The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-03-21
PRINCETON COLLEGE.
Coming Changes in This Seat of Learning
Who VIII Be DIR. NLcCosh's Successor.
New York Tribune, Monday.

New York Tribune Monday
| There are several trustees of Princeton liv-
| ing in this city, and a reporter of the Trib-
une called on two of them to learn what
action the trustees would take on DIR. Nc
Coshs suggestion that school of philoso-
ply should be founded, and whether, if that
was done, it would make necessary the cleo
ton of his successor to fill the presidency.
at was understood by the committee, "
said one of the trustees, that it was a vir-
tual resignation on the part of DR. McCosh,
and a new president will undoubtedly be
| elected in June"
Does that mean that the school of phi
| losophy will be founded?' asked the re-
porter.
at will be, and DR.. McCosh will be at the
head of it,
"Who will be associated with hi1n2
THAT question is still unsettled. There
will be four or five professors in the new
school besides Dr. McCosh, and it is possible
that the new president may have a chair.
| OF course that depends on the man whom we
select as president for if he should be an
| astronomer he would scarcely be at home in
the School of Philosophy"
"Who will be the new PRESIDENT"
"There has not a single name been mem
toned"
What principle do you have in filling
| your vacanciesY'
"a graduate of the college has the prefer
ence always, all things beingequal. II there
is in the list of candidates. for any position,
graduate, he is to blame if he is not sue
| cessful. 1t is because he Is not at the head.
In regard to the presidency, if there is a
member of the faculty fitted for the office
he will doubtless be elected In any case, &
graduate of the college will probably be
| appointed. comparatively young man
will no doubt be chosen
| what will be the expense of the new
| SCHOOL,?
"About $15OO0O. which will be used in
| founding the several chairs, as we have suf-
| fcent room now for the additional casses.'
"How large is your teaching force now?"
| There are thrty-eight professors, and the
| force is very complete The death of DR., At
water, recently, made necessary another pro-
| fessor, and as it was in the philosophical de-
partment, We thought it a good time to es-
tablish the school now"
as there any doubt about the money be-
| ing subscribed"
| Not the slightest"
"What other improvements will be made
at Princeton this year?'
1.-THE University Hotel, now owned by
| William Libbey, which cost $3.50, 000 will be
used as dormitory for the students after this
year"
SIS Princeton denomnational college?"
| "Itwas endowed by Presbyterans and is
under their management; but it is not at all
! denominational."
| The reporter then talked with another
| trustee about the financial condition of the
| college. He said that the endowment fund
was about 81 900 900, and that it was Judi
ciously invested THE college," he CON
| tinued, "needs about $500 900 more to be
added to its general fund The annual ex-
| pense of the college is from $3.50 900 to $780,
" q1o,k Ia1A a.
| is to increase our expenses as fast as we can
increase our revenue"
Besides the proposed school, what addi-
ton to the curriculum is promised next
year?'
AN art school, which will be founded by
either one man or one estate at an expense
of 5000"
Has co-education i'll woman's school
been suggestedT'
The subject of female education has never
come up, and with the present great advan-
tages afforded by Vassar. Smith and Welles-
ley, there is little need of our college dis
cussing that question"
''Was the recent action of DR.. McCosh ex-
pected?"
"The trustees are acting entirely on his
suggestion. He advised enlarging the de-
partment of philosophy and making it a
school to correspond with the School of
Natural Science, and we are acting in ac-
cOrUdnce Win his WISHES. lie Is now
seventy-one years old and has been president
for fifteen years. The college was prospered
under his presidency, and we don't know
where to look for q fit successor to him"
About the time that DIR. McCosh became
president OF Princeton College it received a
gift of 81 900 600 from the late John c. Green,
of this city who was for many years mem
Der of the council of the University of the
City of New York. When the Rev. Dr.
Crosby was invited to accept the chancellor
ship of the University, besides his salary he
was promised that an endowment fund snffi-
cient to place the institution on a substantial
basis would be established at once. Mr.
Green subscribed literally to the fund.- on
condition that certain amount should be
raised. When it was found that the whole
amount could not be subscribed, he was
asked TO Withdraw his conditions so that the
institution mightnot lose his generous sub
scription, Instead of doing that he with
drew from the council, and soon began giving
to Princeton of which his brother was a
trustee, and he gave in all over 81, 100000 to
that college.
Charitable and Educational Request.