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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (July 15, 1965)
Che Battalion CO NTE STSj^^ Volume 61 COLLEGE STATION, TEXAS THURSDAY JULY 15, 1965 Number 192 - omer ided) 1965. a 39 59 Stop The Presses By LANI PRESSWOOD : So the coin collecting world is worried about Uncle Sam. That’s too bad. I Now why in the world would Washington want to clamp down i' on such a harmless, innocent ' hobby? 5 Could it be that there is some- j thing wrong with the popular image of the coil collector — someone idly searching through ' his change and then peacefully [[.filing on occasional find in his coin album at home ? : You bet there is. « Numismatics has changed from an entertaining diversion into a speculative, high-pressure busi ness. There was a time when Icollectors did hold sway in the (p field but they’ve now been large- fly crowded out by the investors. These investors have applied the same free-spending, anything- goes tactics employed on Wall ' Street to the realm of coin col lecting. ; “Collecting” now amounts to buying thousands of rolls of un circulated coins and hoarding them in a bank vault. The mar ket is so inflated that any date will rise in value after a while and some will practically soar out of sight. The trend has been stead- lily upward, with most of the activity being centered on these uncircuated rolls of recent dates. With a practically guaranteed return on their investment, thou sands of new “collectors” have been jumping into the fray monthly. So with every pass ing year the mints have been pro- ;ducing millions of fresh coins and these coins have been siphoned off just as regularly by the new breed of numismatists. Now sure, they aren’t the only drain (vending machines for in stance gobble up hordes of these I little tokens daily) but if the head of the Treasury could ever find out how many of his products ; never crossed even a single greasy palm it would likely send him into an apoplectic rage. Whatever the investor’s share of the blame is, and it is substant- , ial, Washington has reluctantly I decided to take the silver out | of our hard spending money. Demand for the metal has become so intense that after this year it will be channeled away from our coin factories and into in- ; dustry. The dimes and quarters in your* pocket now contain 40 percent rsilver and the half dollars 90 per cent. No longer. A nickel alloy will be used in the future. JOURNALISM WORKSHOP FETE High school students from throughout Texas attending Texas A&M’s High School Journalism Workshop kicked- off their sessions with a get acquainted dance in the MSC Monday night. The students will be on campus until Fri day, learning the principles of good journalism and Aggie tradition. (See related pictures and story, page 5.) Aggie Loan Fund Termed 6 Success 9 All this will probably only spur I on the coin-roll boys even more. I They’ll figure this will make sil ver coins currently in circulation Rmore valuable than ever and so | their hoarding tendencies are [ likely to increase still further. But they better watch their I step. The rumor mill has it that some [ displeased figures on the Poto- | mac scene are considering a * scheme that would puncture the numismatic balloon faster than ■ you can say Indian Head Penny. One writer has called this plan “demonetization” and I suppose i the term is as good as any. Quanti'l It would make profits off jjigjlli; limits on all U. S. coins minted Resertff since 1940, and would require ■that these coins be exchanged at pface value only. Jj. I This is all just a possibility, gt I though, and a pretty slim one at gSl | that. But the mere fact that SjXffl f the idea is being kicked around I s ^ ou ^ serve as a warning to the ihoarders of what their present I course could lead to. And if they do get slapped — lor slashed — on the wrists, I lv> .„ : Jdon’t think there’ll be many there wly 11 to mourn for them. (^■pnglish Institute Hosts Final Talk I “Imaginary Literature and K Imaginative Literature” is the I topic for Dr. Martin S. Day I of the University of Houston when he lectures as 8 p.m. Thurs day. The public lecture in the Architecture Auditorium will be the third and final lecture of a series sponsored by the NDEA English Institute. Loan operations larger than those of 92 per cent of the banks in the United States is taking place on the third floor of the YMCA Building. According to R. M. Logan, di rector of student aid, loans be tween $5 and $5,000 are made to more than 5,000 qualified stu dents yearly. The four types of student loans available are: the little loan fund: the student aid fund: the United Student Aid Fund, Inc. Loan; and the National De fense Education Act Loan. Other types of student loans are also available. The Silas Ragsdale Loan Fund allows jour nalism students to borrow money with no interest. The Bertha Pratt fund makes it possible for a graduating senior to borrow up to a $100 two weeks before he graduates for one year with a $5 charge. In order to qualify for a loan the applicant must be enrolled student cannot be on academic or conduct probation. The feel ing of Frank C. Litterst, assist ant director of student aid, is that if a person is not responsi ble in his school work and per sonal behavior, he is not re sponsible in other fields. All funds utilized in this pro gram have come from donations made to the university by former students, friends and private in- Arts And Sciences College Is Divided dustry. Any profit made is put back into the loan funds, ac cording to Litterst. 2 New Labs Awarded A&M The United States Senate yes terday approved $3.63 million for two agricultural research labora tories at Texas A&M. The appropriation earmarked $2,990,000 for a pesticide re search center and $644,000 for a cotton disease laboratory for the campus. In a congratulatory tele gram, Senator John Tower said, “I am pleased that these vital re search facilities are to be provid ed. They will benefit not only our state, but all American farm ers and ranchers.” President Earl Rudder said the new labs will be, “most impor tant to us as we progress in our graduate and research pro grams.” Both laboratories will be the largest of their kind in the Unit ed States, a spokesman for the agricultural research division of the U. S. Department of Agricul ture said. The pesticide lab will be used to determine whether particular chemical pesticides have harmful effects on feed, dipping, spraying and how animals react. The cotton disease research center will devote studies to methods of cotton production, weed and insect control. The Texas Commission on Higher Education has given ap proval to Texas A&M! to recog nize the College of Arts and Sciences into separate colleges. The commission during its quar terly meeting also approved re quests from A&M to: 1. Reorganize the School of Business Administration so as to create five departments. No degree programs or courses are affected by the departmentaliz ing effective Sept. 1. 2. To offer a graduate pro gram leading to the Master of Urban Planning degree. Students entering the program will have completed undergraduate studies in civil engineering or architect ure. This program will begin Sept. 1. Reorganization Sept. 1 of the College of Arts and Sciences in to separate colleges, each with a dean, is described by A&M of ficials as “in line with accepted structures in the better col leges and universities through out the country.” In the College of Liberal Arts will be the School of Business Administration and seven depart ments in the humanities and so cial sciences. The College of Science will in clude the biology, chemistry, mathematics and physics depart ments. Texas A&M officials said the division “will strengthen offer ings in both colleges and allow proper emphasis to be placed in each area.” The creation of departments in the School of Business Adminis tration was described as pro mising to provide for better counseling of students and more effective and efficient profes sional leadership and instruction. The departments to be estab lished formally as of Sept. 1 will be accounting, business analysis and research, finance, management, and marketing. All except the Department of Busi ness Analysis and Research will be degree-granting departments. The master’s degree program in urban planning will be offered to help meet the need for persons trained in this separate profes sional field. The inidividual student’s grad uate program will be worked out by a committee composed of rep resentatives of the Department of Civil Engineering, the School of Architecture and a professor of urban planning. “The rapid urbanization of the state and nation has created a need for persons knowledge able in this subject area,” uni versity officials told the state commission in seeking approval. ADLAI MOURNED The Academic Building 1 * flag was lowered to half-staff yesterday in reverence for the death of American statesman Adlai E. Steven son. The U. S. Ambassador to the United Nations died in London shortly after col lapsing in the street outside the U. S. Embassy. New Research Unit Eyes Human Behavior Problems as varied and interest- volve a team effort by A&M fa- ready to undertake projects in the ing as people themselves will be culty from varied disciplines. A behavioral and social sciences, researched through the new In- study might for example, require The realization b sc ho- stitute of Human Resources at expert consideration of such fac- lar3 (hat our 30(;iet (ace3 3eri _ Texas A&M tors as the psychological aspects, oa3 blem3 unless there are re _ The institute will serve as a housing conditions, financial as- 3earch brcakthro n gh s in the be- means by which Texas A&M fa- pects, population pressures edu- havoriaI and 30cia , ha3 culty members in the behavioral cational considerations and the , • a- - and social sciences may join in political-legal situation. -titute Pearson said He cited seeking interdisciplinary research p e arson noted that A&M re- the la ,; ding of a rocket upon the support. In this way it parallels searchers in agriculture, the sci- m 0 0 n while communications the Texas Engineering Experi- e nces and engineering have help- among peopIe in the home> the meat Station and Texas Agricul- ed shape our world. fuctory and society generally tural Experiment Station. . j ■ '•Wherever people live and . “ Thus ' T “ a “ A&M 1 '“ 3 “ s P ec - need ■'»P™'«’'ent. work there is a possibility of [ al responsibility to make a mean- “And the very successes in research topics that might help mgful contribution toward efforts meeting such problems as man’s man gain a better understanding to re< ; oncile man anci technology, physical control of his environ- of himself and his environment,” he sai<1, ment have created other prob- Dr. John E. Pearson said. He Pearson describes the institute lems,” he claimed, heads the institute and also serves now in the organizational stage Pearson described the institute as director of the A&M School of as a means of bringing together as tke on ]y one j n g ou th- Business Administration. prospective financial sponsors of west with such broad objectives. Some of the research may in- research and the A&M faculty Already undertaking a wide range of research are the Institute of ■ la 4* Human Resources of Columbia gw T fl University and the Institute of ^->4 Management Sciences at the Uni- ___ ^ _ versity of California, Berkeley. I Wo “Varied” is the only simple de- -i- l/A scription of studies to be under- , ___ , , , i • t - taken as financial support is re- Close to 500 persons represent- head a speaking lineup of more . . , ii i. r ,, ... . , ., ceived from private sources and mg all phases of the cattle indus- than 25 beef industry leaders. . . . try will gather here for the Third The economists are George L. gfovernmen a agencies. e pro- Coordinated Beef Improvement Mehren, assistant secretary of P osa 3 ing rea le is summer Conference Sunday through Tues- agriculture; Raymond J. Doll, ° r P ros P ec 1V ® sponsors in vo ve , • -j a j • a wide range of problems in Tex- day. vice president and senior econo- , . , , . Thirty-three speakers or pro- mist of the Federal Reserve Bank as ’ e na lon an a roa gram participants include leading in Kansas City; and Paul L. Far- Four broad divisions are joined stockmen, economists, editors and ris, project leader in meats and in the institute. The behavorial meat processors and distributors. poultry for the National Commis- science division includes anthro- Ed Uvacek, livestock specialist sion on Food Marketing. pology, sociology, history, politi- and assistant professor in the De- Another special attraction C& I science and psychology. In partment of Agricultural Econo- Uvacek said, is a cattle futures the economics division are eco- mics and Sociology, said the gen- forum. nomics, logistics, industrial rela- eral theme is “Economic Oppor- “Here is your chance to find tions > management and market- tunities in a Changing Market for out just what future3 trading ing. Cattle and eef. means and how it can be used,” The communications division e sai t e meeting is a com- ^he specialist said. “A panel of includes language scholars and mation o * 3 annual eef eX p er ts which is actually hedging specialists in electronics data » a t° a-a ° urse ’ lves oc and speculating in the market will processing. Philosophy is the xr 1 a- y-/ 1 , ! U e ’ , an * mencan ^ r y answer questions from the cornerstone discipline of the divi- National Cattlemen s Association audience » 3ion of social ethics . Biennial Coordinated Beef Im- provement Conference. ' — - ■ ■ ~ Sponsors are the ANCA, Texas I7 T * 1 Tj 1 C! JL J 1 and Southwestern Cattle Raisers jT l ft Cl l MllXCtlfl lOCflGCtlllP Association, and the A&M De- The end Qf aU the W()rk and studies for the first sum _ par men 30 mma cience an m session comes Friday with the final exams. The exam Agricultural Economics and Soci- schedule ig as follows ° °^ y ' , j • i * a Date Classes Meeting Uvacek said a special feature Ju , 15 ? 1-2:3,) is a senes of five workshops deal- Ju , 16 ? a m 7.8:3 0 ing with coordination of market- JlI , jg 10 am 9-10:30 mg volume and quality and its j , jg 2 11-12:30 effect on price, reducing cost and „ ^ • j- a-l j waste in cattle and beef market- For thos . e students that will remain for the second in* meetin* consumer needs co- summer session the registration will be held m Duncan ordlnTtion of m^kSTufo^mation Dining Hall Monday. All with surnames beginning with ^d armatle s“f“: M through Z register from 7 am. to 9:30 and those with keting cattle and beef. surnames beginning from A to L register at 9:30 to 11:30 8l m Three noted economists will 1 Foldberg Resignation Stirs Wide Comment BONES IRVIN Hank Foldberg resigned as Texas A&M athletic director Fri day and the move produced wide spread reaction across the state. Writing in The Waco News- Tribune, Dave Campbell said, “The timing for Foldberg’s de cision was a surprise; the de cision itself was not. It had to come. A fierce tug-of-war had developed underground between Foldberg supporters and an anti- Foldberg bloc . . .” Another columnist, Roy Ed wards of The Dallas Morning News said, “From the moment Foldberg became athletic direc tor alone, he went on trial with the verdict already determined. He survived these last seven months only because of his solid standing with Aggies of ence through the state.” And Jack Agness, writing in The Houston Post, reported: “The sudden resignation . . . came as a surprise to no one close to the ever-changing athletic picture at Aggieland.” The resignation was effective immediately and Barlow (Bones) Irvin, who had been assistant athletic director, was named as his replacement. Irvin joined the A&M staff in 1948, served as ath letic director from 1949 to 1954 and has been assistant athletic director since that date. In announcing his resignation, Foldberg remarked, “For some time I’ve been considering other plans, but I am not in a position at this time to disclose the nature influ- of my immediate plans. It was career at Dallas Sunset high a difficult decision to make.” For the past three seasons Foldberg has held the dual post of athletic director and head foot ball coach. He was replaced as football mentor in December when Gene Stallings was hired from the University of Alabama staff. Foldberg’s arrival at A&M in 1961 followed two seasons at Wichita University which saw him compile a pair of 8-2 records and for which he was twice named Missouri Valley Conference coach- of-the-year. His overall record at A&M was 6-23-1. His first season’s record was 3-7, his next one was 2-7-1 and last season his team posted a 1-9 mark. After a successful four-sport school, Foldberg played freshman football at A&M in 1941. He later transferred to the U. S. Military Academy where he was awarded All-America honors at his end position. He then played two seasons of professional football in the old American Football League, then shifted to coaching, and he was on the staffs at Purdue, A&M, and the University of Florida. Irvin lettered as an Aggie tackle in 1923-24-25, and later played professional ball with Buffalo. He served as head coach at St. Mary’s University and at two San Antonio high schools. He was line coach at A&M in 1932-33 and returned here in 1948 as freshman coach. HANK FOLDBERG