Carlyle and the Endowment Campaign of 1907 67
pledges but only until December 31, 1910. Collections were put in
charge of Professor Carlyle and the Bursar, Mr. E. B. Earnshaw. For
the first two years, due largely to the effects of the 1907 depression
which still prevailed, collections were small, the total of the amounts
collected by the College and contributed by the General Education
Board being $29,211.19 on December 1, 1908; $40,142.91 on March
20, 1909; $59,952.78 on March 31, 1910. The small collections were
explained in part by the fact that after the coming of the panic in
October, 1907, it had been practically impossible to get endowment
subscriptions to mature earlier than the autumn of 1910. At the
commencement of that year $67,535.42 remained to be collected .7
Knowing that it would require the most strenuous efforts to collect
this great amount in so short a time, the Trustees again turned to
Professor Carlyle with the request that he devote his vacation and his
time until the close of the year to the work, expressing their apprecia-
tion of his success in securing the notes and declaring also that no one
else in their knowledge was so fit to finish the great work which he so
Accepting this assignment he set about the work with
even more than his ordinary industry and zeal. He declared that if
prosperity continued through the autumn months, he believed the
entire amount would be raised. It was perhaps the most strenuous
period in his life. He worked night and day, losing much sleep and
wasting his strength, never sparing himself in an effort to see and
collect from those who had made subscriptions to the endowment
before the end of the year, the time limit set by the General Board.
Possibly with his tireless energy and resourcefulness he would have
collected the entire amount by the time due, but his unceasing labors
used up all his reserve force, with which he had up to this time been
able to resist the attack of a fell disease of which he had had the
symptoms, a hacking cough, for a year or more. Early in October his
trusted physician, Dr. Highsmith of Fayetteville, finding his condition
alarming ordered him home; thus he was kept from his work at the
7 Report of President Poteat to the Board of Trustees, May, 1910.
Records of the Board of Trustees for May, 1910.
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