Summer Session Kansan
Tuesday, June 29, 1965
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53rd Year, No. 5
LEARNING BY EXPERIENCE—These four journalism campers get their assignments from Jacke Thayer, Summer Kansan managing editor. From left to right are Shelley Bray, Anita Wicke, Tanya McNaughten and Kit Gunn. Miss Thayer, in the "slot," and Dan Austin, the man behind the camera, are the only KU students on the news-editorial staff of the paper. Reporting is done by the 25 campers, each of whom is assigned a regular "beat" on campus. The journalism camp, like the music and art camp, runs for six weeks. The first two—and last two—Kansan
issues are put out by Miss Thayer, Austin, and their long-suffering advisor, Dr. Calder M. Pickett. The students attend classes at the William Allen White School of Journalism. Those teaching are: John Knowles, assistant professor of journalism and division director; Darrel W. Holt, assistant professor of speech and drama and teaching radio and television; James E. Dykes, professor of journalism and manager of the Summer Session Kansan; and Roy Inman, instructor of photography.
SDS Magazine May Come to KU
By Dan Austin
A former KU student has returned to the campus this summer with plans to bring the regional office and national publication of Students for a Democratic Society, a student leftist organization, to Lawrence.
'Music Man Run to Begin
Meredith Willson's "The Music Man" will open the summer University Theatre season tomorrow, and after a four-day campus run, the company will go on tour to Iola, Forbes Air Force Base, and Olathe.
On July 20 the cast will leave on a six-week USO tour in the Northeast Division, which includes such areas as Greenland, Iceland, and Newfoundland. The company then will vacation in the British Isles. Besides giving "The Music Man" on tour, the company also will present a variety show.
The cast has been working on the play since May, resting only for final exams. Eighteen are included in the company. All are KU students except the 10-year-old son of Tom Rea, actor-in-residence.
Touring necessitates a minimum equipment and people, so the play will take on a "vaudeville-look," using a shallow stage, guitar and piano accompaniment, little lighting and placards announcing the act and location. According to Rea, the company may have to give a presentation in a field.
McNown and Family Leave for Europe
Endowment Association Assets at $13 Million
Dr. John S. McNown, retiring dean of the School of Engineering and Architecture, and family have left to spend most of the next 14 months at Fontainebleau-Avon, about 40 miles south of Paris.
He will be on sabbatical leave and as a consultant to the Ford Foundation will study the French and British methods of educating African engineers for practice in Africa.
Upon his return for the fall of 1966, McNown, who had been dean since 1957, will become the first Albert P. Learned distinguished professor of engineering.
By Kit Gunn
The total resources of the Endowment Association for the fiscal year of May 1, 1964, to April 30, 1965, are $13,234,035.13—a gain of nearly $1.5 million over the year previous. This
The KU Endowment Association has assets of over $13 million as of April 30, according to Irvin Youngberg, executive secretary of the organization.
Another important job of the Association is the offering of scholarships and student loans. Last year
This information was contained in the "Secretary's Report of the Endowment Association," to be published in "The KU Endowment Digest." Wrote Youngberg, "The past fiscal year has been a satisfying one in many respects, but it was also disappointing in that for the first time in 17 years, gifts, bequests, and endowment income were less than in the preceding year." Last year's income was $3,310,037.04 as opposed to an income of $3,461,691.77 for the previous year.
This was attributed, in part, to the lack of a $500,000 Ford Foundation grant received in 1963-64. The grant was non-recurring, but was to be used over a five-year period. If the grant were to be considered as $100,000 a year rather than a lump sum, it would boost last year's total above the preceding year's.
total includes only those assets that belong to the Endowment Association itself, not including those that titularly belong to KU proper.
The function of the Endowment Association is to receive and administer gifts and bequests, and to invest these funds in order to establish an income. The Association also manages land and property given to KU. The funds of the organization are used to help finance the University.
The investments of the Endowment Association are made by a five-member Finance Committee. Stated secretary Youngberg, "The general investment policy of the Association continues to be a conservative one having as its objective . . . the best possible rate of returns compatible with the preservation of both real and dollar values. . . ." The Association has tended in the past year to invest less in common stocks and more in corporate bonds, real estate loans, and contracts, as stocks "of a quality suitable and attractive for the investment of endowment funds have offered relatively low rates of return."
scholarships totaled $689,332.89. a $14,000 increase over the previous year. Future expansion is planned for the scholarship program. Youngberg wrote, "In the current year which began May 1, a substantial increase in scholarship payments is anticipated. However, in view of the higher costs for students next year . . . the number of students assisted will likely show little change."
In the 12 month period ending on June 30 it is estimated that $1,975,000 will have been loaned to KU students. Of this, $560,759.36 was loaned directly by the Endowment Association, generally on a short-term basis. The rest were generally matching funds from the National Defense Student Loan Program and the United Student Aid Fund (USAF). Both of these are long-term loan programs. In order for a university to participate in the National Defense program, it must put up one dollar for every nine dollars loaned by the government. The USAF program requires that universities maintain a reserve fund of eight per cent of the total loaned. This program is conducted by commercial banks. The money to match that from outside sources comes entirely from private support, as do all of the Endowment Association's funds.
Approximately $115,000 will be needed as matching and reserve funds for the upcoming year to continue these outside programs at a desirable level.
Loans to KU faculty members totalled $115,729.87 last year. Nearly 75 per cent of these were in fact advances on salary not yet paid by the State. Faculty loans are short-term, and are made without interest.
Funds are given to the Endowment Association in three basic manners: donations to the general fund, gifts with instructions for their use, and what is termed "Life Income Giving." In this form of philanthropy, the income from the assets given the Association is reserved to the donor and not more than two beneficiaries throughout their lives. The income goes to the Endowment Association after the death of the previous recipients. These gifts are tax deductible, the percentage allowed depending upon the age of the donor. "Life Income Funds" are becoming increasingly important: this year nearly $40,000 in payments were issued.
Don Olson, who attended KU one year before transferring to San Diego State College last fall, moved to Lawrence six weeks ago as publisher of the Kansas Free Press, a monthly newsletter owned and operated by Laird Wilcox, Lawrence sohomore. Wilcox will continue to edit the KFP, and Olson will handle the actual printing of the paper.
Since its beginning, the KFP has been a mimeograph operation, but under the joint leadership of Wilcox and Olson the next issue will be printed by the offset method. The two already have invested $2,700 in new equipment.
"WE HOPE TO RAISE subscrip tions by a thousand with this new method," said Olson. "It will be a cheaper operation and we'll be able to use pictures."
A member of the Students for a Democratic Society, Olson remarked that he had sent in a bid for the right to publish the SDS's national bulletin in Lawrence. At the same time, he is trying to persuade the national SDS to set up a regional headquarters in Lawrence.
"Td like to make KU the liberal school in the Midwest," Olson said. "We have competition of course with the University of Chicago and Michigan, but we can do it."
WILCOX, THE CREATOR of the KFP, explicitly pointed out that although Olson was "publishing" the paper. Wilcox would keep exclusive control of the KFP's content.
"The KFP is not an organ of SDS. Although I am a member of SDS and sympathize with the organization's principles, the content of the Free Press will remain along the same lines it pursued as a mimeographed beet."
"I do feel . . . that SDS would be making a serious mistake if it repealed this simple membership requirement. Now, I should like to mention that SDS currently has no serious problems with domestic Communists. The basic principles of the organization, namely that of advancing all forms of participatory democracy, are such that Communists have no place in it."
Both Wilcox and Olson said SDS could become much stronger at KU. At a recent national convention of SDS, a dispute arose over a "disclaimer" clause in the constitution. This clause currently reads that "advocates or apologists for totalitarian principles are not eligible for membership." In a prepared statement, Olson and Wilcox defended this clause as a valid means for keeping Communist organizers out of SDS.
"I THINK DON and I both agree that this statement should be retained. While I'm very much opposed to the government or public institutions, which are supposed to represent all the people, requiring disclaimer affidavits, I feel that it is entirely within the realm of a . . . private organization like SDS to do so.
While a student at San Diego State College, Olson published the San Diego State Free Press, a small magazine modeled after Wilcox's Kansas Free Press.
Union Open House Draws Young, Old
The young, middling and "older set" crowded the Kansas Union during its summer open house Friday.
Sports activities in the Jay Bowl were popular, as was the free movie, "The Notorious Landlady."
Rain dampened the concert on the third-floor terrace, but attendance for steak dinners in the Prairie Room definitely was undamped.