• U.S.

Education: Prophet in His Own Town

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Last November, University of Chicago’s President Robert Maynard Hutchins predicted in a Saturday Evening Post article that endowed universities, would become poorer, could expect few big gifts in the future. “Universities in the same area,” he concluded, “will have to combine.” (President Hutchins had already proposed that Chicago and Northwestern University merge.) Events soon showed that U. S. philanthropy is unpredictable. Last fortnight President Hutchins was obliged to announce one of the richest hauls in University of Chicago’s history—a total of $8,000,000 in December. Major item: the $3,500,000 Lake Forest estate (including a top-rank, 18-hole golf course) of Adman Albert Davis Lasker.

Neighbor Northwestern last week retorted that 1939 was the richest year in its history. Total gifts: $9,203,104.

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