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Page 15 text:
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The Good Year of 1910-11 IN 'rim matter of the increasing of the material resources of the college as the by-laws put it-the year reviewed by this lli-O-Hi has certainly been an interesting one. - One chapel audience greeted enthusiastically the announcement of Dr. and Mrs. Lucien XfVarner's gift making possible at once the completion of the Men's Gymnasium, as well as its partial endowment-a gift amounting to about 350,000 Only 'a few days later another chapel service was ended with the splendid news that the long-hoped-for and longer-needed .fkdmiuistration l-luilding had been promised by a friend. This meant another SB50,000. On the same day Presi- dent King was able to tell of a pledge of 510,000 from Mr. and Mrs. George M. Clarke, of Chicago, towards the erection of Keep Cottage, to be constructed at a total cost of not less than flS25,000, within the next two yearsf' Mrs. Clarke' is a graduate of the college, and is a granddaughter of lfather John Keep, who played so important a part in the early days of Oberlin. ln addition to these there were also two gifts of 35,000 each to be mentioned, one from our trustee, M r. L. I-I. Severance, of New York, and one from an anonymous admirer of the college's ideals. Hardly a week later enthusiasm was again aroused by the announcement of the gift of the johnson estate by a non-resident donor. The plans for the use of this by the college have not yet been entirely decided upon. 'lt includes the John- son mansion on South Professor Street, and about twenty-two acres of land-of a value between 335,000 and 340,000 It is practically certain that before the lrli-U-Ili appears other donations will have been told of from the chapel platform amounting to at least 320,000 needed to end the Half Million liund. The new pledges received during the year will then total S200,000. VVith the Half Million Fund thus completed, there will be brought in that part of the 3200.000 pledged by the unknown friend not ex- pended in the lNlen's Building, the Sl9l25,000 pledged for endowment by the General Education Board, and 315,000 in other gifts. This same year has also seen the payment to the college treasurer of the 350,000 bequeathed by Mr. John Stewart Kennedy, of New York. There will, therefore, have been added to the material resources of our alma mater during this good year of l9l0-ll the splendid sum of 3590.000 It is to be noted, also, that of this great amount-easily the largest received in any year of the institu- tion's history-almost S400,000 has been pledged by persons and an organization not connected with Oberlin College as students. or through the usual relation- ships of sentiment, or in any other way than as thoughtful, careful students of education and philanthropy. This, I believe, is of very great significance with regard to the probability of Oberlin's being given in the future still greater means for the fuller realization of her unique moral-religions-educational ideals. Cn.lxm.izs Wnrrl NG W1r.L1,x xl-s. 15
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