PAGE TWO THURSDAY, DECEMBER 11, 1924 THE UNIVERSITY DAILY KANSAN UNIVERSITY DAILY KANSAN Official Student Paper of the University n Editor-Inst. Chief Awarded Author Gary Foster News Editor Carly Foster R. W. Woodson Sarah Foster Jacqueline Niles Julian Kitterell Tyrus Benoit Edith Kitterell Teresa Kitterell David Kitterell Lynne Benoit Derek Kitterell Emily Benoit Lola Palm Mary Loe Bennettrolf Nina Dromen Jay Burrell Klaus Kierdner Michael Hearst John McKeev John McKeev Corinne Ashby Stephen Weir Mountain Climber Mountain Climber Business Manager John Flavil McCool Address all communications to THE UNIVERSITY DAILY KANSAS University of Kansas Ellenhead department K. U. 27 Bentana department K. U. 40 HURSDAY, DECEMBER 11, 1924 Phones "CAPITAL PUNISHMENT" The "split team" method of debate which is to be used in the Missouri-Kansas debate tonight should make an appeal to the audience beyond that of an ordinary debate. The scoring system will be similar to that used in the Oxford debate whereby the audience records any changes of conviction among its members after hearing the question debated. With one man from Missouri and one from Kansas on each team there will be no opportunity for participation in arriving at a decision, and the listener will be left to form his own conclusions as to the merits of the question, "Resolved, that capital punishment is a good public policy." The department of public speaking is doing everything in its power to make the debates interesting as well as valuable to the audience. Students will find that debating is not the dry-as-dust contest which they have thought it to be. Korets' beard was a failure—headline. Well, he'll probably shave it. That's what happened to some of the Oreden mountains that turned out that way. SPIGOT OR BUNGHOLE? The man who knocked the hung out of his vinegar barrel and then wondered why he didn't get any results at the spitup that was not unlike the one who would have tax-exempt securities and high surtaces at the same time. If capital can get greater returns with less risk by investment in tax free securities, one's investments will be made; and the government will be deprived of revenue, a class of persons protected by the government but not paying for protection will be set up, and the people of moderate income will be left to bear the burden The remedy is the outlawing of tax-exemption hands. The chief argument used against this step is that it is an unwarranted interference in states' rights. On the other hand, tax-exemption creates a class who do not support the government, invites states and divisions of states to engage in riotous expenditures to be paid for by a future generation, and leaves the mass of salaries and professional men to support the government. The subject of tax-exempt securities is so bound up with that of high surtaxes that it is useless to attempt their disentanglement. As long as we have bonds the income from which is tax-free, we shall be unable to collect high surportes on incomes. The abolition of tax-exempt securities would take at least five years, because it must be done by amending the constitution; but, further than that, there is now outstanding about twelve billion dollars in such securities which will not mature in most cases in less than thirty years. They will not be touched by the proposed amendment; and, as long as they are present in the financial market, high surtaxes on incomes will be increasingly impossible of collection. Therefore the surtax rates must be lowered to a point where capital will find investment in productive enterprise profitable. The fixing of tax rates is a good deal like the fixing of price: for a commodity, if the price is too high no sales will be made, and there will be no profit. If the price is to low many sales will be made but still there will be no profit. The problem is one of finding the happy medium. That the 50 per cent tax rates were too high was shown by the constantly decreasing taxable returns over $300,600. The reduction from 50 per cent to 37.5 per cent made by the last congress may have established the required happy medium. The secretary of the treasury and his actuaries, the men who analyze the departmental figures and who should know the facts if anyone can know them, say that a surtax rate of 25 per cent would be nearer the required figure. Opportunities of the lower rate say that the rich are able to pay the higher tax; but the problem confronting the treasury is a fact, not a theory. The rich are not paying; but the government must have revenue, and until tax-exempt securities are outlawed high rate will not secure this revenue. The Federal expense is cut $59, 225,931 for the 1926 budget. At this rate, within a few more years, the expense will be down to normal. THAT LAST MINUTE RUSH Two weeks, until Christmas vacation—then two weeks after the vacation until the finals. Four weeks of school to go. How much work have you to do in that time? Themes to write? Reports to get in? Notesbooks to complete? Problems to work out? Readings to do? Besides the current days' assignments. In many cases an analysis will show that some of these tissues can be written now. Outside readings have been assigned and can be completed any time. Problems can be completed and note be skipped brought entirely up to date. Even some reviewing can be done, and the odds and ends gathered together. But how much easier it is to say "Oh, I'll do most of that during the holidays." Then come the holidays and you decide that after all, you'll better go home. You take alike books, but find that you need some library references, or that you left an important notebook; or you have too many visits to make or too much company. You return from the vacation with nothing done. The last two weeks finds you with more work than you can possibly do. Instructors are raining to complete the tests, they think of problems which you should work and you are given extra large assignments, there are some important meetings. Days slip by, then a week is gone, two weeks are gone, and finals are upon you. Professors are designed with excuses and plan for more time. Midnight oil is burned, yea even to the morning, yet much work is undone. It's the same old story. It has happened twice a year ever since the University began. But the fact still remains that it is not necessary that it shall ever be thus. Diligently stalk the next two weeks will do wonders for you. You may even be able to enjoy a complete vacation with no studies to worry you; then return and "dig in" for the last two weeks of the semester. You will be surprised, but agreeably so, to find examinations at hand with nothing to worry about, except a little reviewing. A fairy story, you say. Well, maybe so, but we might try it, anyway. Since the governor's wife is always called the first indy of the state, we wonder if "Ma" Perguon's husband should be called the first man of the state. EXPANDING OUR CURRICULUM It is fattier that the misinformed editorial writer for the McGill University Delly offers the University of Kansas, in crediting us with being the most advanced of universities, dancing ahead, as it were, in developing new ways to win credit for a degree. How much more seriously, or frivolously, do they take us than we take ourselves! We pride ourselves on our initiative in furthering the social life of the campus and bettering our recreation by a school of dancing established as an extra-curricular activity, but we never dreamed of awarding B. T. (Bachelor of Terpsichore) degrees, along with the science and arts degrees. To McGill, the only one of many who commented on the University-sponsored but uncredited class in dancing recently established, to suggest the idea of ranking that OFFICIAL UNIVERSITY BULLETIN Copy received at the Chancellor's Office until 11:00 a.m. | Val. VI. | Thursday, December 11, 1823 | No. 78 | | :--- | :--- | :--- | | OCHESTRA REHEARSAL | | | OCHESTRA REHEARSAL: Ochestra rehearsal will be held Thursday evening at 7:15 in Fraser Bapel. This is a very important rehearsal and all members of the orchestra are welcome. grateful art with the Inspiration and economics, we over the inspiration for possible progress. Someone ought to petition the faculty about it. IMAGINATION Little imagination remains to the average college student of today from the good old fairly-ready days when all of life was colored by air-canons, and thought was not confined to every-day sortiness. Imagination has frequently been directed in the wrong way. Leo Koretz had it, but he used it to de-fraud his friends and family. Lloyd paled and Loch had it, too, but they used it for no good. College students, however, have an opportunity to make imagination count for something, imagination, which changes history from a process of note-taking and term paper-writing to a conception of a world of romance and adventure, which transforms a Monday morning 8:30 from a post-november engagement of rest and boredom, to the beginning of a week of unknown and unforeseen events. Imagination is hard to define, but its presence may change life itself from drudgery to adventure. An inverted hour is essential to use. With jaws' rocks blue 'gimlet evening'' falling right. Many of the women on the campus who are observing Health Week, expect to wake up Sunday morning, a shadow of their former selves. It too bad our navy has been so long deciding to it. I took its trip to Australia. If it had been just a little more forbidred, it could have acted as return escort of honor to little Chester and Uncle Bim. Ah concert hours so beautiful to me. SUNSET Pauline Smith. c'27 And bands of golden glory 'cross the sea, Soft, fluffy, tinted clouds, my heart's delight Ol'c, ahley. When I think on those in dream, And lance to be with their brain, and sleep, And ask, 'When may I see these more-lived inks dawn, and strolls the west with purple band. And lye greens green waves that break and dice? The rock of wave against the rock below. The distant row of corn upon the sand. The mass of color as Apollo show. I hear a voice from Picture's fast-closed door. That whisper, "Who may know if nevermore?" KARL M. ANDRIST, Director JAYHAWKS FLOWN D. L. Hawley, a former student, now with the Kansas State, had one of his newspaper articles re- printed in the "Best News Stories of 1923." The article was a spree dispatch on the Oklahoma war at the time of the impending of Gov "Jack" Walton. Mrs. Sibyl B. Warden, A.B. 701, died at her home in Oklahoma City, Okla., Oct. 31. J, L. Markholder, ex'12, for the last two and one-half years assistant administrator in charge of the construction work for the Barbados Sugar Company, where he was public, has returned to America having completed a $20,000 diversion dam and $750,000 of drainage work. Mr. Markholder was with the United States reclamation service 12 years after becoming chief drainage engineer. George L. Chandler, B. S., 21 of Touka, was married Sunday to Besie Khuh, ex-22 of Lawrence. M. A. Chandler was a member of the Alpha Omineen Pi security. Mr. Chandler, who is a member of the item of Chandler himself, and assistant, of Tupaia, belongs to the Pi Kapita Alpha fraternity. in the Engravd Line should be ordered now. We also have Diaries, Portfolios, Leather Goods, Memory Books. Stationery 736 Mass. St. CHRISTMAS CARDS A. G. ALRICH SERVICE TO YOU MEANS BUSINESS TO US Whether it's a leaky closet tank or an entire plumbing system, call upon us. You will find the materials we use and the work we do are the best. Our reputation brings us customers. Our service keeps them. We give advice and estimates free. Pettit the Plumber PHONE 1981 All seven-passenger Sedan Cars. Ride in a Guffin Taxical—a load for the price of one. No charge for extra passengers. LOOK! The Old Reliable Taxi Service Phone 987 $50.00 Suits For College Students Protch the Tailor Over 833 Mass. 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