The Story of Wellesley by Florence Converse
page 88 of 220 (40%)
page 88 of 220 (40%)
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Miss Hazard was monetary. The financial history of Wellesley
College would be a volume in itself, as those familiar with the struggles of unendowed institutions of like order can well realize.... The appointment during Mrs. Irvine's administration of a professional treasurer, and the gradual accumulation of small endowments, were helps in the right direction. The alumnae had early begun a series of concerted efforts to aid their Alma Mater in solving her ever present financial problem. Miss Hazard, in generous cooperation with them and with the trustees, did especially valiant work in clearing the college from its burden of debt; and during her administration the treasurer's report shows an increase in the college funds of $830,000." In round numbers, the gifts for endowments and buildings during the period amounted to one million three hundred six thousand dollars. Eleven buildings were erected between 1900 and 1909: Wilder Hall and the Observatory were completed in 1900; the President's House, Miss Hazard's gift, in 1902; Pomeroy and Billings Hall in 1904; Cazenove in 1905; the Observatory House, another gift from Mrs. Whitin, 1906; Beebe, 1908; Shafer, the Gymnasium, and the Library, in 1909. During these years also, five professorial chairs were partially endowed. The Chair of Economics in 1903; the Chair of Biblical History, by Helen Miller Gould, in December, 1900, to be called after her mother, the Helen Day Gould Professorship; the Chair of Art, under the name of the Clara Bertram Kimball Professorship of Art; the Chair of Music, from the Billings estate; the Chair of Botany, by Mr. H.H. Hunnewell, January, 1901. And in 1908 and 1909, the arrangements with the Boston Normal School of Gymnastics were completed, by which that school,--with an endowment of one hundred thousand dollars and a gymnasium erected on the |
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