69

116

On motion of Mr. Tucker the foregoing recommendations were
approved and adopted.

President Graham made his report with special reference to
committees set up at the three Units.

President Graham stated that when it was necessary during the
past three years to make salary cuts under the State law and failing
revenues, the Trustees thought it wise that professors on the Kenan
Foundation share alike with their fellow teachers, and take the
same percentage reduction in salaries. The amount of the cut on
Kenan Professors has been set aside as a reserve fund and with the
current year's operation will total $43,000. He asked permission
to set up this reserve fund as an Emeritus Kenan Professorship Fund
to take over at a salary of $2000 tO $2400 per year members of the
staff whose condition is such that they should be put on limited
service or relieved of their regular duties. This, in principle,
would not be diverting the regular $75,000 annual income for Kenan
Professorships - merely using the percentage cuts from Kenan Pro-
fessor's salaries to establish a pension fund which will not only be
a timely help to the University, but may encourage others to extab-
lish similar funds to honor the distinguished service of men no
longer able to carry on.

The use of this reserve from the Kenan Professorship Fund
would seem to be well within the wording of the provisions covering
the Foundation.

Mr. Parker moved that approval be given to the request.

Seconded and carried.

President Graham stated that the Faculty Committee on Grounds,
Buildings, Fields, Forests, and Lake Area, in a meeting held
September 28, 1933, recommended that the town of Chapel Hill be
permitted to use the site below the lake dam overflow, now used
temporarily as a public bathing place but which is without any
proper facilities for such use, for such time as the Trustees
see fit, on condition that the Town of Chapel Hill erect the
proper bath houses, toilet facilities, and any other structures
that may be deemed necessary for cleanliness and hygiene by this
Committee, and by the State Board of Health, and that it be made
the duty of this Committee to see that the provisions of this
recommendation be properly carried out by the Town of Chapel Hill,
and that proper supervision be provided by the town.

On motion, the above request was granted.

Governor Ehringhaus read a telegram from Gen. Hugh Johnson,
Administrator of the N.R.A., requesting the release of President
Graham to work out an economic education plan for the consuming
public. After discussion, in which the sentiment was unanimous
that President Graham's services could not be spared at this time
without serious detriment to the University , the following res-
olution was unanimously adopted:

"While appreciating the honor and opportunity of his desig-
nation and not desiring to stand in the way of his expressed
personal desires to go, yet feeling that his presence in North
Carolina is so essential and necessary to the cause of education
and the success of the University consolidation now in progress,
this Committee does not feel that Dr. Graham can be spared at this
time and expresses the wish that he may decide to remain at his
present post."

President Graham then stated that in view of the sentiment
above expressed, he would remain at the University.