Show MRS RUSSELL SAGE GIVES YALE New Haven Conn Dec was tonIght of an offer b by Mrs Irs Russell Sage too Yale Yalo unIversity of a gift of oC to meet the cost of securing the park at the head of Hm Hill house Houle avenue known as the tho Sachem Wood estate or Hill House Tho offer will bo accepted Mrs Sa Sages es letter or of gift under date dato of Dec 28 1901 1000 says As a descendant ot of Abraham Pier Pierson Pierson son the first president of Yale I hao hae an ancestral Interest In that uni university I have known for soine sonic time ot of the effort to obtain for tor Yale Yalo the Sachem Wood rood or Hm Hill House estate ns as asa n a new campus and I know lenow how Im Important Important It seems to many members of the corporation and to do so at this particular time for Cor needed do de on broad university lines I understand that thIs property was bought about tour four years ago subject to large mortgage b by a group of public spIrited graduates who undertook to carry lury It until a donor could bo be found who would transfer It without debt to the university I will bo be pleased lC if agreeable to lie tho corporation to pay Its cost which I understand to timeout with Interest and ear carrying charges to and to present It to the university as a gift from me without condition or restrIction tion payment to bo be made on or before Fob Feb 1 next The 1 property was purchased In 1905 by JY three Yale graduates who undertook to hold It until a donor could be found or until the unIversity funds should ho he to meet th cot coat Three New York graduates Otto 2 1 Bannard William M 11 Barnum and Clarence H Kelso Keisey are aro temporary trustees GIf Ott GIfford ford Pinchot and his associates nd ad advanced the tho necessary mone money |