THE MICHIGAN DAILY PAGE ,.. - - -_ T j1 r- j« 4 , >" - _ :.- ... IL ; &M ! F } RINER MAY ISSUES ADVICE TO TRACK MEN, ASKS ,CANDIDATES TO KEEP INI TIP TOP CONDI- TION Vacation is to have no effect upon the development of the Maize and Blue track team this season if Train- er May's plans work out. To keep his proteges in shape during the period of rest from studies, the expert physical director, in an inter- view with a Daily representative, ask- ed that his plans be made public, that those aspirants toward the short trous- ered team will be able to make a good showing when the regular sea- son is on. Despite the fact that it may be a childlike exercise, skipping rope is ideal for keeping the muscles of the leg in tip top shape, the doctor says, and for this reason, he asked that the men who expect to work on the team, partake freely of the exercise.- "When ever you get a chance," is the instruction of the trainer, "run around a gym track for a while to keep your- self in running practice. Every Y. M. C. A. in the country has a track, so take advantage of it." ENGINEERS' ISSUE NEW CATALOGUE An effort has been made by the faculty of the colleges of engineering and architecture to re-adjust the schedules of those men who are hope- lessly behind in their work on ac- count of sickness or unusual military duties by issuing a special announce- ment of courses. Copies may be ob- tained at the office of Secretary Hop- kins. Students are advised to make those changes in their schedules which are deemed advisable at once. It is the policy of the College of Engineering and Architecture to use the time still left before the end- ing of the semester to intensify the work, thereby hoping to cover the work done in a normal semester. $500.00 A MONTH Men and Women, Soldiers, Sailors, Marines and Boy Scouts cordially re- quested to secure territory and sam- ples of HISTORY OF THE WORLD by Francis A. March Ph.D., in col- laboration with noted war corre- spondents and military analyst. In- troduction by General Peyton C. March Chief of Staff,,-Highest /OfMl- cer in United States Army.-800 pag- es-200 wonderful official illustra- tions. Credit extended . Four hours a day means $30.00. A pleasure to sell. Every Service Star i sale. Ele- gantly bound. Price only $4.00. Write at once. LIBERTY WAR BOOK ASSN., 1826-28 Penobscot Bldg., De- troit, Mich.-Adv. TRACKMEN-NOTICE ; Immediately upon their return from the Christmas vacation, all candidates for the Varsity track squad are asked to report to Trainer May in Waterman gym- nasium, that lockers may be as- signed to them, and that the work outs may start without de- lay. TO BE RESUMED AT CLOSE VACATION WITH INTEN- SITY OF LAST QUINTET PRACTICE Of YEAR HELD YESTERDAY The trainer is anxious that candidates report not later than the first day after the vacation. He does not want to lose any time. Predicts New Era in U. S. Finance Washington, Dec. 19.-Because of the fact that during the war approx- imately 200 billion dollars of capi- tal was destroyed and about eight million workers were killed, the pro- ductive power of the world has been greatly decreased. In view of this fact the December bulletin df the federal reserve board predicts a new era in American finance "replete with new and momentous problems de- manding no less serious consideration than those of the war." The result of reduced production will be lower wages and a lower standard of living. In order to put what capital- we have to the best ad- vantage the federal reserve board an- nounces its intention to ration the financial resources of the country during the transition period, not widely differing from the action tak- en when the nation was at war. Some suggestions made for a sound econom- ic basis for the future were: aid to foreign governments through the me- dium of the banks; limitation of in- dustry to "those lines which may properly be called essential," and methods for the absorption of war loans. At present large numbers of bonds are held by banks and as it is desir- able that the bank capital be freed the federal reserve board urges that this be accomplished by personal saving on the part of the people. Mr. Earl V. Dye, instructor in money and banking in the economics department when discussing the situa- tion said, "The floating of many bil- lions of government loans has re- sulted in the great inflation of'prices and the interruption of international flow of gold. This has put us at a disadvantage in foreign trade. "The plans of the federal reserve board,' 'he said, "can not, of course, be questioned. They are decidedly for the best." From this time forward the bulk of our foreign financing will .neces- sarily return to a peace basis and services of our banks will lie in sup- plying means of financing the move- ment of consummable goods to for- eign countries by which they are needed. With the last basketball practice of the year held in the high school gym- nasium yesterdayv afternoon, Coach Mitchell's squad of quintet men went through a workout that, according to the coach makes him feel good. With the practice filled with a lot of pep, despite the fact that just passing the ball and shooting baskets was all it was composed of the hopes for the second season of basketball at Michigan are higher than ever be- fore. Ten Men Out The 10 men left on the squad were all in uniform on the floor, and went through the paces like veterans. Big Cohn, who was switched from center to forward, is showing remarkable ability at finding the rings, despite the fact that he does not get within a decent distance of the baskets in actual play. Hewlitt, the one letter man from the past season, who is back on the squad, is really the neucleus about which the team is being formed. His position at forward is being made one of the most aggressive on the squad. More Men Expected Following the return of the men to school from Christmas vacation, more candidates for the team are ex- pected to present themselves. It is very probable that sufficient material will be on hand for the team to be developed into one that will make In order to accommodate the crowds the Majestic will run three shows in the evening; at 7:00, 8:10 and 9:15.- Adv. the other runners in the Conference sit up and take notice. Since this is only the second year that basketball has become a major sport at the school, the champion- ship of the Conference is probably beyond the reach of a Maize and Blue team this year, yet it is expected that the Wolverines will run well towards the lead. Pick- UPS Plans for the basketball season at Williamette university are being form- ulated now and several work outs have been held. Twenty men have reported and the prospects for a fast quintet are good. It is expected that scrim- mages will be scheduled with prep school teams before the intercolleg- iate season begins. The strict flu ban in Milwaukee will probably prevent the basketball game scheduled between Wisconsin and Marquette universities. Camp Perry is anxious to have a game with Wis- consin but as the Badgers play the Great Lakes and Camp Grant next week, it is improbable that this con- test can be arranged without over- crowding the schedule. Basketball practice at the Univer- sity of Wisconsin has been a great deal snappier since the team has been scrimmaging the freshmen and Coach Lowman is satisfied with the way they have been working. Negotiations for intercollegiate hockey games between the University of Toronto, Quenn's and McGill are still continuing. The basketball and track schedules for this year and the football season for next year for the University of Kansas were decided at the recent meeting of the Missouri Valley confer- ence coaches and managers. Seven basketball games are scheduled be- ginning Jan. 17. One indoor track meet and five outdoor meets have been arranged. 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