The Elbert County tribune., 1902-07-17
DENVER UNIVERSITY
osyEcr OF 4 sTArs MOVEMENT.


Money VIII Be Raised to Free u from
Debt-Eieven Great Meetings Ar
ranged for In the state-Wonder-
ful Growth and Usefulness Under
Adverse onditions-coIorado 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
1t that her religious. charitable and ed
ucational Institutions share ms they
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-
vantage of the flood tide to clear them
from debt and add 10 their endowments.
In this they nre departing from the
timc-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 plnns
of the trustees and chancellor Of the
University OF Denver TO free II. once
for all. of the incubus OF Its present In
debtcdness OF $1J0.OOO. which Is not
only sapping Its strength by interest
charges. but retardng Its progress by
frightening generous people who would
otherwise aid 1t by gifts and endow-
mcnts.
At commencement season in June the
nniversity's debt amounted TO Sf50,OOo
toward the payment OF which 10000
had been pledged upon the condition
tnat the full amount should be raised.
Up 10 yesterday upwards of 5000
more had been subscribed, reducing the
required sum TO less thar $4,000. As
against this small and fast-yanishing
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 $1,000; In Fort Collins 81 800.
In Leadvillc $1,000 and in Trinidad
three men have subscribed $500. Yes
terday In Denver special services We're
held in Trinity and Grace NJ. ID.
churches and amounts subscribed ng-
gregnting about $1,000.
The amount still needed to clear the
university OF all debt is approximately
$4,000.
Active canvassing viii he 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 condition to make
an exceptionally good use Of money.
Having grown and flourished so re-
markably during hard times and while
bufdened with debt. the trustees and
faculty have thoroughly learned the
lesson of economy and no cent that is
given II IL likely to be wasted. All will
go to the making of intelligent and use
ful men and women.
Its departments include the liberal
arts, theology. music, law. medicine
and dentistry. Last year. In all these
combined schools. 1t had 1.16I students
and 1873 professors. For the next year
the figures are set for 172 professors
and 1,4O0 students are expected. Nine
ty-seven degrees We're conferred Mt the
commencement last June. bringing the
number up to S77 since the university
was started, constituting host of low
ing friends and beneliciaries.