VOL. VII, NO.5
PUBLISHED
Fing'l7ong
Professor (;hance On Rhodes Ccmmlf+ee
Davenport Defends Depletion Allowances
Professor William Chance will be on the seyen-member Rhodes Scholarship Selection Committee which will meet on campus: December 13 and 14 to. choose two Montana boys to compete in the District B selection of Rhodes, Scholars to Oxford' University. The five Montana applicants for the Rhodes Scholarships are Darry Jacobson, Gary Crane. and Ronald Tinnermeier from Montana State College, and James, Polk and Paul Ulrich from Montana, State University. In each state there is a Commit. tee' of Selection which may nominate two. candidates to appear beflore a District Committee, which represents seven or eight states each. Not more thalli four men are then chosen from the Disorict to represent their states as Rhodes Scholars at Oxford. Thirtytwo' Scholarships are assigned annually to the United States.)
The regular December meeting of the Anderson-Carlisle Society, Silver Bells rang out at MSM the student branch of .the A.I.M.Thursday evening, December IS, M.E., was held on Wednesday. evefrom 9 to 12 o'clock, when the ning, December 7, at 7:310 p.m. in freshman class sponsored- the anthe Copper Lounge. After a short nual Ohristmas formal. Music for business session, Pete Gross Intro- this gala occasion was furnished by the Townsmen. . duced the guest speaker, Mr, E, A. The Copper Lounge was decoraDavenport, Division Production ted, by a large sdlven bell, the traChristmas tree, snow Manager of the Shell Oil Company ditional in Billings. Mr. Davenport is also flakes, and pine boughs. Yule logs State Vice-Chairman for the Mon- burning in the fireplace added to . tana Petroleum Association and is the atmosphere. The officers of the freshman a member of the Executive Committee of the Rocky Mountain Oil class were Jim Malkovieh, president, George ,Sever, vice-president, and Gas Association. and Bernadette Bwks" secretaryMr. Davenport discussed miner- treasurer. al depletion allowances and strongThe decoration committee headly criticized members af the min- ed by Bill Krier consisted of Amy eral extractive industries for fail- Jacobson, Be1JtyPryor, Ann Perry, ure to adequately defend the industry position on minera1 depletion allowances, which have been consistently under attack in Congress. He stated that "ignorance of fact on the part of our own people and failure to adequately educate our employees in this regard is the cause for irresponsible, biased, and unjustified attacks that tlie mineral extractive industries -is being subjected to on depletion allowances." ,
Faddles And Fools $21 worth-that's a lot of ping pong balls! And you can quote Michael Maddocks, manager of the Copper Lounge, on the s~b_' iect. But the little white spheres are fragile and are subject to a certain high rate of replacement. However, ping pong paddles and Pool cues are made of sterner stuff, and this is a source of concern to Manager Maddocks. He doesn't understand why, or how, 13 paddles and }2 cues could have gotten broken already in the first three months of the: school term. Can there be so many wrestlers on the campus of such a technical institution as the Montana School of Mines? With about $115 Worth of ping pong paddles and $20' worth of pool cues needing replacement already this year, a, strain is put on the Copper Lounge budget. Neither the building fees Paid by the students, nor the proceeds from the lunch counter can be stretched to cover a disproportionate amount of breakage in the recreation center. . In view of the easy availability of this equipment to the students, the decent thing would be for anyone breaking an item to report same to Mike, and fork over the replacelinent fee. Either item runs between one and two dollars in cost, which wouldn't break anybody, but might induc,e him to try
BY THE ASSOCIATED
gentler ping pong, or milder pool in the future. If just the tip is lost from a poor cue, the cue can be repaired easily. Oh, yes, students, just one ~ore thing--those no-host tete-a-tetes at the low coffee tables at the fireplace end of the lounge. Since there is no host or hostess, will each person clean up his own spot and throwaway his own paper dishes, thus leaving an appetizing area for the next group who wants to use the table. There are no complaints about the high tables. Apparently the eat and run crowd is neater.'
Coming Events JANUARY6-Basketball,
Western, there
9-International
Club, Copper Lounge, 8 p.m. /
ll-Student
Wives' Meeting, Coed room, 8 p.m.
14-Basketball, Northern, there 16-Student
Wives' Bridge Club, Coed room, 8 p.m.
20-Basketball,
Northern, HERE
21-Basketball,
Carroll, there
25-Basketball,
Western, HERE
26-Montana Section AIME, Physics Lecture room, Pet. Bldg., 7:30 p.m.
STUDENTS
OF THE MONTANA SCHOOL OF MINES
Friday, December 16, 1960
Silver Bells Formal Ends Xmas Festivies
Charlene Sivalon, Marie Stefanich, Sharon Breen, Karl Keup, Bernadette Burke, Susan Hayes, JoAnn Kriskovich, Sandy Mannix, Janet Richardson, Pat Stephens" Gloria Stratton and Marie Sullivan. Before the dance, starting art; 8 o'clock,a Christmas, carol sing' was held, sponsored jointly by the International Club andthe Glee Club.
AE(; Makes Numerous Grants for Equipmen+ The Atomic Energy Commission has approved grants totaling $1,547,15 38 to 1:13 educational institutions for the purchase of laboratory equipment needed to initiate (Continued on Page 4) 1
Scoring those who refer to the depletion allowance as a "tax loophole," Davenport stated, "Politicians and those who for selfish motives refer to the depletion allowance as a 'tax loophole' are lying by deliberate misrepresentation of fact, It is a deliberate attempt to poison the- public mind against the mineral industries. The depletion allowance 'is no more a 'tax loophole' than the personal exemption, or the deduction allowed all business for necessary expenses in calculating income." He stated that there are different tax depletion allowances for the various extractive industries but that these are too low and shou1d be restudied and increased to offset the increased exploration and other costs of the industry 'in general. After his interesting presentation, Mr. Davenport answered individual questions pertaining to the 'depletion allowances. The meeting then adjourned to the Sharon Breen and Bill Krier decorating snack bar for refreshments. Christmas Dance, December 15.
(
for the Freshmen
sponsored