Word: forester
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...they wanted to, there is nothing to keep Harvard from selling the forest outright. They can sell it for lumber if anyone were foolish enough to buy it," Calvin Stillman said...
...have some responsibility in actuality and in metaphor for the preservation of silviculture. It seems highly unlikely that any work capable of sustaining the continuity of silviculture which interests us could go on without substantially more money than Harvard has offered," agreed Trow, head of the Stillman Forest Committee...
...Basically Harvard and the state might quibble over the size, but I am pleased that the principle has been accepted. A trust fund must remain with the forest. It's Harvard's obligation," said John Stillman. "We're not asking that Harvard leave the whole endowment with the forest, but now there is certainly no chance of them taking...
...according to Trow, maintenance of the forest for silviculture requires much more. "The Harvard figure is very low. The endowment stood at $1.2 million in 1950, and now it's only at $2.5 million [while the rest of Harvard's endowment has grown more than 800 percent]. It has not kept pace with the market, and it appears that Harvard has used some of that money for other purposes,' Trow said...
...possibility that Harvard has been siphoning money from the Stillman endowment, Trow said, means that the needs of Black Rock have to be considered from scratch. Trow's committee prepared a 35-page report analyzing the forest's financial needs, and determined that a multi-million-dollar endowment would be necessary to do justice to Ernest Stillman's original wishes...