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The Story of Wellesley by Florence Converse
page 88 of 220 (40%)
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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