The Washington herald., 1907-05-23

II was learned from reliable source
yesterday that the authorities Of the
George Washington University will an
nounce, at the commencement exercises.
June 9, the choice Of the site for the new
university buildings, and make a state
ment Of the condition Of the fund for the
purchase thereof.
From the s1me source it was learned
that negotiations have been under way
for about a month for the purchase Of
the Dean site on Connecticut avenue.
This property is held by Joseph Paul and
Mrs. Paul, who was Miss Dean.
At the opening Of the negotiations it is
understood that the Dean heirs placed
the price of this property about nine
acres in extent. at $4,000. At the same
time they agreed 20 subscribe, il is said
100000 to the funds Of the university for
the purchase Of the property. with the
understanding that q memorial building 10
Mrs Paurs parents should be erected
among the university structures TO be
known as Dean Hail.
Trustees ORcr s550,0OO.
II Is stated that after considering this
offer for some time. the university trus-
tees consulted with real estate men and
experts on the value Of property in the
District. and then made a counter offer to
the Dean heirs Of $4,000. with an agree
ment TO erect a memorial building to cost
$4,000 This offer. il is stated. has not
been accepted. although only s5o."o stands
between the university trustees and the
Dean heirs in the negotiations.
It is said that efforts are being made
| by residents Of Mount Pleasant and 9th
/ ers. TO convince the heirs OF the Dean es-
tate that great value will be added 20 sur
rounding property by the establishment OF
the university on that site. aside from
giving "a permanent memorial 70 the
founders OF tine Dean estate. Mr.. Paul
is said 90 be "a large holder in property
adjacent % the proposed site. and his
/ friends arc said 10 be hopeful OF bringing
/ him To their way of thinking.
u is also learned that second site
/ has been offered 10 the university trus-
| tees. no less available than the Dean
site. and in the minds Of many better
| location. This property. it is understood
can he purchased for about the same
price as that involved I'm the offer made
/ bv the trustees for the Dean site. Owing
I to the fact that the university authori-
/ ties are pledged % decide upon "A loca-
/ tion before the annual commencement, ID
/ is thought that they may settle the mat
/ ter 10y accepting the offer for the other
site and Jet the Dean property 60
To Raise Funds During Summer.
The university authorities are engaged
/ in a strong campaign 20 raise funds fol
/ the university. and they are said 10 De
/ impressed with the fact that it would be
unwise to Jet the student body become
/ scattered this year without first having
their plans fully matured as TO the new
site for the university
The student body will be depended upon
10 stimulate interest in the movement fol
raising funds. and the trustees do not
intend that they shall be dispersed fol
the summer without a definite plan be
. fore them for the new and greater uni
[ versity.
A friend Of the university said yester
day that there had been a disposition II
some quarters 70 crltiCise the trustees To-
not settling upon the site before thi
time. but he said the board had beer
making an exhaustive inquiry into th
matter OF real estate values. and tina
while they recognized the advantages o
the Dean property. they do not wish q
pay too high q price for IL. This in
formant said that an the conditions relat
ing 20 the matter up 20 this time had no
been made public and had not been fun,
/ understood