REGENT BAZERV S STAT:iv"lMT 
In this connection the regents make the folowing stat ement 
This bndget reflects an increase it stud-ent fees of $5.0 per semester, 
$3.50 of' which will be made available for operating e:,enses and $1.50 of

wich will be set aside to finance the constrction of aditional library 
faciliti.:  These faciliti2s have been impratively n eded for years. 
The need has increased each year for the last several y-ars, due to in- 
creas<,oing 1se of ,th  Unipersity by the peol, of the  . 
We are opposed in principle to increase of student fees as 
aI meas of taing care of operating expenses,    The University is pa.-rt
of 
the public school system of the state. We feel that as such it should be

kept as free es possible in its opportnities to the people of this. s tote.

A mjority of our male students are wholly or partly self supporting.   It

is fully as difficult for them to pa   ad-ditional fees as it is for ta-x-

payers to pay their taxes. 
We  re authorizing this $3.50 per semester fec to secure 
funds for operation wilth the hooey, thfat it li.Ll not be necessary to con-

tinue, itbeyond the biennium of 1939 to 194-1 vhich is now commenced.. 
This fee is"i o ed,-onl.ybecause Ouro       otO'hr alternative would
be to 
resort to red-uctions in salaries and- wages and a denial of such necessary

restorations, adjustments and. increases as must be granted in order to 
maintain our staff in such man1ner as t o fairly wel2 preserve the e-.txc.-

tional standards of the Uiversity. 
The present compensation of our exoerienced teachers still 
reflects a considerable part of the cut imposd during the depression. 
In this present budget, in spite of the increase in stud-ent fees, much of

that cut is still preserved. When compared to other outstanding 
univers,ities, Wisconsin is at a disad-vantage in the level of salaries pai.,

Wisconsin has been fortunate in retaining many men and- women of outstand-ing

ability in ppite of financial disadvantage here. But to now impose ,cli-

tional disappointments on the faculty Would in our opinion do irreparabl.e

harm to the morale of the staff and would- seriously injure the University

for many yeals to come. 
In respect to new constraction for necessary library facii- 
ties there is no way in which it can be financed except by some ad-itional.

*    0C for that purpose.  The new addition to the Law Building is being

din this wa fy an  ncr       f   on law students only 
library f ec hereby imTosed should. not and- will not apply to law stu.-.t.

We feel that come of the red-uct ions in expendituires in this 
bud-get are und-esirable and Jo not represent any real economy. How~'ever,

the policy _has been ad-opted of reducing the expond-iture where it will
d-o 
the least harm. It is our desire that the University should be mad-c as 
useful as noossible to the people of this state and that its high reputat
ion 
as an institution of' higher' learning a nd of research should be maintained.

We are fully convinced that to continue to Jo so, and supmly the services

which the people of this state Jesire, increasing financial support to 
tbe University will be essential..