Veritas, Vol. 15, No. 14, November 25, 1974

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Volume 15, Number 14
November 25, 1974
Trustees Appointed
To Women's Group
Four women of the Board of Trustees
have accepted invitations to become
associate members of the UM Women's
Commission, according to Dr. Eveleen
Lorton, Commission chairman and
associate professor of education.
The new members are Ms. Norma
Carlin Kipnis, Mrs. James McKillips, Dr.
Marilyn Segal and Mrs. Ellen K.
Whiteside.
The 14-member Women's Commission,
established by President Stanford in 1971,
acts as an advisory board to the president
in matters of concern to all women on the
university campus.
The membership of faculty, administrators and students was broadened
last year to include associate members in
an advisory capacity with the appointment
of Mrs. Audrey Finkelstein, distinguished
UM alumna and recipient of the UM's
Order of Merit.
Mrs. Finkelstein this year was named
an active member to succeed Betti Pate
who resigned from the University.
Other members of the Commission for
the 1974-75 year are Marjorie Abrams,
assistant dean of students; Lynn Bartlett,
counselor for resident students, retired;
Polly Cook, director, Wesley Foundation;
Dr. Carolyn Garwood, chairman,
educational psychology; Dr. Evelyn
Helmick, associate professor, English;
Silvia Huber, assistant director, Affirmative Action Programs; Joan Lom-
bardi, undergraduate student; Nedra
McNamara, director, News Bureau;
Louise Mills, assistant student personnel
dean; Ana Roca, undergraduate student;
Dr. Claudia Rogers, assistant professor,
anthropology; and a graduate student to
be named.
In this issue . . .
December calendar of University
activities and events. For reference
clip and save.
Top Economists Gather Here
Approximately thirty-five of the
nation's leading legal and economic
authorities, including Dr. Milton Friedman of the University of Chicago, will
attend the inaugural conference of UM's
new Center for Studies in Law and
Economics.
The conference, entitled "The Gold
Clause Cases-Forty Years of Abrogation"
will beheld at the Royal Biscayne Hotel on
Key Biscayne on November 25 and 26. In
charge of the conference is Dr. Henry G.
Manne, distinguished professor of law at
the University and director of the new
Center.
"The conference will highlight a
particularly timely topic, since gold
ownership is scheduled to become legal for
American citizens on January 1, 1975,
though there have been recurrent rumors
that the Ford Administration will seek-to
postpone this event," said Dr. Manne. Dr.
Manne further noted that the Gold Clause
Cases, which upheld the constitutionality
of government abrogation of gold payment
provisions "have been largely neglected
by legal and economic scholars in spite of
their tremendous importance for contemporary economic issues."
Topics to be discussed include the legal
history and constitutional law surrounding
the cases, the economics of gold clauses
and other price indexing devices, the effects of contract abrogations, the relationship between inflation and gold, and the
anticipated impact of the older cases when
gold ownership is again legal.
Dr. Friedman, a renowned and influential economist and writer, is perhaps
best known as an advocate of wider use of
free markets, and a diminished role for
government, in economic affairs. He has
recently urged widespread use of price
Early Paychecks
The Vice President for Financial Affairs has announced that December
paychecks for A02, A06 and A07 personnel
will be ready for distribution on December
13.
Checks for A01 administrative personnel will be ready on December 23, the
last working day before the Christmas
holidays.
Henry Manne
indexes as a means of combatting inflation.
In addition to the paper by Dr.
Friedman, other papers will be presented
by Professors James Buchanan and
Nicolaus Tideman of Virginia Polytechnic Institute and State University;
Harry Johnson of the University of
Chicago and until recently of the London
School of Economics; Professor Ralph
Winter of the Yale Law School; and
Professor Gerald Dunne of St. Louis
University Law School. Professor Dunne
was until recently Vice President and
General Counsel of the Federal Reserve
Bank of St. Louis.
This conference is being funded by the
Liberty Fund, Inc. and represents the first
of a series of interdisciplinary conferences
that the new Center for Studies in Law and
Economics will conduct.
^   MBA Program
Selected to Train
Minority Educators
by Sanford Schnier
News Bureau
UM is one of four major U.S. universities chosen by The Rockefeller Foundation for its new program of Fellowship
Awards leading to a Master's degree in
business administration for experienced
minority educators interested in the
financial management of public schools
and college budgets.
Dr. Edward J. Fox, dean of the School
of Business Administration, said, "This is
a landmark decision for the School. Applicants from the total southeast will be
directed to us, with those from the west
going to Stanford University, the midwest
to the University of Chicago, and the
northeast to Columbia University.
"The appointment reflects recognition
of the University of Miami's interest and
competence in minority group programs.
The success of our Minority Management
Internship Program, a certificate
program we have operated for several
years, recently led the Rockefeller
Foundation to grant an additional $275,000
to cover operations over the next five
years."
Applicants will be minority group
members between 30 and 45 years of age;
experience in educational administration
is preferred although classroom educators
may also qualify. Upon completion of the
degree, Fellows would be expected to
return—as financial managers—to public
school systems or predominately black
colleges.
Fellows will be chosen on a competitive
basis by a panel of experts. First group
will begin in January, 1975. Participants
will attend the university within their own
geographical area.
Trustees to Accelerate Fund Raising
President Stanford has announced that
members of the Board of Trustees are
planning to review and accelerate their
fund raising activities for this year.
Their concern, Dr. Stanford said, is a
result of his annual report to the Trustees
which revealed last year's unexpected
deficit of $560,950.
In his report, Dr. Stanford had commented: "Armed with information about
this deficit, our friend-raisers and fundraisers, from Trustees through the administration to all our voluntary groups of
devoted workers, can testify handily to the
need of the University for more donations,
particularly unrestricted gifts that may be
used to balance the operating budget."
Since the report was distributed to the
Trustees, Dr. Stanford has also informed
them about continuing unanticipated
sharp increases in such fixed costs as
electricity—an estimated additional
$295,000 for the current fiscal year.
The Trustees, he said, also reminded
him of the necessity to control expenditures and appropriate steps are being
taken to exercise sharp control over all
expenditures this year.
"I am confident," he said, "that all my
colleagues are convinced with me that the
University of Miami must remain
financially solvent and, therefore, will
cooperate to the fullest. For your cooperation, I express my deepest appreciation."
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VERITAS   is   a   we<
prepared by the Universi
in   conjunction   with   tl
Academic   Affairs  for  t
administration of the Uni
and their families.
Editor: Charles Feiglsto
Newsmakers, Calendar
Schnier 284-4073
8.1
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Non-Profit Organ
U. S. POSTA
PAID
Miami, Flor
PERMIT No.
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Editor: Sanford
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