CROSS ANNOUNCES COUNCIL BUDGET FOR COMING YEAR

According to the report of John Cross '30, recently elected Assistant Treasurer of the Student Council, the accounts of last year's budget were found to be in good condition, with all the back debts paid up, and a balance of about $500 in the bank, owing, in great part, to the discontinuation of the University Register.

That balance plus the subscriptions collected in cash from the students on Registration day this fall make a total of $7,068.42 cash on hand. Although the exact total has not yet been ascertained, the money pledged but thus far unpaid is sufficient to bring the total over $12,000, from which figure the budget is calculated.

Three sums of $4,000 each will be taken from the grand total: the first to go to Phillips Brooks House; the second to be reserved for class funds; and the third to be used for the Student Council and organized charities. The money for the class funds will be allotted as follows: to the class of 1930, $1,600, of which $1,000 is a loan for the Senior Album, to be repaid, and $600 a fund for entertainments and general expenses. Of the remaining $2,400, $600 each will be given to the classes of 1931, 1932, and 1933; while $600 will be held in reserve.

The Student Council keeps for its own overhead and running expenses $700; while the remainder of the $4,000 is for organized charities, and miscellaneous purposes. The Salvation Army is to receive $500, the American Red Cross, $1,000, and the Harvard Band, $750. The allotments for the Cambridge Boy Scouts, the Committee on Friendly Relations among Foreign Students, and the Near East Relief have not yet been decided.