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Iowa Ledger (2021) - Tippie College of Business

Iowa Ledger is an annual publication for alumni and friends of the Department of Accounting, Tippie College of Business, University of Iowa.

Iowa Ledger is an annual publication for alumni and friends of the Department of Accounting, Tippie College of Business, University of Iowa.

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NEW YORK<br />

LONDON<br />

9<br />

6<br />

“<br />

The day will come when not<br />

a single book and not a single person<br />

will aver that accountancy is not<br />

a field for women. Speed the day! ”<br />

—MARY E. MURPHY<br />

ACCOUNTING FORUM, APRIL 1941<br />

8<br />

4<br />

10<br />

In Margaret Hoskins’ 1994 book “Mary E.<br />

Murphy’s Contributions to Accounting,”<br />

fellow Cal State faculty member Earl<br />

Kennedy Cobb remembered her as very<br />

popular with students. “Most <strong>of</strong> them were<br />

perceptive enough to recognize that [she<br />

was] not a run <strong>of</strong> the mill person,” he said.<br />

“It is <strong>of</strong>ten said that some people live before<br />

their time,” Cobb continued. “It is so true<br />

<strong>of</strong> Mary Murphy. During her era … public<br />

accounting had very few spots for a woman.<br />

How she developed such respect for a<br />

pr<strong>of</strong>ession that had its door closed to her<br />

for the most part, I do not know.”<br />

“She was indeed a pioneer.” •<br />

Photo summary<br />

1 “Butler’s Capitol,” built by<br />

Mary Murphy’s greatgrandfather,<br />

Walter Butler,<br />

who was also Johnson County<br />

Sheriff for a time in the 1800s.<br />

The hotel hosted <strong>Iowa</strong>’s fourth<br />

legislative session roughly<br />

at the corner <strong>of</strong> Clinton and<br />

Washington Streets. Photo<br />

courtesy <strong>of</strong> the State Historical<br />

Society <strong>of</strong> <strong>Iowa</strong>, Des Moines.<br />

2 Mary Murphy’s childhood<br />

home in <strong>Iowa</strong> City, now<br />

The Burford House Inn. The<br />

Murphy family built and owned<br />

the house from 1902-1968,<br />

after which it was sold to<br />

Byron Burford, a longtime UI<br />

art pr<strong>of</strong>essor and friend <strong>of</strong> Kurt<br />

Vonnegut famous for his circusthemed<br />

work. Photo courtesy <strong>of</strong><br />

Burford House Inn.<br />

3 University High School<br />

commerce room in<br />

1926. The high school was<br />

established in 1916 as a<br />

laboratory for the UI <strong>College</strong><br />

<strong>of</strong> Education for the training<br />

<strong>of</strong> principals, superintendents,<br />

and teachers. Along with<br />

the University Elementary<br />

School, it was closed in 1972<br />

due to lack <strong>of</strong> funding. Mary<br />

Murphy graduated from the<br />

experimental school in 1923.<br />

4 University <strong>of</strong> <strong>Iowa</strong><br />

campus in 1925, when<br />

Mary Murphy attended as<br />

an undergraduate studying<br />

accounting.<br />

5 Murphy’s senior class<br />

photograph from<br />

the Hawkeye yearbook.<br />

Mary Murphy is listed but<br />

not individually identified.<br />

Photo courtesy <strong>of</strong> Student<br />

Publications, Inc.<br />

6 The New York City skyline<br />

with the Graf Zeppelin<br />

flying overhead in 1928, the<br />

year that Mary Murphy began<br />

studying at Columbia University<br />

for her master’s degree.<br />

7 The letter <strong>of</strong><br />

recommendation that<br />

the business school’s first<br />

dean, Chester A. Phillips, wrote<br />

for Murphy to enter the Ph.D.<br />

program at the London School<br />

<strong>of</strong> Economics and Political<br />

Science.<br />

8 The S.S. President<br />

Harding, the steamship<br />

Mary Murphy sailed on across<br />

the Atlantic Ocean to England in<br />

1936—a four-day journey.<br />

London Bridge in<br />

9<br />

1938, the year Mary<br />

Murphy earned a doctorate in<br />

accounting from the London<br />

School <strong>of</strong> Economics and<br />

Political Science.<br />

Members <strong>of</strong> the Murphy<br />

10<br />

family. From left: Mary’s<br />

mother Anna Butler Murphy,<br />

Mary E. Murphy, Mary’s step<br />

brother Frank Murphy, and her<br />

father, William F. Murphy. Photo<br />

courtesy <strong>of</strong> Margarget Hoskins.

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