held in the grove north of Potter's Lake
CENE is laid in an old English town. The chimney sweeps, milkmaids and all divisions of the historical trade guilds will be represented. You will enjoy the Lord of the May, for even the cast finds him very amusing.
This is one of the oldest May Fete ideas, but has never been used before at Kansas University. The costumes are to be splendid.
Next Saturday.
Admission 35c