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Selection of Harvard men, to be nominated for the recently announced 1920 Foreign Service Scholarships of the National City Bank of New York, is now being made by Faculty members.
The CRIMSON has been in communication with the bank about the details for co-operating in the plan which fits men for international banking.
Only men nominated by the institution will be considered for the scholarships, according to a statement of the plan issued by the bank. These nominations will be made not later than March 15.
From these nominees from scores of American colleges the bank will select its class. Arrangements will be made for interviewing each nominee at some point convenient to his college.
An increase in the salaries to be paid the college men while in training has just been announced by the bank. Sophomores under the new scale will be paid $90 per month during their summer training. Juniors $95, and Seniors $100, until assigned to foreign posts, when salaries consistent with the assignment will be paid.
A number of Harvard men are already in the foreign service of the bank.
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