Press release

"Mr. Lawrence's assertion in his press release that all students possess 'inherent financial irresponsibility' will surely be received by students with the derision it deserves.

"I believe that two points merit consideration when the timing and manner of these resignations are considered. While denying no one the right to so resign, I cannot believe that anyone with even the slightest interest in the welfare of the association should find it necessary to 'wash his dirty linen in public.'

"The public relations aspect of this action can hardly have been unintentionally overlooked.

"In my turn. I feel justified in accusing Messrs. Lawrence and Tate of financial obstruction when smooth and efficient financial processing was imperative.

"Both knew the state of certain association activities— namely Extrav and Winter Tournament—was such that any further delay in payment of many accounts would result in legal proceedings being taken against us.