Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-03-28

! been Incorporated under sthle laws
are Union Uuivorsify, New York
is78; Vassat College, Sew York, ls6li
/ ColoraIO College, CDl1raIU, 1870 audaIl
| tho private institutions ~ Nebraska
! and other western ststes. In Nebraska
] an lnztlluil1n must be- in possession Of
| an endowment Of 100000 before 10 can
Incorporate. 10 far NJ known, no other
state requires any specified endowment
| .Ur Incorporation.
In this connection n Il important 10
note, that 0f the huudtoIs Of colleges
aud universiiies Throughout the United
states that have received charters or
articles Of Incorporation, there IL not
an Institution, Of which we have any
record, that is not granted IN its char.
ter OF Afilcius Of Incorporation The
power 10 confer degrees. Indeed, The
tstabhshment OF q college OF universally
tiesuupo,ua the fl4ht o. Issuing di.
plomas aud cJu.erflng degrees, In owl.
de- co OF the completion VI certain
stated courses.
Through tho enactment OF law,
however, providing Tor the incIfpofa-
| ton Of private colleges ami uulvrrsi'
| tIrs, the state docs not thereby either
crfuiy 10. OF Ne any way b come &C..
/ spOusIbI, Tor, the work Of suCh iusiitu.
tons, any more thau 10 D. rssponsiu e
/ Tor the manner VI conducting tpr bus
inC's alaifs OF mining, mauuiuo'utlns
uf Uthur private cumpauirH, Tue Iil'f'
/ at,d under tho laws OF the Slate. Hucu
a law provides merely i0t tue
leEal UXrtucu % private iu'
sttutiony, giving them the ZANE
advantages that Bte enjoyed by
/ other private corporations. IL IN no
/ way Increases the prestige of SUCH Luz
situations Uf AIDS o. the value VI TIE
work done by them. Tue value OF n
diploma Ur degree depends entirely
upon the extent, thofUughness anu ci.
| nuiouCy " the work VI tue institution
/ issuing OF cynivrfing u, 10 passing
Judgment upon the work OF an institu-
/ ton % learning, ~ In determining me
/ value that should be attached u IT.
/ diplomas, inquiry 's never mauc 90 90
whether thu institution received tie
/ charter from the state or was incOf.
| p1fated In accordance with the laws ui
sue state, VI neither II has any Legal
existence at nil.
while 10 II true, ~ the Govufnof
suggests, that private Institutions mny
/ incorporate under tbs existing law
providing Tor the Incorporation u PIT
] vaie companies, II ~ alsJ true that such
| Institutions would bu given the power
| 40 their articles OF incorporation, thus
! secured, 10 grant degrees. The attl'
! Giles Vt Incorporation u the Sheldon
| Jackson college, which was recently
/ iugIip ofatrd uuduf the existing law
| provide that tine Board VI lfus,cei
.....,......shall grant. anu o1n!or sucu
degrees ot hOugrs as may be- duly de-
| tvTmiHtd.'
Instead, therefore, Of Increasing the
powers Ut private Institutions, OF open
INK up the way by whicn Institution,
Of low rank And inefficient and super
| fetal work may b. established In dlt
lorunt parts OF the Slate, To the injury
| u higher education, this bill, should u
become law, viii serve as pT0tcc
/ ton 10 tho state. While "a dor tht
existing law an institution withou
any endowment or other source %
revenue may incorporate, anu thereby
receive the right 20 confer degrees, ihl
bill under discussion PROVIDES tina
there must DO on endowment Of NJ leas
| 100000, asa guataniy OF good faith
0utne part Of those establishing the Ia
| hklAANuul htlulN hlANAiAH " lhNNl IAlh
ton can be secured. Only per
sous who hfB uCiuated by thi
highest motives would end0w an In,
stituiion with this amount. suol
AN endowment, therefore, protects the
state against the establishment OF In
stilutiOua by irresponsible lcteons fOi
fraudulent putposUsi such, for example
~ the Chicago Uniycrsily, which wa
exposed some years ago.
IL Ia true tuat no Institution o
higher learning can DO maintained
on the income OF nm endowment
" 100000, but institutions will
such nu endowment generally
have other sources OF revenue, sucl
as tuition iUos, AMI contributions auu
| giiIs from churches, s0ciuiiu=,aud iudi
yiiuals Interested In their work
rue endowment OF 100000 II
only the beginning. No rcr
son OF pvfsuns would Civ,
such au amount b an Institution un
lees II was expected that other ON
dowments would be made, aud thai
the institution would grow toH posi-,
ton Of honor among tue higher oduca
tiunal Institutions OF the county,
Harvard University began with an en-,
uuwmunt Ut less than 5000
hut the value VI ila property
today exceeds ten millions
Ialu Unlyefsity began with AL
endowment Of a few thousand dolllfs,
whiuh has increased 90 upwards 0t NV,
mlllljue; Lafayette College WIS 10 pos
session VI less ttun 50, when N
received It's charter Ia 1870, whilu the
value VI H. possessions now exceed one
million dollars. Furthermore, Ia,
degrees conferred by these Institution.
aTr nouOted throughout thu education
nj weird, and are valued as uiguly A.
ure those uI any sthvr Class Ot iustitu
| lions.
10 summarize!
], Private Institutions Throughout
the country either receive their char
tsfs directly from the Legislature, o.
uutaln thrm under O. general law ptO
/ viulug iuT Iheir Incorporation.
o.. By passing tue uill under o0n'id
] pFutl0u the Stale does NOT thereby