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all money must come into a treasury, how would this affect
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MR. DONAHO: Merely an account in the treasury,
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but it's in the treasury, nevertheless. It's merely an
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account in the treasury, because you don't get the problem
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of giving it special fund status or giving it status outside
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the treasury and subject to abuse.
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Now, with this other kind of thing, when you
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mention gifts and so on, Some gifts have definite trust
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characteristics. It is possible within the treasury to
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give the effect of a trust in agency funds. It is done
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all the time in budgeting and accounting.
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THE CHAIRMAN: Let me ask you this, John. What
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practical betterment would flow from this result?
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MR, DONAHO: I'm just closing a door that
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somebody is going to open. Right now, you are all right.
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THE CHAIRMAN: For example, the University has
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a lot of money which they call restricted funds. These are
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overheads that are paid on scientific grants, things of
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that nature, and these overhead funds are used by the
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University and the Board of Regions makes the appropriation:
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It never goes to Rennie's office or anybody else, as far as
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