Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Sept. 30, 1957)
The Doily Nebroskan
Monday, September 30, 1957
II IWll ll"-' 5'
, m . - t "-imr-ri,-r - n ihiIkm i -'
Freshman students Dennis Richters, Judy Laverty, Judy Holmes and Marvin Brugh discuss college
near Memorial Stadium a familiar landmark on the University ca mpus.
Dr. Larson Named:
irst M Actuarial Chair Established
A Chair of Actuarial Science
the calculating of insurance risks
and premium will be established
this fall at the University of Ne
braska. Endowing the Chair will be 18
Nebraska life, accident and sick
ness insurance companies under
the sponsorship of the Nebraska
The proposal, as presented
through the University of Nebras
ka Foundation, was accepted Fri
day afternoon by the University's
Board of Regents.
The Regents also approved the
appointment of Dr. Robert Larson
of Chicago, associate acturary of
the Benefit Association of Railway
Employees, as first occupant ot
Dr. Larson has had a varied ex
perience in teaching actuarial sci
ence, insurant rnmnanv Hnti
flnl npncinn rmciiUiner urrki-k KrfVi t
in the public field and private in
dustry. In 1948, he was instrumental in
establishing the Chair of Actuar
ial Science at the University of
Wisconsin, which he occupied for
six years and during that period
was special consultant on all bills
concerning retirement systems for
the Wisconsin Legislature.
Chancellor Clifford Hardin said
that Dr. Larson also would act as
consultant to the Nebraska Depart
ment of Insurance and to the Ne
braska Legislative Council's com
mittee on retirement plans.
The Chair will be affiliated with
the department of mathematics,
College of Arts and Sciences.
Dean Walter Militzer of the Col
lege of Arts and Sciences called
the new program "a progressive
step forward." He said at present
the University furnishes the pre
requisite courses in mathematics
for students who wish to enter the
actuarial profession, but none of
these touches on those problems
peculiar to the insurance field.
He said without the endowment
the establishment of courses in
actuarial science would not have
occurred for many more years.
Students taking these courses
will mostly be mathematics ma
jors, Dr. Militzer explained. After
the courses have been established
for several years, approximately
10 students a year are expected
to be graduated and qualified to
take the examination for becoming
associates in the Society of Ac
tuaries, Dean Militzer said.
The Society sets the standards
for the profession.
James MacLean of Lincoln, pres
ident of the Nebraska Actuaries
Club, called the newly established
Chair "an important means of at
tracting mathematically inclined
students to the actuarial profes
sion and training them at the
undergraduate and graduate col
lege level for future careers in
the insurance industry."
There are only six or seven such
Chairs in the nation, he said.
At present, he explained, there
are' about 30 trained, qualified ac
tuaries in Nebraska. And, he
added, the Nebraska industry
could absorb about double that
number at this time.
"Many of our good strong in
surance companies have been
hampered in their growth and de
velopment by the lack of actuaries
who are vital in the complexities
of modern business," he said.
He listed these reasons for the
shortage of actuaries:
1. The normal supply of stu
dents has diminished because of
de-emphasis in mathematics in
the primary and secondary
2. The normal supply also is
being invaded by other industries.
The Outside World:
eamsters Slate Election
An appeals court ruled the Teamsters can hold their union elec
tion as scheduled, but warned them that convention delegates must
be seated in accordance with the union constitution.
This action iaken last Saturday by the U.S. Circuit Court for the
District of Columbia reversed the earlier ruling made by Federal
Judge F. Dickinson Letts. Judge Letts had set down a court ruling
to block the election at Miami Beach on the plea that union bosses,
with the aid of criminal elements, had rigged the ballotting. James
K. Hoffa, it was claimed, had the election sewed up with fixed ballots.
The court of appeals action held that Letts had "gone beyond the
necessities of the situation."
Closing the school or taking the White House to court are the
only two avenues left open to Gov. Faubus or so he said in Little
Rock on Sunday. "It would be a very pleasant development," he
He went on to say he might seek state legislative authority to close
the school. Or, he might try to shackle President Eisenhower with
a federal court injunction against the use of federal troops who have
kept the school open to a handful of Negro students.
Still unchanged is the situation posing an education problem for
the high school students in Little Rock.
The Nebraska Press Photographers .Van. and the Omaha Press
Club will choose Miss Nebraska Press Photographer, according to
John S. Savage, president of the two groups.
The contest winner will be revealed at the Omaha Press Club ball
Oct. 26. She will go to Minneapolis to compete in the National Press
Photographers contest in May.
Class In Dump
University of Oklahoma is now holding one of its classes in a
garbage dump. The class, a laboratory session, is in public health
George Ried, associate professor of civil engineers and sanitary
cience, explained that the students also poke their noses into water
wells, motels and dairy stalls. He said that this practical field train
ing was the best way to give students a knowledge of public health
3. The iasurance Industry needs
more actuarilly trained people.
The Chair's first occupant, 40
year-old Dr. Larson, received his
Bachelor of Arts from University
of Wisconsin, his Master of Arts
in mathematics from the Univer
sity of California, and his Doctor
of Philosophy degree in commerce
from the University of Wisconsin
in 1951. He is a Fellow of the
Society of Actuaries.
His appointment is effective
Sept. 1 and his rank will be pro
fessor of actuarial science.
Those contributing to the endow
ment of the chair are: Bankers
Life Insurance Company of Ne
braska, Central National Life In
surance Company, Central States
Health and Accident Association,
Nebraska Department of Insur
ance, Guarantee Mutual Life Com
pany, Lincoln Liberty Life Insur
Lincoln Mutual Life Iasurance
Company, Lincoln Benefit Life In
surance Company, Midwest Life
Insurance Company, Mutual Bene
fit Health and Accident Associa
tion, Nebraska National Life In
surance Company, Security Mu
tual Life Insurance Company, State
Farm Life Insurance Company.
Union National Life Insurance
Company, United Benefit Life In
surance Company, Woodman c
cident and Life Company, Wood
men Circle, Supreme Forest, Wood
men of the World Life Insurance
Society, and the World Insurance
Courtesy Lincoln Journal
life in front of the stone columns
The National Poetry Association
has announced the deadlines for
submission of poems for possible
inclusion in two poetry anthologies.
Original poems by students for
inclusion in the next edition of the
College Students Poetry Anthology
must be submitted by Nov. 5.
The deadline for submission of
verse by teachsrs and librarians
to the National Teachers Anthol
ogy will be Jan. I, 1958.
Any student attending college is
eligible to submit his verse for in
clusion in the student anthology.
There is no limitation as to form
or theme, but shorter works are
preferred, the association an
nounced. There are no Tees or charges
for either acceptance or submis
sion of verse. Each poem must
be typed or printed on a separate
sheet, and must bear the name
and home address of the students
as well as the name of the college
Manuscripts should be sent to
the offices of the Association, Na
tional Poetry Association, 3210 Sel
by Avenue, Los Angeles, 34, Calif.
The new KNUS has announced
a change in their air time, accord
ing to Bob Wirz, new Promotion
director for the campus station
The station will now "take air"
two hours later than usual be
cause of the use of the equipment
for laboratory assignments. Pro
gram Director Chuck Patrick also
feels the new time segment will
help to pick up more listeners in
the evening hours.
Negotiations are also set this
week on the possibility of using
Program Service as a means for
getting the station into the organ
ized houses on the campus.
THE NEW KNUS
4:00 Spins and Needles
4:55 Knus Radio News
5:00 Spins and Needles
5:30 Five Star Deadline
6:55 Knus Radio News
7:00 Sports Picture
7:15 Campus Record Room
7:55 Knus Radio News
8:00 Campus Record Room
8:55 Knus Radio News
9:00 Campus Record Room
9:45 Final Report of the Day
10:00 Sign Off.
The annual smoker of Co. A-2
of the National Society of Pershing
Rifles has been postponed because
of difficulty in securing the film,
"The Highest Ideals".
The smoker will be held Thurs
day at 7:30 p.m. in the Military
and Naval Science Building.
The smoker is planned in order
to acquaint basic cadets with the
organization and the contributions
Pershing Rifles make to ROTC
Free cigarettes and refresh
ments will be furnished. All basic
ROTC cadets may attend.
Ag Coffee Hour
The Ag Union will hold an organ
izational coffee hour, Monday be
tween 4 and 5 p.m. in the Main
Lounge of the Activities Building.
Two officers and an advisor from
each organization on Ag Campus
and the housemother and two of
ficers from each organized house
on Ag have been invited to attend.
The event is sponsored by the
Ag Union Hospitality Committee.
Marilyn Jensen is chairman of the
Marjorie Johnston, assistant
Dean of Women, presents scholar
ships to University students (left to
right) Marvin Keller, Den Epp,
and Ronald Smith..
Keller and Epp were among the
top freshman students receiving
General Motors scholarships rang
ing in value from $200 to $1,300 per
year. Smith, a senior in the col
lege of Engineering and AThitec
ture, received a $750 Goodyear
THE MIDDY LOOK
A coffee hour for two officers
and an advisor from each organi
zation on Ag Campus will be held
at 4 p.m. today at the Ag Union.
The housemothers and two of
ficers from each organized Ag
house have also been invited to
attend. The event is being spon
sored by the Ag Union Hospitality
Committee with Marilyn Jensen
1 1 ":i . : &
V, 1 J
Alpha Xi Delta
on our College
Board, has a pref
erence for plaids,
pleats and middies,
coordinated here by
Junior House for '58
2 Pc. Set, $25
COED SPORTSHOP- FIRST FLOOR
Students interested in studying
abroad during the academic year
1958-1059 have until Oct. 31 to ap
ply for the Fulbright Scholarships
or until Oct. 4 for Rhodes Scholar
ships, according to Walter Wright,
The requirements for those wish-1
ing to apply for the Rhodes Scho
larship at Oxford University are as
1. Applicant must be a male
citizen of the U.S. with at least 5
2. Be oetween the ages of 19 and
25 on October, 1958 or have had
at least 90 days of active service
in the Armed Forces since June
3. Have at least Junior standing
at some recognized degree grant
ing college or University of the I
4. Received official endorsement i
of his coilcge or university. j
Each scholarship is worth $1,
630 per year. Candidates may ap
ply in either their home state or in
the state where they received their
Application blanks may be ob
tained from Dean Wright, 204
Burnett, before Oct. 4.
Those wishing to apply for Ful
bright grants have until Oct. 31
and must have the following re
quirements: 1. Must be U.S. citizen preferably
under 35 years of age and must
hold a bachelors degree by Sept.
2. Applicant must have a know
ledge of the country in which he
wishes to work.
Application forms for Fulbright
grants may be obtained in the
Graduate College Office, Room 111,
Social Sciences Hall.
Feelm' blue? Need money, too?
Students, we've get news for you!
( o fY lojfo re c k
WHAT IS A NASTY ROBOT?
WHAT IS THE EARTH?
Ag Union Workers
The Ag Union activities workers
will hold a special meeting Thurs
day from 5:30 to 7 p.m.
The meeting, whkh will include
a buffet supper, orientation period
and entertainment, will be held in
the Ag Union T.V. Lounge.
The program and meeting is held
tinder the direction of the Ag Un
ion publicity committee, headed by
Christ iano's 2
An Amazing New Sandwich
TRY IT TONIGHT! !
Ask about it at our
Newest Store 4811 Holdrege
L4U I L
f 1 ,11 ' !
WHAT IS A BRAMBLE BUSH?
Arkansas State Teachers Coll.
Send yours in ond
MOST POPULAR GAME that ever went to col
lege that's Sticklers! Just write a simple riddle
and a tw(vword rhyming answer. For example:
What's a big cat shot full of holes? (Answer
peppered leopard.) Both words must have the
same number of syllables-bleak freak, fluent
truant, vinery finery. Send Sticklers, with your
name, address, college and class to Happy-Joe-Lucky,
Box 67A, Mt. Vernon, N. Y. Don't do
drawings! We'll pay $25 for every Stickler we
use in our ads-and for hundreds that never see
print. While you're Stickling, light up a light
smoke-light up a Lucky. You'll say it's the
best-tasting cigarette you ever smoked!
LIGHT UP A
MgM SMOKE LIGHT UP A LUCKY!
A. T. Cm.
Powered by Open ONI