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Caption: Board of Trustees Minutes - 1920
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236 BOARD OF TRUSTEES [March 11, by the Teachers Insurance and Annuity Association of America. This committee in its report presented simply the advantages and disadvantages of the scheme, but upon polling each member of the committee, it appeared that the committee was unanimous in its opinion that the Trustees should not at present accept the offer made by the trustees of the Carnegie Foundation at their annual meeting held on November 20, 1918, and printed above. I then informed the faculty that unless they took some action I should report to the Board of Trustees that the faculty of the University of Illinois was opposed to their accepting the proposition of the Carnegie Foundation. At a meeting of the Senate held on February 10,1919, in which this same subject was discussed, there appeared to be an equally unanimous opinion against the desirability of the trustees adopting this plan as will appear from the following memorandum from the clerk of the Senate. February 20, 1919 Dr. Edmund J, James, President DEAR M R . PRESIDENT: This is a memorandum of the action taken by the University Senate at its meeting of February 10, 1919, on the subject of the Teachers Insurance and Annuity Association of America. You read to the Senate the letter from President Pritchett which I return herewith, and presented also the minutes of the meeting of the General Faculty which was held on Saturday evening, February 8, 1919. Having reported these facts, the minutes of the Senate meeting proceed as follows: The President asked whether the Senate desired to take any action on this matter, and in the absence of any motion stated that if no action were taken he would report to the Board of Trustees that the University Senate concurred with the General Faculty in being opposed to the University's seeking admission to the Teachers Insurance and Annuity Association. No action was taken. It was voted that the report presented by Professor Robinson at the meeting of the General Faculty on February 8, be published either in some suitable magazine or by the University. Sincerely yours, C. M. M C C O N N , Clerk of the Senate I think, therefore, it is safe to assume that at present the members of the scientific and instructional staff of the University of Illinois are not in favor of the adoption of the plan proposed by the Carnegie Foundation. I wish to say again, however, and emphasize very strongly, that in my opinion the Board of Trustees should at an early date adopt some general scheme of retiring allowances. No action was taken upon this matter.
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