University of Chicago - Cap and Gown Yearbook (Chicago, IL)

Page 17 text:

Hutchins confers with artist-alumnus Baldridge returning for a week oi under- grad life in order to get material for his alumni money-seducer pamphlet. The intervening years have not diminished the emotions which I felt on coming to Chicago. I now have a fuller awareness of the Universityhs dis- tinction and of its possibilities. My pride and awe have multiplied. The University will certainly survive. It will certainly remain great. It will become greater still. The reason it will is that the students who have been here and the community it serves recognize what it haa mcant and can mean in the lives of our people. Robert Maynard Hutchim'. Top left: Hutchins, back to work with Bermuda tan, holds court at Ida Noyes for incoming Freshmen. Bottom left: Hutchins dispenses Chesterfield and St. Johns, propaganda at his mirror-clealn desk. Rights Prexy mingles with the hoi poloi fora brief moment upon leaving his office in Harper.

Page 16 text:

President Hutchins introduces the Anniversary Drive Tap: President Hutchins presents Senator Pepper, lauds his work, and promptly leaves. Pepper spoke on the moral responsibility of students. Bottom: As Hutchins presents the apologin pro sua actione, tlfoolish virgins and their male equivalents arrive late. At the end of this year I shall have completed eleven years at the University of Chicago. I have been here almost long enough to count myself among the old timers1 and to call up the good old days of the past. Some of the more impeninent of my friends have even accused me of mellowing. When I hrst came to the University of Chicago, my pride was tremendous and my awe was tremen- dous. I was found that circumstanceg had con- trived to hlace me in one of the countryjs most distinguished institutions. I was awed by the his- tory and the distinction of the University. One of the first limitations I discovered on the opportunity to do what should be done here and elsewhere was the fact that the material concerns of the University have to be administered. When interest rates fell, these concerns became acute. They have been so ever since. They are so acute at the moment that they threaten the continued existence of the University as a distinguished insti- tution. The most important development of the year is the University's drive for funds. The most important thing the President has to do new is to assist the University in its struggle for self- preservation by enforcing economies and by going on the road to raise money.

Page 18 text:

Harold Swift La ird Bell John Moulds APPOINTIVE OFFICERS Lloyd R. Steere, Treasurer Harvey C. Daines, Comptroller John F. Moulds, Secretary Lyndon H. Lesch, AssistantSecretary, Assistant Treasurer William J. Mather, Assistant Secretary Hortense Friedman, Assistant Treasurer Arthur Lincicome. Assistant Comptroller WP William Bond HONORARY TRUSTEES Thomas E. Donnelley Charles R. Holden Charles E. Hughes Samuel C. Jennings Frank H. Lindsay TRUSTEES Ha told H. Swift,Cha irnwn William Scott Bond, Firs! Vice-Chairman Laird Bell, Second Vice-Chairman Trevor Arnett Sewell L. Avery Charles F. Axelson Harrison B. Barnard W. McCormick Blair James H. Douglas, Jr. Cyrus 5. Eaton Max Epstein Marshall Field Harry B. Gear Charles B. Goadspeed Arthur B. Hall Paul G. Honan Robert M. Hutchins Albert D. Lasker Frank McNair John Nuveen, Jr. Ernest E. Quantrell Clarence B. Randall Lessing J. Rosanwald Paul 5. Russell Edward L. Ryerson, Jr. Albert R. Scott Robert L. Scott Albert W. Sharer James M. Stifter 1 ohn Stua rt John P. Wilson Herbert P. Zimmermann huh. What the Trustees have always kept a liberal but constrained administration policy; became the talk of the country last December, when the Board dropped inter- collegiate football. For the most part opinion is now resigned, not merely because nothing immediate Can he clone to restore the sport but because a light of reason can be seen behind the move. President Hutchins ex- plained the position taken by the administra- tion in his speech before the student body in January. WI'he question is one of emphasis. I do not say that a university must be all study and no athletic and social life. I say that a university must emphasize etiucation and not athletics and social life? Maintaining a distinguished faculty has been one of the foremost aims of the University administrators since the days of the Universitfs first William Harper. In times of depression the adminis- trationgs policy has been to leave gaps as they occur rather than lower salaries-and consequently the worth of the entire staE. president, To encourage merit in teaching an alumnus several years ago established a fund to provide awards of one thousand dollars for professors excellent in under- graduate teaching. In June, 1939, the winners were Ralph Buchahaum, Instructor in Zo- ology in the College; Clarence Faust, Associ- ate Professor of English and Dean of Students in the Humanities; and William C. Krum- bein, Assistant Professor of Geology and Ad- viser in the College. Not only in depression is finance a University problem. With the lower interest rates on investments all uni- versities are faced with the need of increased endowments. President Hutchina explained in a recent Saturday Evening Post article his plan of an inverse approach to the alumni for endowments. Instead of collecting large amounts from a few people, in the future