Word: debt
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Dates: during 1900-1909
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Analysed as follows: Sinking fund and interest on debt (estimated) 11 34 Interest on advances 05 06 Service 106 113 Coal 12 15 Repairs 09 00 All other expenses, including provisions in general board...
Owing partly to the withdrawal of the sum of $250, which had been given annually for several years by a graduate, the University debating council completes the year about $300 in debt. A committee composed of A. A. Ballantine 1L., A. C. Blagden '06 and M. C. Leckner '07 was appointed to arrange for the payment of this debt and a part of the money has already been subscribed. The committee has planned to make the expenses of conducting debates less next year...
Various suggestions have been made as to how we can best eat our cake, and have it too, that is to say spend more and ask for less. The most obvious of these is "for the debts to be paid off more gradually and "for the improvements to be made under borrowed money, if necessary." This proposal to lay our burdens on the future, will hardly appeal to any one who believes in a conservative management of our finances. If our present debt were to be spread over ten years, it would at that rate, take twenty years or more...
...surplus and the fact that the tendency has been to reduce this item of expense to members of the University one looks in vain for some justification for the Athletic Committee's action in imposing this additional tax. We all know there is a heavy debt on the Stadium, but the $20,000 surplus would seem to indicate that we are doing our fair share towards removing that debt. As it is only reasonable to suppose that the University will last several years in the future, why not allow our successors to bear a part of the burden...
...very closely since graduation. My opinions must therefore be snap but you are welcome to them. The Stadium at the time it was built seemed to me to be a premium on the commercial in athletics and still seem so. However, you have got it now and also its debt. My suggestion about the $70,000 debt is to spread it over a longer period, say about ten years, making payments of $7,000 each year...