The times. [volume] (Richmond, Va.) 1890-1903, 1902-11-13
: T-nE uNiv.ssiIa o WRGlNi.A.

The University OF Nn sinia is public
criticism, We do not pretend TO say tnak
.l.e business management of the insiitu-
,ion has been all that it should have been.
Sui there are many things to be consid-
cred. and when the business management
of the University is compared with that
OF the great universities at the North
the comparative revenues of these insu-
tutions must also be taken into account.
For example, Harvard University had in
1884, invested funds. exclusive OF lands
Buildings. books and apparatus. exceeding
S. 100000, giving an annual income OF more
t,an si.0s4.ono. of which fully $4,000 was
awarded to meritorious students
During the presidency of Or. James Nc
Gosh. from 1865 to 1855. Princeton Univcr-
city received in gifts more than $3.50. go,
and President Patton more recently re-
ported additional gifts amounting to slSaS-
ea!.
The University of Chicago vas founded
In 1859. and between that time and 1887
the contributions and subscriptions ag-
eregated sll.500,o0o and there have been
large gifts TO the institution since that
time.
These figures are not up to date. but
they give some idea of the revenues which
these wealthy institutions enjoy All this.
TO say nothing OF the large number OF
rich students In attendance and the enot-i
nous sums OF money paid in from session
to session by them.
The University of Virginia receives from
the State the sum OF s5o.y00 d year. SSotero
OF which goes to pay interest and SINKING
fEnd charges. Insurance and the IKE ana
The residue is not sufficient to cover the
cost of tuition for the Virginia students
who enjoy all the privileges OF the aca-
demic department free Of charge. The
mana cement has always beer! embarrassed
Tor lack of funds. and il mas been onl!
BY practicing the most rigid economy that
The institution has been able to meet its
current expenses.
But while the University has been poor
Il ha. maintained lis character, il has
n.atntained its high standard of prof
cheney in the several schools, Its pupils
have received the very best instruction
that can be given, and the honor sys-
tenn has always prevailed among the
sIsaents. Men who have taken honorss
Z: ON the University of Virginia have taken
+ them on their me,it. for never has d!
ploma been given for faNoritsm IL an
institution is to be JAGGED by its work,
tfcn we point TO the distinguished grad
yates OF the University of Virginia
throughout the length and breadth of this.
land as living testimonials. These grad
yates are TO be found in all departments
OF life-in the business and mechanical
world. no less than in the professional
Morid-and WitlloH, meaning TO disparage
other institutions, or the graduates OF
other Institutions we state the simple.
fact when we say that the University
mel. have been first and foremost among
the distinguished men in all the activities
OF Virginia citizenry. The men who com
r,cs. the University Society of Alumni
viii compare most farorably with the
alumni Of any institution In the state or
in the South, or for that matter in tbs
Irited States.
The University has done grand and
glorious work in spite of its poverty. in
rrYste of its many handicaps., in spite Of
hostility from some sources. and it de-
serves as 1t has always deserved. the
confidence and support of tile public