The Portland daily press., 1895-07-02
sae,o67.1e
INCOME.
Surplus,


Surplus, 50, 346. is
In 1893, the expense was $40, $50 81
and in 1894, $42, 1857 The income in
1898 was S39, 200. 81 and in 1894, 80. 632 81,
so that in 1898 the expense exceeded the
income 81, 291.f6, and in 1894, So, 556 90
This year, however, the income exceeds
the expense by s., 346 1S The estimate,
espense of the next year is $37, 240; in
come $37, ,OSO.
President Whitman calls attention to
this favorable financial showing in his
annual report in which he says
1.-The year just closing will stand
among the best years of the college The
general attendance has been larger than
ever before. The freshman class outnum-
bers by II any preceding class. The work
of the year has been we'll DONE There
has been no interruption from sickness
in the teaching force. The utmost har-
mony prevailed. A good spirit has been
manifest on the part of all and a common
purpose has united faculty and stud
ents
Strenuous effort has been made to
keep the expenes of the year at the low
est point consistent with efficiency. The
trustees cannot feel more anxious than
we who are on the ground that the finan-
ces of the college should be wisely admin
isuered. So far as that is
effected by the faculty and the prudential
committe, unusual care has been exer-
cised this year not to encroach upon the
endowment. In my Judgment the
amounts expended by the prudential COM
mittee this year mark about the closest
economy that is really wise for the col
lege. Much more than has been used
could have been used with excellent re-
suits. But we have kept in mind general
business conditions and have avoided
every expenditure which did not seem
iTD1ran n1sat hos
tributed somewhat to the favorable re-
port of the treasurer. At the same time
all obligations have been met. On the
last day of May there was no bill of which
we knew still unpaid. The surplus is
an actual surplus.
Concerning the department. of French
and German, President Whitman recon-
mended that an assistant to Prof. Mar
quardt be appointed, and the Professors
Marquardt be appointed for two years
instead of one.
COLBY'S ADVANCED WORK.
The report of Prof. VIM. A. Rogers
calls attention to the high standing of
Colby University in the department. of
physics and astronomy and the advanced
work which it is Ldoing. Prof Rogers
says:
IHo ueptiWHeut Ol physics is now
equipped with Is complete sets of electri-
cal apparatus of the best quality Each
student has the entire range of the ap-
paratus required at his command The
college, therefore, offers exceptional adj
vantages for elementary work in electri :.
cal engineering. 1t is believed that no
other New England college is so well
equipped for this purpose.
F'Steady progress has been made in the
Investigations upon the subject of heat
during the past year The reconstructed
refractometer has proved to be all that
could be desired The results of the inves-
LEGATIONS in this direction have been era-
bodied in the presidential address Oy
the writer before the Brooklyn meeting
of the American Association for the Ad-
vancement of Science held one year ago
Since this date much progress has been
made in the direct measurement of the
radiations of obscure heat from large
masses of matter.
"The writer desires to give due credit
to Mr. H. P. Ford of the Senior class for
the development of method of distin-
gushing between heating metals by pure
radiations and by the contact Of masses
of hot air. 1t is believed that this is the
first successful attempt in this direction.
Great credit is also due Mr.. A. S. Cole of
the Junior class for similar investiga-
tion with the refractometer
The investigation of the errors of
the Tycho Brahe altitude -azimuth in
strument, undertaken at the request of
the Smithsonian Institution has been
completed and the report has been COM
municated to the secretary, Mr.. s. ?. Lang
ley. Completely independent inyesti
cations were made by Mr.. Ford and by
Mr.. Cole and their work has received due
acknowledgment in the report
PRESENTATION DAY.