University Missourian., 1908-10-13
TRUSTS AMONG
UNIVERSITIES

II hct NoiiiiuCN ~ thC
world, but, according to Chancellor
lIacCracken, of New York University,
it invades the college world also. The
Chancellor complained the other night
that "unconsciously the rich and strong
neighbors of New York University have
treated her as if she ought to be hanged
or sent to the stake" The New York
Tribune reports him as admitting in pri-
vate conversation that he had in mind
Columbia, Yale, and Princeton. Their
attitude, he says, is a virtual expression
of what was uttered more than twenty
years ago, namely, ''that there was not
room for two universities in the metrop-
Oils" As a consequence of this attitude
New York University, he declares, has
been neglected in comparison with its
neighbors by those who give, or ought
to give. TO higher education" The Uni
versity is, therefore, he AYERS, obliged
to depend on the sacrifice of it's profes-
sors and the collection of small subscrip-
tions for its current support. His main
charge of university trust" was at
tered at the opening of the School of
Commerce, Accounts, and Finance, con-
nected with New York University, on
The evening of September "a. As re-
ported by The Tribune his further words |
on the subject of the university trust |
were these:
Il offer this evening for the first time
my solution. The anomaly arises from
the adoption and PRONUNCIATION. possibly
an unconscious adoption and promulga-
tion. by our older and richer neighbors
in the university business of the me-
tropolistic heresy that no room exists in
the metropolis for a second university.
This was announced more than twenty
years ago as if it had been an axiom,
BY the president of a neighbor univer-
sity.
Il regarded it then as a whimsical
lttcrance of an individual. The expert
snces of twenty years have convinced
ne that it is really the creed of our
'ldest and richest university neighbOrs.
They have been so enveloped by business ,
corporations that they have unwitting-
y classified themselves with owners of
always or with producers of steel and
ron, oil and tobacco, sugar and lead,
instead of classifying themselves with
haritable and religious bodies, where
hey really belong.
''The result is the existence in this
egiOn of America of virtual uniyer- l
ity trust. They forget the essential J
Inference between corporations which a
eal in things and corporations like uni :
ersities and churches whose only object c
J the development of human brains and ?
carts and wills. They forget that \
hurch trust in the latter commodities :
'as tried by Europe for a thousand 6
ears, and was discarded at the Ref p
rmation once and forever. On this re-
'ction OF trust in the shaping of h
pulls we have been building for four +.
undred years.
Yet unconsciously the rich and u
.rong neighbors of New York Uniyer- Y
ty have treated her as if she ought n
be hanged or sent to the stake. Ev- ri
y one has heard of the narrowness c]
nd intolerance of ecclesiastical mag n
ates, but the very coolest reception u
'er saw given by group of churches Il
the advent of new church in their I,
eighborhood was an affectionate en- II
'ace compared with the reception that it
IS been given New York University a,
her enlargement and progress for the III
st twenty years. This has seldom d
ken the shape of formal action. They ci
e hardly conscious of how they speak tt
I'd act and inspire their partizans to O,
'eak and to act in support of the plat L