1928*

When '28 makes a profit of over $500 on its reunion, everyone in the class and a great many people in other classes are interested in knowing how it was done. The answer is careful planning, lack of which caused another class to lose over $500 on its 10th reunion a few years ago, and hard work in getting men to attend. The budget committee is to be complimented on its excellent work; its report, by the way, was sent to us last fall, but publication has been delayed until now in order that we might give you the complete report. Pressure of other news made it impossible to do so before this issue.

REPORT OF REUNION BUDGET COMMITTEE

In order that the class may be fully advised of the factors entering into the computation of the tax of $14 imposed at the 10th Reunion, and may be informed of the financial outcome of the Reunion, the budget committee presents to the secretary the following report.

It was the aim of the committee to make the tax as low as possible and yet insure the collection of a sum sufficient to make the reunion a social success and avoid the unfortunate deficit occasionally suffered by other classes.

THE BUDGET

An examination of figures on 10th reunions of earlier classes led the committee to believe that the budget should be figured on a conservative estimated attendance of 80 men. The items of expenditure were then divided into two groups: Group I including items which would be fixed and constant regardless of the number attending, and Group II including items for which the individual cost would remain fixed while the total cost to the class varied in proportion to the attendance. The budget in final form based on an assumed attendance of 80 men was as follows:

Esti- Cost PerGroup I mate Person 1. Publicity and Printing 1 140 $ 1.75 2. Movie Record of 10th 40 .50 3. Dance 40 .50 4. Miscellaneous* 100 1.25 5. Beer and Attendant 120 1.50 6. Reserve 80 1.00 Group II 7. Costumes 180 2.25 8. Stag Dinner 120 1.50 9. Class Dinner 140 1.75 10. Picnic and Outing 160 2.00 $.1,120 $ 14.00 X80 $1,150.00

* This item includes such expenditures as extra hats, tips to waiters at dinners, purchase of ball and bat, and expenses of officers.

EXPENDITURES AND COLLECTIONS The following is a statement showing the relation of the actual expenditures to the budget figures:

Group I Budget Expended 1. Publicity and Printing $14° $ 89.13 2. Movie Record of 10th 40 93-34 3. Dance 40 25.00 4. Miscellaneous 100 119.00 5. Beer and Attendant 120 138.40 6. Reserve 80 35-00 $520 $499-87

Group II 7. Costumes (132 @ $2.25) $297.00 8. Stag Dinner (108 @ $1.50) 162.00 9. Class Dinner (140 @ $1.50) 210.00 10. Picnic and Outing (90 @ $2.00) 180.00 $849.00

Taxes at $14 from 111 men amounted to $1,554-00 Part time taxes from 32 men 256.75 Total taxes collected $1,810.75 Total expended 1,348.87 Balance $ 461.88

WIVES

A separate budget was set up for the wives and only items of actual expense were considered. The tax of $5 was arrived at as follows: Costumes, 50c; Cocktail Party, 75c; Class Dinner, $1.75; Picnic, $2.

The full tax of $5 was collected for each of 46 wives and provided a fund of $230, all but $41 of which was expended as follows:

Costumes (4 doz. hats) $ 22 Cocktail Party, including gift to Helen Campion 47 Class Dinner (40 @ 11.50) 60 Picnic (go @ $2.00) 60 $189

THE BALANCE

The foregoing figures show that the Reunion was conducted at a profit of $502.88, which far exceeded the expectations of your committee. This profit was due almost entirely to the unexpectedly large number of men attending the Reunion. Believing that the collection of annual class dues is both undesirable and impractical, this committee recommends that the profit made at the 10th Reunion be retained as general class funds to be used to defray current expenses of the class during the next five years, and to provide a backlog for future reunions. Respectfully submitted, John E. McLaughlin, Treas. and Chairman

John B. Kenerson Lawrence H. Martin Donald K. Norris John VdeP. Phelan

It is also worth noting that the reunion committees were appointed and functioning a year before reunion. The committees which deserve the credit for the excellent showing are, in addition to the budget committee: Attendance, Jack Phelan, chairman; Costumes, John Phillips, chairman, Ed Heyn; Reservations, Lanky Langdell, chairman, Bill Kimball, Ken Graf; Publicity, Os Skinner, chairman.

During your visit to the World's Fair in New York don't forget to visit the '28 Headquarters at 6 East 36th St., just midway between Pennsylvania Station and Grand Central Terminal. Here you can rest in our apartment, inquire about classmates, see the colored movies of Reunion, and pore over the album of still pictures taken at Reunion. And at the drop of a hat, your Secretary will show you the most exciting parts of the Fair or New York City with a minimum of effort on your part. Incidentally, numerous visits to the Fair have not dulled our enthusiasm for it in the slightest degree. Telephone us at the office or apartment (both numbers listed in the directory) to arrange a time to meet.

With the Alumni Fund campaign entering the last lap, the class agents are working themselves into a lather to win another performance record for '28 and make it four straight. Are you cooperating? Mail your check to Hanover TODAY!

Secretary, Tucker, Anthony & Co. Lao Broadway, New York

* 100% subscribers to the ALUMNI MAGAZINE, on class group plan.