Monday, Jun. 28, 1926

Rhodes Riches

Rhodes Riches

Since their foundation 23 years ago, the Rhodes scholarships at Oxford for U. S. students have increased--due to wise investment--from -L-300 to -L-350 and finally to -L-400 (12,000) (TIME, Oct. 5). The Rhodes trustees have also, lately, been in a position to undertake the erection of a Rhodes House at Oxford, to form an annex to the Bodleian Library and a centre for students of politics in the English-speaking world and for African students. Last week at the annual Rhodes dinner Trustee Sir Otto Beit announced still another Rhodes innovation--a memorial lectureship of -L-500 per annum to bring to Oxford for a term each year and for not less than two lectures a foreign man or woman "of pre-eminent distinction" in public life or business, in science, scholarship or letters--preferably from the New World. Trustee Sir Otto announced the resignation of Trustee Rudyard Kipling, the appointment of Trustee Stanley Baldwin.