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Salient. Newspaper of the Victoria University Students' Association. Vol 42 No. 8. April 23 1979

The STB Guarantee

The STB Guarantee

Dear Editor,

How are you? I am well.

Well onto more serious things, in last week's issue of Salient I noticed in the President's column that the Executive had on our behalf agreed to guarantee our share of the overdraft for Student Travel Bureau to a much greater extent Surely a decision of this magnitude should have been referred to a student meeting as it involves a sizeable quantity of our money. If Student Travel goes bust we will have to pay this money out of Our Fees. This is not such an unlikely possibility as this company has lost out badly in the past due due to the mismanagement by the directors of Student Travel in the past. Some of these incompetents are still in the company a friends of mine from Otago tells me. Still it's only student money so what the hell? Perhaps the idiots on the executive who made this decision could explain themselves.

In fact I think that students have deliberately been kept in the dark about the finances of the Students' Association and of NZUSA. At an SRC, which was reported in Salient very well last week, it was mentioned that NZUSA had a lot of debts to pay off and that we had to get a mortgage to cover it so we could keep the Student Union House where al the heavies hang out. Why is this?

Also last week the cartoons on the front of 'Salient' were good, but really motions on Kampuchea (can you push her?) are a bit of a waste of time aren't they, I mean does somebody really take this rubbish seriously or are you having me on?

Love,

Klaptrap.

P.S. I ammmmmmmmmmmmmmmm going to write boring letters to Salient every week till you close down and until those Womens Rights people shut up and go home and do the washing and put the kids to bed.

(Salient will be running a large article on the Student Travel Bureau next term after the May Council of NZUSA, when the presentation of the Annual Accounts will make STB's financial position clear - ed.)