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Education: Report Card
¶ Standard Oil Co. (N. J.) announced the setting up of the Esso Education Foundation to help the nation's private colleges and universities with an annual bonanza of unrestricted gifts. Amount pledged for 1955 alone: $1,500,000.
¶ Gift of the week: $2,500,000 from Financier John Hay Whitney, '26, to help Yale buy up the three nearby New Haven high schools, in place of which the university hopes one day to have buildings of its own. With $3,000,000 from Yale, New Haven plans to put up two new high schools in the city.
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