The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-02-13
EDUCATIONAL INSTITUTIONS.
NOnstate Men Do Not Want on the
BOard-What They Cost

The subcommittee of the House education
committee, composed of Messrs. Nicholson
Newton and Schoonover, appointed to draw
up substitute for the Geeting bill, held a
brief session last evening. Presidents Mills
and Stott appeared before them on behalf
OF the non-State colleges and insisted that
in the revision of the State Board of Edu-
cation the non-State institutions should be
left off the board.
Lieutenant Governor Haggard handed
down a report made by A c. Daily au-
ditor of state, as to the amount of money
the State has expended i'm the last thirty
years in aid of the State colleges. On mo-
ton of Senator O Brien, author of the reso-
luton directing that the report be made. it
was ordered printed. The report gives the
expenditures for each year. Below are
given the totals. together with the auditors
communication:
by your body, have the honor to herewith
transmit an itemized statement of the
moneys paid to the treasurers OF Purdue
University, Indiana State Normal and In
diana State University for the years 1867 to
1896 inclusive Also a statement of the con-
dition of endowment funds of the State
University and Purdue University at the
present time.
Moneys paid to the Indiana University
nave oeen ciassed under the four general
heads-hrst. interest on college fund.- for
professors salaries: second, interest on per-
manent endowment fund for professors
salaries; third, annual appropriations:
fourth, specified appropriations
Moneys paid to the State Normal School
are placed under the heads of: First an
priations; third. school revenue apportion-
ments.
Moneys paid to Purdue University are
placed under the heads: First, interest on
State bonds; second, annual appropriations;
third. specific appropriations; fourth
United States appropriations.
Indiana University
Interest. college fund, professors
salaries $202 $50. 30
Interest, permanent endowment
fund. professors salaries .......... 167 162. 40
Annual appropriations .............. S14 613. 90
SPECIFIC appropriations 16i 900. 90
Total ....... ....................sl,3i S 666 50
Endowment funds:
College funds loaned on real estate
mortgages, at per cent .......... 1873 327. "a
Permanent endowment fund. in
vested in State bonds, at per
Permanent endowment funds
loaned on real estate mortgages,
at per cent ACKNOWLEDGEMENTS. 1876 52S. 90
Totals .............. .s773. S56. 80
Indiana State Normal School,
Annual appropriations ........... s249 501. a
Specific appropriations ............ POI 400. 90
School revenue appropriations 49,. 40 0OO. 90
IOtA ........s.. ii, U20 90l. n
Purdue University
Interest on State bonds ........... 1904 500 90
Annual appropriations ............. 462 407. 32
Specific appropriation ...-..-...-... 100000. 90
United States appropriation ........ $4,000
iotdi .'.....s.. .elVol tVi.3
Purdue University endowment fund:
Invested in State bonds, at per
cent $40 coo 90
There has been some inquiry among mem
bers as TO the salaries paid the heads of
these institutions. DR.. Smart. president or
Purdue. receives a salary of 5000 per year
DIR. Swain, president of the State Univer-
sity. gets 5000 per year. and DR.. Parsons.
president of the State Normal, is paid 81 600
per year.