.10AN DAILYV. $5.25 TS A1LUMNI ASSOCIATE IN RECENT PERIOD Effect (Consolidation of 'Groups from Different Departments Eight Years Ago MICHIGAN ALUMNUS COMMENCED IN 1893 AS PRIVATE PROJECT gan Alumnus for life without further charge. ,\ ;\ as r t a x ; rte. F . T ,t ,. 1,l } _ r i . _ .L / , dl and Purchasers of X in Town Toques PARTY GOVERNMENT IN TIHE UNITED STATES OF AWERICA. New Years Gifts CHARLES D. WILEY Publications of Harvard and Only Ones to Surpass Alumnus in Age Yale By William M. Sloane (369 S63) The development of parties, pecu- liar to American government, is treat- St. over Cushing's See Our Wind h+c4 igan ADAMS, HEAD OF TIFE ECONOMICS DEPARTMENT e many Michigan profes- Lve acquired an interna- ation may be mentioned Carter Adams, head of cs department. During Professor Adams has l in statistical work, both ry and abroad, and many nners at the university are g to realize thathe ~s to the Micbigan camr- In 1887 he was appointed to the pro- fessorship of political economy and finance at the University of Michigan and he has held that position ever since. Professor Adans is particularly well known in this country as the origina- tor of the system of railway account-: ing which has been made compulsory for all railroads operating within the jurisdiction of the United States in- terstate commerce commission. He was a director of the division of trans_- portation in the 11th census bureau,' and between the years of 1887 and 1911, he was a member of the inter- state commerce commission, having full charge of the division of statistics and accounts of that board during the last five years of his incumbency. He also cooperated with Dean M. E. Cooley of the engineering department in appraising and re-valuating the railroads of the state of Michigan. lams -was born at December 31, 1851, eing of New Eng- Adams family was settlers of the re- ather being a min- .imself of the mea- cilities which his , and his prepara- ge was undertaken my, Iowa. After om that institution )llege, and in 1874 with the degree of at in a at )n- As a recognition of his ability along particular lines of accounting, Pro- fessor Adams was, in 1913, called by the Republic of China to act as a mem- ber of a commission on the standard- ization oif accounts for the railways of the Chinese empire. He returned, from this work about a month ago, and for the rest of the college year, he will be engaged with his univer- sity work.. However, during the first semester of next year, the board of regents hasgranted him a leave of absence to return to China and com- plete his work for the Chinese gov- ernment. Professor Adams is a writer of con- siderable ability along economic and financial lines. He holds membership in a number of prominent educational associations. in 1898, Iowa College conferred the degree of L.L.D. upon him, and the University of Wisconsin honored him in a like way in 1903. Michigan's alumni association has only comparatively recently been or- ganized as a general association. For many years, the alumni of the univer- sity were organized by their respective departments, each havingits separate association, and each operating dis- tinctly as an individual unit. In 1908, a consolidation of these different groups was effected, a general alumni association beingtformed w h i c h brought them all together under one head. The alumni individually are rep- resented by a board of directors com- posed of seven members. Two of these are elected each year at the general meeting of the alumni asso- ciation held during the month of June. These seven elect their own officers, and the latter serve as the general association officers. A general secre- tary is also elected by this board, whose duty is to carry on the work of the association, and to act as editor of the Michigan Alumnus. The Alumnus was established in 1893 by a few private individuals, and was owned and operated by them un- til 1908, at the time of the consolida- tion, when the board of directors bought the magazinedoutrightr from the publishers. As a privately owned venture, the Alumnus had only - a small subscription list, and was car- ried on along a small scale. Before the time of its origin in 1893, all alum- ni news was printed by the other pub- lications on the campus, but there was no individual paper. Since it has been taken over by the general association, the Alumnus has increased. and grown, until today it is one of the leading papers of its kind in the country. It has the dis- tinction of being one of the oldest alumni magazines, those at Harvard and Yale being the only ones which surpass it in point of time As a monthly publication, it has the largest subscription list of any like paper among the larger universities. The alnumni association has no or- ganic connection with the university, all the work being carried on under the direction of the alumni and the board of directors. The association, however, receives $600 a year from the university "for advertising the university in the Michigan Alumnus." Subscription to the magazine is $1.50 a year, but a reduction is made to those who pay for It several years in advance. There are 1,500 endowed members of the association, who pay $35 in seven annual installments 'to become such. Five dollars is paid on each payment, of which four dollars, or 28 dollars in all, goes into a permanent endowment fund, of which only the interest Is available to the association. This fund now amounts to over $27,000, and is steadily increasing. Sincei commencement last June, over 40 newi endowment members have been se-A cured, and of these, five have paid their endowment fee in full., All en- dowment members receive the Michi- ed rather exhaustively in Mr. Sloane's book, just recently published. Con- siderable space is devoted to the be- ginnings of parties, and some of the theories advanced in this connection are not in accord with those commonly credited. Following an explanation of the evolution of the great parties F up to the present time, the writer takes occasion to comment at length on the influence of parties in contem- porary politics. Although the style employed by the author is a bit dull, and the exposi- tion is involved in spots, the book is interesting in the main, to even the casual student of government. The study seems to be sound and thought- ful. The present interest in the sub- ject of parties makes the book of timely importance. II Stato ers ow Priftters - Bind4 112 South Main Street Ann Arbor's Greatest Ct Invites You Sh Finest Assortment of Holiday Goods To See Our Popular-Priced Chrilstrmaeks Gifts Practical Suggestions Traveling Sets Pullman Slippers Collar Bags Manicure Sets The Mayer-Schairer Poker Sets in the'City Heidelberg, Berlin e returned to this accept a position as litical economy at -. He became an at that institution nd he coitinued in til 1887, meanwhile be post of a non- on economic sub- s Hopkins and the Universal Electric Grill broils, fries, 'bakes, and toasts right at the table. Toasters, Sad Irons, Coffee Machines, Stoves, Chafing Dishes, Egg Boilers, and Curling Irons. Traveling Cups Thermos Bottles Gillette Razors Smoking Stands Ash Receivers Tobacco Jars Cigarette Boxes Humidores Book Racks Desk Sets Memo. Pads Jardineres Crumb Trays Dinner Gongs Carving Sets Flash Lamps Ice and Roller Skates Inl Our Toylatnd Stuffed Animals of all sorts. Erectors, Sleds, and Friction Toys STUDENTS FINISH ector of the camp, will speak to the OR ANNUAL SMOKER studeits. The smoker is an annual event and or civil engineers who it, along with the camp dance, which p Davis last summer will be held this year in February, "Camp Smoker" at the offers the only opportunity for those on, Friday, January 8, who have attended the camp, to renew for which have already acquaintances and to talk over old ed. The prog'ram will times. he most part, of vaude- >y several mem'bers of For Musical Instruments of Every d the singing of camp Description, Victrolas, and Edison Di- rn slides showing scenes amond Disc Machines, go to SCHAE- will be thrown on the BERLE & SON MUSIC HOUSE, Main rof. C. T. Johnston, dir- Street. eod W Schmaher Hardware Cl 308-10-12-" S. Main Street Phones 174-175-M. U U MONEY-RISING SALE-All Cloth- ing, Banmacians, Overcoats, Suits, Meu:'s Furnishing oods and Hats at Sacrifice Prices. A LIEN'S COOD) CLOTHES STORE, ~ Main Street. A new lot of xubber sole shoes-- black and tan-Just received. Wagner lb Co., State St. 67-70 Fountain pens make good Christmas presents. University Ave. Pharmacy. tf Phone 2280 for quick Taxi gage service. Students attention. When your Xmas acation call 15. I baggage checked direct from destination. AV I ~fr v (OUR STOCK) ichafiner & Marx Clothes at $1.50 to $3.00 lower than any other prices quoted. & $28 Suits & O'coats V $22.50" "4 46 $16.98 $14.98 $13.98 $12.98 ) to6k Sweaters, Odd Trousers and Raincoats at Reduced Prices Clothing $15. $13.50 $12. $16.56 Suits & O'coats i4 ii 64 $10.98 $9.98 $8.98 $7.98 ations Lutz Store Mackinaws 1/4OFF ArTA 217 South Ma.in Street