The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1875-05-08
TIE DALLAS COLLEGE.N \
the Editor of the Dallas Herald

TO the Editor of the Dallas Herald
This enterprise is presented to the
consideration of our citizens as bust
ness transaction. The college is to be
built on business principles. Nothing
is solicited for which an equivalent will
not be returned. Our corporation pro.
poses to do more for Dallas than Dallas
does fort. We thought we were doing
our city no little favor in securing here
the location Of this institution.
We did not offer the location of the
college to the town or city that would
give the largest amount of money.
This would have left the mattersin I'M
certainty. In that direction, two or
three times already, our people have
been disappointed. TO avoid ali un-
certainty, our charter locates the col
lege at Dallas.
Our citizens are asked to take $4,000
worth of StOck in the institution. This
at ten per cent will yield revenue Of
$1,000 annually. Every parent who
has sent son or daughter from home
to college knows that it costs, on an
average, at least $500 ayear. Now,
suppose we secure from abroad only
three hundred students, at $500 each,
and the return to Dallas is Si50,000 q
year. Then, if we furnish tuition for
two hundred students, resident in Dal-
las, at cost of $40 per year, instead
of five hundred dollars each, there Is u
saving to the city of $4,000 more.
These two items aggregate S234 600
against 5000, the amount realized
from the city. In addition, we can
form no estimate of the number of
good families it will induce to settle in
our midst. 1t will give employment,
in the erection of buildings, and other
wise, to hundreds of people. 1t will
benefit all branches of business, and
keep the tide of prosperity sweeping
onward.
Now, let any business man examine
the figures. 1t is confidently be-
lieved by many that they are too low,
but if he thinks them too high, let him
reduce them until his own judgment is
satisfied, and then tell us whether the
$50, 600 is a good Investment.
The intelligent reader needs not be
told that this half million of dollars
will go here annually into the general
circulation. II so, every man, woman
and child in the city, no matter what
his profession or occupation, is deeply
interested. Every one interested should
cheerfully contribute something to Sc
cure such advantages. But we call the
special attention of land owners, cap
italists, merchants, mechanics, bank
ers, and business men generally, who
are more largely interested in The fn-
ture prosperity of Dallas, to the inn
portance of this enterprise. Many Of
our intelligent citizens are of the opin-
ion that nothing would tend more to
our material advancement as a city
lust now than the establishment of a
iirst-class literary institution. Men Of
large Investments here cannot afford
to see the progress of the city cease,
her prosperity pause, OF her finan-
eial interests wane. When the tide
turns the other way, confidence is lost,
and disaster and ruin follows In the
wake. Who is not interested i'm every
schc;ne that tends to make oIr pros
perity permanent, aud 10 pour its treas
ures upon our people?
The college will be built. This city,
or some other place, will secure its adj
vantages. The proposition is submitted
first TO our people. They can have it
if they want IL. We would not thrust
! it upon them. The church which we
represent will endow a college i'm north
Texas. She must have it, for the edu
cation of her ministers, aud the thou
sands of her children. The advantages
of the college to the denomination at
large are moral and literary, and she
is willing to pay for them in endow-
meut; the advantages to the city In
which il is located are moral, literary
and financial; and she cannot reason
ably expect TO secure these without
contributing something to its erection.
So far as this proposition has been
presented to our citizens, it has met
with liberal response, and it is conf
IDENTIFY believed that the entire amount
will be secured. But let no one say,
at will be done without my assist
ance." Many golden opportunity
has been irretrievably lost to a whole
community by one individual refusing
or neglecting to cooperate in a noble
enterprise. ABRAN WEAVER.