Oregon daily emerald. (Eugene, Or.) 1920-2012, November 20, 1943, Page 3, Image 3

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    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.
EUGENE PACKING CO.
675 Willamette
Phone 38