CHASE IS ELECTED SENIOR AGENT OF ALUMNI GIFT FUND

Theodore Chase '34, of Concord, has been appointed Senior Class Agent of the one million dollar Harvard Fund, an organization supplying the University with money from voluntary graduate contributions. Chase, who was recommended for the appointment by the Senior Class Officers, prepared at Groton, was editor-in-chief of the Freshman Red Book, Manager of the 1933 Hasty Pudding Show, and is at present Treasurer of the Student Council.

The Harvard Fund, of which Samuel H. Wolcott '03, is chairman, was founded in 1925 as a permanent organization to secure yearly voluntary contributions from the Alumni. There is no restriction as to how this money should be used by the University, and the amount fluctuates with the current conditions. As Class Agent it will be Chase's duty to send annual appeals to the members of his class and to supervise the collection of the contributions. These appeals must be over the agent's own signature.

Chase's first request for contributions from his class will contain several points, the most important of which are the following:

1. The Fund is wholly an alumni organization, run by the alumni, and in contributing to it the Class of 1934 will follow a precedent established not only by the alumni body in general, but by the past graduating eight classes, each of which began to contribute to the Harvard Fund in his Senior year.

2. Whatever a Senior gives to the Fund this year and in each succeeding year until 1959, goes on interest with the general University funds (normally earning about five per cent). At compound interest this money should double in 14 years; so that a dollar given by a Senior now, without any further work or attention on his part, will be worth more than three dollars at the time of his Twenty-fifth celebration.

3. Theodore Chase '34, as Class Agent, will send his first letter of appeal to the Class before the end of March.