William H. Rice William H. Rice, retired UI lobbyist, died Oct. 7 at the Champaign County Nursing Home, Urbana. He was 77. Rice graduated from the UI in 1940. He helped recruit the original "Flying Squadron" Naval Air Force Squadron and was a carrier-based Navy fighter pilot during World War II, flying 38 missions and earning three decorations in his 4 1/2-year Navy career, which he began with the rank of seaman second class and ended as a lieutenant commander. From 1945 until his retirement, Rice worked for the UI, first with the Alumni Association and the Athletic Association, then as administrative assistant to the president in charge of legislative relations. During a leave of absence, he served as executive assistant to Gov. William Stratton and Gov. Otto Kerner. Rice served as supervisor of Champaign Township from 1982 to 1989 and served on the Champaign County Board from 1988 to 1992. Rice also served as president of the board of Health of the Champaign-Urbana Public Health District, board member and former director of the Champaign Rotary club, campaign manager or Mercy Hospital's $16 million hospital addition and as a member of the board of directors of Busey First National Bank for 20 years. Survivors include his wife, Nancy; two sons; a daughter; a sister; and four grandchildren. Memorials may be made to the Illinois Scholarship Fund. Paul M. Van Arsdell Paul M. Van Arsdell, longtime head of the department of finance, died Oct. 10 at Covenant Medical Center, Urbana. He was 89. Van Arsdell earned a bachelor's degree in 1927, a master's in 1929 and a doctorate in economics in 1935, all from the UI. He joined the UI faculty in 1927. He taught courses in economics and accounting before the formation of the department of finance. He served as head of the finance department from its inception in 1957 until his retirement in 1971. Following his retirement from the UI, he joined the faculty of the Florida Atlantic University, Boca Raton, Fla., where he served as visiting distinguished professor of finance from 1971 to 1975. In 1975, he joined the faculty of Miami University, Oxford, Ohio, where he was the Armco Alumni Professor of Finance until he retired from active teaching in 1980. Van Arsdell was a consultant to a number of corporations and served as principal business economist for the Office of Price Administration in 1942. From 1943 to 1946, he was an officer in the U.S. Navy at Washington, D.C. He was a past president of the American Finance Association and a co-founder and past president of the Midwest Finance Association. He also was a founding member of the Southern Finance Association. He was a past chairman of the board of the University YMCA and a past member of the Illini Union Board. Survivors include his wife, Sophia; a son; and six grandchildren. Memorial contributions may be made to the Paul M. Van Arsdell Sr. Award in Finance, UI Foundation, Harker Hall, or to the First Presbyterian Church of Champaign, 302 W. Church St., Champaign.