New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-11-15
THE NEEDS OF V4SSAR.
Offer of John ID. Rockefeller Slim
uIateS Efforts for Endo7cment.

UdULCS I'll OICS IOT LfUOICWBHI.
Vassar College has begun a campaign to raise
100000 for educational endowment in order to
secure a Ike sum conditionally offered by John
D. Rockefeller The growth OF the college has
made its present funds entirely inadequate to
the demands upon them. and there is great need
Of the additional endowment. In explanation of
the present situation Of the college the New
York trustees have issued the following state
rnelt:
Tassar College appeals for an endowment for its
educational work 1t needs s1.OoeOOo to carry out
its plans. 1t appeals to New-York- 1t is a near
neighbor. ii has had a strong and worthy career,
il answers every demand for broad. liberal edu-
cation Its standards high the highest
within the range Of college education, which il
confines itself. II aims to make its work stronger
10 put il permanent foundations and it asks the
help at this juncture, OF those who appreciate the
worth Of a work for the education Of young women
AS an encouragement TO immediate effort, John
y. Rockefeller has promised TO contribute dollar
for dollar up TO $4,000 for all that the college may
raise before June. 1904 His contribution is re-
stricted 10 general educational endowment Up to
this time there has been pledged. mostly through
the efforts Of the alumnae. about $4,000 The alum
ne q woman's college are not likely to number
many who control large funds. and they are not IN
business and increasing their apital The college
must appeal 10 those who able to give largely
Before June next we must raise $4,000 the
We ask for the endowment OF professurships By
gift Of $4,000 individual may thus perpetuate
his or her name truly and usefuTy as in
building. for the catalogue always announces the
chair by the name OF the donor. Art. economics,
philosophy. history. Biblical literature, Greek Ger
man. English, music, chemistry. mathematics, are
seeking such permanent foundations, and there are
chairs to be founded.
To those unable 10 give largely the possibility
Of furnishing permanent memorial is open by the
establishment OF funds for the use Of the library
for the purchase OF apparatus for a labo-
ratory.
The college has not sufficient means to meet the
Increasing demands upon IL. II has erected many
buildings in ten years ard even now large chapel
and great library are being erected Il needs more
residence halls care for the large numbers that
are Obliged 20 live OF the campus a ireproof
museum. laboratory OF chemistry. a building FOR
art. building for music-but the present effort is
to secure a fund that shall be kept a perpetual
endowment FOR educational work. It's fees from
tuition do not meet the salaries for instruction,
and the other needs OF the college consume ali
the available income.
The following figures show the force OF this
statement:
S 5Es-sa " were S5' ss ' n6 5sa'3 s Ses
iaosl amounts ..---........'... 40 SIC 90
under ne terms -9 o. t-, ne tgEds s,-5
% the income the college for
educational purposes. but q mis-
sicnary Offering 20 students In
Re1airs and innproverents.......... STA 81
Gacome OF fund for this pur-
suBPie73sa,ary appropriations tor .e.
se.s7e IS
Balance Of income applicable to all eduoa-
.L.--. E.ahIs go. o7l- account r. salaries
9f 1rofesso7s ana teachers 70 amount To-. 7ss "a
p r-ssss Is gI6 Per cent? .....--...-- 1871 IS
leaving 70 be provided by other neans-.. ss4937 SO
The assumption that vassar is well endowed is
entirely unfouuded. In 1851 Matthew Vassar
founded it with half his fortune. and al his death
ps,e IL the other half. The whole sum. almost IN
,aralleled in his day amounted TO $4,000. Since
-ps5 when the college opened. it has added to
buildings and grounds over 100000. and 10 general
e-sou-rsnts over $4,000. But, meanwhile, its
st,serts have increased go. its faculty to up
v,srd Of eighty-and since 1856 the salary account
sr the educational department has advanced from
$40 sz5 to 800 7S5 in ls05o4.
These statements and figures make amply clear
she need that the college has OF large endowments
10 sustain its present work and TO enable it to
meet the demands OF progress This offer OF MI
Rockefellers presents the opportunity that snould
auueal 10 the friends Of the college.
EDWARD LATHROP.
II DEANE.
JOACHIM ELMENDOfF,
DUNCAN D PARMLhs
:. RICKMORE
$ n CoYKENDALL
J. " nKTGE.
HENRY u. SANDERS
CHAS " PRATT,
W. =. 4. RHoADHS.
GDO. = DIMOCK-