FRIDAY, OCTOBER 17, 1924
THE UNIVERSITY DAILY RANSAN
PAGE THREE
Plans Drawn Up to Retire Public Debt in 25 Years
Necessity of Keeping Up Interest in Government Securities Urged by Officials
(United States)
"It is obvious, therefore, that, if expenditures are to be reduced and likewise taxes," Dewey says, "the public debt must be gradually paid off, so that these carrying charges may eventually be eliminated." "It is with a view to this situation that the treasury has out put a picture looking at the ultimate retirement of the public debt in about 25 years.
Washington, Oct. 17—Upon the popularity of government security with the American investing public depends the fate of the Treasury Department program for paying the $82,000,000,000 United States public loans, according to Charles S. Dewey, assistant secretary of the treasury.
"Most Be Paid Grauually"
"Through the use of the sinking fund and other known revenues, this can be accomplished, provided we maintain the popularity of government securities. It is absolutely necessary that the bank sell its securities bearing a low interest and conduct its vast refunding operations under favorable circumstances without undue disturbance of market conditions."
"Keep Up Interest"
Dewey, asks that the investment bankers of the country keep alive that desire for government bonds which are firm on the public side in the World War.
"It is only necessary to point out that during the next four years," Dewey says, "more than $8,000,000, 600 in government obligations will mature and practically threaten this initiative to be re-reflected. What would be the effect on the government's refunding program if holders of Liberty bonds were induced to trade them for investments? If such bonds in a appreciable amount are dislodged and come upon the market, they would undoubtedly decrease the price of government bonds and consequently to increase the interest rate which the Treasury must offer in floating gold issues. These formerly holding government securities would be unable to exchange their maturing obligations for new issues offered by the Treasury and the Treasury would have to look elsewhere for customers for its bonds."
May Increase Taxes
Warning the bankers that should the small investor be won away from the Government bonds and induced to invest his money in industrial or railroad obligations' Dewey points out that it might be necessary to reorganize a Government agency by increasing the investment therone.
"This would necessitate the levying of taxes to meet the interest charges and would have the effect of taking money out of the investment market," Dewey says. "The more popular Government notes and bonds become, the lower will be the interest rate; the lower the interest rate, the lower will be the taxes, and the lower the taxes, the more money will be available for business and investment."
ANNOUNCEMENTS
The Sociology Club will meet for the purpose of reorganizing Monday, at 4:30, in room 203 west administration building. Majors of the department of sociology are urged to come.
--washer. They can move in the house.
Girls desires to take part in gallery practice firing must sign up at the military department on or before Friday, Oct. 24.
Prof. Frederick Fuld, head of the department of political science, will speak on "Nanovoting," the Abduction of Democracy" at the Bowersox theater at 2300 Sunday afternoon. All students and townpeople are in
Kansas board meeting Monda Oct. 20, at 3:30.
Prof. E. H. Hollands will speak to the young people's forum of the Unitarian church at 10 a.m. on Sunday at "Non-Christian Signed Writings."
Engine School Attracts Junior College Students
"The reputation of the School of Engineering of the University of Kansas is increasing yearly throughout the United States," said Dawn P. F. Walker of the School of Engineering. "Every year sees an increase in the number of students enrolled with advanced standing. This year there are 56 students enrolled with advanced standing."
"It is interesting to note that of these students with advanced standing, 24 are from the Kansas City Junior College. "The newly instituted school of engineering, there was only one who went to the University of Missouri." The students graduated from the junior college are enrolled here with advanced standing and accounts to two years of college work.
"K. U, may be justly proud of its school of engineering and the reputation it is gaining, in engineering circle," Don Walker said.
Brother of Siamese King Visits Northwestern
Evantan, 1b, Oct. 17. —Northwestern University was honored by the visit of a real prince. The royal guest was the king of Siam.
Accompanied by the Princess Prairie-ink and General MacChessney, a member of the board of trustees at the university, she was tour of the campus, and even inspected a fraternity house for curiosity. By fast action on the part of fraternity house was mistreated and the men showed the guest a good time.
WANT-ADS
LOST—Fountain pad in lady's locker room in gym. Call engraved on plate. Reward. Call 1255. O20
LOST - In the gallery, Robinson gym,
a gold Ewasharp pencil. Ponder
please leave at business office, central
Administration. O20
You have been wanting a tooled
nd laced hand bug. This is your
hance, sale Saturday, The Gift Shop
,A Marks & Son, 735 Mass.
Hand Bag and Leather Goods sale
Saturday.—The Gift Shop, A Marks
& Son, 735 Mass.
Hand and Underarm bags, Bills
folds. Leather Goods sale Saturday.
The Gift Shop, A. Marks & Non, 735
Mass.
Sale Saturday - Hand bags, laced and cooled and other leather goods—The GO Shop, A. Marks & Son, 755 Mass
I OST—Near 1011 Indiana, a Duofool,
JF, Jr fountain with "Carrall
F. Shukers" stamped on barrel. Finder
call 831. O21
FOR RENT - Cheap, good room down stairs, furnished for two students for light housekeeping. Modern, 120m Tenn. 1551. Red. O22
FOUND—fountain pen in woman's rest room in Fraser. Owner may foray foraving for ad. Call 1956.
FOR SALE-German police pups.
Call 1994 Blue after 2:50 p, m, or
348 from 9 to 5.
LOST—On campus, red Parker fountain pen with the name, Jay O.
WANTED—at unakin Club, 1344% Tem., table waiter and dishwasher. They can move in the house.
W. L. POST, A. M., M. D. General practice Special attention given to rectal diseases Office, 927 Mass.
Professional Cards
DRS, WELCH and WELCH, the Chiropractors Palmer graduates. X-ray Laboratory. Phone 115.
DR. C. R. ALBRIGHT, Chicigractor 1191 Mass., Opposite the Court House.
DR. BECHTEL, Medicine, Surgery, Osteopathy.
Residence phone 1343.
Mail: DR. BECHTEL, Medicine, Surgery, Osteopathy.
Residence phone 1343.
CERCL, M. PROFST, D. O., D.S. P. SORTE-
path and Foot Specialist. Called made
or day. Fence: POintez 955; Resid. 230. Bed.
Buffet: Office. Bldg. 81st and Mam-
 Lawrence Kennan.
Residence phone 1318.
Office #47 Maas., phone 342.
C. E. ORELIU, M. D., Specialist,
Eye, Ear, End and Threat. Glass fitting
guaranteed. Phone 415, over Dick's Drug
Store, Lawrence, Kansas.
THE DALE PRINT SHOP
Christmas Cards.
Programs.
LAWRENCE OPTICAL CO., 1027 Mass.
Eye glasses exclusively.
MOLLIE E. SCOTT, M. D., Phone 1425,
943 Mass. St., Lawrence, Kansas.
DR, W. C. MINER, Dentistry, 889% Masa, St.
phone 419. Most modern methods, new
equipment, young man. Ekodonta and
Pyrobras specialist.
ARDREY & ARDREY, Chiropractors, 815
Mass. St., thorough adjusting. Phone 642
for appointment.
Job Printing.
H. W. HUTCHINSON, Denist.
House Bldg., phone 393. 729 Mass. St.
Lawrence, Kansas.
1027 Mass. Pnone 228
Strawberry, Cherry, Pincapple flavored Lip Sticks-City Drug. Adc
FOUND-one spare tire and rim.
See Ray Wright, 1215 Orcad.
DR. PLORENCE BARROWS, Osteopathic Physician.
905% Mass. Phone 2337.
GOOD top coat for sale cheap at University shop, 14th & Teen. O18
Dunhill pipes—City Drug Store,
Best Malted Milk in town—City
Drug Store. . . . .
LOST~Gold Fy reharn penel. Name engraved, D. K恩耐, D. K恩耐 call 1137 Red. O25
DANCING LESSONS—in private home by experienced teacher, Call 1442 Blue.
Stick-a-Glass Hair Pomade - City Drug Store. — Adie
Morinello Toilet Creamo.—City Drug store. —Adobe.
ROOM and board, furnace heat, 4621 New Hampshire, 1146 Black.
Smart little Melba purse size com-
ments.—City Drug Store. —Adr.
FOR SALE—Valve trombons, Conn;
Phone 288
A. G. ALRICH
Over Gustafson's
Hallowe'en Programs
Nut Cups and Favors
Vogue Beauty Shop HARPER METHOD
911½ Mass, Mrs. N. Beal
Shampooing and Scalp Treatments
ATTENTION!
Two-tone, all-wool Sport Coats—regular price $7.50
Saturday, $4.95
See our 17-inch lace chrome Boots----$10.00 value---old - for rich
Special, $7.95
Three colors in *write leather*
belts—81.50 values for—
98c, Saturday
It will pay you to look our stock over.
YATES OUTING STORE
706 Mass, Phone 1923
Open Until 11 P. M.
STARTS NEXT
MONDAY
The Greatest Picture we've ever had—
H. flat, Cornet, Corn, splendid condition.
U. S. G. Plank, 1015 Maine St.
Phone. 1683 Blue. O18
FOR RENT—Farnished apartment at the Orend. Two blocks from University. Call 1418. tf
For young and
Magazines—City Drug Store, Adv.
and near.
FOR RENT—Room, unhonesty furnished, modern in every respect. 108 Ohio. O19
real entertain-
and poor—
Everyone finds something different in it to admire and applaud.
NEWLY decorated southwest, single room for boys, cheap close to campus and car line. Call 444 722. (t)
ment—
LeOra Gunning for
Presented by AL and RAY
Masquerade Costumes
1031 Pa. St. Phone 1430-W.
ROCKETT
Ione DeWatteville
School of Dancing
Eventually—why not now?
Tango Fox-Trot Waltz
Insurance Bldg. - - Phone 2762 The postoffice is opposite us
FOUND—Grey hat, left at Kanan office for identification and paying for ad. Iff
Our Felt Hats are closely associated with the best brains in town.
$2.95 to $3.95
721 Mass. Street
All-Wool Slip-over SWEATERS $4.95
S-S-S—
broadcasting the most wonderful values during our 35th Anniversary which ends 9 P.M., Oct.18 Better take advantage
1 Straight-line visibility
KAW VALLEY ICE CREAM IS PURE
You'll Like Our Sunday Special Two-Layer Brick, Vanilla - Grape-Pineapple
OTHER FLAVORS
Chocolate Honey Dew Brownbread
Caramel Nut
Strawberry
Walnut
The Kaw Valley Creamery
PHONE 820
Taking a Date to Manhattan?
Ne have a wonderful box of Candied Dates with
Pecans that any of them would like—
59c per Lb.
Round Corner Drug Co.
Eaton Crane & Pike's latest pound paper with envelopes to match, gives your letter that irresistible air of aristocracy.
They Say Men and Women are Judged by the Paper They Use
Rankins Drug Store
1101 MASS. ST.
Genuine Peacock Shoes Bear This Trade-Mark
VOTE as you please — but VOTE
A patent leather tie that is truly distinctive, flexible street soles, box heels. Dressy shoes for the "hill."
OTTO FISCHER
Leave your repairing with Charlie. He'll bring it down.
Nothing Like This At the Varsity Saturday Nite
Plenty of Room - -
Come Up and
"Spread Your Stuff"
1
Shofstal's Second Unit Refreshments F. A. U.