Not only this University, but the entire system of education in this country, is benefited by the bequests of the late Henry Clay Frick. Here was a clear-minded, shrewd business man, a farsighted patriot, who saw how he best might serve his fellow-citizens. He realized the dire needs of America's colleges and went straight to the heart of the matter.

By thinking and acting in a very large and very generous way Mr. Frick did a notable public service; and so far as Princeton, Technology, and Harvard are concerned, he greatly relieved a precarious situation. His will is truly remarkable. Of the entire estate five-sixths, or approximately one hundred and seventeen million dollars, is to be devoted solely to the interests of the general public--to charity, art, and education.

Harvard's share, which has been estimated at five million dollars, is the largest unrestricted gift this University has ever received. That it comes as a surprise enhances its value; it will give new impetus to the Endowment Fund.