ESTABLISH ED 1890 10--ad vaIAi MEM3ER ASSOCIATED PRESS XOL.. XXVI. No. 17 EIGHT PAGEiS ANN ARBOR, MlIHIGAN, SATURDAY, OCTOBER 10, 1925 EIGHT PAGES PRICE, FIVE CENTS CZECHO- SLOVAKIA9 DEBT SETTLEMENT TERMS ARRANGEDi DIFFEEN'ES IIIET111E N BODIE'S SWI AI'. R 114PE WITHIIN VT'EE I*. MISSIONS SA'TISFIED Amnerican (G01eiiiinent Acepelts Lump Siuit of I tI A~ As Basis OF AdIstment 7 KiryPage Considers World GRAYDCAE Peace Unlikely At resent;HRRSRAIN "'t'here is no chance of keeping tesilit was IIa l totr a iser Wil- peace ill the wor1ldl as it ris todaSy"'I 1Vel III, hut I(his WV 5 i5 1( I yl inpi - !~i~ l r~ hE m r n sad ibyPge re aneclr y b1 l c llic .t V a a no Istatute iiiakiiigaIII II1I said Krby Pae, fre lancecleriy ilegalfor hluau to Nw:lg e WV 1'. UnIt il HJLIII! truin, writer, and athTority on war gFtt asiat uteoutlIawing wear, we ' (fay Associated Press) WASH!INCTON, Oct. 9.-Establish- ing a record tor speedy solution of such a problem, the American and Czecho-Slovakiapn debt commission to- dlay agreed upon an arrangemnent for funding Czecho-Slov~akia's dlebt to the ! United States. All -differences were swept aside. the formula of settlement worked out1 and an arrangement made for sign-j ing the formal (documents within a week after the Czecho-Slovakian mis- sion had arrived in this country. 1 The American --govern ment accept--i ed, subject to Congressional approval a lump sums of $15,000,000 as the l3asi, of the settlement upon01 which the anp-- nual amortization payments will 130 made, conceding a redluction of $2,-, 6711,095 from the obligations as shown_ by treasury records. It; also agreed to a rate of four and one-half per cent for computing accrued interest in advance since they were made at the rate of three per cent from June 15 last to June 15, 1935, and three per cent for the remainder of the 62 year I amortization period. Czecho-Slovakia was given terms which their representatives said would enable her to carry out the contract without disturbing her gov- ernment's fiscal affairs. She will be allowed, bieginning next December, to hay. $3,000,000 annually on p~rinciple and interest through the first 18 years of the agreemzent's op~eration after which the payments will ap- proximiate somethinag over $60,000,000. The total she will have pail in prin-- cipal and interest when the debt is du~ally extinguished] will be in the neighborhood of $300,000,000. Architects HearI Onderdonk Speak On Construction} "Rcentoi cod concrete is being used more every day in artistic buildings and it will not be lonig before it is used almost exclusively by the builder of beautiful homes;" said D)r. Francis S. Ondcialenk of New York city in a spleech to the studlents of the archi- tectural college yesterday afternoon. Pr. Onderdonk who received his ar- chitectural training in Vienna belongsl to the mnoderni school. In his speech, he advocated the use of reenforced concrete in artistic b~uilding and not merely in the factory type of building.1 He cited examples where concrete has been used for decorative effects and has produced beauvtiful buildings.I *Wth an imp~rovement which be feels can be mnade in the cement gun, mar- velous effects could be produced in coloring con crete buildings. The clay of the highly ornamnlfted1 building is past lhe said, "For in our days of rush and hurry, people have no time to look at small ornanments and (deco- I t t r , In his add ress on ''The Need for World! ci n nelver mov e vw'ry fa r owar'dS Organizzation'' given before the St ate j r enzti ugftit lr e coil i(t . To11 ar Student council of Y. M~. C. A. associa- m!tlind, thi'i'e are 1two)Steps which st and tions last night at Lane hall. "los- outt as iinmedif e n ecessities in any tility b~etween p~eoples is increasing, p~lanvwhich this (sauntry can adopt the weas)fl of war aiie becoming toward tihe elimiiiat i( ,) of futunre wa rs. more and more deadly. Thlie explauI These are:e at ry inut o hle XWor d (Court. at ion is M4h,: the 60 or more mlt ions and psaeof