The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-04-19
DE PAW ALUMNI DINNER
ANNUAL REUNION AT THE DENIsON
4 NOTABLE AFFAIR.
chancellor Hickman shows that the
University Is Getting on Its
Feet-AIumni Officers.

The annuel reunion and dinner of the
indianapolis DE- PAW Alumni Association
was held last night in the Denison Hotel.
The banquet was served in the main din
ing room on tastefully decorated tables.
the colors of many classes being prOmi-
nent. One hundred and twenty of the
! graduates of the Greencastle college were
present. Preceding the dinner the bust
ness meeting of the association was held.
at which the following officers were re-
elected: President. DIR. Frank b. Wynn;
secretary, Myrtle Smyser; treasurer, Au-
gustus l.. Mason; executive committee,
Charles A. Dryer, a. l.. Lockridge, r. o..
Hester. Willitts A. Bastian, F. a. Preston
and Dwight S. Ritter.
DR.. Frank b. Wynn presided as toast
master. The toasts were: 1.-The Ladies, ="
George c. Calvert; The Gentlemen" Mrs.
a. Lockbridge; Brain or Drawn" Charles
F. Coffin and Frank L. Littleton; 'Senti-
ment as a Factor in the Life and Growth
of the University Rev. w. r. Halstead;
"Our Alma Mater Eli f. Ritter; ''The
Faculty DR.. H. A. Goblin, and tt FL
nancial and Business Outlook of De
Pauw," DIR. w. H. Hickman. chancellor of
the university. AS a review of the work
which has been accomplished toward plac-
ing De PAW on its feet. and as "A state
ment of what is still necessary, DR.. Hick-
mans address was noteworthy. He said:
Some wise men counseled a few years
ago that De PAW should suspend for a
season, TO reset and strengthen endow-
ments. One wise man, well known in these
circles, thought ii was better TO take that
course. But De PAW never suspended.
The critical period has passed. De PAW
University will never lower her colors. She
has taken deep root in the soil. She has
had her day of discipline and severe trial.
She will come forth from her fiery ordeal
with more vigor, better discipline. better
heart. more friends than ever before. She
will be better rooted in Indiana soil. 1 do
not hesitate to say De PAW University is
stronger and richie for the experiences of
the last six years. She has one of the best.
if not the best, board of trustees she ever
had, and has vastly more money represent
ed by the board than ever before. She has
entered upon business methods approved by
the wisest and strongest financiers. En-
dowments are sacredly guarded, the Union
Trust Company of this city being the Gus
todians. Current expense funds is kept at
Greencastle by the Central Trust Company.
The two funds can never be involved with
each other.
REASON FOR MAINTAINING 1T.
Indiana Methodism understands clearly
that there is a greater reason for maintain
ing this Christian university than there
was for founding it. They understand
wei NA0N AZ AAiAO ~ NAC IN VI - NN0A
ling. Within "a radius of $50 miles of De
Pauw University are at least six great
schools, some of them among the richest
and strongest in the Republic. But De
Pauw University has a mission, and the
200, 600 Methodists of Indiana, with her
prosperous alumni, will see that she is
richly endowed. 1t must be So.
-Four years ago we instituted four lines
of work to bring relief.
"First-A sustaining fund, to be secured
by personal subscriptions 10 supplement
the current expense fund. We secured
$50, 900 on this basis.
''Second-The Methodist Church in the
State was giving about 5000 a year from
all the conferences TO the educational fund.
Through the strong churches and conven-
tons we presented this cause, and this
year the Methodism Of the State will give
and l verify believe this fund will continue
to grow; W. ouu4 onauons co.
we'll understand a great school must have
some endowments. The endowment fund has
increased in the last three years at least
$4,000. coming from various sources-the
De PAW estate, wills, after-death bonds,
cash gifts and sale of real estate. We have
converted some real estate that we have
held for fifty years into productive endow-
ment. We have sold within this college
year $4,000 of real estate that belonged to
the university for The De
Pauw estate will add $4,000 to endowments
when settled.
"Fourth-We felt the necessity of better
equipment, particularly on the side Of sci
eEce; Hon. d. w. Minshall, of Terre Haute,
now deceased, gave $4,000 for the erection
of a science building. Since his death his
two children, Mr.. Charles and Miss Helen,
have given us 5000 to finish the building.
We have added to the heating plant. i'm
proved the sewer system, betterments of
buildings, etc, over 5000.
I'VE now have outstanding after-death
bonds for many thousands. There are tens
of thousands of dollars in Wills for endOw-
ments, at the death of certain henefactors.
Five years ago we were running short
$4,000 per year on current expense fund.
This year. it now seems, income will near
~ or quite meet current expense fund. But
we must remember that all universities
that grow, that respond to new demands,
must have deficits from time to time