University of Maine at Portland - Reflection / Umpire Yearbook (Portland, ME)

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PORTLAND UNIVERSITY Qiatntg nf 09w: mullege Portland University was urganixed August 21. 1921. as :1 result of the eco- nomir: law of supply and demand. It was through the eme-ls oi Earle El. Cunning- ham. :1 iota! Certified Public :kcountant. that the University was made possible. I'Juring the two years prior to 1921. M 1'. UNIVERSITY BUILDI NG Cunningham harl conducted evening classes in Accounting and allied business subjects. for the benefit of a number of young men and women who were em- ployed days in various business afEces 0f the city. and who wanted to secure ad- vanced training in these subjects. -.--. --I-

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5.45.59 .g..:..:. .3..:..:..;..:..:..:..:u:..:. .g. .g..;..:..:..:..;..;..:..;..;. .g..;. .g..;. .;..:. .1..:..:..;. .;..;. .3..;. .1..;. .:. .;..;..;..:..;..:..;..;..;. .;n;..;..;..:..:,.;..:..;..:. :E: 3H - g; Published by the Debating Associatiou, Portland University :E: 33 .5. e. -:- o? ?- 31 VOL. 111 YEAR BOOK 1925 N0. 1 et- .:. 3: :9: .2. '? 2;. 3; g: EDITORIAL BOARD 2;: :3: I: -E- 5: 1E: Editor-in-Chief .g. f RALPH F. BLOOD :5: 4: 2:1 :3: Assistant Editor :3: :1: 4' RALPH HEFLER 3; .2. :3: Faculty Adviser 3;: '5 PROF. ERNEST M. HALL 2?: o o p' :v .;.. 3;; Associate Editors is 333 PIERRE A. BELANGER 3 IE LEONORA MARSHALL g HAZEL WELCH E; 333 '3; IE: Business Manager 5: 5:3 STEPHEN H. LARRABEE :3: 3 4'. 3; .g. 3?; Advertising Manager :i: .t. .1 EARL McCR ELLIS 3;; v 4.. E: Assistanls 3: F. 0:. :3: ROY DAY 3; 5;; JOHN LEMAY g: :5: iii .3 .3. '3; t. 3; n '50: . :M:u:u:u:w:oo:of,u:n:vaczo0:0Q..:d:n:..'n'oo'cfu.u u:u:n:uzo .:h.:u:u:u:n:u:u:u:n' :anzufo'o-du-u:nr.u:u:u:own :u:u:..:u:a:a$:n:- -:-

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PUVIAN I925 5 The great interest taken in these classes by the young men and wemen of the city, and the demand for a more varied program of subjects, pwmpted Mr. Cunningham to make a survey of the Educational needs of the city and state for higher training in business. As none 01' the Maine colleges oii'eretl courses in Business Administration or Accounting, catalogs of a number of out- of-state universities conducting colleges of Business Adu'linistration were secured for analysis as to the number of Maine students seeking advanced training in business. It was iound that hundreds of young men and women were going out of the state each year to get a college grade etl- mention in business. In one institution alone. more Maine students were regis- tered than from any other state in the Union except the home state of the Uni- versity. The following news item ap- pearing in one of our local papers well bears out this point: MAINE LEADS 1N BOSTON UNIVERSITY Once again the State of Maine is in tin: lead at Boston University. Colicg'e of Russia ness Administration, contrilzuting more fresh- men to that institution than any miter state 'm the Uninn. excepting Massachusetts. Accord- ing to Charles Ii. Hatttm. director til freshmen at the college. this is the sixth consecutive year Maine has led. Not only have there heeu a great many young men and women going out of the state each year for this advanced training in business, but there have been hundreds of others who wanted the training but who could not afford to go out of the state to get it. It was for these two gen- eral classes of young men and women that Portland University was instituted. It has been the Slogan of the state llTn Keep Maine 50115 and Maine Money in Maine . That is just what Portland University is organized to do. The hun- dreds 0f young men and women who have been gaing out of the state each year fm- a college grade education in business, have taken a lot of money out of the state for tuition. board, room, clothing, amuse- ment. and other items; an economic loss to the state. Not only do we suffer this monetary loss, hut in many casea these young men and Women make acquaint- ances out of the state. and on graduating, are often placed out of the state, so we lose these young men and women as well. Portland University was not organized for commercial gain 01' profit. It was nrganized with an honest and sincere de- sire to he a service institution, and the urgauizers have voluntarily cut them- selves off from the sharing of any profit that might accrue as a result 01' the opera- tinns 0f the University. Any surplus earnings, over operating expenses, must he ttsetl for the further development of the institution. At the last annual husiness meeting of the University Earle H. Cunningham. Ralph E. Cunningham. and j. William Stuart. who have held practically all of the stock representing the investment in the institution donated the same to the Alumni who now become the real owners of the University. This was clone as evi- dence of good faith that the institution was not organized for profit. The Alumni. hereafter. at each annual meet- ing. will elect a Board of Trustees who will have entire management of the insti- tution. It will be their aim and policy to select big business men and educators of the state for members oi this board.