Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-06-15
general brakes VIII.
1t Has Not Been Made and Drake
University Is Not His
Heir.
Former Governor Talks About the
School he Has Befriended-
Its Growth.
What General Drake Has Done for
the Uniyersity-The Iowa
Campaign

the University The Iowa
Campaign.
Specia! to Times Republican.
Des Moines, June 15-.sI have made
no will whatever" declared Gen. Drake
yesterday, in speaking Of the report that
he was to make the university that
bears his name joint heir with his
Ichildren in the division of his estate af-
ter his death. Il have not contemplated
making such a will" he continued, "and
i even il had would not have told
sl.anybody about it. Il prefer to give what
i have to give the university while I
am alive and can see how the money is
spent. have already given the univer-
sity more than all of my six children
4 put together, and wouldi8take that in
q to account IL We're making q will. I
have given each child $4,000 upon his
or her marriage or coming of age, and it
would be unfair TO my family We're ] to
. undertake to give the university any
such sum as it has been reported I
q would give.
II consider that Drake University is
n the best Investment that | ever made.
Money is valuable only for what 1t will
accomplish, for the happiness it will
y bring. and it has given me more happi-
ness to help these young men and wom-
en- to get an education that could have
gotten out of this moneyin any other
way. What am most anxious about
II mn {S,tf fn cot nth ores ;rf fav TOD
myself. / think it is not good for the
Institution for me to have a controlling
interest in it. don't want to own
: Drake University. 1 don'twant to have
more than fourth Interest in 1t. I
want others to be sufficiently interested
= that when am gone they will look af-
q tier its affairs and keep it going, attend
to its business management and see:that
! It's endowment fund earns a good in
) come. This is my chief concern. so l have
said to the trustees5that will put $25,-
000 with every $4,000 they can raise to
add to the endowment fund. ] want to
see it brought up to a quarter of a mill
lion within a year. and then 1t will be
easier to bring it up to a million. After
1t has reached that point II will grow
stronger every year, because men who
have money to give for education will
( Iput it where they think it is safe. They
. Twill not give it to an institution that
may die.
"Our prospects are the very brightest.
. About a year ago we commenced trying
to pay "a debt of s65.o0O which had ac-
formulated during the hard times.
then gave my check for $4,000, half this
debt, on the condition that the other
half should be guaranteed to be paid
And it was guaranteed and all but sl4
900 has been cleared UP. That viii be
raised Within the year and we VIII start
with !. clean score. We have arranged
to keep up the teaching force in the
university and to strengthen it. The
s25,Oo0 given by Mr.. and Mrs. Toof OF
New Haven. Conn, Will be used in the
Bible department of the university.
Drake University is, as its generous
y founder has stated. in excellent condi-
ticn. The present acting head of the in
stitutior. DR.. William Baird Craig, is Z
lstrong man and is doing a great work
here in Des Moines. He mas mad.
many friends for the university and ad.
ded nota little to its prestige. He is q
y modern, progressive man with liberia
Q and vigorous ideas. The new auditor
Y um. the last benefaction of Gen. Drake
& which has a seating capacity of from
d ], 500 to 200. depending upon how close
nly 1t is seated. has added very much Il
IS the efficiency of the institution and is s
VALUABLE acquisition TO that part of th'
"a city The students of the university
Iexhibited then, affectionfor 1t and theil
appreciation of the gift by contributing
y 5000 toward the interior decoration
while Drake is not a Harvard nor ye
h as strong az the StateSTriversity, it il
: doing wonders with the means at it
Ir disposal. The endowment fund at pres
IS ent is only $l50.G0o. While the State Uni
.e versity has 4 support fund of 100000
s. ANNUALLY. the equivalent of an endoM
h ment of S5,0OO.0O0. The standards o
Drake are high and the work it does i
thorough. The institution brings int
the life OF many a young person III
II Hight that would never reach it by wa,
MI of the greater and more ambitious AM
lie more expensive institution.
N 80
Z Chairman Weaver. Of the republica
ar state committee, was in town yesterda
d q few hours on his way to Philadelphi
to attend the republican national con
venton. Mr.. Weaver has the work @
organization we'll under way, and is al
y ready in correspondence With many g
ID the state speakers, finding out whe
I'd they will be at liberty to work in th
T. under the direction of The re
g publican state committee. He will b
4 glad to hear from the speakers who ar
4 able and willing to work in this year
icampaign. II they have not heard fror
him. they should report to their count
:. chairman. by whom the lists are fui
:. nished. The poll books for the prelimi
p nary canvass will be ready in about tw
weeks and it is, highly important tha
this preliminary canvass shall be thor
= oughly and accu6ately made. NJ
e Weaver wants to get in touch with a
Il the thousands of local workers in til
d Estate as early as possible so that ever
one OF them and every community
p the state, every voting precinct, will II
s. ceive the attention which the state CON
mittee will be prepared to give. 1t wi
r be altogether the fault Of the local con
le mitteemen II they miss anything III
b state committee has to give out, becaus
is II the lists OF committeeman are sur
piled they will be furnished with every
is thing that isl going, and in presider
II tial campaign q great deal2of asristan,
% Is rendered the local workers by Il
u state organization. Mr.. Weaver is keeI
Ing absolutely clsar Of all conterts 4