The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-07
PRINCETON WANTS
$t4,OOO,OOO FUND
Campaign for Endowment Of
University to Be Started
at Once.
ALUMNI MEET DEFICIT
Regional Scholarships and
Larger Salaries for Faculty
Are Projected.
Special Despatch to TIE suN.

PRINCETON, July PLANS were an
nounced to-day for raising a $4,000. 900
endowment fund, the income from which
will be utilized in increasing faculty
salaries and for other pressing leeds
of Princeton.
According to a statement issued by
President John Grier Hibben Of the Uni
verslty. the income from the first
$4,000. 900 to be raised will be devoted
exclusively TO raising the salaries OF
the members of the faculty. Another
million is necessary to Increase the
teaching stat while an additional three
millions will be necessary to cndow ex-
listing professorships. or those In imme
diate contemplation with adequate
salaries. The remainder OF the fund
will be devoted to scholarships and to
the development of various departments
of the university. Henry B. Thompson.
of Wilmington, Del, has been appointed
chairman OF the central committee in
charge Of the work.
A campaign for endowment had al
ready been planned in 1917, but was de-
ferred because OF the war and during
the last three years the alumni have
contributed over S25O,0 to meet the
war deficit. In order that the Commit
tee may begin its work Immediately
and that the current needs of the Uni
group of alumni have agreed to con-
tribute 100000 for two years, $4,000
of which is to 60 to the immediate in
crease OF salaries. In the meantime the
Committee will begin its campaign.
Others on Committee.
In addition to Mr. Thompson, the
Committee consists of James Barnes,
William Church Osborn. Charles Serb
ner Walter q. Hope, Henry c. Irons.
Percy r Pyne. II. Frank c. Landon,
Charles w Halsey and D. Q. Brown Of
New York City; President John Grier
ton; and Curtis NJ. Wilcox of Defiance,
Ohio.
Since IL aims to make nationwide ap-
peal to all Princeton alumni and friends
OF Princeton to develop the plans to
make Princeton n national university,
there have also been appointed on the
committee prominent alumni and trus-
tees who are to take charge of the cam
paign in different sections of the country
Cyrus H. Mccormick has accepted the
Craftsmanship for the Chicago district,
William Cooper Proctor for Cincinnati,
Hugh Richardson for Atlanta. Ga. I;
James d. Denegre of st. Paul. Mimi, for
the Northwest; John Mcwilliams. Jr., OF
Los Angeles. Cal, for California DR..
Nj. w. Jacobus of Hartford, Conn. for
New England and Uzal McCarter for
New Jersey. Other regional chairmen
are still to be appointed.
The remaining 100000 are to be
used for carrying out the normal devel-
oprnent of the university. much OF which
had already been decided upon in con-
nection with the plans to develop Prince
ton along the lines of a national uni
versity. For this reason one OF the i'm
portant items is a fund Of 81 ,00O, 900, the
income OF which is to be used TO make II
possible for bright young men in distant
States to come to Princeton without in
creased cost 10 them.
Memorials to War Heroes.
One hundred and thirty-seven of these
regional scholarships are to be endowed
as permanent individual memorials to
the 1877 Princeton men who lost their
lives IN the war
The development of the study Of chem
istry and the large increase In the num-
Der OF students in this department make
necessary the income Of $4,000, 900. part
OF which is to be used for a new labora-
tory. The plans for the development OF
the School of Engineering call for s3..
100000 and the endowment of the
Princeton library will necessitate $780,
900 more.
A dormitory TO cost 100000 Is an
other item. The income from this build
Ing Is TO be used TO provide tuition for
needy students. Additional fellowships,
an addition to the recitation halls, the
department of astronomy and the School
Of Architecture bring the total to sli.
ron nm