New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-06-19
VALE ALUMNI UNIVERSITY FUND.
FIRST ANNUAL REPORT OF THE DIRECTORS
THE NEED OF THE MONEY.

rrpsr .NNuAL, REPORT OF THE DIRECTORS
THE NEED OF THE MONEY.
xov.u Haven. Conn. June IL speciaD-The first an
ruaI report Of the Yale Alumni University Fund AS
socioon has been issued by the directors Inc luna
was established at the last Yale commencement III To
sponse 10 resolutions OF the New-fork alumni. Niho
directors Yale alumni, manage the fund. They arc
arno,r.ed bv the president Of the university. The
objects Of this association 10 obtain contributions
onnIIcobc 70 any uses OF the university but preicrao
TO general university purposes, the Dement'S Oh "iho"
are shared by all departments and otherwise 10 increase
the resources aud advance the interests OF fae I'M
versty. In their report the directors say
The results shown In SO short time seem 70 JUSTIFY
tho belief that the widespread desire among Yale men
TO aid the university according 70 tner meaI maize
follows Cash received into the fund. sll 9s SUD
ord animal paynens assured on subscriptions OF lseo
PAYABLE January l. 1892, $4,000 new su9serP ~
payable on or before January !, 1892, Sl,3Oo tot'
pSsnred January 1892 sI663o o. subscriptions to be
continued annually S0oio
No opportunity for annual subscriptions was offered
until the issue OF the November circular Douo'eos
most Of those who contributed before that time VIII
continue 10 give Upon conservative estimate about
ss 900 may be expected annually from the present
members OF the association, and II membership DC
merely maintained and not increased this Is equVaeht
to all endowment at per cent OF SoOO,oOO' Tic mum
Der OF members Is $50, while the numDer Oh NinS
alumni exceeds I,OOO. III VIII uOuDuCSS 7"'P'i'N '
to learn that the income of the large beqneSt OF nr'
rayeryeather will not more than suffice 10 offset the
net additional expenses caused by the Increase IN u nc
last two or three years Of the number Of stu9ee9 a..
Yale even without improvement In the education
given, and more expensive methods ana courses VI
education are demanded constantly. ,,
The Official announcement OF the valedictorian
and salutatorlan OF the graduating D,G Ga' Subljc
Yesterday. The valedictOry has fallen 70 Natian
Glctsman, OF Chippewa Falls, Miss, ana , Cle
salutatOry to william Tenny BARLEY, Oh , nil" s
port Conn The contest for the first place mas l0r
the last year been close one BARLEY, sithophgn
there are said TO be at least four men above him. mas
been appointed to deliver the Latin salnatory owing
to his ability Latin scholar The other commence
ment speakers will be the six men who have received
The Townsend prizes and who VIII deliver thelr
essays at commencement I'm competition for the 10
Forest medal, valued at 800. They arc as follows
Luther II. Tucker, IT.. of Albany; Howard 7. Kings
bury of New York City: Ray i. Smith, OF Lcklaen
n y; Herbert X. Smith. OF Hartford, Conn; eros
venor Atterbury of New York City Edward n Lo9mls
Of BROOKLYN In addition to the above, there Will be
one other Grafton on the commencement programme,
which will DO delivered by William n. Thatcher' Oh
pueblO Col,