GIFT TO HARVARD.
£1,000,000 FOR BUSINESS TRAINING. New York, June 2. Harvard University lias received from Mr. George F. Baker 5,000,000 dollars (£1,000,000) as a permanent endowment for its graduate School of business Administration. Mr. Baker, “th© silent man of Wall Street,” i sa retired banker, 84 years old, who began life as a grocer’s errand boy at two dollars a week and is now one of the richest men in the country. In his letter making the gift Mr. Baker said it gave him pleasure to make the donatiJTi because whatever distinction ho had attained in life had been principally from his business experience. The School of Business Administration, for which Harvard is raising an endowment fund of 10,000,000 dollars, is a school for graduates of colleges and universities, art of its purpose is to elevate the methods, standards and ethics of business, and to this end it disseminates its teaching material among other collegiate and business school s.
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Hawke's Bay Tribune, Volume XIV, Issue 197, 29 July 1924, Page 7
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160GIFT TO HARVARD. Hawke's Bay Tribune, Volume XIV, Issue 197, 29 July 1924, Page 7
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