B/W sepia 3.5" x 5" photograph- frayed edges, cracks. Exterior. President Frank Reade and another man in a suit hand an envelope to a female student in her graduation gown. Back has paper clipping glued to it that reads "Woman--Does your husband worry much about the bills? Friend--No, he's letting the merchants do the worrying." No names. No date. [Digitized 2013-04-30]