PAGE FOUR SUNDAY, SEPTEMBER 14, 1924 THE UNIVERSITY DAILY KANSAN Englishman Says U. S. Should Use Its Gold Reserve Increased Amount of Gold Perturbs·Finnciers of This Country Now By LORD SYDENHAM OF COMBR. G.C.M.G.C.S.J. (Copyright by United Press.) (By arrangement with Reynold's Newmanes. London.) London, Sept. 12.—To the average man it seems strange that the repayment of a loan should 'be the cause of anything but satisfaction' Certainly in small, private transactions any other result is inconceivable, but in the larger sphere of litigation these differences are different rules obtain. Evidence is now accumulating that those who control the finances of the United States have reason to be perturbed by the oversight facing them in consequence of the schemes of large flowering, in their country from the repayment of money borrowed during the war. Gold Reserve Increasing It is estimated that in a comparatively short time the gold reserve of the United States has risen from 46 per cent to over double that figure. While America is thus accounting the currency of a number of European countries are devalued because they have no locking on Here, then, we have one country reported to be apprehensive about its growing hoard of gold and other countries suffering for the lice of 36. Cold Standard Has Drawbacks In these circumstances it is not natural that people should inquire whether the gold standard is a source and a debulition—whether the unprecedented disturbances of finance, due to the war is about to reveal to us some new economic law which will change the financial systems of the world. The drawbacks of the gold standard, which I cannot here discuss have led some economists to propose other bases of currency. For example Mr. Henry Ford a short time ago published a series of articles, claiming that it was possible to dispense with gold and to create a currency based on the dollar. Now it is conceived that it is small self contained country, independent of foreign trade might thus subsist. Within its own boundaries such a country might be able to transmit its business with ease, deriving values from the credit market without any backlog of c12. Raises a Question But the general instability of democratic governments is such that it is difficult to believe that a paper currency, resting on their credit alone would be accepted in other countries. The natural resources of a state, the skill and diligence of its people and the soundness of its industries may justify a large amount of government support. The certainty of a continuity of our Government, such credit may be in valid. At the outset of the Great War, the exchange for a time was heavily avoided American. I have been told of Americans abroad who paid $73 for a British paper pound note. In these circumstances American fenced a large withdrawal o gold which might have created a dangerous panic. The German army kept门窗 closed and dramatic steps were taken to save the situation. Since then the exchange have taken the reverse direction, with the result that a large part of the gold is still accumulating in America. The effect of this concentration of gold in one country is naturally instrumental to the interests of other countries and is felt especially in Europe. Whether this gold is held in few or many hands, we, in England, do not know. But it remains a great treasure even if it is at present of no value to the American people as a whole. Nevertheless, the high corsidion of America rests on other factors as well: the historic bykill of his golden gold. In the event of a war, America would find her boarded gold of more or less advantage, depending on the duration of the conflict and its cost. X W C A to Hold Vespers Y, W. C. A. to Hold Vesper The first Y, W. C. A., vespers will be at Myers hall on Tuesday at 4:39 p.m. all women of the University are invited. The vespers service will be in charge of Mackenzie, chairman of the noun- mouship committee. Talks will be made by the president, Margery Day, and by Miss Butcher. There will be special music. Tommy Dixon Gets Socked on the Bean Did you ever hear of Hindeo Tarq? Perhaps you think it is some kind of religion or maybe a Rapah high-ball Stick was the case with Tommy Dixon, revered Jackhawk looking coach. But he wasn't an authority on the subject now. It happened in the freshman mixer in Robinson gymnasium last night. Ted Shultz, Y. M. C. A. secretary, introduced the game of Hindo tag to the several hundred freshmen. The proceeding is simple in the extreme. Several freshmen were asked to toss the ball, and waved to hit any freshman who did not double up on the floor on his hands and knees. Tommy, who had been watching proceedings, detached himself from the wall where he had been canonflaged against a dumb-bell rack and started to walk across the floor between the kneeling freshmen. He didn't get far, Sock! A knotted towel, riveted only by the fame of Ozira right, caught him on the head causing him to see more stairs than are seen in the Yorke's observatory in a week. "A tapped chisel hasn't anything on a knotted towel," says Tommy, "I don't like the way of the Hindo." Bureau of American Ethnology Discovers Nation's Boundaries Pottery Taken from Mounds Indicates High Degree of Civilization in Tribes (By Science Service) Washington, Spt. 14—The Bureau of American Ethnology has set for itself the task of digging up the far gulf boundaries of a vanished nation—one of the most mysteries in history. This is the Creek Confederation which, in the opinion of Dr. J. Walter Fewken, director, on-emerged archaeological research from Missouri, Alabama, Arkansas and Mississippi, early Texas. Dr. Fewkes plans to follow the trail of the ill fated Spanish explorer, De Soto, discoverer of the Mississippi. Records left by followers of De Sato, who finally escaped from the deadly tangles of the southern swamps, tell of a large number of palated sea taints inhabited by a tribe with a high degree of culture. Dr. Fewkes believes, that most of the trail led through the territory of the confederation. They were mound builders and sun worshipers. Some of their pottery which has been taken from the mounds indicates an artistic and cultural development higher than any other in the history of the white men. Little is known of the political system which bound the great confederation of allied tribes. Equally mysterious is their origin and their final fate. There is every indication, according to Dr. Frewek, that the confederation had stages at its rise under the observation of De Soto and hismen. The cavings left by the various tribes indicate a possible relationship with the Asteca and some scholars of pre-columbian history have jumped to the conclusion that they were a closely related people. This is questionable, Dr. Fewell says. Even if it should prove to be the case, he claims, it is doubtful whether they had attained the same degree of culinary skills as other people who had the advantage of contact with the Mayas. There is evidence, however, that they were a superior people to the Six Nations. They were aggressive and rattle, as De Soto found to his sorrow. Davis Talks for League Democratic Nominee Takes Up Wilson's Crusade (United Press) Denver, Colo., Sept. 12, —Defense day, bringing memories of the great war to thousands of American homes, found John W. Davis, democratic standard bearer, taking up the plow in where Woodrow Wilson left off. In the same hall—the municipal militiaurium—where Wilson spoke last week, he said that his speech on western problems to lift the torch of the fallen leader of David showed the method of the greatest of all teachers—and related a parable to drive home his message to the people—an indictment of the Republican party and the Fordney-Macumber tariff law. With a throb in his voice that was due to his campaigning the Democratic candidate made an appeal for cooperation with Europe that set all Denver talking today as nothing else in his speech had. Scientists Do Research in South Sea Islgluds The School Service Nobilis 14—Research work in the South Seas has been given a new impetus in the placing of the four-masted schooner "Kaimun" at the disposal of the Bishop M. McKillip, MSc., McGill, McW. M. R. Kellum. --shirts a specialty. Work satisfactorily done. Cheaper then laundry. Will do mending also. Phone 2220 White. 1805 Kentucky. A number of the leading scientists of the islands expect to spend considerable time during the coming two or three years in exploring voyages to the outlying and little-island islands, to the bounty, biology and geography of the region, but giving special attention to the many scattered tribes of men on the smaller archipelagos. The sailor is equipped with a life-vest, a backpack, well as with comfortable living quarters for long cruises. A wireless The schooner is equipped with complete scientific laboratories, as well as with comfortable living quarters. A wireless outfit is carried. Adds New Gift to Museum The historical collection of newspapers in the journalism museum were enriched Saturday by the gift of a copy of the Arkansas Journal. Feb. 16, 2008, was published in Lone Rock. The paper was presented by F. C. Weed of Lawrence. It is a four-page, four-column sheet bearing little resemblance to a modern paper, but the news relates to wars and rumors of wars in true modern fashion. Adds New Gift to Museum FOR SALE — Underwood, Standard typewriter No. 5. Excellent condi- tion, has been only slightly used. Has the person with each Telephone 1666. WANT-ADS FOR RENT—At, one, furnished apartment one block from University, 709 W. 12th. Call 1789 Black U-19. FOR RENT - Front room with five windows, large carpet, for two girls, also room mate at 1220 Ohio. S-19. FOR RENT-Large front room, good location, 2 closets, windows on three sides. $30. Phone 208. S-16. STEWARDESS WANTED Rice Club, 1321 Penn. Phone 1155. s17 WANTED—Piano player and saxophone or violin player to play for board. Vt. Club, 1319 Vt. S14 ROOMS for boys. Wall furnished. $8.00 per mo. Tel. 1625, 1346 New Hampshire. S17 FOR RENT — Large, well-lighted rooms for boys. Good closets and inlayvity in each room. No smoking allowed. Phone 1468, 1014 Miss. 815 The big cigar stock.—City Drug. FOR RENT—Boys' rooms you will like, 1134 Miss. $19 Donaldson's Chocolates—City Drug. ROOMS for rent. Convenient to the University. Either single or double, Breakfast served if preferred. Call 1724 Kentucky. S17 FOR RENT—Room for girl, $10 and $11 for each girl, 308 W. 10 st. Phone 1337. S10 Pipes, 50c to $10.—City Drug. VANTED—Student laundry, men's FOR RENT - Suite for two or three young men, sturdy modern house. Rent reasonable. 1319 Tennessee. S-19. Phone 1475. Up - town student headquarters.- City Drug. FOR RENT—To right party, very desirable single room, 1416 Town. Thinnest Compact.—City Drug. Up-town Student Headquarters. City Drug. FOR RENT—garage at 1318 La. cement floor, electric light, phone 276. S17 FOR RENT - Two double rooms, one single room, one room mate, at 1341 Ohio St. One short block from campus. S16 Pipe Repairing.-City Drug. BOARD and room, $6.00 per week. Board only 4.50. A trial will convince of the real saving. Apply 1321 Mass, or 1345 Kg. St. S17 WANTED - Roommate for freshman girl. Also double room for girls. Only four blocks from campus. 1700 Term. St. 851 FOR RENT — Furnished apartment at the Oread. Two blocks from University. Call 1418. tf Parker Duofold Pens—City Drug. WANTED—Washing and ironing and day work. Call 1356. S17 Durhill Pipe Agency—CITY Drug, FORE RENT—Two desirable rooms, nicely decorated; single or double. Quiet place to study. Call 1442 Blue BUNDLE WASHING — Bring your own. Cut prices for washings delivered. Call 2332 Blue, 1325 N. Y, S17 ROOMS for women, two large south-east rooms with or without sleeping porch, entirely modern, location Don't Be a Wall Flower Learn to Dance Every student who desires to make a good appearance should know the latest dance steps from Broadway. Flea-Hop Fox Trot One-Step 1101 Mass. Rankin's Drug Taught by private appointment and class instruction. MARION RICE Dance Studio Over Bell's Music Store Tel.938 $ 927 \frac{1}{2} $ Mass. Theater, Scribner's, Snappy Stories, American, Saturday Evening Post, and many others. REMEMBER Magazines 1111 Massachusetts THE DENNISON CREPE PAPER SHOP In the future the best way to recall pleasant afternoons to have pictures. WHEN YOU PLAN YOUR PLEDGE PARTIES Take Fresh Eastman Films Along On Your Hikes ideal, midway between University and business section of town, at 1236 Kentucky street. S10 The New Corona Four with Standard Keyboard It's a wonder! CORONA Four is the iteration of the typewriter world — a portable office keyboard that can be attached to big machine throughput. Sturdy, substantial, but light enough, only 80 with cue cards. Only 60 with cue cards. F. I. CARTER If you haven't already it won't be long until you are looking for a good shoe shop. REMEMBER Evans Shoe Shop Student Owned 10 West 9th KNOX HATS Copyright 1924 The House of Kuppenheimer THE LAIRD A new development in a Kuppenheimer TOPCOAT Here is a topcoat that keeps you warm in cool, dry weather, and keeps you dry in damp weather. The Laird is a stylish, dressy, useful coat. A garment of distinction and originality. The fabric is woven in Scotland of long fibre Australian wool, exclusively for the House of Kuppenheimer. It is carried out in the new, loose-fitting English box coat. We're showing it in a variety of pleasing seasonable colors. $65^{00} OTHERS $25.00 to $50.00 Houk and Green CLOTHING COMPANY —the 'House of Kuppenheimer Good Clothes Y