[April]
1940

Board Chairman Captain James A. Baker worries about the Institute's financial position and fears Rice will not attain the world-class aspirations of its trustees. In April he recommends the trustees consider amending the charter to allow Rice to charge tuition. Although the board agrees, several events, including the discovery of oil on the Louisiana timber lands, cause the tuition question to be tabled for nearly 3 decades.

 

Captain James A. Baker, ca. 1939
Courtesy Baker family collections
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