- 10 - THAT the Finance Committee, in consultation with the new committee on promotion, consider means of reducing our in-debtedness and present definite recommendations to the Board. The report of the Finance Committee was accepted and ordered placed in the Minutes. 873 NEW PROGRAM Dr. McLain reported briefly on the following (see attached DEVELOPMENTS papers as referred to in the Agenda) : (a) Junior Year in Egypt (beginning of this has been postponed to 1958-59 (b) Developments in graduate program (c) Library building plans (d) Building and grounds, report on improvements (e) Recent laws in Egypt (f) Consideration of Seminar on the Middle East (g) Action in granting of degrees: Summer 1956, June and Summer 1957 (see Minute #874) (h) Tuit...