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Page 29 text:
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totaling 36,333,940 THE CORNELLIAN COUNCIL The Cornellian Council is the official agency, established by the alumni and recognized by the trustees of the University, through which alumni, former students, and other friends of Cornell contribute to the financial support of the University. PALMER The fundamental purpose of the Councilfuto pro- mote the systematic financial support of Cornell University by the alumni fis accomplished through annual contributions to the Alumni Fund. ln order to eliminate indiscriminate and merely occasional solicita- tion of alumni, the Council was established in 1909 as an authoritative body which would limit the number of appeals made to alumni and at the same time keep them advised of the most urgent needs of the University. Subscriptions to the Alumni Fund are, for the most part, made on the basis of annual recurring pledges. The Class of 1909 in its senior year was the first class to establish its memorial to the University in the form of such subscriptions. Every class since has followed the example of 1909, and earlier classes have joined enthusiastically in the plan. Most of the gifts made through the Council, includ- ing contributions to the Memorial of the Class of 1936, are unrestricted as to use. The Council also raises special funds to meet definite needs. These generally take the form of memorials, endowed professorships, scholarships, and research funds. Such imposing gifts as Myron Taylor Hall and the War Memorial have also been made through the Council. During the twenty- six years ending in june, 1935, gift s have been made through the Council by alumni and other friends of Cornell. Last year, despite prevailing economic conditions and the pressure of other demands, they contributed S136,689 to the support of the Uni- versity. President Farrand has repeatedly emphasized the fact that the annual gifts from Cornell alumni and other friends of the University, made through the Cornellian Council, have been an indispensable part of the Uni- versity's income, without which the work of the Uni- versity would be severely handicapped. Another important activity of the Council is that of encouraging alumni and other friends of the University to remember Cornell in their wills. Through the efforts of the Council's Committee on Bequests, headed by Edward Cornell, '89, there has been created among Cornell alumni and other friends of the University, a very definite bequest consciousness. During the eleven years that this committee has been in existence more than six million dollars have been bequeathed to Cornell. Neal Dow Becker, '05, president of the Intertype Corporation of Brooklyn, has been president of the Council for the vast two ears. The vice- vresidents are l Y l J. DuPratt White, '90, Allan C. Balch, '89, John W. O'Leary, '99, and Walter C. Teagle, '00. A headquarters office is maintained in Ithaca, where all contributions are received and promptly acknowl- edged. Archie M. Palmer, '18, is the executive secre- tary of the Council and is responsible for the conduct of its affairs under the direction of the executive com- mittee. He is assisted by Sara Bailey Sailor, '09, assistant secretary of the Council, and a secretarial force of loyal workers. BECKER
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