News: No Sale for Trustees
February 2008
“Men of the Docks” was touted by Christie’s as a likely record breaker in the American paintings category and was described in the auction catalogue as “the most penetrating examination of the human condition” that Bellows had ever done. Representatives of Christie’s refused to comment on the withdrawal of the works.
Randolph, a struggling 116-year-old all-women’s college, had been dipping heavily into its $153 million endowment to balance the books and had been threatened with having its accreditation pulled. The planned sale of art was one of a number of strategies adopted to deal with the crisis; another was a decision by the trustees to make the school co-educational by 2011.
Outraged alumnae formed a group that raised money to bring a series of lawsuits to stop both the co-ed plan and the sale of the art. They allege that the works were donated—some as early as 1920—for the sole purpose of benefiting the education of women. “The art wouldn’t be sold if the school wasn’t going co-ed,” says Anne Yastremski, a 2005 alumna who is heading the group. She notes that the money is intended to hire athletic coaches for incoming male students and to make up for real and expected loss of alumnae support.


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