THE UNIVERSITY DAILY KANSAN
VOLUME XVII
FINANCES OF WORLD ARE IN CRITICAL WAY
More Work, Less Inflation of Currency Imperative Boynton Tells Merchants
Governor to Speak Friday
Kansas Business Men Express
Appreciation of Material
Told in Short Course
"Restoration of approximate equilibrium of imports and exports and return of the currencies of Europe to a gold basis, are two fundamental factors in restoring normal exchange between Europe and America," according to Prof. A.J. B. Jownton, head of the European Economic Council's talk this afternoon before the men attending the Merchant's short Course in Fraser Chapel.
"Present day business situation in the United States is greatly complicated by the results of the war," said Professor Boynton. "The foreign trade situation is one of the great challenges the universities of the situation today are the unbalanced trade with Europe and the collapse of foreign exchange rates. The conditions are made more serious by his large volume of paper currency abroad and the holding back of gold donations by foreign money markets.
Within the United States," continued Professor Boyton, "is seen a dangerous and very abnormal situation. It is a situation with extraordinary credits and the extraordinarily high prices a result of war finance. Row ... continue our trade with Europe and at the same time furnish work for us." The question has a serious question of the moment.
FINANCIAL COLLAPSE POSSIBLE
UNIVERSITY OF KANSAS, THURSDAY AFTERNOON, FEBRUARY 5. 1900
"The situation is probably the most serious that ever faced the commercial world," said Professor Boynton. "Business men and bankers are entering a new era of financial institutions. Many are predicting an approaching period of great depression... and some even a panic unless the situation can be immediately relieved." Financial collapse of Europe has given us many of most daunting effect on America.
NUMBER 84.
Ast Professor Boynton sees it, the best remedies pursued toward wardrobes on this financial catastrophe are the immediate decrease in consumption of luxuries and the reduction in the production of the essential commodities of life, the construction of rigid government budgets, making expenditures less revenues, and no further inflation of currency by governments or banks, in other words restriction on credit in every possible way.
Albert Garver, of Strasburg, Ohio, will talk in Fraser Friday morning at 9:30 o'clock instead of at 10:30 as stated in the program. H. G. Ingham in charge of the program says this is to be one of the best talks of the course. Mr. Garver's subject is "How We do a Million Dollar Business in a Town of One Thousand." He presents his address by Governor H. J. Allen.
Thursday morning at 9:30 W. E., he talked on "How to Get the Customers Account." G. James of the Customers account on "The Measure of a Merchant."
P. O. Laham of Laham am,
Franklin Retail Advertising service
that offers custom-designed
"Window Trimming Demonstration",
Laham is well known in Law-
ness because of his former connection
with Owens. He plains their views.
MECHANISMS APPRECIATE COURSE
Merchants who are attending the Short Course this week, seen unannually to appreciate the opportunity which it offers them to gain new ideas on conducting their business.
"Got my money's worth the very first day," said A. E. Reed, of Nesbitt, "This is my third year here, and I have gotten more out of these men than any of these previous pence. These men are no congenial and will help to help."
W. A. White, of Iola, says, "I cannot help feeling the loss to our city that every business was not represented here. Had the cost of coming been ten times as great it would have been cheap."
Eugene Ayres, the only colored merchant attending the course, said this morning, "It is fine, I am certainly getting a lot out of it." Mr. Ayres has three brothers who run a large merchandise store in Meridian, Okla.
(Continued on page 4)
Philosophist Muses Over K. U's Growth
"Three thousand, five hundred and one students enrolled in the University," read the Young Philosopher, who he gazed at the newspaper headline into mansions and as muses of the other three thousand five hundred.
"Let's see," he continued to muse, "That accounts for a whole lot, when you consider how many people that would be supposed to misses to the movie at twenty cents each would amount to seven hundred dollars, which explains why Mr. Bowersock of Lawrence now owns a paper mill and about half of Lawrences flour mill and about half of Lawrences."
"About two hundred of the three thousand five hundred are members of the department of journalism, which accounts for the paths worn across the campus in places where sidewalks are equally family, but not too crowded."
"Half of the people are late to class at least half of the time. If seventeen hundred fifty students are one minute late each morning, there is a clear loss of nearly 309 hours from classes and eleven days for every school day.
"There are about two men to every woman in school, and only about half of the women date at all, so every Friday night 1744 men are without dates. The 588 dates are the men that put the varsity dance committee of the men's student council through school."
The philosopher considered himself lucky to be the "one" rather than one of the three thousand five hundred, and caused his amusing musings stretched, walked across the campus to buy a cake, make a date for the picture show, and merged into the three thousand five hundred.
ATTORNEY GENERAL SPEAKSTO MERCHANTS
R. J. Hopkins Explains Defeat of Anti-Profiteringmu
"The anti-profiteering bill was defeated in the special session of the state legislature by the same power group that filed a capital fuel yard bill and the municipal ice plants bill a few years ago" said R. J. Hopkins, attorney general of Kansas Wednesday night, speaking at the March of the Merchant's Short Course.
M. Hopkins explained the anti-poisonericing bill clause by clause, showing its object and the features that define the interests which defended the bill.
Mr. T. S. Beam, who was scheduled to speak Wednesday afternoon, was unable to arrive in time. He followed Mr. Hopkins, speaking on "What of the." The speech was a resume of trade contracts he expected the rest of this year.
The K. U. glee club, which was scheduled to give a concert, was unable to appear at the meeting, and was replaced by Dean Harold L. Butler, of the School of Fine Arts, who sang four selections.
"Supressed Desires," a short farce presented by members of the Dramatic Club, was also well received.
Studes Avoid Hospital Even When Really II
Hospitals and prisons, doctors and wordless, seem to go together in the minds of K. U. students, according E. E. Smith, University health officer.
There are no real cases of "flu" at the hospital, according to Dr. Smith, and there has not been a really serious illness this year. However, the flu has been associated with stains with mild diseases, and particularly with bad colds.
"Many students do not even know that the hospital has beds to take care of sick students," said Doctor Smith. "Most of them seem to think they must not come near the dispensary at Thirteenth and Louisiana unless they are very ill. They do not realize that a hospital can do its best work there, and they often take care of soon as they begin to feel out of sorts."
The hospital has fourteen beds, which amply take care of the needs of the University, as most of the hospital's care for only two or three days.
Washington, Feb. B- "The house to-day passed the deficiency bill for 1920 carrying $88,000,000.00."
Pass Deficiency Bill
WANT GERMAN AGENT
PUNISHED FOR ACTION
French Government Sends Note Demanding Von Lersner be Reprimanded
Germany Never Left Doubt
Cabinet Will Maintain Former Attitude Toward Surrender of Accused Teutons
Paris, Feb. 5—A second note will be dispatched to Berlin shortly, demanding that the German government punish Kurt Vernor Lersner for his refusal to transmit the allied list of German war guilt with its accompanying note, it was believed here today.
A French diplomatic messenger, it was learned, left on the same train with Von Lorser for Berlin late night night carrying copies of the list and the accompanying note. He will deliver them to DeMareilly, French diplomatic representative who will take the note to the German foreign office
Von Lerchen notified the French for reign office yesterday of his refusal to transmit the list and the note, adding that he had resigned his position as head of the German delegation in Paris.
Berlin, Feb. 5- At the time Germany signed the treaty of Versailles she "left no doubt that compliance with certain sections was impossible" according to semi-official statements during a long meeting of the cabinet.
The cabinet decided unanimously, it wa said, to maintain vigorously its nary 25 in which Germany declared attitude expressed in the note of Jan the surrender of th accused Teutons as demanded by the Allies for trial for their war crimes would result in political and economic disburasures.
The principles laid down by Germany in this note will guide her in nature negotiations with the Allies it was said.
Name Committee to Guard Student Health
University authorities are preparing for any emergency that might arise in the way of any contagious illness, among the students of the University.
Chancellor Frank Strong has appointed the following committees to be known as the University Health Committee:
Building, Sanitation, Fumigation $\rightarrow$ Haskins.
Equipment — Furniture. Cooking Utensils, Wash Basins, Cots, BLANKets, Sheets, Pillows, Mattresses, Chairs, Tables, Dishes, Bedpans, Screens, Soap and Towels, Flash lights. — Stoland.
Medicines, Serum and Supplies—Thermometers, Ice packs, Charts, Sputum receipts, Disinfectants, Mabush Insects, Bac tests, Mosquitoes, Xenolon.
Records—Naismith
John DeWild of the Northwest Commercial Bulletin, Minneapolis, Minnesota addressed the class in advanced news writing in the department of journalism on the opportunities open to enter the trade industry to enter the field of trade journalism.
John De Wild Talks To Journalism Class
Doctors and Internes -Sudler.
Nurses -McDonald.
Aids -Abbott.
Oberlies -Col. Burdick.
Laboratories -Sherwood.
Transportation -Baumgartner.
Publicity, Correspondence -Davin
Specification in a particular field was urged by Mr. De Wail. Avoiding generalities and giving detailed information is essential for the writer of trade articles.
In addition to the trade paper field, Mr. De Wild mentioned the service bureau now being maintained by some of the larger newspapers and wholesale houses as offering possible students with newspaper training.
Kansas Open Community House
Topeka, Feb. 5—Henry Allen announced today that Henry Carlisle of Atchison had been given authority to open a community house in Chicago for the benefit and entertainment of soldiers in rehabilitation hospitals.
Mr. De Wild is here this week as a speaker on the program of the Merchants' Short Course.
Santa Fe System Head Dies After Long Record
E. P. Ripley, chairman of the
board of directors of the Santa Fe
Fa Railroad System, died at Santa Barra
Complications following an operation.
Fifty-three years ago Mr. Ripley entered the railroad business. In January 1920 he resigned as president of the railroad company. Sa Fe railway, after serving as its chief executive since 1856 when he took charge of the road it had 6,435 miles of track and a deficit of $4,500,000. When the government took charge in 1917 Fa Fe railway added 11,456 miles to track and net earnings of $50,000,000.
"Foster a spirit of team work; put confidence in your men, recognize merit."
The following principles of Mr. Ripley are contributed as the secret of his success as an executive:
NEBRASKA WILL ASK RETURN TO VALLEY
Dr. Strong Assures Nebraska Chancellor that K. U. Will not Oppose Re-admittance
Nobraska University will probably ask for readmission into the Missouri Valley athletic conference at the meeting of the faculty members next May said Chancellor Strong this morning when questioned of the visit of Chancellor Avery and Regent Brown to Mount Oread recently.
Doctor Strong advised them that the university athletic authorities should not enter the school and would not oppose their re-entrance into the conference after their withdrawal last fall on account of not being allowed to stage contests.
The Nebraska educators also were conducting a general survey into the pay of faculty members, the high cost of living in regard to university tuition and fees, and the administration. They came to Lawrence from Manhattan, where they conferred with the heads of the Agricultural college, and were said to be on their way to Missouri. Missouri is in the same take in Missouri school.
MUST NOT BUY UNTIL POUND'S VALUE RISES
British Cotton Buyers Automatically Forced to Stop Imports From America
London, Feb. 5.-The stoppage of the cotton imports is one of the first and most compelling aspects of the exchange situation between Great Britain and the United States the Star declared today.
While no official ban has been placed on cotton imports from America, newspapers point out that British manufacturers can improve their situation only by refusing to buy until they can see prices move nearly normal in New York.
British cotton buyers are being forced automatically by the exchange slump to stop their imports from America, the Manchester Guardian, in the heart of the British cotton manufacturing area, asserted.
As a result of yesterday's sensational slump in the value of the pound sterling in New York, the movement to refrain from buying American made goods today reached such proportions that it caused a grave concern among representatives of American business houses here.
Agree on Indian Appropriation
Washington, Feb. 5. -- The senate
today agreed on the conference re-
preparation appropriation bill carrying
$12,750,000.
LaCROSSE TO BECOME NEW SPORT AT K. U
Director of Athletics As
Names of All Interested
In Canadian Game
Haskell, Also, to Have Team
Doctor Naismith Has Equipment for "Air Hockey" Used Here First in 1904
La crosse fans please note!
K. U. people who know nothing of the great Canadian outdoor sport will please sit up and look on to the beginning of the game on the Hill. Director of Athletics Forrest C. Allen this morning issued a call for all men having any playing experience in the Canuck sport to leave their names with data regarding their connection with sport, at his office in the gymnasium.
Dr. Allen, after consultation with Dr. James Naimish, director of physical education, and A. M. Verne, director of athletics at Haskell institute, made the call with the idea of instituting the game as a permanent sport for the Indian Indians have nearly always had a lice crossse twelve, but were commelled t
do all their playing in practice games among themselves, and the nearest possible competitor was in the Northern part of the United States and south Canada. Match games will be played with the Haskellites, and twelve of any merit he will probably do
ether it in some of the interossoelastic contests of the northern part of the country.
Equipment for the sport is already on hand, Dr. Naisimh having started the sport here in the period 1904-1908, and playing several games with
the Haskell Braves. Twelve players make up each team, and the play is conducted on an outdoor field about the size of a football gridiron. Small balls are tested through the air by projecting them from a object being to put the ball through goals at each end of the field—a sort of "air hockey."
K. U. people who are interested in the new sport may leave their names with Dr. Alen and details of the program. The program is provided by Dr. Naismith in the gymnasium.
Changes in Foreign Exchang Rates Will Cause Slump, Officials Predict
SEE DROP IN PRICES
Washington, Feb. 5—Drop in prices of necessities is only a few weeks away government officials agreed here today, if the present record low level of the foreign exchange rates continue.
England, France and Italy will be forced to quickly curtail their purchases in the American market it was predicted. This means a reduction in the volume of American exports and of goods into American markets.
Food stuffs and dairy products are now being shipped aboard at the rate of nearly four million dollars worth a day by American packers, growers and exporters, government reports show.
Student Grades Will Be Out in Two Weeks
Student grades will not be announced for at least two weeks, according to the registrar's office. Its grades are not all in from the instructors and it will not be possible to get them ready for some time. Announcement of when they will be given out will be made in the Kanan.
THE MIST—FOG-GOTTEN
H. H. Everything is in business at Manhattan.
An all-emerging mist is over the hill,
Enveloping the buildings and the trees.
A sheet of gray is seen on every side—
There is no sun to satisfy, to please.
Around no one is an obscure, somber void.
There is no ornated outline—only mass.
The morning caints a dull insidious light
Along the damped sidewalks as I pass.
The striking beauty of the hidden rock
Is hidden from my view by clouds of mist;
There now is simply volume, undefined,
Where formerly the sunlight leaped and kissed.
P. W. W.
Students Forget Fear Of A.J.'s Work Tactics
"Wossis, Bill? Convocation moved to *Ad building* asked students at 9:30 o'clock this morning on the floor of the University's new addition.
It was not convocation, but only the 109 members of Prof. A. J. Boynton's class in Economic and Financial Sciences, who explained was offered by the instructors for the large enrollment, but surmises were offered that the class would soon dwindle to the room, which will accommodate about 50 students. The classroom Wednesday filled the corners, hung out the "S. R. O." sign, and
Plain Tales From The Hill
Professor Dill says he has his troubles. Judge Ruppenthal is in one of his classes and his wife in another.
Professor Shinn said to his class in Extremite II "I'd rather you would'n't come up here just to make a speech in order to make a speech."
A sorority woman was reading the Soul Owl and said, "I wonder if there is anything in it about us." A fragrant waterfall of "No, there not any scandal sheet."
A freshman rushee was enrolling for her first time Monday. When her adviser asked her what she wanted to take this semester she said, "Well, this course do you think would be helpful to help me make a security?"
An upperclassman who is enrolled in Shelley and Keats was telling a friend of her new course and said, "Showing Sheets and Kolley this semester."
Sam O. Rice, journalism professor,
says there is nothing in her heredity.
"My infant child is descended from ar. ovil and night watchman."
After Mr. Shinn had experimented with various ways in arranging E Lawson May's name he said at the event that he and his wife Lawson May — is that a "boy" ?
In calling roll in International Law Monday Mr. Moore called "Mr Eater." After responding, Arlie Estes said to a friend sitting next to him, "That man must have a warm spot in his heart for me. He is the first prof who hasn't called me Miss Eater."
Mr. MacMurray said to one of his chasses, "if you don't do good work this semester I might not flunk you, but I'd have my opinion of you."
Since Mr. Mussey bought the New York Herald he is going to consolidate it with the New York Sun. One of the Newsaper I students said the new consolidated paper was to be "The Sun of the Herald."
A professor was calling roll in one of his classes. He called "Eldrina Rose Rising" but she was absent and there no one to come. He repeated the name, several times, and when she was still no answer said, "Well, T guess she did."
No School the Twelfth;
Twenty-Second is Sunday
"Whatever the catalogue says is correct," said Miss Minele Moodie, secretary to the charmeller this month. "It's the way Lincoln's and Washington's birthdays. The catalogue announces that, both of these are legal holidays, but the calendar also states that the twenty second will fall on Sunday at six a.m. the day will be given in honor of Washington's birthday.
National Y. W. Secretary Will Speak Here Tuesday
"Miss Burner," said Miss Lois Hosset this morning, "has a radiant personality and I feel confident that she is one of the women of the University. We are arranging a special meeting for all women for Tuesday afternoon at Burner." Her subject will be a live interview in Following Jesus Christ Today."
Miss Odeola Burmer, the Nation
Student Secretary of Religious Wor
of the Young Women's Christian A
the Lawrence Lawn in Lawrence Tuesday,
February 10.
Armenia's Independence Recognized Paris, Feb. 5.—The American peace delegation was notified this morning that the United Nations recognized the independence of Armenia.
BISHOP WISE TALKS ON UNIVERSITY LIFE
Two Hundred Men Attend Noon-
Day Luncheon Given by
Y. M. C. A.
Religion is Basic Principle
Leaders Must Come From Institutions of Higher Learning; Says Speaker
"The kind of a nation we have in the future depends on university students," said Bishop Joseph Wise, of the Episcopal Church of Topeka to 200 men at the Noon-day Luncheon today.
"If universities do not promote leaders they are failures," he continued. "Our future actions and results depend upon the foundation laid in youth, and the materials for our fountains are here and now."
"We need temporal things to build character just as much as the carpenter needs scaffolding to build a house, but we must take care not to make the scaffolding an end instead of a means. The United States is not going to be built and maintained on land that has been has been no civilization which did not depend upon the religious faith and convictions of the people.
Music was provided by Vernon Longstreth, c'20, piano, and Reuben Josephson, c'22 violin.
"The materials of life are about the same but the product depends upon individuality and the use made of opportunities."
Keneth Saunders a graduate of Cambridge, England, and an authority on Buddhism will speak at the luncheon next Thursday.
SHERWOOD EDDY TO TALK IN GYM FEB.15
Will Tell of Political and Religious Situations In Asia and Europe
Mr. Eddy, who perhaps as no other man, has a student knowledge of China, Japan and India, and who has
Announcement has just been made int Mr. Sherwool Eddy of the Y. he will speak at Robinson gymnasium on Friday, February 15, at 4 o'clock.
spent six eighteen years in the lat-
a subject pertaining to the political
country, has just completed a trip
around the world. He will speak on
and religious situations in countries
of Asia and Europe.
In this country, he is one of the best known speakers along Christian endeavor lines. He has written a series of articles for the Chicago Daily News which has attracted wide attention.
"K. U. is exceedingly fortune to have the opportunity to hear such a prominent and successful speaker," he told Hoffman, Y. M. secretary, today.
Mr. Eddy is in America to urge financial support for work being done in countries of Asia and Europe by young men. Young Men's Christian Association.
Bolsheviki Want to Swap Marbles With Americans
Washington, Feb. 5.—Soviet Russia today asked for opening of trade relations with the United States. The overtures were made by Soviet Representative Martens in a statement before the Senate Foreign Relations sub-committee. Martens promised that any understanding reached would be permanent, but his statement Martens said there have already been negotiations between Soviet Russia and American representatives with regard to peace.
Martens asserted the United States government, through Col. Raymond Robins co-operated with the soviet Russian government against propaganda issued by the imperial German government. He also declared that the committee on public information, headed by George Creel, co-operated with the soviet Russian government while the state documents designed to show that Lenine and Trostyk were paid agents of the German government were being uplifted.
Man Carries Fortune
Denver, Feb. 5- Gold balloon aggr-
dening $80,000,000 was recovered
from Orville Harrington when he
was arrested today police said. All
the stolen gold was concealed under
a sidewalk near Harrington's home.