THE BATTALION
FRIDAY, OCTOBER 26, 1979
Page 3
SCONA seeks
conference funds
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K The Student Conference on
National Affairs — SCONA —
raised $26,000 this summer. That
leaves the £roup just $16,500 short
( of their $425,000 goal, needed to fi-
•ftance this year’s conference,
w Student members of SCONA
went to various parts of Texas this
summer seeking donations for their
conference, “Technology: Tool or
Tyrant,” to be held at Texas A&M
^University next February. They also
.sought donations in Mexico City.
■ Over 200 students from around
^e country, as well as Canada and
Mexico, will attend the February
conference to discuss modern
technology.
J SCONA chairman Jim Briggs said
they are also trying to get a delega
tion from Australia to attend.
79 editfaj L I Currently, SCONA is in the mid-
Christai! ^ die of a two-week fund drive in the
than sou. Biyan-College Station area. “We re
uring 1: -going to all the local merchants and
1 the pair. we hope to raise about $10,000 this
; flowing tuyear in this area,” Briggs said. “Last
limalatben: year we raised about $6,000 here.”
ad flyingAfter the local fund drive,
pilots®:; SCONA finance chairman Anne
Kennedy will be sending letters to
, major corporations around the coun-
gtry asking for donations. “We are
ing to send letters to the Fortune
jagazine’s top 500 companies in the
United States/’ Kennedy said.
|| Kennedy said SCONA pays room
and board expenses for the dele
gates; however, they pay for their
own transportation. Additional
| money is spent on speaker fees and
! various materials.
MrWe will probably spend about
$10,000 on speakers, Briggs said.
S “We will definitely spend every
penny we make. Entertainment will
also be provided for the delegates
and speakers.”
Top donors so far have been the
Strake Foundation, which donated
$3,000, and the Houston Endow
ment Incorporation and Albert C.
Pfaff, each donating $2,500.
SCONA is under the MSC Coun
cil and Directorate. It has existed at
Texas A&M for 25 years.
“The MSC Council oversees
everything we do and sets certain
guidelines for us,” Briggs said. “But
we are the only organization under
the MSC that is entirely self-
supportive.”
SCONA is made up of 100-125
students and a few faculty advisers,
Briggs said.
Briggs said there are similar con
ferences at West Point, Annapolis,
and the Air Force Academy.
But Briggs said there was a dif
ference in SCONA.
“Those programs are run by the
faculty,” he said. “Our program is
run by students with a little faculty
input.”
The purpose of SCONA, Briggs
said, is to build leaders.
“We want to enlighten future
leaders and broaden their perspec
tives on certain issues. We are try
ing to inform future leaders, and not
influence them.”
Twenty delegates will represent
A&M, Briggs said. “These delegates
do not have to be members of
SCONA,” he said. “Faculty mem
bers will interview prospective del
egates later in the semester.”
Briggs said he is currently work
ing on speakers for the conference.
“We are working on some people
right now, but we don’t have any
definite answers, he said.
Prof charges
media distort
in oil reports
A Texas A&M University busi
ness professor Wednesday charged
the news media with distortion and
bias in reporting record third quar
ter profits in the oil industry as ex
cessive.
“The basic flaw is they simply
threw out a percentage increase
without comparing it to other indus
tries and then suggested that that
profit was excessive,” said Dr.
Gerry Keim of Texas A&M’s De
partment of Management and an
expert on oil industry finance.
“Contrary to popular belief, oil
company profits are not excessive,”
said Keim. “In many ways they (oil
companies) don’t do any better than
the average Fortune 500 companies
and a lot worse than some,” he said.
For example: An investor in 1978
would have had a 33.3 percent re
turn on his dollar by investing in
broadcasting, motion picture pro
duction and distribution. That is
compared with the relatively mar
ginal return of 11.72 percent in pe
troleum refining, said the professor.
“It’s just sloppy journalism,”
fumed Keim. “You can’t look at
numbers from just one industry and
say that the profits are excessive.
The numbers that looked so big
Tuesday night don’t look nearly as
large compared to those of the real
money makers.
“If oil company profits are exces
sive, then broadcasting profits must
be obscene,” said Keim.
Tuesday, five oil companies an
nounced their third quarter profits
compared to those of last year. They
were in order of their industry rank:
first, Exxon, 118 percent; fifth,
Gulf, 97 percent; sixth, Amoco, 49
percent; seventh, Arco, 45 percent;
and ninth, Conoco, 134 percent.
Two-month
study grants
announced
The Association of Southeast
Asian Nations (ASEAN) will award
ten Fulbright-Hays study grants for
a two-month seminar abroad this
summer.
The grants are open to American
academics in economics, political
science and international affairs.
ASEAN is primarily interested in
mid-level scholars who have doc
toral degrees and two to three years
of college teaching experience.
Most participants will be selected
from universities with programs in
Southeast Asian studies.
Participants will first spend four
weeks of concentrated study, con
sultation and observation in the
Philippines. Then, they’ll spend one
week in each of the other ASEAN
countries — Indonesia, Malaysia,
Singapore and Thailand.
Awards will include roundtrip
travel, travel allowance, insurance,
excess baggage, books and a stipend
of $1,500 per month.
The deadline for applications is
Nov. 15. For more information call
the International Services office at
845-1825.
V/SA
DISCOUNT CENTER
1420 TEXAS AVE.
COLLEGE STATION
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6 rolls
way widening
causes meeting stir
By RICHARD OLIVER
Battalion Staff
H Thursday’s College Station city
council meeting pitted some un
stoppable council members against
an immovable resident engineer.
k The argument concerned a Texas
Highway Department Plan to widen
a stretch of Texas Avenue between
the Ponderosa Inn and Navasota
east of College Station.
E Council members were con
cerned over the fact that a strip of
Texas Avenue between Farm Road
2818 and the East Bypass was being
left as a two-lane road.
I; Bill Bockman, a resident engi-
| neer, told the council it was “not
feasible to tie this portion of the
highway in to the project at this
time.
f. Councilman Larry Ringer dis
agreed with Bockman, saying, “The
stretch from 2818 to the East Bypass
has been left out of the project. Our
understanding was that it was to be
eluded.
“We have brought this to the
Texas Highway Department (THD)
veral times,” he said. “When we
iisked we were told it was a good
ea, but nothing was ever done.
!j low you’re not going to do anything
! again. ”
I The councilmen said should the
in said, project be completed, Texas Av-
: the Car)])' f
Jiat under i
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Judea and^
d Gaza anil
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heir hi
j resolve!
an state
:hose
ans si
untries,
enue would be four lanes to 2818,
then narrow to two lanes all the way
to the east bypass (or the Ponderosa
Motor Inn), then widen again to
four lanes to Navasota, causing a
traffic hazard.
After considerable debate, the
council voted unanimously to leave
the contract negotiations in the
hands of Mayor Lorence Bravenec
or City Manager North Bardell.
The" council also brought ujp the
problem of turning left off of Texas
Avenue into Culpepper Plaza, citing
the confusing nature of the left-turn
lane. Bockman said he would look
into this, also.
In other council action, the coun
cil voted to give the mayor or some
other specified council member the
power to sign a resolution authoriz
ing the application for a grant to
support the juvenile unit of the Col
lege Station police department.
The council also voted to rezone
three tracts in College Station.
The first two tracts were rezoned
from single residential districts to
general commercial districts. Both
were located on or near Texas Av
enue.
The third rezoning request was
submitted by Southwood Valley,
Inc.. The tract was rezoned from an
agricultural district to a single family
residential district.
YOU
ASKED FOR IT!
JENSEN
Two
SOUND LABORATORIES
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liament ■
tlement t
)ortheastfJj
Egypt
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organize!'
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; would W
s around
^ere for.
Kyle
ttalion r^J
ent ser*
porting.
SUPER GUITARS,
SUPER LOW PRICES
Reg. 249.00
Sale
27900
MODEL 5014 ALVAREZ
A good all purpose guitar with
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around sound hole. Celluloid
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mahogany neck has adjust
able rod with "U" channel;
speed satin finish for greater
playing ease. Fingerboard is
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heads.
MODEL 5025 ALVAREZ
This dreadnought model of
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Reg. 199.00
Sale
139°°
KeyboARd Center
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er I Bryan • 7i
/ Randy Stuart,
Baktwin FSarto*
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Owner
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