, 1874-01-06

rersv srn me ss thi- dpes sre included which can
not b. m de t. nzs. with adequate discharge of
those hicu i, vol,s upon the tTesscent Of great
literary inE ttu ion. work Of endowment and orRan-
ktion for school REQUIRES to he done and In this
frtend r ording the necessary resources and GREAT
Ing aud combining the aemeuts OF educational power
to be united In each oro. Endownents for numerous
T1ofessorahps become necessary, md these must ba
raised By efforts which, ia well known, demand the
Lest energies Of competent men. Otter mstters Of
duance require vigiAnt attention aud aingent pro-
test talent in organization &nd finance which the
Beard cau command, aud 1t is with view to prepare
Of duties above indcpted h.s been made It is only
necessary to add that the two Offices Of President and
Chancellor, are TO be entirely Independent Of eseh
is to be responsible tv the Eoard alone.
THE Y1xAScEs.
The report proceeds tu stato that 4 meeting OF
the Board, specially to consider financial ques-
tions, will be held in q few days, and soon after
wards the Committee will give an exhibit show
ing what III needed.
For the preeent 1t must suffice to call attention to
the fact at the finances Of the University could not
fall to suffer seriously uuder those reFetcd shocks Of
pecuuixy and oh.r disaster which, located tn the
City Of Chicago, aud partakIg IN degree i's nnan;
ciai fortunes tss been in Iosttion 70 feel beyond
cven what Is COMMON with such institutions In the
struggles Of their earer years. As ndcaed to some
in the litter Ct resignation OF President Bur
rsug towsrd ne diseaa1gs .xo o. % naob
peae4ly almost auuihilased By sce such recurring
cau1e When II is considered that in addition to the
heavy expense incd. Mt 10 complete courso OF in-
structio II has been necessary - provide buildings
for the accommodation OF hundreds Of Students
ing these such their character to be in keeping
with the general style Of architecture in city and
not unsuitable to natttution OF this grade, when
it zhau have become au that its friends hope and
when is remembered that enterprises Of this kind tn
West proceed amidst conditions fur less favorable than
those Of Eastern oeswhen all js taken into account.
It cannot Burrrse any that the University ia all the
time In need OF tho active efforts of its friends.
We rfuBt add to the above that whatever IN these
circumstances las tended to affect public confidence
either In the University those especially charged
with It's interests, has been Of necessity and unavoa
oly-however it may have been naeant-a blow * fta
very He 1t is the duty Of the Committee to say, that
without tho activa and continued aid ot Ill the fnends
Of this institution its highest usefulness II not its
life, seriously tmperiled 1s friends earnestly
requested to accept and to thoughfuy weigh our 49,
surance this effect and also to extend to the pres
eut Board Of Trustees their confidence that funds
committed to them will bo used with all ldellty and
in due Ct accountability for the discharge Of
such trusts
POORLY pAID.
Tho Committee coucludo by caning attention
to the poor say received By the Professors, aud
urging nm increase. II endo" ments cannot bo
had for the various chairs, xn Income should be
provided in some reliable Way, which would put
the Professors in that condition Of pecuniary
Independence necessary to persons engaged in
such peculiar duties.