The Inauguration of Thomas H. Kean As Tenth President
THE INAUGURATION OF THOMAS H. KEAN AS TENTH PRESIDENT OF DREW UNIVERSITY FRIDAY, THE TWENTIETH OF APRIL NINETEEN HUNDRED AND NINETY TWO O'CLOCK IN THE AFTERNOON ON THE CAMPUS MADISON, NEW JERSEY D R E W UNIVERSITY: A P E R S P E C T I V E Built by renowned scholars, supported by people of vision, nurtured by dedicated leaders, and located on a beautiful tract of land long known as The Forest, Drew University is uniquely poised in its history become a national leader in higher education, for in recent decades Drew has made innovation and distinction the watch- words of its identity. Drew's innovative streak may stem from its birthright. Founded in 1866 as a seminary for the Methodist Epis- copal Church in America, the school was endowed by Daniel Drew with what was at the time the largest gift to American higher education. The financier, whose early cattle dealings gave birth to the original meaning of " watered stock," managed the school's endowment through stock manipulations and speculation until in 1875 his practices nearly bankrupted the young seminary. That crisis necessitated administrative resourcefulness and faculty sacrifice to keep the school open. However uncertain its beginnings, Drew has since grown into a university whose programs--from the Bachelor of Arts to the Master of Divinity to the Doctor of Philosophy--are distinguished by an emphasis on intimate learning and teaching. Drew's three schools--the College of Liberal Arts (1,500 students), the Graduate School ( 350), and the Theological School (350)--share an insistence on academic rigor and a student-centered philosophy that has educated nearly 14,000 living alumni and alumnae.
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