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Ancient though it is. Exeter is changing today more rapidly than any other prep school. For last November Philanthropist Edward Stephen Harkness, no Exeter man, gave $7,000,000 for a House plan, salary increases, and new dormitories (TIME, Dec. 1). Also active was the late Col. William Boyce Thompson, who spent much of his great mining wealth in giving Exeter a big modern gymnasium, athletic, science and administration buildings and, last year, $1,000,000 more (TIME, April 14, 1930). At present the school has, in addition to these, some 650 students from far & wide, 65 teachers, many handsome Georgian buildings, a Gothic church designed by Ralph Adams Cram, one of the outstanding prep school libraries, and an endowment of over $6,000,000. Many of the blessings enumerated above, those coming from Mr. Harkness in particular, must be credited to Exeter's headmaster: Lewis Perry, brother of Bliss Perry, famed former Harvard English professor and onetime Editor of the Atlantic Monthly. After teaching at Lawrenceville School and at Williams, his alma mater (class of 1898), he came to Exeter in 1914. No scholar, he does not teach at Exeter, spends much time away from school spreading Exter's fame and obtaining endowments.
*Andover, too, has its Morgan partner: Thomas Cochran, class of 1890, whose many sifts, the latest being the school's new art gallery (TIME, May 25), have made him Andover's greatest benefactor. Of late years the school has become his all-absorbing interest.