And mark an era;: The story of the Harvard Business School by Melvin Thomas Copeland, Stanley F. Teele

By Melvin Thomas Copeland, Stanley F. Teele

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Sample text

Two years later, Mr. Lamont and Mr. Howard Elliott, who was Chairman of the Visiting Committee, raised one hundred and twenty-five thousand dollars from friends of James J. Hill, to endow the James J. Hill Professorship of Transportation. Subsequently Mr. Hill himan additional one hundred and twenty-five self gave the School thousand dollars for endowment, the income from which was to be available for general purposes until required for the further development of courses in transportation. 35,320 dollars was added to the endowfrom twenty donors.

Thomas W. Lamont was largely instrumental in obtaining that gift. Two years later, Mr. Lamont and Mr. Howard Elliott, who was Chairman of the Visiting Committee, raised one hundred and twenty-five thousand dollars from friends of James J. Hill, to endow the James J. Hill Professorship of Transportation. Subsequently Mr. Hill himan additional one hundred and twenty-five self gave the School thousand dollars for endowment, the income from which was to be available for general purposes until required for the further development of courses in transportation.

The purpose of the School from - the beginning was to provide an opportunity for professional training in business administration for college graduates. The number of special students was greater in 1908-1909 than in any subsequent year. The decline in enrollment of special students was the result of Faculty policy. Special students had been admitted partly as a service to the local community but chiefly to fill the ranks while the School was getting started. But piecemeal programs were judged undesirable as a permanent method help of providing professional education.

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