The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-04-23

Nv EWANAAI8 NV NANN " 49, - - 1879
bg IasSeVssly 0ansiaa@ end an Tnae
memnins o. o Nmas q 0na.o go asesa
b, 1hr grsul.irmt Gos sasssS aBsgvUeea-
wssHINoToS. April IA biG stir
was caused la educational circles here
to-day over = statsmsne made by Dr.
Phillips, former d-an Of the medical school
~ George Washington University. that
the Corcornn endowment fund % s,oo.000
OG that institution had been dis~ipatsa
by Otacials oG the university. Dr. PHILIPPE
charged that the fund to-day is repre-
zented only by q prOmissory note % sie.-
90. given by Charles ". Needham. the
president Of the institution and an sdu-
oatog of national reputation. in return
for money borrowed from the university.
the security FOE which ia President Need
hams residence. which Dr. Phillips de-
clarsd h not worth more than 5000
These disclosures were made at hear
ing before the House Committee on the
District Of Columbia which h consider-
ing 4 resolution calling upon the At
torney General TO make an inquiry into
the finances Of the university. This
resolution was offered incident TO the ap-
plication ny the officials Of the university
for a ahare OF the annual appropTta-
tons made under the terms OF the Morrill,
Law for the benefit OF State agricultural
colleges. This application has been bit
terly opposed by several State institn-
tons and the proposed Investigation
OF the affairs OF the Washington institsa-
ton seems TO he part OF the campaign
against It's participation In the morrill,
appropriations.
In referring 20 the CorcoraA endowment
fund Dr. Phillips called attehtion to the
fact that In President Needham's report
for the year IpO0 the fund h no longer
referred to al 'the Corcoran endowment
fund but a. the Corcoran fund He
said that % far ~ the friends OF the in
stitution were able 10 learn the fund had
disappeared with the exception Of alG.Oo0.
which was represented by President
Needham's note. with his residence ~
security
IL officials Of the university had the
right to loan themselves money out Of
the university funds in the past would
they not have the Same right to borrow
such funds a. might come TO Il In the
fitureS- asked Representative johnson
Of Kentucky.
1T would seem So replied DR.. Phillips.
who admitted he had been dropped from
the university faculty. hut said he did
know why.
II. T. Domer. an aiumnus OF the uni
versity and q member Of an investigating
COMMITTEES OF seven graduates selected
10 examine the finances OF the institution
testified that the committee had not been
permitted to inspect the books Of the
-
such permission had been formally re-
auested by letter. but that President
Ns.edhAm had replied that such permits
sion could not be given without action
by the board OF trustees.
SO far a. Mr. DOmer knew. Presidsnt
Needham. although expressing a desire
to aid the COMMITTEES in its inquiry. had
made no attempt 20 secure the formal
permission oG the board Of trustees for
the desired inspection Of the hooks.
The disclosures oG to-day make certa ain
a thorough inquiry into the finances Of
George Washington University by the
Government The institution has been
in straits for q year. ts instructors being
denied the benefits Of the Carnegie fund
a. a result Of the action Of President
Needham in dropping a number Of the
members % the faculty. President Mod
ham will have his turn on the wiz ness
stand tomorrow.
President Needham in a formal state
ment issued tonight denied that the
Corcoran endowment fund had been
dissipated aud said that the charges
made 10y Dr Phillips had been fully an
swered IN hearings given before the
senate and House Committees on Agri-
cuIt1r. President Needham said that
after explanation had becn made in re-
gard Ia the disposition of the fund the
Hou-o committee had aniTnously voted
in favor Of the designation Of the George
Washington University a. administ1a tor
Of the Morrill, fund ia the District Of
-