PAGE 6 THE SCARLET AND BLACK December 4, 1970 7" I’E Complex To Blame For Deficit (continued from page 1) in general institutional and public relations costs. Plant maintenance costs were about the median, and our library expenditures were close to the bottom. The question everyone is asking is, of course, what is going to be cut7W'hile theans- wer is primarily up to the _Budget Priority Planning Cor mmittee which willmskemost of its decisions in January, Walker mentioned some ofthe vulnerable areas to the faculty at Monday afternoon's budget briefing. Primary areas men- tioned by Walker include aca~ demic equipment (except in the sciences, which is covered by a grant), staffmembers,stud- ent services, financial aidand concert series. Already cut this year were faculty mem» bers, student services,mm~ pus programs (theater prog- rams, PPPE. art acquisitions and international studies) and placement and financial aid. Other primary areas ofatmck must include thephysicaledu- cation budget and general ad- ministrative and maintenance expenses. Ultimately the blame for the entire austerityprogram must return to the Plant Fund Der ficit. The following table will show from where the deficit mine: Expenditures Phys. so. complex Book stats ARM renovations Other projects, Improvements \thletIc fields Debt service Total $2,550,000 71,000 osnmu 65mm) mum 219,000 $3.7u4,0uo Income Fed. gnu! (tot complex) oiits Punt Fund Investment Sale Total slutuou 359nm 362nm si,zai,uuu 52,473.00u mmu 5i .3su.uuu Debi Minus long term loan (an yrs) itttttteainte flab! ' The physical education com- plex is costingthe college$l.l million immediately and $2 million in the long run. The total deficit is $1.5 million. Therefore, if the physical ed- ucation complex had not been built, the total debt would be $400,000. Nevertheless, Wal-' ker asserts that the trustees believe the complex is a wise investment (due to the federal grant and loan) and that they SWEDE’S LAUNDRY 236 - 6072 812 COMMERCIAL hool or typewriter supplies would probably make the same decision to build today. The final question that re- mains is whether the col- lege's existence is threatened by the current financial cri~ sis. That problem mu be ap— proached from two angles. First of all, from the "no" side: The college's endowment is currently $13.5 million (plus the value of the dormitories, which are no longer being in- cluded). This is smaller than that of Oberlin, Swarthmore, Carleton, Macalester andilé- wrence but probably equal to or considerably larger than Kissiine Authors Tennyson Book James D. Kissane,professor of English, is the author ofa major new work on the poetry of Tennyson. Entitled AlfredTennyson, the book is a critimlstudy cover- ing the full range of thepoet's work. The volumeispublished as part of the ’I‘wayne English Authors Series comprisingst- udies of individual English authors. Kissane, chairman ofthe Ens glish Department and the Hu- manities Division has organ— New Driifl Rules (continued from page 5) first month of each new year, and for the remaining months of that lottery year, the folo lowing priorities will prevail: 1.. Men postponed from a prior call. 2. Volunteers for induction. 3, Extended Priority Selec- tion Group - lowest avail- able Random Selection Number first. 4. First Priority Selection Group , lowest available Random Selection Number first. 5. Second and successive re duced Priority Selection Group A lowest Random Selection Number first. 6. New 19 year olds of that year » oldest first. 7. 26-35 year olds - young- est first. 8. 18 1/2 - 19 year olds - oldest first. GRINIIELL OFFICE SUPPLY ACRCES FROM THE POST OFFICE the rest of the ACM schools. The ‘Plant Fund Deficit can probably be repaid within five years if anywhere nearly the current effort is made and capital improvements are kept at a minimum. However, at a symposium for educators at Williams Col» lege, one of the main speakers cited three factors which will decide which small schools will eventually survive. They are: 1) high academic qual— ity; Z) a national reputation; and 3) a $25 million endowe ment. The last figure would make Grinnell half the size L it should be to survive. 1 Robert L. Williams, director of the Black Studies Program and professor of psychology at Washington University, gave the opening speech for the Black Cultural Weekend here November 20. ized the book around the three (photo by John Pepper} major types of Tennyson's poems “ lyric, verse narrar tive, and dramatic. _ According to the publisher’s description, Kissane's meth- od "provides a useful frame work for surveying the entire range of Tennyson's work." in this effort, the book “at tains both breadth andbalance in examining Tennyson's ex- tensive and many-sided adi- ievement" and provides “a lucid tracing of Tennyson’s literary reputation and an as sessment of his merits and deficiencies." Cerauthor (with S. P. Zimer and M. M. Liberman) of A Preface to Literary Analysis and The Practice of Criti- cism (beth published by Scott Foresman), Kissane is the author of scholarly articles on a variety of 19th-century subjects, including Victorian mythology, Jane Austen, Wil- liam Wordsworth, Herman Melville, and Sherlock Hol- mes. WE’RE EXPECTING an! A» AIR HOLIDAY Till-S SEASON dam, tau/w [1444/ GRINNELL TIRAVH Cf/Wffl IIIIII 51h AVE / AND JABKETS FIRST QUALITY, FEW IMPERFECTS AND IRREGULARS ALL AT WHOLESALE PRICES OR LESS HOURS MONDAY..........Ip.m.~9p.m. TUES-THURS. . . . . . . I p.m. - 5 p.m. SATURDAY . . . . . . . .9 cl.m. - 12 a.m. Glove and Jacket Sales 811 Fifth Avenue