New-York tribune., 1873-05-23

trnller CuISJrs II FoISER Of the Court OF Appeals
HORACE GREELEY, GEORGE AnDRt"s na every other
trustee. ,., o,so,, ,o se,,
Then aud not till top did Mr. Cornell SSnsenI 20 sGn a
ssil mil ali these men had advised and requested nun
to do and tno crcumsoSs o nv 1sut it rests upon
The trustees and not upon MT GornS % se,f y anone @
bnnc aro ilty But there is gut-there Is no iaut
n was wise thing TO do; II was tne only tnlng a. % uo
Had If not been done It not impossible that some nan
i might have forced us 80 throw the whole
amount Of lands into the market anu 70 INV w @ va
them at panic prices That sale enabled us TO go on ana
to tho lands remaining But was sHSn wss 9sa op p
point OF ysw Inc pres & 49!ner ,S @ @ WAS otSer S
state ever realized, II was between seven and eight
times the price realized by some OF the States
The state OF New-York, you have seen. could not
locate the andsNthereforo she could at the high
scTp Ezra Cornell obtained slOOOOO-and he therefore,
gave 20 the State of NewYork by that transaction
100000 Just truly he had given 1t out OF his own
pocSet He made 100000 for the State Of NewYork
when he might easily have made It for himself Thls
the transaction for which he Is held up as scoundre ana
swindler This is the transaction which, In the speech
referred to- is called cheating and derauding" But
parties other than MT McGraw and associates, were
ready give larger prices and that therefore, there
Never was charge more utterly false. The facts are
simply these From time to time one party OF a9oLnef %
would send Mr. Cornell and offer for or possi
bly, more per but 70 have 1b sGd m 1 way 10 have
allowed parties 10 have cued ont here ana tnere .e
high would have brought dscredt upon the whole
manning property Had such sales OF few thousand
acres been made the remainder would not have been
disposed Of in years price Wisely them did Gov
Hoffman, eut-Goy Beach, CONTROLLER ScnSls oIPes Es
tus Brooks and their compeers men whose integrity
never has been Quostonedrequest this sale OF onena
OF the University lands and wisely did Mr. Cornell yield
| his opinion 10 theirs.
MR.. coRNELLs ENAvERY."
But, supposing all these State officers 70 nave oeen
dupes and Mr. Cornell a knave Was there ever such
dlotic knavery his Suppose that Mr. Cornell sought
10 obtain the lands for the profit of himself and Mr. NC
Graw-was there ever such idocyf The man had toied
| and worked year after year. and for what simply to
price OF the land from GO cents an acre 90 " an
that is he had planned and worked year ao IN a% Or
| what he might have obtained, without the slightest
menfs II yoH will mis- alone is more than sufficient
the winds the whole fabric OF speech In the
That speech is constructed the theory that Mr. Cor
nell is dishonest and the very transaction brought
Mr. Cornell heen dishonest man. or even selfish man,
he would have the land when he could have got II
100000 Gentlemen it is not in view of this transaction
alone; it is in view of an intimate acquaintance win 10
him for in the councils OF the baJe anu III
the management OF the University that declare 10 you
E1a Gorae @ is the most Utterly unse6 man
have ever known. have known him to WORK lor tne
University for the community, Tor the Stae, nBnt an9
day but never knew him to do stroke of work to add
the fortune to raise the position Of Ezra Cornell
transactions. as REQUIRED by law have asked the
office OF the Controller aud In answer to my questions
|
Others He has his statement and report every year,
and hGse and ST sae an ee
| them. This caumny fades away Ike the Others. -,
lature to enable settlement to be made between Mr..
Cornell and this State. Look at II moment Mr Eof-
nell gone for dev0tDg hlmSelt 10 te Uni
versity has given it in cash for grounds buildings
books apparatus, machinery Tools specimens, oyer
advanced in the location of lands, payment OF taxes
etc. over 100000 more. should say that ~ honor 1t Is
the great State OF New.York aud not Ezra Corneil.
| whicn ought 10 ask a settlement But the settement
proposed not for the purpose OF repayng Mr Cornell
his advances it is simply to enable him to transfer the
mortgages aud other proper securities received IN pay
ment for lands, to the custody Oh the Ssse anu shen
when sale is consummated, to be relieved from iurthef
! responsibility in the TRANSACTION III would seem mat
longer asked Mr. Cornell has now Dut one request
and that that the Governor OF the state OF Newfork
| may allowed TO appoint commission OF men, III
whom the State have confidence 10 lnSeshgate ahu re-
port upon all his transactions That Is all that Is asked
terminns whether Ezra Cornell and his associate
tees scoundrels and thieves or their assailant
| wantOn defamer That opportunity Will be given,
fully believe The good men OF both parties VIII unite
| PROGRESS OF THE UNIVERSITY.
come back now TO brief sketch of the progress Of the
University This Ia necessary full understanding Of
subject As the act OF 1862
passed. and little Of the deprecated scrip had been sod
mutudes collegesand universities rushed forward to
clutch share OF IT, There were about 20 OF these inst
ALL and the scrip was selling had It's entire
proceeds been divided between them there would not
have been enough 10 give each single professorship
The fund would have been utterly fttered away The
IpQislatur6
ami they bestowed under certain conditions upon the
institution known The Peoples College," at Havana
m tbs aoS JeSe%a MCGUIRE the author Of the speech
above referred assang Mr. Cornell and his associates
TO be certified by the Trustees the satisfaction
OF the Regents Of the University OF the State and within
Thai the sad prepared with least competent pro-
issors That they own ana are s 9O sh1 81 % T1e 40 college
$50 students with suitable library phio
suitable for the practical teaching Of agriculture Of n least 20
also Itsbe sboDs os machise and oiber for teach
ing aOf which property must be ned By the Trus
wear rolled round and nothing had been done at the
Peoples College which indicated even an intention OF
carrying out the conditions of the act The friends Of
Agricultural College at OVID and the other colleges
pieces and carry the fragments. had the honor
that time to be Chairman OF the Committee Educa
ton and Literature In the Senate and steadily opposed
all attempts to divide the fund or to peddle 1t away
insisted that the Peoples College and It's benefactOr Mr.
Charles Cook should have year longer to show what
they would do
THE PEOPLES COLLEGE STILL DOES NOTHING.
Another year passed and again IL was seen that the
Peoples College had progress. But what
more significant it was discovered that bill had been
introduced into the Assembly relieve 1t from all
ditions and to make the grant absolute This at
showed how little to be expected from the Peoples
College, and committee OF the board Of regents sent
Investigate reported 20 the Legislature that the col
lege building sufficient for the accommodation
Of two hundred and fifty Students and also that in
Of chaper s Of the laws Of iSs have not been conn
piled with by the said Peoples College as to enable it
at present time TO receive the proceeds OF the fund
therein mentoned"' The regents we're also requested
to determine upon sum TO be raised by the trustees
OF the Peoples College, which should In the Judgment
of the Regents, be sufficient TO enable them 10
carry conditions of the grant After careful
animation, the regents fixed the sum OF sl650o TO be
deposited with the treasurer Of the college 20 enable the
trustees TO comply with the act OF the Legisaturei
In 1855, therefore, act passed chartering the
Cornell Universty 1t provided that when certain
ditions were carried out including the gift Of by
Ezra Cornell the said University, then that the pro
ceeds Of scrip coming from the United States should
be gwen TO the said University l now call your