The Trustees

I. Michael Heyman '51, chancellor of the University of California at Berkeley, and George B. Munroe '43, chairman of Phelps Dodge, were elected alumni trustees of the College at the April board meeting, the first Alumni Council candidates to run unopposed in three years. Munroe starts his second term on the board at Commencement; Heyman is a new member.

Most of the board's other decisions involved institutional finances. Allocations for scholarships were increased by 22 per cent, in an effort to counter federal cuts in financial aid to undergraduates. The figure for this year's scholarship awards was $5,151,000; next year it will climb to 56,283,000.

The trustees approved a balanced budget, not counting the Medical School, of $91,409,000, an increase of 11 per cent over this year. The 51.5 million deficit apparent three months ago was compensated for by reductions in budgeted spending and the ferreting out of more sources of revenue.

A compensation increment of six per cent roughly equal to current inflation was voted for "satisfactory performance," and additional compensation pools were established to recognize meritorious performance by those who work here.

A considerable portion of the meeting was devoted to trustee discussion of what President McLaughlin called the most immediate, challenging, and compelling issue of our time" the threat of nuclear proliferation. Taking the position that "all educational institutions have a responsibility to provide a forum for increasing public awareness of the dimensions of this challenge," the board recommended the College seek during 1982-83 to provide opportunities on campus for informed discussion and open debate on the subject.