June 25

Fogg Receives Art Gift Worth $20 Million

Two longtime supporters of the Fogg Museum, George S. Abrams '54 and his wife Maida Abrams donated a $20 million art collection to the University, museum officials announced this week.

The collection is made up of 110 drawings by 17th century Dutch masters and includes two works by Rembrandt and one by Pieter Bruegel the Elder.

"It is the largest and most comprehensive private collection of drawings from the Netherlands of the 17th century in existence," said William W. Robinson, the Fogg's drawings curator.

Robinson said he is planning an exhibition of the new collection, which will be shown at the Fogg and museums in London and Paris during 2001 and 2002.

Greenspan Tells Grads Honesty is Best Policy

Economic times are good and likely to get better, Federal Reserve Chair Alan Greenspan told the Class of 1999, their families and alumni in his Commencement address on June 10.

In a half-hour speech that could have passed for a crash course in introductory economics--replete with terms like "comparative advantage" and "capital assets" as well as stories from economic history--Greenspan outlined the ways in which new technologies have led to growth.