The San Francisco call., 1896-10-25

for one year. 1t is understood that he
will visit the chief educauonal centeFs of
the United States and Europe and make
survey of university architecture. Mrs.
Hearst is to pay his salary and meet all
the travelling expenses, besides all other
expenses incident to the international
com petition of architects.
Com peting architects will be provided
with maps showing the topography of the
region of country surrounding Berkeley,
so that they may form an idea of the
scheme in architecture in contemplation.
1t is the idea that buildings for centuries
shall be on the lines now 20 be laid down
by the architect whose plans shall be ac-
cepted. Incidentally Mr.. Reinstein men
tions the possible outlay of $50, 900, 900
within the next half century.
To the assembled regents Governor
Budd gave an outline of what he proposed
in one respect to recommend to the next
session of the Legislature. He said: II
have long been opposed to the principle
of taxing the people of the present to build
for people of the future. Should we now
appropriate $500,0 900 to construct build
ing at the university the tax would fall
heavily on the people of this State, who
are now paying or have just paid vast
sums for permanent buildings to accom-
modate the State institutions.
at is my idea in this university extern
money of the university and pay interest
thereon. Instead of making a levy to
pay 100000 outright we would levy an
amount sufficient to pay an interest on
that sum. as the case stands now the
university lends its money and takes
mortgage on land-for example, in the
Sacramento or San Joaquin valley. The
land therefore pays no taxes to the State,
as its value is re represented in the univer-
sity loan. Another piece of land adjoin-
ing on which q loan from bank has
been obtained is taxed. There is no sense
in the State lending money to individuals.
/ am sure that loan can be passed
authorizing the Governor, Treasurer and
Secretary to borrow from the university
regents half.million dollars"
Jude Wallace observed that there was
nobody the regents could lend money to
who could give better security than the
State officers.
Regent Rodgers said the subject had
been discussed in times past. he was of
the opinion that the State would have to
issue bonds. He admitted that the
finance committee entertained the same
views that the Governor did about loaning
money to individuals. Incidentally the
point was raised that most of the money
given to the university was given on the
condition that it should not be used for
building purposes.
The Governor suggested that lending
the money to the State would not be
using it for building purposes.
After further discussion the subject was
referred to the joint committee on law
and finance This committee will present
a report before the Governor prepares his
message to the Legislature.
At the session of the board yesterday
the regents present were Governor Budd,
Phelps, Foote, DeDicke, HeIlman, Kel-
logg, Martin, Slack, Reinstein, Wallace,
Miller, Rodgers, Crocker and Chase.
Others attending were Secretary Bonte,
Attorney Mhoon, the architect, and DIR.
Cole.
The first business taken up was the re-
port of the joint committee on the matter
of the contracts for building the Affiliated
Colleges. Judge Wallace said the attor- |
ney would present the report.
Attorney Mclean then read the agree
ment, which was acceptable to the Ray |
Construction Company and all parties |
concerned. In consideration of the right !
to use rough granite from Folsom at 15 |
cents yard the Ray Construction Com |
pany will do the work for $133, 800, al |
though the original price was $143, 500.
When this modified contract is approved !
by the Governor, Secretary of State and |
approved. Then the Attorney-Gen
will approve the execution of the contract.
The agreement with the architect pro-
Vides that his rescission of his waiver for
Tees shall be accepted and that he shall re-
,eive for his work a sum not to exceed the
Inference in the cost of the buildings ac-
:ording to the contract ana the sum
;250, 50,000-appropriated. Under the modi6-
;ation the cost of construction is reduced