43

40

Carmichael stated that a maximum teaching salary of $12,500 would
suffice, and that where a man is engaged in private practice he should
be permitted to make an amount equivalent to his salary from such
private practice and other professional work. The Controller requested
that the Executive Committee endorse the principal sum of $12,500 as a
maximum salary with such supplementation privileges as stated, with the
understanding that the University will receive any earnings over and above
the professional ceilings allowed. These extra earnings will go into a
fund for research and other health affairs purposes to be expended on the
recommendation of the University Administration, with the approval of the
Board of Trustees.

"This recommendation was unanimously approved."