Gift to Aid Research in History

The Board of Overseers has accepted the sum of $20,000, the gift of the Duke and Duchess of Arcos in memory of their brother Woodbury Lowery '75. The terms of the gift make the entire sum a perpetual fund, the income of which is to be awarded year by year to a person, preferably a graduate or instructor of Harvard College, to enable him to carry on research among historical archives, preferably those relating to American history in the archives of foreign countries, and more particularly in Spain.