New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-04-03
THE APPEAL.


the past twenty twenty-five years, been engaged In
the endesvOr give such expansion to the system of
instruction college TO provide Tor the City OF New
York educational advantages equal TO any To he found
elsewhere. That institution Of learning OF the high
grade should exist in this great city appears To them
to be less to the dignity OF the city itself than to
the magnitude Of the interests involved The Of
the efforts hitherto made toward the attainment OF this
end has manifested in large increase in the
Attendance upon the various departments OF the college
imposed upon the trustees the necessity Of
mourning expense in the erection OF addi
iOpa buildings such 10 parayze for the present aud
probably for long time the power of further
improvement. The ideal OF perfectly appointed uni
versity their ambition and their hope TO
see fulfilled here must therefore for indefinite
period and perhaps permanently unattanod unless the
deficiency OF their resources shall bc supplied 10y the
bcrality Of the public spirited citizens OF Ncw-Nork
Under circumstances the trustees feel 1t to he
duty behalf Of the interests OF the higher education
which they represent this great centre Of population.
TO lay before the public the following full statement Of
the financial condition Of the college and OF it, present
needs. Columbia College Is Of the few institutions
learning planted This continent during the Colonial
period and is tho those ihsed in the State
OF New York. For more than century after It, folln
dation its resources were extremely limited and its
financial embarrssmcuts often trying to degree
without a parallel ia American educational history
Unsc most Institutions OF similar age. II has
cei,cd little aid from the muncence Of individuals;
ana S. beneactons from other have been few
and al the time Of their betow u moderate val
ues H. present income, which -ures zoe it, actual
operations apart from the cost Of buildings. Is derived
from two trr"t- o-tatc. tho frat granted By The
corporation Of trinity Church site for the college mt
Il. foundation I'm lot aud the other by the Legislature
Of the State I'm 1914. equivalent for tract pre-
,iou,y granted by the Colonial Government. but which
had been cqucuiy lost in the adjustment Of inter
state bounGar.-
Thee. tract. 10th u item on Manhattan Island we're
Of uncomfortable ynlue when granted, being situated
beyond and one ~ them vcry Tar beyond the limits II
tire settled part 81 tie island and they hcye only at
tanned thcr present Importance fo1rccs Of Income,
from the rowth of the cy dwiu the bet forty years.
During 40 th, long period only two gifts Of Substantial
value have been received from private sources. Of
them a brquest Ia 1913 from Frederick Geohar Of
$4,000 Tor TIE foundation OF frole-sorship
or German, inadequate at present 70
maintain the chair without aid from the gen
cral fund; and the Other a beiuest OF cou.d.
crab,c Ll uncertain amount by tlo late stephen Witt
n.g Inn.ux which. win rI- exemption or Harary OF
nearly 1000 choice voiluca, not kely 10 be available
Tor many rr,- 70 come.
TINANChL CONDITION Oh The COLLEGE.
The actual financial condition OF he cJl,rgs IT the
prc.,u, lime VII be- und God from tue following de-
iaJrf statement Tho lands referred TO above sub
+ CO To ica,c,, FOR In. TERMS OF separate lots.
tie builliugs belonging 70 tao lcssees aud
on.y the lots 10 the college. Besides tile
,ri...o!ng rropartcs the COLLEGE holds thn csu.ta-
bic aud beneficial title about nine ~ lana near
ta.Iuausylc uul 20 fWO lots 90 Ian ana factory in
- list IN was. tGa, ,n1d arising from savings.
suich hls been wholly * pended 300 buildings. TIE
fi owing comparison Of The ordinary annual receipts
aad pIyIcut. VIII exhibit III. ~ the Institution 10
Iay - annual expense on IL present scale or opera
lions:
Eerenue
sa' t1cl cs'4io 2t-ss
E4pepdi.u--s.
SALARIES o. professors ASST ants aud other
0Ircra mi servants ...... ...-.-... &2l1,fN1
i.c r, ana -itera'On' Of DnIiaing ....... &5oq
Irtrr.st til, irmn viii %, iurs .y in
e casrd ~ su's'qucui YEAR. 81 1000
20 e niiIg Tel
loasnip.. schonrsa4ps p.izo, furniture. - -
GLENN. c'''Jp- -87I'O
surplus s37.7O2
This surplus wnLteycr It may amount Co., is Plways
applied On ti- cost 90 hc Iil.inr, 20 provide turiber
ioi which 10. .! 2iC-Jy) was Incurred prior 10 sep
Inc iuil.i,u-, above mentioned are part II q series
great inppsacc tha the prod C:rd plans Tor these i'm
pruyoIacut should be- executed - tLo means o
tue cOuc-f Viii allow, - 20 Afford the requisite
mo !au0n' 10 carry on with cDlclrucf The pc enc
sr.-.ar Of iHi rtrJn. II g. estimated thut Ia urbt i'll
rel for tuis pug, viii a. ,r cad ~ tir present
LuIEtlH year, or tac 3J,h OF september next,
ar9uat to SByD.cO0. AMI pe0r3 tine cont .jnolIfcd
b.ndugs shall be- completed, 70 about $4,000.
fguc Tor tc mean. 10 DAY this debt and 10 ftfray the
prctntiOn ~ in,Tcas- o. rcnts But the uci
rot be- wholly paiu fiom 'AIs source bci,rr "ir
/ sg3. aud in the moan me the power OF tb- -
engage In undertakings must be ycly &C.
etICt,d
WHAT HAS BEEN DONE.
In re.ard to what mas done the past the fol-
lowing brief statement ia submitted II Is now
about twenty-five years since tho growing In