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About Yale Alumni Magazine | View Entire Issue (June 13, 1900)
382 pmatiomcimemsi VALE ALUMNI WHeEKLY YALE ALUMNI WEEKLY SUBSCRIPTION, - $3.00 PER YEAR. Foreign Postage, 40 cents per year. PAYABLE IN ADVANCE. Single copies, ten cents each. For rates for papers in quantity, address the office. All orders for papers should e paid for in advance. Checks, drafts and orders should be made payable to the Yale Alumni Weekly. All correspondence should be addressed,— Yale Alumni Weekly, New Haven, Conn. The office is at 1016 Chapel Street. ADVISORY BOARD. WILLIAM W. SKIDDY, '65S.,......... New York. C, Purpy LINDSLEY, 75 S., ......00- New Haven. WALTER (CAMP, (OG. 5ccs5c5 <0 oiels ms ore New Haven. WILLIAM G. DAGGETT, ’80, .......0; New Haven. JAMES R, SHEFFIELD, °87,........02- New York. JOHN A. HARTWELL, 89 5.,........2. New York. Lewin S. WEIS, 'S6F5. 2... sca gess New Haven. EDWARD VAN INGEN, ’o1 S.,......0-- New York. FUMMEMISIS s ORL diu wt voc Qe cducdedes ah New York, EDITOR. LEwIs S. WELCH, ’89. ASSOCIATE EDITOR. WALTER CAMP, ’80, ASSISTANT EDITOR, E, J. THOMPSON, Sp. NEWS EDITOR. PRESTON KUMLER, 1900, ASSISTANT BUSINESS MANAGER. BURNETT GOODWIN, ’g9 S. Entered as second class matter at New Haven P. O. NEW HAVEN, CONN., JUNE 20, 1900. TO ALUMNI RETURNING TO HAVEN. The alumni who come back to New Haven this month or at any other time are asked, not only to make use of the ALUMNI WEEKLY office in the way of securing information, but to make it in any further way a convenience to them. The office is on the third floor of Chase & Company’s building, opposite the Chapel Street entrance to the Cam- pus. One of the rooms on this floor will be used as a room for alumni, as far as they wish to avail themselves of it. They may leave their valises there when they come to town, while they are looking up their quarters; may write letters, telephone or telegraph, and may secure there information about the class reunions and the different events. NEW <>» Li» > at YALE ROWING. The management of the Yale Crew, for the past two years, has been faced with perhaps the hardest problem that has appeared in all Yale athletics. A com- bination of circumstances had left the Yale rowing interests in a most unsatis- factory condition. The work had to be begun anew. vard had been climbing and Yale, start- ing from the bottom, could not catch her ithe first year. Whether she ‘tan catch her this year is a matter of as much doubt as all boating problems are. Almost everybody says that it is im- possible. All agree that Harvard’s crew to-day is rowing very fast. The talk at New London and New Haven, and as far as we know, at Cambridge, is ali of the Crimson. The only feeling which we have in the matter is that the Yale Eight are good men, ‘that they have had good coaching, and that there is a great deal of power in the boat. Whatever may be the isstte, we expect to see worthy Yale rowing at New Lon- don on the 28th, and shall be very much disappointed if this hope is not realized. This condition of things is, in itself, a great tribute to the work Dr. Gallau- det and Captain Allen have done in the last two years. Dr. Galaudet’s work has been recognized from the first as a valuable and a most unselfish contribu- tion to Yale interests. It is now seen —t» be a very strong link in the new chain In the meanwhile, Har- © -Yale ‘ graduate, is for the swift cure of this They desire “earnestly that the . of unity and system which is drawing together and making stronger the athlet- ics of Yale. We beg to congratulate Dr. Gallaudet, and also Captain Allen, who has worked so faithfully and so ably with him, on the condition which has already been reached. There is much yet to be done. A new boat house and many times the number of boats and oars, and other equiment, are some of the things which Yale ought to have right away. We believe the undergraduates themselves can help towards this another year to a wonderful extent, while the graduates are building and equipping Yale for her Bi-centennial. In fact, we should be delightful to see some such work made the special labor of Nineteen Hundred and One. But however it is done, if the future course in the development of Yale row- ing is as well taken as that followed by Dr. Gallaudet and Captain Allen in the last two years, all will be well. In the meanwhile, we look confidently for good Yale work on the Thames next week. > an aD SOPHOMORE SOCIETIES. To allow four more months to con- sider plans for straightening out the Yale Society system, is to give all the time the most exacting and deliberate could demand for working out the problem. Whether this time will be profitably used depends upon the way in which the present members of the societies look at it. If they let themselves think that the matter is put off definitely or indefinitely, and that when they get back to New Haven they will begin to think it over again and appoint a new committee of conference between the societies and work at it from week to week, they will surely let the situation again become acute and subject Yale to another series of internal struggles. To let the thing pass at all into the future is very dangerous. It is time to state this fact as strongly as possible. The vacation season is given for vaca- tion; but it is also given for recon- sideration and forethought. If the men in control of the Sophomore societies to-day do not come back to New Haven next Fall practically agreed upon a plan and ready to execute it, they may expect more trouble in Yale, and they will be responsible for it. We have tried from the first to impress the idea that, when there is trouble in the community, in the last analysis the responsibility rests with those who have been given the positions of responsibility and power. As to the Faculty, they consider that they owe it to the undergraduates to give them this amount of time to work the thing out. They do not propose to antagonize the Society members, and they have certainly gone to the limit of fairness in this respect. If the men who have this matter in their hands— that is, the members of the societies— are not ready to meet it next Fall, they will finally prove that they are entirely unfit to discharge the greatest work that has come upon Yale men in many col- lege generations. We beg to assure the Faculty that if this condition is realized, they need not be afraid of antagoniz- ing the best undergraduate sentiment by proceeding to‘act. The majority of sentiment, undergraduate and evil. undergraduate members of the societies shall act, but they desire most of all that action shall be taken. It will not be possible, should this radical step be necessary, for men to continue secretly Organizations against which the present agitation has been waged, without plac- ing themselves squarely against the best interests of Yale. We would be sur- prised if such a stand were not at once overwhelmed by a tide of adverse senti- ment. We believe it is time to speak thus frankly. We still cherish strongly the hope that those who ought to do this work will do it, and that Yale will be united again when another year opens. i ae NEW EDITORS OF THE ‘*NEWS.’’ We beg to congratulate the men who have received elections to the Yale New Board. They have won their place after a competition quite remarkable for the high standard of work of all the competitors. We trust that those who did not win their places this time may seek and improve a later opportunity, for there was certainly excellent ma- terial among those who did not secure places this time. <i Lr ee THE “NEWS’’ AND THE “WEEKLY.’’ The choices made at the election of Yale News officers from the incoming Junior class, we consider an. occasion for congratulating the News. We take the opportunity to express our hope that the next year may still see the relations of the News and the ALUMNI WEEKLY close and harmonious, as in the past. Vare |v SCHOOL For circulars and other information apply to Prof. FRANCIS WAYLAND, Dean. Guaranty Irust Co. of New York. NASSAU, CORNER CEDAR STREET. CAPITAL. = - - - $2,000,000 SURPLUS, = - - - $3,500,000 ACTS AS TRUSTEE FOR CORPORATIONS, FIRMS, AND INDIVIDUALS, AS GUARDIAN, EXECUTOR, AND ADMINISTRATOR, TAKES ENTIRE CHARGE OF REAL AND PERSONAL ESTATES, INTEREST ALLOWED ON DEPOSITS subject to cheque or on certificate. DRAFTS ON ALL PARTS OF GREAT BRITAIN, FRANCE AND GERMANY BOUGHT AND SOLD. COLLECTIONS MADE, TRAVELLERS’ LETTERS OF CREDIT AVAILABLE IN ALL PARTS OF THE WORLD, AND COMMER- CIAL LETTERS OF CREDIT ISSUED. WALTER G. OAKMAN, President. ADRIAN ISELIN, JR., Vice-President, GEORGE R. TURNBULL, 2d Vice-President. HENRY A. MURRAY, Treas. and Sec, J. NELSON BORLAND, Asst. Treas. and Sec. WM. C. EDWARDS, 2d Asst. Treas. and Sec. JOHN GAULT, Manager Foreign Dept. DIRECTORS. Adrian Iselin, eS Augustus D., Juilliard, James N, Jarvie, Richard A. McCurdy, Levi P Morton, Alexander E, Orr, Walter G, Oakman, Henry H,. Rogers, R, Somers Hayes, H. McK. Twombly, Charles R. Henderson, Frederick W. Vanderbilt. Harry Payne Whitney. Samuel D, Babcock, George F. Baker, George S. Bowdoin, August Belmont, Frederic Cromwell, Walter R. Gillette, G. G. Haven, E. H, Harriman, LONDON OFFICES, 33 LOMBARD STREET, E. C. 60 ST. JAMES STREET, S. W. Buys and sells exchange on the principal cities of the world, collects dividends and coupons without charge, issues travellers’ and commercial letters of credit, receives and pays interest on deposits subject to cheque at sight or on notice, lends money on collaterals, deals in Ameri can and other investment securities, and offers its services as correspondent and financial agent to corporations bankers, and merchants. Bankers, F BANK OF ENGLAND, CLYDESDALE BANK, Limited. NATIONAL EROVINCIAL BANK OF ENGLAND, Limited. PARR’S BANK, Limited. Solicitors, FRESHFIELDS AND WILLIAMS, London Committee, ARTHUR JOHN FRASER, Chairman. DONALD G. HALDEMAN. LEVI P. MORTON. “NOT FOR MONEY.” Professor Agassiz, the world-re- nowned naturalist, was asked on one occasion to deliver a certain course of lectures, and he declined, saying that his other engagements forbade it. The lecture agent thought to overcome his objections by offering him a very large sum for the lectures, and the eminent scholar, never dreaming that his words would become famous, replied, with great simplicity: “I cannot afford to work for money.” His utterance, simple as it was, has been held up as the plain, direct state- ment of one of the finest sentiments of modern times, and so, doubtless, it was, but a correct appreciation of it is neces- sary to prevent its being taken for a priggish affectation. What he meant was that he was engaged in matters so important that any distraction from them for the sake of money-making only would be a misdirection of his energies. It was not an under-valuation of money, but a clear conception of the importance of his science that prompted the remark. It was nevertheless true that Profes- sor Agassiz’s work had a great money value, greater, in fact, than it could have had if he had undertaken it for the sake, merely, of the money he could . accumulate for his own use. And this is commonly true of any great work that is carried on for the sake, primarily, of the principles involved, while the mone- tary results are held strictly as a secondary consideration. It is incon- ceivable that the Bible could have been written for the sake of the profits of authorship, but a copyright on it, if one could be obtained, would be worth a thousand times as much as that on any other book the world has ever seen. The true principle seems to be that when a work is carried on for the sake of something higher and nobler than the making of money, the money-making possibility follows to a much greater extent than is possible in any mercenary undertaking. One of the best possible examples of this is the great business of life insurance. If the accumulation of money by those who have the busi- ness in charge be the primary object sought, it is highly improbable that any very enormous results could ever be attained. When the main purpose of a life in- surance company, however, is to furnish the most absolute protection possible to all its policy-holders alike, the accumu- lations of the business are likely to be- come so great as almost to stagger be- lief. And when every dollar of. this accumulation is devoted carefully and conscientiously to strengthening the pro- tection thus afforded, the business in- creases by reason of its character, and so the accumulation continues to in- crease. : : | In the case of THE Mutua. Lire of New York, unquestionably the leading life insurance company of the world, if the business had been undertaken or should be carried on with pecuniary gain as its prime object, it could never have reached its present proportions. By steadfastly holding the benefit of the policy-holder as the prime object, and subordinating all other considerations to that, and by carefully holding all ae- cumulations for the actual mutual bene- fit of those policy-holders, it has accumu- lated a larger sum than is so held by any other company in the world. Please mention the paper in doing business with advertisers. $$$} 6466464646666 46464666 6464644666466 6466466646466463666 PP PPP POP OT UU UV UUW WY YY |} PROPERTY | is most valuable where it is best pro- tected by law. This is what makes so valuable a policy in the OO POET DD FSP ON SU ty ee ee re POT Te Os POS OE OSD TPO er te dn te te lO Ol a, = 4 : “a RES } CE? Vee — AS | b \ SG Rew RGR L ‘ eee * NK SEES ji Massachusetts laws protect the policy-holder. Some interesting literature, includ- ing the forty-eighth annual statement, sent on application to HENRY M. PHILLIPS, Secretary, SPRINGFIELD, MASS. IS OSD OS Te DEP POs BS PR i i nl 644446644 B 7@ 4
