Word: bequest
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Harvard University is exceedingly grateful for Mr. Wyeth's bequest of, according to press reports, approximately $5,000,000, which was made, as so few gifts to the University are made, with no conditions attached to its expenditure. But in leaving Harvard so large a sum "without strings". Mr. Wyeth has also bequeathed upon Harvard a great responsibility. Where and how can this money be used to best advantage...
Undoubtedly there are many who would like to see Mr. Wyeth's bequest devoted to constructing more buildings. In Physical equipment, the University ranks high among other institutions of the country. It must be admitted, however, that there are a number of directions, in which portions at least, of Mr. Wyeth's bequest might be applied. The use of large sums of money for the Biological Institute is being held up pending the raising of further funds by the University. There are similar situations in other fields. A new fireproof building is sorely needed by the astronomical department...
...Swede Nobel's bequest was $9,000,000. Every year 68% of the income is available for prizes; 22% for "expenses." The remaining 10% is added to the slowly increasing fund. Original Nobel Prizes in 1901 were $40,511. After the War they declined to a low of $30,802 in 1923, due to high taxes and depreciation of the Swedish kronor. This year for the first time Sweden has taken most of the taxes off the Nobel Fund, a deed of grace long stormily debated...
Thanks to the generous bequest of John W. Sterling Y'64 and the helpful co-operation of his trustees, we have been enabled to begin the first of the new buildings to supply dormitory needs for Freshmen. This is the structure about to be erected on Elm St. between York and High. It will be impossible to complete the central portion until the new gymnasium is erected and we can take down the old one. This, we trust may be possible in the very near future...
...this prize must be written for four or more voices, with or without solo parts and accompaniment; the words may be in any language, and either sacred or secular. The manner and methods of Mozart or Cherubini in their Masses is, however, recommended by Mr. Boott in its bequest...