Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1901-06-29

as follows:
Your finance committee begs leave
TO report herewith that the commit
tee has examined the orders. requis-
tlons, vouchers. drafts, and report Of
the Auditor and Treasurer of the
University for the year beginning
June /, 1900. and ending May 81, 1901
and have checked bank balances called
for in these statements have examin-
ed and checked all investments, and
find the accounts of the University in
balance, and all moneys and invest
ments accounted for.
In regard TO the general condition
of the finances of the University, we
find that according to the agreements
made with a number of professors. by
authority Of the late Board of Re-
gents, there is now due and claimed
by them for service already perform
ed, during the three summer quarters
taught at the University the sum OF
Sl3, 500 %. AS these services were
rendered in good faith, your commit
tee recommends that they be paid in
full, but as any attempt 10 pay any
cons iderable part of the amount at
this time would reduce the available
funds of the University to such an
extent as to seriously cripple its
work, yonr committee further re-
commends that the Board officially re-
c0gnize the business of these claims
and recommend to the next Legisia-
ture that an appropriation be mace 70
discharge this Indebtedness, which
cupboard found already incurred when
it came into Office.
SERVICES CONTRACTED FOR.
sin addition TO this indebtedness
for the summer quarters, your commit
tee finds that the services have been
engaged which will call for the ex-
penditure by October /. 1901 of APP
proximately Sl2, 600 over and above the
funds appropriated by the Legislature
| for the administration of the Unlver-
sitv, and the funds available from all
other sources. The deficiency is near
| ly all due TO the late adm inistration
engaging the services of teachers and
| lecturers for the summer quarters,
paying a part of the expenses out OF
the regular salary fund, thereby max
ing deficit of nearly Sl2, 600 in that
fund, in addition TO the Sl3. &c., 81
above mentioned. Your committee
is of the opinion that this deficit OF
SIP, GOO should be treated in the same
manner~as the claims in the summer
quarter proper. and, therefore, re-
commends that the Board ask the next
Legislature to appropriate sufficient
sum TO cover the deficit, as any at
tempt to meet it now out of our avail
able funds would practically organize
the old well established courses of the
University, and almost destroy its
deficiency-In fact would be blow to
the University which it would take
years to recover from.
"Your committee also reports that
to continue the present full force OF
professors and assistants in ali of the
courses now conducted, regardless of
the moneys available. would make
another deficit at the end of the next
fiscal year of nearly $4,000. Your
committee would therefore, strongly
recommend that the Board abolish
some departments, consolidate others
and otherwise reduce fixed expenses
so as to come clearly within the funds
appropriated by the Legislature, and
funds other wise available for the
administration of the University.
THE PUBLIC AND THE UNIvER-
SITY.
Your committee is stongly Of the
opinion that the people of the state,
through the legislature, desire to deal
generously with their chief institu-
ton of learning but will no longer
tolerate the mourning of heavy ex-
penses beyond those lawfully provid-
ed, and that further pursuance in
such course can only result in in
jury to the University.
rYtur committee further finds that
contracts have been entered into be-
tween the late Board and Caldwell
and Drake, contractors for the cree
tion of a library, mechanical hall
armory building, which will require
about S., 900 in excess of funds avail
able from insurance on the old me-
chancial hall, and appropriated by the
Legislature for their erection. One
of the buildings. the library building
is nearly completed the mechanical
hall is well under way and the arm
orv building foundation is laid,
while the matrials for all of them are