THE MICHIGAN DAILY L1 ulcers for next year con- def business of the meet- >smopolitan club whichI night in University hall. 22, was elected president >r the ensuing year and men were elected to the ctors: E. M. Beresford, baugh, '22, Namio Ohto- H. Lii, '22E, Prof. A. W.' physics department, Prof. er, of the German depart- arold R. Chapman, and The proposed institution of higher learning would be located in Northern Florida, and definite plans for its establishment there have been made, it was asserted by Mrs. O'Hare, who said the plans were drawn up by herself and co-workers, with Debs in the At- lanta prison, where they visited him just before coming here. Students will have to earn their way through the college by manual labor, giving over their afternoons. SCIENTIFIC FRATERNITY TO WELCOME 56 NEW MEMBERS i YEAR ANTICIPATED- Professor Friday Says Profits Will Not Be as Small as in 1915 TELLS OF CONDITIONS IN JUNE REVIEW OF REVIEWS i e. ting of the club will be bt in room 302 of Uni-' which time the plans he new officers will be e members of the club EGE INI [AY BE FORMED Sigma Xi, national honorary scien- tific fraternity, will initiate 56 men, in- cluding one faculty member, 25 gradu- ate students and 30 seniors, with an annual banquet at 6:15 o'clock this evening at the Union. Prof. John C. Parker, of the electri- cal engineering department, retiring president of the Michigan Chapter, will speak upon, "Research--An Outside View" following the initiation. Ionia Women Hear Prof. Henderson Prof. W. D. Henderson, of the Ex- tension service, lectured yesterday afternoon before the Ionia county Fed- eration of Women's clubs on the sub- ject, "The New World and the New une 1.-A living mem- V. Debs, in the form of e lack of money will be ere all may live in a sphere," may become a rg to Mrs. Kate Rich-; .son reform agitator, in Woman." mar mat Enl Flac Out IIIIII Iill If IIIlllilllltIIIH ~ll i[1tt111 lfltl ll .I Kodaks - Films. eur Finishing largements hlights and side Groups PIA13LL$-9,,D 1905 fel1lllil11111111f111111- - -11111i111I1 "Profits for the year will not be as large as they were during war tim, but they will not be as small as they were before 1915," according to the article, "Is. a Business Revival in Sight?", by Prof. David Friday of the economics department, in the June number of the Review of Reviews. Professor Friday states that revival in the buying of things which the pub- lic needs in order to maintain its or- dinary standard of living is rapidlyI approaching normal, while the demand for durable goods such as copper, iron and steel is reviving less rapidly. May 1920 High "In May, 1920, wholesale prices stood at 272 per cent of the prices of 1913," said Professor Friday. "Since then the level has declined until in March of this year it was 162. It would not be surprising if the statistics for May showed prices =close to 150 per cent of those of 1913.The extreme rise of prices had shaken the public. confidence in their future level and produced the buyers strike, which was the real crux of the business depres- sion. The fall in prices has been pro- nounced enough to bring a consider- able revival of purchases in the field of retail trade. Food, clothing, boots and shoes are being bought freely. The department stores in March and April showeda large volume of sales. Stocks' of goods have been pretty well ex- hausted and the manufacturers of all these commodities have a substantial volume of orders. This phase of our industry has revived, until its condi- tion today is rapidly approaching nor- mal. Public Suspicious "There is as yet no great activity in the production of durable goods like houses which are used to satisfy the immediate wants of the people, or for . I w I ALIN IVORY WARE *ft at graduation time , production of goods like office and fac- tory buildings, machines, steel rails, and all those things that are needed to expand the permanent wealth of the community. In the case of long-lived things like houses, the public is still suspicious of the future price level. "It seems likely now that building labor and the prices of building ma- terials will adjust themselves in a few months so that building activities can absorb a considerabletportion' of the nation's labor and other productive resources which are now idle. The outlook for the construction of new plant facilities is less favorable for the immediate future. European. Situation Uncertain "The European situation is alto-: - 1 l .. __-_---- - --_ __-1 ~ is {c . , . . , ;; , . i/l A FRIEND of mine. WHO COULDN'T speak. A WORD of French. WENT TO Paris. AND THE first time. HE HAD to get. A HAIRCUT and shave. HE PRACTICED an hour. MAKING SIGNS. IN THE looking glass. SO THE French barber. WOULD UNDERSTAND him. AND THEN he went in. AND WIGGLED his fingers. THROUGH HIS hair. AND STROKED his chin. AND THE barber grinned. AND FINISHED the job. THEN MY friend thought. HE'D BE polite. SO H E gave the barber. AN AMERICAN cigarette. .* ** WHICH THE barber smoked. AND MY friend pointed. TO HIS mouth. AND SAID "Likee voo.", AND THE barber roared. AND SAID "You BET. I USED to smoke 'em. EN I worked. * * * IN INDIANAPOLIS.- .* * * AND BELIEVE me. THEY -SATISFYI" , Air- ight Tine of 50, Ask your dealer to show you the new vacuum- sealed tins of 50 Chester- fields. A compact, con- venient and absolutely AIR- TIGHTpacking- the cigarettes keep fresh ,indefinitely. i NI Parltey-o"tf f i q r y P.0 I HERE'S a smoke that talks in any language and needs no inter- preter. Light up a Chesterfield, draw deep-and more plainly than words your smile will tell the world "They Satisfy". It's the blend that does it-and you can't get "Satisfy" anywhere except in Chesterfields, for that blend can't be copied! CH & SON CO. I EAST LIBERTY STREET A Warm Weathc )BEVI N, wonderfully refreshing an ca-Cola, in bottles, Anheuse HI 1111111 ill IIlI HIIIl~ li er Drink "'RAGES d delightful drink. r-Busch, Budweiser agie C ro. !1l!!!l11 C!!1!111 .1i1it1 gether uncertain and promises no re- lief at an early date. But with more than six million farms actively at work bringing forth a volume of product which will approximate $15,000,000,000 in value for the year, and with the greatest consuming public in the world demanding goods to maintain their high standard of living and to improve the standard of housing, we may ex- pect a substantial degree of prosperity for the year." . AR E T T E , Bever Phone 1948 11111111 1IIn I 111111111111111i APPOINTMENTS ANNOUNCED TO CRIMES LOWER STAFF1 i Appointments to the lower business staff of the Chimes for next year were made yesterday by Thomas C. Truss,! '22, business manager, as follows: G. C. Beeman, '23, L. B. Ettblson, '24, Meyer Frank, '24, M. W. Meade, '24, V. F. Rohe, '24, F. H. Sime, '24, A. M. Smith, '24, E. U. Swink, '24, F. C. Swi- gert, '24E, J. Kent Torrey, '23, John alm Beach i I 4 LIGGETT & MYERS TOBACCO Co. F" Automobiles for Ire By Hour or by Trip REASONABLE PRICES Cars running to Whitmore Lake d every day $.00 Round Trip Phone 903-M Not less than five Passengers KEEP A TIGHT GRIP ON YOUR -"OUGH - SEE HOW FAR YOUR CASH' W1 LL C7 I EVERY man is in duty bound to protect his finances. Every dollar you get a hold of should be examined closely to see how much comfort-value it contains. Any of'1 your money that is spent here for plumbing will bring you the prper re- turns in contentment. DETROIT WOMiN y Suits AND Warren, '24, and H. A. Zeldes, '24. DON'T FORGET TO OBTAIN SOME OF Vhite Flannel Trousers PRICED FROM $10 TO $25 HAVE YOUR SIZE IN STOCK-WHY NOT IE IN AND RESERVE WHAT YOU NEED WHILE THE STOCK IS NEW? SWAIN'S Views of the Campus and Huron River for your M-Book. Especiallh careful service in film developing and printing . r One of the oldest firms in Detroit is receiving applications from University Women for positions on its sales force. The remuneration is exceptionally high and the opportunities for advancement are greater than in any other field to which women are eligible. Applicants for these positions must be residents of Detroit. Permanent positions are open to graduates. A limited num- ber of Juniors can secure employment for the Summer. One University of Michigan Woman, Class of 1915, earned $519.50 with our organization in her first month. .'This woman left social service work to enter a more remunerative field, where she had the opportunity of mpaintaining her right to compete with business men on an equal basis. The application of college training in 'History, Sociology, psychology and Economics in the sales field is direct. ACol- lege Woman is as eligible- to sell *as she is to teach. The methods employed in each field are the same. A short course of training is givven all applicants selected for the work. Application blanles will be mailed on request. JOHN WARD HOWLAND, INC. Established 1S59 833 Dime Bank Building, Dept. S. DETROIT; MICHIGAN '"""""l~l BERENAK & MARTIN for amateurs. L IALCOLM PLUMBING HEATING REPAIRING Phone 2452 820 NORTH MAIN STREET A Representative of the Company will office of the Dean of Women Wednesday, 3 a. m.-1:30 to 4 p. m. view applica S, 1921, froze t 713 E. UNIVERSITY AV. .1111