RED TOP

The pressing need for funds has made the continued support of Red Top impossible under the 1934 budget of the H.A.A. Mr. Bingham has adopted a very sane attitude towards the problem. He recommends that an endowment fund be raised immediately, the whole plant put in the hands of a group of trustees, who would oversee the endowment and take care of the upkeep costs and taxes. The buildings and land at Red Top originally cost $150,000, an investment which Mr. Bingham rightly contends ought not to be allowed to go to seed.

If, on the other hand, the endowment fund cannot immediately be raised, which is highly likely, Mr. Bingham suggests that the present Varsity Boat House be sold, and the money used for upkeep until the endowment be raised. This boat house is situated on a point said to be a fine site for an inn, and conservative estimates claim that it would bring $15,000 as it stands, which would enable the remainder of Red Top to continue its activity until money had been raised to fund its yearly upkeep. The Variety crew would be quartered in the Freshman house, and the Freshman would be forced to row their race on the Charles, a sacrifice, but worthy in the face of the difficulties which have beset the training camp on the Thamos. Even with such economy, the event is a distinct drain on the H.A.A.'s war-chest, since transportation alone amounts to over $600. Mr. Bingham's suggestion indicates that there is a new spirit abroad in the Harvard Athletic Association. He should be supported in this intelligent and practical effort to make both ends meet at New London.