0 F D E L T A s G M A p I Uni ve rs ity of Virginia, Charlottesville, Virginia OFESSIONAL BUSINESS ADMINISTRATION FRATERNITY FOUNDED 1907 JANUARY 1970 The International Fraternity of Delta Sigma Pi Professional Commerce and Business 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 PROFESSIONAL SPOTLIGHT OUR PROFESSIONAL SPOTLIGHT is fo· cused on the members of Eta Pi Chapter at Wayne State College, Wayne, Nebraska, in an informal discussion with James Larsen after he conducted an investments seminar for the chapter. January • 1970 Vol. LIX, No. 2 0 F D E L T A s G M A p Editor . CHARLES L. FARRAR From The Desk of The Grand President . 50 Editorial Advisory Board A Word From The Central Office .. .... .... ... ... .. 50 Timothy D. Gover, Chairman 112 Wabash Avenue Eta Chi Chapter Becomes Eleventh in California ....... .. 51 Mattoon, Illinois 61938 University of Colorado to Occupy new School of Business Firman H. Hass Building ...... .. ... .. .. ........... ............ 54 15903 Rosemont Road Detroit, Michigan 48223 People and Systems •••••• • •••• • • •• • • • ••• 0 0 •••• • •• •• 0 •• 55 Robert L. Howe Among The Chapters 57 3830 Random Lane Sacramento, California 95825 Manpower Development: The Eleventh Hour is Now .... 82 Dr. James F. Kane, Dean With The Alumni the World Over .. ........... ........ 84 School of Business Adm. Univ. of South Carolina W. Harmon Wilson 5101 Madison Road Cincinnati, Ohio 45227 Our Cover Our cover for this issue of THE DELTASIG features this unusual view of the Rotunda and The Lawn at the University of Virginia at Charlottesville, Virginia. The Rotunda, long considered a land­ Postmaster: Please send copies returned mark on the University of Virginia campus, was built prior to the under labels Form 3579 to Delta Sigma actual start of classes nearly 145 years ago. Pi, 330 South Campus Avenue, Oxford, Ohio 45056. The DELT ASIG of Delta Sigma Pi is published four times annually in the months of November, January, March, and May. Publication Office-Curtis Reed DELTA SIGMA PI is a charter senior member of the Pro­ Plaza, Menasha, Wisconsin 54952. Edi­ fessional Interfraternity Conference, organized in 1928. The torial Office-330 South Campus Avenue, members of the Conference comprise: ARCHITECTURE, Oxford, Ohio 45056. Alpha Rho Chi; CHEMISTRY, · Alpha Chi Sigma; COM­ MERCE, Alpha Kappa Psi, Delta Sigma Pi; DENTISTRY, Subscription price: $5.00 per year. Alpha Omega, Delta Sigma Delta, Psi Omega, Xi Psi Phi; EDUCATION, Kappa Phi Kappa, Phi Epsilon Kappa; ENGI­ Se~ond .class postage paid at Menasha, NEERING, Theta Tau, Sigma Phi Delta; LAW, Gamma Eta Wtsconsm 54952 and at additional mail­ Gamma, Delta Theta Phi, Sigma Delta Kappa, Phi Alpha Delta, ing . offices. Ac~eptance for mailing at Phi Beta Gamma, Phi Delta Phi; MEDICINE, Alpha Kappa spectal rate of postage provided for in Kappa, Theta Kappa Psi, Phi Beta Pi, Phi Chi, Phi Delta Epsi­ ~he Act of February 28, 1925, embodied lon, Phi Lambda Kappa, Phi Rho Sigma; MUSIC, Phi Mu m paragraph 4, Section 538, P. L. & R., Alpha Sinfonia; PHARMACY, Kappa Psi, Rho Pi Phi, Phi 1932 ed ition. Printed in U.S.A. Delta Chi: VETERINARY MEDICINE, Omega Tau Sigma. wARREN E. ARMSTRONG Gamma Iota-New Mexico WHILE TRA YEUNG cross-country in a commercial jet have very little economic anxiety in their overall makeup. recently I had the good fortune of meeting a college recruiter Today's graduates feel that self fulfillment and the achieve­ employed by one of the larger corporations in America. We ment of individual identity is stronger than an "extra hundred had a very interesting two hour discussion on .today's yout~, or two per month." methods of recruiting, and serious changes his company IS 1 believe it is time for industry to take another "tack" on contemplating. He asked that he not be identified. this problem. It is also my belief that today's graduate should The value of the recruited coUege graduate is being ques­ not be so starry-eyed in thinking their entire future belongs to tioned seriously by his company, he commented, "It takes us the larger corporations. It's true the graduate is romanced by a year to train them after they have been educated. Within the big giants but perhaps we should find out why. another six months they have moved to another company, not The smaller companies of today may offer many more ad­ for more money generally but just to move." vantages in personal attainment. Their starting salaries may Unless industry understands many of the problems of the be slightly lower but compare the differences of like positions "Now Generation" and makes some changes, the graduates after five years or ten years with each. of the 1970's will become the "Lost Generation." I'm not really knocking the larger corporations but you Money is nice, but it alone will not suffice in dealing with should look at both sides of the coin before you decide wherein young men who have become accustomed to affluence and your future lies. our four founders over 62 years ago? Are these aims and objectives as appropriate in today's academic environment as they were then? Certainly there is no less need for professional WE HAVB NOW entered into the decade of the '70's. There competence on the part of our members. Communications be· is no crystal ball in which we can look to see what the future tween the business student and the business community are holds for Delta Sigma Pi. During the last decade 56 new more vital than ever before if there is to be mutual understand· chapters have joined our ranks and nearly 30,000 new mem­ ing. We must then agree that our aims and objectives are still bers were initiated. It staggers the imagination to think that an as appropriate today as they were when we were founded. equal growth in the next decade will increase the membership Through the years changes have been made in our fraternity to over 100,000 members and over 200 undergraduate chap­ as dictated by current trends and will probably continue to be ters. During this past decade we have also liquidated the in­ made as necessary. If we are to remain a leader in the academic debtedness on the original Central Office building and shortly community and maintain the respect of the academic, as well will be moving into expanded quarters. We hope that we have as the business community, we must continue our dedication to prepared for this future growth. these aims and objectives of our fraternity. If we are to reach this level of achievement, we must have More important, if the fraternity is to withstand the criticism the dedication possessed by our predecessors. We may right­ of being "pro establishment", we must by our action demon· fuiiy ask are we as a professional business fraternity living up strate the professional character of our fraternity and its aims to the aims and objectives of our fraternity as established by and objectives. 50 THE January, 1970, ISSUE of 0 F D E L T A s G M A p Eta Chi Chapter Becomes Eleventh in California ON NOVEMBER 16, 1969, just a sor, and undergraduate delegations from Opening the evening's program was week after the 62nd Anniversary of the Delta Sigma and Zeta Rho Chapters. Regional Director R. Nelson Mitchell Fraternity, Delta Sigma Pi installed its Following registration, the local chap­ who introduced Mr. Henry House, Dean 162nd chapter at California State Poly­ ter members and guests took a motorcade of Students at the college, to offer the in­ technic College at Pomona, California, tour of the Kellogg campus, the proposed vocation. After the meal, others at the Eta Chi Chapter becomes the eleventh in Kellogg-West campus, and the nearby head table and special guests around the the state, joining Rho Chapter, University Voorhis campus, all parts of California room were introduced. Dr. Louis Kauf­ of California-Berkeley; Phi Chapter, Uni­ State Polytechnic College at Pomona. man, Dean of the School of Business Ad­ versity of Southern California; Gamma After an informal luncheon at Los Oli­ ministration, then gave a history of that Xi Chapter, Santa Clara University; vos Commons on campus, the entire particular school. Following this, Paul F. Gamma Omicron Chapter, University of group returned to Kellogg Hall for the Weisend, the chapter advisor, gave the San Francisco; Delta Omicron Chapter, Ritualistic Initiation Ceremonies. On history of Delta Sigma Fraternity which San Francisco State College; Delta Sigma completion of these ceremonies, the had that day become Eta Chi Chapter. Chapter, Loyola University of Los An­ newly initiated Brothers and guests reas­ Grand President Warren E. Armstrong geles; Epsilon Theta Chapter, Chico State sembled at the Royal Coachman Restau­ then presented the Charge and Charter to College; Epsilon Phi Chapter, Sacra­ rant in West Covina, California, for the the chapter and it was accepted by Mark mento State College; Zeta Rho Chapter, installation banquet. S. Gehrs, president, on behalf of the Menlo College; and Zeta Tau Chapter, . ~ · ~ ~ California State College-Hayward.