mn
Yale’s Overshadowing Need.
[New Haven Register. ]
There is no secret of the fact that the
great need to-day of Yale is money.
There is no more expensive thing im-
aginable than higher education, and it
can exist only where a liberal endow-
ment is joined to the willing self-sacri-
fice which culture demands. It not only
amazes one, but it frightens one when
it is recalled what vast sums of money
are being given every year to institu-
tions of learning which a few years
ago were unheard of. The University
of Chicago has literally sprung from
the dust like a fairy. Millions roll
into her coffers as thousands do into
the coffers of Yale. Harvard has al-
ready secured an endowment, which
guarantees her against loss from com-
petition. Columbia is still in need of
tunds, but it can not be questioned
that the citizens of New York will at
the proper time give her all she re-
quires. The- graduates of Princeton
and of Cornell are seeking to make those
institutions strong enough to withstand
the increasing influence of the new col-
leges. It almost seems, as one runs
over the list of bequests for the last
few years to all institutions of learning,
as if Yale had been positively neglected.
The Dwight administration was more
successful than any that preceded it
in adding to the equipment of the old
college, but even so, there was no such
exhibition of generosity on the part of
Yale men, to wkom the University he:
the right to turn, as there was on the
part of men accredited to other institu-
tions. Dr. Hadley must have these men
well in mind when he states that he ex-
pects $2,000,000 to be the fund raised
by graduates, $1,500,000 more than has
os far been raised after persistent ef-
ort.
It should be clear to the commonest
mind that if Yale fails to obtain the
endowment she needs to more and more
broaden her scope and add to her fa-
cilities, and to retain and acquire the
services of the most eminent instructors
and original students, she must give
up her present eminence and content
herself with an inferior position. Unless
she can offer, in these very particu-
lars, inducements which the newer
Universities can not offer with twice
the endowments, the popular support
must go more and more to other neigh-
borhoods. Yale and Harvard have over
all other institutions the natural advan-
tage of prestige and tradition, but under
modern conditions these count for less
and less: unless the power to add each
year to their practical achievements is
liberally supplied. This is not a pessi-
mistic view of Yale’s present condition
and future prospects. We believe it to
be the very basis of the remarkable
trip taken by her young and progres-
sive President. Harvard, as we have
already said, is safe, but what a blow
it would be to Connecticut and New
Haven to have her known as the single
first-class universitv in New England.
We do not say that this is probable, be-
cause we have great and growing faith
in the outcome of Dr, Hadley’s trip, but
we do say it is possible. Every dollar
added to the treasury of the Chicago —
University and every dollar withheld
from the treasury of Yale. University
weakens the latter in a section of the
country where she is strong and where
she ought to grow stronger. It is not
a question of fearing the dollar that
goes to Chicago. but dreading the fail-
ure of the dollar to reach New Haven.
We do not presume to advise the very
wise and able administration of Yale,
but we can at least state, as a matter
of fact, that it is a conviction among -
many well informed Yale men, that the
i EIS i
THE GOODNESS of
KEEP’S SHIRTS
consists of so many. things that they
are difficult to describe. Briefly they
are made by skilled work people, of
best materials, in one of the most com-
plete factories in the trade.
Ready made, $1.00, $1.50.
Made to measure, six for $9.00.
If laundered, $1.00 more.
KEEP MFG. CO.,
B’way, bet. 11th & 12th Sts.
We have no other store in New York.
Seer oe Se SeSeSese
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J. F. HAVEMEYER,
YALE ALUMNI
actual condition of the University should
be stated in such unequivocal terms that
those within whose easy ability it lies
to put Yale forever beyond danger of
being passed in the race for préemi-
nence, may be stirred to make the neces-
sary gift.
—_——__+o___-
Eighteen Yale Representatives.
Since the publication of the list of
Yale men in the Fifty-fourth Congress
in a recent number of the ALuMNI
WEEKLY, it has been pointed out that two
important names were omitted from that
list, those of John Kean, ex-’76, who
was elected to the Senate from New
Jersey, January 24, 1899, and James W.
Wadsworth, of Geneseo, N. Y., who
was elected to the House of Repre-
sentatives last Fall.
This gives Yale eighteen men in the
two houses, six in the Senate and twelve
in the House, a total of three more than
Harvard, her nearest rival.
John Kean, who was elected to the
Senate from New Jersey, Jan. 24, 1808,
was born at Ursino, Union County,
N. J., Dec. 4, 1852. He came to Yale,
but at the end of Sophomore year
decided to study law, and, leaving Yale,
he entered the Columbia Law School,
graduating in 1877. Two years later he
was admitted to the New Jersey bar,
but on account of the pressure of busi-
ness affairs he never practiced. He was
director of the State National Bank in
1877, and later Vice-President and Presi-
dent. Among many important business
connections he was made First Vice-
President of the Manhattan Trust Co. of
New York, in 1893. Yale gave him the
degree of M.A. in 1890. He was elected
to the 48th and 50th Congresses and in
1892 was chairman of the Republican.
State Committee of New Jersey.
James W. Wadsworth, to whom Yale
gave the degree of M.A. in 1898, was
born in Philadelphia, Oct. 12, 1846. He
prepared for Yale and entered the Shef-
field Scientific School in a special course,
but after a short time there he left and
went into the army, serving on the staff -
of General Warren until the Civil War
ended. He was elected supervisor of
the town of Geneseo during 1875,
1876 and 1877, and was a member of the
State Assembly in 1878 and 1879. In
1880 and 1881 he was comptroller of the
State of New York. He has been
elected to the 47th, 48th, 52d, 53d and
the present Congress as a Republican.
ee eS Se
A proposition has been made at Har-
vard to enclose the college yard with a
memorial fence, sections of which are
to be contributed by the various college
classes. The Bulletin reports that much
interest is shown, by the inquiries from
the class secretaries.
Passports.
Procured through New Haven Custom
House in three days.—ddv.
KERBOo
\G K.
«TRUST CO. <p
234 Fifth Avenue. 66 Broadway.
Safe Deposit Vaults at Both Offices.
OFFICERS:
CHARLES T. BARNEY, President. ‘
FRED’K L. ELDRIDGE, 1st Vice-President.
JOSEPH T. BROWN, and Vice-President.
ALFRED B. MACLAY, Secretary and Treasurer.
FRED’K GORE KING, Asst. Sec’y and Asst. Treas.
WM. B. RANDALL, Trust Officer.
BROWN BROTHERS & C0.,
No. 59 WALL STREET,
Buy and sell bills of exchange on Great Britain,
the Continent, Australia
Saale and South Africa, make cage «a
oe cable transfers of mone
and collections of drafts for all parts of the world.
PHILADELPHIA, BOSTON, BALTIMORE,
A. Brown & Sons.
Aut CoNNECTED BY PRIVATE WIRE.
W. F. ForEPAUGH
Yale °96 S. Yale ’06 S.
J. F. HAVEMEYER & CO.,
LUBRICATING OILS AND GREASES.
84 BROAD STREET,
NEW YORK.
The ALUMNI WEEKLY advertisers are
chosen most carefully. They are com-
mended to you for such business im
their lines as you may profitably trans-
act. In dealing with them please be
sure to mention the paper.
WEHEEKLY
reer th Oe es
When it comes to ordering gloves
thousands of the best people in the
world ask for FOWNES, as a matter of
COUrSE.
that it is almost superfluous to go into
them.
PALO LOLS AVS SD ASD SS
CLARENCE S, Day & Co.,
40 WALL STREET, NEW YORK.
Successors to GwyNnNE & Day.
Established 1854.
Transact a General Banking Business, and, as
members of the New York and Chicago
Stock Exchanges, execute orders in Stocks
and Bonds in both markets. Deposits
received subject to draft and _ interest
allowed on daily balances. Dividends and
interest collected and remitted.
INVESTMENT SECURITIES.
CLARENCE S. Day.
CLaRENCE S. Day, Jr., Yale, ’96.
Gro. Parmuiy Day, Yale, "97.
ADAMS & CLARKE,
BROKERS AND DEALERS IN
STOCKS, BONDS AND INVESTMENT SECURITIES,
66 Broadway, New York City.
Thatcher M. Adams, Jr., Yale ’g5 S.
MEMBER N. Y. STOCK EXCHANGE.
Thomas Ludlow Clarke, Yale ’o7.
Thatcher M. Adams, Sr., Yale ’58, Special.
LONS DISTANCE TELEPHONE 2207 FRANKLIN.
Importunity
Is often the controlling factor in deciding a
form of life insurance. It is made
worth while to the agents of some com-
panies to live with a man until he sur-
renders. We prefer to offer facts and
rely ona man’s independent judgment.
Can’t we send you figures?
PHOENIX MUTUAL
LIFE INSURANCE CO.
HARTFORD, CONN.
J. B. BUNCE, President.
JOHN M. HOLCOMBE, Vice-Pres’t.
CHAS. H. LAWRENCE, Secretary.
The habit was most naturally
formed and is most naturally held to.
The reasons for it are so well known
223
CuHas. ADAMS. ALEX. MONEILL.
Yale ’8%.
Ww. S. BRIGHAM.
Yale ’87.
ADAMS, MCNEILL & BRIGHAM,
BANKERS & BROKERS,
71 Broadway,
New York.
Members New York Stock Exchange.
Stocks
and Bonds Bought and Sold. Investment Securi-
ties a Specialty.
‘‘ Long Distance Telephone, 2976 Cortlandt.”
LEOPOLD H. FRANOKE.
Yale ’89.
ALBERT FRANCKE.
Yale 791 S
L. H. & A. FRANCKE,
BANKERS AND BROKERS.
50 Exchange Place,
- New York.
Members New York Stock Exchange.
Buy and Sell on Commission Stocks and
Bonds dealt in at the New York Stock Ex-
change.
Also Miscellaneous Securities not
listed on the Stock Exchange.
Long Distance Telephone, 1348 Broad.
When you are writing or talking to
YALE. ALUMNI
WEEKLY
advertisers,
please mention this paper.
OMPANY.
~ NewYork.
GEORGE E. Ipe, President.
EUGENE A. CALLAHAN,
General State Agent of Connecticut,
23 Church Street. New Haven.
Insure in—————.
NATIONAL FIRE
Insurance Company of Hartford, Conn.
Cash Capital, $1,000,000.
Assets, Jan. I
, 1899, $4,642,499.73.
James Nicwo ts, President. | ,
E. G. Ricuarps, Vice-President and Sec’y.
B. R. Stititman, Asst. Secretary.
. James, 174 LaSalle St., Chicago.
ee ee keral Agent Western Department.
G. D. Dornin, 109 California St., San Francisco, Cal.
Manager Pacific Department.
Local Agents in all principal places in the
United States.
——
> —=>
=—— —
— = SS
= WH er" \ a
= WU N AR =X WCE
i \
as
W. H. KING, Secretary.
WESTERN BRANCH,
4\3 Vine St., Cincinnati,
HWESTERN BRANCH,
saat Omaha, Neb.
IFIC BRANCH,
acre San Francisco, Cal.
INLAND MARINE DEPARTMENT.
Incorporated 1819.
Cash Capital, - -
Cash Assets, - -
Total Liabilities, -
Net Surplus, - -
Surplus as to Policy Holders,
Losses Paid in 81 Years,
“The Leading Fire Insurance Company of America.”
: Charter Perpetual.
$4,000,000.00
13,019,411.20
3,861 ,796.13
5,157,615.07
9,157,615.07
85,644 ,084.50
F. ©. WEEKS, Vice-President.
A. C. ADAMS, HENRY E. REES, Assistant Secretaries.
; KEELER & GALLAGHER,
O
General Agents.
._ H. WYMAN, Gen’l Agent.
We HS REORD, Ass’t Gen’l Agent.
BOARDMAN & SPENCER
General Agents.
CHICAGO, Ills., 145 LaSalle St.
NEW YORK, 52 William St.
BOSTON, 95 Kilby St
PHILADELPHIA, 229 Walnut St.
