Word: endower
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...alumni of Princeton College have been making strenuous efforts to raise the money required to found the three new professorships in the proposed School of Philosophy. It is believed that if the graduates of the college succeed in raising $60,000 to endow one chair, to be known as the "alumni chair," the money to endow the other two chairs will be given without delay. A committee of the alumni have prepared a circular setting forth the generally prosperous condition of the college and requesting gifts for the "alumni chair...
Frederick Marquand of New York city has given $60,000 to endow the Princeton University Art School. Dr. McCosh says that four chairs in the school of philosophy are to be endowed...
...speaking of endowments the writer very justly says: "It is a pity that the donors could not be judicious as well as liberal. Nearly all their gifts have the same vicious quality that has hampered the endowments of our colleges from the beginning; they are specific instead of general." He adds: "What our colleges stand in urgent need of is funds for general purposes, money which the trustees can apply where it is most needed." Finally he comes to the conclusion that it is becoming the fashion to endow the student instead of the professor, and that these scholarships, memberships...
...proved - and proved, too, by authorities which no American college of high or low degree has a right to disregard. The sooner Harvard University admits women upon exactly the same terms with Oxford the better for her reputation for intelligence and usefulness. Meanwhile, if any generous person proposes to endow the annex, he may well consider the sweet reasonableness of waiting until the system is adjusted upon the principles of sound common sense. Instead of providing funds to pay the professors for their extra lectures, the just and wise course would be to endow a hall of residence...
...Halloway, an Englishman, has given $2,000,000 to endow an institution for the higher education of women...