, 1864-06-23

For department Of Instruction. ........... &,si.oo
E1ptnse account. ..---.- 504-b8
un,yeIs,tv building. di'.''..'.'. ~ ~ q q
Taxes In wisconsin. n...............- 49,. b5Q,9l
Additions to library. Observation-Disclosures. 7a40
Paid J. q. Hamilton, Treasurer. ......,,. 1i5.97
Oliver Massey, baftsnce Of aocount...... s1dN
Cash Oh hand. ACKNOWLEDGEMENT. 2,69a4l
The seeeate vaiae oi he property oi G;d. tSs Uni
yeFslty 1ttnains substantially represente1 to the
Boaru a1 tts last seSsiou- The report Of the com
mittee raised to estimate the available property Of
the Institution, incorporated IN tha records Of
ing. 1t may be added here, however, tha. the
sa1es Of lots In Evanston during the year amount
10 $lo.eo0, and tbs. Leases have been effected to
10 our productive capital. The remaining I'll IN
Chicago have been leased and improved by tbs
erection Of good, substantial tenernsatA thereon.
Quently somewhat augmented. aud 1t is hoped that
The revenue for the year 70 come wlt b. adequate
meet the e1penses on The basis ofthe past year.
income Tor the ensuing year.
Rents aecruing on leases SUPERINTENDENT $2848s0
Interest acruing on notes. s.....---.-..-.- 1,S5Ld9
interest," aeeainX On oontIaets.........-- l,Gs9.99
Tuition billt of ttudcnts. Tu1,Q9
IotAi INCOME. ..-........ .....-...... $6,3. .3A)
The az. xegAts expenses for the year now clostnr
amounted 10 SB,bth.sd, being IN excess oyer the
esnmsted increase Of the year to come OF $7z2 n,
There Is ta1r presumption that this deficiency
rent. which have been acc7usd but remain unpaid.
RefpecIf1Uy submitted, Il. 8. Norris,
Financial Agent.
rHEAsuntn's REroRr-
The report OF J. @ Hamilton, Treasurer OF the
Board, was read, and. upon the sta ement OF Mr.
Lsnt, OF the Auditing COMMITTEES that the &C
count WEE corr cct. 1t WAS accepted The Universi-
~ was stated to be Altogether ont OF debt THIS
nT13kF1 mo a frNAw
THE H1eonr or THr FACULTY.
The report Of the Faculty was then resd "a fol-
The Facn.ty are happy to be able to repor. al the
close o. smother college year, good degree Of in
The number Of Students in attendance in tho
College e!asses hss been 49, and In the Preparatory
per cent above the at1endsncs in nv nreTIoas ~
year IN the histories Of the institution.
The collections in Natural History sno Mineral
Four hundred specimens Of Rocks and Fossils Of
Illinois ftom the stAte Geological Survey, ali 1s-
hsl!ed apd mounted, hare been donated u the
tnsfrste very fully, the Geology OF the State, ana
make IT, our collections very 7sl1abie acces ,ion
OF Which i mar not bs aaiss for the Board o mtks
been further enriched By the addition OF over 40
specimens trcm other sources. chiefly through tho
Pe1eonal efforts q tie Professor in charge of tbs
uonnted for want Of room. -
We ma, say Of khe Preparatory school that It IL
stead!y ansIeaeinE n patronage, hut It's work Is
CONN. odation, and its best efficiency cannot be
hoped for until these are secured
The question Of board Tor students has caused
ue mucn petpfeHty, and We fear will greatly en-
barsats us the coming year. It has been dIEteuit
to dnd ccomnodAtlons lor all, while the rrlco Of
q oosrd @ ass gone beyond @ The means of the n.jorJ
BILE tn larger number Of cases, were there q sur.
ply Of rooms to Be rented for this purpose We
ss.,s sns bs a9p9E shss yea my b. abe
cred whether the want may not in pa1t be nrt in
the erection Of tenement Of the cost Of $3.50 to
g, 600, the toulos Of which might for tine be
teuted for the occupancy Of students; but the
wisdom OF such measure Is subject for tho de-
liberation and OCCASION of the Board.
nnasipg 1hs sst nys yeart ne tsen1ty hsve not
importance OF pfocoed,hgln IN the erection Of per
manent buildings. iou will allow M To renew
this recommended ton. The want Of the Uaiyerai-
y in this respect is so manifest and pressing that
TO afgament Il needed TO arouse any and every
one to the importance Of providing to meet il.
Institution to delay longer = vigorous forward
movement in this matter. At first the public
commented the prudent policy which de,ermlusd
ss eps eaa S;o1.sa ~. sas
he wisdom Of the course has neyef been question:
ID oy those most thoroughly convereant With tho
its purpose well but It has quite out1ived It's day,
and l, IL neither convenient nor respsc-
1ab5 nS. pols,s for r,a rs to dsyee il
lae been mansfeslly detrimental to our fair fame
bo1h at hume snd abroad. We hare disappointed
pnhlic expectations IN falling to fu11l tbs hopes
nothing can rley cit furtdF loss ot public CONT
denee IN our tnAuciat vitality, except termlns-
tton Of the reign OF dead letaarsf" and visnr-
lag tonetatng will be to the institution Of tncaI-
cnable vslue affecting ait tts Varied ntc1ests bnt
especially bearing upon it, relations to tne town
verify arc mainly here. Its uupsodnetiye proper
~ 1s Al here. The prospective rAlue Of this Is to
b. deleHnined &c manly hf the growth Q! the place
be ccntesed here. Every dollar which IL expended
In substantial build wilt add Two dollars TO the
ssne of ths landed 80 h.s - p1.e
tho1t-stshted to de1er 1t
Bat there are Other considerations in regard to
the town which bear with at least equnl weight
With thst just named. Those Who hs7a settled
here bsve been led to do 60, largely through the
Prop c.tse attractions Of the place. The unlvers-
the community has upon 1t for the fnlallment on
lispart !" the expectations to which it hss given
lis scarcely necessary to call the attention Of
the Board 10 the continued yacAncy In the Presl.
dcncy. This has already been subject Of repro
ssn.ation to ION. The p Fae4lty are deep slige to
slty in various regards from naytug this position
woHh,ly filled. They regret that The continued
inadequacy OF the irc0me OF this institute does
net enable them to oder lyon reeomm .ndAtion
On motion Of MI. Goodrich, 30 much Of the re-
port Of the faculty re!ntea to The electioa Pres
1dt ut of%he University wns referred to committee
Of three, appointed by the chair1nnn, as follows;
Nesst.. Goodrich, Lunt and uaynie.
Nj. Foster, fr4n the committee directed at the
last eet sitn Of the Board to to the protection
ot the shore Of the laEe reported that their eurts
to cause the improvement to be made had not bsen
attended with tueceeB. The same committee WAS
continued tot the eusning year.
The tubject OF providing boarding house for
the accommodation Of students wAa referred 10
ii,e. ca@,t,es g 1R1 Eth p9,el to To- AZ
take the matter Of permanent univetsity bn1dinss
into eons'dezasion. after which the Board adjoarn-
ed until hal. last two O'Clock.
AFTERNOON SESSION.
The Board convened 1t halt past two according
to adjournment.
The Committee on Permanent Bojtdinrs pre.
etruction Of new Building for the tniVe.si,q. i've S
They advised that Efforts be made to raise fnnia
log that purpose IN the following manne4:
arshlp notea be set apart for the building fund.
I'd. Tint 5000 tfom the sales drst made OF
real estate BE- set apart for th't purpose.
raised, payable when $s,ooo shall have been
Pledged.
poraTily laid upon the table.
The committee appointed at the Last yearly ses.
sion ot the board TO revise certain Of the bylsws.
reported at length. Their report Fas reseived
On motion. 1t was voted to 60 into an election
fur T1uetees In place Of Messfa. Evans, Botstord
and Reynolds, whose term expired with the pres
sn ssot snd E9s
ford and D, G. Hoa2 elected.
o171cERs.
Ths following officers Of the Board were then
Pyrstieat-Ds, John Eynns
P3oe- ATstdeNS-J. G. Hamilton.
Eecretas7 and f7naaeldt Ageaf-HenrY s.NoTrs.
zttar.,erJohn J: F.f~el. y r...
@. q. Cook. D. C. Hoae
On motion, 1t WIS ordered that the dezIee Of
Bachelor OF Ar1s be conferred upon Milton Cnsh-
deeree d Bachelor Of Phi!osopby upon Frederick
James Hutehlngs, and the degree OF Master Of
Ans mon james William Haney, and William
Pro esscr Noye.. on behalf Of the Faculty, read u
communication Recommending change II the
1e r. IL ;bs nd IL The
Spring. The Faculty TeFa instructed TO change
the times ot the vacation At 1hetr discretion, pro.
slded they do hot exceed fourteen weeks-
PRESIDENT OF TIE cErKRs1Tr.
The committee to whom was referred t,at part
OF the report OF the Faculty relating to the aP-
rofntment Of President, reported that In their
opinion It was unadsis.ble to make The apposnt-
Nj. 1iutd deprecated the adoption OF the report.
Ae thonsht II nnch IVES tho osclsIon Of the Board,
me rrospeEafy md usefalness Of the Institution
N. Fotter took similar view. ~..
~: Goodrich explained that the income Of the
institution was not large enough to suitably re-
conpenee President, and II was not sound policy
toentreneh npon the capital
r. A1rd moved thAt the report be received and
latd On The table temporarily. This motion pre-
FEF 4CuDZE6.
NJ Foster esled up the seport Of the Building
cehmittss ah9 dess and a.ar. moysa IT, adoption
sdnpted h5 yote Of the Board.