MARCH 1966 the International Fraternity of Delta Sigma Pi
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0 F D E L T A s G M A p Eastern New Mexico University, Portales, New Mexico PROFESSIONAL BUSINESS ADMINISTRATION FRATERNITY FOUNDED 1907 MARCH 1966 The International Fraternity of Delta Sigma Pi Professional Commerce and Businl'ss Administration Fraternity Delta Sigma Pi was founded at New York Univer sity, School of Commerce, Accounts and Finance, on November 7, 1907, by Alexander F. Makay, Alfred Moysello, Harold V. Jacobs and H. Albert Tienken. Delta Sigma Pi is a professional frater nity organized to foster the study of business in universities; to encourage scholarship, social ac tivity and the association of students for their mu tual advancement by research and practice; to pro mote closer affiliation between the commercial world and students of commerce, and to further a higher standard of commercial ethics and culture, and the civic and commercial welfare of the com munity. IN THE P RO FESSI O NAL SPO T LIGHT In the Professional Spotlight arc the mem bers of Zeta Mu Chapter at Arlington State College during a planning meeting for the proposed Dcltasig Park in Arlington, Texa . Attending the meeting are from left to right: Carl Tucker of the Arlington tate land c:1ping depnrh11ent; Curtis Mosley, president of Zeta 1u Chapter; Arlin~'ton Cit Park Director Melvi11 Shanks· Chapter dvisor Chnrle Yeager; Pledge Pre idcnt Jnme o s, and rlin ton layor Tom J. nnder riff. The park which is adjacent to the campu ha been gi en to tile Zeta Iu hapter by the City and College for de velopment a n civic project. · March 1966 • Vol. LV, No. 3 0 F D E L T A s G M A p Editor CnARLES L. FARRAR From the Desk of the Grand President . 82 Editorial Advisory Board A Word From The Central Office . 82 Dr. Ralph C. Hook, Jr. 1721 La Rosa Drive Zeta Omicron Charter Granted to C. W. Post . 83 Tempe, Arizona 85281 Timothy D. Gover Private Placement of Corporate Bonds . 85 2300 Richmond A venue Mattoon, Illinois 61938 Among the Chapters . 86 Dr. James F. Kane 101 N. Skinker Blvd. Sta. 24 Fraternity's Lastest Chapter Installed at St. Joseph's St. Louis, Missouri 63130 College . 107 James 0. Tinsley, Jr. Box 283 An Overview of the U. S. Economy . 109 Lubbock, Texas 79408 With the Alumni the World Over . 114 Dr. H. Nicholas Windeshausen 3908 Pounds A venue Sacramento, California 95821 Delta Sigma Pi Director . 117 Postmaster: Please send copies returned Our Cover under labels Form 3579 to Delta Sigma Our campus scenes continue as we featu re on this issue of The Pi, 330 South Campus Avenue, Oxford, DELTASIG the modernistic campus of Eastern New Mexico Ohio 45 056. University at Portales, New Mexico,. where Delta Sigma Pi in stalled its Epsilon Eta Chapter in 1960. The. DELTASIG of Delta Sigma Pi is pubhshed four times annually in the DELTA SIGMA PI is a charter senior member of the Pro months of November, January, March, fessional Interfraternity Conference, organized in 1928. The and May. Publication Office-Curtis Reed members of the Conference comprise: ARCHITECTURE, Plaza, Menas ha, Wisconsin, 54952. Edi Alpha Rho Chi. CHEMISTRY, Alpha Chi Sigma. COM torial Office-330 South Campus Avenue, MERCE, Alpha Kappa Psi, Delta Sigma Pi. DENTISTRY, Oxford, Ohio 45 056. Alpha Omega, Delta Sigma Delta, Psi Omega, Xi Psi Phi. Subscription price: $3 per year. EDUCATION, Kappa Phi Kappa, Phi Delta Kappa, Phi Ep silon Kappa, Phi Sigma Pi. ENGINEERING, Theta Tau, Se_cond _class postage paid at Menasha, Sigma Phi Delta. LAW, Gamma Eta Gamma, Delta Theta W1sconsm 54952, and at additional mail Phi, Sigma Delta Kappa, Phi Alpha Delta, Phi Beta Gamma, ing _offi ces. Acceptance for mailing at Phi Delta Phi. MEDICINE, Alpha Kappa Kappa, Theta Kappa spec1al rate of postage provided for in Psi, Nu Sigma Nu, Phi Beta Pi, Phi Chi, Phi Delta Epsilon, !he Act of February 28, 1925, embodied Phi Lambda Kappa, Phi Rho Sigma. MUSIC, Phi Mu Alpha m paragraph 4, Section 538, P. L. & R., Sinfonia. PHARMACY, Alpha Zeta Omega, Kappa Psi, Rho 1932 edition. Printed in U.S.A. Pi Phi, Phi Delta Chi. M. JOHN MARKO Beta Rho-Rutgers A STIRRING FORCE in the progress of Delta Sigma Pi You have to. You must to guarantee an exemplary per is the influence of our traditions. An analysis of this legacy formance. ca ts a light upon our aims and ideals and thus our avowed Now is the time for each chapter and alumni club to a k aspirations become clearer. themselves questions such as these. Was the year's program The history of great nations is also lavish with tradition. planned ahead and consistent with the aims and objectiv But complementary findings emerge from a different set of of Delta Sigma Pi? data. Those which are embodied in the logic of experience. The Was this plan realized? Were all administrative responsibili summary of actual achievement. The record of events which ties attended to and on schedule? What ba ic cau es affected di clo e the conditions under which such nations have grown results? Was the dignity of Delta Sigma Pi's history main and then have either flourished or failed. tained and enhanced? Herein lie the lesson. Tradition alone will not guarantee Now is the time to realize that the start of next year' growth or the heights of success and eminence. activities coincides with the close of this year's activities. The The ideal bu ine s design controls itself through feedback summer months generally focus on endeavors other than a from it results to its own validity. The closer a business formal and intensive program of fraternity activities. Early approache the design, the greater should be its profitability. planning and a determination of needs, now, is a must for con· So too with Delta Sigma Pi, we must all work systematically tinuity. Equally as demanding is the orderly and informed on making the future. And o as in a profitable business exchange of responsibilities between incoming and outgoing venture, we must be measuring, evaluating and controlling officers to ensure "wrapping-up" everything that must be results. accomplished this year and to ensure a strong start for the Sooner than we realize, the close of this collegiate year's next. activitie will be at hand. Yet there is still much to be done. Heed the following words by Samuel Taylor Coleridge Now i the time, like the Roman god Janus, to look back clo ely- ward and to look forward at the same time. Look back; re "lf men could learn from history_, what lessons it might view and analyze the year to date. Look forward; apply that teach us! But passion and party blind our eyes, and hi tory where you can. Identify weaknesses and strengthen the light which experience gives is a lantern on the them. Take what is good and improve upon it. Seek out the stern, which shines only on the waves behind u !" values and opportunities at hand and the goals to work to. Where will the rays of your experience cast their light? PRI G J T A NOT be far away and a it arrive we Plans also call for me and Director of Busines Education turn our attention to the u ual Spring activities. Fir t on our Ralph C. Hook, Jr. to attend the annual meeting of the Ameri· agenda at The entral Office i the preparation for the nine can A sociation of Collegiate Schools of Bu ines and the Regional meeting to be held earl next Fall. When the e Council for Profes ional Education for Bu iness at San Diego arrangement are completed each chapter and alumni club in April. I shall al o be attending the biennial meeting of the will be notified in order that ou can make plans now to Profes ional Interfraternity Conference at St. Louis, M is ouri. attend. 82 The March, 1966, ISSUE rJ 0 F D E L T A s G M A p Groene presented the letters of congratu Zeta Omicron Charter Granted lations which had been received from throughout the fraternity. Executive Di rector Farrar also added his personal best wishes to the members and the new to C. W. Post College chapter. Concluding the program was the presentation of the chapter gavel to Pres ZETA OMICRON CHAPTER of master, introduced Brother Henry C. ident Seiter by Regional Director H. Delta Sigma Pi was installed at C. W. Mills, vice chancellor of academic affairs Melvin Brown. Post College, Greenvale, New York, on at C. W. Post College, who extended Saturday, December 11, 1965. With the greetings to all the members and guests History of installation of the newest chapter the present. Brother Edward Cook, director C. W. Post College chapter roll has now swelled to an all of the School of Business Administration As early as 1946 the Board of Trust time high of 138 undergraduate chapters. was then called on to present the history ees of Long Island University under the The new Zeta Omicron Chapter now of his School. Brother Peter K. Ewald, leadership of William Zeckendorf, board joins other chapters located in the State provost of C. W. Post College, presented president and Dr. Tristram W. Metcalfe, of New York at New York University, the history of Beta Alpha Pi Fraternity, president of the University, had con State University of New York at Buffalo, our petitioning organization. The climac ceived the idea of establishing a new col St. Bonaventure University, Ithaca Col tic moment of the day's activities came lege in the rapidly developing Nassau lege and Rochester Institute of Technol when Grand President M.