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Vplume48
Short
!
" /< HM
.,
■
y
i
p-i
(idu8try'J)lai
development
are being him
capital, from
capital," sail
chairman of!
parttnent Of 0!
in the openipg
ond annual A
herej yesterd ly.,
Th»- first Si
in. ih Sbisa fi
addt^e.ss by I
Pre8|iding at tl
"Harwell, cojti|
nolia Petroleum
hundred and 'fort;
iatered for the n
• M i n< - g TA m:
companies that pavi
sary to curti ill
■profits could i
rseaiich in new
velobment o: ’ r|
j | Hay* I
Ht* stated thi
try as a whole aj
and that thjy c
tod high. Hlghl p:
in it higher stand
along the lijnei I
maintain high proi
lunt realize t|a
fssary. he njiid. | |j
iere is also a hie
atd* for accounting
cepted universally,
be measured iqbje
curutely, and sud|i
^ f ^
/ te
•i t ft
The,
PUl
ip m * '•'**• "
■.| I v-
■IpWi - '
A
IVV
r
/-! T n
'
!
l
PUBLISHED IN THE
^ • !■
ttt
COLLEGE STAI
e of Capital flinders
h Says OU Speaker
from and how profits are used.
Miller said.
Miller then 'mentioned ^several
major changes that have occured
in accounting procedures in the
last sevftVal years, and pointed out Williams and Company. The dis
how these changes lave affected
arch and show where profits are derived
(sources
lack of
ew risk
I Miller,
g De-
yersity,
the sec-
rtference
iat 2 p.
“coming
Bolton,
s S. R.
Magt
‘Two
Ive reg-
siances of
id! lit neces-
aliae their
| in re-
tnd de>
l!
indi^i-
lan
• beco
111 result
Hving all
siry is to
jthe pub-
afits are
iyjj[f ir stand-
’ it are ac-
its should
r and ac-
ite must
*The Long Gjreen
public statements of corporations.
| Curry Leads Discussion
01 J. Curry, dean of the School
of Business at North Texas State
College, then led a discussion of
Miller’s talk on “Accounting Con
cepts in an Expanding Economy.’’
( Second speaker of the conference
was Virgil S. Tilly, of W. 0. Ligon
and Company. Tilly spoke on “In
ventory Evaluation.”
A banquet was held in Sbisa
last night with J, R. Mulvev, as
sistant comptroller of Humble Oil
Company, presiding. “The Import
ance of Accounting in Public Re
lations” was discussed by Christian
E. Jarchow, vice-president and
Comptroller of International Har
vester Company.
Third Session
The third session of the confer
ence was held this morning at 9,
with Ben R. Collins, secretary-
treasurer of the Longhorn Port
land Cement Company, presiding.
Maurice H. Stans, of Alexagder
Grant and Cbmpainy, discussed
“The Challenges and Opportunities
in Financial Reporting.” George
D. Boone, of Barrow, Wade, Guth-
I i
s i
j| :j
-If the combii
-&&M faculty membto land Students
* for one month jyerc pjdt i’pto dollar
iljfo
bills and placed
,. lihe’, t 1 "'— —■ '
1 earth.
line’, there wobld
a dollar|to the
es.
equator 35 tit
Astounding
velation coi
money diab
every thirty dabs. I i a
an average of fi 75,
from four different :Sd
ese facts!
Thi
light by ex-Bktta
vTck r . Lindleyilwh
of ^Dollars
OutMonthly
1 s for all
m
writing a seri
Bryan Daily '
M expendifcu
: By meariH <|f fi
son, this figure
t residents of Oblb
plants of most f:
have combined InJci
40 per cent of thb
M,.—■■MU I | SSwdyiHMiwi l|
Aggies to
In Abilomi
Th» A|Kj[t
Thursday for
Intm'olleglhUj n
Abilene FrilaJ if
He Ranking Met
Rodeo Club I , _
' competition, a id I
Dublin will fUifnis i
'Trttrsaid. | i
The Aggie
first place |lri i thi
placed seventh
giM* 1 rodeb
continuous
String Of
ile, at the
in this fe-
apiount of
these parts
i >1 figures
10 is 1 paid
4 1
ght to
editor
tmirently
for th(
ek'ning A4
f ;
riompari-
that the
tflon, reel-
M money,
equal to
Hie of all
niKKiEi
llili fei
ill lenvo
Hlmmons
held In
Iky, Chnr-
itmounced
[Inlversity
or of the
Brown of
ock, Ran-
has won
ifodeo, and
fntercollc-
ndsco.
•T-H
of Brazos County.
The largest chunk of this tasty
morsel goes to members of the
A&M College System. The payroll
for this system amounts to $415,-
000 per month. i *
Next in line in the income brac
kets come A&M’g veteran students
who receive a total of $370,000 the
first of each month from their
gracious Uncle Sammy.
Members of the Military Depart
ment and Senior Division ROTC
reap a monthly harvest of $60,000
to fall into third place on the col
lege’s list. This expense is borne
by the government.
Production and Marketing Ad
ministration employees fall into
fourth place on the list by virtue
of a monthly total income that
averages out a paltry $30,000. The
PMA i* that division of the gov
ernment formerly known ns the
AAA. - [
Like most large figures, how
ever, Ihese amount* seem irndg-
niffennt when broken down Into
individual sums. The case of the
veteran Is • good example,
Of tho monthly $370,000, qach
vet gets somewhere between $75
and $106i Much Inoomea do not pro
vide for the luxuries of life umess
supplemented by additional funds.
The same, of course, holds true
for the cadets who get im equally
small portion of the military ex
penditure. And the financial ata-
tus of the average prof is a well-
knoWn evil.
The size of the total.! figures,
therefore, show only one thing—
the vastness of operation of a
large college such as A&M. -
tie, & Company, led the discussion
of Stans’ speech.
“The Influence of Taxes on
Management Decisions” was the
topic of the next speech by T.
Dwight Williams, of T. Dwight
cussion following the speech was
led by Reginald Rushing, head of
the Accounting and Finance De
partment at Texas Technological
College.
Afternoon. Session
The afternoon sessions include
a luncheon with a talk by Stanley
H. Ruttenburg, director of the De
partment of Education and Re
search, CIO. Ruttenburg will
speak on “A Labor Representative
Views Accounting Reports.”
At 2 p. m. three discussion
groups will meet and discuss “Ac
countants’ Long Form Report,”
“Standard Costs and Their Uses
in Accounting,” and "Internal Au
diting—A Tool of Management,"
Aggie Pistol
Team Wins
32 Out of 37
The A&M pistol team has
closed out its 1948-49 season
with 82 wins out of 37 match
es, Lt. Col. Frank R. Swoger,
team coaoh, said today.
In the following tabulations the
Aggie score is given first: Colo
rado A&M, 1257-forfeit: University
of Wisconsin, 1313->1301; Utah
State, 1313-1178; MIT, 1313-1235,
Cornell University, 1313-1227; N.
Y. State Maritime Academy, 1313-
1073; Illinois University, 1313-1026
Coast Guard Academy, 1607-1614;
Colorado A&M, 1348-1318; Ohio
State University, 1348-1126; Prin
ceton University, 1348-1222.
The Aggies lost to the Quantico
Marines 1344 to 1423. Then won
from the U. S. Merchant Marines,
1363-1168; Coast Guard Academy,
1363-1340; U. S. Naval Academy,
1863-1400; MIT, 1363-1248; Colo-
tado A&M, 1363-1284; Lawrence
Tech, 1386-1169; University of
Washington, 1386-996; Michigan
State University, 1386-1374; Uni
versity of Massachusetts, 1390-
1287; Utah State, 1406^4302.
U. S. Naval Aeaderhy,’ 1406-1398
Ohio Slate i University by forfeit;
University of Arizona, 1404-1212;
Cornell University, 1395-1359; Vir
ginia Mil.. Institute, 1385-1174;
University of Massachusetts won
their match by 1376-1291; U., S.
Merchant Marines, 1351-1279; A&
M lost to the U. S. Military Aca
demy by 1399-1351.
University of Illinois, 1350-1262;
University of Washington, MIT,
Quantlce Marines, University of
w
. x v
Italian
’ A GREATER A&M COLLEGE /Sf '
: X
fl®
Vt.] OF A GREATER A&M COLLEGE
.
1) .TEXAS, WEDNESDAY, APRIL 27,1949
Ijy.r.'' ^- jx X _ ' \
;\j
H
If. X
Miss Sue Howell, national Maid of Cotton, holds a few bolls of
cotton. Miss Howell jilans to attend the Cotton Ball and Pageant
here this weekend. ! ./j
Merit Certificates
Given 3 Students
, y
isconain, N. V. state Maritime
Academy, and Princeton University
forfeited to A&M,
‘Engineer’ (aiIIn
For New Stuff men
A meeting of men Interested In
working on The Engineer, engi
neering student magazine, has
been called by Don Brown, '49 edi
tor of The Engineer.
“Almost all of the present staff
is graduating, and a number of
positions will be open to new men.
Sophomore students are especially
needed,” Brown said.
!' ■' I
’V ' * ^ ^ ll I if I f
n m
ipri
mm
.I
i tens
i
• j
■III
ij
,1
i
f-.f
7
i
tlblo full, that was tht
Hies of 1148. Just one 1
rls who participated In
. ared uhove. and theei
orecast of what la In ■tore
for those who attend this year's edition of the
follies, Preoeat plans call for tho all-star, dream
girl studded performance to open on the stage
*■* • “tiria ^ -
of Guion Hall Saturday night. May 7.
J '
jL
Certificates of Merit have been
presented three A&M students by
the Texas Acadenjiy of Science. The
certificates are presented for out
standing contributions to the ac
tivities of the Collegiate Academy,
all under-gradupte organization
sponsored by the Texas Academy
of Science.
The three receiving the certifi
cates are James! Leslie Liverman
of Junction, William D. Lewis of
Houston and Johjn P. Classen, Jr.,
of Campbellton. :
Liverman, a botany major in
the School of Arts and Sciences,
was vice-president of the Collegi
ate Academy inj 1948. He repre
sented the Texas Collegiate Aca
demy at the American Association
for the Advancement of Science
meetings in Washington last Sep
tember and delivered a talk before
the conference. He is co-author of
the first-place paper presented in
the Biological Sciences section at
the meetings held in Austin in
December 1947. fie is the recipient
of the Krueger Award for 1948.-49,
Krueger Award }
Tho Krueger 1 Award is an an
nual award of $$00 made available
by C. C. Krusger and W. II. Krue
ger of San Antjonio. It goes to a
member of the Junior Class who
hori made a high scholastic record
and will b» g cmialfltd senior fur
Jones Host Of
Award Winners
.lease H. Jones scholarship ,
winners spent Tuesday in*
Houston us guests of Jones.
The men were accompanied by
E. E. McQuiJIen, director of
the scholarship program. I
Those guests of Jones receiving
agricultural scholarships are Bob
by Joe Bland, Humberto V. Reyes,
James Fred Robertson, Henry A.
Simpson, Joe A, Braden, James A.
Dulock, Tommy F. Green, Eugdne
E. Jekel, John Paul Thomas, Lowell
A. Holmes, Carroll W. Keese, Jas.
Lehmann, Carl jA. Petersoh, Grady
L. Smallwood, and Horace W. Van
Cleave.
The men receiving military schol
arships who visited Jones in Hous
ton are Lius fi. Dominguez and
Herbert M. Goprod.
Thomas R. Hicks, the winner of
the achievement award, was also
on the trip.
the fall semester of 1949. The re
cipient must have during the three
previous years earned approximate
ly $150 a year toward school ex
penses through student labor at
the college.
Lewis, a botany major interest
ed primarily in plant pathology, is
co-author with Liverman of the
prize-winning scientific paper pre
sented before the Collegiate Aca
demy in December 1947. He pre
sented an outstanding discussion of
phase-contrast photography in pic
turing living cells in action at the
academy meetings in San Antonio
last December. He is doing out
standing work in the A&M Chap
ter of the Collegiate Academy as
its vice-president. '
Third Place Pbper
Classen isi-majoring in range and
forestry work pnd his research
papers took thTfcd place at the an
nual meetings of the Collegiate
Academy held in San Antonio last
December. His paper was entitled,
"A Comparison of Weather Condi
tions in Adjacent Woodland and
Grassland Types.”
Lytle H. Blankenship of Camp-
bellton, majoring in range and for
estry, is president of the Texas
Collegiate Academy of Science for
1949, Chester Huvurd of College
.
Christian Fellows
Attend Conference
Five members of the Aggie
Christian Felloiwship attended Hie
North Texas *tate conference of
One hundred: student* from Tex
as colleges attended the confer-
. ■ / -
The Aggie Christian Fellowship,
campus chapter of the Inter-Var-
aity Christian Fellowship, became
a recognized.chapter of uja nation-
aC organization about two months
•go.
Student* who attended the con
ference from ! A&M were Don
Grubba, Roy jLe Tourneau, Don
Fitzgerald, KehlCi
Kunlhlro.
lunihiro, and Sow
/V 1
;
/
ollcgc
A&M
Station Is president of the
T»
e.j
II. Coleman of Paris is secretary-
pre
Chapter of the Collegiate Academy.
Lewis is vice-president, and Ham
treasurer. There are 5(1 member*
In the A&M chapter,
California Bids
For Tidelands
SACRAMENTO, Calif., April 27
—tA*!—California yesterday made
a bid to settle its dispute with the
Federal government over title to
oil-rich tidelands off the coast.
Governor Warren signed into law
a bill specifying that the state’s
boundary extends along the outer
sides of the outermost of the is
lands, reefs and rocks adjacent to
the mhinlanid. '
The U. S. Supreme court held
in 1947 thej U. S. held paramount
powers and dominion in the three-
mile off-coast strip. Under the new
state law this seaward slrip would
extend from the new boundary.
This is the first time it hap been
precisely defined.
If the government accepts the
definition there would be no dis
pute to ownership of oil lands be
tween the state line and the main
land. Tidelands seaward from the
coastal boundary would remain in
the government’s dominion unless
congress passe* pending legislation
giving sovereignty to the state.
i ' —
Petroleum Wives
Plan Joint Meet
The Senior Petroleum Wives
Club is holding a joint meeting
with the Junior Petroleum students’
wives at 7:80 p. m. Thursday in
the Y Cabinet Room, Mrs. Jessie
Belle Powell,' president, has an
nounced.
During the meeting the club
members will discuss the functions
and activities of their club for the
visitors,
Mrs. Harold Vance, wife of the
head of the Petroleum Depart
ment, spoke to the club at its
meeting last Week.
Livern
x- 1
i/ |
KutacHonor
/'
yr-
Three graduating seniors have been nam
ed by the faculty of the School of Arts and
Sciences to receive distinguished honor a-
wards. The awards will be presented the win
ners at the commencement exercises June 3.
James Leslie Liverman of Junction, Nic-
30 Candidates
As Deadline Ne;
f\
Thirty candidates had filed for
positions in the General Elections,
May 4, as the last day of nomina
tions began this morning.
Deadline for candidates for all
positions to file applications with
student Activities is 5 p. m. today.
Two more men filed for the po-
Burchard to Go
To Journalism
Meet at Tech
Donald D. Burchard, head
of the Journalism Depart
ment leaves tomorrow after
noon for Lubbock where he
will attend the annual meeting
of the Southwestern Journa
lism Congress to be held at
Texas Tech Friday and Sat
urday.
More than 200 student delegates
from Texas, Louisiana, and Okla
homa colleges and universities are
expected to attend along with fac
ulty members from the schools.
The Congress is composed of
schools and departments of jour
nalism at the University of Okla
homa, Oklahoma A&M College,
Baylor, TCU, SMU, Mary Hardin-
Simmons, University of Texas,
Texas A&M, Mary Hardin-Baylor,
Tulane, LSU, TSCW, andf Texas
Tech. [ L '
Speaking at the meeting will
be more than 20 men in the var
ious fields of journalism including
Ernest C. Kirschten, chief editorial
writer of the St. Louis Post-Dis
patch; Noland Norgaard, Associa
ted Press bureau chief in Okla
homa City; and Crich Brandeis,
columnist for King Features in
Westport, Connecticut.
Clay Unimpressed
By Blockade Offer
BERLIN, April 27 -UPl-Gen,
LucIuh D. Clay Maid yoMtmUly that
even if the KumnIhiih lift the Ber
lin blockade “It will have no effect
whatsoever on the allied-znonHoretl
west German government,!’
"We are going ahead with our
plan*," the American military gov
ernor told neWMinen.
Both Clay and Ambasmador 1 Rob
ert D. Murphy expreioted wariness
over the Soviet offer to lift tho
blockade and hold a four-power
talk on Germany.
Murphy, head of the German-
Austrian division in the State De
partment, said the Russian move
seemed an effort to swing German
opinion away from the prospective
republic.
it 1
sition of junior yell jl
day. Nine men had p
for the. position.
New candidates are
of E Aiir Force and
ders ASA. Others In
Milton Patterson and
wart of C Cavttlty;
B Infantry; James PI
fantry; John Fuller,
Don Joseph, E Air
Cosset, C Air Forced J<
Witt, B Athletic; and iflo
jeot, A Veteran Com
Senior Yell '
James Du|cc and Gle
who served l as junior |0
last year, ate unopposed
yell leaders, j-xi
Bob Page, Arlan M^Wk
William Thornton are^cdh
.
for veteran yell leader?.
Bill Billingsly and ($fci
are unopposed candidates fcjji
corps and corps edito|
ivCTy, of The Battali
George Kadera, B
Herbert Frede, D Fli^
vis Miller, A Flight, h
ced for Town Hall mt!
Athletic Cour
Jack Happy, A Fligl
Ham Sorimgeo.r, A If
compete for corps ri
on the Athletic Coun
Marion R. Hensley
non-corps representa
Athletic Council.. U
Floyd Heijk, Fielcjl
Jimmy Woodall, D C<
applied for clorps edi
land 1960./ Chuck
filed for the veteran
Ope Engineer (pi
' E. L. Britt has fi
application for edito
gineer. | ' 1JT IN
Robert L. Haney, ClVettiri
Jim Park have filed
The Agriculturist. ! §
1
til
A
lre f#
f e
Of
Radii
Vki
Johnnyj of the
Company, was on
day and seemed to
With A&M. In an I
morning he said he
very much and wl»he
HU home.
He was nnrtlculni
with the friendly at
paobla here. "In Nl
Instuiice, the people
to he lo a rush; all
they going?" He «a
don't know where
log," hot down here,
takes it easy and <
run over you.”
When asked what tH i
n
'a
sli Si;
IP
ml
le, and
fill be pfe-
his degree m
e has a gn de
fyvej in student
recipient of the
r 1148.
student assist}
pan ment for
of the Stt
Council, the [All
committee.
Honor So cie-
resdent of the
Academy of >
received a errti-
fi>m that orgmi-
*t$ented the Tnuui
>nid
|J|m|
of Sc drjee at the natjion
ig of American Asso
[or the Advancement of
i Htpu mber, 1948, and
a biW* ■.
an isliti vateran of 44
the fi’ Force. He Hold*
r cqmil li aiort *u* a tecond
It In tbf Air Force. Hcj has
•d| i graduate
fprnia Institut
1949-60. Married
fin of
■dni oflj study
Mura iur
Itjnguis
'.Utah i
ig S
Sodety
Iry-treas i
I Club,!J
aa '-old
mi of
not
two-yda
i the s«
Uvermdr
Veteran,
tyceive Hiij do-'
Recounting, fie has a trade
i»6fL B« ‘
i-
e is finithing
iathrty oea-
*•*-
twq| Miminor
ed student each se-
s a member o' the
►ctety, Schola •ship
dnd Jias serve d as
mrf of the l4vaca
(•serve
about inspecting an 4
he thought that wu
stated that he would
lilgood private how
nit
;«er,
m
i.U*
, i,
i
^ \
lu
'l,..
iltsfl
i
f
: - V
*
-JV
1 f
m
m
m
Mi
' ' : N i
I ' A.:
mm
rved 37 m inths
months i of which
h the fiir >pean Theat ;r of
jfons. Ht is married an! the
Mr. aid Mrs. Nkjoqemus
I*., of' I [a lettsville.
Phyitfcn Major
jetary 11 majoring Jn phy-!
d has a grade poirit ratio'
He seinvel with tho Signal
lliji Wofd War II. Hi- has
gini editor of T!h« Bat-
iden| newspaper! jnd a
Ir of thi Scholarship 7 '!lonor
f. A q st nguished student
reti«ii*)from service, Sin-
iji the Sop of Mr. and) Mr4.
Singlet irj of Alto;
nil fet
J ln '
tyas
igqf ,
»r lii'tttpr
'Imtti
1(1(1101
; 4-foj
ii dfti
1-1* It!
•finer,
4t O'OM ll
mon t< thi
of til#
% Bit
a
hlnf
lad ;lfia|eh will. ,,
hi* ciitfipalgh
d qvei
11
1!
k
i
’ii
a|hd hand*. “ tried
nst war, bu; they
small. One Joker
to join .thir Boy
♦jtllf, form a pea
on.! Lh'tjally got a
Johijny wan busy
hitiollng oul mmpla
lo> Ckvo and Cam-
alslt vlalttil tha
I tha Norih G| le.
ts tha
aud lo-
r illlery,
Uh th(im h»-
i afternoon
radio station
iking the tour
car.
n
m-;
Pi %
J-
A i.
m
wnny
ORA.
in hi*
v
Tha new Bandahall
cation of paint
tng Him dreoalnf
r stS;
Iv
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ii
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17
•w|l a
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tA/
the Grove
m
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