Mr. Charles Francis Adams '88, Treasurer of the Corporation, when asked last night to comment on the gift to the University of the bulk of his estate by the late Artemas Ward, declared that although he knew nothing of the gift except from newspaper reports as yet, he anticipated no difficulties in the transfer.

The property to which the University has fallen heir consists of he income from several corporations controlled by Mr. Ward. The University is now the virtual owner of the Ideal Cocoa and Chocolate Corporation and the Lister and Gum Corporation.

Profit From Vending Machines

Harvard will also receive the income from the vending machines, advertising facilities, news stands and other merchandising concerns of the, Interborough subway and elevated stations. Thus the University will profit by each stick of gum sold and each weight vended by the Interborough weighing machines.

Mr. William B. Nesbitt, who was placed in charge of the transaction under the terms of the will, estimated that the total estate was worth between two and three million dollars. One million dollars is deducted by Mr. Ward to be put in trust for his son, Artemas Ward '99, and with the exception of several minor bequests the residue is given to Harvard to establish the General Artemas Ward memorial.