z ~TSFE UlMVFYt8 IY OF MIGHLGAN:DAILY. Published Daily (Mandays ecepteddurig College year at ITE UNIVERSITY Of MICHIGAN, MAIN OFFICE BACeH OFIC Argue Bldg Matn t. 36S. State Street. HotI 'Phoes 13. Ne State 'Phoe 12. MANAGING EDITOR . 0H. HANS. '1 BUSINESS MANAGER. ,F. NIELHARD, '1 L EDITORS: ATHEItCS - -- G-1. 1.Huoser, 1 I A. H. MIDOI1ALL,'5l E. W. A. KNIGHT, W1 L Miss L, K. SANE '3 CHAs. DORouut'1 E. H. WIODIOW,'OO W. P. CAsrv'l L W. A. ENSCOTR, 03 E. I. HUSTO, 03 Milcliganl's track tearo startd 011 its season's work yesterday a1n1 it has the hardest scedule Is cre for that ha ever ben pe llld sot for a like aggre- gaio. Two thinigs areS necessary to work out success. I the first iplace every watsill the Uiversity who 11as aily tenldency towards participation in1 track events, or who kows lie has some aility iu this lie of work, should come out at once. It is not only ladva- tageous for these men to oue out, ut it is their duty to do so-a duty that they owe oth to temselves and the university of which tiey are a part. Ill tie second place it is tie duty of every no-participalt to look out for proale cadidates slnd see that they gt in touch with Director Fitpatrick slnd('a111. Malyes, wvho will lit only get tile 15110 interested illtie work ut will try 10oliake somietinig slut of every willinig cadidate. Aove all this tie studet body soldi le1nd11aih to the track seas511 by atendl~ig evry contest. Give tie teami yor hearty support a11111llead5111tiew 011to vic- tories. fen Out of Thrteen Contests. Tile high psositioi to wIdh Prof. Thomauls Trelodd1111 elevated the de- datinig departlmelt of the Uiversity is worthy of cosideralhe notice. Ill fat, tie attentionl of the oard of re- gents ws called to the deveolmenlt of thils lanlch of unliversity work ill al official way ill Presidet Angllg's last report. The soly university which las tie htter of tie string of victories ill d- hate withl Miciganl is Nort~western, silo having lluded two out of three heart-to-heart talks; hbt, we it is colnsidered that oth of these universi ies are mlemers of tieCetral Dcat ingg leagule, an~d tiat Miciglnlh1a10 in- vrialy ibeel succesful ill tie filsl, whille tieipurle hals eell kowIto halve eenl left y tieswayside 011 a1few occasions. Jiciigan call feielite con- tentted. Miciganl 1100wol 10 out of 13 deat- iig conteOsts. Se lost twice to Nort. westernl 111d once to Ciciago. She has 0011 four times fronmCicago, twice from l iju'llsylvallia, twice from Mlille sota, 1111 01110each fr10111Northwesterns an~d listonsinl. a Foley Guild Party. Tie dalcing parties givns uder 1110 aspires of tie Foley Guild have eel some of the most ejyahie iheld dur ing the winter. Owing to at mistake il antnouncement one was anounced for fan. 17, ut the date had eell caged anld the committee have decied upon Thursday evening, Jan. 24 ,as tile(ate of the net party. Tie same music and program will e furnished s on former occasions on the Guild numers and all are Invited to e present. Tiss will e the last party efore tie sonold seneser. Thlos. A. Conlon, presidet of the '00 Lawy class last year, has opened an Banking in United States. In order to encourage origial re- search and study of currency prohlems ansi to ensure tie pulcation of wat- ever valule data and argutment may result therefrom tie Sond Currency' comlmittee of the Reform cluh offers, suhject to the followig conditions, three casis prizes: First prize, $100;1 second prize, $50; third prize, $25, for the three iest original and unpulished essays inl either of the following fields of inquiry: 1. Original investigations into the history of ank note systems in the united States, dealing particularly wills the development of special fea- tures such as () methods of security, (2) redenpton provisions, (3) elasticity, (4) ranchl banking, (5 interest rates, etc. 2. Tile inlfluece upoI rural communi- ties of sa1111111 lose currency ased up1o01 generlal commllercialllassets, as dis- tin~guishled froms a systemn ased upon tile deposi of olds. 3. Tie prohlems of supplying credit facilities to agricultural classes; with special reference to rancihnks slnd banlks of issue. Tie artices maliy e of aly legt necessary 1o proerly develop the s- ject chosu-no110 exceeding, however, the lim~it of 20,000 words. The most satisfactory lngthl would e 10,000 to 12,000 words. All papers submitted ill competiionl for this series of prize mnust ho sent to tie committee on or hefore July 1, 1901. The award will e made as s0011 thereafter as possihle. Eachl 1aper mlust 1)0 signed only y It fictitious naml~e or Iom do, plume, and 111s101be 500155111id y a sealed en- velope cotaining thle name and ad- dress of tile author, ut earing on the ioutside soly tie fictitious name or noni de ]flum~le chiosen. These envelopes will nt bei opieed until after te award is 111111. the prizes will le awarded y a coml- plent lcommllittee of disnterestel judg~es (to hi' selected y tie Sould tsurrenlcy ('llllsllittee), who shall have absolte' powe' in1the premises and wvhoise lawrdi sal e filal. No first irize will Is' awarded if 115tie judg- 11111f of till comm~littee of award, isse of 1111-pliers sbmllitted has sffciet mellrit tll justify suc award or to war- ranlt its publlica'ition. Tie Sould Cur- relncy- 'lCommlitee'l's1001reserves te riilt to publ11ih1 withoullt furter com- ielsltiollltootill luthlo lalyiater for For' furtherll'ml lticulllrs address Z. Carroll Root. Screary. 52 Willam Si. Nw XYor. STOP GIIOWVLING AND SMOtE Roali Tgers, Isl; Tigerettes, 5c. If you are not satisied with your roomisantd bolad or you wishste ex- penses were a little less, go down and talk with Alln Aror Music Co. tf Wadhlams, Ryan & Reule are sole agetts for Ypsilanti underwear. Alarm Clocks, at HALLER'S JEW- .ELRY. Chef d'oeuvre d I'Eposition Universele BY WatonIagRi, and C-hampir ADDRESS, 3si SOUTH STATE STREET The publisers of this work received the Grand Prheand God Medal at the Paris Ex- psiion to its excelece. All wrks sld on -subscrpton only. Redmond, Kerr & Co, BANKERS 41 Wall Sret, New York Transact a geeral baning business. Receive depoits sbjet to draft. Dvidend sod interet collected and remitted. Act as Fiscal Agets for and negoiate the issue of railroads, teel rilway, gas cmpnies, etc. SecurIties bugtald sold on comms'o. Members ew Yrk Exchange. sDEAL IN HIGH-GRADE INVESTMENT SECURITIES. Lint of current ofierleec cc: t . pa toD,. PHILADELPHIA COREESPONDENTS. GRAHAM. KERR & 00. S. Le.A* SO ROSIS They fit the feet... THE They need no breaking NEW il.. SHOE They arc models of fine shoemaking. FOR They are the cheapest WOMEN as well as the best. . Only sold toone retail. er in each town.... Geo. H. Miller, 212 S. Main St. Art Novelties, Decorations, Frames, Poster Mounts and all Art Supplies* DEFRIES' ART STORE, 2W S 4th AVE., ANN ARBOR BEGINNING Athens 'Theatre 30 Tues.'I EVE'., 5 NIGHTS Artists JAN. 22 SATURDAY MATINEE Singers U5he John E. Young Comic Opera Company__ Pretty Girls, REPERTOIRE 10 Tues. = -ISAID PASHA" Funny xv Wed. -iTHE rIASCOT" Comedians Thur. ITWO VAGABONDS" Fri. a lOLIVETTlE" 2 Elegant ~Sat. Matinee, Wardrobe -IBOHEMIAN GIRL" Great Cast -IPNig LE"30 Up-to-date PRICES: 10, 20, 30C Specialties Seat Sale Monday Cu.S. EVERYTHING NEW EXCEPT THE NAME AT IROSEY'S BILLIARD PAR'LORS HIGH GRADE CIGARS, TOBACCO AND CIGARETTES R E ID A N D SUCCES5OS 2 ' Y O LS O RS A E I U R E 'R Y N L S O EN H LE T E T S H H S A N IT A R Y P L U M B IN G . ii I-, I'~HIIHELECTRIC CONtSTRUCTION AND SUrrxsEs&U !WEW'* STEAM AND HOT WATER HEATING, 207 E. Washington Street. ARTIOSIC GAS AND ELECTRIC FIXTURES HIGH GRADE MANTELS AND GRATES. We are headquarters for every thing in the line, of furnishings for studenta' rooms,a LAMPS, OIL CANS, PHOTO RACKS, SHADESI WASTE PAPER BASKETS, CUJSPIDORS, Our Prices You Will Always Find the Lowest.' ,. MARKHAM'S BAZAAR- 2VS SOUTH MAIN STREET: NEW STATE 'PHONE462