University of Nebraska Lincoln - Cornhusker Yearbook (Lincoln, NE)

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m: M. mi Belta Cf)i PROFESSIOXAL PHARMACEUTICAL Founded at University of Michigan, i88j 1 Tschauner Tate Pickering Schafer Osborne Brinkman Geo. Thompson H. L. Thompson Lyman Avery Frankforter McDowell MEMBERS IN CITY Raymond Bauer Everett James Frank Cocklin A. V. Pease N. P. Hansen H. F. Worth man MEMBERS IN FACULTY Chancellor S. Avery Dr. R. A. Lyman Capt. C. J. Frankforter Prof. H. L. Thompson MEMBERS IN UNIVERSITY Fred E. Brinkman H. Ray Lewton James A. Osborne E. Reed Oakley C. R. Carlson Merritt Russell Guy E. Tate George E. Thompson Millard F. Schafer Herman Jensen Floyd Pickering Ralph Tschauner Leo Tighe Phi Delta Chi is the oldest professional pharmaceutical fraternity in the United States. Only under-graduate students of pharmacy and chemistry are eligible. Its purpose is to raise the ideals and standards of pharmacy and chemistry by scholarship and co-operation and to promote good fellowship. Its influence is most widely felt in the activities of the alumni through legislation for better pharmacy. —171—

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- Kr 1910 ; I CotSkSskori DEAN LE ROSSIGNOL Dean of the College of Business Administration College of Puginegg airminigtration The School of Commerce, which was first organized in the year 1913, has grown up under the wing of the College of Arts and Sciences, but lately it has become an independent professional college, of co-ordi- nate rank with the colleges of Arts, Law, Medicine, Engineering, Agriculture, Pharm- acy and Dentistry. This change will be of advantage to higher business training in many ways, and it is safe to prophesy that the new college will always be closely associated with the Arts College because of the fact that the business world needs men of liberal education as well as technical training. As heretofore the work in general eco- nomics will be the backbone of the course in business administration. While not less theo- retical than formerly, it will become more practical, and the inseparable connection which should subsist between theory and practice will be more closely perceived. Accountancy, of course, will retain its primacy among the more strictly professional courses, not only because it gives the student an insight into the inner workings of the business machine, but because it leads directly to the profession of public accountancy. Of almost equal value are the courses in business organization and management, mar- keting, salesmanship and advertising. It used to be thought that these subjects could be learned only in the factory, the shop, or the office; but now it is well established that they may be taught in schools, if only the right sort of teachers can be found. This problem has been solved by schools of law, medicine and engineering, and the higher schools of busi- ness are working out their own solution in a very satisfactory way. The work in insurance is to be improved by the addition of courses in actuarial mathe- matics. In the new building there will be a statistical laboratory, equipped with calculating machines, which will make it possible to do very satisfactory work in the mathematics of insurance, as well as in the courses of statistics. The tine service which the College of Agriculture has rendered to the farmers of Nebraska suggests by analogy that the College of Business Administration might stand in a similar relation to the business men of the state by investigating the many problems that con- front them, and by extension work of various kinds. Both faculty and students might en- gage in work of research, which, like the study of plant and animal pathology carried on by the College of Agriculture, might easily return to the people of the state many times the cost. Before the beginning of the coming ac ademic year the School of Commerce will be established in its new quarters on the third floor of the Hall of Social Sciences. There will be offices for all the members of the faculty, splendid class rooms, a seminar room for advanced students, a commerce museum, a statistical laboratory, and the finest accountancy laboratory that has ever been seen. There will be plenty of room for all the students who may come, and both students and faculty will work together to make their ideals and standards worthy of the new building and of the state. If this is done, the University of Nebraska will have one of the best colleges of Business in the country. James Edward LeRossignol, (a li -172-