UA-R-GC-1914-01-01-1954-11-12_Page-006

Board, 11/5k, p.4 758. (Continued) The following recommendations were voted, as approved at two 1111 meetings of the Finance Committee held in Bronxville: THAT financial agreements between the Chairman and the President be ap-proved, as set forth in Dr. Horton's letter to Dr. McLain under date of 23 September 1954. THAT an annual payment be made to the pension fund of the Disciples of Christ, amounting to 5% of annual salary ($10,000), for the ac-count of Raymond F. McLain, in lieu of coverage in the group plan of the Sun Life Assurance Company for permanent members of the staff. THAT annual salary for short-term instructors holding a masters or other degree beyond the first bachelor's be increased $100; and 'WHAT annual salary for short-term instructors holding a doctor! degree be increased $200. THAT an additional payment of $40 be made to Robert C. Lupton for expenses of transporting his baggage from New York to his home in Detroit, his resignation after two years having been caused by ill health in Egypt. THAT, prompted by an investigation of tuition charges (as given in the report of the Acting President) which seem low, and especially so in the School of Oriental Studies, it is suggested to Council that a review be made by all departments of the basic charges for tuition, and that a report be sent to the Trustees by spring so that action can be taken to increase tuition next year, if advisable; also 1 THAT low tuition costs in the School of Oriental Studies be explained to Shell Oil and to other business firms using our language training department, with a view to securing contributions to the University. Whereas a special study of the reports of certain of the operating departments of the University (as set forth in the report of the Acting President) has called attention to accumulated deficits in these particular operations, therefore be it resolved THAT Council in Egypt be urgently requested to review the activi-ties of these departments to see that past deficits are paid off and that future operations are conducted on a break-even basis. (This applies especially to the hostel and dining hall accounts.) The report of the Committee was received with thanks and with special appreciation to the sub-committee on investments for its fine handling of the endowment and trust funds of the Uni-versity. 759. REPORT OF COMMITTEEE Oil BUILDINGS AND GROUNDS Report of the Committee on Buildings and Grounds (p.18) was read by Mr. Garrett. Recommendations approved by the Com-mittee at a meeting held in Bronxville were voted as follows