Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-01-03
NEED LARaE GUM TO
eREvENT REMOVAL
Citizens 81 Mount Pleasant and viein.
ity UndsrtaIss % Secure 100000 on
Condition That College Raise 315o,oou
ELSEWHERE in Nsxt Three Years
ttsIeembs 10 In Charge.

man VINO has q wide range OF expert
ence In this kind Of work and q per-
son in whom the utmost coincidence -
placed a. to his ability to engineer
thru this great task. It Is necessary to
raise this sum by the date set to meet
the requirements Of the North Central
I Association Of Colleges and the Uni
versity Senate OF the Methodist Epis-
copal church. The two organizations
required that college to maintain It's
rank as one Of the standard institu-
tions OF the country must have above
all debts, and money on annuity, $780,
900 IN cash or collateral a. endow-
ment.
The endowment Of Iowa Wesleyan Is
practically q quarter OF million doll
lars but It does not all come under the
head Of productive" Early In De-
cember the board Of trustees Of Iowa
Wesleyan made the proposal to the
county that II It would raise 100000
by Jan. 20 that the permanent location
Of tho school would be In Mount
Pleasant. Its home for the past seven
ty-three years. In addition the college
has agreed to raise $3.50, 900 outside Of
Henry county in three years. Mount
Pleasant and Henry county Immediate
.
were at once started to perfect an or
ganization. MI. Adam Weir was elected
chairman OF q committee consisting Of
some fifty of the most prominent bust
ness and professional men Of the
county. ii
HoIcombs Directs Campaign.
Headquarters were established in the
=. n. g. A. and work began. In the
past two weeks over 1000 letters have
been mailed out to the citizens Of the
community explaining the situation
and the crisis and paving the way for
tho active campaign which 1t was
agreed upon should start today. Last
Friday Mr.. Holcombe came to Mount
Pleasant, met the committee, looked
over the situation and returned Satur
day with the statement that he would
undertake to raise the money. He is
confident that Henry county will meet
the situation in a thorough manner. He
expressed satisfaction at the work
which had already been done ond the
thoroughness Of the organization which
has been perfected. Every one seems
confident that the money can be raised.
It is without doubt mammoth UNI
dertaking to raise 100000 in this
county, but when the Importance Of
the cause Is estimated the sum appears
much smaller. Without question II the
county fails in tbs task negotiations will
Immediately be opened to remove or
consolidate with some other school In
q different locality.
Oldest College II the West.
Iowa Wesleyan was the first college
west Of the Mississippi. What the loss
OF the college would mean to this COM
munity the citizens realize. Conser-
vative figures prove that the institu-
ton has brought to this county In the
three-quarters Of a century in which
It has been located here, over $5,000,-
600. It spends annually in this county
over $780, 900. It's loss will Immediately.
mean decrease Of 500 in the normal
population and q serious depreciation
in property and farm lands adjacent
to the city. It will mean that the door
OF education will be closed to hundreds
OF young people, who have not the
means to attend school elsewhere.
Business, with tho annual loss Of $780,
900. will suffer most serious crisis.
Success means that Iowa Wesleyan
win be ono Of the strongest denomi-
national schools in the state. It will
mean that the enrolment will be
greatly increased. The completion Of
this sum Will give the college in three
years an endowment of one half mill
lion dollars. The school receives an
nually from the Iowa conference $12,-
600. Counting this as the interest on
100000 Of endowment It viii give the
school resources amounting to $780,
900.
( A large thermometer Is being built,
which win be placed in q prominent
place in the business section. The top
Of the thermometer will bear the in
scription, 100000 From Henry Coun-'
" For Iowa Wesleyan by Jan. TO-" Il
will be graduated IN sums ranging from
IS to 100000. AS the money 10 raised
the temperature viii rise accordingly.