The picture at right was published in The Washington Post on Jan. 18, 1934, with a report that its subject, Elmer Louis Kayser of the George Washington University history faculty, was the speaker at a local meeting of the American Institute of Banking. At that time, Kayser already had a 21-year relationship with GWU as an undergraduate and professor.

After 70 years, youth and man, Prof. Kayser is still going strong as professor emeritus and the active university historian. And today he will receive what many regard as the ultimate honor for his profession: a chair endowed (with $500,000) in his honor at the university. The official announcement will be made at a luncheon at the GW University Club.

Kayser, 87, didn't have to travel far for a place to undertake or live his life's work. He was born in Georgetown and attended Western High School (now Ellington High School of the Arts). His only significant time away from the old neighborhoods was while he was attaining his doctorate at Columbia University in 1932.

"Dr. Kayser . . . has really come to be a sort of Mr. GW, our 'Mr. Chips,' " said GWU spokeswoman Jane Lingo.

Chairman of the Kayser endowment proposal was Sergius (Serge) Gambal, class of '52, secretary-treasurer of Colonial Parking, Inc.