THE UNIVERSITY DAILY KANSAN
SOUTH AMERICA HAS ENORMOUS RESOURCES
Commercial Country Offers Op portunity for University Graduates—Patterson
"The countries in South America have enormous natural resources," said Prof. D. L. Patterson when asked about the opportunities in that country for the university graduate. "At present in many of the South American republics the demands are very high and the initial stage. Consequently that country offers great commercial and business opportunities.
"Naturally the South Americans prefer to develop these resources themselves. The newspapers in Argentine, Uruguay, Brazil and Chile have published frequent articles which urge that these countries industrialize them; if they do so, the foreigners will industrialize us and reap the profits. So far this appeal has produced few results.
"There is no hostility toward foreign enterprise nor toward other nations. In fact friendship toward the United States is evident in most of the republics. The policy of the United States government toward Latin-America during the last six or seven years, and the patient attitude of the Wilson administration toward Mexico has made South America the third largest economic force on our part in Mexico would cost the United States this friendship and the splendid business opportunities which go with it.
"University graduates would find many opportunities in South America. A knowledge of Spanish would be essential for success. No one should go there in an attempt to locate permanently unless he has a position assured him or a small amount of capital with which to start in some business enterprise. With such experience, equipped with a knowledge of Spanish, or for Brazil Portuguese, the newcomer by means of much hard work would make success almost a certainty.
"One of the greatest handicaps which our country has in its trade with South America, is the wretched shipping service. The steamship lines especially to Rio de Janeiro and Beunos Aires are entirely inadequate. Mail requires eleven weeks to come from the latter city to the United States and consequently practically all business correspondence has to be done by cable, which is very costly. The development of our trade with Latin-America is the extension of credit to our customers in those countries."
"The two Americas need each other. When these obstacles to successful commercial intercourse are removed, the development of the southern continent will proceed rapidly. Our people should have their share in this great enterprise," concluded Professor Patterson.
Professor Patterson took a four months trip through South America last summer so that he is somewhat familiarly acquainted with the conditions there. He started down the hill from Bolivia to Bolivia, Bolivia, and then up the cast coast to Uruguay and Brazil.
LOAN FUND IN DEMAND
Present Amount is Too Small to Meet Needs of Students
With the receipt of Uncle Jimmy Green's gift of $5,000, the student loan fund of the University of Kansas has reached nearly 1,937 students has reached $14,000.
From the proceeds of the senior play the class of 1894 started this student loan fund with $342. Since then each class has added to this fund to the amount of $4,000. This wits $5,000 placed at the disposal of the committee by James R. Mead and Uncle Jimmy Green's donation of $8,000 has raised it to it's present total.
*This fund is handled by a committee of Chancellor Frank Strong, Registrar G. O. Foster, Prof. W. M. Sterling, Prof. George Hood and Mrs. D. R. Bryant. It is loaned to any student who can show that it is for absolute school necessities at the time of毕业, the fund is not loaned as a commercial proposition and will not be loaned to students for investment purposes.
During the twenty-five years that this fund has been in use there has been only $25 actual loss and this was because of death. "The demand for this fund has exceeded the amount of the fund," said Mr. Foster, "and we have made it clear that for this purpose in the next few years, in order to loan this fund not only to university students but also to high school students."
Peace Treaty is Near Ratification in Senate
Washington, Feb. 13. —The peace treaty is nearer ratification today than at any time since it was laid before the senate, is the belief of administration officials. Democratic senate leaders will announce late today their position on a compromise on Article Ten of the covenant, Senator Hitchock said. It was said that Democrats are ready to take action under President Wilson is understood to have been consulted. This proposal is understood to be based on one of Ex-President Taft's reservations.
The policy on punishment of Germans is understood to have been formed already. This country would not participate in the trial of the former Kaiser and others whose surrender is demanded, even if such should occur.
Payne and Johnson Nominated Washington, Feb. 13—Nomination of J. Boynton Payne to be secretary of the Justice Department; wood Johnson to be ambassador to Italy were sent to the senate today by the President.
Fifteen Million Dollar Hote May Have One Hundred Thousand Owners
NEW YORK WILL HAVE CO-OPERATIVE HOTEL
New York, Feb. 7 (United Press.)
—Will the plan of co-operative owner ship of a gigantic metropolitan hotel succeed?
The answer to this question is being watched by thousands of persons in all parts of the United States and in foreign countries—for it is predicted between 75,000 and 100,000 persons will own stock in the venture at Hotel Commonwealth, New York City, expected to cost $15,000,000.
Twenty thousand shares have already been disposed of, promoters announce, and when the plan has been "put across" the stockholders, none of whom will be allowed to own more than ten shares, will own the site, building and all the equipment. The building of the 34-story hotel was assured recently when it was announced title had been obtained to a
Samuel G. Clarke 1033 Mass. St.
There is just one thing we want to say.
if you want a reservation this Sunday at
The Oread Cafe
"Bricks"
You'll have to act fast— for they are about half "sold out" right now.
Spring Oxfords $15
Men, those new dark brown Cordovan Spring Oxfords are here. We have them in Brogue and plain patterns. Let us show them to you.
NEWMAN'S 805 Mass.
complete block in the heart of the upnight theatre and shopping district. The lot, now occupied by restaurants, theatres and stores, cost $3,750,000. It is located at Broadway between 55th and 56th streets and Seventh avenue. It will comprise 2,500 rooms. Promisus thus promotes the co-operative feature as adapted for the first time to a metropolitan hotel: "The fixed charges on the loan obtained to secure the site, building and equipment for the theater hotel has cost $1,250,000 a year; the fixed charges on the Commonwealth, when all the shares are sold, will be taxes only; as it will own its own site, building and equipment." "Operated on sound business principles the hotel should at least yield a normal dividend for its stockholders. Its revenue should equal, room for room that of any of the larger New York hotels, which annually declare enormous receipts the Common Fund must pay out a million dollars or more a year to pay interest on borrowed money. This money will go to the stockholders in the form of rebates on the amount they have spent for board and lodging in the hotel during the year.
"The shareholder will be given preference in reservation of rooms in the Commonwealth Club, without initiation fees or dues. He will be entitled to use the hotel's gymnasium, squash courts, swimming pools and baths, the indoor golf course and the billiard and reading rooms."
LOST—Alpha Chi pin with a solitary钻石 at the base. Return to Geneva Cook. Lost in 1300 or 1400 block on knen. 90-20-22
Carl Simon, c20 went to his home in Turon Wednesday night because of the dangerous illness of his brother.
Paper Paper! Paper!
TOO LATE TO CLASSIFY
LOST—A strand of pearls. Finder call Nadine Weibel, or phone 1598. 90-2-203.
Our theme and note papers have pre-war quality.
Try Them
SPECIAL
F. I. Carter 1025 Mass.
We take particular pride in showing a beautiful assortment of Spring Caps In solid colors, irridescents and neat patterns
$1.50 to $4.50
Cash Prices Save Money
See North Window
Since 1889 KOF STADS SELLING SYSTEM Since 1889
"From Lad to Dad"
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Lay your Kansan aside after having read the news, did you get all the valuable information out of it? Not until you have read the advertisements!
When You
Read the Advertisements
They should be just as much a part of your day's reading, as well as reading the news columns. The advertisements in the Daily Kansan are a record of what Lawrence merchants have laid in store to meet your needs and add to you comfort.
They Tell You About
What the manufacturers of these goods, who are constantly striving to please the great American public, have done to add to your advantage and comforts. The news, while interesting, may concern you only in a general way. The advertisements are almost certain to tell you something that may mean a great deal to—
Your needs as a student and your personal or social welfare
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Look Out!
First thing you
Know Our Sale
Of Suits and
Obercoats will
Be over
And there
Will be a lot of
Fellows who
Missed it—
There are a lot
Of new, 1920
Suits included—
Fischer's Shoes Are Good Shoes
Fashion's Latest Dictate
Made of Quaker Gray or Taupe Swede, with pretty Covered Louis heels - slim tapering toe - light soles. -- --
The graceful lines—the trim fit—the lightness and general charm of this favorite spring one hole tie will light up the eye of every style loving woman.
.
$15
OTTO FISCHER'S 813 Mass.
See them in our window --
Ten years ago You would have Sent "her" a Valentine With the inscription
"I Luv You"
Tomorrow
The proper valentine
Will be a box of
DELICIOUS CANDY
From ___
Wiedemann's 835 Mass. St.