| | 2 | Author: | University of Virginia
Board of Visitors | Add | | | Title: | Board of Visitors minutes (1921) May 31, 1921  | | | | Published: | 1921 | | | | Subjects: | University of Virginia::Board of Visitors | University of Virginia Library, Text collection | UVA-LIB-Text | | | | Description: | A special meeting of the Rector and Visitors was held on
this date at which were present the Rector John Stewart Bryan,
and Visitors Dillard, Duke, Greever, Hatton, Robertson and Scott. Confirming the following telegram which I sent to you
under date of May 31st, 1921, - Please pardon my delay in making formal answer to your
telegram of May 31st, but I have been in the midst of Centennial,
and this is the morning after. In pursuance of our conference, I beg you
will convey to the Rector and Visitors my purpose, if it be
in accord with their wishes, to give the sum of $200,000
for the establishment and maintenance within the University
of Virginia of a School or Department of Commerce and Finance,
utilizing as far as possible the basis of such School or
Department now in existence. The purpose of this school
or department shall be to give such training for the career
of business as will give our youth knowledge and skill in
that field, and will inculcate in them those habits of economy
and integrity upon which our whole economic life depends.
The conditions I deem it wise to put upon this gift are the
following:- I had the honor to transmit your communication
of May 30th, to the Rector and Visitors at their annual
meeting on May 31st, 1921. The farseeing gift which it
announces was accepted by them unanimously and with deep
appreciation of the wisdom of the purpose for which the
endowment is intended. I was directed by them to express to
you their apprediation and gratitude for this new manifestation
of your wisdon and beneficence. They begged me to
assure you that they were accepting this gift mindful of all
the conditions named by you which they consider wise and helpful
conditions. It will be their purpose to carry out your
wishes rigidly and to seek by all just means to develop the
great new department which this endowment makes possible in
the life of the University. I need not assure you of my
own personal appreciation of the greatness and wisdom of your
services to this institution in its effort to serve the youth
of this and other generations. The Committee appointed by the Board of Visitors of
the University of Virginia to investigate and report upon
a site and plans for the proposed new gymnasium met at the
president's office at 3 P. M., April 30th, the following
gentlemen being present: Dr. Alderman, Dr. Lambeth, Mr.
Robertson, Mr. Duke and Mr. Michie. Mr. Bryan and Dr. Warren
were unable to attend. Dr. Lambeth was asked to act as
chairman of the committee and Mr. Michie as secretary. | | | Similar Items: | Find |
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