| The
University
and the City A Centennial View of the University of Chicago |
page 3 of 3| « previous | next » | |
|
A City Builds a University The
Promise of the New A trip by Harper to Europe in the summer of 1891 produced another opportunity for Chicago donors to show their generosity. Learning that the entire stock of an long-established Berlin book dealer was available for sale, Harper submitted a purchase offer of $45,000 and returned to Chicago hoping that donors could be found to underwrite the cost. He was not disappointed. Nine Chicago businessmen including Hutchinson, Ryerson, Kohlsaat, Charles H. McCormick, and Charles R. Crane pledged the necessary amount, and the University immediately acquired one of the largest academic research collections in the country. Encouraged by Harper's successes, John D. Rockefeller made a million-dollar gift to the University in late 1890. The next major gift came from Chicago in January 1891, an endowment from the estate of William B. Ogden for a graduate school of scientific research; Ogden had been the mayor of Chicago and for many years the chairman of the Old University board of trustees. Rockefeller provided an additional million dollars for University operations in February 1892, and his generosity prompted Marshall Field to say, "Now Chicago must put a million dollars into the buildings of the University". Spurred by a $100,000 challenge gift from Field, a frenetic ninety-day campaign was launched. Money for critically needed University buildings was given by Martin Ryerson, George C. Walker, Silas Cobb, and Sidney Kent, and by a new pool of donors representing the women of Chicago: Mrs. Elizabeth Kelly, Mrs. Nancy A. Foster, Mrs. Jerome Beecher, Mrs. A. J. Snell, and members of the Chicago Woman's Club and Fortnightly Club. The campaign was a resounding success, and the University opened in October 1892 with the assurance that through the generosity of Chicago citizens, funds for the classrooms, residence halls, and laboratories essential to its academic work had been secured |
||
| page 3 of 3| « previous | next » | ||