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