Drake University - Quax Yearbook (Des Moines, IA)

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. 4-5. Twmzty-fam-Qi - i 4 I P 4 A Yf' ' A 1mz'7Jc1'sity is a M1lZ.'U6'7'S6,, cm cicademicr 'lliI1I'Z'l'l'.Yt' The bodies which inhabit these celestial spaces admit of an interesting analogy. There are bright suns and dim stars, major planets and many asteroids, glowing giants, and ruddy dwarfs, eclipsing binaries and variable cepheids, obsequious satellites shining by reflected light, and erratic transitory comets command- ing the horizon as they pass. Q The Quax is a treatise on the unsolved problems of this cosmogony. It presents catalogues, descriptions, characteristics and habits. It predicts eclipses and occultations, phases and apparitions. lt calculates with unerring accuracy perturbations and configurations. ll is the almagest of its century. D. VV. BTURRIIOUSIC.

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Finance AS cz Mechanz'c , OILLEGE and university finance has a peculiar and individual place in the realm 'of finance. Few other enterprises have the high ideals and unselfish motives of the col- lege and university. All business is based on bartering and selling for r profit. The university not only does not make a profit on its transactions but makes a contribution to each of its patrons in that the intangible commod- ity it sells costs more than is paid for it. Sums that have been secured from in- come or endowment and from gifts of F- L- TURBY friends and alumni that would repre- V sent a very satisfactory profit in any I business of like size are annually added to the tuition income of the university in order to'make it possible toioperate without a deficit. Education is idealistic and so is university and college finance. I have likened the comparison of the college or university to an electric light plant. The graduates and students represent the current that goes out over the wires to enlighten and illuminate the minds of others. The faculty represents the dynamo that furnishes the energy and that indescribable something that is electricity, the finance department, and its many branches, the stokers and mechanics that convert the sordid coal into steam that makes the rest of the plan possible. Ours is but a humble place in the plan, but a necessary one, and we are all working toward the same ideals. We are crusaders bearing an equal share in the work for the common good. Another successful year is drawing to a close. Many have been the attain- ments to spur us on to greater endeavor. A new objective has been attained in our endowment crusade, resulting in an increase of almost one-half a million in our endowments. In this work we have only begun and under the leadership of President Morehouse and Mr. E. C. Lytton, our business manager, other objec- tives are to be attained. Twenty flu rc

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KGZZPQQ Types pf Business Men N A survey of the business field we can distinguish three types of business men. The first and spec- tacular class comprises outstanding Hgures of fabulously wealthy oil mag-- nates or steel manufacturers, who struggled fiercely and relentlessly year after year until they amassed great personal fortunes. And then they turned to philanthropy as the pursuit of their senile years. In the second group are the men who take their business seriously and feel it ia flagrant error to mix any social pleasure with the grim pursuit ofvwealth and com- mercial success. Out of business hours they may be the jolly good fellow, open-handed to their church, devoted to an agreeable golf foursome. But never would they combine the lighter hours with the solemnity of office hours. DEAN ISIOFFMAN And last is the great group in which we find the average American business man, the business man who does not take his office work too seriously or his social hours too light-heartedly. He is the man who mixes business with pleasure and pleasure with business and has the best, all-rounded career when the last books are balanced. In the Commerce College we are endeavoring to fit our young men for useful careers as business men and citizens in the last-named group. We want them to realize that no ultimate happiness is obtained by a grim, tight-lipped struggle for money and then a last-minute conversion to philanthropy to make up for an empty life. Neither do we want them to be business men of the second type, menlwho scrupulously avoid mixing business and pleasure. We know that only in the third group will they find happiness and satisfaction both materially and aesthetically. Our class instructions and text books all point out that the -happiest business man is the one who earns his money honestly and not by stepping on underlings, who. has time to cultivate his aesthetic side and enjoy paintings and books and music, who helps the other fellow along. No true pride and happiness can .come to the greedy business man who climbs on the necks of unfortunate competitors and then flings money in the face of the poor or the church or education and calls it philanthropy. Honesty, sincerity, an earnest desire to enjoy life sanely and gain a rightfully- earned place in the business world, is the goal we set the young men who enter our Commerce College. Twenty five