The Gavelyte, January 1906

CED.-\RVlLLE COLlJi]C:K 7 - - - -· The New Chair. / and wealth-producers elf all civilized i people, and is to-day of paramount Perhaps no event in recent years I importance amllng the economical lrn · aroused the interest of the alum- / and sociological ffUestio,rn before ni, . tudents and friends qf 'Cec.larville I the country . College, as has the annonn ·ement that I Rank.ing, has many phases both aH a new chair in the col!Pge has been ~ pubh~ and private rnstitution in endowed. its relat10n to the monetary condi- Last F'el ·ruary Mr. an<l Mrs. George tions and commercial pursuits of nat– \V. Harper offered Cedarville College ions which will be of interei:;t to stud– fi.\'e thousand dollars on condition ent~. that the college raise a like amount. This small preview of the chair Thanks to the loyalty of its friends, in Transpora~ion, }'inan~e, Banking the colleae succeeded in raisinO' the and Economics presentrng to the necessar; money and final ne;otia- j st~dents of Cedarville College. th.e tions with Mr. Harper are now pend- 1obJect and value of the new chmr 1s in .. . but an earnest of what really awaitH ~rhe chair will be called the ''Har- ' them in this four fold subject as it µer chair ol' Tran::iportation, Banking, I will be present<.>d. Finance and Economics." It will be : A Gift. dulr established in thf-< college eourse 1 and instruction will be begun next j It will no doubt be very inter<.>sting September. , I and welcome news to the alumni and Transportation of all kinds of corn- ! friends of Cedarville College that Mr. modities by railroad and electric I Andrew Carnegie ha , 8eerningly by traction lines, and also by steamship J divine inspiration, come to the aid of both on the hign s~as a~d i:'land j the college and has .donated the sum -waters and the relat10n of this to of seven thousand five hundred rlol– t,he inclividual and national welfare Jars for a library building. will ue taken up. 'fhese are complex, This did not come entirely unex– univeri:ally important, and very pract- pected to some few who knew of _ ical questions. the earnest and prayerful efforts of - ~,inance, f~·om the :Standpoint of its Professor McChesney to whom most production, regulation, economy and praise is due although Pres. McKin– use i..; a suuject that has engaged ney cbnsumated the negotiation. tlw mindR uf the astuteit;t statesmen j Most unexpected assistance was giv-