Education: Midwest M. I. T.

Canny old Walter Dill Scott, having raised almost $40,000,000 in 19 years as Northwestern University's president, recently announced that he would go into well-earned retirement next June. Last week the final year of this phenomenal money-raiser was made memorable when, to his surprise, a man whom he scarcely knew dropped into the university's lap one of its biggest single gifts,* $6,735,000. The gift is to establish a Midwest institute of technology comparable to the East's M. I. T., the West's Caltech.

The self-effacing tycoon who sprang this surprise was Walter Patton Murphy, a...

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