Evening Republican, Volume 23, Number 61, Rensselaer, Jasper County, 10 March 1920 — COLLEGES ASK FOR MILLIONS [ARTICLE]

COLLEGES ASK FOR MILLIONS

Nearly 75 Institutions of Learning in the Country Now Seek Funds. LARGEST SUM IS $25,000,000 Northwestern Wants $10,000,000 for Buildings Alone—Higher Pay for Professors Promised by All Campaign Committees. New York. —Nearly seventy-five colleges throughout the country are conducting campaigns for endowment funds to Increase the pay of their professors and to provide new buildings and facilities. It is estimated that the total sought Is more than $200,000,000. Five of the largest Institutions in the country—Harvard, Princeton, Cornell, Northwestern and New York university—are engaged in. campaigns, and the total sought by these five universities alone is $70,700,000. Northwestern seeks $25,000,000. Harvard already has promises of $12,000,000, toward her desired fund of $15,250,000. Cc-neU’s goal is $10,000,000. Princeton desires $14,000,000, and New York university has set $6,450,000 as her minimum in a campaign to be launched late this month. Pittsburgh Wants $16,000,000. Other large sums sought by some of the smaller colleges carry the total above $100,000,000 before the first ten campaigns are enumerated. Boston university also wants $10,000,000. The University of Pittsburgh Intends to raise $16,000,000 in the next flve years. -Oberlin college of Ohio is to raise $5,285,000, and ten other colleges are campaigning for individual funds of $3,000,000 each. , Although Columbia university here has announced no plans for a campaign for funds, her president, Dr. Nicholas Murray Butler, has Intimated that money might be sought for the completion of the institution’s building programs. Two of Columbia’s associated Barnard college and Teachers’ college, are appealing for funds. Teachers’ college seeks $3,000,000, $1,500,000 of which is to be used for a new library building, and the alumnae committee of Barnard asks $500,000 to complete the $1,000,000 endowment fund. — ,i • All of the large eastern colleges have committees at work in this city, and Hunter College for Women- and New York university intend to push their campaign for funds in the guerrilla warfare way because most of their graduates live In the city. Hunter college is seeking $150,000 for an alumnae hall, and is running Its campaign as part of the celebration of the fiftieth anniversary of its foundation. Organizations of graduates of the various colleges have been requested to subscribe certain quotas, and the campaign has been carried directly to the purse of each graduate. Varying Amounts Sought. Sums sought by the smaller and specialized institution's range down

from the $8,000,000 sought by the Massachusetts Institute of Technology to the $10,000,000 to be raised hy Fordham university of this city for a memorial to its graduates who perished in the war. Joining, too, in the campaigns are some of the women’s colleges, including Mount Holyoke, Bryn Mawr and Smith college. Phillips Exeter academy and Andover academy also are on the list Three of the institutions that had planned elaborate campaigns for large endowment funds received large sums under the will of Henry C. Frick. To Princeton was left $10,000,000. Harvard received $5,000,000, and $5,000,000 also was bequeathed to the Massachusetts Institute of Technology. Massachusetts “Tech” also has received in its campaign promises of large sums from T* Coleman Dupont on condition that specific additional sums be subscribed by others during the campaign. By far the largest sum is sought by Northwestern university In Chicago. Her goal is $25,000,000, including $lO,000,000 for new buildings and an endowment fund for their maintenance. Intended expansion of work is to be covered by a fund of $11,000,000, and the remaining $4,000,000 is to be used in carrvijaqb dn the present curriculums. A< cording to information furnished toffee Vanderbilt Alumnus the publication. of the graduates of Vanderbilt university, the scale of professors' pay at Northwestern also will be Increased.