Word: shattuck
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Dates: during 1950-1959
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While earning a 5.05 percent rate of return in 1953, Cabot paid into the endowment funds only 4.6 percent, with the remainder being set aside in an unapportioned income reserve. The percentage to be paid is announced in advance each year under a system devised by Henry L. Shattuck '01, one of Cabot's predecessors. The rate has climbed from 4.0 percent...
While earning a 5.05 percent rate of return in 1953, Cabot paid into the endowment funds only 4.6 percent, with the remainder being set aside in an unapportioned income reserve. The percentage to be paid is announced in advance each year under a system devised by Henry L. Shattuck '01, one of Cabot's predecessors. The rate has climbed from 4.0 percent...
...Shattuck's procedure, which provides for building a reserve in good years and withdrawing from it in had ones, has two advantages. In the first place, it makes budgeting easier because of the previously announced and promised return, and secondly, the reserve fund relieves the pressure on the treasurer. As of last June, there was over nine million dollars in this unapportioned balance--just a few thousand dollars shy of the Treasurer's goal...
While Schuyler's play illustrates the danger of triteness, The Man Who Walked in a Ray of Sunshine, translated by Roger Shattuck from the French verse of Rene Char, shows how an interesting idea can be obscured by too conscious a striving for economy. Set at the gates of Heaven, the play concerns a cocky young man who dances to seduce an angel sent to judge whether he is worthy of admission. He fails; she dances away and lets him fall, and a jury of humans, sitting outside the gates, exits in disgust at the rejection of its fair-haired...
Chairman of the Hygiene Committee is Charles R. Cherington '35, professor of Government, who replaced Henry L. Shattuck '01 in that post when Shattuck resigned last fall to head a government committee on German was prisoners...