‘*
yALE ALUMNI WHEHEKLY
339
EDITORIAL.
[Continued from 338th page.]
where grass might grow and so show
off better some new building’ put up
within these latter days? Why spend
money when it cannot ever be made
a satisfactory dormitory, according
to modern ideas of tessellated pave-
ments and porcelain bath tubs?
It is fun arguing against the position
of the sentimentalist; it disappears al-
together with a few well-directed shots.
South Middle the old Yale homestead—
that is all there is to say about it, and
it is not an argument.
BI-CENTENNIAL FUNDS.
The announcement made elsewhere
of the response of Yale to the appeal
for general funds is at least not dis-
couraging. Four hundred thousand
leaves a good deal of two million yet
to come, but there are a great many
people from whom the rest is to be
secured. The remark that seems in
order about the situation is that many
people of both large and small means
have been very prompt in sending these
figures up, and in so doing they have
certainly helped things along very
much. They have allowed the Com-
mittee to make more and more definite
plans and they have encouraged others
to follow in the course of a prompt
response. The thing to do seems to
be, to do all you can right away, by
giving or by pledging. If the sum is
not what one would like to make it,
there will be time to add to it.
Those who_have not yet given and
those who have not given all they can,
have now a great opportunity to start
the new Yale along with a bound. The.
die has been cast; a new leader has been
chosen; new lines marked out by the
act of choice. A long and splendid
campaign has been brought to a finish
with great victories and the general
marching orders for another are now
issued. Let it be marked from the first
with still greater triumphs. A _ very
generous and immediate increase of the
Bi-centennial funds will show that Yale
can carry through that to which she has
set her hand. :
> eee eee
THE RESIGNATIONS.
Yale history continues to make very
fast.
the last meeting of the Corporation, of
two University officers long and con-
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This is an investment unequaled in the financial world.
Prospectus and full particulars given at the offices of
V. R. Schenck Company,
General Agents,
160 Broadway.
The resignations announced at.
spicuously in the service of Yale, help
to mark more clearly the close of a
chapter. Of the older, and the one
longest in office, Professor FE; B. Dex-
ter, it is perhaps easier to yield to his
own well known aversion to public
statement concerning himself, because
what one can say, a large part of Yale
already knows. His unusual facility in
mastering the details of University his-
tory and University statistics; the
accuracy with which myriads of facts
are brought together; the memory for
these details, as well as the memory
for faces and records and characteristics
of Yale men who have come and gone
in the last three or four decades, were
external features of common report and
knowledge. But only those who are
with this place day in and day out and
year in and. year out, and who see the
amount of unrecognized but heavy
labor needed to keep things going, and
offered by the force of personal devo-
tion—only these can appreciate what
his thirty years of service have meant.
The position of Treasurer of the Uni-
versity is one that does not bring its
occupant necessarily into personal rela-
tions with a large number of Yale men.
Mr. Farnam, like Mr. Dexter, is a
man who avoids as far as possible any
publicity in regard to himself or his
office. For all this, Mr. Farnam is very
well known. He has been conspicu-
ously before Yale men for a great many
-years, through service on the Corpora-
tion, before his occupancy of his present
position, and in other Yale activities.
He bears a name which occurs more
frequently, perhaps, in the story of Yale
benefactions than that of almost any
other family. And as to these last
eleven years of his service as Treasurer
of the University, whatever differences
of opinion there have been as to
methods and details, there has been
only one opinion as to the general re-
sults. A rare business sagacity coupled
with a fidelity in service and a pains-
taking attention to all the details of
University income and expense, have
made a result of which any financier in
Yale’s service might be proud. The
close of the term of high interest rates
has made very much less difference with
the income of the University than was
to have been feared.
The coincidence of the resignation of
these two men at the time of the elec-
tion of the new President, has, of course,
been commented on and many have
sought to make a connection of cause
and effect between the two events. The
soundness of this inference can be
denied absolutely, with emphasis. The
Treasurer and Secretary of the Univer-
sity had planned, as far back as the
announcement of the President’s
resignation, to close their term of ser-
vice with him. They announced their
own resignations at the last meeting of
the year previous to Commencement
week, in accordance with that determi-
“nation, and early in the meeting before
any action had been taken as to the
Presidency. It is a credit to them that
they had not before made known their
determination, because it would have
seemed to have made the problems of
Yale all the more -serious. The filling
of the presidential office was, in itself,
work enough and responsibility enough
and anxiety enough for the governors
of Yale. .
As these two very faithful and valu-
able officers of the University leave
their offices, they will carry with them
the gratitude of many whose gratitude
is worth having—those who are in
a position to know and appreciate what
they have done. And the company of
these men, they may be sure, is a large
company and one that increases the
more the history of the University is
known.
From one end of the land to the other, _
wherever men who demand the best are
found, Fownes’ Gloves are the recognized
standard of merit and fashion. They are
best for dress, for the street, for riding,
driving, or golfing — for all occasions and
all purposes. To wear them is to be cor-
rectly gloved.
sell them.
All leading haberdashers
YALE MEN IN THE WAR.
Three hundred Yale men in the War,
which the record elsewhere shows,
means a proportion of enlistment to
the total number of men able to see
service, in the graduate and _ under-
graduate body, much greater than that
in the country at large. This, in view
of the fact that college graduates and
students have as a rule more to sacrifice
in enlistment than others, makes the
[Continued on 34Ist page.]
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