To give a sense of the real magnitudes involved below, here the following table that provides estimates of annual expenses exclusive of tuition for thirty-six weeks of a student residing with the quadrangles in 1919.
|
Lowest |
Average |
Liberal |
|
| Rent and care of room |
$60.00 |
$105.00 |
$225.00 |
| Board |
$162.00 |
$193.00 |
$240.00 |
| Laundry |
$18.00 |
$30.00 |
$45.00 |
| Textbooks and stationery |
$10.00 |
$20.00 |
$50.00 |
|
Total |
$250.00 |
$353.00 |
$560.00 |
Source: University of Chicago. The Colleges and Graduate Schools. Circular of Information Vol. XIX, No. 4 (April 1919), p. 9.
______________________
THE UNIVERSITY OF CHICAGO
STATEMENT OF THE
POLITICAL ECONOMY FELLOWSHIPS
In February, 1905, through the efforts of members of the Department of Political Economy, the sum of $1,000.00, in the form of ten gifts of $100.00 each from Chicago business men was received, to be used for Special Fellowships in the Department of Political Economy. This was the beginning of an interest which has continued year by year with gifts of varying amounts, and which gives promise at the present time of increasing, inasmuch as larger gifts from new sources have recently been received. As reported by the President to the Board of Trustees at the meeting held May 18, 1922, Marshall Field III, now of New York, proposes to give $1,000.00 annually until such time as he is able to provide the principal sum which will yield an annuity of that amount. His first payment of $1,000.00 was received on April 14, 1922.
Since 1905 to date, a total of $12,190.00 has been contributed by the following:
| Hart, Schaffner & Marx | $4,640. | A. C. Bartlett | $ 100. |
| Marshall Field I | 100. | Ira N. Morris | 100. |
| Marshall Field III | 1,000. | Victor Moravitz | 100. |
| George M. Reynolds | 300. | Stuyvesant Fish | 100. |
| C. R. Crane | 1,100. | Santa Fe Railway Co. | 100. |
| Frank O. Lowden | 850. | H. H. Swift | 2,000. |
| Samuel Insull | 800. | P. Wasburg | 100. |
| Byron L. Smith | 375. | From friends, through J. L. Laughlin | 425. |
During the period, a total of $9,668.94 has been used for fellowships, leaving a balance of $2,521.06 unused. Only three fellowships are being used at the present time, but plans are under way for extensive work under these fellowships for the year 1923-24.
The contributions and expense of the fellowships by years are as follows:
| Year | Gifts | Expended for Fellowships |
| 1904-05 | $1,000.00 | |
| 1905-06 | 600.00 | $1,600.00 |
| 1906-07 | 720.00 | 640.00 |
| 1907-08 | 670.00 | |
| 1908-09 | 325.00 | 650.00 |
| 1909-10 | 720.00 | 386.65 |
| 1910-11 | 820.00 | 347.21 |
| 1911-12 | 820.00 | 1,011.09 |
| 1912-13 | 645.00 | 1,136.53 |
| 1913-14 | 325.00 | 463.19 |
| 1914-15 | 645.00 | 249.97 |
| 1915-16 | 620.00 | 792.77 |
| 1916-17 | 172.22 | |
| 1917-18 | 320.00 | |
| 1918-19 | 11.11 | |
| 1919-20 | 320.00 | 88.88 |
| 1920-21 | 320.00 | 541.66 |
| 1921-22 | 2,320.00 | 300.00 |
| 1922-23 (part) | 1,000.00 | 1,277.66 |
| $12,190.00 | $9,668.94 | |
| Balance | 2,521.06 | |
| $12,190.00 | $12,190.00 |
Respectfully submitted,
[Signed]
N. C. Plimpton
March 31, 1923
Source: University of Chicago Archives. Office of the President. Harper, Judson and Burton Administrations. Records. Box 43. Folder “Fellowships, 1896-1924”.