II a Ah, AL VOL. VIII. No. 139. ANN ARBOR, MICHIGAN, SATURDAY, APRIL 9, 1898 PRICE-3 CENT. I 1 At Wild's Spring selections just arrived from the East. Call and inspect our...... Suitings, Trouserings, Top-Coats. NO, 108 E. WASHINGTON ST. NEAR MAIN ---I Al legretti's Chocolates.... Fresh every week. Only in packages- 60c a pound. Lowney's if you prefer. PALMERS' PHARMACY, FOR THE NEXT WEEK. Just received a fresh supply of Allegretti, and Williams and Werners Chocolates. Largest line in the city. Lunches at all hours.- R. B. J0 1 &\CO. 30 South State Street. WHAT'S NEW? 1.-A folding Camera with plate holder and carry- ing case for $7,00. Takes a 4x5 picture. 2.-A 4x5 Plate Camera for $5.00. Takes good pic- ture, too. CALKINS" PHARMACY. THE PANIC OF '93. Described by Hon. J. R, Burton Last Night. The last entertainment in the Stu- dents' Lecture Course .was given last night when Hon J. R. Burton delivered his lecture on "An Epoch and Its Les- sons." Mr. Burton had been told the restrictions placed upon lecturers that nothing bordering on a political speech coulid be given in University Hail, stud e qite happily illustrated the distinc- tion between an exposition of economic facts and principles and a partisan ad- dress. The lecture was very instrue-1 tive, admirably delivered and full os valuable suggestions and advice. tie said in part: As the crises in the lives of men are the periods to which we look with most interest, so the epochs in the history of nations show us the character of the times and the drift of progress. The year 189 marked an epoch in our history. The greatest panit the world has ever seen was pre- cipitated during that year. It came on entirely unexpected and caused a loss of over twenty thousand millions of dollars to our business and property. The year 1893 was the consummation of the greatest period of our country, a period of invention, expansion, indus- try and progress. In some respects the progress of the twenty years from 1870, to 1890 was greater than during the whole history of the country previous to that time. Kansas participated in that progress. She soared the highest, and, when the panic came, fell the farthest and hit the hardest of all the states. Capital had been attracted there from the East and from Europe, and when the Kansas citizens found how easy it was to bor- row money they soon found how easy it was to spend it. The result was a great boom. In 1889 the bubble of spec- ulation burst, and ever since the cap- italists of the East have been trying to look very deeply into the panic of 1893 without seeing that its cause was what is called in polite language speculation, but is, in reality, gambling. The one principle of economic prosperity which is above alt political platforms is that emblodied in the parable of the Talents. Honest toil must not be looked down upon. Something for nothing will never bring success. Prof. Hart on Cuba. The large audience assembled in Tap- tan Hall last evening to listen to Prof. Hart's lecture on Cuba were well re- paid. The lecture was very interest- sng and instructive throughout. He began by stating that the purpose of his lecture was to show why Cuba is still retained under the domineering rule of Spain. Before entering upon the subject proper a short account of Cuba's wealth and resources were en- unaerated and her importance geo- ggraphically and commercially was des- cribed. Spain, after the discovery of Amer- ica, became most powerful in respect to her possessions in the new world. These gradually melted away one after an- other until Cuba is left, which is re- tained by her with the greatest tenac- ity. Throughout the lecture numerous al- lusions were made to the conservative policy of the United States. Spain, in fact, held Cuba for seventy years sim- ply through the diplomacy of the Unit- ed States, when there were many rea- sons and opportunities both for inter- fering and freeing Cuba from the tyr- anny of the mother land. Basides this, the policy of the United States, has been protective both to Spain and to her al- lies. This policy was clearly shown in the rexatiorship of foreign countries, as France and England, in regard to Cuba. The lecturer treated th rela- tionship of Cuba and the United States in great detailfro 1795 to 1895, just be- fore the present insurrection. The lec- ture was well received. Bay City Wins Easily, The Bay City players bunched their hits, the 'Varsity players maade errsr~ and McGinnis was wild, and as a result the 'Varsity lost a second time to the visiting professionals. The score this time was 11 to 1. The visitors are play- ing a better game with each day, but the same cannot be said of the 'Varsity. The latter seem to play carelessly and do not take advantage of opportunities as they arise. This was very notice- able yesterday. Praise, however, must be given Lunn, Condon, Matteson and Butlertfor their work. It was a re- teeming feature. Callahan, who has quite a reputa- tion as a twirler, was in the box for Bay City and kept the hits scattered. Sullivan caught a fine game and his throwing to second was perfect. Bay City scored in every inning but the third and sixth. The 'Varsity got their only run in the first inning when Butler made a corking three-bagger to right. A wild pitch brought him in. There were chances for scores later, but sac axor wissk on the bases spoiled them. The summary : MICHIGAN. A B. R. H. O. A. E. Cooley, 2b. 3 0 2 3 0 1 Condon, b. ........3 0 1 0 0 Butler, rf.. 4 1 2 1 0 0 Gilbert, ss. ......... 3 110 0 1 2 2 Davies, m. ". 0 0 1 0 Matteson, if. ....... 0 1 2 0 0 Wolf, 3b.. 3 0 0 2 1 2 Lunn, ... 1 0 1 6 1 1 McGinnis, p.. .3 0 0 0 1 1 Totals ............30 1 7 21 5 7 BAY CITY. AB. R. I. 0. A.E. Lowney, ss........ 5 2 3 1 0 McKevitt, rf. ....... 3 2 2 1 0 0 Royce, lb. .......... 3 0 1 6 1 0 R obb f. ........ 0 2 0 'Conklsin, au....4 1 0 0 0 0 Housholder, 2b. .... 4 1 1 4 1 1 sullivan, c. ........ 4 1 1 3 2 0 Warner, 3b. ........ 4 2 2 2 4 0 Callahan, p. 3 1 0 0 2 0 Totals-.......... 1 21 12 1 Innings-- 1 2 3 45 67 Michigan ................1 0 0 0 0 0 0-1 Bay City ................2202401-11 Three-base hits-Butler, Housholder. Two-base hits-McKevitt, Royce and Warner. Stolen bases--Gilbert. Bases on balls-Off McGinnis 4, off Callahan 5. Struck out-By McGinnis 1, by Cal- lahan 1. Wild pitches-Callahan 2, Time of game, 2 hours. Umpire- "Rube" Heard. Today's game will be called promptly at a:30 o'clock and both teams will pre- sent their best list of players. In all probability Coaches Watkins and Clarke will take part in the game, the former pitching for Bay City and the latter for Michigan. The U. of M. Band will meet in Room C today immediately after the Athletic Association election and head the procession to Regents Field. Ladies will be admitted free to the remaining games of the series, If the track is in condidtion the re- lay team trials will be run this after- noon. recover their money invested. Prof. Hinsdale's Lectures. As is natural in such a time, there Prof. B1. A. Hinsdale will deliver six were thousands of men who lost every- 3OOKST O EM A good Base Ball and Bat is just the thing to develope your muscles. We have every varity from 5c to $1.25. Sporting goods of all kinds. Base Ball Suits made to order. Prices are right. WAHR'S BOOK STORE k Up Tows Pews Towsi a. Stats at. Oppsiate lCurhUouse: E Ass ArboH n lt t thing they had. Not only capitalists but working men were affected by the great depression. Men lost their farms and homes and property. Soon men who never earned an honest dollar or who had become embittered by the re- cent disaster, proposed to the people of Kansas scheme after scheme whereby their losses could be made good. The schemes were based on the principle that all the government had to do was to start the printing presses and make the money which could bring prosper- ity. This same idea, in a somewhat modified form, exists today, but is rap- idly being discarded, thanks to the ed- ucational progress of the time. No nation can be prosperous unless it obeys the laws of legitinate com- mercesod honest trade, No one need lectures at the west virginia univer- sity during the summer quarter on the following subjects: "The Teachers' Problems." "The Teacher's Possibilities and Lim- itations." "Teaching Material." "Motor Forces in Our Educational History.'' "Presirent Garfield as a Student and Teacher." Prof. Hinsdale's lectures will be given July 14 and 15-three lectures each day. There will be a meeting of the law de- partment house of representatives this afternoon at 2 o'clock to elect officers. The Athletic Board will furnish official ballotsat the election Sat- urday. No others will be counted by thetellers.