Page 4
College Station, Texas
Tuesday, October 31, 1972
THE BATTAUi
E BAT
Texans Face School Money, Bond Interest, Hospital Amendment
AUSTIN (A*)—Most Texas vot
ers probably have never heard of
three of the constitutional amend
ments on the Nov. 7 ballot, but
each is important to some group
or section of the state.
The last proposition on the bal
lot would allow county commis
sioners to distribute money in
county permanent school funds to
local school districts to reduce
bonded indebtedness or construct
buildings.
If Amendment 14 is passed,
commissioners could take part of
their county’s permanent school
fund and divide it among the
school districts in the county, giv
ing each district an amount pro
portional to its share of the coun
ty student population. The com
missioners would be required to
leave enough money in the fund
“to pay ad valorem taxes on
school lands or royalty interests
owned at the time of the distrib
ution.”
During the 1800s, all but the
last few counties to be organized
were granted several thousand
acres of land to provide funds for
public education. Counties were
permitted to sell the land, but had
to reinvest the proceeds and con
tinue to use the income for the
school system.
Amendment 14, if passed, would
mark the first time counties have
been allowed to spend any part of
the principal of the county per
manent school funds.
The amendment passed the Leg
islature with only one dissenting
vote in each house. Sponsors say
the change is necessary to ease
the financial strain on school dis
tricts, many of which have al
ready sold all the bonds they are
legally permitted to issue.
While the distribution would
decrease the annual income avail
able to each county from its per
manent fund, supporters of the
amendment say the loss would be
offset by increased funds from
the state, which are allocated in
part on the basis of income avail
able from the county fund.
But opponents of the measure
use the same fact in arguing
against the amendment, saying
it would raise considerably the
amount of state tax money needed
to support the public schools.
They also argue that siphoning
off principal from the pei’manent
funds for the first time would set
a precedent that might be follow
ed every time the schools face a
short-term crisis, a precedent that
would deny future generations the
funds needed for education.
The next to last amendment on
the ballot would permit most
state agencies that issue bonds to
Bulletin Board
Aggieland Flower
& Gift Shop
209 University Dr.
846-5825
AGGIELAND BACKING THE AGGIES ALL THE
WAY!
BEAT ARKANSAS
TAMU Football Mum Corsages
Special Design and Special Ideas For That Special Girl.
Delta “Y” meeting has been
postponed until Nov. 7. Time will
be 7:30 p.m. in the All Faiths
Chapel.
Bridge Club will meet in Rooms
3B and 3C of the MSC at 7:30
p.m.
TEXAS NEEDS TWO PARTY
GOVERMENT
You can’t have two party government until you
elect Republicans in the State House and the Court
House as well as in the White House.
VOTE REPUBLICAN
HOWARD ANDERSON ’43
For County Commissioner
Howard Anderson Supports:
Hiring a County Engineer to supervise county em
ployees in road maintenance.
Development of a plan for the orderly and ecologi
cally sound growth of the rural areas of Precinct 1.
Improvement of the quality of existing roads and
lanes.
Amendment Number 12.
His Qualifications:
B.S. and M.S. degrees from Texas A&M University.
Teacher for 5 years at A&M Consolidated School.
Four years with Texas Agricultural Extension
Service.
Five and one-half years in management at Alenco.
Four years experience with heavy equipment.
Self-employed for four years as owner of Anderson
Machine and Specialty Company.
Republican Club Of Precinct 9 — Tres. Tom Taylor Pd. Pol. Adv.
TONIGHT
Exchange Store Advisory Com
mittee will meet in the Serpentine
Lounge of the Memorial Student
Center at 7 p.m. Special presen
tations of organizations which ap
plied for Exchange Store alloca
tions will be given.
Associated General Contractors
Student Chapter will meet in
Room 127 of Zachry Engineering
Center at 7:30 p.m. Paul G. Bell
of P. G. Bell Company of Houston
will speak.
A&M Wheelmen will meet at
7:30 in Room 2B of the Memorial
Student Center.
Junior Class Council will meet
at 7:30 p.m. in Room 304 of the
Physics Building to discuss shirt
sales and designs.
Sophomore Council will meet at
7:30 in Room 301 of the Physics
Building. Planning for the SMU
weekend party in Dallas will be
finalized.
Victoria Hometown Club will
meet at 7:30 in Room 113 of the
Plant Science Building.
THURSDAY
Chemical Engineering Wives
Club will meet at 7:30 p.m. in
Room 103 of Zachry Engineering
Center for a joint meeting of all
engineering wives clubs. Guest
speaker will be Dr. Leon Ras-
berry.
WEDNESDAY
MSC Recreation Committees
Mixed Group and the Aggie Wives
Electrical Engineering Wives
Club will meet at 7:30 p.m. in
Room 103 of Zachry Engineering
Center. Afterwards, the club will
meet at the home of Mrs. C. W.
Alworth, 1812 Shadowwood in
College Station. For information
call Lindy Triplett at 846-3843.
A&M Women’s Bowling Team
Places Second In District
raise the interest rates they pay
to a maximum of 6 per cent.
The constitution currently con
tains numerous provisions setting
different maximum rates for the
bonds of cities, counties, political
subdivisions and various state
agencies.
Almost all of the rates are set
below 5 per cent, a figure well
under the rates on most bonds
being sold today on the open mar
ket.
This makes Texas’ bonds hard
to sell, supporters of the amend
ment say. They warn that if it
does not pass, many programs—
like the Parks and Wildlife De
partment’s parks program or the
loans made to veterans for the
purchase of land—would have to
be cut back or dropped.
But opponents, of whom there
were only a handful when both
houses of the Legislature voted
overwhelmingly to put the amend
ment on the November ballot, say
the higher interest rates would
inevitably result in higher taxes
to retire the bonds.
Higher rates would also en
courage agencies and local gov
ernment units to rely more heavi
ly on bonded indebtedness to fi-
commissioners to dispose of the
district’s assets.
A constitutional amendment is
required because the district was
established by a constitutional
amendment 12 years ago. The dis
trict has since ceased to operate,
nance programs, critics contend.
Amendment 2 affects only the
one-third of 1 per cent of Texans
who live in Lamar County. It
would dissolve that county’s hos
pital district and permit county
and the county wants to
assets.
There is no known op
to the amendment.
Marine Corps
Interviews Ags
A Marine Corps officer selec
tion team from Austin will be on
campus through Friday to inter
view and test students interested
in the Corps’ PLC or OCC com
missioning programs.
The team, headed by Capt. W.
E. Lucas, will operate an informa
tion booth in the Memorial Stu
dent Center from 8:30 a.m. until
4 p.m. each day.
Captain Lucas also will speak
at 7:30 p.m. Tuesday in Room
146 of the Physics Building.
Ponderosa Specials
Friday Evening
Fry — $2.00
Sunday Noon Lunch
$2.00
► Special Weekend I
for Parents & Students!
Call 846-5794
Ponderosa
Motor Inn
CANTERBURY ASSOCIATION
Each Tuesday, 6:30 p. m.
Holy Eucharist and Supper
HERE
he night t
Heboid (G
tichard Mi
he Aggies
EPISCOPAL STUDENT CENTER
904 - 906 Jersey Street
(Southern Boundary of Campus)
846-1726
|y BILL HI
tattalion Sp
Just like
itadium, the
md went. T
;he offense
Also like
Eight members of A&M Wom
en’s bowling' team*'’placed in the
district meet held Friday and Sat
urday at Texas Southern Univer
sity.
The state meet will be held Nov.
10-11 at Stephen F. Austin State
University in Nacogdoches fea
turing the top placers from the
six districts in Texas.
In the team events A&M placed
second with a team consisting of
Marsha Thompson, Bernie Ponzio,
Sarah Savage and Jerry Lamp-
kin, and fourth with a team of
Debbie Berrier, Lisa Macias, Su
san Abbot and Dorothy Schuckler.
Ponzio and Lampkin won the
doubles event while Thompson and
This is the first year A&M h^s
fielded a women’s bowling team
for intercollegiate competition.
ANDRE'S
Bicycle Shop Inc.
213 University Dr.
846-0951
;he offense
ould barely
There we
or the Ag
The first w:
;urn for a
nan Carl R
jlock throwi
The second
freshman B
the other A
exception of
Aggie offer
all evening.
SPECIAL — Carideng Gumwall tires Reg. $5.25 Now $3.98
VITORIA — 10-Speed Deluxe $128.95
—As Advertised In Bicycling Magazine—
—Life Time Guarantee On The Frame—
FREE LAWAWAY PLAN
Savage placed third.
Ponzio also finished second in
singles. Macias finished fifth in
singles but will not be allowed to
compete in Nacogdoches as only
the top four finishers in each
event go to state.
Ponzio finished first in all
events by having the highest to
tal number of pins in nine games.
Savage finished sixth in all
events.
SENIORS
Pn
and
Ni
Co-spon:
GRADUATES
Profess<
They wi
50%
OFF
on
Seasonal Clothing
The Exchange Store
PICTURES FOR
1973 AGGIELAND
Will Be Taken
Oct. 30-Nov. 3 T-Z
Nov. 6 - Nov. 30.. Make-ups
From 8 a. m. to 5 p. m.
At
UNIVERSITY STUDIO
115 N. Main
North Gate
(Bring fee slips)
846-8019