The Montgomery advertiser., 1909-01-31
pY JOHN H. CAnnEnRY.

Harvard University In May will have . millionaire president. at salary of ts.oee a year. Abbott Lawrence Lo-l sell. who has been elected by the cor poration to succeed President Charles ". Eliot upon his retirement in May is estimated to be worth s2,0e0.o0e. Part of this substantial fortune. which is large estate for 8 scholar. was inherited. but the president-elect or Harvard has had sufficient business acumen to more than double hts pat rimony. despite the fact that he has kiven most of his mature years to education. -
 He inherited about $500, ,ooo from his fathers estate and also some property from hts mother. The accretion 0f Els wealth ti its present proportions Is due to his shrewd jrdgment and knowledge of the values of invest ment securities. aha he has become rich for Boston schclar--practicaliy within the past ten years.
 There are possibilities of benefac- tions to Harvard University at the hands of It's new president for he has Ao children and his brother. Prof Percival Lowell. and his three sisters are as wealthy as is the president elect Prof Lowell several years ago gave Harvard ay lecture hall. which cost rising si0o.0o0. When the money for the building was presented the donor insisted upon conceaiing his identity. and the structure was known as the "neT. lecture hair' until the giver was forced to acknowledge his contribution.
 Ptasident- elect Lowell will appeal to alumni and undergraduates as well be- cause of these additional quahfca- tidns: He is . Harvard man, q gradu- ste of tiie college and of the law school. His grandfather was mem bar of that exclusive ana seif-Derpetu- ating corporation known as the "Pre- sident and Fellows of Harvard Cot- tlege." In his day he was q champion athlete. He never lost running event in which he was an entrant- For twelve years he has been intimately associated with the academic depart ment of Harvard as lecturer and professor. He believes in scholarship as the sure criterion Of success n business life. But he also has deep interest in athletics. and on every oe- .casion advises students to participate in college sports. That te part or college life and to his mind as impor- stant in It's way as ia attendance as lectures. si Hin Heart wsth the Under Gsaauatcui
 Those who are intimate with Prof.
 
 the undergraduates The first words he uttered after it became known that he would be the successor of President Eliot were in the nature of an appeal to the students for suggestions to im- prove the college.
 'sWhen I was student here in coi- Iege I had opinions. very definite op- ,inions, as to how some of the things should be managed" he said q never expressed those opinions. think I was never asked to. But still be- iieve that those opinions were worth something. Now I hope you will feel free to make younr opinions known believe very strongly in the under graduates' view of things and I hays confidence ia the judgment of the 'in- : 1iergraduates."
 President -elect IsDwell's policy is al- .ready well Genned. in the opinion of 2 Hhose nearest to him in the teachinR slepartment. The changes he proposes ko make win be directed toward the faeveIopment of a closer intimacy be- tween the undergraduate and the Hacrlty. Prof Lowell believes that Harvard is not too large for the culti- vatipn of . friendly and advisory re aationship. between students and teachers such as obtains in the smaller colleges. It is his suggestion that this institution might profit by adopting some of the methods that promote the
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