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The selection of Bishop Lawrence as chairman of the committee to raise the endowment fund for the Business School and the Divisions of Fine Arts and Chemistry is a happy one. The well-known eloquence, the qualities of leadership and vision of Bishop Lawrence constitute him, in every respect, a superlatively satisfactory choice.
The University, indeed, has every reason to thank him for undertaking a task of such magnitude the task, in fact, of showing the nation that capital invested in certain specialized branches of the University will certainly bring valuable returns, not only to the nation at large but to the individuals who invest. The mere fact that Bishop Lawrence is confident that this attempt to increase the potential service of Harvard to the country is worth while will be enough for many; while the more conservative, who will demand facts and details, will find plenty of both forth-coming. In this latter exigency, Dean Donham will unquestionably prove of the utmost value. Realizing more fully than anyone else, perhaps, what the possibilities of an independent; fully-equipped Business School are, Dean Donham will combine with his talent for executive work the most intimate knowledge of the uses to which the funds will be put, and of the advantages to business which must accrue.
And in connection with the Business School, it is interesting to find that the vague rumors and whisperings concerning a new establishment, to be across the River, have been finally crystallized in a definite statement that such in fact will be the case. In the future, the Business School men will find themselves, in their splendid isolation, in a unique position for Cambridge to concentrate and to wrestle with the tremendous problems with which it is understood, they are constantly engaged. For many reasons, this disposition of the projected School will prove advantageous. But it must be kept in mind that such desirable expansion depends, with the fate of the Chemistry department and the Fine Arts museum on the success of the endowment fund. In the hands of such men as Bishop Lawrence and his assistants, this success should be assured.
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