Mr. Olsen Page Two Nove 18, 1940

room with those NCAA people I was not going to rise and bicker over the 10%,
but I know that we can get a fair settlement and it certainly is not right for
them to take 10% first and then take 50%. I will not quarrel and it would have
been out of place for any voice to have been raised at that meeting. But the
fect that Major Griffith wrote you, and stated that the findings were as those
set forth in the letter; namely, that no hotel and traveling expenses would be
allowed them, showed me conclusively that they were all mixed up.

Therefore, I think very definitely, befor this money is distributed
that we should have a meeting and I am sure Major Griffith will go along with
us because we have @ set-up wherein we will make the NCAA a lot of money, if
they do not "kill the goose that lays the golden egg."

Major Griffith said to me, "“Phog, do you think the boys will be
satisfied with such a settlement as this?" And the interesting part of it was,
Ole, that he was not clear on the settlement and he continued, "Well, Phog,
if they are not, you and Ole and Saint and some of us will get together and
we will make it right." He stated that the difficulty with a lot of these
fellows is thst when they make money they want to spend it all. He spoke
about Butch Cowell, who passed away last year. He stated that Butch was a
good fellow but he was Chairman of the NCAA Boxing Committee and these members
would want to have about three meetings a year and spend a lot of money while
they were in session, but the meetings were too often and too expensivée
I said, “Well, Major Griffith, that is not true in regard to our meetings;
and he hastily agreed.

I told Major Griffith that we had been as conservative on our expen-
ditures as if we had been handling University money, Itold him of some of the
expenses that were too large and that we refused to approve them, and we made
nobody angry. I mentioned the fact that I got letters from you and we presented
them in such a way, without using the officers names, and we told them the Com-
mittee would not approve such expense accounts. I stated the business manager
had perfect confidence in what we had done, and further that President Owens
had attended the finals and complimented bhe Committee most highly in the col-
legiate atmosphere which the Tournament seemed to possesse

J just know, Ole, that inasmuch as the NCAA Executive Committee set-up
is not clear and inasmuch as we are making an agreement to last for NCAA
Basketball teams to follow, I stéll believe that we could benefit by meeting
with Major Griffith and getting an agreement; namely, 50% of their net with
the NCAA without this first 10% out.

Kansas is to play Loyola in Chicago on January 2. I am wondering if
there is any way that we could meet with you and Major Griffith that date, or
will he be back from the New York Meeting? Will you please find out and let
me know? I imagine you will be busy but thought perhaps I would take a fling