Source: Daily Reflector Negative Collection (#741.5.d.34) Staff Person: Jennifer Joyner Description: The month of December is always a busy time for college students. At East Carolina University, Joyner Library has been bustling around the clock with students finishing their coursework and preparing for exams. The same was true in December 1954, when this photograph was [...]
Tag: East Carolina University
Source: University Archives Visual Materials Collection Staff Person: Arthur Carlson Description: This photo from the University Archives shows East Carolina students participating in a 1953 Sadie Hawkins Day Race (UA55-01-4841). By tradition, on Sadie Hawkins Day girls ask boys to accompany them to a dance or on a date. The event originated in 1937 with the comic [...]
Source: University Archives UA55-01-8226 Staff Person: Arthur Carlson Description: This picture from the University Archives features Cortez W. Peters, Sr who held the world record as the World’s Fastest Typist (UA55-01-8226). Born in Maryland, Peters achieved a then world record of 141 words per minute in 1925. With the advent of improved typing technology, Peters [...]
United States Senate
WASHINGTON, D.C. 20510
January 13, 1988
Dr. and Mrs. Keats Sparrow
307 Queen Anne’s Road
Greenville, North Carolina 27858
Dear Dr. and Mrs. Sparrow:
Thank you for your letter regarding the proposal in the original House reconciliation bill that would have disallowed the future amortization of intangible assets, such as customer lists.
While it is important to study all options when searching for revenue sources to help balance our budget, we should not indiscriminately tax any or all of the sources of income we are able to discern. It is important to weigh the revenue potential of any suggested tax against its potential economic cost. Often this cost can far exceed the revenue potential of any given tax.
In the case of this provision, I was concerned that the arguments supporting the provision might be flawed. I therefore sided with the IRS [Internal Revenue Service] here; I think it is a mistake to disallow the depreciation of the intangible assets of a company when such assets are arguably depreciable.
I spoke to Senator [Lloyd] Bentsen and to the Senate Finance and Budget Committee staffs on this matter during the conference on reconciliation and fortunately the provision was removed from the final version of the reconciliation bill which passed on December 21, 1987.
Thank you again for writing me regarding this tax provision.
With best wishes always,
United States Senator
Source: University Archives UA55-01-1644 Staff Person: Arthur Carlson Description: This image from the University Archives features Layton Getsinger with school mascot Brandy (UA55-01-1644). The East Carolina Cheerleaders acquired the white French Poodle during the summer of 1968. She immediately became a crowd favorite, appearing at athletic contests and other campus events. A caretaker appointed by [...]
Source: University Archives Architectural Collection, 55-08-0043 Staff Person: Kacy Guill The Austin Building was constructed in 1908 and 1909 and served for many years as the main classroom building and library at East Carolina Teachers Training School. The Austin Building also included the school’s administrative offices, including the president’s office, and an auditorium. The building [...]
Source: UW0000/02/03/A/.1/HOWELL University Archives Staff Person: Maury York Description: In 1983, three recipients from East Carolina University of the University of North Carolina’s O. Max Gardner Award–Ovid Pierce, Francis Speight, and Stanley Riggs–posed with Dr. Gladys Howell and Kenlyn Riggs at a reception held in their honor. The award is given annually by the UNC [...]
Source: University Archives, UA50-06-1010-01 Staff Person: Kacy Guill Description: The first graduation ceremony at East Carolina Teachers Training School occurred in May 1910. No degrees were awarded, but several students completed a one-year program for rural teachers. Beginning with the 1910 ceremonies through the 1940s, graduation ceremonies were multi-day events lasting as many as four [...]
Source: Paul Ricks Papers, University Archives #UA90-02, East Carolina University, Greenville, N.C. Staff Person: Kacy Guill Description: In 1935, East Carolina Teachers College obtained the services of Paul T. Ricks as director of a new travel course designed to meet the needs of travel-hungry students. For the initial tour, more than a hundred students filled [...]
Source: University Archives, Call Number 55-01-0082 Staff Person: Kacy Guill Description: Between 1909 and 1932, the only organized sports teams at East Carolina Teachers College were women’s teams. Women’s basketball was by far the most popular sport until 1932, when the number of men on campus allowed for the organization of a men’s basketball team. [...]