.,b r A The Daily Nebraskan ) LINCOLN, NEB., TUESDAY, DECEMBER 17, 1901. fe ' I, -V ,S- : I rw Wli v VOL. I, NO 04 SHOULD EXTEND TRADE. Profossor Taylor Advises the Exten sion of Trade with Foreign Nations Discusses Reciprocity. Professor Taylor resumed his tulk yesterday at convocation on re ciprocity as treated In the president's message. Flo quoted the argument thai a country must buy as much as It sells; if it buvs from - ono country more than it sells to that country, it must soil so much tho moro to other coun tries, in order that there may bo a final balancing or trade. This would be ail right, he Raid, if the conditions which the argument prosupposcs were truo. The argument takes tho ground that trade conditions have settled to a permanent state. It sup noBos that the present state of affairs is advantageous and that any disturbance in the course of trade is disadvantageous. It furthor sup poses, said Professor Taylor, that differences of trade are differences of production and that production takes place whero it is easiest. No consid eration is taken of the fact that the place of production and consequently the course of trade may bo moved. In answer to these suppositions Professir Taylor maintained that trade is not always established by reason of apparent advantages, but sometimos by racial relations, as is shown by the fact that many En glishmen In Argentine trade with England when the United States is in a bettor position to furnish the ar ticles sought. lie declared that tne samo efforts should be made to found a foreign trade as to found an Intern al trade. He showed that sacrifices aro made to further internal com merce and that it is as incumbent upon the government to. make sacri fices in order to find foreign markets as it is upon tho foreigner to seek our markets. Professor Taylor then minted the president's message to the effect that it should bo tho purpose of tho gov ernment to extend its markets. lie defined tho reciprocity policy as the poncy of trying to extend markets bv means of offerlpg inducements In tariff rates to foreign countries. Ho maintained that there is not much free trade about tho Dingley law be cause it allows reciDrocltT in connec tion with certain articles only to the extent of 20 per cent which makes tho tariff about wJuiklt was under the McKlnloy law. "Professor Taylor claims that tho great question with regard to recip rocity Is whechor tho government shall adjust trade relations or wheth er such adjustment shall bo loft to individuals in the natural course of trade. COACH BOOTH WILL REMAIN. A contraot has been made between the athletic boara and Coach V. (J. Booth by tho terms of which tho lat ter agrees to remain with Nebraska for tho next football season. This puts to rest tho disquieting rumors to tho effect that Coach Booth has neon contemplating signing a con tract with Wisconsin. OFFICERS TO GIVE A HOP. Tho officers of t ho cadet battalion will give a hop in tho near future. This waB decided on at a meeting of tho ofllcers yesterday afternoon after drill. An organization withM. U. Lawler as President and T. H. Goold a Secretary-treasurer was effected. A committee to take chargo of tho hop was chosen as follows. J. It. Farncy, Chairman; V. P. Wallace. MaBter of Ceremonies; J. C. Lawler. Tho date of the hop will be an nounced In a fow days. PHILOSOPHICAL CLUB MEET ING. Dr. II. B. Lowry of Lincoln wlllleo turo on "The Human Brain" before tho University Philosophical Club on Wednesday evening. December 18 at 8 o'clock. Just previous to the lec ture a business meeting of tho mem THE ARTEXKIBIT. Mastorpiocos to bo Brought From Buffalo Tho Best Exibition in the West Tho Opening Reception. Tho Nebraska art association will iioln Its annual art exhibit in tho art rooms In tho library hall begin ning December (5 and lasting until January 10. The association is most fortunate this year in obtaining a collection of lino works direct trom the Pan American exhibition, which Includes somo of tho finest pieces now open to public lnsoection. Tho first night will bo one worthy of remark as the elite of Lincoln will gather at an informal reception in tho art rooms and thus open tho ex hibition. The reception will bo open to all holding tickets and receiving will bo preformed by prominent ladies of tho city. Tho greater part of tho display thiB year will be Included In those pic tures brought from outside tho stato. It is feared Nebraska and the city will not be so woll represented and therefore it is urged through these columns that the Lincoln and state artists desiring to enter work will mako it known by their application J The Daily For 75 Cents. The Daily has made the unprecedented offer of 75 eentB for the remainder of the school year. This is made with the intention of running the subscription list up to 1,000. At this price no student can afford to be without the paper. If you have been borrowing your neighbor's paper, cut out the coupon found in another column and return it with the proper amount of money. You will then receive a copy of your own every day for the rest of the school year. THIS OFFER will positively be withdrawn De cember 25th. Solicitor can learn of a money making proposi tion by calling at the Daily office, 134 N. 11th street, hers or the club will bo held at 7:30 pin. The members aro urged to at tend the business meeting and all in terested will bo welcome to the lec ture, whether members or not. Tho meeting will be hold in Room 109, Library Building. HOLIDAY BATES. It bas been announced that tbo holiday rates for studen s will not bo put in effeot until Friday evening and Saturday. Students leaving bo fore that time will not get tho bene fit of any reduotioo. Certificates to enable students to take advantage of tho reduced rates will be Issued from the exooutftyo office Friday and Saturday. When In doubt buy Tumblo Weeds. CIVIL SERVICE EXAMINATION Hie, Uiilveisity has received word that tho Civil Service commission will hold an examination on January 21 and 22 at Omaha, Grand Island and Beatrice, for the positions of Ir igatlon assistant and irrigation en gineer at a salary of $,1500 por annum each. Persons desiring to compote should apply for application form 304 and 375 to the D. S. Civil Sorvlce Commission, Washington, D. C. JONIORS CHALLENGE SENIORS The Junior class nerobv extends a challenge to tho Senior class to plav a game ot basket ball, said game to be played soon after the holidays. J.M. FERGUSON, Captain Junior Basket Ball team. The first vear Domestic Sofenco class took up tho stuoy of doughs yes tor lay. They began with bjsotnts. immediately, because of tho usual rush which comes during iho last few days before opening. The ex hibitors will by so doing obtain, much better accomodations than otherwise. The number of pictures from Buff alo will bo about oJghty, among them, worthy cf remark being Blashflied's "Angel with Flaming Sword," one of t61presrTt"(lay masterpieces and the Shaw eroiiD. The latter have takeu tho Shaw prize in New York and are not surpassed in modern ait. These pictures will all bo first class as they have been judged by the best and leading orltcis of the a ay. They are exhibition pictures in themselves which makes them tho moro useful for art balls. Tne piotures also are productions of more prominent painters than those formerly shown. Soason tickets to the members of tbo association arp ono dollar, but to students and teachers a rato of 5d cents is made. This places within reach of every student tbo possibility cf visiting tho art rooms during the days of tho exhibit at any time, and of studying at his pleasure these beautiful works of the masters. The oxhirjltion in itself is worthy in the THREE CENTS fact that it is tho best west of Chi cago Including Omaha, Dcnvor and St. Louis. ENGINEERING NOTEb. W. M. Mundorf, 02, familiarly known as "William Waldorf" re turned to Lincoln last Saturday from Wyoming. Ho expects to coraploto his work noxt semester, Edward A. Bcssey, '08, was shak ing hands with his friends in Mecha nic Arts hall yestorday. Aftor spending two weeks vacation at homo ho will return to Plitsflola, Mass., to continuo ills work in tho Instrument testing department of tho Stanley Electric Co. Gustavus Babson, '04, Mold drafts man In a B. & M. surveying party located about 100 miles northwest of Billings, Mont., writes that ho is en Joying his work at tbo rato of aboub 14 hours a day. With about 12 con genial companions and a good cook, Babson admits camping In tho wild erness is not so lonesomo as might bo expected, even at this tlmo of tho year. Music is always plentiful after suppor and varies from tho mouth organ two-stop to the weird yolls of hungry kiotcs. A WARNING TO FRE8I1MEP.. Tho decorous quiot of the Unlvor isty Library was rudely disturbed last night about 7 o'clock by tho re port that the sophomores had put up a scurrilous epitaph In the library hall as a ohallengo to tho class of 1005. Tho postor staled on tho bul letin board long enough for every ono in the library to see it, boiore a bold freshman ventured to tear it nown. If tiic freshmen accept the chaliengo as it is thought they will, this wlli probably prccipltato a class scrap among the lower classmon. Tho poster was printed In bold jot ters and read as follows: INSIPID IMBECILES! Nauseous Numbskulls! Imps of 1005! Drink death and seek tiio cofll factory ! Tho class or 1004 having reaobed tho pinnacle of mastery and attained it, is prepared to wreak a stupendous obliteration on all who dare to buffet the surging crest of tho incaicerable avalanche of tho infinite of its intel ligence 1 Go way back and sit down I A vaunt! to other climes ye skunks I Lest-hero wo seal your fateJ , Mendota is no pest bed was to: OhlwatoPSwaTIdw-pofmeaTel For tho lana Is small and tho lake Is large. And 1905 is weak, A toss ana a jump and another ohump Will have cho shore to seokl PONDER. Who knows but that another day will 860 your olass a horde of Blood btalned 1 1 Hell Chained I ! Sonlsl Misses Laura Buchanan and Bessie Brown entertained the Eleventh Hour Club at a konsington last Sat urday afternoon. Next Saturday afternoon they will meet with Misses Llla Spurloct, Haze Hartsough and Grace Evans meeting for tho final before--iho holidays. J -' n i .7i 4 id 1 A t J. H 1 r 71 ' I ') HT 1 i ut . v M A :re3 , J t I . .jr ' - ja & i S ' 'u, - 'i it, !--. 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