Collegian
notes
A pizza party and a demon
stration on making Ukrainian
Easter eggs will follow the
5:05 p.m. Mass tonight in
Eisenhower Chapel lounge.
There will be a coffeehouse
featuring folk music with Al
Morgan, John Messenger and
others from 8 p.m. to midnight
tonight in Irvin lounge.
Bih s al Fireside will have an
informal discussion con
cerning' the Baha'i faith at 8
tonight in 317 Boucke.
Campus 4-H Club will hold a
free square dance at 8 tonight
in the HUB Ballroom.
Michael E. Powell
(graduate-music) will per
form a trombone recital at
8:30 tonight in Music Building
recital hall.—._.
Entries for coed softball
teams will be taken until
4:30 p.m. Monday in the Intra
mural Building. Five men and
five women are needed to
FRIENDS
DON'T LET
FRIENDS
DRIVE DRUNK.
ror free Information. write to:
DRUNK DRIVER. Box 2345
Rock, tile. Maryland 20852
a 0
silly
sign up a team. Call 865-9202
for information
There will be 15-minute
power interruptions between
8:30 a.m. and 4:30 p.m. Mon
day to work on the University
electrical system. South,
Pollock, McElwain, Simmons
and Atherton Halls, and White
Building will be affected.
Players and spectators are
invited to an air hockey tour
nament at noon Saturday at
the Nittany Mall.
The Free U Dancenastics
course has been cancelled for
Spring Term.
Free U co-ed softball will
have an organizational
meeting at 2 p.m. Saturday in
225 HUB. Bring glove if
weather perMits.
• The 4th Annual Penn State
liSrate Open will be held at 7
.p.m. Saturday in Rec Hall
south gym.
Wilmer Faust, Harrisburg
city planner . and Marianne
Faust, Harrisburg coun
cilman, will address the Man-
Environment Relations
seminar at 9:30 a.m. Saturday
in S-131 Human Development
Discussion will follow.
The Free U Spring
Children's Film Festival will
be held at 1:30 p.m..Saturday
in 316 and 317 HUB.
The Ultimate Frisbee Team
will play against Rutgers
University at 2 p.m. Saturday
on the astroturf field. Practice
is at 5 p.m. tonight.
Women in Communications,
Inc. will meet at 3 p.m. Sun
day in 225 HUB.
Volunteers are invited to an
organizational meeting for the
Area II Special Olympics at 7
p.m. Sunday in the Rec Hall
fencing room.
The Undergraduate Student
Government Supreme Court
will hold hearings for the En
vironmental Resource
Management Club, OTIS,
Penn State International
Relations Organization, and
Lambda Alpha Epsilon frater
nity at 7:30 p.m. Sunday in 227
HUB.
Rev. Richard Weston 'will
discuss "Fat and Sassy Senate
Bill I," at the Unitarian
Universalist Fellowship ser
vice at 10:30 a.m. Sunday at
709 W. Ridge Ave.
The Student • Nurses
Association will meet at 7 p.m.
Sunday in the Living Center of
Human Development. Chuck
Rinear will speak on rape and
child abuse.
The International Soccer
Club will practice at 10 a.m.
Sunday on the astroturf field.
The Peer Contraceptive
Education Program will hold
a presentation 8 p.m. Sunday
in Thompson lounge.
Henry H. Mitchell, director
of the Ecumenical Center for
Black Church Studies 'in Los
Angeles will speak on "The
Revolution that Transcends,"
at the University Chapel Ser
vices 11 a.m. Sunday in
Eisenhower Chapel.
Food Service and Housing
Administration 410 presents a
tribute to Catherine de Medici,
an early French banquet, at
5:30 p.m. April 8 in the Maple
Room of Human Develop
ment. Call 865-7441 for reser
vations.
~„.
Sunshine
220 S. Fraser
(across from the post office)
State says bank
HARRISBURG AP) An
investigation ordered by
Pennsylvania Gov. Milton
Shapp has charged that
Mellon Bank of Pittsburgh
misused state funds it con
trolled, costing the state $3.1
million in lost interest.
In a statement for release
today, Shapp said Mellon's
actions have cost taxpayers
millions of dollars in in
creased expenses for school
construction.
He called for the bank to
resign as trustee of the
UC protest postponed
•Regardless of the weather,
University Coalition will
demonstrate against rising
tuition Tuesday. "Rain or
shine, come hell or high
water, we're going to march,"
Bob Ross said at the Coalition
meeting last night.
Ross criticized the Coalition
tor postponing demon
strations because of the
weather. "People were
waiting for a demonstration,"
Ross said. He added that
since people picketed in the
Pennsylvania School Building
Authority and the Higher
Education Facilities Authori
ty. Shapp is president of the
authorities.
The bank controls revenue
from bond issues for the two
authorities. It invests the
funds until they are needed to
pay for school building
construction.
Bank officials, who knew
about the pending report,
issued a statement last night
denying the allegations.
The preliminary report,
rain, a rally also should have
been held..
The planned meeting with
the legislature this Monday
also was cancelled. "I think
we have more important
things to do right now," Ross
said.
A petition that was to be
presented to the legislature
was not ready because of the
rally cancellations. The
petition asks the legislature to
freeze University ap
propriations until its financial
records are made public.
The Daily Collegian Friday, April 2, 1976
misused funds
based on a year-long in
vestigation, said the bank
violated federal antitrust and
antifraud regulations. The
report urged the authority to
take court action:
to recover $5.9 million in
lost interest and damages.
The state contends it's en
titled to triple damages on
$1.4 million of the lost in
terest:
to remove Mellon as
trustee.
"The bank has used its
special relationship with the
Commonwealth for its own
enrichment rather than for
the benefit of Pennsylvania
citizens," the governor said.
Read The Collegian
During the 16 years it has
served as trustee, the bank
has received more than $lO
million in fees, Shapp said.
The report also charged
that Mellon:
Paid higher interest
rates to some of its other
certificates of customers for
CD's issued at the same time
as CD's sold tahe authorities.
—Computed interest in
such a way that the authority
was not paid fully for the life
of the CD's.
Allowed the authrorities'
money to remain in nonin
terest accounts for long
periods of time.