Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-26
S6,O)O,O()O TOTAL
FUNDASKEDB j.
Trustees Planning to In
crease Endowment and As
sets to That Figure.

Planning to raise the American
University endowment fund and as
sets to a total of Sc 900, 900, the board
of trustees, it was announced last
night by Chancellor Lucius c. Clark,
has authorized a new department of
finance, to operate not only In Wash
ington, but throughout the country
under the direction of an endowment
committee. The endowment commit
tee has been appointed to consist of
William S. Corby, treasurer of the
university; Rev. DR.. William Fraser
Mcdowell, resident bishop of the
Methodist Episcopal Church, and
Chancellor Clark.
The department of finance will have
for it's counsellor and advisor DIR. John
w. Hancher, and will include in it's
personnel also DIR. D. E. McClain, DR..
w. M. Dudley and DR.. Enoch Perry,
all four of whom are closely indenti-
fed with the work of the university.
DIR. Perry will represent American
University in the West, DR.. Dudley
about Washington. The movement is
expected to go ahead steadily and
quietly throughout the years.
Offices will be set up on the campus
under direction of Chancellor Clark.
who will be in general charge, and
permanent secretary is to be chosen
to handle the headquarters organiza-
ton.
Under the program. the policy of
expansion which was inaugurated two
years ago and has greatly increased
the scope, buildings and enrolment of
the universitys three schools will be
steadily continued, according to DR..
Clark.
Announcement of a permanent set
up of the new finance department fol-
lows a recent preliminary search for
funds for the institution, not only in
Washington but in various parts of
the country, the results of which
were reported to the recent annual
meeting of the board of trustees, but
will not be made public. 1t was un-
derstood, however, the returns were
gratifying to the board.
Faculties Represented.
Faculties of the three schools of the
university have chosen their repre-
sentatives on the new committee au-
thorized by the trustees to be formed
for conference and cooperation be-
TWEEN the trustees and the faculty." as
of philosophy, and DR.. Paul Kaufman,
professor of English. from the gradu-
ate school: DR.. Gilbert o. Nations.
professor of Roman and canon law,
and DIR. Knute E. Carlson, lecturer in
foreign trade, of the school of political
sciences, and DR.. w. F. Shenton.
professor of mathematics and physics,
and DIR. William B. Holton, of the
chemistry department. representing
the college of liberal arts. Other
members of this new committee, of
which much is expected by officials,
are Col. Peter NJ. Anderson, DIR. A. c.
Christie and M. E. Church of the
board of trustees, and Chancellor
Clark, who is chairman.
With all schools closed for the holi-
days, substantially the only function
on the campus during the week was
the basket ball game, in which Ameri-
can University defeated Bridgewater
College. "a to 10, before an unusually
good-sized crowd for the holidays in
the American University gymnasium
Students are excited and enthusiastic
over their winning team, which has
six straight victories to it's credit, and
plan to attend in body the next
game, with George Washington Uni
versity, January II, at the George
Washington gymnasium.
DR.. Paul Kaufman will leave to-
morrow for Cambridge. Mass. where
he will attend a meeting of the Mod
ern Language Association Of America
at Harvard University. Returning,
he will attend at Philadelphia the
annual meeting Of the American AS
ISOLATION of University Professors, to
which he is a delegate from the Ameri-
can University Chapter.
John c. Let's of this city, president
of the board Of trustees of the univer-
sity, and Mrs. Let's plan to leave
next Tuesday for Pasadena, Calf,
where they will spend the Winter.
DR.. George b. Woods, dean of the
College of Liberal Arts, and Mrs.
Woods entertained at Christmas din
ner all of the college students who
remained in Washington for the holi.
days.
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