NEBRASKAN
K1LC0SH CUIUS PRICE
OBOP MAY BE PERMANENT
NEBRASKA PROFESSOR GIVES HIS
VERSION OF REDUCTION.
Member of Business Administration
Staff Discusses Causes of
Slide In Costs.
Professor Russell D. Kllborn, of the
College of Business Administration
at the . University, In discussing the
decline of commodity prices, says
that the fall has the appearance of
being permanent SpeaJUng ou the
subject he said:
"The fall In prices, which has been
looked for eevr since the cessation of
hostilities early In November, 1918,
has come at last. The newspapers
have been fnll of notices telling us of
the reductions made in the prices of
automobiles, lumber, wheat, sugar,
wool and many other commodities
It appears, therefore, to be a fall in
the price of most goods and has the
appearance of being permanent, guile
unlike the Blight price reduction that
took place directly after the signing
of the armistice. This fall in prices,
due largely to psychological consider
ations, waa of Bhort duration for
within two months the price level
began again ita upward flight and did
not atop until a few months ago.
Since then prices have been dropping,
especially during the last six weeks.
Causes of Price Decline.
"How are we to account for this
fall In the price level? To what in
fluence is it due? Two causes that
have been of importance in bringing
about this result are the great in
crease In the eupply of goods and the
banking policy officially adopted by
the federal reserve board. Each of
these causes is important enough to
justify some little explanation.
"Last spring the outlook (or crops
in this country was bo bad that it was
freely predicted that the high price
level would be with us for more than
another year. In many instances we
were told that crops were only about
60 per cent of normal or even less.
Little by little, the cropssituation
improved, and with the Bingle excep
tion of cotton the outlook for this
crop Is improving daily, if we are to
believe the reports that come from
the government officials at Washing
tonthe yield has been enormous.
Corn and wheat, potatoes and apples,
for example, have been produced in
such quantities that the main prob
lem is that of securing the cars neceR
sary for marketing purposes. This
Increase in the supply of goods ha?
helped to lower the price.
"Another condition making for an
increase in the supply of goods, espe
cially manufactured commodities, has
been the slow but steady increase in
the efficiency of labor. The reports
of the federal reserve board indicate
that the labor situation has improved
materially during the past six months.
While wages have not fallen the out
put of labor In many cases are lower
than they were last March. It seems
likely that in this way rather than
by a reduction in wages, labor costs
will be reduced.
"The federal reserve board has
officially refused to extend loans to
individuals who want to use them to
Jceep their products for a higher price
level. A delegation of cotton growers
interviewed the board and this policy
announced to them then and to others
before has been sanctioned by Secre
tary Glass. The result will be that
individuals will not continue to hold
their goods for a higher price level
but sooner or later will sell them for
what they. can get This policy will
"help to bring the prices of goods
down.
"Will prices fall to the pre-war
level? The increase in railroad rates,
the tax burden made necessary by
the war, and the higher interest rate
caused by the tremendous demand for
our capital abroad are some of the
causes that will keep prices Trom
falling to the ante bellum level."
Have you heard the dope about
Rosewilde on October 29?
Hiram "Smithers claims to be a
self-made man."
Maude "That relieves somebody of
a terrible responsibility."
WANT ADS.
1X)ST Gold Eversharp pencil on
chain, near Chemistry Building.
Return to Student Activities office.
It
LOST A set out of a cameo ring
somewhere on the campus last
Thursday morning. Finder please
rn ms7. 11
Lily Bishop, pianist, parties, etc.
Phone B3949.
:LBT Stafford's rwatass Orisssa
Graham. Unl's master aaxophcwfct
Call L656S.
Curls? No! No! Marcelled Hair
'Neath A Net Is The Vogue!
Only two weeks have past and yet
the little up-state loss has undergone
the first step towards disfiguring
pardon, transfiguring is the word
herself into the approved and much
in evidence "type." No longer do her
flaxen locks fall softly in place, but
Instead her crowning glory has
reached proportions beyond all ex
pectations of the young druggist at
home whose hair tonic was guaran
teed to start anything or atop any
thing. Mother had confidently told the
Ladies' Aid that daughter's hair was
quite curly when she was still a
youngster. Fond parent should view
it now. A Marcell has stamped its
exactness. It gleams metallically,
running its course back and over the
top of the symmetrical abundance.
Although father is kept busy at the
general store he still concerns him
self with his little girl's welfare. She
had written she was getting another
Marcell Friday. He quickly wrote
back that chocolate sodas were not
half as rich and lots healthier.
A Matter of Education I
It is all a matter of education. One
must have each tiny hair enmeshed
under silken threads of a net some
times two, or often three, depending
on the protrusion. She has learned
the trick of carrying her hat, label
outward, too. Not even a hat must
spoil this coiffure of my litiln lady.
The first alteration has passed. In
rapid succession others will follow.
The elevation of the chin, for in
stance. Not too high nor too low.
A certain swagger with her shoulders
carried half-way in a shrug. And
soon the change is complete. The
finished product will pass in review
before the "rail hounds" without even
as much as stubbing her toe, or
dropping her books at the wrong
time. In other words, she will
mingle on the "stamping grounds"
with perfect ease, no longer a feast
for appraising eyes.
Huskers Defeat Aggries
By One Touchdown
(Continued from Page 1.)
spoiled another counter. The Husker
quarterback played a brilliant game,
exhibiting excellent judgment at all
times. His head work was a decisive
factor in the outcome and many times
was responsible for getting Nebraska
out of tight places.
Both teams resorted to punting a
great deal. In this department Weller
of Nebraska and Ratekin of the
Aggies practically broke even. Weller
booted nine punts for a total of 391
yards while Ratekin made the same
number of kicks, totaling 388 yards.
The famous triple pass play of the
Aggies was used only once during the
entire game and then failed to gain.
The lineups and summary:
Nebraska Colorado Aggies
Swanson le : Ratekin
Pucelik It Dotson
M. Munn Ig McMichae)
Day (C) c Myers
M. Munn rg Bain
Weller rt Nichols
Dana re Bresnahan
Newman qb Donaldson
Hartley Ih F. Hartshorn
Moore rh D. Hartshorn
Wright fb Scott
Substitutes Hubka for Wright;
Wright for Moore.
Touchdowns Hubka.
Goals from touchdowns Day.
Officials Referee, E. C. Quigley,
St. Mary's College. Umpire, Dr. J. II.
Reilly, K. C. A. C; head linesman,
L. J. Quigley.
Time of quarters Fifteen minutes.
Score by quarters:
Nebraska 0 0 0 7 7
Colorado 0 0 0 00
Engineer Grads Find
Attractive Positions
That graduates from the College of
Engineering of the University are
finding places in their profession is
rather clearly indicated from letters
received by Dean Ferguson from
alumni responding to the 1920 news
letter of the college. Selecting at
random from the data submitted for
the alumni directory for clianges and
corrections in address: Raymond E.
Dumont, civil engineer, class of 'OS
is now superintendent of construction
on the new $1,000,000 plant for the
Griffin Wheel Company of Iowa. ITis
home is in Omaha. Nate W. Dones.
mechanical engineering, '0", is a con
struction engineer at Dallas, Tex.
Harry N. Cain, civil engineer, '11. is
contractor for the Bolton-Pratt Con
struction Company of Cleveland.
Louis P. Arms, electrical engineering.
'13, is mechanical engineer for the
Cudahy Company, South Omaha.
Arthur C. Linstrum, civil engineering,
'15, is manager of sales office for the
Concrete Engineering Company of
Des Moines. Lester A. Bratton, elec
trical engineering, '11, formerly with
the Nebraska Telephone Company, is
now commercial engineer of the
American Telephone and Telegraph
Company, New York. Harry L. White,
electrical engineering, '11, is superin
tendent of gas engine and machine
shops of the Empire Gas and Fuel
Companyj.St Joseph, Mo.
Women.
A woman is queer, there's no doubt
abput that
She hates to be thin, and she hates
to be fat
One minute it's laughter, tue next it's
a cry
You can't understand her, however
you try.
But there's one thing about her which
everyone knows
A woman's not dressed till she
powder's her nose.
Student Life.
Program Planned For
Homecoming Day
(Continued from Page 1.)
participate in the day's festivities. In
this way, according to the committee
In charge, they will meet again
former students of "days gone by."
The committee urges out-of-town
alumni and ex-students to advise the
secretary of the Alumni Association
by postcard to reserve plates for them
and their friends at the luncheon
Saturday.
Best Game of Year.
"The Nebraska-Notre Dame game
will be the sensational football battle
of the year on the home field, and we
expect a big inflow of 'the old fellows'
and football fans, with their wives
and families in tow, to root for Ne
braska's team," declared C. W. Pugs-
ley, '06, president of the Lincoln
Alumni. "Every Nebraska 'grad' and
former student living in Lancaster
county Is expected to telephone Mrs.
J. E. Gavin, '07, for a place at the
homecoming luncheon and reunion."
Reservations should be communicated
to Mrs. Gavin at F2969 as soon as
possible because it will be an impos
eiuiilrj to accommodate everyone who
wishes a place at the tables. Out-of-
town ahimnl may make reservations
by writing Miss Annis Chaiken,
alumni secretary, at her office in Ad
ministration Building.
Officers and executive committee of
the Lincoln club in charge of the
homecoming festivities are: C. W.
Pugsley, president; Mrs. B. F. Good,
Guy Chamberlain Signs
With Decatur's Eleven
According to reports received here,
Guy Chamberlain, star Cornhusker
football player during the seasons of
1914, 1915 and 1916, has signed up
with the Staley professional grid
team of Decatur, 111. This announce
ment was made Friday. The Staley
team is said to be one of the fastest
professional football aggregations in
the country and it is rumored that it
will make a good contender for
honors with Edson Shaw's "All-Star
Eleven," which numbers among its
.layers Schellenberg, '20, and Ted
Riddell.
George Ilalas, former Illinois and
Great Lakes ttar in both football
and basketball, is managing the
Staley team. The Slaley "stars" have
been dickering for games with Shaw's
eleven at Omaha. The official name
of the Decatur eleven is the Staley
Corn Products team.
UP ON THE MOUNTAIN.
"Who was Nero, Rill?" asked one
student of another, "Wasn't he the
chap who was always cold?"
"No," said the wise student, "That
was Zero, another guy altogether."
Exchange.
JUDGE MORNING TALKS
ABOUT LEGAL PRACTICE
MEMBER OF DI8TRICT BENCH
SPEAKS TO LAWS.
Plea for Better Type of Lawyer
Made at Third General Lecture
. of the Year.
""Be efficient in the art of practicing
law," said Judge W. M. Morning, who
for four years has been a member of
the district bench and who has prac
ticed the legal profession in Nebraska
for over thirty years, at the third
general lecture in Law 101, Friday
morning at 11 o'clock.
Judge Morning believes that every
man who begins the practice of law
tries to follow in the footsteps of
some prominent Jurist of the day. If
the man who is held up as an example
of all that is worth while is a lawyer
who wins his cases "by hook or
crook mostly by crook," the young
barrister is apt to develop into that
kind of a public servant, according to
the speaker.
Must Have Broad Vision.
"A lawyer of the best type should
be a broad American whose vision is
bigger than any law suit," continued
udge Morning. "Some lawyers work
off nothing but 'blue sky on their
clients.
"The courts constitute the only
branch of government that is standing
pat' that isn't wobbling at this
moment"
Judge Morning closed by telling the
250 students that Nebraska Law Col
lege is destined to become one of the
best in the country.
THE END OF JANUARY.
'20: "Hello, old boy. Sending home
for money?"
21: "No."
20: "What are you taking so much
trouble for? You have been over an
hour writing that letter."
'21: "I am trying to write home
without asking for money." Exchange.
$5.50
for this genuine
hand boarded cow
hide bag, in black or
tan. Also brief
cases, music rolls
and portfolios at
special prices.
Benway's
Corner 11th &0
Kj Lynn Lloyd, U. of N. '11, Mgr.
si
8
YOUR O'COAT--
Let us put it in shape for you.
We refine, remodel-so it looks like new
You can save the price of a new overcoat
by calling
B1338 ECONOMY'40
$7.50
Buys a Nine Months'
Student Membership
in the
Lincoln Y. M. C. A.
INCLUDING Be
Swimming Pool Physically
Shower Baths Fit
Gymnasium Classes
Employment
Can You Reading
Afford to Writing and
Miss It! Game Room
I
r
John B. Stetson
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$6
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EIFFEL TOWER
Sl(oit of the famous buildings of the world
art equipped with Otis Elevators
The EIFFEL TOH'E'HJih its head nearly
one thousand feet above the city of Paris. Count
less people have made the trip to the top to see the
glory that was, and is and always shall be Paris.
Millions have seen the Eiffel Tower ! Many more
millions have read of it, yet comparatively few
know that this the tallest structure in the world
is served by Otis Elevators.
It could hardly be otherwise. The name "Otis"
epitomizes the very beginnings and also the latest,
greatest achievements in vertical transportation.
OTIS ELEVATOR COMPANY
Officej in all Principal Citiet of the World
BUSINESS TRAINING--
Is Essential. f
Plan to take some work this year. We can arrange
classes to suit your hours. Ask for catalog.
Lincoln Bucinoss College
Accredited by Nat'l Ats'n of Accredited Com! -Schools.
L. B. C. Bldg. ' 14 and Pt St B6774
11
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