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The Archives of the University of Notre Dame The Archives of The University of Notre Dame 607 Hesburgh Library Notre Dame, IN 46556 574-631-6448 [email protected] Notre Dame Archives: Alumnus r"^r, ^--^1? r-"*"!-*-^ '^ 3'AeJV€^Q)ame -\ ^ •^t '. -»- a' JANUARY . FEBRUARY. 1949 Um h.- VOL. 27 NO. I -'j^" Unicersiiy of Notre Dawne du Lac FINANCIAL STATEMENTS for the fiscal year ending June 30, 1948 -^- Ineotne and Expense Balmnee Sheet Income from: ASSETS Student Fees ^4,810,020.79 Current 4 5,337,160.69 General Endowment and Scholarships 100,653.17 Accounts Receivable — Stadiiun Boxes . 20,379.00 U. S. Govermnent Reimbursement for Prepaid Expenses and Deferred Charges 53,407.38 Research and Services 341,218.53 Funds Applied to Current Restricted Expenditures: Other Assets 5,225.13 For Research from Industrial Sources 69,479.29 Buildings and Equipment .. 10,180,239.78 For Fellowships, Awank, etc., Fund Assets: from Private Sources .. 65,664.49 Restricted with University. _?1,639,204.21 Financial Income and Miscellaneous — .. 200,875.53 Board of Lay Trustees _ 5,748,728.25 Student Loan Funds 15,285.69 7,403,218.15 ?5,587,911.80 Net Income, Auxiliary Departments: TOTAL ,^22,999,630.13 Athleric 4 185,466.71 Book Store . _ 55,491.43 Other 9,797.04 LIABILITIES Net Income from Auxiliary Departments.. 4 250,755.18 Current _? 2,799,316.44 Deferred Income (Advance Stadium Sales) . 56,02132 Total Income - ..^5,838,666.98 Surplus .. 12,741,074.22 Fimd Accountabilities: Operating Expenses: Restricted with University _.?1,639,204.2I College of Arts and Letters . „._?1,076,409.46 Board of Lay Trustees 5,748,728.25 College of Science 972,887.07 Student Loan Funds 15,285.69 7,403,218.15 College of Engineering .._ 679,947.37 College of Commerce ..._ 283,521.45 TOTAL ^22,999,630.13 College of Law . __ 124,964.16 R. O. T. C. Courses ..._ 25,525.61 Student AcQvities and Publications . ._ 174,285.13 Residence Halls .._ 647,309.28 Dining Halls . 1,497,612.78 Student Service Departments . ..._ 276,678.43 Scholarships and Fellowships . ..._ 117,662.65 Total Operating Expenses — ^5,876,803.39 NET LOSS g 38,136.41 CONTRIBUTED FUNDS Gifts ^547,004.41 Unrestricted ^275,816.24 Restricted 271,188.17 Current Restriaed Expenditures _ 135,143.78 NOTES: a) The expenses of the religious msmbeis for the year arc NOTE: $7,403,218.15 FUND ASSETS and FUND ACCOUNTABILI­ included in expense as salaries of religious employees, TIES does not include $532.48530—Unrestricted Contributed b) Depredation on buildings and equipment has been pro­ Funds, of which $350,000 has subsequently been designated rated to the \'anous departments as an expense. for Science Building Fund. As repotted in the Income and Expense Statement the University had a net loss from operations amountiiig to ^38,136.41, or a little over Vi^o of the total operating expense, which included an increased expenditure resulting from the expansion of the Graduate School and allo­ cation of the parrial expense resulting from the erecnon of Farley Hall. In the interest of avoiding lengthy detail, we have presented net income from the many auxiliary departments. In analyzing its position relative to the proposed Science Building in 1949 it was found that the Univeisity could contribute ^350,000 of unrestricted contributions to Notre Dame in 1946 and 1947, towards the ^1,750,000 estimated cost of the Science Building. Therefore, ^1,400,- 000 is still heeded from alumni and friends in 1949. The Notre Dame Alumnus This magazine is published bi-monthly by the University of Notre Dame, Notre Dame, Indiana. Entered as semnd dass matter Octo­ ber 1, 1939, at the PostotBce, No.re Dame, Indiana, under the act of August 24, 1912. Member of the American Alumni Coundl. James E. Aimatrong, '25. Editor; William R. Dooley, '26. Monaging Editor VoL 27 lANUABY-FEBRUABY. 1949 No. 1 A Notre Dame Contribution The Natural Law Institute "In a world engulfed by pragmatic ma­ support of the Notre Dame Club of New terialism, the Institute attempts to reaffirm York, came to new stature and %vider recog­ the proposition that the roots of all human nition in 1948 and promises to reach even liberty may continue to rest, with safety, only fuller development in 1949. in a recognition of the immutability of the principles of justice and the universality of The two-day program in December was morality." devoted to the historic development of the natural law and to an exposition of the status These are words taken from the official of natural law in American jurisprudence. program of the second annual National Law Participating were many alumni, especially Institute, conducted at the University on from 'the legal fields, and many faculty mem­ Friday and Saturday, Dec. 10 and 11. They bers and Notre Dame students. tell, in brief, the meaning of one of the Uni­ Dr. Gordon Hall Goroold of noBcaloa versity's outstanding contributions to pres­ To quote again the official program of Unirenity was on* ol the bslitule's fire ent-day living. the Institute: "The second annual proceed­ principal speakers. ings will emphasize the historical roots of The Natural Law Institute, undertaken natural theory in five distinct eras of world for the first time in 1947 with the financial history. Unless one agrees with Hegel that 'we learn nothing from history except the fact that we learn nothing from history,' the proceedings of the second Institute, and the five distinguished lectures it presents, shoidd be a rich harvest of knowledge. The similarities and dissimiliarities in the theories of the natural law among the civilizations should serve to stimulate fresh reflections among those who yearn for a solid theory of certainty and truth upon which to buttress the failing hopes of salvation for a worid over which the air hangs heavy in the fear- inspiring silence before an atomic cataclysm. The hour is late, but the Natural Law Insti­ tute believes we have, not only the time, but the heavy moral obligation to find the right answers." The following distinguished scholars read papers before the Institute sessions: DR. MAURICE LEBEL—"Natural Law in the Greek Period." DR. ERNEST LEVY—"Natural Law in the Roman Period." DR. GORIX>N HALL GBSLOVVD—"Natural Law in the Mediaeval Period." The Unirersily. was happy to welcome a large niuiher oi aliumi to the Natiuol Ltiw DR. HEINRICB A. ROMMEN—"ATofura/ Institute. This alumni group, with '22 predominating, includes, left to right. Vniliam Law in the Renaissance Period." A. A. Castellini. '22. Cincinnati. Baymond J. Keams, '22. Teire Haute, bid., Chester A. Wynne, '22, ludge M. M. Osbe. '12, WiUiom G. Ferstel, '00, and JUDGE ROBERT N. WILKIN—"Status of lerome F. Dixon, '22, all ol Chicago. Natural Law in American Jurisprudence." The Notre Dame Alumnus Dr. Lcbel is head of the Department of in the University of Washington (currently Princeton University faculty since 1905 and Greek in Laval University, Quebec, a Fellow on leave). Before 1937 he was a teacher of is presently professor-emeritus of English. He of the Royal Society of Canada and chair­ Law in the universities of Berlin, Frankfort, became Holmes Professor of Belles Lettres man of the Humanities Research Council Freiburg and Heidelburg in Germany. at Princeton in 1938 and chairman of the in Canada. Dr. Levy is a professor of Law Dr. Gerould has been a member of the Department of English in 1942. Dr. Rom- men, a professor of Political Science in the College of St. Thomas, St. Paul, Minn., is the author of numerous scholarly essays in legal and political philosophy and of the books, "The State and Catholic Thought" and "The Natural Law." He was educated in Germany and was active there in Catho­ lic social action the last years of the Weimar Republic. Judge Wilkin, Cleveland, federal judge for the Northern District of Ohio, is a grad­ uate of the University of Virginia and did graduate work at Harvard University. He is the author of "The Spirit of the Legal Profession" and the "Eternal Lawyer" and a trustee of Oberlin College and Western Reserve University. Archbishop Schulte Honorary Chairman Most Rev. Paul C. Schulte, D.D., arch­ bishop of Indianapolis, was the honorary chairman of the second annual Natural Law Institute. Rev. John J. Cavanaugh, C.S.C, president of the University, was the presid­ ing officer. Alvin A. Gould, Cincinnati busi­ nessman, was the sponsor. The Institute was measurably aided by A radio broadcost over WSBT, South Bend, was one feature of the second Natural Law the efforts of some Notre Dame clubs which, Institute. Participating in the broodcast were, left to right. Dr. Gordon Hall Gerould of utilizing a script written by the Department Princeton Unirersity: Boy T. Miller, '14, Cleveland: Bev. Gerald B. Phelon. director of of Public Information, arranged for broad­ Notre Dame's Mediaeval Institute: Dean Clarence Manion; and Dr. casts on local radio stations. Maurice Lebel of Loral University. "The problem of the natural law is cer­ tainly one of the most ancient in human thought as well as one of the most subtle in its aspects and one of the most far- reaching in its conclusions," said Dr. Lebel. "The expression 'natural' law is ambiguous, confusing and misleading; it means natural justice, that is to say, an inner sentiment of right and wrong, which is to be found everywhere in all men; it is not written, it is proper to human nature, it is a thing of reason; all men have a natural, infallible and practical knowledge of it; man must do good and avoid evil; he who sins shoidd be punished; damage done must be repair­ ed; man must preserve his own being.
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