The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1876-08-20
EDUCATIONAL.
Thr nallns roIIcg.

pevlaliohs. stu, ugr progress, under
Tie circumstances, has heru satisArtn.
~. When We consider that We have
lahHrrd under an extraordinary lirAu.
'iaI sIringrncy, when the whole cuun.
try has 4 oaned under the pressure,
when industries have lHuguishcu,
when powerful corporations have tail,
ed, when strong firms OF long stand.
ing aud great resources In business
.centers, have been overwhelmed, when
individual failures, Of sugarIous,
shTewd business men, uf well known
capacity mud prudent forecast, have
been the order Of the day; and when
II general uneasncss. respecting mon,
etary affairs, has pervaled the public
mind, our measure of -uc,ess ought a.
be a matter OF cungratuatiln to all the
friends Of the enterprise.
We regret, that We are uualle u
state precisely the cash value " W hat
has bten secured The aggrtg gate val,
uiltion OF all our assets amount 10
something over sixty thousand dollars.
\ large .Uount Of cur lands ARE worth
their valuation; SOME will fall below
II. The large amount Ot eur cash notes
are worth their hre value, but a few
P"I'l's' r'''r'''Y solvent when lhr'r
notes were giN'H, are no" unable 10
pay '"e'' Illt'' events were auIlci-
PHc,"'
The entire college rdiGrr, as drawn
~ 'l' "IrnlV'N WIZ c"N' S"''WV or
S''''"' we nave contracted Ter the
'I''ll"l' Oh N,r ,t,Ilyi 'H''dluS NJ cost
uI ,"' Nv lhIs uuldI'G contain" -iN-
lv',l rooms twenty-five Ivtl square,
'i'' u VT" per covering ,,N vac 'n,i'r space
of enc STORY, a'l0rlin& capacity tor TIE
'''ru''l''AIion "l i"ut .uuaT'A -jl.
.''uI, aid which, ~ architectural
hr"'i}' "'I exceed every college ,"1-
H'r iu 'hr state
me '"Ih rN Ille NIil'a'i.E Ilf com
m'""rd H''W0 hl''h prepared ur
BOW ready To he Ia,u IN iu" walls, Huo
lle lunhri b. no~ hrlaG shipped IRON,
tis.r"H lvAH-.
shall thr work ~ on, or shall IL Iy
abandoned y To a Is imH qjorttu IS
ln answer IT, surely, There cam 'r Oul
one au'"er--lt N" "Dl, 81 %" Now,
NilI every bu,ldo"s man HnH pro!"IJ,
holder IN the cily and u, nrcofJlua 10
h'S ability IN tins lH,porIH Dada. 'n
trrpriSc" II rust he apparent from
the ahor" statement ct Facts, TINT the
means already secured ar" insufficient
toconpipte the whole enterprise Nor
will II meet the approval OF the pr"pI"
OF nailH- to depart from our ongjuaI
design and erect "a less stately tdlur".
The general desire Is to erect super
structure that shall he The rrlde OF the
city and an honor 20 the STATE. ID
build such an institution, ON
citizens are willing TO con
tribute. lhe only difficulty IL
the want OF absolute assurance that the
work VIII go on to completion Can
this assurance he given we submit
the following consideration; ,
After careful examination OF al
our assets, after reducing our lahds Il
their minimum value, after casting
out every dollar OF our last hotes'Whlci
are regarded as douhtiuI' Hha h,te'
making ALLOW ance for future coffin
E'hN'I't Wv w '''N 1890 ''l -
addition to what has been already Sc
cured, will enable ns to complete INT
college building at an early day I'M
additional amount VIII enable us u
prosecute the enterprise, without torc
ing our lands upon the market a' I'M
juncture, which would lhNoiVe heces
sarlly great sacrlhce' .--...,,..
We can only ADD, III TINS connection
that we have devised pan ior ran
ing this additional Sl5,Ooo' winch II
believed, VIII meet the approVal
our people. ,. ,
10 the lntelllgeht mlhu, IL mus. y
manifest, that no mater wl"' system
OF public schools Is devised, or nov 10,
many academies are estaollsheu, W
need in Dallas the center VI n"il'
Texas, II college OF Ihe hIshest sinu '.
furnished win all the ihoH s , app ,h"r
ces ana improvements LOT Ine t,o.
ough training ana meu.a n ru''ol
OF our sons ana uaugnVets
TINS great STATE 10 say no'nins 90
the advantages OF nome , euuc"''V 1na ~
our own chliureh' the seiel"l mn nit
clal consideration oi MINING oui ,' I,'
an euucalioiai cen.et aIu ,,,'uo ~
from year 10 year hunure .;.,, " stuue an
rom ABROAD 10 our aus ,ns'i'uS w. ,r'
not De easily maghl''e ea ,oo in ao,m no.