MEETING OF THE TRUSTEES
At a regular meeting of the Trustees held in Hanover on Saturday, March 8, several important matters of business were transacted.
BUSINESS DIRECTOR APPOINTED
The most important of these was the vote to establish the position of Business Director of the College, and the election to that position of Professor Homer E. Keyes. This action is in direct line with the general policy of the Trustees to increase the educational effectiveness of the College by a proper subdivision of labor.
Through the creation of this new position, responsibility for business administration will be centralized in an officer who will represent directly the Committee of Business Administration of the Trustees, and whose entire time will be devoted to superintendency of the business affairs of the institution. The President, while parting with none of his authority in any sphere of the College, will thus be freed from purely business cares, and will be able to devote his energies more completely to the maintenance of educational ideas. The business departments of the College should under such organization be so unified and adjusted as "to secure in their operation the maximum of economy and efficiency.
SCHOLARSHIP AID INCREASED
The Trustees also adopted a new basis for the award of scholarship aid, in order to make proper adjustment of such aid to the increase of tuition. Beginning with 1913-1914, an increase of ten dollars for every five per cent advance in scholarship standing in excess of seventy per cent will be given to the students who receive scholarship aid. A rank of 60-70 per cent will then give the student $50; of 70-75, will give $60; of 75-80, will give $70; of 80-85, will give $80; of 85-90, will give $90. Aid to students averaging above 90 per cent will be awarded by special arrangement. As at present, students from New Hampshire will, under the Second College Grant Scholarships, receive ten dollars more than the regular sums awarded.
TELESCOPE ACCEPTED
The Trustees further voted "to accept the generous gift of Dr. F. C. Shattuck of a five-inch telescope and a sum of five hundred dollars to defray in part the expense of remounting and housing the same." A detailed account of this gift appeared in THE MAGAZINE for November.
FACULTY APARTMENT
It was also decided to remodel the old Thayer School Building for use as an apartment house for the faculty. In accordance with this vote, work has already been commenced under the direction of Superintendent of Buildings Wells. The remodelled building will contain four five-room apartments, and will serve materially to relieve the present difficulty in the housing of the faculty.
