I I Ti the' at t Frid lion Th coup any Tli by t be Grec will “T to a stud lege tem “1 flee) the of t Sati «< affo unai sag( vote tion does and M Sha cl Jan wel Wo C Jer son Battalion Editorials Page 2 FRIDAY, NOVEMBER 2, 1951 ytOOK, NO Up i ‘/ 2 Million IF TiiE PROPOSED amendment to Article VII, Section 11 ’*■ of the Constitution of the State of Texas is passed, there is a possibility of the funds for education in Texas to increase by $1,817,800 a year. How is this possible? Under the present constitutional regulations, Article VII, Section 11, the average rate of re turn possible is only 2.51% whereas if the amendment is possible it is entirely feasible that a return of 4% be ex pected. At the present rate of return, the Permanent University Fund’s 122 million dollar principle has an income of $3,062, 200. If the balance fund is permitted, by passage of the amendment, the expected 4% rate of return would engender an income of $4,880,000. Some of the main arguments proposed against the amendment include such lines of reasoning as the fact that there is an element of risk to the proposed amendment. The fact is that there is ah element of risk involved in any in vestment program. Under the present plan, there is a risk that the value of the dollar will continue to decline. The information that the purchasing power of the dol lar has declined is obvious to everyone. The present day dollar will purchase only about 55% of what it would in pre-World, War II days, about 31% of what it would in 1900, and only about 21% of what the 1850 dollar would. The reason that this risk, the purchasing power risk, is so important in our present investment program, is that sum invested in bonds brings the same amount of dollars because the income is fixed but This same amount of dollars will purchase less and less as the value of the dollar declines. Hats Off Cowboys W7HEN the Memorial Student Center was built, it was de- ” cided that since the building was built in honor of A&M’s war dead, as a mark of respect and reverence for those dead, hats or caps would not be worn in the building. Of course, all the visitors to the campus cannot be ex pected to be familiar with what can become a fine custom. However, the same cannot be said for the members of the student body or people of the surrounding community. The members of the Corps of Cadets have been almost universal in the observance of this custom. The violators have been almost entirely non-military students and local people other than the Corps. Many of the non-military students who affect a western wardrobe would rather be caught without their pants in preference to being seen without their Stetson’s perched upon their heads. Nevertheless, since the Center is a MEMOR- AGAINST IAL Student Center and one of the ways of honoring those dead has been the removal of hats and caps upon entrance to the building, it is only fitting that we all show reverence and respect and not just confine it to one group—either that or drop it altogether. FOP UN Truce Mission Not Swallowing Peace Talk Voter Asks Patton 0 Where Is Congress ? Prayer Room ? By TEX EASLEY Speaker convenes the House,” not- “There can be no doubt as to ( , ed Callahan. “For a few fleeting the spiritual guidance, the comfort Washington, Nov. 2—uP)—Re- seconds, a reverent silence prevails and the understanding that is giv- cently a troubled constituent wrote j n a chamber which often resounds en to those who are on hand to Rep. Wright Patman of Texarka- with harsh and bitter words. hear the prayer that follows.” na: “We discussed in our Sunday school class today about the ‘Pray er Roopi’ being done away with in Congress or House of Represen tatives. We think of all things to be done away with this should have never happened.” Patman, a member of the First Baptist Church of Texarkana, has tened to reply that there had been a misunderstanding. The Prayer Room evidently in mind was one planned for the United Nations headquarters building in New York. SAMPLE BALLOT CONSTITUTIONAL AMENDMENTS Judge A. S. Ware, county judge of Brazos County, has said at several meetings in this area that “Apathy, is our greatest foe at the polls.” This privilege of voting is a honor and a dtuy. The Battalion is printing below a sample ballot which the people of the state will cast at the voting Nov. 13. FOR Constitutional Amendment authorizing a State wide system for retirement and disability pension for appointive county officials and employees. AGAINST The Constitutional Amendment authorizing a State wide system for retirement and disability pension for appointive county officials and employees. FOE AGAINST FOE AGAINST FOE By J. M. ROBERTS JR. Associated Press News Analyst U. N. truce negotiations in Ko rea apparently are not swallowing whole hog the theory that, be cause the Chinese have offered new ti’uce line concessions, they are really ready to go through with a cease-fire. There was no denying the Com munists had made great conces sions. Beginning with their aband onment of the 38th parallel as the basis for a buffer zone, they have now agreed to a 2% mile strip along •what they say is the pi’esent battle line. One trouble is that their maps don’t agree—in their favor—with allied maps showing just where the battle line is. And in the read justments both sides have agreed to make along the general front, both want Kaesong. While the negotiators thus ap peared nearer to agreement than ever before, the fact the Commun ists stressed that this was their “last and best proposal” has made the allies “very suspicious,” ac- AGAINST cording to Col. Andrew J. Kinney, chief UN liaison officer. Red Motives Optimistic reports from the scene of negotiations still need to (Continued on Page 4) The Battalion Lawrence Sullivan Ross, Founder of Aggie Traditions "Soldier, Statesman, Knightly Gentleman” The Battalion, official newspaper of the Agricultural and Mechanical College of Texes, is published by students five times a week during the regular school year. During the summer terms, The Battalion is published four times a week, and during examination and vacation periods, twice a week. Days of publication are Monday through Friday for the regular school year, Tuesday through Friday during the summer terms, and Tuesday and Thursday during vacation and examination periods. Subscrip tion rates $6.00 per year or $.50 per month. Advertising rates furnished on request. The Constitutional Amendment providing for the in vestment of the permanent University Fund in addi tional securities to those now enumerated in Section 11 of Articles VII of the Constitution. The Constitutional Amendment providing for the in vestment of the permanent University Fund in addi tional securities to those now enumerated in Section 11 of Articles VII of the Constitution. The Constitutional Amendment authorizing the Legis lature to provide for the levy of an ad valorem tax not to exceed Fifty (50(‘) Cents on the One Hundred ($100,000) Dollars valuation for the creation and establishment of rural fire prevention districts. The Constitutional Amendment authorizing the Legis lature to provide for the levy of an ad valorem tax not to exceed Fifty (50