WHERE DOES $55 GO?
Lindstrom Shows How
Students Money Spent
This is the first in a series
of three articles on the stu
dent dollar and University fi
nances. The second and third
articles will appear on Thurs
day and Friday.
By Sue Lamb
Emerald Reporter
What happens to the $55 a
student pays every term he at
tends the University ? Where
does that money go, and who is
responsible for its distribution?
In an interview recently, J. O.
Lindstrom, University business
manager, explained the method
by which student fee payments
provide Student Union movies,
dances, forensics, and practically
all campus activities.
According to Lindstrom the
students pay approximately 10
to 15 per cent of the cost of in
struction. Estimated cost of a
student's University education for
one year is $900.
The student fee of $55 per term
is divided into two parts:
1. The general and educational
program of the University re
ceives $30 per student per term.
2. The auxiliary educational ac
tivities receives the remaining
$25 per term.
State Board Gets $30
First, the $30 goes to the State
Board of Higher Education, which
puts this money into the general
state college fund. This fund in
cludes money from taxation, fees,
subsidies, and any other forms of
income. From this fund the state
board allocates money to the
University. Along with the ad
ministration officers and the de
partment deans, the president of
the University then distributes
funds to the individual depart
ments.
The $25 educational "activities
portion of the fees stays here; ;
the state board has nothing to'
do with this part of the fee. An j
actual breakdown of this $25
■would be summarized as follows: I
• Building fee, $8 — this covers
the bonds on the SU building.
• Student Health Service, $6.
• Athletic department, $4.50
—this entitles every student to
free admission to atheletic con
tests.
• Physical education gym suit
service, $2.
• Student Union and Educa
tional Activities, $4.50 — this
last item covers such organiza
tions and activities as the SU
’Stock Market*
NEW YORK (AP) — Stocks
reached a new all-time high
Tuesday in a moderately active
market.
The Associated Press average
of 60 stocks was up 90 cents at
$160.60. A week ago the average
established an all-time high of
$160.50. For the next two days
the market fell back. The ad
vance was resumed Monday, and
it carried through Tuesday with
another new all-time high estab
lished.
The industrial component of
the average was ahead 80 cents
at $217.60, railroads were up
$1.00 at a new high since 1930
of $127.90, and utilities rose 70
cents to a new high since 1931
of $71.80.
The market wasn’t especially
broad with 1218 individual is
sues traded, 30 less than Mon
day. There were 586 advancing
issues and 392 declining with 110
new highs for 1954-55 and one
new low.
Volumes stepped up to 2,830,
000 shares as compared with
2,620,000 shares traded Monday.
programs, movies, lectures, for
ensics. music, and the many re
sponsibilities of the SU.
Budget Board Allocates $4.50
The Student Union and Educa
tional Activities Budget Com
mittee has the responsibility of
allocating and supervising the
$4.50 received from each student
every term.
On this committee are Dean
of Administration W. C. Jones,
chairman; D. M. DuShane, di
rector of student affairs; J. O.
Lindstrom, University Business
manager; Robert Summers, AS
UO president; Pete Williams.
Bob Funk, Sylvia Wingard, and
A. L. Ellingson, SU director and
secretary of the committee.
Income from SU activities is
combined with the fee income to
cover the expenses of SU and
other activity organization under
the committee jurisdiction,
“This is sound budgeting,”
Lindstrom emphasized. “No ac
tivity or department has any
fixed right to any particular a
mount of the student fees. Dis
tribution of money varies with
the needs of the departments."
According to Lindstrom or
ganizations or departments often
feel that they need more money
to perform their work, and that
improvements can only be made
by the allotment of extra funds.
In cases like this. Lindstrom
said, “departments and activi
ties should be supported in rela
tion to their importance and
needs on this campus.’’
Students Have Voice
One of the reasons for a stu
dent faculty budget committee in
charge of SU and other educa
tional activities is to give stu- i
dents an opportunity to voice
their opinions as to where money
should be spent and which ac
tivities the students feel are most
valuable.
“Naturaly, the administration .
supervises the work of such a
group, because of fundamental
problems that only the admini-!
stration understands. However,
we feel that if we give them
responsibility the students will
come through,” Lindstrom ex
plained.
Another problem Lindstrom
discussed concerned students who
feel that because they are not
interested in one particular phase
of activities which their fee cov
ers, they should not have to pay
for something they are not go
ing to use.
The answer to this problem
lies in the fact that the money al
located for University activities
is not a fee for specific depart
ments or activities. All student
fees are placed in a general fund
and then distributed as is neces
sary.
0 Sociology club will meet
Thursday noon in the commu
ter’s lunchroom of the Student
Union. The constitution will be
presented for discussion and ap
proval. Proposed spring activi
ties will also be discussed.
u’tv. tr* •
U Currents
SU Publicity Group
To Resume Next Term
No Student Union general pub
licity meetings will be held for
the remainder of the term, ac
cording to Dick Gray, committee
chairman. Meetings will resume
regularly on the first and third
Wednesdays of each month dur
ing spring term.
Therefore, the student Is not
necessarily paying a certain a
mount toward basketball, swim
ming, SU movies or some other
specific activity. If the student
attempted to trace his money to
various organizations he might
find all of it in one place or a
few pennies scattered throughout
the entire University financial
program.
Campus Calendar
Noon Jr. Panhel 110 SU
AF-ROTC Staff 111 SU
French Tbl 112 SU
4:00 SU Bd 337 SU
6:30 Alpine Cl 112 SU
Canoe Fete
Str Com 113 SU
7:30 Newcomer's Brdg 110 SU
Pepper Lect 201 SU
Sq Dance Ger) Annex
8:00 FT A 334 SU
Univ Band
Concert Ballrm SU
Canadian Poetry Said
Not Well Read Today
Canadian poets don't believe
in themselves, and that Is one
reason their poetry is not well
read today, Earle Birney, Cana
dian poet and professor of Eng
lish declared in Tuesday's assem
bly.
Birney spoke on contemporary
Canadian poetry, comparing the
poetry to a neglected child who
is not actually neglected, but
simply patronized.
Canadian poetry is patronized
but not really read or often lis
tened to, Birney said. It is really
more Interesting and amusing
than even Canadians themselves
realize, he said.
The offspring of a union of
French and English. Canadian
writing reflects the tangled pat
terns of both cultures. It also
comes greatly under the influ
ence of the American literary
heritage, Birney said.
Like poets everywhere, Cana
dian writers are competing with
mass communications, which ac
counts for the lack of recogni
tion of their works and low sales
volume of published works, Bir
ney told his audience.
He also said that Canadian.1*,
"may have abandoned the tradi
tion of writing for other people
Instead of themselves.”
Birney read several poems
aloud, Including some of his own
works.
Birney Denies
Poetry Sissy
Poetry Is considered sissy, was
the wuy Karle Birney, well-known
Canadian poet, explained the lack
of Interest in poetry at the Stu
dent Union coffee hour Tuesday.
Birney, who Is professor of
English at the University of Brit
ish Columbia, also lamented on
use of the word "poetry” he
said that people are afraid of it.
"The hlghly-poeUcnl lyrics of
a musical like 'Guys and Dolls'
are enjoyed," he commented,
“but if they were called poetry
they would lose their appeal."
Birney said that the greatest
poetical inspiration for him was
hearing the poet Dylan Thomas
read some of his work.
/)/torKC4<e4ZC 6cude/c. </oto
Why it’s wise to
liold U.S. Savings Bonds
mote than 10 years
r ^TS
By Homer J. Livingston, President of
The First National Bank of Chicago and
President, American Bankers Association
Like millions of other
Americans, you probably
know that our government’s
Series E Savings Bonds rank
1 among the surest, safest and
I best investments in the world.
But 1 wonder if you realize
that an extremely attractive
feature has been added.
You can now hold them for as long as
19 years, 8 months and U. S. Series E
Savings Bonds will return you a total
yield of 80% on your investment!
If you invested $37.50 in a Savings Bond
ten years ago, it could be redeemed for
$50.00 today. You would make $12.50.
But if you keep that Bond lor ten more
years, you will make a total of $29.84
on your original investment. In other
words, if you hold your Bonds for double
their original period, your total yield is
considerably more than just double.
So, if you can possibly arrange it, hold
your Bonds for the maximum period
19 years, 8 months.
And, of course, go on investing in U. S.
Series E Savings Bonds regularly.
There’s no finer investment an Amer*
ican can make.
If you want your interest as current in
come, ask your bunker about 'ML Series
// Hands which pay interest semiannu
ally by Treasury check.
Now even better!
Invest more in Savings Bonds!
The V.S. Government doe. not pay lor thi, adverting. The Treasury Department thanh,.
tor their patriotic donation, the Aduertuung Council and
Oregon Daily Emerald