The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-07-24
COLLEGE AFFAIRS.


Priscston College and It's New Prssids snt.
The Evangelist states that DR.. McCosh is soon
expected III this country to take the Presidency
OF Princeton College, ard that his friends are
preparing TO give MIN hearty welcome. As
suitable preparation for his coming, some gen.
temen of New YORK have raised fund of
$4,000 10 endow his chair. This will be
double advantage of securing TO him an annual
income OF $4,000. and LEAVING untouched the
present salary, which is continued to the retiring
President, DIR. Mclean. Tue Eudngelis adds
''Thus 1t is mark OF honor to two noble men
who have done 30 much for the cause OF Chris
tian learning on both sides OF the Atlantic. We
dc not know who was the mover III the raising of
this fund, but should not be surprised if our
friend Robert Carter was at the bottom of it, as
he is always engaged in some such business.
Not content with thil, he must needs stir about
and raise six thousand dollars more to furnish
the house OF the new President. God bless this
Lobe hearted Scotchmau, who, with the inge-
mum p6JerUGa1n SC0tO1T71, is so hearty i'll every
good word and work! Or the number of the
contributors we have heard but few Mr.. Robert
l.. Stuart, We understand, gave ten thousand
dollars, aGd Mr.. John A. ste wart, five thousand.
Among others Mr. Bonner gave two thousand
five hundred dollars" The New York corres-
pondent of the Presbyterian, Philadelphia
writes:-I am happy 10 report that the sum
requisite to endow the PresldeptshIp of Prince
ton College, and to hit and furnish the Presi-
dents house, and 10 bring DR.. McCoSh across
the Atlantic, amounting IN all to aoout $780, 900,
was secured here, and mainly through the
euergy of Henry Alexander, ESQ.,, in ten days.,
&he New butidiuSn and klk auCtaI COns
dtttOB or Yale College.
We gave yesterday, by telegraph, the Com.
mencen ent exercises at Yale College. The
following paragraph from the New York Zri,
J1I7e'S letter are of value an interest -
The trlennial catalogue issued this year gives
AS the whole lumber of graduates of the aca
demlcal department OF the college up 10 the
present time, and including the pre- cnt gradua-
ling class 7749. OF these, 4lO4 are dead, and
4645 are living. The graduates OF the scientihc
,nr4. hnun ,harpI vl,AY.N a
are living. There have been sos graduates of
the medical department, 476 of 8hom are living.
The graduates OF the law department have num-
befed l44, OF whom l37 are living.
The members of the College corporation have
staked out the ground for a new dormitory
building. 1t will be a four-sory building, wita
accommodations for about 30 7tldents, and the
site selected for 1t is upon the College street side
OF the College square, and directly in front of
the old ''SOuth Middle" dormitory building.
The intention now is to change the disposition
form hollowsquare, the buildings being placed
near the streets which form the sides of the
College square, instead OF running through
the centre of the grounos, as at present. The
the site of the Peabody Building, and the
east wing OF it will reach down TO College
street, and the west wing will extend back to
the Street Art Building. The site next north of
the new dormitory building is designed tor the
new chapel, and other dormitory buildings will
be built as fast as possible along the College
square. The new theological building will be
bl 1T on the corner of College and Elm streets,
directly opposite the Elm street Methodist
Church, and separated from the college grounds
by Elm street. The funds for the erection of
this building are increasing, an additional gift
OF $40, 600 towsrd 1t having been made within
ieT davs. About two'thlrds of the expense of
this new dormitorg building, which will cost
about 100000, will be met by gifts made by
Henry Farnam, of Chicago.
The general fund OF the Academcal Depart
NT IL, I>o,, g..
COLLEGIATE purpose, now amounts TO 1856, ,6lO, of
which S65,l73 is invested in unproductive real
estate. The endoWments of proessorships in
this department amount to about $3.50, 600, the
fund OF whose income is payable to students
for priZeskor scholarships amounting TO about
$4,000; the Library funds to S26,S37, and the
funds accommodating for new buildings and other
purposes to about $lSO,OOO. In the theological
department there is a general fund Of $l87 ,639,
library fund of Sl269, and a scholarship of
| S26, 800. In the Sheffield Scientific Scrool
ana a library fund of $4,000 and
| this school also receives annually from the
| State Treasurer the interest on a fund of
| $l35, 900 derived from the agricultural college
| ment has general fund of Sl2, 234. There are
| also some other funds, small in amount, and set
| apart for some specific purpose. The gift of the
| college OF the Street Art Building, and the p-o-
| vision made by George Peabody Tor the erection
| and maintenance OF a Museum of Natural His
tory do not add to the productive funds OF the
|
of the summaries made above. The gene
raj fund has been, aided to bear the
! increased charges which have been i'm
posed upon it by the high rate of expenses
of all kinds in every department OF the College
by gain during the past i've years from the
sale OF real estate amounting TO 800 222'04; aud
by an increased charge for tuition, the effect of
which, in larger income, has been experienced
during portion of the last year. The charge
for tuition at present is $50 year, which is still
below the level of similar charges in. the higher
academies and schools. But few professorships
have any endowment and the greater part OF
the professors salaries has to be paid from the
income of the general fund, leaving less than
enough for the necessary miscellaneous ex'
penses of the institution with no provision for
ordinary wants, or for further growth and de-
velopmcnt.
The 6rst examination for admission to the
next Freshman closed last night, and there were
about one hundred and fifty applicants. One
hundred and forty of these were admitted with
or without conditions, and the examination al
The commencement of the fall term will un
quesLonabS swell the class to two hundred