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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Nov. 20, 1943)
Building F und Available Summary Of Union Funds STUDENT UNION FUND 1943 Balance ;L, General Student Union build ing fund. Contains -cash, war bonds, real estate ....$45,730.83 2. General Student Union furn ishings fund. Consists of cash.$1,797.26 Total assets in Student Union "^hfimd .$47,548.59 Annual Available Revenue for Student Union Fund 1. Rental from dormitory annex at 1367 Alder (former Phi Gamma Delta house) $1,575.00 2. Interest on invested Student Union funds .$450.00 Total annual revenue ....$2,025.00 Possible Student Union Income 1. Co-op store rentals—accumu lated balance .$10,201.33 Annual rental revenue....$2,400.00 2. Student building fees—$5 each term—Unpledged balance that would not be required for pay ing off present bonds issued to finance campus wbuildings .$ ? ? ? ? 3. Athletic revenues—a percent age of total revenues might be channeled to Student Union fund when normal athletic rev enues are available $ ? ? ? ? jiglor further information see \ ies at right of page. Progress of Union Drive (Continued from have one) istration loan and a 30 per cent grant from the federal govern ment, as well as the use of the $5 building fee and other fees and gifts. May 2—It was announced that Jjjje Union had been included in the list of campus building pro jects submitted to the state plan ning commission by the board of higher education, these to be par tially financed by federal funds and' included completing the li brary, adding to the heating plant, building a physical educa / plant and men’s gym, a hu ii^u-nities building and the Stu dent Union. 1938 January 20 — asuo President Barney Hall, appointed students to work on financing of the Student Union. At that time m313 was available for the ding, mostly from the 1924 pledges which had been paid. 1940 January 1®—Mr. Lind strom quoted in the Emerald as saying that “with a normal growth in registration . . . within four or five years the University can look forward to constructing a Student Union, provided every effort Is. made to conserve stu dent building fees and rental in come.” 1941 February 15—The three Student Union committees met to hear definite plans on possible sites for the building. February 15—A state legisla tive committee okayed a bill to pefrnit $250,000 to be borrowed to finance the project. This was not a grant, but merely gave per mission to borrow* funds needed to supplement money received from the gifts and building fees. 1942-43 The first balance sheet of student union funds was prepared by a committee. In Technicolor Xelson Eddy Susanna Foster Claude Rains "PHANTOM OF THE OPERA" $47,548 Ready For Use To Build Student Union An accumulated amount of $47,548.59 is now in the Student Union building fund. This money is definitely available for use in constructing and furnishing the building. The amount is divided into two separate funds. The first, a construction fund of §45,730.83, is composed of gifts, paid pledges, real estate property, annual rental receipts, .and interest on investments. The second, a fund totaling $1,797.26, is for the purpose of furnishing and installing facilities after the construction has been completed. This furnishing fund is a cash accumulation of gifts, do nations, and contributions from students, parents, and alumni members. Besides the accumulated amount now in the Student Union fund, annual income, totaling $1,575.00, is derived from rents on property owned by the University of Oregon Alumni Holding company in 1923 for the Student Union, with the provision that 'any rentals derived should be channeled into the building fund. Interest on invested funds, totaling $450.00 is additional annual income. The funds, an accumulation of 20 years, are a start toward the esti mated $400,000 necessary for a building that would satisfy the needs of the students on the campus. It is apparent that additional revenue must now be definitely channeled toward the building fund if construc tion is to be planned for the immediate post-war period. A discussion of possible sources from which this revenue might be derived can be found in the next column. Comments | that Union did not materialize. Immediately you have | my unqualified support in carrying on. You must not | fail. Regards— Arthur S. Kudd, Emerald editor, ’24 | “I am deeply interested in the renewed activity of S | the associated students in planning for the construe- | | tion for the Student Union building as a postwar pro- J | ject ... I suggest that this Student Union building be | erected as a memorial to those students, ex-students, j 1 and alumni who have given, and will give, their lives in 1 this world war, and to those who gave their lives for • | their country in World War I. This building should | honor all students, present and past, 'who have so faith jf. fully served in the armed forces of their country." Eyle P. Bartholomew President, ASUO, I921-’22 "After many years’ work with the students on the 1 University of Oregon campus, I am convinced that a | Student Union building is one of the fundamental needs. | 1 It would make it possible to have centralized control | | over all student activities, and it would do away with | | the constant conflict between the use of buildings for | 1 social affairs and use of the same buildings for the | | educational programs of the University." Virgil D. Earl Dean of Men "One of the chief values of a Student Union is its E; | unifying influence. Here all student interests center. 1 Here non-living organizations have headquarters. Here | all students share equally in the use of facilities, in op 1 portunity for participation in student affairs. Here 1 student life centers and student activities are cleared 1 and integrated. As a university grows and becomes | differentiated into colleges and schools, its students 1 tend to break up into separated groups, to lose solidar 3 ity and unity unless counteracting forces are provided. I That $ Student Union is such a force is shown by the 3 experiences of all universities—most of them now—■ | having a student union in operation.” Karl W. Onthanjc Dean of Personnel Administration "While I recognize many academic needs such as | adequate laboratories for science and additional large j lecture rooms, I think that the state should take care I of such needs. 1 think the students are eminently justi | fied in making Student Union the first* thing on their | program for development of the University I’m espe ! cially pleased by the program as outlined to me which includes so many educational purposes, rather than emphasis on entertainment and clubroom features as the main thing. Students may be glad to have had a j period of 20 years to think things over. They have a 3 better chance to meet the needs of the University. If 3 they wait 20 more years however, they won't get much j use out of it. I think it would be a fine thing if it could be put into the postwar period of industry need to main 1 tain a sound economic basis." inimnimimmiimmor:!!'!::»■ Dr. Howard Taylor Head of Psychology Dept. '.iiiiniiiiiiniiiiiiiiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiNiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiliiiiniiiiiiiiiiiiiiiiiiiiiiiiiiNiiiiiiimiiiiiiiiiiiiaiiiiiiiiiuiiuiiiiiliiiiiiiiiiBiiijiHiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiaiiiiiiiiniiiiiiiiiiiiiiiiii! Income Question Rests With Education Board in rebruary. Ii'41, tne Oregon legislature passed a bill au thorizing the state hoard of higher education to sell bonds to taling $250,000 to finance construction of a Student Union building. With the permission of the state board of higher ed ucation, the principal and interest upon these bonds could be paid from (1) revenues from athletic contests and other events sponsored by the University, (2) continuing rental paid for space m Liiapman nan now occu pied and used by the Co-op store, 13 > such revenues of student building fees as would be free for construction use. In 1941, no decision on bond authorization was made by the state board of higher education. The Co-op store rentals, how ever, were “unofficially” ear marked for Student Union build ing fund. Accumulated rentals, now totaling $10,201.33, must be officially pledged by the state board of higher education. Addi tional annual rental revenues from the store must also be of ficially channeled into the Stu dent Union fund by the board, be fore becoming- available. Of three possible sources for adding- di rectly to the Student Union building fund or to a fund set up to accumulate money to back the, bond issue, the Co-op rentals are the most accessible. During the last two years, de creasing enroll/lent has virtual ly wiped out the prospect of ob taining immediate, funds from the other two sources. Athletic ac tivities have been restricted to the point where no surplus in come will be realized until the war is over and normal activities are resumed. The student building fee fund, composed of the $5 fees which students pay each term, has been pledged to pay off bonds al ready issued for the financing of other constructions. As the amount of money in the building fee fund depends on the num ber of students enrolled, the de creased enrollment has cut down on the revenues from which ma tured bonds must be annually paid off. As a result, there will be little excess money in the building fund until the war is over and enrollment reaches its former level. If the state board of higher ed ucation gives official approval of the plan to reserve Co-op rental funds for use in c onstruction of a. Student Union building after the war, the total available revenues in the fund would be $57,749.92. Additional income of $2,-100 would be secured from annual co-op rentals. Weekend Events Basket ball Friday night, Ore gon 45, Fee's Music Makers 25, Saturday -Oregon Medical school at Igloo, 8 p.m. Football Oregon ASTU-Snlt Lake air base at Hayward field Saturday, gates open at 2, game at 3 p.m. Campus Serenade Sunday, Gerlinger hall at 3 p.m. The G.^eat Virgil Appear?! Monday night at McArthur court at 8:15 p.m. Sick President (Continuesfront pane at,-) Student Union It is a broader proposition than that. You, mak ing your start now, will be set ting the mark for thousands f others to come after.” The president finished his speech and sank back in his chair. A moment later, ho was wheeled out, nearly exhausted by his effort. As one the students rose to their feet and gave him an ovation which deafened tho.-o on the platform for several min utes. The Student Union assembly was the last public appearance that President Campbell ev> v made. He died three years later. To the last he expressed his hope that the University students would one day carry the cam paign to a triumphant finish, and create a building "which will not only be of great practical use, but will make the students Who cause it to become a reality re membered by those who follow them as long as we have a Uni versity in 'Oregon.” TURKEYS FOR THANKSGIVING THE ALL-AMERICAN BIRD Now is the time to get your Thanksgiving bird. Come in today and choose one of our high quality turkeys—high quality at a reasonable price. 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