Ritz Tower No Golden Egg, Treasurer Claflin Admits

Harvard doesn't invest in football players, but there are still some University holdings which Treasurer William H. Claflin '00 doesn't like to be reminded of too often, and the Ritz Tower in New York is going to be one of them. The betting around Milk Street is that the sky-scraping Park Avenue hostelry will be dropped into the pot of so-called "special investments," which don't deserve to get into the big pool of Harvard property because of their "not quite respectable" character.

"You can bet your bottom dollar on it," promised an official in the know.