Richmond Palladium (Daily), Volume 36, Number 184, 12 May 1911 — Page 8
PAGE EIGHT. THE HICniXO!n PAIXA.DIUM AND r SUN-TEI.EGRAM, FRIDAT, MAT 12, 1910.
HICIIOLSOn ALWAYS ' EARLIIIOS FRIEIID Grand Old Man" of Rich- ' mond to Aid in Lifting the College's Debt. If two men, working single-handed, could raise a fund of $50,000 for Earlham college In 1870 and 1871, when Earlbam had only 160 students and there were but 25,000 members of the Indiana and Western Yearly Meetings of Friends to appeal to, what should be the result of an effort by more than 200 men in a campaign for money among the 36,000 members of the two yearly meetings today? This Is the way Timothy Nicholson sizes up the present campaign to raise $50,000 to pay off Earlham's indebtedness. Mr. Nicholson has been a member of the board of trustees of Earlbam college for forty-six years, and a member and secretary of Its financial board for twenty-six years. "I regard the work I have done for Earlham college," says Mr. Nicholson "as the most important work of my life. And with this In mind I am enthusiastically earnest In my effort and desire to make this present campaign for $50,000 a grand success. I appeal to
all friends and all former students of
Earlham, and their parents snd friends to promptly and liberally respond to the request of the solicitors In securing this fund of $50,000 with - which to free Earlham from debt." Sack to. Old Days.
Mr. Nicholson's mind turns natur
ally back to the old days when an
Earlham campaign for a similar
mount was promptly and completely successful, although conducted by only two men.
"In those days." he said, "the endow
ment fund of Earlham was Jess than $4,000. That was in 1870. Today Earlbam's endowment Is $350,000. In 1870 Earlham had less than 150 students. Today we have more than 600.
Then there was only one building
Earlham hall, and eight instructors.
Now we have five buildings and twen-
tyeven Instructors.
"In 1870 I was Instructed by the board of trustees to Introduce to the Indiana Yearly Meeting of Friends the
Importance and necessity of an increased endowment. After the appeal was made I called for subscriptions.
Two Friends responded with $1,600
each and five or more with $1,000 each.
These responses created great enthusiasm and about $16,000 more was
secured, to be .paid If the sum of $50,'
000 was subscribed on or before the
Irst day of 1872.
"Charles 8. Hubbard, a member of the board, was appointed solicitor, and was assisted by President Joseph
Moore. And, the entire amount $50,'
000 was secured by November, 1871,
two months before the time limit had
expired. Was Strenuous Work.
"To give some Idea of the strenuous work, there were 834 subscribers 645
In Indiana Yearly Meeting and 189 in
Western Yearly Meeting in amounts ranging from $1,600 to 50 cents. The average subscription was $60. - "At that time there were about 15,000 members In Indiana Yearly Meeting, and about 10,000 In Western. They gave 'willingly' and hence Joyfully, though their financial ability was much less than now. "Now In this present campaign, with the stimulus of approximately $10,000 to start with, the remainder of the $50,000 should be easily raised in thirty days by the 36,000 members of the two Yearly Meetings. "In this emergency Earlham merits the help of every loyal member of the . church, and of every other person who has been a student here. All these can make a subscription, however small, and they ran have a part in the success of this noble enterprise, one very Important result of which we believe will be a large Increase of the college endowment fund in the near future." Disappointed in finding that their plan to start a fund for a gymnasium at Earlham was Inadvisable at the time, the members of the senior class looked in other directions and the result was their pledge of $1,000 toward a fund of $50,000 with which to free Earlham from debt by commencement day. . The plan for a gymnasium was not easy to relinquish, but with a debt banging over the college, there was little encouragement to make the ef
fort. The Idea of paying the college debt followed naturally and the pledge of the senior class was the first to be made. Others followed so that when
the campaign was decided on and plan
ned, several thousand dollars had been
pledged aa a "starter."
Signed by Phillip Bruner. class president, and Miss Florence Bond, secre
tary, the formal pledge of the senior
class has Just gone to the faculty. It means that every member will. contrib
ute approximately $20.
President Kelly of Earlham Explains Origin of the Debt
SY ROBERT L. KELLY. President of Earlham College. It Is evident that many people do
not understand Just why it is that Earlham has a $52,000 debt. The gen
eral impression seems to be that the
debt was contracted In the erection of the library building and the Edwin S.
Bundy dormitory, and the remark is
sometimes made that those buildings should not have been erected on borrowed money. As a matter of fact, the unpaid balance on those buildings is not a large sum not more than
$9,000.
It is well, furthermore, to recall the
circumstances A under which ; those buildings were erected. The library
facilities of the college were far below the staindard rightly to be expect
ed from a college of the standing of
Earlham. As a matter of fact, the library, housed as it was in a single small room in Lindley hall, was no credit to the college. The time for an advance step was far past due. Earlham could not afford to continue much longer her primitive methods of libra
ry administration, with its inevitably
blighting effect upon the entire educa
tional work of the college. When
therefore, Andrew Carnegie offered to give $30,000 for the erection of a li
brary building, the friends of the college rallied to our support in the cam
paign for a $30,000 endowment fund for its upkeep. But those in charge '
of the enterprise had a vision of a i
greater Earlham in the days to come and they therefore undertook the burden of raising $10,000 in addition to Carnegie's gift for the building. This they undoubtedly would have accom
plished except that in the midst of the
campaign Zenas and Rachel Bundy of Greenfield, made an offer of $25,000 for a dormitory for boys, on condition that
another $25,000 be raised for the same purpose. The old dormitory was entirely too small to accommodate the Increasing number of st dents, and various unsatisfactory devices were being used to take care of the overflow. Besides Mr. and Mr. Bundy were anxious that the work proceed at once, and 'the trustees could not well hold back under these circumstances. So It came to pass that the dormitory campaign began before the library campaign was completed and the building was put up before all the money was subscribed. .By these means the trustees gained for the college assets aggregating $120,000, with a liability of only $9,000. This cerainly was not poor business management. Really It would be fair to call the total asset $145000 for a gift of $25,000 soon came to the endowment which the college in all probability would not have received except for the conf dence produced In the mind of the donor by '"-e aggressive work chronicled above. So much for the smallest, fraction of debt, which within itself would have been almost a negligible quantity. But at this point .an unexpected em
ergency arose. The old boilers which for many years bad been doing service in heating the college buildings gave out and were found to be permanently incapable of furnishing the heat needed. The trustees had no time to ask
for additional contributions even if it had been considered wise to take the field once more in a campaign for funds. A central heating plant must
be provided or the work of the college must stop. There was only one horn
of the dilemma to choose, and the
heating plant was erected at a cost. Including the necessary connections of approximately $17,000. There is also, included in this sum a lighting plant which has already paid for Itself in the saving in the cost of electricity.
Evidently no set of men could have
done anything else than what was
done by the trustees unless they had gone down into their own pockets for the money to meet this emergency, and this the friends of the college could not fairly expect.
Another feature of the debt was pro
duced by the necessity of overhauling our sewer system, connecting with the
recently Installed Southwest Richmond system. There should be added to this certain permanent improve
ments of a somewhat miscellaneous
character, the aggregate total cost being $11,000.
The balance of the debt approxi
mately $15.000 is administration debt.
This of course is a fluctuating quanti
ty. Within the past two years It has been as low as $7,000, but since the an
nual heavy interest became necessary on the $30,000 debt mentioned above the strain on the administration has
been heavy. About ten years ago many friends of the college got the idea that the college was entirely out of debt. It was true that the old building debt was paid, but at no time was it true that all the administration debt was wiped out, so that this phase of our present debt is of long standing. The supreme effort now is not only to get rid of the building and permanent improvement debt, but to pay off the administration debt also. It will be interesting to the friends of Earlham to know that last fall the
debt of the college had reached a maximum of about $70,000, and that dur
ing the present college year about $20,000 has been paid. The college is
particularly under obligations to our esteemed friend, Mordecai Morris White, Cincinnati, O., who, in addition to many liberal contributions in the past, has paid $12,500 toward the liq
uidation of our present debt. His gen
erosity in this matter certainly should inspire every friend of the college to respond liberally with time and money
during our present campaign.
The question of vital importance is how much will Earlham's friends give
to see the college entirely free from debt for the first time in thirty-five or forty years. The question then will arise, "Will the college be able to
keep even, or will it at once plunge into debt again?" This is a fair question and we have the answer ready. Please note the following facts. 1. For the past seven or eight years Earlham has been passing through an era of expansion uninterrupted and unprecedented. The college has now passed through that era
and for a year or two our main interest has been intensive, not extensive
work. We do not need for our educa
tional work any more buildings except a gymnasium, and since much of the
work in physical training is in the op
en air we can well afford to wait until the money is at hand, not only for the
gymnasium building, but for its maintenance when erected. We do not need and are not seeking increased enrollment except as day students. We are running to full capacity and we prefer to emphasize the quality of our work rather than enter, into a scramble for numbers. There is no thought of erecting additional dormitory buildings. We believe that four or ftve hundred students at any one time is a very good number for a college of high ideals which has a special contribution to make to educational history in America. The temptation to be bigger, therefore, will not lead us into debt. 2. The college has its financial progress better In hand than ever before. A recently adopted system of bookkeeping enables us for the first time in the history of the college to keep
advised as to the financial progress
from month to month. This has never been true until this year. Our monthly statements put us in a position to retrench at numerous points during the college year if such retrenchment is found necessary. -Our newly adopted system of collections is such that we are not losing on account of unpaid bills. The college is being run on a cash basis. We get things when we have the money to pay for them, and we require payment of board and tuition in advance. During the past few years the University of Chicago, which before was running behind about $200,000 per year, has adopted a policy of keeping within financial bounds. This shows that such a thing can be done even by an educational ininstitution. But the best argument is that Earlbam is actually doing this this year. Our profit for the present year is now over $5,000, and there is every reason to believe that we shall make ends meet this year and pay $3,500 interest besides. What then could we. do if we were freed of this burden of debt? .
3. The college is not intending to run on a basis of niggardly economy
at (he expense of professors salaries. We expect to keep and get good men.'
As a result of changes that have been made this year in the "course of study
it is believed that the - educational
(work of the college will be more even- ( ly distributed among the departments, j This will enable us actually to reduce the total number of professors and
this we have already done. The dormitory also will be' " conducted next year with . fewer officers. , In a word our plans now provide for systematic and scientific administration. All we ask is to be relieved of the unnecessary burden of annual interest. 4. Then it should be held in mind that we are dreaming great dreams of the future. Men of means are interested in Earlham's permanent prosperity. We hope to increase the endowment very materially, but the debt at present blocks the way to this desirable end. If it can be demonstrated that
; Earlham has the vitality to throw off
the present 'congestion, her system will be cleared and there is good reason to believe that pure food will be forthcoming in quantity and richness which will insure red blood and strong tissue in years to come.
STARRS ON SUNDAY PLAY CONNERSVILLE The Starrs have greatly strengthened their base ball team by signing Catcher Miller of Indianapolis, whose excellent work here at the close of last season is well remembered by local fans. With the addition of the new backstop the Starrs now have a strong team. They will cross bats with the Cambridge City Grays, Sunday.
COLLISION AT SEA SIIIKSJIIE VESSEL Two Steamers Come Together Off Virginia CoastPassengers Saved. (American News Service) Norfolk, Va., May 12. The steamer Merida of the New York and Cuba mail steamship company, bound from Vera Cruz to' New York, was sunk early today in a collision with the United Fruit company's steamer. Admiral Farragut off Cape Charles, Va. Wireless - messages received here stated that all of the Merida's passengers were taken off in safety by the Admiral Farragut and that that vessel was proceeding here under her own steam. The accident occurred
pwhen the two vessels, were 55 miles
from the lightship at Cape Charles. The two vessels came together at
12:30 a. m. while the passengers of
the Merida were asleep. The vessel took in Havana, Cuba, on her homeward trip and was due in New York today. The passenger list was unusually large and she carried a heavy
cargo. Wirelss CaUs Help.
As soon as the disaster occurred the damaged condition of the Merida showed that it would be impossible
to get her into port and rockets were sent up by the officers. The Admiral Farragut put about and stood by and
began the transferring of passengers. Two other vessels soon arrived in answer to this distress signal, the steamers Madison and Hamilton. The Admiral Farragut started for Norfolk as soon as all the passengers and crew of the Merida were on board, but the Madison and Hamilton stood
by until 5:40, the Merida sinking in 34 fathoms of water. Wireless calls for help sent out reached . the battleship Iowa and the torpedo boat destroyer Stringham. Both of these vessels set out at full speed. The latest wireless dispatches received stated that these two vessels were convoying the Admiral Farragut into port although she was not badly damaged. '.'.""'...;
KIIIGHTS TEMPLARS WELCOME J, RUPE
Incoming Grand Commander Tendered Reception on Thursday Evening. John L. Rupe, prominent lawyer of this city, who was elected grand commander of the Indiana Knights Templar at the state meeting held in Indianapolis Wednesday and Thursday, was met at the station Thursday evening on his return from the capital city by local knights in uniform. There was about 100 in the group that paraded from the lodge rooms In the Masonic Temple to the depot to welcome Mr. Rupe as the highest officer in the ranks, of the Knights Templar of the state.'';: . Immediately upon his arrival, which was about 7:25 o'clock, Mr. Rupe was taken in charge by the local Templars and escorted about the streets of the city. The - procession formed an in
teresting parade. At the close of the march, the paraders repaired to the lodge room where an Informal reception was held in honor of Mr. Rupe. It was in the nature of a smoker and refreshments were served. Mr. Rupe's illustrious record as a Knight Temp
lar was commented upon at length. ' He responded with a brief talk, telling of his great appreciation of the efforts of the local lodge in his behalf and of the honor bestowed upon him by the
state department at Indianapolis.
Mr. Rupe has long been very active
in local Masonic and Knight Templar circles. He is one of the most prominent members of the Richmond order.
The duties of the office leading up to the commandership were administered by Mr. Rupe. with the greatest effi
ciency. 4ie is a leading member of the Wayne county bar, and one of
Richmond's most esteemed cltliens.
His honor is Richmond's honor, and
local Knights Templar and citlsens in general are very much elated over his election. .
MRS. JACK CUDAHY STARTS COURT WAR Los Angeles, Cal., May 1. Mrs. Jack Cudahy, who has been at Long Beach for several "weeks ; visiting her two children, today started for the East with the avowed intention of starting proceedings in the courts to modify the terms on which she is permitted to visit them. ? She declared today that when she told the court how happy the .children were when she was with them, she was certain the court would abate the order or at least modify It, The children are in custody of her former busband's parents and are in school here.
COLLEGE TENNIS SHARPS PRACTICING Contestants for the Earlham college tennis teams are being given a final
tryout on the college courts this week and some interesting games are being
played. Blair Converse of . this city,
as representative of the college in the singles, is showing excellent form and is expected to take a place in the state meet.
1 Mi 7 ins ffOffOoaffjBififjD SrJ o.xn)Tooir i. HATS ( , .58 KRONE & KENNEDY Mcto $1 to S3 1 1 'I C2.C0
mm
HAD LtOOEY TO BURII '
George Swain Didn't Care
What His Fine Was.
(Palladium Special)
Indianapolis, May 12. "Fine me whatever you want to. Judge I have $10,000 and I don't care," said George 8waln of Richmond to Judge Collins Friday. '"All. right, we win make it
$10 and costs," said the police court Judge. Swain came to Indianapolis
Thursday night and started out to
see the sights on the West Side. He
was in a fair way to see the whole menagerie along with other things
Glove
Many Women Think
that all silk gloves are "Kayser's"; The mistake is natural, because "Kayser's" are the original and best known. There A Way to Tell the Genuine
"look in the hem" for the name Kayser" it
muM assurance of aualitv and. reliability.
A Guarantee That Guarantees.
A. "new pair free" if the tips" wear out T . 44
before the gloves. Kayser- gloves " j .Via "stnlinaRr
coat no mrc uu " j
kind" and are worth double.
Short Silk Gloves, 50c, 75c $1.00
Long Silk Glove 75c $1.00,
$1.25,91.50 i
JaEna Karser A Co.
Everybody Don't Buy Automobiles SO WE ARE STILL FURNISHING BUGGIES, SUMYS -and PIAETOJS
to all who want nice pleasure vehicles. We handle a complete line of Davis and Union City work and will be glad to supply your needs. Call and see us.
Tnh
e m
(RLdDlH
Ids Cdinpsiiy
11-13 SoutH 4tti
413-415 Main
Mclfoimoimdl, toflMainia
(BOO
0
mi
tufa
There will be HORSES in front of you, HORSES behind you, HORSES to the right of you, and what HORSES are LEFT, DO put a saddle on them and take part in this GRAND G. A. R. PARADE. For want of a HORSE many of the town boys will have to be merely spectators, so ye of the country saddle your STEEDS and show the OLD SOLDIERS one more treat. You of the younger genera -tion owe it to them. SO COME ONE, CORST AIL AND MAKE IT S O O STEMMING - S Q) For Information, see or call Horace Iredell or mm g, wieim At Whelan's Feed and Seed Stcre
33 South 6th St
Phone 1G79
$4 ieflle fftep Far
For the next few days we will offer a limited number of suede pumps that formerly sold for $4 at the very low price of $1.48. Freely and frankly the reason for this remarkable value is that the pumps are not this season's goods. They have the same good lines," the same up-to-date styles that are prominent this year and any woman can wear them with the knowledge that they are In perfect good taste. Some of them, too, were formerly colored but have been dyed black. But any of them at this price are worth looking Into. ' 724 Haiti St
when arrested shortly before mid aiSfct.. - ...
