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) OUTSTANDING RADIO BROADCASTS 12:15: Jimmie Garrigan orch., WPTF. 1:00: Maurie Sherman orch., WABC, WBT. ' 1 :15 : Louis Panico orch., WHAS. 4:00: Eddy Duchin orch.1, WEAF, WLW; Jean Brunesco orch., WBAC, WBT. 5:30: Frank Dailey orch., WABC, WBIG. 6:00: Dick Fidler orch, KDKA, WPTF. 7:00: Lennie Hayton orch., WPTF, WLW. 7 :30 : Dorsey Brothers orch., KDKA; WJZ; Joe Sanders orch., WGN. 8 :00 : Radio City Party, Rich ard Himber orch., WPTF, WSB. 8 :30 : Al Jolson, Victor Young orch., WEAF, WPTF ; Freddie Rich entertains, WABC, WHAS ; Wayne King orch., WGN. ' 8:45: Earl Burtnett orch., WGN. 9:30: Carefree Carnival, WJZ; California Melodies, WABC, WBT. 10:00: Archie Bleyer orch., WABC, WHAS, WBT; Joe Rines orch., WJZ; Earl Burtnett orch., WGN. 10 :30: Ray Noble orch., WJZ, KDKA ; Claude Hopkins orch., WABC, WBT, WHAS ; Wayne King orch., WGN. ' 11:00: Ben Bernie orch., WABC, WHAS, WBT. 11 :30 : Ray Herbeck orch., WABC, WHAS, WBT. 11:45: Joe Sanders orch., WGN. 12 :00 : Stan Myers orch., WENR. 12:15: Earl Burtnett orch., WGN. 12 :30 : Jess Hawkins orch., WENR; Johnny Burkhardt orch., WLW. 1 :00 : Joe Sanders orch., WGN; Jimmie Garrigan orch., WENR. 1:30: Horace Heidt orch., WGN.-.. , Patronize Our Advertisers 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. -'.V.-'-'V.-.' :?:.::::..:sft. &w:':W?:.! He rides like the wind and loves like the whirlwind! i 4wi m.mm vn til ml nn ni r n i I caeoc a B. G. DeSylva Production with , VELOZ and YOLANDA Introducing the new "Cobra Tango" Also Comedy Novelty ffODAY AMilt-.IAl "Quality You Can Taste' A Perfect Dessert Delicious Easy-to-Serve Economical THIS WEEK'S SPECIALS: Package Flavors PINTS QUARTS Each Each 20c ' 35c Vajiilla Chocolate Strawberry Peach Buttered Pecan Hostess Package 3-Flavor Combinations Full Quart rn BricL.-. .r OUC r r: 1 NO. 1 NO. 2 Vanilla-Cherry-Pineapple For Parties and Picnics Here Is Our Most Popular Item One Gallon GOLD SEAL Ice Crm in bulk O Choice of 5 Flavors ' CALL 7766 ; Packing and Delivery Charge: One, Two or Three Quarts 10c 1 Gallon or over No Charge nrjwrm m)m rami i m - W - "" Jf.. w (mm Jmml t Chapel Hill Branch 140 E. Franklin St

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