PAGILTWO
THE DAILY TAB HEEL
SATURDAY, JUNE 1, 19
The cCdsl newspaper cf the PuMicatioEs Ulrica Board cf tha University
el North Carolina at Chapel Hill where it is printed daily except Hcadays,
end the ThanksgiTiag, Christrsaa, and Spring Holidays. Entered as second
class natter at the post See of Chapel Hill, N. CM under act cf March 3,
1379. Subscription price, $3.C0 for the college year. .
Editor
Philip Gibbon Hanxner
Managing Editor
, ; , . Eobert Claude Page, Jr.
Associate Editors
Walter Lee Hargett - Irving David Suss
William H. W. Anderson
Assistant Editors
Donald Gist Wetherbee James Manly Daniel
Donald Kennedy McKee
- ' - : Contributing Editors
Earl Woodail Wolslagel DnPont Snowden Jacob Elias Snyder
Samuel Hichardsoa Leager John Scholz . Milton Kallman KaE
Mortimer Irvin Slavin Francies Fries Willingbasx
, Feature Writers
Willis Speight Harrison William Francis Clingman, Jr.
William MWhorter Cochrane James- Edward Poindexter
Exchange Staff
George Oliver Butler, manager Lawrence M. Weisbrod
City Editor
Alexander Reed Sarratt, Jr.
Stuart White Rabb
Edrin Leonard Kahn
William Palmer Hudson
News Editors
Desk Men
Nicholas Cabell Bead
John Franklin Jonas, Jr.
Reporters
Robert Nathaniel Magill
Edwin Jones Hamlin
Robert Franklin Ledford
Henry Theodoric Terry, Jr.
Louis Samuel Spelke
Emmet Robinson Spicer
Newton Craig
John McNeill Smith. Jr.
Charles Wurster GHmore
William Stone Jordan, Jr.
Ralph Sprinkle
Franklin Harward
George Andrew Anderson
James Arthur Brown
Lytt Irvine Gardner
William Coffield Fields
John Lorraine Davis, Jr.
Edwin McEie Sink
Margaret Edmunds Gaines
Staff Photographer
Donald Becker
Business Manager
; d; Joseph Cheshire Webb
Assistant Business Manager
. aj jThomas Butler French
' t -, Division Managers
Joseph Hull Robinson, Circulation ' Herbert Francis Osterheld, Collection
Walter Henry Eckert and Roy Cox Crooks, Office
Montf ord Boylan Carr, National Advertising
Local-Advertising Staff
Hugh William Primrese Robert Brendle Sosnick
' " Niles Woodbridge Bond Thomas Eli Joyner
William Kerr MacDonald Louis deSchweinitz Shaffner
Crist Watts Blackwell Page Clark Keel '
William Deroy McLean Joseph Harold Mumick
THIS ISSUE: NEWS, GILMORE; NIGHT, KAHN
TUITION DIFFERENTIAL
Earlier in the year, there was editorial mention made of the
benefits that might ensue from a re-adjustment of tuition rates
which would make some co-operative inter-change possible be-
j.' xi ... e -vT -i r u a i. l i.j.
iween ine state 01 rsortn Carolina ana uuier suuu-ern states as
regards tuition fees in their respective state universities.
The objective of the plan would be to increase the number of
students attending the University from the south. In connection
with this, the project of. increasing out-of-state tuition was also
discussed, from the idea of increasing income rather than cutting
down northern student representation.
Jn other words, there were two problems: one was to increase
J 1 1 T "1 11 1 t J
in some manner tne numoer 01 students enrolled irom adjacent
southern states and the other was to increase the financial con
tributions of out-of-state students in general, particularly of
northern students, insofar as out-of-state students even with the
tuition differential of $100 are a drain - on the state.
It is not a wild guess to hazard that should the out-of-state
tuition be raised, the falling off in income from northern students
(we except the southerners on the basis of the proposed recipro
city agreements) would more than equal the expected additional
income from this class of student.
As to the idea of :makingreciprocity agreements with other
states whereby North Carolinians could get reduced rates, at the
other state institutions and their students could get similar bene
fits at Chapel Hill, it would be well to remember that the Univ
ersity here enjoys the reputation of being "number one in the
South." It is very probable that the influx of students from the
state with which we may have co-operative plans would .more
than equal the. number of North Carolina, students desiring to. at
tend other southern universities. The result : we have more
southern students, but, with the tuition differential as to states
with whom we have no agreements going up, the state as a
whole would financially suffer, as so many in the latter class
would be precluded enrollment.
The reason that reciprocal agreements cannot be made with
the , northern seaboard states is that none of them have true
state-supported institutions which could do this. By raising
our tuition differential enough to make any difference to us, we
would force them to pass us by (the bulk of northern students
choose North Carolina for financial reasons) and consequently we
would suffer.
There is another element to the problem. At Duke University,
where the costs are higher, the number of students from adjacent
southern states is considerably more thanat Carolina. Reason:
tremendous publicity. Now this University cannot afford, even
with the reciprocity agreements, to publicize much more than
at present, and we believe that the results would prove rather
discouraging and below expectations. North Carolina's reputa
tion without publicity, -however, woifld make some difference
here and if the object is more fundamentally to get an increased
southern quota, it is possible that good strides in that direction
could be taken.
It, then, it is southern students we want and not finances, we
should try to make these reciprocal agreements and raise the
differential for those states where such an agreement can not
be made. If it is finances, we must go slow on raising the differ
ential at all, because of the ability of present differential-paying
students to pay and because of the increased necessity for
Duke-style publicity booklets in order to get enough reciprocity
students to make the thing pay.
The problem is an exceedingly complicated one and not immi
nently important. But it's interesting. ,
Auditor Fpr fYedr Ended April 30
Mr. Jack Pool, Chairman - -
The Student Audit Board
University of North Carolina " ";y " - : - v
Chapel Hill, N. C. -
Dear Sir: .
I submit herewith statements showing the results of operation for the
year, ended April 30, 1935, and financial condition as of that date for the
following organizations: 1 ; " '
Class of 1935 ; V ." :
Class of 1936
Class of 1937
Class of 1938
Law Association " .
Pharmacy Association
Woman's Asssociation "
Electrical Engineering Association
Civil Engineering Association '
Medical Society
Debating Council
Student Government
Carolina Engineer
Chemical Engineering Association !
These statements are necessarily condensed for publication. Instead of
trying to go into detailed explanation of each statement in this letter, I am
requesting that any officer or member of an organization concerned see me
personally. for any additional explanation desired.
Organizations with a fiscal year ending during the summer will be reported
next fall. Voluntary members of the Audit Board will be given their re
ports, which they may or may not wish to publish. .
I HEREBY CEJRTIFY that, to the best of my knowledge and belief, the
enclosed statements of income and expense reflect the true operation of the
various organizations for the fiscal year ended April 30, 1935, and that the
statements of financial condition reflect true condition as of that date.
, Very truly yours,
ROBERT H. SHERRILL
Certified Public Accountant.
RHS-
CLASS OF 1935
STATEMENT OF INCOME AND EXPENSE
Year Ended April 30, 1935 .
Travel expense
Supplies and materials .
Postage, telephone and telegraph
Printing : ;
25.00
8.71
1-54
4.80
.Total
Excess of expense over income
3,39241
f 209X1
FINANCIAL CONDITION
April 30, 1935
Assets
Cash
Student fees receivable
Less: Reserve for uncollectable fees
Due from University .: -
$ 255.39
.51.08
Income
Student fees .
Interest
Total ..... ..
Expense
Yackety Yack- space . .......
Dance (1934) ...
Smokers -.- .. ..
Auditing and bookkeeping
$3,167.05
16.25
2,488.75
756.81
80.00
V 27.50
$3,183.30
Total
Liabilities
Accounts payable
1 Net Worth,
Reserved for 1935 dances
Free surplus
51,003.30
2012L
389i
33.00
$ 800.00
764.14
Total
$1,55114
Income
Student fees .
Interest
CLASS OF 1936
STATEMENT OF INCOME AND EXPENSE
Year Ended April 30, 1935
$4,011.70
9.95
Expense
Yackety Yack space
Auditing
Supplies
$263.00
27.50
6.00
$4,021.65-
Total
Net income .
2,296.50
$1,725.15
Assets
FINANCIAL CONDITION
April 30, 1935
Cash ,M
Student fees receivable . i
Less: Reserve for uncollectable fees
Due from University
Total
$ .'.337.55
i. , 671
. Liabilities
Accounts payable
$1,029.40
270.04
515.6
$1,806.09
42.8S
(Continued on last page)
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Senior Executives
The senior executive commit
tee for 1936 was announced last
night by Trip Rand, president
of the senior class.
Parks Austin was chosen
chairman of the group. Other
members are: Jake Snyder, Raymond-
Barron, Jake Austin,
Francis Campbell, Luther Britt,
Tom Faucette, George Hux, Jer
ry Lernwand, Al Mark, Dewitt
Carroll, Don Kavanaugh, Robert
Smithwick, Bennie Willis.
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