The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-27

shln8le factory, on the Congarec. Ihey
were statesmen in dry goods and hard
ware stores in their own country, but
have cheerfully gone to different work
in this Eight Italian immigrants, farm
hands, also turned up on the streets,
seeking employment. They have not
found it at tho time of writing this, but
are in negotiation, we understand, With
the same firm and with other pIttscs.
We ought to have an immigration so.
cioty or well-equipped agency at this
point, to facilitate business communica-
tions between those having employ yment
TO give and those in search of it.
The Endowment OF Furmnn Univcr-
sity.
The State Baptist Convention of
South Carolina will convene this morn
ing. Its sessions will be held in the
commodious and comfortable Baptist
Church of this city. 1t is expected that
1t will be large and imposing. and iu-
'clude q distinguished array of talent,
experience and zeal. One of the most
important subjects that will come before
it is the endowment of Furman Univer-
ssity. This institution has an honorable
lhistory in the State, for which, as for
the church, it has done signal and dis
tinguished service. Located in the
prosperous, growing and cultivated city
of Greenville, it has advantages of stu
alton and of social influence unsur-
passed by any other in the South. It
has been matter of general regret that
.our State University has declined, and
now presents only the shadow Of its
former self. Our youth now seek edu-
cation in other States, incurring unne.
cessury expense. and separated from pa-
rental care and oversight. The disad-
vantuges of this course are obvious.
If it is u necessity. it might be regretted,
but could not be blamed. While we
have the Charleston College, Erskine,
WAlhalla, Wofford aud Furman, we'll
'otficerei and vigorously conducted, we
submit that it is neither wise nor neces-
say for our youug mon to go abroad.
The plan Of endowment Of Fu,man
University contemplntes tho raising Of
5000. 600 in bonds rs permanent fund,
to be made payable in Eve annual iu-
.stallmeuts. beginning tho 1st January,
'-876. with interest payable annually. at
the cate of seven per cent from 1st
January. 1878 II the fund to that
amount be secured by that date, the
University will give free instruction in
all college classes to nll competent
students for ten consecutive years, be-
ginning when the oflicial announcement
shall have been made. It is provided
that, should any obligor die before 1st
January, 1876, his bond shall be null
und void, az to the principal. but bind
lug as to any interest due aud unpaid ut
the time of his death. During the
prosecution of this effort, any ono who
shall give or subscribe $780, shnll be
entitled to free tuition at once on this
plan, provided that the interest is
promptly paid. It is in contemplation,
also, to establish preparatory depart
nent, with free tuition. But to do this
successfully, the endowment fund must
be raised to S250.000 The considcra.
tion and development of this plan will
engage the earntst attention Of tho con-
yenton. We learn that about $l35, 900
aas been already subscribed. The
friends Of sound education and Of dis
Greet training of youth iu the State arc
chcered at the prospect of final success
& meeting will be held on Friday even.
ing, in which The whole matter will be
discussed aud presented to the attention
of the convention and this community.
TRo scheme seems feasible. We are
sure that, if put into operation, it would
yiadicate the Efforts of those who have
enlisted in it by the quality of the e,lu.
cltioa it would impart, and by the