Word: fund
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Dates: during 1880-1889
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...another column will be found an article on the College Fund, in which the writer attempts to show that no one should feel under any obligation to contribute to it. We agree, in general, with the arguments there advanced. It seems to us very advisable that if there is to be a subscription in each class for the benefit of the College, that there should be no obligation upon any one, either by the force of public opinion or otherwise, to contribute to it. The Advocate has urged those who have "enjoyed the bounty of scholarships" to pay off part...
...insurance. That there is a chronic want of money for improvements, and even for necessary expenses, is not the fault of those who manage the finances of the College, but because too little has been so devised that it can be employed for present needs. If there were funds available, it would perhaps be advisable for the College to insure itself, by yearly putting aside a certain amount - say one half of what the insurance would be - as a sinking-fund, to provide against the losses by fire which must inevitably occur from time to time...
...members of the Senior class will soon be called upon to subscribe to the College Fund, it seems a suitable opportunity to put forward a few arguments against this practice of levying a subscription upon each graduating class for the benefit of the College...
...urged that a subscription to the College Fund is a good way of repaying the College for a part of the benefit which we have received from it. This argument is plausible, but it assumes that the College has not been already paid. I cannot see that a student who pays a monopoly price of $200 a year for four years for a room which is worth $150 at the outside has any large pecuniary debt which he still owes to the College. On the contrary, I think that he should be credited with having paid already a subscription...
...course there is no reason why those who wish to contribute to the College Fund should not do so. There are some men who can contribute liberally without feeling it. But there are many who should not be asked to contribute at all. I think that nobody should feel that he is under the slightest obligation to contribute, as he is in the case of the Class Fund, or that one man should feel obliged to subscribe because another does...