THE DAILY NEBRASKAN
The Daily Nebraskan
PROPERTY OF THE UNIVER8ITY OF NEBRASKA.
Office Administration Building. Lincoln, Nebraoska
Telephones:
Day Olllcc H-1888. Editor 1)1518. Managing Editor H-3844
Night Oilier IM204. Huslness Malinger H-1821.
Editorial Staff:
HOME MADE BAKED GOODS
Cookies, Pien, Cnlte, Holtum Bread, Fnncy Pattrira
Editor-in-Chief managing tcmor
C. L. REIN,
Associate Editor
J. L. OUTRIGHT, ELIZABETH MASON C. NEIL BROWN
Scribes:
. .. n T D..1..I. HI,,,-,I
n V l.vmntl I' TPU K WfMIH I. ivaiiJii iywwi
Homer' Phillips Howard U. Hlttlnger
Clarence Spelr I. K. Frost
Society Reporters:
Claire Hardin Winifred Sceg.r
Hortense Kauffman
Business Staff:
Manager (' Huchanan Assistant Manager -J. I.. Driscoll
Circulation Mannger T. Erlo Keefer
Subscription $Y.OO per year In advance rents per copy.
Entered at the p'osTolceTaTLincoln Nebraska, as second class matter
under act of Congress March :?. 1870.
FRIDAY, APRIL II. 1913
KENNETH M. SNYDER
Paul I, Martin
F. M Kadleck
Ethel Arnold
Ruth Squires
M-
tsyr
Cafe
Open after the Shows with "GOOD THINGS TO EAT"
1325-31 N STREET
CALENDAR
FRIDAY. APRIL TI ' "
'i Heta Phi Formal Party.
Sigma Phi Epsilon Dancing Party
Temple.
I Mi i Gamma Delta Dancinu I'arty
Walsh Hall
Sigma Nu House I'arty.
acia House Party.
Hand Concert Temple.
Agricultural Picnic State Farm.
I'uion Literary Society.
Palladian Literary Society.
SATURDAY, APRIL 11!
Delta Gamma Formal I'arty
vestois the nerd of developing an in
rHlsrry- nn The high yens Thus, con
cludes Mr. Rasmoud, from natural
cause, li no means damaging to our
prosperity, our ships withdrew from
the toreign carrying trade.
Mr. Rayinond concentrates his attack
on a ypecial suhsidy the Merchant Ma
rine Commission of lf0l suggested tliat
we pay live or six regular steamship
lines plying trade hetwen the United
States and various South American
ports The supporters of this suhsidy.
SPRING LINES
Kappa Kappa Sigma Dancing Part says Mr Raniond. are firm in the he
-Walsh Hall
Alpha (Mil Sigma Dancing Part
Music Hall.
Ag Cluh aDncing Part Fraternity
Hall.
Ag Kid Party Agricultural Hall.
Achoth House Party,
t'nion Literary Society Banquet.
FOREIGN TRADE AND SHIP
SUBSIDIES.
By Anan Raymond.
Anan Raymond's thoughtful article on
"Foreign Trade and Ship Subsidies, '
published in this month's Forum, is to
some extent a vindication; an atone
meiit for consenting to debate last ear
in favor of ship subsidy. In Hi it art i
cle Mr. Raymond takes an emphatic
stand against the subsidy policy, and
completely refute his convincing argu
ments of a year ago by showing con
clusively to his readers (he bounties
to American ships will neer increase
our foreign trade
After briefly reviewing the maritime
history of the Cnited State, wind'
shows how much our couniis has tall
en behind in the m erst a e,irrniu
trade, he enumerates the causes lor
the decline of Aineiieaii shipping The
Ciil war drove our essels fiom the
seas. Cheap English iron replaced
more expensive merican wood in the
construction of ships A protective
tariff diverted American capital from
the carrying trade into the more profit
able protected industries And finally,
the great internal expansion of the
Cnited States has required all of our
ready capital without suggesting to in-
lief that they will increase our for
eign trade by finding us new markets
in the new and developing industrial
areas of Latin American. This belief,
.declares Raymond, is erroneous.
ibount to a business that can't pa
without it is lust that much inonev
thrown away. While we must have
new markets, facts do not sustain tain
assertion that we must have specially
subsidied steamship lines in order to
get tlnse markets Without the sub
sidy, our trade with South America
has trebled in ten ears Without the
subsidy, our trade with the Orient has
experienced a similar increase. In the
light of statistics, it would seem as
much of a waste to start steamship
lines before we have a trade as to start
delivery wagons before opening a gro
cery The old expression, "Trade fol
;lows the Hag." Mr Raymond shows to
I be a reciprocal tallac , wrong which
i ever way ou read it Practically and
theoret icall , there is no foundation tor
the belief that ship subsidies will in
crea-e our loreign t rade
To compete with (icrmany and Kng
laud m the race lor Spanish American
market, we must cater to the needs and
wants of such peculiar customers. We
, must supph them with their custotn
jais wares; sell them poorer goods at
lower prices; give them as much credit
us they can get from the Oermans;
build them more American hanks; send
them a regiment of traveling men who
can talk and live like Spaniards; and
s.- :--rr-x
' S M MM M&S (fW
JUliewz
I
OF
OXFORDS
AND
PUMPS
NOW
READY
$3.50to$G.50
mim
SHOE DEPARTMENT
We serve the purest and
best HOT and COLD Re
FRESHMENTS in the city
Huyler's Chocolates
$1.00 Fountain Pens
$1.00 Safety Razors
Student's 3-Course Lunch, 25c
7e2fr'tih
aJnllGr
0 J Tjm T M 97Fm9kga J jfKfc. Jmmk
Continued on Pago 4.)
TAN BOOTS FOR THE WOMEN
English Lasts. French Styles
in the more conservative Lasts.
All Good Wear Welts. $5.00
and $6.00 Shoes.
MY PRICES ARE $2.95. BUDD
The:
University School of Music
Kstablished 1894
Thorough instruction by modern methods in all
branches of music, practical and theoretical.
Pianoforte Voice
Pipe Organ Violin
All Wind Instruments
Public School Music
Apply for information 10
WILLARD KIMBALL, Director - - - 11th and R Sts
1
i
4
i
4;
