Sheena Easton a secret Endowment, social items objects of trustee action By Glen Feighery Editor Preserving endowment for the future and examining quality of life at DePauw were the two primary focuses of University Board of Trustees action Friday. In its semiannual meeting last week, the trustees mandated new policies for management of the endowment fund, and a new group to oversee study of social issues on campus. The new endowment policy is aimed at eliminating the practice of spending all of the interest income earned by the fund each year. The reason, according to Board of Trustee Chairman Eugene Delves, is to counter the effects of inflation. "We want to be sure the endowment we have today will be generating the same kind of income 50 years from now," he said. In previous years, spending all of the endowment income year by year - a common practice for universities - eroded the fund's purchasing power. The University will gradually begin retaining an amount of each year's interest, and will be able to increase the amount as money for the endowment builds up. "We couldn't do this without the $90 million endowment," Delves said. He added the policy will place the Universi­ ty "on a firm financial basis for the future." The trustees also took action on social issues on campus by re­ questing the administration to appoint a group to coordinate the study of the quality of life at DePauw. Under this group's purview will be alcohol use and abuse, social options, rush and the relationship of extra-curricular activities to academics. Just dropping by "We've got too many fragmented things studying the quality of This skydiver delivered the game ball prior to the DePauw-Benedictine game Saturday. DePauw won the life," Delves said in reference to the several committees and task game 50-7, to raise their record to 3-2. forces on rush and alcohol policies. He said the group will try to pre­ vent committees from duplicating each other's efforts as well as look at social issues. "The process of looking at a problem helps to solve the problem,". Can we create a just society? Delves said. He stressed, however, that "the sense of the board is, 'Let's not study this to death:" "DePauw handles other things well, Symposium to weigh prospects for equality so there's no reason why this can't be handled well." By Mike Robinson Finally on Friday at 11 a.m. J. that there is m,ore local involvement Alumni Board sets goals Staff Writer Bond, Georgia State Senator, will with faculty and students on the By John Stefany The prospects for creating a just speak on "The Effects of Public panels. She says that is the way the News Editor society is the topic to be discussed at Policy on Race, Class and Gender In­ symposium committee really The DePauw Alumni Association Board of Directors revised its DePauw's "Equality and Public equality." The panel discussion will wanted it to be. pledge this weekend to develop three placement opportunities for the Policy Sympo~~m" which begins to­ be held later at 2 p.m. "We need to hear views from the class of 1986. morrow and continues through Fri­ Assistant Professor of English outside but I think we need to hear In an interview following the board's Saturday morning meeting, day_ Martha Rainbolt, director of the from each other more as well," Rain­ Association President Bob Gibson, '60, said the association's new goal The symposium, which will ex­ symposium, says the purpose of the bolt said. is to develop an average of two employment offers or graduate school amine the social, economical, program is to make the community One criticism of the speakers has acceptances for seniors by July 1985. political and ethical implications of think about the issues surrounding been they are very liberal. Rainbolt Gibson said Tom Cath, director of. career planning and place­ equality, will feat.ure keynote ad­ equality and to maybe provide a said the symposium committee did ment, has already begun looking at ways to involve alumni in the dresses by former Sen. Birch Bayh, deeper understanding of the nature not plan it that way but simply placement process. He said Cath has identified 129 firms employing D. Ind., civil right activist Julian of equality. chose people who have studied or four or more DePauw graduates and wants to increase the number of Bond and Professor of Philosophy "Many of us have certain un­ worked with equality issues and are companies interviewing here from 34 to 50 this year. Ruth Macklin. thought-out ideas about equality. outspoken on them. She said she The placement goal was one of three objectives the board plans In addition to the three keynote For example, most people at believes that while there is a liberal to focus on during the next two years, Gibson said. The other two in­ addresses there will be panels con­ DePauw think that all people have focus to the symposium, it will be a clude a pilot admissions-contact system and expansion of the class sisting of the speaker, members of an equality of opportunity. That is moderate, not radical point of view agent system. the faculty and students to discuss one of the misconceptions that I which will be presented. In admissions, Gibson said the association hopes to contact ac­ issues surrounding equality. There think Julian Bond is going to talk The first speaker for the sym­ cepted students by phone or in person so that 50 percent of the 1985 will also be several opportunities for about," Rainbolt said. posium, Bayh, is a lawyer from In­ incoming class have had specific recruiting contacts with alumni. students to meet and question the Rainbolt also said she thinks this diana. He was born in Terre Haute Gibson said the purpose of the program is to incorporate speakers. topic is not just some abstract issue in 1928 and first became a U.S. graduates into the admissions process. The first keynote address will.be and that it can definitely be brought Senator in 1962. He remained a "We're trying to get alumni more involved in contacting given by Bayh on "Equality and into focus here. She thinks we need senator until 1980, when he was students," Gibson said. Public Policy" tomorrow at 7 p.m. to ask questions such as why are targeted by the New Right, Five metropolitan areas - Dallas, Cincinnati, Indianapolis, St. This will be followed by a panel there so few blacks here and how defeated and replaced by DePauw Louis and southern Connecticut - will be part of the initial program. discussion on the issues and then by are they treated, what division is graduate Dan Quayle. Gibson said he hopes the program can be expanded next year. The a reception in the faculty lounge at there between upper and lower During his 17 years in the Senate cities chosen are areas where either the admissions department East College. class students and what kinds of dif­ he was chairman of the Senate In­ wanted to recruit more students or where there are substantial On Thursday at 7 p.m. Macklin ferences in treatment are there bet­ telligence Committee and a member groups of alumni. will speak on "The Concept of ween males and females. of the Appropriations and Judicial John McConnell, director of development, said the association Equality" which will also be follow­ Rainbolt said she thinks this sym­ committees. In addition, he has writ­ decided to focus on accepted students because they wanted "to in­ ed by a panel discussion and recep­ posium is different from last year's ten a book titled One Heartbeat crease the yield of students who" decide to attend. tion. program on military spending· in (continued on page 3) - (continued on page 3) 2 Tne.D~Pauw Tuesda}" October 11, 1983 PUS Gatherings sented by Dr. Mike Zeller. will be Meetings The American Guild of Organists held at 7 p.m. Thursday in Julian Inter-Varsity Christian Fellowship will hold a dinner at· 6:30 p.m. Center 122. A Symposium panel, will meet at 6:30 p.m. tonight in tonight in UB 221. "Luther's Tur­ disculilsion with Julian Bond. Martha O'Hair House. A Christian Science bulent Times," a slide-illustrated Chandler, William Harman, Ruth meeting will be held at 10 a.m. in UB lecture will be held at 7 p.m. tonight Macklin and a student panelist will 208. Freshman Board will meet at in East College 106. A reception for be held at 8 p.m. Thursday in 6:30 p.m. tomorrow in the UB TV former U.S. Senator Birch Bayh will Meharry Hall followed by a recep­ lounge. Sophomore Board will meet be held at 4 p.m. tomorrow in the UB tion at 9 p.m. in the East College . at 6:30 p.m. tomorrow in the UB music lounge. The Delta Gamma faculty lounge. A health hazard music lounge. Junior Board will Housemothers dinner will be held at screening will be held from 9 a.m. to meet at 6:30 p.m. tomorrow in UB 4 p.m. tomorrow at Delta Gamma. 5:30 p.m. Friday in the UB ballroom. 206. Inter~Varsity Christian Fellow­ "Public Policy and Equality," a sym­ "The Effects of Public Policy on ship small group leaders will meet at posium with Bayh, will be held at 7 Race, Class and Gender Inequality," 9:30 p.m. Thursday in the UB music p.m.