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November 19, 1961 - Image 5

Resource type:
Text
Publication:
The Michigan Daily, 1961-11-19

Disclaimer: Computer generated plain text may have errors. Read more about this.

VEMBER 19, 1961

THE MICHIGAN DAILY

VEMBER 19, 1981 THE MiCHIGAN DAILY

UNIVERSITY LECTURE IN JOURNALISM
P. D. EAST
Editor, "THE PETAL PAPER," Petal, Miss.
Author, "THE MAGNOLIA JUNGLE"
will speak on:
"THE UNCALLED QUACK"

HIGHER EDUCATION:
Business Assumes
Role of Financier

For Direct Classified Ad Service, Phone NO 2-4786
from 1:00 to 3:00 P.M. Monday through Friday, and Saturday 9:30 'til 11:30 A.M.

11

' )

Tuesday, Nov. 21
at 3 P.M.

Rackham
Amphitheatre

Jthere s Caiuat

.Smarlne.4j

about our well-dressed gal at left!

t ",
'
.
h.
y r
'f + ^ .
, '

. . in her smart double-
breasted coat of fine wool
at $39.95. Her chic pill-
boxcan be from velvet at
$4.00 to mink at $20.00.
Her good looking satchel
bag of marshmallow at
$5.98.
Her Fownes long pull-on
gloves of cotton at $4.00
of stretch capeskin at
$6.50and those popular
'Lily Dache' seamless ny-
Ions at $1.09-and un-
derneath it all she's wear-
ing Kayser lingerie cnd
Wispese girdle.

(Continued from Page 1)
Rathbone's firm pioneered in
regular corporate giving to col-
leges. It remains one of the lead-
ers, in the last five years, Jer-
sey Standard handed out nearly
$9.5 million to 494 schools.
His spirited defense of giving
money away was in answer to
a stockholder critic who com-
plained that some funds were
channeled to institutions which
"teach socialism and ridicule busi-
ness men, savers and investors."
Rathbone said he had no brief
for this sort of thinking. He went
on: "And yet, this goes to the
heart of the bill of rights. We
have freedom in this country
which few other countries have to
the same extent, and these free-
doms must be protected.
Reserve Judgment
"If we reserve judgment to any
small group of people as to what's
right and what's wrong, with the
ability of expression, we have lost
something we can't afford to lose.
"In effect, we have to take a
bit of the bitter with the sweet."
Rathbone's position won over-
whelming support from stock-
holders.,
Rathbone stood on the broadest
philosophical ground.
Many, probably most, corporate
donors follow a narrower policy of
"enlightened self-interest," fun-
neling funds largely to campus
projects holding promise of direct,
short-term return.
Steel Companies
For instance, steel companies
tend to support metallurgical re-
search, oil companies endeavors
in geology, manufacturers insti-
tutions training engineers and
scientists of other types.
Some companies earmark sums
for scholarships, faculty salaries,
student aid, specific new buildings
or endow chairs in economics,
banking, business administration,
marketing and metallurgy.
Taking quite a different tack,
a growing number, like Manu-
facturers Trust Co. of New York,
match contributions employes
make to their alma maters-up to
$1,000 for each individual con-
tributor.
Some companies give a per-
centage of profits before taxes,
some a fraction of research and
development budgets, some a pro-

portion of payroll and some by
no particular standard at all.
Retired Chairman
Frank W. Abrams, a retired
chairman of Jersey Standard who
pioneered in the business-aid-to-
college movement, has pointed to
some of the underlying motiva-
tions.
One is the rapidly increasing
awareness by business leaders
since World War II of their de-
pendence on the higher education
system, first as a reservoir of
trained manpower and secondly
an engine of general prosperity in
the market place.
Of the second point, Abrams
says: "The American system of
production harnessed to serve not
a privileged few but 180 million
people could not exist today if
971/2 per cent of our adultypopu-
lation had not achieved literacy,
if more than 75 per cent had not
completed a grade school educa-
tion, if nearly 40 per cent had not
finished high school and if 6 per
cent were not college graduates."
Business Thinking
Also interwoven in business
thinking is a sense of competition
with government for credit as
saviour of small independent
schools, many of them in finan-
cial difficulties.
Businessmen believe that these
colleges, if not helped voluntarily,
will be rescued by government aid
-to a large extent with dollars
taken from corporate profits in
the form of taxes, and with no
credit to business.
In company with other top-
ranking business executives,
Abrams had a hand in the 1952
founding of the council for aid
to education, a nonprofit mis-
sionary organization in the field.
Key Figure
Frank H. Sparks, who retired at
40 after a meteoric business ca-
reer to become president of Wa-
bash College, a Crawfordville, Ind.
liberal arts college for men, is
another key figure, now president
of the council.
In wide travels, he urges on
others the example of 25 Cleveland
area business leaders, signatories
of the "Cleveland compact."
The Lake City entrepreneurs
pledged within three years to lift
education giving by their corpora-
tions to the one per cent of earn-
ings before federal income tax.

CLASSIFIED ADVERTISING

LINES
2
3
4

- i
She's just one of our well-
dressed customers who
makes her shopping easy
at,

ONE-DAY
.70
.85
1.00

1 GIRL WANTED to share 3 bedroom
house in Livonia. For info, call NO
8-7284. C16
SENIOR desires large room near Archi-
tecture Building. Call Paul at NO2-1
5571. C17
LOOKING for something new? Try
living on a University parking lot
surrounded by brand-new furniture,
a patio-type laundry, and four walls.
For some information contact Ron
Westman at 663-1511, Ext. 287W, or
Rog at 665-0962. C20
FOR QUICK SALE-SX-99 Halicrafters
Communication receiver. Call 5-8978.
B18
TWO GIRLS' Raleigh bikes-$30 each.
1424 Iroquois. NO 2-0987. Z18
NEW HI-FI battery operated transis-
tor portable tape recorders. 25% dis-
count. Call NO 5-4574 after 6. B37
1957 LAMBRETTA motor scooter, good
condition, buddy seat, $150. Call
Detroit, LOgan 5-0868. B16
TERM PAPER typing bothering you?
Don't despair. Check the files in the
League Office. M12
FOR SALE-5 tickets for Ohio State.
Good seats. NO 3-0895 after 5:30 a.n.
B13
TWO NEW KUPPENHEIMER men's
suits 37 and 40 regular. Pd. $100 for
blue worsted, now $35. Pd. $120 for
brown tweed, now $45. NO 2-2768. B17
MICROSCOPE-Hardly used. Binocular
For more information, contact Ron
5X and 10X. Quadruple nose piece.
Mechanical stage. Attached substage
lamp. 1 yr. old. For research or Med.
school. $500 or best offer. Call NO 2-
2371. B14
HAYRIDES
FEATURE RIDES
BARBECUE RIDES
Call NO 3-5010
HI-FI, PHONO T'P, and radio repair.
Clip this ad for free pickup and de-
livery. Campus Radio and TV, 325 E.
Hoover. NO 5-6644. J24
A-1 New and Used Instruments
BANJOS. GUITARS AND BONGOS
Rental Purchase Plan
PAUL'S MUSICAL REPAIR
119 W. Washington NO 2-1834
Leave Nov. 1. NO 8-6037. G26
EXECUTIVE HOSIERY representation-
Minimum work - maximum profits
guaranteed. Free details. Gina's Hos-
lery, Box 2731, Sta. B, Toledo, O. H5

SPECIAL
SIX-DAY
RATE
.58
.70
.83

RIDERS WANTED from New York City
Sunday, Nov. 26. Ken 2-3802. 017
NEED papers typed? Qualified typist,
evcellent job. Call HU 2-4246. 016
WANTED Ride to Erie, Pa., soon after
12 p.m. Wed. 11/22. Just off road to
Buffalo. Call Craw at NO 2-5571. M1
RIDER WANTED to Phoenix on 12/22-23
and (optional) return on12/30-31.
Call NO 3-0159 after 6 p.m. week-
days. (018

-lim

i

1957 VOLKSWAGEN Sedan in excellent
condition. $895. Call 3-5501. N24
1960 VW CONVERTIBLE 11,000 miles,
excellent condition. NO 3-1004. $1450.
B3
SPORTS CAR, MGA, 1956 turquoise,
new top, radio and heater, Al. 2-7091.
N32
57 Mercedez-Benz 190 SL. Black, new
tires, R&H, Only $2295. Caall NO 3-
4316, 5-7 P.M. B41
1958 RAMBLER AMERICAN. Snow tires,
radio, heater, standard shift. Only
$700. Call FI 9-3569. N31
STUDENTS needed at once to handle
Christmas Wreath orders, call NO 3-
0436. H7
DISHWASHER-3 meals, in a small
fraternity, daily, 6 days a week. Phone
NO 2-0994. H6

LOST-3x5 Bibliography cards on Sleep
Deprivation. Lost between S. Quad
& Mason, about 12:45. Reward. Call
NO 3-7541, Ext. 656. A17
RIDES WANTED to New York City or
New England area. Will share driving
and expenses. Please call NO 5-4237.
M14
WILLOPOLITAN-Will take you to the
airport Wed., Nov. 22. Tickets on sale
in the fishbowl. Another service of
Alpha Phi Omega. M13
P E RSONAL S
PHI EP pledges victorious, Ha Ha ac-
tives, see you Monday. F52
PLANNED PARENTHOOD CLINIC. Ad-
vice of physician on birth .control.
Professional counsel on marriage
problems. Clinic hours Tues., and
Thurs.27:30-9. 201 E. Liberty. Call
NO 2-9281. F20
GENIUS with shears. Don Orenso, beau-
tician and barber. 320 S. Main. J9
REWARD for lost senior ring from St.
John's M.A. Call NO 3-7541, Ext. 199.
F46
LOCAL CHURCH seeking pt. time par-
ish visitor, good wages. Send quali-
fications to Box 23 of the Daily. H33
WANTED: Songwriter or Lyricist. Pop-
Rock, 50/50 Collaboration. Sal Lig-
gieri, 910 South 5th, Ann Arbor. H4
DIAMONDS WHOLESALE. From our
mines to you, Robert Haack, Diamond
Importers, 201 S. Main St., NO 3-0653.
V30
PASSENGER to fly (or drive) to Madi-
son, Indiana or Louisville-Leaving
Wed, afternoon 11/22 and returning
early Sat, morn., Round trip $24 (via
air). Call NO 8-7386 F19
BOL WEEVILS, Ann Arbor. Fabulous
Dixie-land band, now accepting book-
ings for late fall and early winter.
Bud-Mor Agency, 1103 S.U. NO 2-6362.
F53
GENIUS with shears. Don Orensot beau-
tician and barber. 320 S. Main. J9

Figure 5 average words to a line
Call Classified between 1*00 and 3:00 Mon. thru Fri.
Phone NO 2-4786

THE
MICH IGANENSIAN
IS YOUR
ALL-AMERICAN
YEARBOOK
ATTENTION ROTC
OFFICERS' SHOES
Army-Navy Oxfords - $7.95
Socks 39c Shorts 690
Military Supplies
SAM'S STORE
122 E. WASHINGTON W6

i , . f a is R r w n .'

- -

FOREIGN CAR SERVICE
We service all makes and models
of Foreign nad Sports Cars.

Lubrication $1.50

Nye Motor Sales

514 E. Washington
Phone NO 3-4858

$I

U

ON FOREST
off corner of
South University
Opposite Campus Theatre

ESTES ACRES
Mobile Home Center
New- Used
2967 Packard
NO 8-8688
Ann Arbor

Use our driveway to parking in rear of shop.

NEED SOMETHING? We have it!
Food, kitchen utensils, friendliness.
All this and much more at
RALPH'S MARKET
709 Packard
J3
ONE EXPERIENCED salesman and
handyman, wants a part time job.
Afternoons and/or evenings. Call
Bruce. NO 2-5571. J8
MAGAZINES-for special student and
Christmas rates. Call NO 2-3061, Stu-
dent Periodical Agency, pox 1161 AA.

OPEN
MONDAY NIGHTS

INCOME PROPERTIES for sale, call us
for complete information on several
properties with terms ranging from
$1,500 down.
RBOR
SSOCATES,
REALTORS
1829 W. Stadium at Pauline NO 5-9114
R2

BEFORE you buy a class ring,
the official Michigan ring. B
terson and Auld Co. 1209 Sou
versity, NO 8-8887.

1gvo

W IYfYiYUUll)10o ....

C-TED
STANDARD SERVICE

FRIENDLY SERVICE
IS OUR BUSINESS

For Your Thanksgivi
sh giving
PPng convenience
the folloi.
1wn
Ar0 store
are open Monda
ynight
until 8:30
y w,,,w :} ': Sf(i?.} ".:.;3:,ry/ .. x 1%.":.:: 2r~": {;% '':;rr::::;.:;. . . .
...................................................................................,

PHOTOS
by
BUD-MO

It is fall changeover time. Time
to check your cooling system and
put in, ATLAS PERMA - GUARD
anti-freeze.
"You expect more from
Standard and you get it.'"
SOUTH UNIVERSITY & FOREST
NO 3-9168
31

1103 S. Univ.

NO 2-6362

.

t4

the new t" V4* -bra,
ar
Mere is the most heavenly news
for~ active women always on the go-
Sky Bali's elastic arch
buoyantly surrounds each cup,
giving you complete freedom of moti
with top control .and comfort as it
supports and shapes and lifts your b4
n mandeau, .All-elastic bra with

for

I;

Guaranteed

I

I

od

The Budget Shop India Art Shop Quarry
Campus Bootery Jacobson's Randall's
r~.... .. c a n C occl'c SffeIl Fr RB h

bosomI.

I

I v Ik\

I:

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