Education: Yale's Cobb

Mr. George Parmly Day, the treasurer of Yale, expects to pay part of the university's expenses from unexpected legacies. He was therefore both surprised and not surprised when he picked up his paper one morning last week and learned that a rich old gentleman who had never shown any interest in the university's management and who had not been in New Haven in six years had left Yale some $1,800,000.

Donor of Yale's windfall was Edward Benedict Cobb, a typical, obscure, sentimental old grad. Inheriting nearly $3,000,000 from his family (who had...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!