Word: moneyed
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Dates: during 1890-1899
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...Yale's greatest need is an income for general purposes. Most of the endowments and legacies are confined to specific uses, so that, while each year the university grows richer in new buildings and special scholarships, she continues to need money more and more for operating expenses. This association undertakes to collect $10,000 to $12,000 per annum for use in any department. The fiscal year ends in June and we have only about $2500. It will be observed that $10,000 per annum is equivalent to an endowment of $200,000 bearing 5 percent interest...
...undersigued, voters of the State of Massachusetts, call upon Congress to enact such laws as will secure to the people a full legal tender national currency that shall be independent of the money dealers. As a first step, they call for a restriction of silver to its relative value to gold that it so long held in the exchanges of the world...
...circular outlining the plans will probably be issued and sent to as many of the graduates as can be reached, and if the feeling among the latter proves to be as favorable as it has thus far appeared, the committee will probably proceed at once to raise the necessary money...
Some years ago J. H. Armstrong deeded a considerable property to Union College, but retained a life interest in it. This January he died and by his will added to the gift, which now amounts to $100,000. It was Mr. Armstrong's wish that the money be devoted to the department of sociology...
...regards relief from privation. Some take the view that in the social struggle the very people who ought to, perish; that both private and public charities are an injury and that men have no right to take the hard earned money of some and give it to the less fortunate. Others, who go to the other extreme, desire that there should be an equitable distribution of goods. But this is pure idealism and we all know that human nature makes this idea impossible. Between these two courses the state must steer an intermediate course. The large sums expended annually...