New-York tribune., 1878-06-25
Union COLLEGE.

ANNUAL FINANCIAL REPORT OF THE PRESIDENT
DECREASE OF INCOME FROM LARGE ESTATE
GIFTS 10 THE COLLEGE-THE STANDARD OF
SCHOLARSHIP RAISED.
lFRoM AN OCCASIONAL CORRESPONDENT or THE TKIBUNEl
TNION COLLEGE. June 24-The presidents
report for this year contains matter Of the greatest i'm
portanee TO the institution and Of interest 20 its hun
dreds OF alumni throughout the country II Is hoped
that they viii respond to its suggestions In manner
that will tell for the good Of Union. The report
mends the students Of all the classes for their excellent
conduct during the year. fact which is recognized by
the citizens who here, in all collegiate towns, have
good opportunities for forming opinions on this point
Their scholarship has been well maintained The Med
cal College Of Union University at Albany ana lts OD
servatOry there, have received liberal gifts aud IN
erased their working facilities. The higher grade OF
scholarship In UDion College ana the seNeter eAanna
uon with the thorough CLASSROOM %Oth Dane IoIuSvu @
greatly the numbers OF the present Junior class put TINS
cauuOt but tell faVoTably the reputation ot the col
logc as Il certainly does on the welfare OF lhe suae1s
who remain. The other classes have also experienced
ms b added tat Of the general financial
Fringency Of the times which ~ auccung Hu cOeBes
TIE total number OF students however rs larger than
Was sx or seven years ago although then nearly all ap
plcans for admission were accepted ana fetalneu Al
iense 10 numbers The course OF studies has been
iarged aud improved especially for the Senior year, ana
in tic department OF Art and Literary Culture.
The beduest received from Mr. James Brown OF New
York Is in completion Of donations previously acknow,
Which left entirely at the disposition OF the college for
any purpose may select d de SeqSess acdTcd 0 G n S e
for ACKNOWLEDGEMENTS the last report OF the president
Alexander Brown, OF Liverpool daughter OF MT.
lanes Brown who gave the munihcent sum mentioned
ahOye has authorized the president 10 eXpend some
So 600 on the Memorial Hail. beside the amount recently
contributed by her. making total OF 8l1,OOO Other
donations, amounting % some $4,000, are aeknOWl-
stlgcd and especially that OF Miss Catharne L. Wolfe,
Of York for maintenance OF the School Of Art and
Culture which she has DOby begun here. gifts OF art
objects VALUABLE casts from the best aeers IN Europe
photography etc have been made by Messrs garrison
Potter and Howard Potter The remainder OF their
generous subscription Of $4,000 10 the Memorial hall
and Alumni Hall Will be available on the completion OF
the building BY Others contributions The large lana
estate which the college is interested is IN cond0n
not Rt All encouraging. In single year, recently the
college bad sold lots yielding !Sl,OOOOOO, ana
hy means been able 70 appropriate an average
Of $4,000 annually 20 ts educational purposes: AT
present these sales have ceased while taxes ana all ex
penses continue before. Tie property, hitherto estl
mated worth 81 100000, Will scarcely yeld S4OOO
for the educational expenses OF the coming year Inc
president felt difdcnce Offering his opinion on the
subject but thought matter Of cOngratulaiOn that the
20 be closed aud the efforts and resources OF
The college turned 90 strictly educational purposes. III
peffectng Of facilities for study and culture TO be
maintained, the friends and OF Union must now
COME 20 her help with direct peCunary Hits by pur
chase OF the lots whose value must rise In the near
future With the recovery Of the country from financial
Distress The president while placing about 81 900 OF
IFS own salary at the service OF the college, and while
in iss behalf urged earnestly that the small salaries OF
the faithful Woodworking faculty be not reduced Able
professors be taned, these are lost can
others be secured. without reasonable compensation,
regularly received ana made reasonably certain as 10
pefmanence.