The Holly chieftain., 1902-07-18
DENVER UNIvERsIT1
OBJECT OF A STATE MOVEMENT

Money Will Be Raised to Free It frs
Debt-EIeven Great Meetings N
ranged for In the state-WordsSssl y
full Growth and Usefulness uudGf \
Adverse conditions-coiorado WI
Proud Of Her Institutions Of tear
Ing. G
Denver. July 14.-Colorado will maxi
poor use of her opportunities II hefa
public spirited citizens do not see taS
it that her religious. charitable and ttIss
ucational institutions share as theys
should in her revived and increased
prosperity. The friends of these insti.
tutions throughout the state are alive.
to the situation and are taking ad.s
vantage of the flood tide to clear theras
from debt and add to their endOwmentsi 4
In this they are departing from IT,
time-honored precedent of running nj
debt in good times and painfully psySs
ing in hard times #
4 notable instance of earnest and crss
thusiastic work in this direction Is nosS;
being witnessed in the well laid plail
of the trustees and chancellor of the
University of Denver to free 1t, once.
lUT ull, VI tle luCuUuS vi It's kTcSeIlk iHs,
debtedness of S15O.O0O. which is not
only sapping its strength by interest
charges. but retarding its progress NJ
frightening generous people who wou31
otherwise aid it by gifts and endoMs
ments. III
AT commencement season in June thS
university's debt amounted to $780, 000
toward the payment Of which $9O0Oos
had been pledged upon the condition
that 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. AZ
against this small and fast-vanishins
Indebtedness the university has prop
erty and endowments to the value Of,
fully $700,OOO
Since the commencement in June
some fine contributions have been
made toward the extinction Of the
debt. The subscriptions in Loveland
aggregate $1,000: in Fort Collins 81 800,
in Leadville $1,000 and in Trinidad
three men have subscribed $500. Yes
terday in Denver special services We're
held in Trinity and Grace NJ. E..
churches and amounts subscribed ag-
gregating about $1,000.
he dIOuut SillI Hetueu 10 cIeuF tHe
university of all debt is approximately
$4,000.
Active canvassing will be continued
in Denver and rallies will be held at
Rocky Ford, Florence, Canon City,
Grand Junction, Trinidad, Durango,
Juiesburg. Greeley, Colorado Springer
Colorado City, Cripple Greek and other
points.
The friends of the university claim
that 1t is now in a condition to make
an exceptionally good use Of money.
Having grown and fourished SO re-
markably during hard times and while
burdened 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
go to the making of intelligent and use
full men and women. y
Its departments include the liberal
arts, theology, music. law. medicine
and dentistry. Last year. in all these
combined schools. 1t had 1.167 students
and 133 professors. For the next year
the figures are set for 172 professors
and 1.40O students are expected. Nine
ty-seven degrees were conferred at the
commencement last June. bringing the
number up to S77 since the university
was started. constituting a host of low
ing friends and beneficiaries.