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University Daily Kansan Thursday. February 3, 1955
New Airline Pattern Approved by President
Washington—(U.P.)—President Eisenhower has approved a new pattern of U.S. airline service to the Far East, but one major route dispute remained unsettled today.
The President made a number of changes in routes to the Orient but delayed a decision on a request by Pan American World Airways to fly the northern great circle route to the Far East.
At present, Northwest Airlines flies the northern route via Anchorage Alaska, and Pan American flies the middle route to the Far East via Hawaii.
The President, who has the final say on operations of U.S. airlines on overseas routes, renewed Northwest's authority to use the great circle route for seven years. But he said he wished to study Pan American's application further.
He said that continued operation of two U.S. airlines across the Pacific at the present time "is required by considerations of national defense and foreign policy."
But he said it would be premature to give Northwest permanent authority to fly the northern route as long as subsidy payments are necessary for its operations."
The President said temporary renewal will give Northwest "the opportunity to demonstrate its ability to operate without subsidies within a reasonable time."
In other actions, Mr. Eisenhower discontinued Northwest's present service to Hawaii without stating reasons. He approved renewal of Pan American's route to Hawaii for five years.
He said he does not approve of application from Trans World and Trans Ocean Airlines for new Pacific routes.
He agreed with the board's decision to give United Airlines permanent authorization for its current Los Angeles-Hawaii route.
A "national forest" is a forest or watershed reservation which is administered by the Forest Service of the Department of Agriculture.
Finance Course Again Offered
The faculty and schedule for the "Financial Institutions" course of the School of Business have been announced by Dr. Leland J. Fritchard, professor of finance and course coordinator.
"Financial Institutions," beginning its second year in the curriculum, is unique in its approach in that 25 experts in their particular fields will come to the campus to give the 30 lectures in the two-hour credit course.
Each instructor was nominated by one of the five financial associations that helped plan the course. These are the Kansas Bankers association, the Southwestern group of the Investment Bankers association of America, the Kansas Association of Finance companies, the Kansas Credit Union league, and the Kansas Savings and Loan league.
"Often businessmen have been invited to talk more or less 'off the cuff' in their special areas, but this is the only one in which they actually are the professors," Dr. Pritchard said. Visitors are welcome.
Monthly Meeting Set By University Women
The University Women's club will hold its February meeting at 2:30 pm. today in the Kansas room of the Student Union.
The program will include excerpts from the operetta "An American in Boston," which will be jointly presented by the Light Opera Guild and the University Theatre next week.
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