T H E
EX H I B I TI O N S AT H ARV AR D C O LLE G E
FOU N D E D PR I O R TO 1 8 00
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T H E h i st o r i es o f H a r va r d C o ll e ge all fu rn is h i n fo r m ati o n c o ncern
i n g the seve r al fi mds gi ve n t o the C o lle ge fo r the p u rp o se o f es t ab
Eli o t gi ves a t ab u l at ed st ate m e n t
l i shi n g exh i b i ti o ns at C am b r i d ge
w hi c h p u rp o r ts to c o n t ai n all the gi fts r ece i ved b y the C o ll ege d o wn
Thi s s tate m e n t w as al s o p u b l i s he d i n p am phl e t
t o t he ye a r 1 8 48
fo rm
T h e e x hi b i ti o ns a r e n o t , h o we v e r , sep ar at e ly co ll at ed i n an y
Th e r e i s e n o u gh o f hi st o ri c al i n t e r es t co n
o f t h e se p u b l i ca ti o n s
u st i fy the p u b l i c at i o n o f a l i s t
n ect e d w i t h the e arl y ex h i bi ti o ns t o &
co m p o sed e xc l u s i ve l y o f benefic i a r y t r u s t s fo r s tu den t s r ece i ved b y
the C o ll e ge pri o r t o 1 8 0 0 , s h o w i n g the s o u r ces w h e n ce t h e y cam e
an d the s p ec i fic p u rp o ses t o w h i c h t h e i r fou nde r s ded i c at ed t h e m ,
e v en i f s u c h a l i s t s h o u l d c o n t ai n b u t l i ttl e i n fo rm ati o n t h at i s new
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L ADY M O WL S O N GI FT T h e firs t s cho l arshi p at Harvard was fou n d e d
T h e m on ey w as r e cei ve d b y
i n 1 6 43 b y A n n M o wl so n o f L o n do n
T h om as Wel d P asto r o f t he R oxbu ry Chu rch wh ose au th o ri ty i n th i s
b eh al f w as deri ve d from the Gen e ral Cou rt o f M assachu se tts B ay T h e
am ou n t o f the gi f t w as £ 1 0 0
an d p ay m e n t w as m ad e b y W e l d t o the
C o u n try T r easu re r Int e re st o n th i s fu n d w as pai d to the Col l e ge b y the
C ol o n y un ti l 1 6 8 5 w h en for so m e re ason i t l ap se d ; bu t i n 1 7 1 3 p aym en t
of p ri n c i p al an d i n te r e st w as m ade to the C o ll ege T re asu re r
T he C o ll e ge i s i n p osse ssi o n o f a d o cu m e n t se tti ng fo r t h o ve r t he sign a
t u r e of the fo u n d e r o f thi s sc h ol arshi p he r pu rp o se i n e stab l i shi n g i t
By
the t e r m s of thi s d o cu me n t i t app ear s th at the ye arly re ve n ue o f thi s fun d
w as
a cc o rd i n
o he r
an d p i ou s i n te n ti o n
o b e a n d to re m ai n a
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p erp e tu al sti p e n d fo r an d to w ard s the p e rpe tu al m ai nt e nan ce of so me p oo r
s ch o l ar w ho shall b e adm i tted i n to the sai d C o ll e e by the said tru stee s o r
g
the m aé o r p art of th e m w h i c h p o o r s ch o l ar i s to e nj oy the sai d ye arly
sti p e n d o n ly u n ti l such ti m e as su c h p oo r sc h o l ar d o th attai n th e d e gr e e o f
a M aste r o f Ar ts an d n o l on e r an d t h e n t he sai d y e ar ly sti p e n d sh all b y
g
the s ai d tr uste e s b e b e sto w e d u p o n an o the r p o or scho l ar o f the sai d C o llege
w h o m the sai d tru ste es sh all thi n k b e st d e se rvi n g so the sai d sti p e n d t o
i
o
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u cce ssi o n fro m o n e p oo r sc h o l ar t o an o th e r
s
t h e r e fo r an d t o ward s
g
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t h e i r y e arly m ai n ten an ce i n p e r p e t u u m i n m an n e r an d fo r m as afo r e sai d
S u ch facts as are kn o wn re l ati ve to the hi story of thi s sch o l arsh i p are
p u b l i sh e d i n the Pr oceed i ngs o f the Am eri can An ti qu ari an S o ci e ty for
O ctob e r 1 8 8 7 I t i s u n qu e sti on ab ly the ol d est and m ost i n ter e sti ng
foun dati on o f the kin d i n t hi s cou n try
I ts age w ou l d e n ti tle i t to r e sp ec t
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I t i s u n for tu n at e t h at n o i n fo r m ati o n as to the fo u n d e r
even i n E n gl an d
has b e e n o b tai n e d ; an d i t m u st b e r e gar d e d as so m e wh at r e m ark ab l e th at
fro m the d ay o f i ts fo u n d ati on t o the pr e se n t ti m e fate se e m s to h ave
d e te rm i n e d t h at the L ad y Mo w l son sch o l ar sh i p sh o u l d n o t h av e an i n d e
p e nd e n t e xi ste n ce ri
J OHN GL O V ER FUND I n 1 6 5 3 Joh n Gl o ve r o f B osto n l e ft to H ar
vard Coll e ge at C am b r i dge fo r an d toward s the m ai n te n an c e o f a Fello w
”
t h e r e fi v e p o u n d s a ye ar fo r e v e r
I t i s state d i n the Tr e asu r e r s R ep or t
t h at t h i s ann u i ty i s ac cu mu l ati n g
I n 1 6 5 7 E d ward H o p ki n s G o vern o r
E DWARD H O P & IN S BE Q UE S T
&‘
fo r the b r e e d i n g u p o f h o p e fu l y o u th s
o f C o n n e c ti c u t l e f t a su m o f m o n e y
b o th at the Gr am m ar S ch oo l an d C o ll ege fo r the p u b l i c se rvi ce of the
”
C ol o n y i n f u tu r e ti m es
Th i s b e qu e st has fi gu r e d i n the cou r ts b oth
si d e s of the o c ean b u t i s n o w i n the h and s o f tr u ste e s an d the C o ll e e
g
r e ce i ve s a p ar t o f the i n co m e from i t : I t s h isto ry has b e en re p eate dly
p u b li sh e d
S i ce t h e p bl i cat i o of th e p ap er i n t he P rocee d i ngs of th e A m eri can An ti quarian
T h e fi rst S chol arsh i p at H ar v ar d C o l l e ge
S oci e ty e t i t l e d
I h av e b een w atchfu l for
I fo d i Brown G ene sis
a y th i g w h i ch m i ght h lp m e i n i d e t i fy i g L ad y M o w l s
of the U ni t d S t t e th at T homas Mo l on w as p re e t Ap ri l 1 5 1 6 1 4 at the C ou rt of
A ssi stan t o f t he G rocers C om p a y T he fact th at t he n am e i s ot a comm on o e an d th at
i t o cc e d i co n e ct i o w i th A m e ri ca v e n t re s l e d m e to th e co cl si o th at th e re f re ce
w as w orth p re e rv i g
Mr Joh Ward D ea has ki n d l y cal l e d m y attent ion to th e fact
th at S i r T hom as M o l so Lord M ay or of Lo d i n 1 6 34 w as k i ghte d at G e e i ch on
t h e l st of J
e i
that y e ar T hro gh hi s assi stan ce I am abl e to trace i th e C al e n dar
of S tat P ap ers D m e ti c 1 6 33 6 e o gh of the career of S i T hom as t o di scl ose t he fol
l ow i ng facts I M arch 1 6 34 t he Lord May or of Lon do di ed T hom a M l o at that
ti m e a al d rm a w s chose to u ccee d i th at government A fter h i s term of offi ce as
L ord May or w as compl ete d h e agai n serv e d as lde rm an H i s m e app e ar i n e po ts to
t he C o
ci l a d com m i cati o to hi m a e to b e foun d from th e h an ds of the C ommi s
s i o e rs o f P i o s U e a d f o m t h e & i g
p 282 Mo l son i s
I
F ll er s Worth i e s o f E gl a d N ttal l s Ed i ti on 1 8 40 v o l i
cl as i fie d as a ati v e o f C h esh ire an d i t i s there tate d th at th i s T hom as Mo l on fou de d
h e fo nd ed
a d i a ote N tt all st at e s th at
a fai r school i n th e to w n w h e re h e w a b or
H e al o e d ow e d a sch 0 0 1
a ch ap el at H argrav e S t bb s a d en d ow e d i t w i th 40 1 a y e ar
ad&
oi n i g w i th 20
N ttal l re fe rs to L y o s C h esh i re for h i s a thori ty
T r i g to
th i s vo l m e w h i ch i s th e econ d p art of t he eco d vol m o f Ly o s M agna B ritan i a
w e fi d r fe r e c s to S i r T hom as o p age s 400 an d 79 8
T h e ch0 1 w h i ch h fo n de d w as
H e
fo th e gov ern m e t e d cati on an d i nstr cti o of y o u th i n gramm ar an d vi rt e
di re cte d th e ov erpl s of re ts ari si n from certai l a d th en b y hi m gi v en to b e
ori ty of the fe oflees h al l th k fi t
appl i e d to t h e re l i e f f s ch p oor p erso s as t h e ma&
Th
am e i s ge n erall y spe l t M o lso n b t i t occ rs on ce i n t he C al en d r of S tate Papers
M ow l o
I t appears i n the li t of S herifi sf or Lon don and Mi ddlesex gi ven i n F u ll er s Worth i es
v ol i i p 40 7 2 1 Jam e s L
T h e facts bri g be fore us a su cce ssf l merch ant a d a p u bl ic piri te d ma w hom hi s
fe llow ci ti en d el ighte d to h onor H i s i terest i n Am erican affairs w h i ch l e d hi m to b e
p resen t at th e m ee ti g o f the Co rt of As i t ants of the G rocer C om pa y h as b ro ght hi s
sti on
n am e i n to a A m e ri ca b o ok p ub l ish e d n e arl y thre e ce n turi e s aft er t h e m ee t i n g i n q
H e re cogni e d hi s obl i gati on s to h i fe ll ow m e n an d sought to p rov i de for the w e lfare o f
p o te i ty o t of the fort ne w h i ch h had acc m lated
e cti on b e t w e en L ad y A nn Mo w ls n th e L o n d on w i d ow Wh o i n 1 6 43
I s th ere an y co
fou n d e d th e fir t cholarsh ip at Harvard a d S i r T hom as Mo l n Lord Mayor of Lon don
d er of the choo l at H argrave S tu b b s & T hi s q u esti on can b e e asi ly an sw ere d by
a d fo
B ri ti sh a ti q ari e s
A n annu i t y l e ft by &ohn N ewgate in 1 65 0 al t h ough b y i ts te rms
N E W G A T E AN N ITY
n o t an x h i b i t i on w as o ft e n tre at e d as su ch b y th e C oll e e a thori ti e s
l
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h i sto i es Q i ncy gi ves som e de tai l s i n h i s Hi story O f H arvard Co ll ege F or furt h er par
t i cu l ars see :
N E H i st a d G en R eg v o l 38 pp 31 5 31 6
A B ri e f Acco n t of th e F un ds th at cam e from th e E tate of Ed ward H opk ins from tlfe
Cam brid ge 1 886 &P re
R e p ort of th e S choo l C o m mi tt e e of C ambri dge for the year 1 885
pare d b y Joh Le wi s H i ldre th ]
t of the Tr st ad m ini stere d by the Tru stees of the C hari ty of E dward H opki ns
A A cco
b y C h arles Pi ck eri g B ow di tch Pri v ate l y pri nte d 18 89
T mb ll C
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5
J OHN D O D E R I D G E ANNUI T Y I n 1 6 5 9 J oh n D o d e ri dge b y wi ll d u ly
p ro ve d at L o n d o n E ngl an d l e f t an an n u i ty to the C o ll e ge T he cl au se i n
the w i ll r e l ati n g to the e x h i b i t i o n i s as follo w s :
A l so I gi ve an d b e qu e at h u n t o ye Coll e ge i n N e w E n gl an d to w ar d s ye
m ai n te n an c e o f sc h ol ar s th e r e ye y e arly s u m o f te n p o u nd s to b e f ore v e r
o ffe r i ng an d go i n g fo r th o u t o f m y sai d R e c t o ry o f Fr e m i n gt o n i n ye
Co un ty o f De v o n
Th i s an n u ity w as p ai d u n ti l 1 6 8 5 I n 1 7 20 ste p s we re t ak e n t o te st
Th i s w as the cau se o f c o n si d e r abl e e x
the l e gal r i gh ts o f the Coll e ge
t he q u e s t w as
I
n 1 7 37
n d i t u re o f m o n e y w i t h o u t r e t u r n o f an y s or t
e
p
ab an d o n e d as h op e l e ss b y ad vi c e o f Co u n se l
R O B ER T & EYNE H OU S E I n 1 65 9 Ro b e rt &e y n e o f Bo sto n l e ft to
al so t he o n e m o i e ty o r h al fe p ar t o f a
the Coll e ge a l e gacy o f £ 1 0 0 an d
h o u se si tu ate i n Bo ston ne ar to the ol d m e e ti n g h o u se v al l u e d at o n e
h u nd r e d an d forty fi v e po u n d te n sh i ll in gs
T h i s h o u se w as s ol d to Col
P ai ge July 8 1 6 9 6 fo r £ 1 0 0 T he te stat or s d e si re w as t h at the b e qu e st
i m p ro v e d an d u se d for t he u se an d h e lp o f p oo r an d h op e fu l
sh o u l d b e
b u t he l e ft the d i spo sal o f t he prop e rty t o the d i sc r e ti o n o f the
sch ol ar s
Pr e sid e n t Tr u ste e s an d O v e rse e r s
T he i n c o m e w as f re q u e n tly d i s
tri b u t e d am o n g poor sc h ol ar s
H EN R Y W E B B L E G A C Y I n 1 6 6 0 H e n ry We b b l e ft the Coll ege b y
n t t o b e for e v e r for t he m ai n t e n an c e o f
ll
h
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u se i n Bo st o n
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H e
so m e po o r sc h ol ar s or o t her w i se fo r the b e st go o d o f the Coll e ge
al s o l e ft £ 5 0 to b e i n v e s te d i n p as tur e gro u n d o r a h o u s e t he y e arly i n c o m e
o f w h i c h w as t o b e appl i e d to the s am e e n d s
T he h o use s too d w h e r e L i t tl e Bro w n
C o s b oo k st or e n o w stan d s
T he prop e r ty st i l l b e l o n gs t o the Coll e ge
T he l i b e r al c h ar ac t e r o f t he
fo u n d at i o n l e a v e s the appl i c ati o n o f the i n co m e o f the fun d e n t i r e ly u n d e r
the co n tr o l o f t he Coll e ge au t h or i ti e s
I t m ay b e that m or e u se fu l appl i c a
ti o n can b e m ad e o f t h i s i n co m e t h an i n t he e stab l i sh m e n t o f o r d i n ary
sch ol ar sh i p s ; ye t i t w o u l d se e m th at a su i t ab l e r e co gn i ti o n o f t he l i b e r al
fo u n d e r o f t h i s tr u st wo u l d r e qu i re t he associ ati o n of hi s n am e w i th so m e
C atalogu e
s c h ol ar sh i p s o t h at i t m i gh t b e S pr e ad u po n the p age s o f t he
e ac h y e ar as a p e r m an e n t r e co r d o f the grati tu d e of the C o ll e ge
WILL I AM P E N N O Y E R S C HOLAR S H I P S T he wi ll of Wi ll i am P e n n oye r
th r o u gh w h i ch the Coll e ge w as pu t i n po sse ssi o n o f an an n u i ty o f w h i c h
i t s ti ll r e c e i ve s the b e n e fi t w as e x e cu te d i n 1 6 7 0
T he i n c o m e i s for t he
b e n e fi t o f t w o fel lo ws and t w o sch ol ar s o n e o f th e m to b e o f the
p o s te r i ty o f R o b e r t P e n n oye r as o ft e n as o ccasi o n sh all p r e se n t ; the o th e r
t o b e O f N e w H av e n Col o n y i f co n v e n i e n tly m ay b e
Wh e n the cl au se
i n the w i ll c o n tai n i ng t h e se pro v i si o n s w as t ran scr i b e d for t he ai d o f the
Coll e ge au th or i ti e s i n assign i n g th e se sch o l ar sh i p s an e rro r o f c h i ro grap h y
s erv e d to p u z z l e the Coll e e fa th e rs for n e arly fi fty y e ar s
p
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as e i n
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t he o r i gi n al w i ll
the o th e r t he Co l o n y o f n o w or o f l ate c all e d N e w
H ave n b e c am e w h e n t r an sc r i b e d the ot h e r the C olo n y o f N o x o r o f l ate
T he h i sto ry o f t h i s c u ri o u s e rror so far as i t m ay b e
c all e d N e w H ave n
ath e r e d fro m t he r e c or d s o f t he Coll e e m a
f
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o f the A m e r i c an A n ti q uar i an S o c i e ty fo r A pr i l
A d e sc ri p ti o n o f
1 887
the sch ol ar sh i p w i ll b e fo u n d i n t he Coll e e c atal o u e
g
g
E LDER P E N A NNU I T Y
I n 1 6 7 1 E l d e r P en l e f t an ann u i ty o f £ 1 0
pe r ann u m fo r p o or sch ol ar s at the Coll e ge b u t n e i th e r the fu n d s n or the
di stri b uti o n we r e u n de r the con tr o l o f t he C o rp o rati o n
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6
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b e an an n u al e n co u r age m e n t to so m e go d ly m i n i ste rs w ho m ay b e su c h
w h o sh all b e b y m y tr u s t e e s j u dge d fai th ful to th o se pri n ci pl e s i n C hh
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BROWNE S C HO LAR S HI P I n 1 6 8 1 Wi ll i am Br o wn o f S al e m b e qu e ath e d
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Wi ll i am Brow n
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as m u c h as I can d o c o n si d e r i n g m y e s tat e an d the m an y p o o r r e l at i o n s I
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S T OU G H T ON S C H O LAR S HI P I n 1 7 0 3 Wi ll i am S tou gh to n le ft t o the
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C h e ste r s ch ol ar s ;
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CA P T AIN RIC HARD S PRA G UE BE Q UE S T I n 1 7 0 3 C ap tai n Ri ch ar d
S p ragu e o f C h arl e sto wn l e f t £ 40 0 t o H arvar d C oll e ge to b e d i spo se d o f
fo r the b e n e fi t an d ad van tage o f the C o rp o r ati o n acc o r d i n g to the d i r e ct i o n
o f V i c e Pr e si d e n t Wi ll ar d J o h n L e v e r e tt R e v Wil l i am Br attl e an d R e v
S i m o n Brad stre e t I n 1 7 26 Brad st re e t b e i n g th e n the o n ly su rvi v o r of
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BEN&AMIN BR O WN BE Q UE S T I n 1 7 0 8 B e n j ami n Br o wn b e qu e ath e d
t w o h u n d r e d p o u n d s for the su p p or t o f p o o r sc h o l ar s p re fe r en c e to b e gi v e n
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to S al e m s ch o l ar s
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TH O MA S BRA TT LE BE Q UE S T I n 1 7 1 3 T h o m as Brattl e b e qu e ath e d
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I n 1 7 20 C o l S am u e l Br o wn gave
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If su ch lo d gi n gs sh all n o t b e fro m ti m e to ti m e go t an d k e p t i n go o d
4
re p ai r or i f an y pre l ati cal i nj un c ti on sh all b e i m p o se d o n sai d S o c i e ty yt
i n su ch c ase m y gi f t sh all r e v e r t to m y h e i r s
I sh all advi se o f a m e e t for m for su ch an i nstru m e n t as so o n as a C ol
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l e ge i s gath e r e d
I n a c o d i ci l to hi s w i ll D an fo r th l e ft th e se l e ase s to the
”
Coll e ge o n su ch c on d i t i on s as I shall n am e
B e gi n n i n g w i th the y e ar 1 7 30 the D an for th o r Fr am in gham l e ase s
figu r e r e gu l arly i n the l i st o f e x h i b i ti on s For m an y y e ar s n o si ngl e e x
I n 1 8 0 6 i n a l i s t o f e x h i b i ti o n s
hi b i ti o n o n t he l i st e qu all e d th i s i n v al u e
f or su n d ry l e gac ie s an d d o n ati o n s am o u n ti ng to
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M ILL S L E G A C Y I n 1 7 25 M rs An n e M i lls l e ft the C o ll e ge a
l e gacy o f £ 5 0 wh i ch fifty p o u n d s m y w i ll i s sh o u l d b e i m prove d to w ar d s
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SAL T ON S T ALL S C HOLAR S HI P S
I n 1 7 30 M ad am M ary S al to n st all
w i d o w O f G ov G u rd o n S alto n stall o f Co n n e c ti cu t b e q u e at h e d to t he C ol
l e ge £ 1 0 0 0 the i nco m e o f wh i ch w as to b e gi v e n to t w o p e rso n s w i th o u t
al w ay s d i sse n te r s
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m e an s o f b ri gh t p ar ts an d go o d d i l i ge n c e &
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fo r the C h u r ch o f C h r i st ; th o se r e l at e d to the gi v e r b y c o n san gu i n i ty t o b e
p r e fe r re d T h e se sch o l arsh i p s are d e scri b e d i n the C atalogu e
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SAMUEL BROWN BE Q UE S T I n 1 7 31 Col S am u e l Bro wn the
b e q u e ath e d hi s e state i n
sam e w ho i n 1 7 2 0 gav e £ 1 5 0 fo r an e x h i b i ti o n
H o p k i n to n the i n c o m e t h e r e o f to b e u se d fo r b ri n gi n g u p po o r sch ol ars
T h i s b e qu e st i s
t h o se r e c o m m e n d e d b y hi s po ste r i ty t o b e pr e fe rr e d
i n cl u d e d i n t he sch ol ar sh i p d e scri b e d i n the C atal o gu e as the Br o w n e
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NA T HAN I EL H OLLI S G I FT Janu ary 2 7 1 7 31 —2 Nath an i e l H o ll i s
t r an sm i t t e d £ 35 0 i n Prov i n c e B i ll s to gi v e an e x h i b i ti o n fo r t w o m o re
s ch ol ar sh i p s s u bj e c t t o the s am e r u l e s an d ord e r s as the t e n e stab l i sh e d b y
Wh at I ch i e fly i n te n d i s yt th e y b e
hi s l at e b ro th e r Th o m as H oll i s
b o th I n d i an st u d e n ts n o w an d at all ti m e s i f th e y can b e had ; b u t i f n o t I
l e av e yt to ye C oll e ge t o fi ll u p w i th su ch p e rso n s as th e y j u dge p i ou sly
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D e sc ri be d i n the C atal ogu e u n d e r H o ll i s
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D ORO T HY SAL T ON S T ALL S C HOLAR S HI PS I n 1 7 33 D or o th y S al to n stall
b equ e ath e d £30 0 the i n te r e st th e r e o f to b e e m pl oy e d y e arly for the b e n e
fi t o f t w o poor s ch ol ar s acc o r d i n g to the d i s cre t i o n o f the Pr e si d e n t an d
F e ll o w s o f sai d C oll e ge fo r the ti m e b e i n g Th e se sch ol ar shi p s are d e
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THOMA S F I T C H L E G A C Y I n 1 7 37 the Coll e ge re c e i v e d a l e gacy
for the e d u cati o n o f sch ol ar s o f go o d
of £ 30 0 fro m H o n T h o m as F i tc h
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cap aci ty fo r the w ork of the m i n i stry
T h i s w as treate d as an exh i b i ti o n
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10
PRE S I DEN T WAD S W O R T H S CHAR I T Y B A G I n 1 737 Pr e si d en t Wad s
w o r th b e qu e ath e d o u t o f the m o n e y i n hi s c h ar i ty b ag £ 1 1 0 si x po u n d s
of the an n u al i n c o m e th e r e o f to b e fo r the su pp o r t o f s o m e poor sc h o l ar
tho t o n o d u n c e o r r ak e ) at t he d i s
o r s c h ol ar s r e si d i n g at the Coll e ge &
cr e ti o n o f t he Co rpor ati o n A n d i f an y r e l ati ve to m e b y b l o o d sh o u l d b e
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at t he Coll e ge an d n e e d I w o u l d h av e su c h o n e prefe rr e d
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J OHN E LLERY B E Q UE S T I n 1 7 38 £ 1 5 0 ol d te n o r w as l e ft b y
J oh n E ll e ry for the m ai n te n an c e o f an y o f the stu d e n ts th at m ay stan d i n
T h i s l e gacy w as t re ate d as an e x h i b i ti o n an d ap pe ars
n e e d o f su c h he l p
u p o n t he an n u al l i st s i n the r e c o r d s fo r m an y y e ar s
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D ANIEL H EN C HMAN GI FT S I n A p ri l 1 7 4 2 D ani e l H e n ch m an gave
the Coll e ge 1 0 0 o z o f si lv e r the an n u al i n co m e to b e add e d t o the sal ary
I n O c to b e r o f the sam e y e ar he
o f the H o l li s i an Pr o fe sso r o f D i v i n i ty
I
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av e £ 1 5 0 for the sam e p u rp o se
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as t o b e appl i e d i n t h i s w ay so l o n g
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as t he Pr o fess o r sh ou l d b e a m an o f the C o n gr e ati o n al or Pr e sb y t e r i an
g
C h u r c h an d w o u l d pro fe ss an d te ach the pri n ci ple s o f the C h r i s ti an r e l i gi o n
acc or d i n g t o the w e ll k n o w n c o n fe ssi o n o f fai t h d r aw n u p b y a sy n o d o f
F ai l i ng e i th e r o f t h e se p oi n ts i t w as to b e
the c h u r c h e s i n N e w E n gl an d
u se d f or t he b e n e fi t o f so m e d e se rvi n
s tu d e n t o f sai d Coll e e w h o se p ar e n ts
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sh o u l d n o t b e ab l e to b e ar t he c h arge s o f hi s p u b l i c e d u c at i o n an d w ho
sh o u l d al so b e appr o v e d b y t he p as t or o f t he O l d S o u th C h u rc h i n B o st o n
I n 1 758
fo r t he ti m e b e i n g pr e fe r e n c e b e i n g gi v e n to a c h i l d o f Bo s t o n
H e n c h m an al so gav e £ 6 6 1 3s 4 d t he i n te re st o f w h i c h w as t o b e gi ve n to
the H o ll i s Pro fe sso r o f M ath e m ati c s
PRE S I DEN T H OLYO & E GIFT AND L E G A C Y I n 1 7 43 Pr e si d e n t H ol
yo k e gave £ 1 0 0 ol d te n o r t o the Coll e ge the i n co m e to b e for the u se of
t he Coll e ge u n ti l fu r t h e r di r e c t i o n s w e r e gi v e n for t he d i spo sal o f t he sam e
By hi s w i ll he l e f t £ 1 3 6 s 8 d l aw fu l m o n e y t he i n co m e at pr e se n t as
the Corpor at i o n s h all se e m e e t b u t m y w i ll i s t h at w h e n at an y t i m e h e r e
afte r th e r e sh all b e o n e o r m o r e r e l at e d t o m e b y c o n san gu i n i ty sh all b e a
m e m b e r o r m e m b e rs o f sai d Coll e ge the i n co m e o f t h i s m y b e q u e st as al so
o f t h at gi ft w h i c h I gav e t he Coll e ge ab ou t t w o an d t w e n ty y e ar s ago v i z
T shall b e gi ve n to su c h r e l ati v e o r r e l ati ve s o f
o n e h u n d r e d po u n d s 0
m i n e i f th e y sh all s tan d i n n e e d o r w an t t h e r e of su ch wan t t o b e j u dge d
b y the c o rpor ati o n o f sai d Coll e ge
H ENRY FLYN T B E Q UE S T I n 1 7 6 0 H e n ry Fly n t the ve n e r ab l e t u to r
b e qu e ath e d £ 7 0 0 o ld te n o r o r £ 9 3 6 3 8 d l awf ul m o n e y the an n u al l n
co m e t o b e for the fo u r se n i o r tu tors as an add i ti o n to th e i r sal ar i e s H e
the
ol d te n o r o r fifty Sp an i sh d oll ars
al s o l e ft a l e gacy o f £ 1 1 2 1 0 s
y e arly i n t e re st to b e p ai d to o n e or m o r e n e e dy sc h ol ars w h o are d i l i ge n t
M y r e l at i ve s o f t h e
an d vi r t u o u s at the d i s cr e ti o n o f t he C o r p o rati o n
”
b l o o d to h ave the pr efe re n ce
T h e se b e q u e sts are r ec ogn i z e d i n the
Tr e asu r e r s r e por t
I n 1 7 6 5 R e v D r J o se p h S e w all
R E V D R J O S E P H SEWALL GI FT
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av e £ 2 0 l a w fu l m o n e y
u b b ar d i n for m e d t he Corpor ati o n t h at Dr
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S e w all si gn i fi e d to hi m th at he d e si re d the i n co m e o f thi s d o n ati o n sh o u l d
b e d i sp o se d o f to n ee d y sch o l ar s
R E V D R A PP LE T ON GI FT
I n 1 7 7 2 R e v Dr A p pl e ton gave to the
Pr e si d e n t an d F e llows o f Harvard Coll e ge £ 30 l aw fu l m o n e y d e si ri n g
an d e x p ec ti n g the an n u al i n te r est th e r e o f b e e ve ry y e ar exh i bi te d t o so m e
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well d e se rvi ng stu d en t at the College w h ose ci rcu m stan ces sh all n e e d su c h
ch ar i table assi stan ce ; an d wh e n e ve r an y o f m y p ost eri ty sh all b e at the
C oll e ge th at th e y S h all h av e the b en e fi t of th i s d on ati on i f t h e i r p are n ts o r
u ard i an s S h all d e si r e i t ; an d th i s d o n ati on i s i n st e ad o f ye legacy gi v e n to
g
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sai d C o ll e ge i n m y l as t w i ll an d te stam e n t
Notwi th stan d i n g th i s l ast cl au se the Coll ege rece i ve d i n 1 78 4 £ 2 6 from
T he cl au se u n d e r w h i c h
the e state of Dr A pp le ton fo r the sam e p u rp o s e
I gi ve to the P re si de n t an d F e ll o w s o f
t h is w as t ak en w as as foll o ws :
Harvar d Co ll e ge the i n te rest th e reo f to b e b y th e m gi v e n to so m e p o o r
b u t well d e ser vi n g sc h ol ar agr ee ab l e to m y d i recti o n s wi th re sp e ct t o a
”
fo r m e r d on ati o n to sai d corp orati o n
M ARY LI NDAL L L E G A C Y M ary Li nd all by wi ll p roved Jun e 1 7
1 7 7 6 lef t the C o ll e ge £ 1 0 0
the i n t e re st t o b e b y th e m appl i e d an d
ann u ally exh i b i te d t o su c h sch o l ar o r sch o l ars at sai d C o ll e ge o f go o d
char ac ter w h ose ci rcu mstan ce s c all for su ch ch ari tabl e assi stan c e an d t h at
t he pre fe r e n ce b e alw ay s t o su c h w ho sh all b e r e l at e d t o m e b y b l o o d an d
”
i n w an t of su ch to so m e sch ol ar o r sch o l ars o f the t o wn o f S ale m
Thi s
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A L F O RD S C HOLAR S HI P
Joann a Al fo rd i n 1 78 5 b equ eath ed £ 1 0 0
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w o u l d be i nt e r es tin g t o p u r su e the s tu dy of th ese exh i b i ti on s
t o a l a t e r dat e ; b u t the begi n n i n g o f a n e w ce n tu r y nea rl y co i n ci
de n t w i th a ch a n ge i n the fo r m o f go ve rn m ent o f the c o u n t ry fur
n i s h es a s u i tab l e s to pp i n g pl ace
Wh en the C oll ege w as fo u n ded
and fo r n e arly a ce n tu ry an d a h al f th e r eaft e r the acc o u n t s we r e
ke p t i n si n gl e e n try D u ri n g thi s p e r i o d an nu al ass ign m e n t s w e r e
m ade o f t he s p ec i fic i n c o m e o f the seve r al sc h o l ar s hi p s an d the
l i ves o f th ese sc h ol ar shi p s can be t r aced throu gh the r ec o r ds Wh en
the s y s te m o f d o u b l e e n t ry b oo k -kee pi n g was ad o p t ed the ex i s ti n g
ex h i bi ti o n s of w h i c h t he Tr ea su r e r h ad an y k n o w l ed ge w e r e b u n ch ed
”
i n a s i n gl e acc o u n t t e r m ed the
E x hi bi ti o n A cc o u n t ; an d th e r e
aft e r th e i r hi sto ry was c o n s i gned t o the o b l i v i o n o f t h at acc o u n t
S o m e o f t h e m h ave s i nce been r escu ed and re -i ns t a t ed u p o n se p a r at e
o r i ty s u r v i ve o n l y i n the
b ases Th e m a&
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I t i s a s ati sfac ti o n t o b e ab l e t o s t at e t h at I h ave been ab l e t o
t r ace i n t o the ex h i b i ti o n acc o u n t a ll the gi ft s o r l e gac i e s m en ti o ned
i n t he fo r e go i n g l i s t w h i c h can pr o p e rl y be defi n ed as exh i b i ti o n s
an d p ay m e n t o f w h i c h t o the C o ll e e can c l e arl y be s h o w n
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exce p ti o n of the L ady Mo w l so n S c hol ar s h i p an d the R i c h ar d R u sse ll
B e qu e st T I n the case o f t he fo r m e r the fac t t h at t he C o ll e ge
t r e asu r e r w as n o t m ade the c u s t o d i an o f the fu n d u n ti l s eve n ty y ea r s
WE S T B O S T ON B RI D G E A RO P R I ATI ON Wh en the We t B o ton B ri dg w as estab
l i h e d t he Le gi sl at re p ov i d e d th at t h a
of
i ty gra t e d t h C ol l ge for t h e re voc ti o
i t v e t d ri ght i th e C h arl to w f rry sho ld b e appropri at d t w ard s
d fr y i ng th e
t i ti on o f i di g t schol ars o for the re d ci g the xpe s of t i ti to al l t he oth er
sch o l ar
T h te rm s f th i s e ct m e t w e re al t e re d a f w y ar th e r afte r
1: I o ght p rh ap s to d d t h at I h av e m ad e n o e ff rt to fo ll ow the M ary Li nd all l egacy
as I t w as no t p ai d t i ll 1 8 1 2
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afte r the fo u n dati o n o f the sc h ol ar s hi p fu rn i s h es an expl anati on for
the ev i de n t i gn o r an ce o f the C o ll e ge o ffice r s of t he C on d i ti o n s at
*
I n t he l at t e r case i t m ay be i n fe rr ed fr o m the
t ache d t o the gi ft
abse n ce o f an y all u si o n i n the r ec o r ds t o the i n t en t i o n of R u sse ll t o
fo u n d an exh i b i ti o n t h at the C o ll ege t r e as u r e r w as i gn o r ant of the
t e r m s o f the w i ll
T he p ar ti al p ay men t o f w hi c h we h ave k no w l e dge
If i t li e
w as app a r e n tl y the o n l y p ay m e n t m ade t o the C o ll e ge
u n fo r tu n at e t h at the t i tl es o f an y o f t h es e fo u n d at i o ns s h o u l d be l o st
fr o m s i gh t sti ll i t m u s t be a s o u r ce o f c o n gr at u l ati o n t h at the fu nds
h ave s u r v i ved the extr a o r di nary flu ctu ati on s to w h i c h i n ves tm en t s o f
t h at p e r i o d we r e ex p o se d
E li o t i n a m e mo r and u m fo ll o w i n g
hi s en t ry o f Th o m as B r at tl e s be qu es t r e fe rr i n g t o hi s at te m p t at ex
pr e ss i n g t he v al u e o f the gi fts i n s t e rl in g an d i n c u rr ency say s :
A t t h i s p e r i o d be gan t he de pr e ci ati o n o f the c u rr e n c y o f t he
P r o v i n ce i n c o n se q ue n ce o f t he i ss u e o f b i ll s o f c r ed i t by the
o ve r n m en t
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be r an d di m i n i sh ed i n v al u e ti ll aft e r 1 7 5 0 w h en a l arge su m i n
s i l v er w as r e ce i ved fr o m E n gl an d to r e i m b u r se the exp e n ses o f the
co l o n y i n t he F r e n c h War an d fo r m ed a s u ffi ci e n t bas i s o f c i r c u l a
Th e r at e o f de pr eci ati o n i s ad o pt ed gene r
ti o n ti ll t he R ev o l u t i o n
a ll y o u the a u th o ri ty o f Mr F e l t ; th o u gh m e m o r an da i n t he C o l
l ege r ec o r d s an d s o m e pr i v at e s o u r ces o f i n fo r m at i o n h ave been co n
and o ccas i on ally fo ll o wed P r o b ab ly pr i ces i n the m o n e y
su l te d
m a r ke t we r e n o t so defin i t e as t h e y w o u l d h ave bee n i n a l ar ge r and
mo r e we al thy c o mm u n i ty ; an d the r at e s h e re gi ve n m u s t be co n
”
s i d e r e d as gene r a lly ra t h e r th a n u n i ve r s all y c o rr ec t
T h i s c ri s i s w as b y n o m ean s t he m o s t p e ri l ou s o f t he h az ar ds
A ft e r h av i n g
w hi c h c u rr e n t i nves tm e n t s o f t h at d ay h ad t o m ee t
p assed thr o u gh t he ti m e w h en th ey we r e t es te d as t o val u e b y
A n e xam i at i on o f t h e p ap er on t h e L ad y M w l so n S ch ol ar h i p p ri t e d i
th e P ro
cee d i gs of t h
A m eri ca A ti q ari a S ocie ty to w h i ch refer c ha b en m ad e w i ll
show th at th e C oll ge f
d am o ti g to £ 162 1 6 4 i t he h a d f t h e T r a er o f the
Prov i ce w as i the l atter p art of t h e se v t th a d t he b gi i g of t h e ighte e nt h
ce nt ry i n vari ably po ken o f as co i ti g of gi fts to the C oll g e I t i s e v i de t th at t he
Over e s d i d o t th en h ve k o w l e dge of the exi t e ce o f th e d m t f om w h i ch
th t th Magi trate of the
q ot at i o h as b ee m ad e i t he t e x t n or w e r th ey co ci o
C ol o y had i 1 65 5 d i ssente d fro m the co cl i on f t he D e p ti e to pay the am ov r to
t h e C ll ge o
th
xpre gro n d th t th e L ad Mo w l o gift w a for t he e tab l i h m e t
of scho l arsh i p
B oth thes p oi ts w i l l pp e r f o m a xami ati on o f t he re co d of a
Ov er e ers m ee ti g he l d at C am bri dge J ly 25 1 7 1 2 tak n fr m the L v re tt B o ok i n
w h i ch r cor d t h f
d i sp ok e of a a do ti o a d i n w h i ch i t i s state d th at t wo
m em ri al s re fe rri g p r b ab l y to re ce t p e ti ti o
h ad b ee p re f rre d to t h e G e e ral C o urt
T h f l l o w i g i L e v ere tt acco
t of t h e m ti g i q sti n
T h Pr
d t r p re e t d t the ) e ee t hat th r w a the m of £ 1 6 2 1 6 4 d u e
b ei g t h do ati of t he Lady M l on & c to t he C o ll ege d e from th C t e v ; th at
t ey h ad o b l i g d th e m l ve to pay t h e C o ll e ge £ 1 5 P a
m i C o t v pay for
th e C
t f t h d s m f £ 1 6 2 1 6 4 s l o g a i t re m i d i t he P bl i ck T r a ry
ye I t
th at y e m o f £15 h d b e so pai d to the y ear 16 8 5 T h at th Pri i pal d I t est
to th i d y d th at thO th e T re rer f the C ll ege
h ad b i d tai e d fro m t he C ol l ge
by t h ord r o f th e Corp or ti on h ad tw i ce p e f d a m m orial i b h al f o f the C ol l g to
t he G
e r l C o rt o f t h e P ro v i ce a d m ov e d th at th
Over er wi l b p l d to t ake
th e m tte r i to th i r co i d e rat i o a d ad v i e w h at i s to b d o
i t h e pre m i
T h Ov er eer w re pl se d to i e w t he C o l l ge re cord
b y w h i ch i t ee m d to b e e i d t
th at ch a m w as d a d th y w ere f op i i o th t th e C t ey w d b ob l ig d i n
J st ice to p o d c a d i sch arge fo th ai d s m or to pay t h e p i nci p al ] w i th t h I ter t i n
arr
r B t th S ret ry w as d sire d t s arch t he C o t y record th at w h at l ight th ey”
afford m i gh t b e p rod u ce d if f rth er sh d b e d e m an d e d w ch he w as pl e ase d to u n d ertak e
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13
exam i n i ng w h e th e r th ey w e r e p ay ab l e i n b i ll s o f old or n e w t en o r
i n l aw fu l m o n e y o r i n s t e rl i n g t h ey we r e exp o sed t o the c on di ti on s
o f a c u rr e n c y w h i c h m ay be m eas u r ed b y the t i tl es o f t he fo ll o w i n g
acc o u n t s c o exi s t en t o n the b o o ks o f the H ar va r d C o ll e ge Tr e as u r e r :
P ap e r C u rr e n cy C on ti n e n t al L o an C e r ti ficat es B ill s on F r ance ,
D i ffe r e n ce o f E xc h an ge D e pr ec i ati on N o t es B i ll s o f N e w E m i ss i o n
and B ill s o f O ld E m i ss i on
A s i f to add t o the c o n fu s i on o f affai r s
i t i s d i ffic u l t t o say w h at was t he r ea l c u rr ency u n i t i n u se i n the
c ou n t ry C on tri b u ti ons to a su bsc ri p ti o n ci r cu l at ed i n 1 7 6 6 w e r e
m ade p ay ab l e i n G u i n eas D o ll a r s &C annes Sp an ne r s P ou nds and
Shi lli ngs
Th e Exhi b i ti on A cc ou n t s ti ll fi gu r es i n the Tr eas u r e r s r ep ort
T h e am o u n t t o the c r edi t o f the A cc o u n t i n r ecen t r ep o r ts i s bet ween
n i ne an d te n th ou san d d oll ar s I t i s an Op en qu es ti o n w h eth e r i t
w ou l d n o t be m o r e i n acc o r dance w i th the ge n e r al p o l i cy of the C ol
l ege w i th r e fe r en ce t o gi fts i f i t s h o u l d d i s t ri b u t e thi s fu nd or the
a
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h ave l o s t t h e i r i den ti ty thr ou gh i ts es tab l i s hm e n t w i th pr o p o rti onat e
am o u n ts an d l eav i n g th e m t o accu m u l at e u n ti l th e y can be u sed for
ben efic i ar y p u rp o ses I t w ou l d seem as if s om e of t h es e acc ou nt s
h ave a ri gh t t o sep ar at e exi s t ence o n the b ooks o f the C o ll ege I f
fo r i ns t an ce i t s h ou l d b e c o n c lu ded th at the L ad y Mo w l son S c h o l a r
s hi p i s to be fou nd i n the E xhi bi ti o n A cc ou nt i t w ou l d be an eas y
I f h o weve r i t s h o u l d be de t e r m i ned
m att e r t o r ev i ve i t b y n am e
th at thi s S c h o l ar s h i p w as nev e r c o v e r ed i n t o th a t A cc ou n t t h en an
app eal m i ght be m ade t o s o m e o f the weal thy al u m ni t o fu rni s h the
fu nds for t he es t ab l i sh m en t of a sc h ol a r s h i p of th at nam e
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