4 THE MTCHTIGAN bATLY SUNDAY, OCT. a as . . a a .a u as a v a i i n L° fi !R al/ l:. r-.. . .. ..,rte j -V Ge rrnmn -South American Trade Pacts Fred Johnson Upset By War, Prof. Phelps Asserts! To Talk H ere I Community Fund Official By WILLIAM NEWTUN that many of the goods Germany had The economies of South American contracted to send to South America nations have been greatly disturbed had not yet been delivered. In addi- by the outbreak of the Second World tion, many German-built projects in War, Prof. D. M. Phelps, of the South America-the Chaco area pipe- line and the oil refineries in Bolivia, School of Business Administration, for example-were left half-complet- said yesterday. ed, he added. Germany built up a very heavy Besides, Professor Phelps com- trade with the South American na- mneGray eetyago tions during the past five or six years, mented, Germany, recently a good he went on taking raw materials and market for South American goods, food products in exchange for ma- was cut off. Many of the machines chinery and other finished products, and plants built by the Germans Aski-marks, currency good only in were found to be poorly constructed Germany for the purchase of speci- of inferior materials, he pointed out. fied goods, Professor Phelps ex- It seems that the governments of plained, were used by the Germans these countries might have foreseen to pay for many of their imports. The the possibility of these difficulties, balancebof these were the result of he continued. Their lack of fore- direct barter arrangements, one of sight, said Professor Phelps, has re- these involving the exchange of loco- sulted in part in the present economic motives for Argentine wheat and dislocations. wool. It is difficult to determine the long- When the war broke out and Eng- run effect of the war on the;economies land began her blockade, Germany of South America, he went on. These was obviously unable to continue her nations, he explained, have many exports to South America, he con- products greatly needed by the war- tinued. This difficulty was complicat- ring states of Europe; surpluses which ed, Professor Phelps said, by the fact have been growing in recent years are likely. to be sold at high, war-time Will Address Seminar prices (during the first -war-month Buenos Aires lowgrade wool prices Fred Johnson of the Detroit Com- rose to 80 to 100 per cent), and the . munity Fund Committee will speak allies will be able to purchase many on "What does the private agency do products. The triangular trade, involving the for children?" at 10 a.m. Tuesday in United States, England rand the the Perry Center at Perry School be- South American countries, will un- fore members of the Social Service doubtedly increase, Professor Phelps Seminar. said. The allies will import foods At present Vice-Chairman of the and raw materials from South Ameri- ca, paying for them with the large Budget Committee of the Detroit cash reserves they have in America, Community Fund, Johnson served he explained. These cash reserves, as the first relief administrator of Professor Phelps continued, will be Michigan during 1933 and 1934. He used in turn to pay for machinery i loa'ebro yrSaeCr and finished products which we w is also a member of th State Cor- export to South America. rections Commission. Thus it seems that the temporary The Social Service Seminar spon- dislocations of South American busi- sored by the Ann Arbor Community ness will be adjusted, and that the old Fund and privately financed, rep- problem of overproduction will be resents a group of laymen organized solved for the South American na- to study the current needs and prob- tions, Professor Phelps concluded. lems of the community. Study is Edmunds Is Given IndianFellowship Prof. Charles W. Edmunds, direc- tor of materia medica and therapeu- tics of the pharmacology department, has been admitted as an Honorary Fellow of the Institute of Sciences of India, President B. Mukerji of the Institute announced after the last annual appointments to the society. The National Institute is acknowl- edged to be the most influential scientific organization in India. The Honorary Fellowships are offeredl once a year to two or three outstand- ing foreign scientists who have made significant contribution to the cause of science. Sir Arthur HI Hill, direc- tor of the Imperial Botanical Gar- dens at Kew, England, is the other re- cipient of the honor this year. conducted through lectures, discus- sion and trips for inspection and demonstration. The project issues from the inspiration of a similar and successful project in Detroit started by Mrs. Murphy. FOUNDATION CREAM by ALL-DAY $100 WILL SEE YOU CLASSIFIED A DVE RTISING_ THROUGH BEAUTIFULLYI Do you want your make-up to stay on beautifully all day long? Do you want your skin to glow glamor- ouslythrough your powder? Do you want to be able to help keep a blemish out of sight? All-Day Foundation Cream, Elizabeth Arden's newst success, is thean- swerl And it lasts and lasts and lasts. Four Shades. ~Ge &sarry On State At Head Of North U. THE MICHIGAN DAILY CLASSIFIED ADVERTISING RATES Effective as of February 14, 1939 12c per reading line (on basis of five average words to line) for one or two insertions. 10c per reading line for three or more insertions. Minimum of 3 lines per inser- tion. These low rates are on the basis of cash payment before the ad is inserted. If it is inconvenient for you to call at our offices to make payment, a messenger will be sent to pick up your ad at a slight extra charge of 10c. For further information call 23-24=1, or stop at 420 Maynard Street. STRAYED, LOST, FOUND - 1 LOST-One Elgin wrist watch on the University golf course. Re- ward. Phone 3185. Benavie. LOST-Somewhere in campus dis- trict. Black zipper pocketbook containing money and other valu- ables. Reward. Phone 2-1583. 1124 White Street. 23 LAUNDERING-9 SUNSHINE LAUNDRY Dial 6964 6 lbs. .....97c All Items Neatly Finished A Typical 6 lb. Bundle May Include 4 Shirts 3 Sets Underwear 2 Pr. Pajamas 10 Handkerchiefs 5 Pr. Socks 2 Towels We Guarantee Careful and Efficient Work Free Mending Free Pick Up and Delivery Call Us Today 6964 ..AUNDRY - 2-1044. Sox darned. Careful work at low prices. 16 ACE HAND LAUNDRY-Wants only one trial to prove we launder our shirts best. Let our work help you look neat today. 1114 S. Univer- sity. 19 SILVER LAUNDRY 607 Hoover Phone 5594 Free pickups and deliveries Price List Allarticles washed and ironed. Shirts.....................14 Undershirts ................ .04 Shorts ......................04 Pajama Suits ............... .10 Socks, pair,........ ... . .... .03 Handkerchiefs..............02 Bath Towels............... .03 All Work Guaranteed Also special prices on Coed's laun- dries. All bundles done separately. No markings. Silks, wools our specialty. 14 FOR RENT--5 E. UNIVERSITY-Large lovely double room, $2.50 each. Take care of your room. Must be quiet. Near Field House, 1201 E. University. 19 TO LET-Riding horse for winter- to be used by one or two riders. Phone 7265. 17 ARTICLES FOR SALE -- 3 FOR SALE-Furniture of three room apartment. Some antique. Must sacrifice. Phone 9778. 21 FOR SALE-Hercules English-made bike, like new. Phone 7522 or write box 18. 24 MISCELLANEOUS -20 EXCELLENT MEALS for girls. Table for four girls available now. Near Grad. School. 1103 E. Huron. Weekly rates only. 17 GIRLS-Mrs. Gilbert, 12 years with Jacobson's, would like to help you with your dress problems-partic- ularly formal wear. Location, 339 John St. Evening appointments if more convenient. Phone 5820. 12 TRANSPORTATION -21 WASHED SAND AND GRAVEL - Driveway gravel, washed pebbles. Killins Gravel Company. Phone 7112. 13 s. I. Try A Want-Ad My Lad YOU'LL WANT TO BUY these BEST SELLERS The Grapes of Wrath; --John Steinbeck, --2.75 Children of God; --Vardis Fisher, --3.00 Black Narcissus; --Rummer Goddin, --2.50 Watch for the Dawn; --Stuart Cloete, --2.50 Captain Horatio Hornblower; --C. S. Forester, -2.75 Inside Asia; --John Gunther, --3.50 Not Peace but a Sword; --Vincent Sheean, --2.75 Country Lawyer; --Bellamy Partridge,--2.75 Days of Our Years; --Pierre VanPaassen,-3.50 Let the Record Speak; --Dorothy Thompson,-2.75 According to French sources, Germany has massed sufficient tanks and heavy artillery to launch a large scale western front offensive at any moment. German strength along the western front was estimated at two million men. Arrows indicate areas of concentration of troops and artillery., I "Foremost in Friendliness" FO LLETTS 322 SOUTH STATE DIAL 6363 take TIME to read this .WANTED-Men and Women to sell Time Magazine at $2.50 for the entire school year. Your Customer Saves 8c per Copy Liberal Commissions Are Easy to Earn Call Lou Grossman or Bud Gerson 3582 25 I MARILYN SHOPPE FORWARD-LOOKING SOCIALITES will find our selection of FORMALS DINNER FROCKS WRAPS ml I WAITLIESARE "IN" AGAINI 13 - Aw by - .,.,* i * e breasts high 1 and separated waistline Narrow bands of Lastex stripping in a high cut girdle nip in the waist in hips smoothly the way even slight youthful figures curved require to line up smartly with the Scissors Silhouette. Two concealed 50 bones front and back. Talon closing. * o thers 2.50 to 10.00 o I Wear with Formfit bra for allurinsr- Complete and lovelier than ever $12.95 to $25 NEW ARRIVALS DAILY A