Minutes of the Regular Meeting of the Board of Trustees of the
University of Kentucky, Tuesday, December 8, 1936.


     The Board of Trustees of the University of Kentucky net in
President McVey's office at the University December 8, 1936, at
10:30 a.m., this being the regular December meeting.   The members
of the Board present were Governor A. B. Chandler, Judge Richard
C. Stoll, James Park, Louis Hillenmeyer, J. B. Andrews, John Coop-
er, G. C. Wells, R. G. Gordon, H. S. Cleveland, Dr. George Wilson
and J. C. Newcomb.   President F. L. McVey and Secretary D. H.
Peak were present.


     1. Minutes Approved.

     The minutes of the following meetings were approved as pub-
lished: Regular Meeting of the Board of Trustees, September 23,
1936; Executive Committee Meeting, October 14, 1936; Executive
Committee Meeting, November 7, 1936.


     2. President's Report.

     The President made his regular quarterly report which was
ordered to be recorded in the Minutes.   The report is in words
and figures as follows:


     QUARTERLY REPORT OF THE PRESIDENT TO THE BOARD OF TRUSTEES
                         December 8, 1936


                    I. POLICY OF THE UNIVERSITY

     From time to time questions have arisen relative to the Dol-
icy of the University -- has it, in fact, any policy at all? Neces-
sarily, a going concern, though it may not have an immediate goal,
must be directed by a policy, if it be nothing more than meeting
the problems that adse from day to day.   The University of Ken-
tucky, however, has had rather definite purposes that may be spok-
en of as a policy.

     The first of these purposes has been to maintain colleges and
a university organization on a high educational level.    The goal
of the colleges has been to give instruction thru effective teach-
ing and the use of modern methods, seen in collateral reading and
satisfactory laboratory procedure.   The University has attempted
to maintain professional schools and graduate work on a high level.
In order to bring this about departments have been strengthened
by additions to staff, the purchase of books ard the acquirement
of equipment.   Without doubt, this purpose has been limited by
income available for expenditure, but the history of some years
indicates clearly the definite purpose of strengthening depart-
ments to emphasize graduate work.

     Today it may be said that one of the things that should be