Sheldon Jackson Correspondence 1895-1951/Box 1/Fd. 5

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-2- <br> I send you copy of a letter of an architect in Seattle whose suggestions seem so sensible that they carry weight to my mind; at the same time it seems as though we might get better results if we throw it open to the world---again the question comes in for money for premiums. A point that I have already written to Mr. McClain as secretary of the Bpard, is, that it is the part of wisdom to accept the transfer even if we could see no plans by which the $4,000 should be raised hereafter. You will remember that when the matter was first proposed to act* the personnel of the Board had somewhat changed and it was not so ready to turn over the property. As you remember, last spring the transfer* it** was turned down. The Board have now been brought to a point where they are ready to turn it over. If we wait three years or five years there may be new secretaries at the head of the Board who will refuse to turn the property over unless the College pays $25,000 to $40,000 to reimburse the Board for its expenditures. It is not customary for Boards or parties to turn property over in that way without being reimbursed for expenses. During the recent negotiations I had a feeling that the Board would insist on a certain amount being paid into their treasury in return for the building and lands, and it is a part of wisdom for the Trustees to accept, what is offered, promptly. <br> 2. We have already lost $5,000 because the Institute was not transferred to the College two years ago in the gifts of Mrs. <br><br><br> * handwritten inserts in original typewritten document. <br> ** words crossed out <br><br>