The Delta independent., 1902-07-18
DENVER UNIVERSITY
OBJECT OF A STATE MOVEMENT.

Honey Will Be Raised to Free u from
pebt-EIeven Great Meetings Ar
ranged for In the state-Wonder-
fuI Growth and Usefulness Under
Adverse conditions-coIorad Is
Proud Of Her Institutions Of Learn
Ing.
Denver, July 14.-Colorado will make
poor use Of her opportunities II her
public spirited citizens do not see te
it that her religious, charitable and cd
ucational Institutions share as they
should in her revived and increased
prosperity. The friends of these insh-
tutions throughout the state are alive
to the situation and are taking ad-
vantage of the flood tide to clear them
from debt and add to their endowments.
In this they are departing from the
time-honored precedent of running in
debt in good times and painfully pay
ing in hard times.
A notable instance of earnest and en-
thusiastic work In this direction Is now
being witnessed in the well laid plans
of the trustees and chancellor OF the
University of Denver to free IT. once
for all, of the incubus Of its present IN
debtedness OF S15O.OOO. which is not
only sapping its strength by interest
charges. but retarding its progress by
frightening generous people who would
otherwise aid it by gifts and endow-
ments.
At commencement season in June the
university's debt amounted to $lJ0Oo
toward the payment of which $4,000
had been pledged upon the CONDITION
tnat the full amount should be raised.
Up to yesterday upwards Of 5000
more had been subscribed. reducing the
required sum to less than $4,000. As
against this small and fast-vanishing
Indebtedness the university has prop
erty and endowments to the value of
fully 100000
Since the commencement in June
some fine contributions have been
made toward the extinction of the
debt. The subscriptions in Loveland
aggregate 81 900: in Fort Collins 1.SOo,
in Leadville $1,000 and In Trinidad
three men have subscribed $500. Yes
terday in Denver special services were
held in Trinity and Grace NJ. +.
churches and amounts subscribed ag-
gregating about $1,000.
The amount still needed to clear the
university of all debt is approximately
$4,000.
Active canvasslng will be continued
In Denver and rallies will be held at
Rocky Ford. Florence. Canon City.
Grand Junction. Trinidad. Durango,
Julesburg. Greeley. Colorado Springs.
Colorado City, Cripple Greek and other
points.
The friends of the university claim
that ii is now In n condition to make
an exceptionally good use Of money.
Having grown and fiourished 20 re
marlslbly during hard times and while
butdened with debt. the trustees and
faculty have thoroughly learned the
lesson OF economy and no cent that Is
given 1t is likely to be wasted. All will
90 to the making of intelligent and use>
full men and women.
Its departments include the liberal
arts. theology, music. law. medicine
and dentistry. Last year. in all these
combined schools. II had 1,16T students
and 133 professors. For the next year
the figures are set for 1T2 professors
and 1,400 students are expected. Nine
ty-scven degrees Were conferred at the
commencement last June. bringing the
number up to STT since the university
was started. constituting host OF low
ing friends and beneficiaries.