.. .... ...,. b...... ....,.., ULNS i. AANSN T i L' 15d.5.J. L .ILJ.ULI Z...P L11 1 9 inormous loans to foreign busi- ness and governments by American industries are expected during the coming year by national businesa, according to the statement' of the National City bank of Chicago which forecasts a period of American as- sistance to ,all European activities. While commerce throughout the United Sitates is in a slow but sound condition due to cailtious spec- ulations since the end of the war, an abnormal condition of foreign re- lations makes the development of ex- port trade an economic necessity. It is expected that large credit will be offered willingly to Europeans,.,A further suggestion made by the Chi- cago bank is for the purchase here of Allied securities to bring about the export of gold. The most desirable method of stabilizing matters, the purchase of European produce, is still impossible and cannot com- mence for a considerable time. Loses More By Flu Than War " Cleveland, O., Jan. 31.- Deaths in Cleveland from influenza since Oct. 1; last, total ,863, according to records compiled by the city health depart- ment. This is four times the num- ber of Cleveland soldiers lost in the war, the authorities declared. a Students ounil Rises to Power as Frosh and Soph Refuse Concfliation _ s NJ ar Gym Sts AND Gym Supplies Hair cutting and the Student coun- cif may seem totally unrelated at first thought, but the birth of the latter marked the demise of one popular; form of the other back in 1905. That was when all student activi- ties were under faculty control. And the two underelasses had aroused that i august body to the white heat of in- tolerance by insisting on beating the. town barbers out of legitimate busi- ness by cutting each other's hair, or, rather shaving each other's heads to billiard-ball smoothness. Every spring on the eve of the class banquets the number of premature bald heads mounted to a score or more. First Council in 1905 This and other difficulties connected with student activities, caused , the Mic'higan Union to recommend the for- mation of a representative body of seniors and juniors to have charge of fresh-soph games, class elections, and minor problems of the campus. Acted on favorably, the fall of 1905 witnessed the first meetings of this newly created body. Problems immediately came up for solution. Substitutes for the hair cutting stunts had to be provided., Supervision of mass meetings and victory celebrations had to be made effective. For the first time, organ- ized class contests took place in the spring. A better spirit among the students was evident. The increase in self government stimulated inter- est in the campus on the part of the student body, just as the advocates of the change had argued. Becomes Judiciary Body Succeeding years served to strength- en the position of the council. The dangers connected with class rivalry had been largely done away with in the supervised flag rush, rock contest Hollow" bag rush. Over-jubilant stu- dents who caused unusual disturb- ances, were punished by the council acting as a judiciary body. Powers Increase The sailing of the council was de- cidedly stormy at times. Questions of publicity, election of members, and policies served, however, only to prove the effectiveness of the plan. After 1911, when the University Sen- ate formally endorsed the council, the latter's powers have been extended to practically all matters touching the student body in its relations primarily its own. For instance, through it the crew of the U. S. S. Michigan was presented with a silver bugle in token of the support given to the team playing Pennsy at Phil- adelphia. Two Women Members In 1916 two women were on tho council, although the Judiciary com- mittee of the Women's league now fulfills the same function for the women as the Student council does for the men. The council rose to the occasion in 1917 when it found in the bag rush a substitute for the tabooed flag rush, remembered by all par- ticipants as taking place in a heavy snowstorm. Wants Student Backing The military regime prevented the functioning of the council this past fall. With a resumption of peace time activities, however, the organi- zation will resume its normal work. Meetings, which are open ,jto the campus at large, are held weekly, usually on Thursday evenings in the old Union building. To be the power it should be in the democratic governing of under- graduate activities, the sustained in- terest and backing of the students represented by it are essential.-Only so can its full and complete value be secured to the University. Personal expres- sion is an art un- derstood by Ed V. Price 'f O a t t t &-Co* A ? I 4yf JV whose skill ed workmanship 'is unequalled. Let ~c h9f 4Wt7 I 8} I a us snow yu. 'Fred W. Gross 309,So. Main -3 x. ... q 4} a,.\ ' '.~ \\S' . \ .\ GEO. J. MOE "Sport Shop" 711 N. University Ave. The Norbro Shop COLLEGE GIRLS Will appreciate the Splendid Corset Fittir Service at Goodyear s Has a most attractive collection of pajamas in all the different fashions from a gay little slip-over style to very frivolous Billy B urkes. There are plain pinks and blues and white with colored trimmings as well as the col- ored ones with cretonne design trimming. When you are in Detroit, come in and let us show them to you. ii ( the sophs guarding the against the frosh who had boulder, numeraled, to plant guarded territory), and the campus a large on the "Sleepy FORMER UAMPUS UNIT WITH ARMY IN GERMANYI Students' Checks Cause Banks Loss PON Second Floor, IZ E. Grand River Ave. 11 _. .. .. How Do You Feel? How does it feel to get back into the old fraternity house again? Does everything seem quite like it did before? Don't you find it uncomfortable to sit and look at those battered up walls? I COULD, EX'18, WITh ONLY AB Ul-1 LANCE CORPS ON HUN SOIL Some of the Michigan men who en- listed in the ambulance units formed on the campus in the spring of 1917, are now with the American army of occupation in Germany, is the infor- mation contained in a letter written by Lawrence M. Gould, ex-'18, to E. B. Anderson, '19M. The letter was writ- ten on Jan. 11 and has just reached Ann Arbor. In St. )ihiel Sector Gould pictures his training at Al- lentown and subsequent transfer to Italy instead of France where other Allentown sections were sent. The unit was attached to the 80th Division and later saw constant service a St. Mi- hiel and along the Meuse and Argonne. The writer's section was cited by General Pershing after the first en- counter on the Meuse. Goes to Germany After the armistice was signed the outfit hoped to be returned to Italy, but orders came to the contrary. The tetter reads, "Four Ambulance sec- tions were chosen to be attached to the army of occupation, section 590 was one of them, so on Nov. 20 we began our progress toward Germany with the Third army. We passed through parts of Alsace and Lorraine, through Luxembourg, where we were stationed for about a week, and then to Trier, where we stopped two weeks and mov- edfrom there into. Coblenz. "We Wre likely to remain for quite a long time, judging from present indi- cations. It affords us some satisfaction to know that we are the only ambu- lance section in the A. E. F. that is on the Rhine with the army of occupa- tion, the other three sections attached to this army being stationed farther back in the area." .Toronto University Extends Research University of Toronto has been pre- sented with an airplane and nine en- gines. An experimental tunnel has also been built by which different ex- periments will be carried on. By means of this research work new facts are expected to be added to the knowledge of flying. "Some students seem to think that they will spend less money if they pay out a dollar by check for something or other; every day than if they come to the bank and take out $10 at a time, but there is no reason for the drawing of so many small checks," says the manager of one of the State street banks. Involves Loss Those banks which cater to Uni- versity students have always found the handling of their accounts a diffi- cult problem, bank officials say. Most of the students have only small sums of money on deposit which they draw out by a series of small checks. This involves a great deal of clerical work for the banks which is out of propor- tion to the total volume of the busi- ness. Consequently many accounts are handled at an actual loss. Fixed Deposits A few years ago it was the custom of the local banks to require all stu- dents to keep a balance of $25 on de- posit at all times. If the student drew checks which put his balance below this mark, he was charged a small sum. This practice was discontinued some time ago. The plan is not likely to be put in force again, according to the manager of one of the local banks. Another manager says that although he thinks such a scheme might do some good it is decidedly unlikely that it will be re- instated. GOLD PRODUCTION .COXXITTEE DISAPPROVES GOLD SUBSIDY London, Jan. 31.-"A subsidy for the production of gold appears to us to be fundamentally unsound," re- ports the Gold Production commit- tee, consisting of Lorde Inchcape, Sir Thomas Elliott, Sir Charles Ad- dis and W. H. N. Goschen. Early last year a committee, call- ed the Gold Producers committee, ad- vised the Chancellor of the Exche- quer that unless the gold producing industry was helped, the already di- minishing supply of gold must suf- fer and that the maintenanch of the present gold standard of value might be met by a special grant of some kind. Camp Grant to Graduate Last Officers c t '; ew } " 1 f M '' , 'x t - .... :.r 'si.,. ". ,{'" ., yJj^f E ~- ._ . . ,. t .1 ' , ., f J t Prices Are Reasonable Front Lace Models $2.50 to $15.00 Our corsetiere unde stands the scientific, well as the ordinai fittings, and we a pleased to render th additional service wit out extra charge Back Lace Models $1.50 to $7.50 We are now show the newer models "LaCamille" front 1 andThompson's' gla fitting,back lace cors We Are Hme-Dodors It is our business to put your home in tip-top con- dition. Call us for a consultation. We will look things over and prescribe a remedy for all ailnents. Ready to Wear Sedion Second Floor i Oswald A. Herz Decorator "Down Town" ROLLER SKATING Tuesdays, Thursdays and Saturda; Nights from 7to 10. Saturday and Sunday Afternoons from 2to 5. 112 W. Washington Phone 353-FI WANTED WANTED-Used Hammond Typewrit- er, mathematical machine preferred. Name lowest cash price. C. R. Muel- ler, 300 Webb Ave., Detroit.' WANTED-Six students who earn own way. Phone 1775, today only. WANTED WANTED - Violinist and banjorine player for darAce work. Experience necessary. Playing one and two nights a week. Phone 1050-J. WANTED-Watch the Daily for Bar- gains. Camp Grant, Rockford, Ill., Jan. 31. Harvard Seniors to Get A. B. Degrees -The last class for officers to be held Harvard students in service who at Camp Grant will be graduated in have finished their junior year and j two weeks. Almost all candidates will who are unable to return for the be commissioned second lieutenants work of their senior year will be in the reserve army, unless they given their degree of A. B. provid-' choose to attend the officers' school ing their standard has been good. at Camp Lee, Va., and take a course; to make their commissions perman- Always-Daily service-Always ent. Coliseum 725 So. 5th Ave. Phone