Excerpt from The Mirage, 1920, Vol. 35: A Year Book
When the announcement Of this great philanthropy was first made, even those in closest touch with the founder did not fully realize its magnitude and far-reaching effect. In fact it may be doubted if Mr. Rector himself realized the limitless possibilities of the thing he was doing. Sure it is that those charged with the Administration of the Foundation are, with the passing of time, more and more impressed with its growing importance and beneficence. That eminent man who, in making the announcement of the bequest, said ln substance that it was the greatest thing that had ever been done for the cause of learning in the Middle West seems most nearly to have caught the vision.
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