The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-08

Hsk DIR. WALLACE BUTTRICK, u : al
HsA Secretary of the Board. t,o. vi
Hi EtY1xaxNxx:sxxxsxa ssx sxaexxx:esIaEEsA
- New York April s.: :
I'll a MAN with side whiskers turned
HA : the knob Of the office door OF
#fA a wealthy downtown business
man. He had been invited to enter on
the strength Of a letter Of introduction
Il from a well-known man. The visitor
Ii was urged to take.a seat. AS he did so
afhe handed the kindly featured business
man his card. 1t indicated that he was
the president Of -- college, one of
the 455 colleges in the United States.
THE college was one whose name would
Hbe as unfamiliar to 79,950,000 of the
HS0,OOO,O00 people of the United States
G. as it was to the business man. 1t was
SITUATED in a western state.
81 wish to take only two or three
minutes of your valuable time,' said
the visitor. "It is in behalf Of my col
llege that I want to talk to you. We
fare greatly in need of a gymnasium
sand a dormitory. Unfortunately, at
Rleast from the financial point: of .view,'
The fastened to interpolate, suddenly
lrecalling that what he was about to
ssay required some notifications, Hwe
ARE situated in an agricultural region
where we are able to be of great serv-
lice in giving higher education to the
asons' and daughters Of farmers, but can
mot secure sufficient financial support
ito enable us to take advantage Of all
the opportunities for service which are
aoffered." He went on telling in detail
Sof the valuable work which could be
if the college only had an
Hendowme11t and additional funds for the
sgreatly needed buildings. The business
imam, who was of philanthropic dispo-
Ssitions and thoroly believed in higher
8education~ for every. one, was favor
ABLY impressed and said he would con-
slider the appeal. The visitor thanked
him for his consideration. and with
drew. :El E..>.a@f" =. H. ..<at% -
~ wonder what sort Of institution
that is and what it is accomplishing, -
said the business man to himself as he
ssWung around to his Uttered desk again.
III wish / knew where could get some
aaccurate information about it and the
Aactual educational needs of the local
Hity where this college is located" :,
How It Was Founded.
Five years ago a group Of well known
Hnorthern men interested in southern ed
EDUCATIONAL problems, who were attending
la conference on the subject in a south
sern city, sat in hotel apartment, dis
gcussing the situation. It was ,sug
Agested that an organization be formed
""E7N to do for education what charity or
ganization society does for miscel
1aneous benefcence. Out Of that gath
ering grew the general education board
of which Robert G.. Ogden is the chair
man and the office of which is in thi
Heity. ~
John D. Rockefeller gave to tn
board an annuity of 100000 to cor
- stinue for ten years, and last fall ais
provided a permanent fund of $4,000
1000 for the development of higher edu
acation turnout the United States. Othe
Hfunds have also been given to tn
aboard. Thru DR.. Wallace Buttrick, on
Sof the members of the executive boarC
lit has connection with the Slater fun
afor the assistance Of colored schools
- (which now amounts to 81, 100000 an
gof which DR.. Buttriek is general agen
HAs he is also the special Representative
aof the special committee In charge {
Hthe Peabody education fund, the boar
Shas an influence in the distribution {
athis great sum.
Nothing Else Like It.
There lis no other organization lii
The general organization board in tt
world. Having about 100000 at i
disposal every year, it gives money
Ecolleges which show by their work th,
Htheyssare in position to make GOO
use of it and also a disposition to he
Ncarry out Mr.. Rockefeller IS object
Kdeveloping a consistent national 7sy
Item of colleges. With the idea Of ca
Hrying out Mr.. Rockefeller s desires ii
Hboard has collected mass of inform
5ion about every institution for high
slearning in the United States. One
the dilemma of the business man me
htioned above may secure without char,
from the general education boa;
Ndefnite information regarding any CT
hege appealing Cor assistance. MAJ
hines endoWments given to college
lowing to lack of good Judgment, a
Hpoorly invested, and, instead Of mai
banning their value and their incom
Edecrease in their worth. The boa
Twill, If desired, advise in regard to t
Investment of college endowmen
Sometimes when the income does n
bower the expenses the principal Of t
Endowment is drawn upon to Gov
@he deficiency. The board will ia
Asharge of funds intended for gene1
Eor specific purposes administering the
For the givers. It may in course Of til
thru its opportunities and power
Gone sort of balancewheel on t
-Migher education Of the country.
aims to be of benefit to education
General and to give assistance to be
solleges and 1givers.
Stored away in the archives Of t
board, at 81 William street, are do
nents which give an idea Of the Xxi
BE work being done by each one of t
kE55 institutions in the country cali
- themselves colleges and giving degre
Erhe financial resources of these ins
Eutions are also: in.its files. Tt has cd
#ogs, reports from state superintendel
education, representatives of s.
BOARD who have personally visited