Fund Council Calls on Class Of '49 for Anniversary Gift

The Class of 1949 unofficially enters the ranks of the alumni next week when it receives its first appeal from the Harvard Fund Council to contribute toward its twenty-fifth anniversary gift to the College.

The three class agents, Thomas J. Hyde '49, William Gold '49, and Hans H. Estin '49, began signing appeals yesterday at the Wadsworth House head-quarters of the 23-year-old Council.

Interest Is Expendable

This year's seniors will be the first ever to permit the College to spend the interest which the gift will earn from year to year, David T. W. McCord '21, chairman of the Fund Council, said yesterday. Interest on the traditional $100,000 gift usually amounts to $25,000 over the 25-year period.

Members of the class attending graduate schools or getting a start in business will be asked only to give "token" amounts.

Main idea of the Fund Council is to enroll immediately a big proportion of the class. Last year the Class of 1948 led the field of 76 living College classed with a Fund enrollment of 422. The minimum goal of the present Seniors Class is 500 contributors.

The Harvard Fund is an alumni organization created in 1925 to raise unrestricted money each year for the University. Grad school alumni will begin this year to conduct their own drives in association with the Fund.

In 1948, 15,349 alumni raised a total of $544,156, McCord disclosed. Over the last two years a special campaign raised $1,500,000 to endow Lamont Library.