New-York tribune., 1900-08-25
A NEW SCHOOL OF FINANCE
UNIVERSITY TO ESTABLISH
EVENING CLASSES IN BUSINESS.


school. 20 be known the School OF Commerce.
Accounts and sInance The formal announcement
OF the founding OF the new department. It's pur-
pose. scope. facilities for instruction. It's methods
and courses ot study was made yesterday BY Chan
cellor MacCracken after meeting o. the Execu-
tive Committee OF the Council OF the University
which was held in the 0faces Of william F Have
meyer. No. g Nassau-st.
This committee consisted os the Chancellor. Mr..
Havemeyer. William Z Opdike William N kings
ley and James :. Cannon Charles WaI-o Haskizs.
senior member o. the accounting firm OF Haskns
& Sells, OF No. 80 Broad-st. is the Dean OF the
new department OF the university. The school VIII
open October /. and viii occupy rooms IN the new
University Building, Washington Square wnich
has been selected for the purpose Of securing the
services OF practical business and public ac
countants as instructors along lines IN which they
have become prominent
The classes will meet evenings 70 permit The at
tendance OF young men employed during the day
in business houses The hours viii be from 70
and from 70 10 O'Clock. Eve days in the week
II IS expected that arrangements viii De made
that graduate Of this school may obtain the de-
gree OF certified public accountant without a fur
ther examination before the proper State aurhori-
ties.
The school offers many advantages 10 the clerk
who IS ambitious 70 become manager OF finance,
bank president the holder OF of1ce OF public
trust. The aim OF the school. therefore, viii BE-
chiefly 20 equip a man with the power 20 grasp
the details OF great commercial enterprises and
carry them 70 q successful issue The aim Is a
practical one
BUSINESS ON SCIENTIFIC BASIS
The school is a result Of the present general
movement IN Europe and the United States n be-
half OF The higher commercial education Its
establishment is due enthusiastic action
the part OF the professional accountants OF
the State OF New-York- AccoUntancy was raised
70 the dignity OF a legally recognized and
safeguarded profession IN New-York by the Ger
I'D EYrhJF
this act certificates Of qualification practise as
certified public accountants. with exclusive right
use the initials c. P. A professional designa-
ton. are granted 70 those only who have had three
years satisfactory experience il the practice OF
accounting, one year IN the Office OF expert
public accountant al examination IN the theory OF
accounts, in practical accounting. in auditing and
in commercial law.
Application was made TO New-York University
looking TO the establishment OF school or college
OF accountancy. On July &. 1910 the chancellor
Of the university announced 70 the New-York State
Society Of Certified Public Accountants The oficiaI
approval legalizng the foundation OF the insriru-
ton
This school differs rom ne several schools OF
finance commerce recently established ~ prorni-
nent universities n America IN that its entire In
srructton is intended 70 be professional II char
acter. II is in no way 10 be confounde6 with or
substituted for the course OF liberal culture IN a
college OF arts and science. Tt is founded in the
firm belief that business education adequately 70
meet existing and future conditions OF civilization
must be placed upon scientific basis: that tradi-
uonal methods. once routine and procedure OF con-
troll must be traced 10 their underlying principles;
that native genius for trade and finance must be
reinforced BY q we0 grounded knowledge OF eco
no1atcs. accountsncy and commercial law; that not
only administrators oS affairs but in due uropor-
ton their assistants ought each 70 understand the
philosophy as well the art OF his calling and be
able inteLisenty 70 adapt himself and his work TO
-1ura--| -
world.
ADMISSIONS AND REGIsTRATIoN
Applications for admission 60 the school or for
70 the university register the University Build
ing, Washington Square East
To the entering class the following persons win
be admitted without examination as candidates for
graduation:
Ftrst-Graduates Of colleges OF good standing
Second-Holders OF certificates showing compile
ton OF the freshman year In colleges OF good
standing
Third-Holders of certificates showing completion
oS a tun academic or high school course.
Fourth-Holders OF Nev-York State Rssents'
pass cards for forty-etEht academic counts
Fifth-Eolders of certificates from foreign eoun-
tries, tries showing co@Pletio9 Of q course Of se-dy
counts from the Regents.
Members OF the senior class OF the Nev-York
University College. AT University Heights, viii De
admitted 70 this school and will be credited with
Of The senior college year at the Heights
The studies embraced in the curriculum will IN
preliminary experience. 70 enable the accountant
70 pass the Regents examination and 20 begin the
respo5siblity He win Be instructed in the history
trade and commerce, finance and municipal ana
State government; in the philosophy or science OF
herewith in the intelligent reduction Of the prir-
Of accounts: in commercial law and Ia the Ssnsrs7
various phases Of business
FACULTY OF THE NEW SCHOOL.
The faculty Of the new school includes:
HENRY n MACCRACKEN. D. D. IL D. Chancellor
Of the University
CHARLES WALDO HAsKINs c P A. Dean and Pro
CLARENCE CD ,es1 AsLsy 2, Il D. Dean q the School as
CEARLEs e. SPRAGUE c ?. a president OF the
Union Dime Savings Bank. Professor OF Theory q
THAPPETs 7 51:2 p KsNNEsoN NJ A. IL N, Professor
ERNEST L sOGART. Pd- D. Professor n Economics
Public Finance and Banking
F'EFtDISAND WILLIAM L-AFFEETZ. c ? A Con
t-oer ot the American Surety Company, Professor
FRANK A. ERWIN n. A IL. N. Professor u Law.
Sales and Agency
ARTHUR E. ROUNDS. N A. IL N. Professor q Law
CPa-tnership).
ANsON o. NTTRIDGE. C. P A president of the
account Audit and Assurance Company. Professor Of
HENRY r NJ COOK. c. P A CAuditor Of the Board Of
Educationl, Professor Of Practical Acoouzting
LESLIE J, ToAlPKINs, N s, IL N, Professor OF
bills and Notes.
LEON ERu1nlER G ?, a 0e ssrr,hsn Cook q CO..
Professor OF Practical Accounting Secretary Of The
ALFRED oPDTE A. NJ. II. 3. Professor Law.
International Law
FRANCIS W AYAfAR, IL. NJ Lecturer en- Insurance.
CHARLES WALDO HAsKINS. THE DEAN
First among the new men should be mentioned
Charles Waldo Haskins. dean OF the new school
haa- Of ~ IN,