January 22, 1919 FINANCIAL STATEMENT OF ATHLETIC ASSOCIATION Annual Report of Graduate-Manager Shows that Penn State's . Athletic Financies have Normal Appearance Despite War Conditions and Decreased Interest in sports : ttttt ual financial statemmt of the gain ui $111h!.52. it will he seen that Pennsylvania Slate College Athletic . during the latter 3 . .11., the finances en- A„..,,,,iation for the year ending Atignst . perieneed a gain of 5535:11. For the 31 . it•ti. has been made I.llllio by year ending August 11, tom the gall thaduate-Manager of Athleties, Neil was $3,t 1 :19.15. and for the year 1915, the 31. Fleming. Despite the fact that all multi $2.1:12.59, so that the sur athletic affairs trove in turmoil on ac- : plus this year h.; more like that of nor count of the Star. amt the 1111!0.110 there. mat than it has been since the United fore necessarily decreased, the state- I States ~ moved tile war. Of course, it moat, however, shows that Penn State's 111110 t to remembered that the Income athletic linanees lin e r Made a decided trip'.,) the various sports var:es from C am over 1111150 for the year ending year to year, awl as a certain sport August al, 017, a year in trhieh col- one year brings in a large sum, the lege athletics were more near normal :next nmy find a 11111eil smaller one. conditions. • The linancial statement as given flint Far that year. the surplus was $5(17.11. •hp the Athletic Associatlon Is ;is (01 and when this is compar.l with the 1018 laws: • 5F3131 I(V OF INCOME A NII EXPENSES Coteral .IF.ociation Aveutiot $ Sul.lent. Fees 1917 rootball Ito net e 511011.9 - 1915 MlFellglii 110 net expense) -- 191 S Track Ito net expense) -___ • Sports ArprOplialii.ll: I tasketha II V. 1.11 Wrestling 455.3:1 Soccer 6.78 Lacrosse 16.65 Tennis itain for 1917-IS Cash in chocking netiount Cash in sinking fund at felt) cash 4.11 illlll , l Mileage on I‘,lll l l Juvisaments -stocks and bends ___ Inn, furniture anil fixtures furniture Ilxtures Athletic field Wilding Advanced al,ol/111. .If ISIS fentliall MEM Accounts payable __-_ Surplus Sept. I. 1917 (::tin 1917-IS ')R. MARTIN I)ISCUSSES ;.hose 1.1 which Porto Itieo was annexed THE IVIONROE DOCTRINE . :'m l (:"'` "."" '""` I " " " r " t " et "'" t '; tittle later the Canal Zone was leased (Continued from first page) on terms that :11111111111,11 to 1/000.101111 :nuo•sation. and the 1/011111110011 Itepub- I ill/101011:11 trade with all parts of lie soon ca n tle under the linancial stiperVi tile Chinese empire:* This same iirin,,,dott of the I 'shed Slates. Dating the : in th e ' s ee m 8011 0/1111i111S10:1:1101 tee 111100 C . ::101111,111011; agreement. This policy. you protectorates over Itaiti and Nicaragua.' will readily see. Is merely an extension and purchased the l'etitisit West 11111106, 11r the Monroe Doctrine to China. t••urthertuure we brie secured control In Centrist and South America the of Most of the available canal hostility to the Alonroe Dnet•hte has. acquiring n number of valuable coal- i great l y i ntenn id e d d ur i n g the past hug SI:10111N :11111 !lave undertaken the twenty years a sa result of the mph!. task of policing tlll l l supervising territor:ai expansion of the 17tilted lotion in dismderlY countries over States in the West Indies :11111 Central r witlelt we have no direct Political con- i America during these years. Further- • more. the construction and operation of the Panama Can al. which has indeed been an important factor In that ex ininsion, has rendered inevitable the adoption of a policy of naval suprem acy in the Carribean and the enlarge ment of am• political policies in that re gion. 000 first acquisition of territory in the Carribean Zone came as a result of the Spanish-Americati war. at the GET A BAY STATE LEATHER JERKIN To Keep Out Wind and Cold BARGAIN AT $6.00 POSTPAID Made of genuine sheepskin, lined with real moleskin, windproof, sleeveless sport jacket. For mo. toting, golfing, tramping, snow. shoeing, fishing• hunting any outdoor sport or work. High or low neck for men, V neck for women,Moneyback if not satisfied Sent carriage free upon receipt of $6 LYONS MANUFACTURING CO. Don't you sometimes hate to Shave Yourself In the Morning? Guess you remember a few mornings ago, when you stood for a couple of minutes Everything trying to make up your mind whether you would shave yourself or not. You hated Necessary the idea of starting the day with yester day's whiskers on your face, but you hated For the the torture that you were going to suffer Man Who if you shaved. What was the reason for this? Was it the Shaves soap? Was it the razor? Or, perhaps, it Himself may have been that unpleasant after-effect you had experienced when you shaved s s yourself. There is no. inept for this if you have the proper .. lather. per • vont .4 a good shave is the lather. We very Etrongly revoinniend ItEXAI - .1. Sit AV CI:IjAId. it lathers quickly and freely and if well rillbu.l.,lllo the fire. will soften the beard than shaving beeonteA not only easy Inn Wens :lnt. If you prefer stick or powder. we have the S:1111., t,Cei . olll Ill1:1110 • ill tile:, It is a The rnzne is elf 11111101 . 1:1111. :11111 we would be glad at any time to show and advise the Pleasure ri.pa hind rae year beard :111.1 Far a pleasant feeling after shaving the best To serve thing to use is, Itesall Shaving Lotion, which is anti.eptie and leaves the skin feeling cool, YOU and comfortable. A little Talcum—there's a special kind of powder • for men• you know—gives a finishing touch and makes your self-share as enjoyable as any your barber ever gave sent• REXALL DRUG STORE • State College Penna. MEM QUESIM MEEMI I-II 3:OS 10.309.71 1.102.52 HARVEY BROTHERS Bakers • Bread, Cakes, and Ice Cream . 220 East College Avenue -:-:-:-1-:-:-:-:-:-:-{-:-:•+++4-++ , ++•:-44+-:-++++++•:-H-14++++++.: :+q+44 We will surely have a better supply of VICTOR RECORDS February Ist. • In the mean time buy MANDOLINS and a liberal supply of the latest songs THE MUSIC ROOM ~w,.., ,»,.1,..~..,.:,. trot. As a result of this rapid (Alen ; stop of American influence, the coun tries in that vicinity will be profoundly ;affected. As a result of repeated revolutions and tile increasing number of disputes resulting front the reckless creation of public debts and loose financial admin istration we either_ had to extend our control in this way or permanently abandon the Monroe Doctrine. We could no longer stand quietly by and view the development of a financial situation that would Justify and inevit 'ably kepi to foreign intervention and then under the protection of the Monroe Doctrine prohibit or limit it. In other 1 words, if we are willing and ready to sacrifice our blood end treasure for the protection of the weak Latin American eo 11l tries against foreign aggression, sie have a right, at least we owe it to our own people, to assume control over questions like their foreign relations and lin:metal administration, the in-effi .ffient management of which in the past frequently has invited intervention. 1 sufficient to ramose the important leauses for foreign coercive action. This policy generally referred to as the Roosevelt Corollary of the Monroe Doc ; trine adopted during the Roosevelt ad -1 ministration by our government has since become a cardinal principle in our Latin American policy. It was undoubtedly a logleat step. The Taft administration endorsed it and the Wilson affininistra -1 that has made it one of Its most im porant policies. It stands to reason that if the United States is to protect Latin American states against foreign aggres shin the right to intervene and the con ditions governing intervention should be clearly defined and made known to 1 the public. lit the past. fiction has been taken under the Illonroe Docuitio, which has neither legal sanction nor reeog 111ition by an international eOl2ll. The 1 most Important reason, therefore. for tile establishment of protectorates over the cone tries nave Intoned is to con ; yens the traditional American policy into Furthermore it ought to bring L both peoples to a better appreciation of 1 their obligations and responsibilities. The cardinal principle in President ' Wilson's foreign policy has been to cul -1 iirate better relations with Latin Amer lea. The attitude of the American states toward the Great War bears ex- I testimony to the success of his ; program. Ills American policy, tom ; inanity known as the "New American- J. C. Smith & Son Deniers in General Hardware iluilitiers' Material, Olio, Paints, O hop, Content, Stove., Rooting, Spouting Etc. . State College, Pa. :4-:-:-:»B4++4-4-4-:40 UMOUHONIVOnfIUnnMRHUHIMUMMENIMUOMIONUMMIIHMONIIHROIMUHIMUMMHERNIUMUNUMNWHOHROMMUUMMUfIOnN( IHUIEHUHUMMUMUKIHMONJUUNIUMBH Wait for our Victory Sale An enormous stock of winter clothing, shoes and rubbers on our hands. A back ward season has caused these big price reduc tions on our goods. $7.00 Men's Army Shoes 6.00 Army Shirts 5.00 Army Shirts 4.00 Army Shirts 100 Dozen Linen Collars 'To close out • 4 for 25cts. 50 Pairs Men's 4-Buckle Arctics 3.29 25 Men's $lO and $l2 Mackinaws 7.95 starts Jan. 24, 1919 and lasts 7 days Dont. forget the name or place I Sale a I'l. , naurrindsoguatMammorittnEditNiiiillowlslMMiiimolulimiumlumeinuoitum*hililinNuklo.!.qlAlihrigmktypitifiniitiotiumitiopiciontamigil PENN STATE COLLEGIAN Ism," was announced during the first days of his administration. In It he said: "One of, the chief objects of my administration will be to cultivate the friendship and deserve the confidence of our sister republics of Central and South Atherica and to promote in every proper and honorable way the interests which are common to the peoples of the two continents. "The United States has nothing to seek in Central and South America ascept the lasting interest of the peoples of the two continents, anti security of governments intended for the people and for no special group or Interests, anti the development of personal and trade relationships between the two con tinents which shall redounb to the Profit and advantage of both, and interfere with the tights and Plvrties of neither." Presideht NViison has made a special effort to secure and organize perma nently a considerable degree of Pan- American en-operation and solidarity. In this work he has been ably assisted • by Grazi, Argentina and Chili, the three most prosperous and orderly countries 'n Latin America. With them we would gladly share tilt , expense and the re sponsibility of maintaining weak and undeveloped American states In the principles of the Monroe Doctrine. Another exceedingly ImPortent de velbpment of the Monroe Doctrine is found in the thirty or more peace , treaties signed during the past six yearn acrd npe•alive with most of the Great Powers and the leading small powers. 13y these Ire:1110e the United Staten hill agreed to refer differences, even when relating to the Monroe Doctrine, to an investigation ,41111 nailer certain condi tions to settlement by a commission. tin other words the Aleeree Doctrine is to be interpreted in (Ito light of in ternational Ufa ndarols +lllll, jellgeleel Mind] must inevitably alter its ptn•ely national or American character. The e,sential features of the policy have not bean altered but in the future instead of limiting thele application to the AllterleaS We shall seeh to have them ;quilled to the entire world. Iliac t 4 the most himortuot result➢ of THE PENN STATE CAFE Appeals to Particular People Home Like Moderate Prices Good Service Banquets a Specialty 140 East College Avenue \ State College, Pa. T 1: J HARRY W. SAUERS 1: */ 5: e. .4 . • 1 College Man's Shop :1 ~.. ... . :,.. ... .... ,+ E Men's Furnishings t y 1 Custom Tailoring ...., t... Cleaning and Pressing 1 t .7. Robinson Block State College, Pa. -,.- .4. 4 -..-:•+++l I I Ht++++++,B444-:-:-:•++++-:-H-H-H-H4-:444+-H-H444-:-H. 11C111111111111301111M1113111111111111(311111111111111111111111111EMII11111101111:111111E11111:11:111111111111111111/111111111111tE1 1 1 11 1 1111 1 1 1 111111111110111111 a E i Penn State Book Store 1 i L. K. METZGER, Proprietor E-. I P. P. Typewriters for Rent El Laundry Cases Drawing Materials :.:. s - E T-. • Felt and Leather Goods Dairy Aprons ..T P.- Diaries and Expense Account Books g- Robinson Reminders, Calendars, Desk Pads L- - * • Circulating Library---Good Fiction for idle moments iWatch ourwindows for bargains on Saturday of-each weele E- - Elllll/111111111111E111111111111t3111111111111MIIIIIMEIIIIIIIIIIE311111111111101111111111111/1111111111:1EIIIIIIIIIIIIIIIIiIIIIIIIIICE11111111111a111111111111111 HURWITZ 123 ALLEN STREET the Spanish-American war was the abandonment of our traditional policy of isolation and the emergence of the United States as a (vivid power inter ested in everything that concerned the great family of nations. The secure Arcadia, guarded by the great Atlantic and Pacific ocedns, of which the Fathers dreamed no longer existed. We have penetrated the Isthmus of Panama, we dominate the West Indies, we own out posts in all parts of the Pacific Ocean and govern ten million brown skinned Mongolians at the threshold of Asia. We are a world power slut it is neither our desire nor our intention to shirk any of the responsibilities and obliga tions of our new position. We have outgrown our policy of Isolation. Even if we desire it, we could not isolate ourselves. Steam and electric ity and the modern means of trans portation. the use of machinery in our great factories, the cable and telegraphy have drawn the peoples of the world very closely together. Our commercial, financial and social relations are 11th - mate. The popular belief that our in terests can be disentangled from those of American and European nations has become untenable and Impossible. For years the American public has ignored the changes that had actually taken place hi the world and because of this fact our diplomats were forced to labor under a great handicap. For many years close observers of international ti's a Pleasure to See A Man With Well Pressed Clothes 11 moons much to hint and more to no In bo able to press them better than they were ever presset before, too can prove this statement to your own satisfaction by letting us show you, Unique Tailoring Co. 141 Allen Street $5.95 4.95 3.95 2.95 !affairs have maintained that the Euro -1 pean balance of .power was destined to be replaced by a world balance in which America would assume a leading place. The Great War has hastened the reali zation of this ideal. Our growth in in ternational spirit has marched with the 'progressive hlterest and participation of this country in the Great War. While the repeated violation of our rights forced us to unsheathe the sword, hav ing 01100 taken this action. we have fought for the establishment of right, justice and human freedom throughout the entire world. To substantiate this contention. I :feed only mention Amer lea's peace program as outlined by President Wilson and approved by the American people. In It no reference whatever Is made to the United States or to our direct grievances against Germany. We are fighting for the free dom of the world and in any future wars in which that freedom is menaced America will desire anti have a place. In the scents of Terence, "Wo will treat Best Quality GROCERIES Wholesale and Retail Special rates to Clubs and Fraternities EYE'S 200.202 W. College Ave. WHEN you buy a pipe bearing the W D C trade-mark, you have the satisfaction of knowing that your money could not have bought a better pipe. The W D C is strictly American made. You can choose among a multitude of styles, sizes and grades at the best shops—s 6 down to 75 cents. Page Three nothing of human Import as a foreign question." • (In the issue of the PENN STATE COL ELAN for nest week Dr. Martin will de scribe the essential features of the pro posed League of Nations and discuss the problems connected with America's active participation in this League.) FOREST L. STRUBLE Plumbing and Heating Both Phones SPECIAL This week Thursday, Friday, and Saturday Home-made Chocolate Covered Peanut Clusters Also Home-made Peanut Brittle 290 B. Anything that you might expect from a real first class confectionery establishment CANDYLAND Gregory Bros. State College Bellefoate, Pa.