The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-12-13
ANOTHER $4,000
Carnegie Makes Second Big Gift
to Washburn.
President Norman Plass Makes
Report of Eastern Trip.
HE RAISED $4,000.
In Addition to the Donation
From Mr.. Carnegie.
viii Call on Topeka for Gift of
$4,000.
And Try to Raise Another
$4,000 in the State.

President Norman Plass of Washburn
college. who returned Wednesday from
his eastern trip. announced at the col
lege chapel exercises this morning that
Andrew Carnegie has offered to give the
college another $780, 900 for its endowment
fund, provided that the total endowment
of the college reaches 100000 prior 20
January l. 1908
DR.. Plass also announced that he had
secured during his eastern trip an addi-
tionaI $4,000 in cash and pledges for the
benefit of the college.
These announcements were received
by the students assembled in the chapel
with applause.
The following statement was given out
by DR.. Plass this morning concerning
the progress of the hard work, which he
is doing on the Million Dollar Fund
for Washburn:
The effort to secure a million dollars
for the development of Washburn col
lege is meeIng with success. This fund
was begun in June, 1905. at the celebra-
ton of the fortieth anniversary of the
college. 1t was intended to raise this at
the rate of $1VJ, 900 a year and to COM
plete the fund at the f1ftieth anniver-
sary. One-half Of the amount is to be
used for endowment and the other half
Tor buildings ana equipment
During the first year $11S,00O was
pledged, of which little more than $780,
900 was for endowment. The second
year began with a conditional gift made
in June by the general education board
of New York City of $4,000, provided
the college raised $4,000 for endowment
by July I. 1907, and reached that date
free from all Indebtedness. This will
require the raising of S125,000 by next
July. and viii add $150.000 to the endow-
ment since the million dollar fund was
inaugurated.
Mr.. Carnegie now offers to give $780,
600 whenever the amount obtained for
endowment reaches $3.50, ,000 provided
that IS accomplished not later than
january ], 1903 This VIII make it nee
essary to raise $50 900 additional be-
tween July 1, 1907, and the date as
signed.
president Plass reports that he has
secured in cash and pledges $4,000 in
addition to Mr. Carnegie's offer during
his recent visit at the east, making d
total of $105 900. counting the offer Of
the education board, that has been
pledged either conditionally or uncon-
ditionally since last commencement.
But in order to secure this, 1t is nee
essary that $95. 600 shall be raised within
the next six months. and $4,000 within
the six months between July 1, 1907,
and the end of the year. The hard part
OF this of course will be the first $95,-
COO. which is necessary to secure the
gift of the education board. 1t has
been decided to ask Topeka to give
S75,000 and the rest of the state Of
kansas to give $50. 600. While it is nee
essary to secure the pledges within the
next six months, they can be paid at
any time between this and July /, 1909
giving a margin of two and one-half
years in which to meet the obligation.
If these two conditional gifts can be
met it will result in adding 1858, 900 10
the funds of the college in the first two
and one-half years Of the million dol
lar effort
Mr. Carnegie gave the college a $50
900 library several years ago, and the
$50, coo for endowment is his second do
nation. Both of these donations have
been. secured through the efforts of
President Norman Plass