This video is part of a series of videos that document J. Earl Danieley lecturing during the class he teaches each winter term at Elon University called Elon: Past, Present, and Future. Included in all the videos in the collection, he discusses a number of topics that relate to the history of Elon University. Specifically, in this video Danieley discusses major topics that include: Stratford College in Virginia could not fundraise enough tuition to increase the budget; Stratford College faculty spent much money on books and eventually the school went into bankruptcy; Stratford College"s library was for sale and Royall H. Spence, Jr., gave Elon College the funds to purchase the entire library; Danieley also discusses how he had to operate Elon College"s budget; Danieley reads a book by Beardsley Ruml and Donald H. Morrison entitled Memo to a Trustee which reports on the financial and structural problems of a liberal arts college; in the 1960"s Elon College reduced the number of courses where enrollment was decreasing to assist with the economic success of the institution; Danieley maintains that keeping within the budget was extremely important with the support of the Elon Board of Trustees and came through that period without using any red ink in any year; if a recession did occur and Leo M. Lambert needed to reduce academic courses and departments, Lambert would have to convince the faculty that a reduction was the right thing to do for the economic success of Elon University; the Amtrak train sound can be heard as Danieley is lecturing during his Elon: Past, Present, and Future class; Deryl Hart (1891-1980) " the Professor of Emeritus of Surgery, Chairman Emeritus of the Department of Surgery, President Emeritus of Duke University " said to Danieley that other private North Carolina colleges should provide financial assistance to students wanting to attend private institutions; a group of private college presidents met with North Carolina Governor James (Terry) Sanford (1917 " 1998) who said the legislatures should appropriate funding to the smaller academic institutions; Danieley spent two years working as a lobbyist in the 1990"s; William Clyde (Bill) Friday (1920 " 2012) was President of the University of North Carolina at Chapel Hill and did not support legislation tuition for private institutions; the tuition assistant grant program to smaller private schools was in trouble, Danieley went to go see Senator Roy Asberry Cooper III (D) to support the tuition assistant grant program; Danieley needed a Republican to support the vote so Danieley met with William Edwin McMahan; Danieley was so passionate about the tuition assistance grant program that he wept in McMahan"s office; during the 1960"s, there was a motion to have Elon College students placed on the Board of Trustees; the compromise was to have alumni youth on the Elon College Board of Trustees for a two year-term; Elon College athletics had Rich McGeorge who played football and basketball; Rich McGeorge was drafted as number one for the Vietnam War and for the Green Bay Packers; in 1973, Founder"s Day, Elon College had three former Vietnam Prisoners of War who spoke at Elon College; and the three former Vietnam Prisoners of War were filmed by the three networks (NBC, CBS, and ABC) for the first time since their release from captivity. Some notable names include: J. Earl Danieley, Royall H. Spence, Jr., Beardsley Ruml, Donald H. Morrison, Durward T. Stokes, Deryl Hart, James (Terry) Sanford, William Clyde (Bill) Friday, Rich McGeorge, and William Edwin McMahan.