STATE COLLEGE STUDIO W. W. SMITH, ARTIS'!' The Carnegie Gift. Perhaps the most gratifying news for the College world last week was the donation by Mr. Andrew Car negie of $10,000,000 in U. S. Steel Bonds for the purpose of providing annuities for aged college profes sors. The bonds, which will pro duce a revenue of $500,000 yearly, will be transferred to a board of di rectors, composed chiefly of college presidents, who shall have complete charge of the distribution of this money. This board shall be main tained by elections, all the colleges receiving the benefit of the gift being entitled to a vote at these elections. Only the strictest of sectarian schools and such State institution as wish to mantain their relations exclu sively with the state government, shall be excluded by the conditions of the donation. This is one of the worthiest gifts of that great Penn sylvania philanthropist and it has received a flood of favorable com ments among education. At the University of Nebraska a squad of fifteen is kept in mental and physical training for two months, preliminary to selecting two teams of three each for inter-collegiate de- THE STATE COLLELrIAN Stands as a synonym for all that is new, artistic and up-to date in Photography. If you watch this space during this college year we will try and demonstrate this fact to your satisfaction. Please call and examine our work. Flash Lights ! Who takes them ? «J. d. MORGAN, ROOM 564, MAIN BLD’G. OUR NEW SPRING MONTGOMERY & CO. First National Bank Men’s Furnishing Goods and Hats are Now Open for Inspection and Sale We never have gone into these articles so ex tensively and so carefully. Be assured of our earnest efforts to please all of our friends and customers in quality, style, fit and price We Have Larger Lines of Sporting Goods than any Former eason MERCHANT TAILORING In all its Branches. Fully Equipped, Mahattan Shirts and Guyer Hats BELLEFONTE, PA, CLOTHING