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Page 23 text:
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MES J. HILL i the movement through. Witt 1 University of Puget Sound, ta: sity and charged with raisingh mmin gave his entire timetoth- omit the details of the campai- ti out prominently. Intheipi J. conditional upon raising $21 : . Hill, who had become 111W 1. Plans for 1911-12 were 1110;, tmnsfered his energy 130 Eng counselor for Methodist 60 9s; in Portland and 'Salellhenp assured the campaign. Walersii 10.000 to the fund: 'Sngalemh iearlv $100000. and 111m turnh? t 1912 were dffvow 1a r Hill's condition H t' M ' Before Th securities. int! that 19 papers show try largely Mr. Booth I - - fa Writing ovei ha: andM' 0 is unproduc H ,- President Homan outlinedat: Todd. a prominent Seattleptv $50,000 for the building fund Will not be forthcoming until the pro- ductive endowment is half a million. President Homan and Vice President Todd are now engaged in clearing up the remaining amount, and Will doubtless have this accomplished very shortly. The completion of this half million endowment fund has been perhaps the greatest forward step in the history of Willamette Uni- versity. It has been accompanied by a growing student body, a healthier student spirit, more general recognition from the outside, and general progress in all lines. But the end is not yet. Those Who have made this campaign. a great success have no intention of sitting back With laurels won. They Will be content With nothing less than the most adequate support and the highest efficiency for Willamette. The raising of half a million dollars has been a big stride in that direction, but the goal beyond still beckons; s ha 0 be? PETER W. 3 . l O C SEVERSON ' v 1- '1 q
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Page 22 text:
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O . gag JAMES J. HILL a Q enthusiasm Which has carried the movement through. With approx- imately $325,000 td raise, President Homan outlined a thorough campaignv Rev.'D1'.E.H Todd, a prominent Seattle pastor and former field secretary-iof the University of Puget Sound, was elected Vice President of the University and charged with raising funds for current expenses,whi1e Dr Homan gave his entire time to the endow- ment work. I . It 1s not. necessary to recount the details of the campaign, but a few of the landmarks stand outfproiminently. In the spring of 1910 came the offer of $50,000,0011dit1011a1 upon raising $250, 000 by January, 1913, from James I. Hill, who had become interested in Willamette 0151 a Visit to Salem.P1ans for 1911- 12 were more inten- sive. Vice President Todd transfered his energy to endowment work, and Dr. John Hancher, cou11se101' for Methodist colleges, was secureds ,to. Lead the campaign in Portland and Salem. It was in March, 1912,; that success was assured the campaign when Peter W. Severson of Portland added $100, 000 to the fund. Smaller subscrip- tions in Portland amounted to nearly $100,000,a11d in Salem to about $65, 000. The latter months 0f-1912 were devoted to turning sub- scriptions into cash to meet Mr. H111 s condition that the $250, 000 must be in cash 01'. in gilt edge securities. Before the time was up the trustees were able to send the papers Showing that all his condi- tions had been met. This was Very largely due to the fact that upon the approach of the ti-111e limit,M1'.Booth paid in $50, 000, altho his conditions had not yet beeh met. While there is at the present writing over half a million dollars in pledges and cash, some $50, 000 is unproductive, and Mr. Booth s
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