Page 2 - The Michigan Daily - Friday, May 8, 1987 Governor expected to veto funding (Continued from Page 1Y bill allots higher education $19 million more than Blanchard recommended. "I suspect that the Governor will veto whatever higher education bill the legislature sends them," Hood said. Hood expects the senate to support the house budget, but doubts it will request an increase over what the house asked for. "I don't think that the governor or the legislature can afford to go much beyond $19 million," Hood said. The bill gives the University $229 million for operating cost, $10.5 million for the research excellence fund, and $342,000 for the Martin Luther King Jr.-Rosa Parks Initiative - a program de - signed to encourage minority students and faculty to come to the University. The bill will also allow the University to start a doctoral program in applied physics. House panel votes to divest A By TED KLEINE Special to the Daily LANSING - The state House Civil Rights Committee voted unanimously Tuesday to submit two bills for house consideration that would require the state pension fund to divest stocks and bonds from companies with holdings in South Africa. The bills, sponsored by Rep. Perry Bullard (D-Ann Arbor) and Rep. Viril Smith (D-Detroit), would require the state to sell over $2 billion in stocks and bonds over a five year period. For the past five years the bills died in the republican-controlled Senate after passing the house by a substantial margin. The Senate Judiciary Committee will begin reviewing the bills on. May 28 and, according to an assistant for Sen. Rudy Nichols (R- Waterford), the committee chair, the bills will probably clear the Senate with some minor changes. The University currently has $500,000 invested in companies that do business in South Africa. Regents seek executive leader for presidency I (Continued from Page 1) vacancies. "It's hard to find top- ranked people, even among Univer - sity peers," she said. The past four presidents have either risen through University ranks or been recruited from other large Universities. The Board of Regents will comprise the Presidential Selection Committee that will begin search - ing for a replacement this summer. Brown confirmed that university presidents such as Arnold Weber of Northwestern University and Frank Rhodes of Cornell would be considered. He added other unive - rsity presidents would also be considered. "We have to look at the University- where it is, where it should be going, and what its needs are," said Regent Paul Brown (D- Petoskey) "This will help define the type of person we're looking for." Shapiro was chosen in 1978 after a similar evaluation of the University's needs. According to Regent Thomas Roach (D-Saline), he was chosen on the basis of 19 qualifications compiled by students, faculty, and alumni. "We thought he was fantastic when we picked him, and he's exceeded our expectations," Roach said. Shapiro's seven-year term as president was marked by strong economic guidance and develop - ment. Shapiro initiated the Camp - aign for Michigan in 1983, in an attempt to increase alumni dona - tions to the University. The four-year project - running until December 31 - has already raised $155 million. The University has allocated the money to student aid, fellowship funds, and profes - sorships as well as to building or renovating buildings on campus. Shapiro is also noted for his ability to unify the administration. Vol. XCVI-No. IS The Michigan Daily (ISSN 0745-967 X) i$ published Fridays during the spring and summer terms. Subscription rates: May through August-$5 in Ann Arbor; $7 outside the city. 4 The Archdiocese of Detroit has a job to do. We know some people who are facing tough choices in life who need good advice. We know some people who are facing no choices who still need hope. We know a lot of great kids who need a place to be kids, and maybe someone to bring the ball or the music. We know a few older people who are going to die whether or not someone is there to bring them peace. All over the Archdiocese there are people who need a place to count their blessings and share their sorrows-people who need a hand, or a shoulder to lean on, or sometimes just an ear. At Sacred Heart Seminary we're teaching young men to use the hands and shoulders and ears and hearts God gave them. It's a great education. A college degree. Graduate work. We'll give you up to eight years to decide you really want to be a priest before we ask you to do it for good. Sure, the hours are long. But they're flexible. And if you come to work here, you'll get rich in ways few people can imagine. Not everyone can do the We Itte job. If you think you can, call us. 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Display Advertising 764-0554, Biting 764- I The work is hard. But the rewards are infinite. Sacred Heart Seminary (313) 868-2700 I The Michigan Daily is a rmber of The Assoc'uc'd Press and sub - scribes to Pacific News Service and th- Los Angeles Times Syndicate.