Word: doermann
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...Humphrey Doermann '47, Assistant to Dean Dunlop, said, "Our financial problems are similar in kind to other universities' but we have a year or two more of insulation before our problems hit in full force," He said that Arts and Sciences deficits are paid for by a small account kept at $500,000, and a larger account, the Fund for Instruction, which is currently over $8 million. The Fund was built up in the early 1960's when there were budget surpluses...
...these two sources ran dry, Doermann said, the Arts and Sciences Faculty would have to use the principal of its endowment, which now yields more than $2 million annually in interest...
...Doermann also stated that he expected College tuition to rise again next year, above the current $2600, to keep pace with further inflation...
Dunlop did not appear at the rally, but Humphrey Doermann, assistant to the Dean for Financial Affairs, read a statement from him. Doermann said Dunlop was in Richmond, Virginia, at an alumni gathering...
...After Doermann's talk, Lowry Hemphill '72 took the microphone and said, "What we have to do now is fight back against the bosses in this University." She exhorted the crowd to form a "militant picket line" around University Hall About 50 people moved over to University Hall and stood on the steps chanting "Get some feathers, get some...