Wednesday, november 19, 1980
daily nebraskan
page 3
Libraries cancel 7 88 magazines , newspapers
By Pat Carraher
A number of magazine and newspaper
subscriptions have been canceled to meet
the 1980-81 budget, said UNL Dean of
Libraries Gerlad Rudolph.
Rudolph said 788 titles have been
canceled. He said that his department first
realized the need for the cancelations early
last summer.
"When we looked at the budget back in
June, and we saw what our expected
expenditures were for 1980-81, and we saw
the amount of money we'd be getting, it
was apparent that our expenditures were
for 1980-81, and we saw the amount of
money we'd be getting, it was apparent
that our expenditures were too much for
the year," Rudolph said.
According to Rudolph, the selection of
which titles to cancel was done very care
fully, and allowed for students and faculty
to voice their opinions.
"Originally, we had 986 titles which we
thought we could possibly cancel," he said.
"Then we sent a list, with all 986 titles on
it, to each academic department, to ASUN,
and to the Faculty Senate Executive Com
mittee and the Faculty Senate Library
Committee."
Rudolph said the library department re
ceived requests not to cancel 227 sub
scriptions of the 986. Most of those 227
were then put back on the subscription list,
Rudolph said. He also said that some of the
canceled subscriptions were duplicate
titles. "Of the 788 that we finally canceled,
J) were duplicates, 481 were singles, or
unique titles. The other 16 were news
papers," he said.
Rudolph said the cutbacks were intend
ed to reduce expenses by $150,000.
Originally, he said, magazine and news
paper cutbacks were intended to save
$100,000, and cutbacks on books were in
tended to save $50,000. However, Rudolph
said that the university recently granted
the library department $50,000.
The process of book cutbacks is going
on now, and according to Rudolph's esti
mate, it will save around $20,000. He said
the magazine and newspaper cutbacks
should save nearly $80,000. He said the
situation looks good, at least for now."
"I think I'm able to say at this point,
that we've reduced all we need to. Of
course in January we're going to have to
look again, and next spring we'll see what
the legislature appropriates to the univer
sity," Rudolph said.
Rudolph said he realizes the decision is
a very unpopular one. He also said he
hopes there will not be another for a long
time, but that he couldn't predict what
would happen in the future.
"This is the only major cutback we've
had since I've been here," he said. "But as
for the next few years, it all depends on
how badly we get squeezed by inflation."
Banks to permit 5.25
checking account interest
Starting Jan. 1, banks will allow cus
tomers to earn 5!4 percent interest on their
checking accounts balance.
According to James Nissen, president of
the National Bank of Commerce, federal
law prohibits payment of interest on trans
action accounts, but, he said, at the begin
ning of next year such an option will be
available.
Banks will have requirem ents for these
accounts. According to Bob Sinky, vice
president of sales and marketing at First
National Lincoln, the banks's program will
require a minimum balance of $1,000. If
at an time an account drops beiow this
minimum, a penalty wi'l be charged.
Nissen said the advantage will be that
people can earn interest on their checking
accounts. He said the disadvantage will be
the added cost of the program to the
banks.
He said that no money had been ear
marked for this added expense but it
will come from a variety of sources.
According to Kathy Knight of the
Omaha National Bank, the minimum
balance requirement will give the bank
more money to loan.
According to Knight, money transfer
red from savings accounts to checking ac
counts can be earned interest at the bank,
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Corn Cobs sponsor
football rally for
Friday evening
Nebraska history will be
set this Friday night when
the Corn Cobs, a student
spirit organization, sponsors
an indoor pep rally for the
Nebraska-Oklahoma
football game.
"There has never been an
indoor pep rally before,"
said Greg Bailey, a member
o I Corn Cobs.
"The band will have a
parade at 6 p.m. starting in
front of the Union and end
ing at the Coliseum where
the pep rally will be held."
I lead Coach Tom
Osborne will be at the rally
along with team captains.
Baiiev said ABC-1 V prob
ably will cover the rally.
"Local radio stations are
running spots for publicity
all week," Bailey said. "I
think it's safe to say that it
will be the best pep rally we
have ever had here. We ex
pect people to just go
crazy."
The idea for an indoor
pep rally came from the
Pcnn State game.
"Some people went
down there for the game
and said Pcnn State had a
pep rally indoors and the
fans went wild," Bailey said.
"We originally planned
the rally for Thursday night
because we figured a lot of
people would be going to
parties Friday and wouldn't
show up. Hopefully it's
early enough for everyone."
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