(Entutrrtirut State Rules Activities Fee Under Trustees
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(Entutrrtirut Batlg Campus Serving Storrs Since I89& VOL. XLII Storrs, Connecticut, Friday, January 13, 1956 No. 6' State Rules Activities Fee Under Trustees AFA Lectures Draw Praises; Senate Hopes Now Rest Chapter To Invest Proceeds With One Dollar Fee Raise By WILLIAM RATCHFORD By EDWARD FREDB series is a fine tribute to their The long student struggle to regain control over the $4 portion of The recently completed series of imagination and initiative." the activities fee granted to the Student Union apparently ended Wed- American Finance association lec- nesday with the release of the state Attorney General's decision. Believed Unique tures on stock investing came in The ruling, reached Nov. 21 and revealed by a subcommitee of the for some warm praises this week. The series is believed to be the Board of Trustees Wednesday at a meeting with student leaders, states Letters received from Keith Funs- first of its kind in the Unfited States that "The funds of the University, in my opinion, include all monies ton, president of the New York to be entirely initiated, planned j charged, collected or received in the form of appropriations by the Stock Exchange, Dean Laurence and directed by a college student legislature, gifts, activity fund and non-tuition fees. All of these can Ackerman of the School of Bus- organization. Speakers were promi-' be expended only as directed by the University Board of Trustees, and iness Administration William Kin nent men in the investment field i they could not be diverted to any nard, also of the business school who are associated with] activity not sanctioned or directed several of the member firms of the by the Trustees." and advisor to the AFA, agreed, Yale News Bureau Photo U C Symphony substantially, that the program New York Stock Exchange in this Attorney General John Bracken's Professor Millar Burrows, a Bible was an overall success. area. Assisting the local chapter in finding thus appeared to eliminate scholar and archaeologist from Statistics wise, the program was, the preparation of the program any justification raised by the Stu- Will Present was William H. Hendrick. director the Yale Divinty school, will speak dent Senate for placing the portion in the words of Thomas Fitzger- on "The Dead Sea Scrolls", spon- ald, AFA president, an "over- of the Investors' Information Bu- of the fee back under its jurisdic- reau at the New York Stock Ex- sored by Hillel the AAUP, and the tion. The Senate had based its ear- Works Sunday whelming success." About 300 per- Connecticut Academy of Arts and 1 change. lier charges on former University The University Symphony Or- sons were enrolled in the nine-lec- Sciences. Monday night at 8. The The program, according to Mr. catalogues and a 1944 speech of < chestra will present a concert Sun- ture series which commenced Oct. talk will be open to the public. 6 and concluded Dec. 15. Close to Funston, met with such success that President Albert N. Jorgensen, | day nignt at g in tne Auditorium, $850 was grossed; net profit was Mr. Kendrick and Dr. Allen (). which stated, in effect, that all ex- The program, a music department $620. Each lecture was attended Felix, director of education of the Miss Farrell's Concert penditures of the activities fee series concert, will include shorter by between 200 and 300 persons. Exchange, are reportedly thinking would be initiated in the Central compositions ranging from the six- Said Mr. Funston of the New of suggesting this same type of Treasurer's .office. teenth century to contemporary se- York Stock Exchange: "We are program to other universities. Is Wednesday, Jan. 18 Separate Fee lections. simply delighted here at the Ex- Meanwhile, the AFA chapter is A separate fee will now be es- Included in the program will change that the lecture series on planning to invest the proceeds in The Daily Campus erroneously tablished, to be known as the Stu- be Vaughan Williams' "English investing proved so successful. listed securities of the New York reported yesterday that Miss Ei- dent Union Fee (of $4) and will in Folk Song Suite" and Hans Kind- leen Farrell's concert would be pre- ler's arrangement of Valerius' Mr. Funston Comments Stock Exchange. This fund will be no way fall under Student Senate administered by the students of sented next Tuesday, Jan. 17. The control. This was the bone of con- "Three Seventeeth Century Dutch "I guess we have all underes- the local chapter and "will un- concert will not be presented Tues- tention raised by student leaders Tunes." An effective transcrip- timated the interest of students in questionably provide us all with day, but Wednesday, Jan. 18. The in 1952 when the Union formally tion of Bach's "Prelude and Fugue in B Flat Minor" from the "Well- a course like this. All of us here very practical experience in invest- Campus regrets the error. opened. Stating that they should Tempered Clavier" will also be have been amazed at the response," ment management." Fitzgerald said. control the fee as stated in the presented as well as a perform- Mr. Funston added. The investment will be handled catalogue, the leaders fought ve- ance of the "Waltz" from the "Dan- Dean Ackerman had some words under a custodianship agreement ISO To Hold hemently to make the Board of ce Suite Nnmber 1" by Joseph Ott, of praise himself. He called the with the Connecticut Bank and Trustees return the entire fee to a sophomore music major and series "a unique experiment in Trust Co. The bank will handle the Senate jurisdiction. Senate Primary president of the Orchestra. bridging the gap between theory investments as directed by the club Under such leaders as Senate The Symphony Orchestra, under and the actual business scene. From and Mr. Kinnard. Donald M. Snell The Independent Students or- Presidents George Zondiros and the directorship of Harold H. Kidd- all indications, not only have the of Eddy Bros, in Hartford assisted ganization will conduct its prim- Earl Capuano and Campus Editor students profited, but the speakers in arranging the agreement. ary for the Student Senate elec- er of the music department facul- Carl Callum, the battle reached a ty, has a membership of 75 and who have associated with the stu- Dividends' Part tions Tuesday at 6:30 in HUB fervor, to the point of the Senate's dents have derived a great deal of 101-102. places special emphasis on the str- seeking legal advice. ing section. It is made up of stu- information on the attitude of The dividends received from the Any undergraduate may seek Issue Revived dents and friends of the Univers- young people towards securities investment will be used for "es- nomination in the primary, if he transactions." sentially educational purposes," has an 18 QPR average. First Last year, through the investiga- ity. The group presents two con- tion of Campus Editor James Ray- certs annually, one at the end of Mr. Kinnard wrote that it is a Fitzgerald said. Presently, the' In- semester freshmen must have had ; ball, the issue was revived. Ray- each semester. The concert on Sun- "genuine pleasure for me to be as- ternal Revenue Bureau is consider- 20 QPR's at mid-semester to r.e I ball made public a State Auditor's; uay evening will be open to th» sociated with a group as active ing the club's application to have eligible, according to Ronald Piv- See FEE page 6 public. and as ambitious as the finance the proceeds tax-exempted under nick, ISO president. association at Connecticut. The suc- an educational exemption clause in • Any person may attend the cess of their investment lecture the tax laws. primary and speak during the dis- A Review cussion. Only ISO members will Le allowed to vote on the candidates, however, and voting will be con- Irish Festival Folk Group 'Senate Will Be Consulted ducted by secret ballot. The plat- form of the group will be discussed On Fee Split 'Says O 'Brien prior to nominations, for action by Presents Unusual Program the body. Ihe harp that onc< tkm Tara's halls. According to Merritt O'Brien, Any student interested in run Student Senate president, the Board such event may be avoided in the tin' sold of MMttC .-' ' • ning for Senate positions may ob- So" lutnas (is mitti on f.tai'* trails M if that of Trustees has stated that it will future. There appears to be some uneasiness among the senators con- tain more detailed information soi'l in 11 fli'd; not again split the Activities Fee, cerning the possibility that ap- from the following persons: Ron- unless the Board members first By STEVE JONES propriations for the new audito- ald Pivnick, Hurley hall; James discuss it with the Senate. Senator The harp that once shed music romped through the bouncing tale rium will be taken from the Se- McGuire, Fairfield hall; George John Tierney, at Wednesday's se- Coates, Windham hall; Barbara through Tara's halls may now be of "The Donovans", while "Johnny nate money. nate meeting, asked that the Board Carpenter, Kappa Kappa Gamma; mute, but The Irish Festival sing- Comes Marching Home" turned out be pressed into a guarantee that ASG Press Audrey Delaney, Sprague hall; ers proved Wednesday night that to be "Johnny 1 Hardly knew Ye!" the fee will not be split without A motion to set up an Associat- Merry Jo Siehr, French house; the music it played isn't dead. in the Herbert Hughes arrange- the Senate's agreement. ed Student Government Press was John Davis, Beta Sigma Gamma; The singing group, which hails ment which used the full chorus to Board To Discuss Fee brought back onto the floor by Matthew Shafner, McConaughy from Dublin, roamed trough 32 rollicking advantage.