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April 23, 1922 - Image 2

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THE MICHIGAN DAILY MAGAZINE

SUNDAY, APRIL 23, 1822

Planaging the Ilichigan Union
Editor's note: This is the first of a "what's going out." The, head of any does make money and what does not $3,300; rentals $1,100; the Opera
series o three artit-tes dealing with family can explain it without diffi- make money, let us go into the financ- $3,500; Opera Music, $127; waste
the op r ade and organization of the culty. ial sheet as approved by the Board of paper, $28; valet service,.$7; Opera
Mihhigan Union, of the establishment With the distinction in mind be- Governors, and see how the various trip, $4,000; Spotlight, $1,700; Spring
as seen from within rather than as tween what we have on hand, and branches stand. Spotlight, $194, and Summer Spotlight,
seen from without. It complementa what we have to spend it for, let us see Taking up what is, perhaps, the $375.
the perspective of the Michigan Iiion what the Union does with its funds. most important feature to the aver- But on the other side of the ledger
as the student sees it every day. The Since at the present time the Union is, age student, the food department, we ;we have the operating expenses with
two remaining sections of the series and until an endowment fund is ob- ffind the restaurant with expenses of no source of profit which include
will be published next Sunday and tained will be, almost entirely self- $177,762 a year. Last year they took house supplies, wages for those not
the Sn.ay thereafter. supporting, the profits from runnning in $177,552, so that the restaurant is employed in any one department, as,
the organization must be enough to about breaking even. The Cafeteria, managers, housemen, doormen, ele-
(By George E. Sloan) enable it to maintain itself. That is twith less expensive equipment and vator boys, check room employe"4a
ire crux of the whole financial situ-! service and les fancy dishes, did a and telephone operators $26,994.02.
,limafieing the Michia-en 1is01 . ation, for while the tap room may re- business of, roundly, $135,000 on a cost This includes also such items as tele-
When one hears that the Union lid turn a profit of $6,000 in any given of $128,000, making a profit of slightly phones, $1,316.20; water, $332.22; re-
a gross business last year of a half - year, yet'when it is eaten up by non- over $6,000 for the year. The soda bar pairs to furniture and furnishings,
million dollars and on that business productive sources of expense such as came next, with a business of about $2,394.34; magazines and newspapers,
realized a profit of $70,492.17, dues in- telephone booths, housemen, doormen, $28,000 and expenses of about $22,000, X467.69; electric light and power,
eluded on the revenue producing de- elevator boys, check room, taxes, leaving a profit of more than $5,000, $2.972.22; insurance, $2,650.80, and de-
partments, and yet only shows a clear water, gas, repairs, etc., there isn't ; making it next in importance to the preciation on equipment, $1,800. In
balance of $600.00, the first ispule so much profit after all. cafeteria in capacity for paying for ;additio-n are smaller items, such as
is naturally to s'osdcaer "wherenhel?" That, briefly, is the situation the: itself. The stand made a profit of wtster, taxes. laundry, cleaning of uni-
all the money goes It shal be my ,i Union finds itself: Profits from some $1,200; billiards netted $3,800; the forms, upteep and care of shrubbery
object in this first article to show, and departments--dead loss in others, which dormitory (rooms on the third floor and yards, membership emblems and
and in the third article to explain the must be kept balanced. Another diffi- for members and their guests) re- printing. Altogether these items of a
organization of the Union, its contsti- culty is that the Union has only been turned $9,400; bowling alleys $700 and gonrral nature, not applicable to par-
tioi, by-laws, lsocrdsl4 of governors and ;In operation three years and any hotel sbarber shop about $1,300. In addition: tiular departments, total $44,943.28.
stirectors and other man-sing bodies. ! man will explain that it takes from to these main revenue producing de- In the office, wages of clerks, book-
srd in tIe tiird article to xlan th three to five years to enable a club tartments the dances brought In (Continued on Page 8)
'riss sts,-nt activities centeritng in or hotir to weed out its personnel and
te Inint t:vich make it the very ,get down to a smooth running basis.
1er1c cvtttr of University affairs. Thus the Union must support itself I "r E'S
To rit sit h, it tttshld se clearly upon the revenue from those depart-
taci in s mind that the vastedifference ments which do return a profit.
ts "s-ha coming in" and -In order to see clearly just what

999,TAX1
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Every Passenger Insured
Against Accident
a llillItlll illllildillliillfllllflll lill ll ll fi llilill1111litilllill !t1 1111f! 111p1"

A Place to bring your friends
Nowhere is the food better
Nowhere is the service more prompt
TUTTLE'S LUNCH ROOM
Maynard Street |

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