The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-16
TO AID THETNIVERSITY.
THE house COMMITTEE APPROVES
or THE SENATE BILL.
Senator Morris Advocates the Measure.
Accounts Of the CITY and County
Treasurers or the state.

The House Committee on Finance heid
a special session in room No. on the
upper floor of the Capitol building yes
terday afternoon for the purpose OF tax
ing action on senate bill no. 215. 70 en-
able the rector and visitors of the Uni
versity OF Virginia 10 repair the loss
sustained by that institution by the hre
OF October "a, 70. .,..,.,,,-.-,.
Senator George ". Norris Of Char-
lottcsville appeared before the commit
tee and gave a short description Oh ln'
history Of the bill, which ne was per
lv familiar with as a member OF the
FINANCE Committee Of the Senate. The
bill had been considered py 'he 80.
Treasurer. Auditor. ana the- 'h-ii mn
Of the two Finance Comini. ices. ~ J.. 10 /"
cOmprOmisc measure which tides over me
present condition Of affairs, anu can ~
remOdelled at any time. ~ Hiahss a.
appropriation OF $4,000 per annum nt t"e
STATE, and can De revoked al any 'iiie',
IN speaking Of the needs OF the M
yersify Senator Morris read the ltlieT
from Professor Dabney punlsncd lh y,.-
terday's Times. The deuclehCy Is ,sn-
mated al $4,000 and the bill PROVIDES
for mortgage OF $lOlOoo' anl u.e Hiuh-
ing fund feature IS mandatory. A. pres
Ont the University has dcDt "hieh
was bonded in 1910, amounting ia ne
aggregatc TO so3,0e0. which has Deea re-
duccd through the sinking fund 10
$4,000. and IL will be paid OF IN itu',
an annual appropriation OF .2,iaV having
been set aside Tor tlat purpose ~
The University win fan heir 10 the
Austin estate. involving the amount Ca
10000, and as soon as thar is zone We Irs
bin in question can De- remodellfu' .'l '
IS also suit pending IN The St@te o. Nv
York. in which the University IS N
volved to the extent OF $l@1p, 10 De
paid from the laifwe Gather estate. IN
the lower court this suit mas been Won ~
the various institutions OF lenTnlhs' uut a., 81
fa.lr
will be decided within the next l"o
years. II the decision Of the lower court
Is confirmed, then there VIII DC an
other chance 10 remodel ms meas y,
This bill is only intended 10 provide Tor
the temporary needs. The properly OF
the University. which belongs 10 INC
state. has value OF one million az" n
There arc az present 90 students from
other states a this institution VINO spend
abOut $50 0Dl annually IN virginia. 1heFe
are also numerous schools IN TINS couIl ~
that furnish students for the university
who would 90 elsewhere If the insutu-
ton should not be restored TO us former
| usefulness The entire amount expended
annually I'm this state IN connection win WI
the University is about $4,000 The
grounds Of the institution viii have TO
be rcfnodelled. and the bonds are not 10
be hoated for less than their par value.
ANOTHER BILL.
AIr. Cooke. Of Norfolk. the chairman
OF the committee, stated mat he hal re-
! ceived a letter from the authorities OF me
/ University. setting forth that the running
[ expenses Of the institution are $4,000 an
nually and that at present there Is a
small deficit OF about two or three hun
bred dollars.
Subsequently the committee went into
/ executive session and decided unanimous
/ ~ 10 report the bin favorably. 800
The committee also considered the BIZ
| introduced by Mr.. Bland. or P0rtsmouth'
urovtding that the Auditor Of Public Ac-
/ counts is 10 publish at the end OF each
/ fiscal year a statement showing the ac-
/ counts Of the various city ana county
/ freasurcrs with the state. Copies OF TINS
/ gtatement are TO be posted on the doors
I OF each courthouse. The committee de-
cidcd to report the bin favorably.