Two million acres of land may or may not be a gift of immense value to an educational endowment fund. A few years ago officials of the University of Texas thought that it was not worth so overwhelmingly much. The land, mostly in western Texas, was about to be sold for a song—almost any song. Then suddenly an enterprising alumnus suggested that the property might contain oil; events have proved that it does. Texan newspapers are already headlining UNIVERSITY OF TEXAS RICHEST IN WORLD!
Last week a few cold figures came to light....
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