March 8, 1973 President Oswald (cont. from page 1) UNIVERSITY RESPONSE We are working in a constructive manner toward the maximum understanding of our circumstances by State officials and the members of the Legislature as we seek essential financial relief. This will be done in the next few weeks, particularly at the Budget Hearings before the House and Senate Appropriations Committee. Nevertheless, we have been for some time engaged in the most serious internal efforts to find the ways to manage the University's budget situation most constructively. In the weeks ahead we will continue to discuss further fiscal developments with you as we seek means to cope with this situation. It is necessary for us to take immediate steps to prepare for the 1973-74 fiscal year. As of this date, I am placing a suspension on recruitment for positions of all types. Formal offers of employment made prior to this date will be honored. Vacant positions may not be filled for the present without approval of the Provost of the University. Administrarive officers may submit critical cases to the Provost for his consideration through appropriate channels, but I am asking him to approve only the most justifiable exceptions. Temporary appointments of faculty required to meet _Spring Term teaching loads may continue to be made but commitments may not extend beyond the Spring Term. No new positions will be added to budgets for the present. Although I realize how seriously some programs will be affected, I, nevertheless, am asking each unit of the University to begin to plan now for the operation of programs during the next fiscal year at a budget level which is 94% of that unit's current permanent University Funds budget as of January 31, 1973. Funds so derived are absolutely essential together with funds resulting from increased tutition to cover those University-wide cost increases which have been mandated and are unavoidable. Some of these funds must remain available for reallocation back to those units whose effectiveness would be the most drastically imparied by a six per cent reduction. In addition to these, there can be no assurance at this time of a general wage or salary increase at the beginning of the CM GAMMA lOTA NEWS by Bob Chaapel Tuesday, March 6, marked the last meeting of the Winter Term for the Chi Gamma lota Fraternity. Congratulations were in order, as the following people have been elected to the offices indicated: Dick Smith, President; Nick Spengler, Vice-President; Bob Chaapel, Secretary; and Bill Potter, Treasurer. Installation of new officers will take place at the first frat meeting of the Spring Term, Tuesday, April 3. Anyone expressing an interest in the fraternity is invited to attend the meeting which begins at 8 p.m. at the Middletown American fiscal year. I particularly regret that this comes at a time when most persons in our nation are experiencing some form of income imporvement. While we shall continue to seek means to finance appropriate wage and salary increments, at the present time we have no assurance that necessary financing can be obtained. IN CONCLUSION This is the financial circumstance the University faces--a proposed appropriation of no additional monies which, because of fixed, required, or inflated costs, means a reduction in program. To meet this situation: (1) We are taking all feasible economy steps to meet unavoidable cost increases from within existing University resources; (2) We will make every effort to achieve some financial relief from State sources, which is needed if we are to be able to provide wage or salary increments; and (3) The University will institute a tuition increase at a level which will keep to a minimum the number of students unable to attend the institution by virtue of financial hardship. All of us in the University community are involved in the measures to confront this situation. Each is asked to do this part. The stringent economy measures affect most immediately our faculty and staff. The tuition increase will affect our students, and a further increase is now probably beyond that already proposed. It is probably also that there will be further employee contributions toward the present provisions in health care. The University administration will work actively and constructively with the Legislature and the State administration so that they have a thorough understanding of the facts of our situation and our earnest efforts to meet the problem ourselves. I ask your individual, careful and thoughtful consideration of this situation, and your conscientious cooperation as we endeavor together to meet these circumstances effectively and realistically. Let everyone be assured that within the University what we are able to do we will continue to do well. We intend now, as in the past, to be totally accountable for those funds appropriated to us, and we want our public to have a full understanding of the factors and cooperative attitudes which underlie these decisions and administrative operations. ** * * Legion The XGl's would like to offer their apologies to all those faithful souls who went to the American Legion on Friday, February 23, expecting a Keggar. Due to a misunderstanding between concerned parties, the Keggar could not be held as planned. Once again, sorry for the inconvenience. Having made our mistake for the year, you may rest assured that tomorrow nights Keggar will come off as planned. The WATCHTOWER will provide the entertainment form 9 p.m. till 1 a.m. at the American Legion in Middletown. Come on out and bring a friend. THE CAPITO LIST FRIDAY, MARCH 9, 9 PM -1 AM Entertainment By The 'WATCHTOWER • ONE COMPLETE STEREO SYSTEM • *PAIR OF SMALL ADVENT SPEAKERS* * CASE OF SCOTCH NO. 150 RECORDING TAPE* *7 PAIRS OF KOSS, SONY, & DAVID CLARK HEADPHONES* *SHURE M9IED PHONO CARTRIDGES* *WATTS DELUXE RECORD CARE KIT* *EDITALL TAPE EDITING KIT* FREE REFRESHMENTS * FREE 1840 $lOOO BILLS FREE AUDIO CLINIC 16TH & 17TH BRING YOUR AMPLIFIER, RECEIVER, AND PREAMP - WHILE YOU WATCH, LBR TECHNICIANS WILL MEASURE YOUR EQUIPMENT, AND YOU WILL RECEIVE FREE A LABORATORY GRAPH OF PERFORMANCE. A FIRST COME - FIRST SERVED BASIS METROTEC QUADRAPHONIC DECODER WITH REAR CHANNEL AMPLIFIERS $149.95 FREE WITH ~ DECODER $79.95 PAIR OF CREATIVE SPEAKERS IN WALNUT, WITH 5 YR. WARRANTY - ABSOLUTELY FREE. SPECIALS STORE WIDE *MEET WKBO RADIO STAR - FRED ADAMS* OMASSOCI AUDATEIO 1823 E Chocolate Ave. (Palmdale) Hershey, Pa. Between Burger King and Red Barn Phone 533-4036 Zei‘vre 94sed Sagital--Setaftea teat XGI KEGGAR Middletown American Legion Come Celebrate our First Anniversary March 11th - 14th NOON-9 WEEKDAYS 9-9 SATURDAY FREE STEREO EQUIPMENT COME IN AND REGISTER (DRAWING 3/24/73) - PRtZES INCLUDE - - PLUS - - PLUS - SUPER SPECIAL FIVE TO SELL RECORDING TAPE - PHONO CARTRIDGES COMPLETE SYSTEMS - COMPONENTS ACCESSORIES Page 3 , INC