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The Diamond of Psi Upsilon June 1939

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The Diamond of Psi Upsilon June 1939 mmm^Hi^Hm | ^[gIaIII] S I rii/w^^^wq m DIAMOND of ^si %Cpsilon i=c [5) ^ June, 1939 VOLITME XXir NUMBER FOITR i Bg'w'TO^|[|][B[Tigg[S5litaa^ 4 *,^4i '4 The Diamond of Psi Upsilon OFFICIAL PUBLICATION OF PSI UPSILON FRATERNITY Published in November, January, March and June by THE diamond of PSI UPSILON, a Corporation not for pecuniary profit, organized under the taws of Illinois. Volume XXV June, 1939 Number 4 ^A^ OPEN FORUM FOR THE FREE DISCUSSION OF FRATERNITY MATTERS EDITOR Albert C. Jacobs, Phi '21 ADVISORY COMMITTEE ON THE DIAMOND LeRoy J. Weed, Theta '01, Chairman Warren C. Agey, Zeta '11 John C. Esty, Gamma '22- A. Noethey Jones, Beta Beta '17 Olivee D. Keep, Delta Delta '25 William D. Kennedy, Delta Delta '16 J. J. E. Hessey, A'^m 'IS Scott Turner, Phi '02 LIFE SUBSCRIPTION TEN DOLLARS, ONE DOLLAR THE YEAR BY SUBSCRIPTION, SINGLE COPIES FIFTY CENTS Bu.nness and Editorial Offices, 450 Ahnaip St., Menasha, Wis. or Room 510, 420 Lexington Ave., New York City Entered as Second Class Matter January 8, 1936, at the Post Office at Menasha, Wisconsin, under the Act of August 24, 1912. Acceptance for mailing at special rate of postage provided for in Paragraph 4, Section 638, Act of February 28, 1925, authorized January 8, 1936. TABLE OF CONTENTS Page Endowment and The Diamond, by Edward L. Stevens, Chi '99 195 The Scholarship-Loan Problem, by Thomas R. Bodine, Xi '37 199 Available Scholarship Loan Systems 203 Edward Hungerford, Pi '99, General Director�"Railroads on Parade" Pageant, New York World's Fair� 1939, by Peter A. Gabauer, Pi '25 204 The Founders' Constitution, by Leroy J. Weed, Theta '01 209 Program for the Convention with the Kappa 211 Names Prominent in the Kappa 212 Psi Upsilon All-Amekican Scholastic Teams 214 Demoniacal Digest of the Dikectoey 219 Address at the One Hundred-Sixth Annual Initiation Banquet of the Theta Chapter, by Frank B. Gatchell, Je., Theta '37 220 Rho Owl Song 221 Among Our Alumni 222 Alumni Notes 229 Activities of the Alumni Association 237 News feom Psi Upsilon Alumni Clubs 239 Minutes of the Executive Council Meetings 242 Edward T. Richards, Sigma '27, Elected to the Executive Council . 243 In Memoriam 244 Rushing Chairmen for the Autumn of 1939 250 Associate Editors of The Diamond for Next Year 251 High Lights from the Chapter Communications 252 Directory Chapter Roll of Psi Upsilon 257 General Information 258 Chapter Alumni Associations 259 The Executive Council 260 Alumni Association of Psi Upsilon 260 ENDOWMENT AND THE DIAMOND By Edvstabd L. Stevens, Chi '99 recent articles in The Dia conducted without expense to Psi TWOmond by former Executive Upsilon; its members always pay all Council members (by Brother Ar of the cost of their visits to our chibald Douglas, Lambda '94, in the chapters. Several Council members November issue, on our own prob usually attend the Convention at lems of endowment, and by Brother their own expense. The Council's Herbert S. Houston, Omega '88, only regular expenditures, other last January, on our Magazine's than those in connection with chap long life) have given me food for ter visits and Conventions, are a serious thought, as they doubtless stenographer's salary, the rent of a have many other members of Psi small office, ordinary office expense Upsilon. Both articles are full of and occasional printing. The steno optimism, but each emphasizes a graphic and office cost is shared by serious situation which demands for The Diamond, whose Editor, inci its solution a carefully considered dentally, draws the regular Psi U plan. salary, a Dollar a Year (less $1 and As a national (now international) expenses). organization, Psi Upsilon has always Brother Douglas has indicated been most conservative. Our chap several problems of financial sup ters, where action on such vital mat port which are peculiarly chapter ters as the building of new chapter problems, varying with the different houses has been called for, have chapters. A Committee to study never hesitated to do the needful these problems, if appointed, as he thing and to do it promptly; and wisely suggests, by the coming Con "down our chapter Alumni on such occa vention at Bowdoin College able to make a sions have been generous with their in Maine" will be to the time and money, according to their fine contribution lasting hap individual circumstances. But our piness and financial stability of our His further for Fraternity as a whole has never chapters. suggestion sources of in sought nor received financial aid additional revenue, from its members after their gradua cluding endowments, giving the Ex tion. The small dues paid annually ecutive Council a dependable annual for work for our by our active members (smaller income important would afford it a than those of any other fraternity chapters, great op of increased so far as I have been able to learn) portunity usefulness, have sufficed for the correspondingly is most sound, the result of years of observation and small annual budget of our Execu thoughtful experi tive Council and for a considerable ence. such as these part of the cost of our annual Con A long-range plan, ventions. No Executive Council of suggestions contemplate, should the sooner the ficer or other member has ever re come eventually; are better. Until the needed sources of ceived a salary; its meetings Edwabd L. Stevens, Chi '99 THE DIAMOND OF PSI UPSILON 197 income start to grow, however, our both through the chapters and dir Alumni groups will have to care for ect from The Diamond and the the needs of their respective chap Executive Council, have been made ters, as in the past. The matter of to induce them to subscribe for life most immediate concern, I believe, or from year to year, but without is the much-needed increase in the much success. Obviously, the best annual income of The Diamond. advertisement of The Diamond to For various reasons, our Psi Upsi these Alumni, who have lost touch lon Alumni not only have not been with the Psi Upsilon of today "legacy-conscious"; they have not (though they are full of love for the even been used to the idea of any Psi Upsilon of the past), is the contribution for any purpose con Magazine itself. I can think of no nected with the Fraternity as a way in which our Alumni well- whole. Their nearest approach to it wishers of The Diamond can do is when they contribute, willingly more to help it than to arrange to and generously, for their chapter's send our Magazine for a year or share of the cost of an annual Psi more to a few old classmates who Upsilon Convention; but they do so have never subscribed to it and chiefly because their own chapter rarely seen it. is the host. Recently, however, the The Diamond has proved its use signs of a new attitude have ap fulness beyond question and should peared, largely because of the influ go on. Its subscribers have indicated ence of The Diamond, the Centen their desire for an increase in its nial of 1933 and the Alumni Associ size and scope. Its Editor would ation of Psi Upsilon (founded less gladly meet this desire, but lack of than ten years ago). Yet the fact sufficient income restricts the size still remains that a large proportion of each issue to a fraction of the of our Alumni belonging to the gen splendid material available for use. erations prior to 1920 see no reason Many members of Psi Upsilon be why the general Fraternity needs lieve that, ever since initiation, they their support now, even for a fine have been receiving "something for Magazine designed to keep all mem nothing." The Diamond has added bers of Psi Upsilon in touch with much to that "something." What their Fraternity, when it has got can we do to help it.'* Let us stir our along without such support for a brains, talk it over with our Psi U century. friends and give the Editor, the Con It is difficult to get in touch with vention, and the Council the aid of these Alumni. Various attempts. our ideas and financial help. A gathering unique in character was held at the home of Brother Archibald Douglas, Lambda '94, in Spuyten Duyvil, New York, on May 12. At that time there assembled the four living Presidents of the Executive Council of Psi Upsilon, Brothers Earl D. Babst, Iota-Phi '93, Edward L. Stevens, Chi '99, Archibald Douglas, Lambda '94, and Scott Turner, Phi '02. They met to discuss the general policies of Psi Upsilon. ^A^ "fl 9^\ '*myi 'i^tl^.^l Thomas R. Bodine, Xi '37 THE SCHOLARSHIP-LOAN PROBLEM By Thomas R. Bodine, Xi '37 boys financially is more them for dictatorship. A coach does not than a of HELPINGproblem raising money. teach boys to play football by carrying It is a in problem democracy. It is a the ball for them; he stands on the side of for problem doing something college lines and lets the boys themselves carry boys without the ball. Let the from them taking Alumni stand on their preroga the sidelines. Let tives of self gov the undergradu ernment and self ates carry the reliance. ball. Once hav It is very easy ing tasted the to deny a boy joy of solving the privilege of problems them standing on his selves, they will own feet. When be less inclined you give a per to fall in with son too much some demagogue financial assist dictator who of ance, you under fers to solve mine his self re all problems for liance.
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