Lure of the classroom
The man KU turns to always returns to teaching. See page 3.
SINCE 1889
THE UNIVERSITY DAILY KANSAN
FRIDAY, FEB. 28, 1986, VOL. 96, NO. 107 (USPS 650-640)
Cold Details page 3.
KUEA reports stocks, bonds hit high mark
Staff writer
By Tim Hrenchir
The investments and finance department of the Kansas University Endowment Association pulled in a record profit during the last fiscal year.
And if the stock market continues to prosper as it has, the future of the Endowment Association looks even brighter.
The Endowment Association made more than $15.6 million through securities investments during the 1984-85 fiscal year, according to the Endowment Association's annual report.
Stock and bond dividends and interest brought the Endowment Association almost $10 million. In addition, more than $5.6 million came in from sales of stocks and bonds.
The Dow Jones Industrial Average,
a leading indicator of stock market
trends, closed out yesterday at
1713.99 - an all-time high.
"We're optimistic about our investments," Jeff Davis, Endowment Association treasurer, said Wednesday.
The Endowment Association received information from various financial sources indicating there was room for even more stock appreciation, he said.
But he said he was less confident about the future of bond investments.
"We're facing declining interest rates," Davis said, "so the interest income level on our bonds may be coming down."
Interest levels on bonds rise or fall with the economy's interest rates.
The total value of Endowment Association securities last year was $156.3 million. If the Endowment Association had decided to sell all its stocks and bonds last year, it would have received $156.3 million, Davis said.
The Endowment Association's total investment income was almost $19 million.
The investments pay off for the University in scholarships, construction costs, salaries, equipment and "just about anything else you can think of," said George E. Stewart, vice president for administrative services.
The investments department administers more than 2,000 different fund accounts. All money in those accounts is available for investment, Stewart said.
Depending on restrictions that donors put on the accounts, profits from the accounts may go toward
See ENDOWMENT, p. 5, col. 1
Six speakers say KU should stay in ASK
By Barbara Shear
Staff writer
Six administrators and students spoke in favor of KU's remaining in the Associated Students of Kansas at an ad hoc committee hearing last night.
The speakers thought that KU would significantly weaken its influence and reputation with the Legislature and other state schools if they pulled out of the student lobby organization, which represents the six state universities and Washburn University.
"ASK has a good reputation with the Legislature," said Richard von Ende, executive secretary of the University. "If KU pulled out now, it would only hurt KU and their reputation to the Legislature."
Sandra Binyon, former campus director of ASK, said she thought that KU would have more influence in the Legislature if it remained a part of ASK.
"Eighty thousand students have more power in the Legislature than 25,000." Binyon said. "It is a large organization that encompasses many students, not just 25,000. It is also a very viable organization with a great track record."
But Binyon said she did favor pulling out of ASK if the organization decided to support Washburn's entering the Board of Regents. She said the decision could harm the status of professional schools, especially the KU School of Law, if Washburn
See ASK, p. 5, col.1
A piece of KU history falls to the bulldozers
By Brian Kaberline
Staff writer
People paused as they walked by,
but few watched for long. To the
passing students, the builder was
just tearing down another old house.
But it was also pulling down pieces of KU history.
The large white house that was home to hundreds of KU students since it was built in 1920 was razed yesterday by its new owner, Mastercraft Corp. 1927 Moodie Road.
Mastercraft owns several apartment buildings and townhouses in Lawrence
The house, 1145 Louisiana St., originally was owned by the Alpha Delta Pi sorority. The sorority stayed in the three-story brick house from 1920 until it moved to its present house in 1954.
When the sorority moved out, the Pi Kappa Alpha fraternity moved in. The fraternity stayed in the house until a combination of too little room and campus unrest over the Vietnam War forced it to move in 1971, Walter Hicks, a local architect, said.
Hicks, treasurer of the fraternity's housing corpitation, said the fraternity had outgrown the house. The house could hold a maximum of 45 people and the fraternity wanted to expand to about twice that size.
Trouble in the neighborhood crowded the house members from the outside too. Hicks said.
He said he remembered many strange incidents involving the house and its neighbors.
One story, he said, was of a person who used to walk into the house, apparently high, to play the fraternity's piano. No one ever knew who he was — he just played the piano.
Because the most notorious saloon in town — now the Rock Chalk Bar, 618 W. 12th St. — was next door and people were sleeping all around outside, Hicks said, the house was not a place he would want his son to live at the time.
Mike Wahlstedt, house manager for Pi Kappa Alpha, said he had heard the house was just getting to be too hot of a spot to be in.
Pi Kappa Alpha then sold the house to Wahid Qadi, who rented out both single rooms and apartments in the house, said Qadi'il's son, Kelly.
Kelly Qadi, Lawrence junior, said the house was empty for the last few months before it was bought by Mastercraft.
Hicks said he was 'not suprised that apartments in the house did not last
Top — The west side of the house at 1145 Louisiana St. is demolished by workers of the Terracorc Corp., 1927 Moodie Rd. Above — Children from the Hiltop Child Development Center, 1314 Jayhawk Blvd., look on intently. The house, which was once owned by the Pi Kappa Alpha fraternity, was being demolished yesterday.
long because of its layout. The group bathrooms and smaller rooms of the house were built for group living, not for private tenants.
Officials from Mastercraft could
not be reached for comment on the future of the property. But workers at the house site said the last of the house's remains should be hauled off in the next couple of days.
Committee asks for increases in salary for faculty, students
Bv Mark Siebert
Staff writer
TOPEKA — Student and faculty salaries received a boost yesterday from a Senate committee that reviewed Gov. John Carlin's budget proposals for Board of Regents schools.
schools. But although the increases are improvements from the governor's recommendations, Richard von Ende, University executive secretary, yesterday said that the financing fell short of fulfilling the needs of the University of Kansas.
The Senate Ways and Means Committee recommended increases in student and faculty salaries that would total over $2 million for the University. They also suggested a fee adjustment program that would return $226,326 to the University to help support increased enrollment.
Subcommittees still have to decide on requests from individual schools before the full committee votes on the entire Regents package. The proposal then goes to the full Senate for debate.
senator for the State Sen. Wint Winter Jr., RLawrence, a member of the committee, said he was pleased about the committee's recommendations.
"I'm pleased in some areas but very disappointed in
"others," xon Ende said. "We've got a long way to go."
"What we did today is very good news for higher education." Winter said.
The committee's proposal to increase the governor's financing levels and not take a passive attitude was a sign that the Legislature would not allow Kansas" investment in higher education to deteriorate. Winter said.
The Regents schools are the six state universities and the Kansas Technical Institute in Salina.
The committee recommended a 4 percent increase in the student salary base, which would allocate an additional $54.395 to student salaries at KU.
The Regents asked for a 7 percent increase in student salaries. The governor did not designate any funds for such an increase.
Von Ende said students would have a tougher time paying for their education without the full increase in money for campus jobs. He said off-campus jobs were especially hard to find at KU and Kansas State University because
"We made the right choice in a very tough economic situation," he said.
THE KU BUDGET Recommendations of the Kansas Senate Ways and Means Committee on systemwide issues for the Regents schools.
■ Student salaries:...4 % inc.
■ Faculty salaries:...3 % inc.
■ Faculty retirement: ...1 % add.
■ Fees from higher enrollment: ...$226,326
A Regents request to increase student wages was rejected by the committee.
Another recommendation by the committee was a 3 percent increase in salaries and a 1 percent addition to the retirement program for unclassified employees at Regents schools.
Both the committee's and the governor's recommendations would cost the state $9.1 million. The Regents were asking for a 7 percent salary increase and a 1 percent addition to the retirement program — an $18 million cost to the state.
In his investment budget Carlin recommended that the state pay all 11 percent of employee's contribution to the retirement plan but not include a salary increase.
Winter suggested a 4 percent salary increase along with the 1 percent increase in retirement benefits, but the
Lawrence and Manhattan were relatively small cities.
The state now contributes 6 percent to employees' retirement benefits.
The committee also recommended that schools with increased enrollments keep the increases in student fees they collected.
KU experienced the highest enrollment increase of Regents schools - 338 students - and would receive $226.326 if the proposal passed.
Von Ende said that the extra money helped pay additional instructors and graduate assistants but that it was far less, than the $804,772 the University had requested.
In the past, an increase in fee money went to the state general fund rather than to the institution.
The governor had no provisions for fee adjustments in either of his budgets.
Photos hint seal caused blast
United Press International
WASHINGTON — The shuttle commission, surprised by dramatic new pictures of the initial booster rocket trouble, ended three days of hearings yesterday by concluding that NASA's launch clearance process was marred by maybes and second guessing.
Chairman William Rogers said recommendations to delay the launch of Challenger because of cold weather either were not forwarded to top project officials or were misunderstood.
"The process as it worked in this case was clearly flawed," he said. "It seems to me if you're going to have a decision-making process with key people involved, it ought to be clear where they stand.
An agency engineer said the pictures, from a different angle and clearer than those previously released, appeared to show a black puff of smoke emerging at rocket ignition from the same area that erupted into flame 58 seconds later.
The panel members appeared taken aback by the pictures which
Otherwise there is a lot of second guessing."
Earlier in the six-hour hearing, two National Aeronautics and Space Administration engineers presented new pictures to the presidential panel that strengthened evidence indicating that a breach in a booster rocket joint triggered the Challenger explosion.
The panel reached its conclusions about the space agency's decision-making process after hearing testimony revealing that Challenger's builder recommended against launch as well as engineers for the company that built the ship's solid fuel boosters.
were displayed to illustrate another point.
Rockwell International officials were concerned about ice on the launch pad damaging the shuttle at liftoff, something that apparently did not happen. Morton Thiolok Inc. engineers feared cold weather might make crucial rocket seals unsafe.
Pictures of the smoke had been seen before but they did not make clear its origin.
Song could violate NCAA rules
By Frank Ybarra Staff writer
Staff writer
A rap song about the KU basketball team is causing some question whether the song violates National Collegiate Athletic Association rules, said Gary Hunter, assistant athletic director.
2
Hunter said he contacted the NCAA about the song after Mike Kirsch, coowner of Gammons, 1601 W. 23rd, asked him to check into possible rule violations.
Kirsch wrote the lyrics to the song, which is known as the "Jayhawk Shuffle."
Hunter said NCAA officials told him the song could violate its rules concerning the use of student athletes' names for commercial use.
Hunter said he was sending a letter to Kirsch asking him to stop playing the song.
The shuffle, which has been played on local radio stations, was heard by someone at the NCAA offices in Kansas City, Kan., Hunter said. The NCAA was pleased Hunt had contacted them before they had to take any action.
Kirsch, when informed of the contents of the letter last night, said he wouldn't do anything to jeopardize
The rules aren't clear in this case, Hunter said, because the University of Kansas didn't promote the song. But to comply with the rules, the Athletic Department has to take some action to prohibit the playing of the song.
the basketball team's standing with the NCAA.
"I suspect the prudent thing to do would be to back off," he said.
Kirsch said he would contact his attorneys to see whether he could still play the song if it was determined the NCAA was being unreasonable in its interpretation of the rules.
He said he thought the players' names should be available for public use.
Hunter said that if the song continued to be played, the players potentially could be declared ineligible.
But he said he wasn't upset the soub had been recorded.
"I think it's great," he said. "I wish we could use it."