Word: reproachers
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Dates: during 1920-1929
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Such a procedure would have a effect. It would forever remove the modern reproach that an University that cannot support itself is not an economic utility, but merely a parasite. And it would reserve the advantage of the endowment to those for whom the endowment was intended, by the givers, namely students who could not afford a higher education, if they were dependent upon their own resources. Surely Harvard would have no endowment at all, had it been realized that it was to be used to pay the expenses of students with $500 apartments and a Locomobile in the garage...