Daily American organ. [volume] (Washington, D.C.) 1854-1856, 1855-02-20

Columbian College,
WASHINGTON, d. O., Feb. 49, 1855.
The Trustees Of tho Columbian College arc nlatu-
ring arrangements 10 increase the number Of the Fac
ultyl and 70 render the Institution worthy the
condolences and patronage Of the public IL sustained
by its friends, they win DO able at the opening OF
the next session, 26th Of September 10 secure and
support the following Faculty, viz;
Georgia.
Professor OF Astronomy and Mathematics, William
Ruggles LII. d., now at the College.
Professor OF Rhetoric and Bellies Letters, mot yet
Professor of the Latin and Greek Languages, Rev
A. J. Huntington, A. NJ, now at the College.
Professor OF Chemistry and Natural History, Lew
10 II. Steiner, NJ d., of Maryland.
Professor Of Mathematics and Natural Philosophy,
Z. II. Fristoe, A. NJ, of Virginia
Tutor in the Latin and Greek Languages, L. r.
Gwaltney, now at the College.
The annual expense OF conducting the College
with the Faculty above named making reasonable
lars.
The endowment fund amounts to $sa5le. OF this,
$40 900 now produce an income of six per cent, or
$1,000. The balance is in city lots given to the Col
lege by Congress, and other means Welding no pre-
sent revenue. but capable Of being converted into
stocks bearing interest The income from each stu
dent (omitting, board fuel &c. which are no profit
TO the College) is seventy dollars.
The annual expense being 10000
ana the income from endowment 2,700
Leaves TO be provided $500
The income from ninety students would be $500
What the College needs then is ninety full paving
students. Can they be obtained Or il not can the
deficiency which would remain from any number Of
students less than ninety, be made up from other
sourcesp The Trustees, considering the strength
which the College would gain by the proposed addi
would be secured IN different States believe it would
be reasonable to expect ninety students But as the
increased advantages of the College under the new
| arrangement must be made known to the public by
ry number may not be Immediately obtained and
the Trustees not willing to incur the risk of
debt plan has been deviS,d for meeting any tenn
porary dsfciency1 for the definite period Of three
years During these three years all the present re-
sources can be made available and it il believed that
large additions can be made to the endowment fund
and means be provided for the erection Of additional
buildings.
To provide certain support for the time named, it
proposed that eighty persons pledge themselves to
send each one student to the College for three years.
from the beginning Of the next session, the last We'd
nesday in September, or contribute the amount which
the College would receive from a student, namely,
seventy dollars, or such proportion Of it as may De
necessary to meet any deficiency during the three
years-no pledge to be binding till eighty are obtain
ed. If there be ninety Students there win be no do
ciency; and with less than ninety Students the do
iciency will diminish additional means arise from
investments and from students not sent under the
pledges. ANY moneys paid under these pledges by
persons not sending students may be available to-
wards the support Of . student at any time within
three years after the expiration of the pledge.
As an evidence of their confidence of succsss, q
number Of these pledges have been given by men,
bers Of the Faculty and Of the Board Of Trustees
During the last three years forty thousand dollars
have been added to the endowment fund by subscrip
tons in Maryland and Virginia. The people Of WASH
ngton were not solicited to aid in that effort The
Trustees now present to their feowcitizens rising
institution, free from former embarrassments, with
full and strong Faculty, and ask for pledges for
eighty students They ask no money they simply
request that the young men of city, instead Of
being sent abroad, may be educated at home, spend
ing their money in midst and adding to the edu
cational character of city The Trustees have no
pecunary interest in the College. They receive moth
ing for the time and attention they give TO its man
agement and besides have contributed freely Of their
own means to bring it to its present improved condi
tion and they appeal with confidence to the gen.
erous cooperation Of their fellow-ctzens II would
crafty the pride they feel in the city, as we'll as
strengthen their interest in the College, to obtain
these eighty pledges among their own townsmen.
Persons willing to aid in this object may do SO
through any Of the Trustees residing In Washington
viz: Col. James L. Edwards, President; Dr. s. c.
Smoot, Secretary; DR.. VIM. Gunton, Dr. L. d. Gale
Andrew Rotbwell, Rev. s. p. HILL Robert Farnham,
Prof O. 0. Jewett, Rev. CIV. Samson, Isaac Clarke
DR.. Wm.V. II. Brown, Chauncey Bestor, and George
G.. Abbott
Blank forms, and further information, will also be
furnished TO persons willing TO subscribe or TO aid
in obtaining subscribers to the pledges, by
WILLIAM @. FORCE,
Treasurer Columbian College
We have read the above circular with pleasure,
and cordially commend the plan it proposes to the
confidence and patronage of the community.
JOHN Q. Smith, Pastor of the 4th Presbyterian
Church.