that the first proceeds of the fund be used to finance the
alumni office, and that the journal be sent to all subscribers of five
dollars or more. Also included as a part of the plan was the
appointment of a full-time alumni secretary, and the creation of a
permanent committee to administer the fund.
The General Committee approved the report and authorized the
solicitation of conditional gifts prior to submitting the plan to the
Association in June. About $3,000 was pledged during this interim. In
addition, Tech News contributed $1,000, and Masque, $250, to establish
a principal account of the fund. This principal account was later
named the Francis W. Treadway Fund, soon after the death of that
distinguished lawyer and statesman, December 24, 1925. The
enthusiastic adoption of the Living Endowment plan was followed by the
appointment of an Alumni Fund Board, with Mr. Rankin as chairman and
Mr. Treadway as honorary chairman. Mr. Taylor was appointed alumni
secretary on a full-time basis in June, 1924. The results of the first
year's efforts were 866 gifts and $16,660.
An effort was made in June, 1922, to duplicate in part the
elaborateness of the 1921 alumni reunion. It was only partially
successful, and caused a serious deficit. The central figure of the
week's program was Elwood Haynes, '81, famous not only for his early
development of the automobile but for his later inventions of
stainless steel, Stellite, and chrome iron. He read a paper on this
subject before an open meeting of Sigma Xi. At the graduation
exercises later in the week, Dr. Hollis presented to him the John
Scott Medal, which had been conferred upon him by the trustees of the
Philadelphia Fund. A regrettable and stupid omission was the award of
an honorary degree to this distinguished graduate. He died three years
later without appropriate honors from his alma mater.
Alumni Day was a busy one, with a luncheon, stunts and games on Alumni
Field, and an automobile parade through the city to the gymnasium for
the annual dinner. Another feature of the reunion was an industrial
exhibit in the Electrical Engineering laboratories, showing machines
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