The daily morning journal and courier., 1904-11-18
AGAIN CONSIDER CASE OF MARQUISG MONSTERS
CATHOLIC UNIVERSITY TRUs-
 TEES TAKE NO ACTION

Adjourn Until After Easter-Announce-
 ment That Work of University is to
 be Carried on With Increased vigor
 -wiI Lose Part of ss7e,OOO on Ac-
 count of waggaman Failure-Profers
 of Assistance from Many Catholics.
 Washington. Nov. 1.-The board of trustees of the Catholic university. which has been meeting here for two days, adjourned to-day until the sec ond Wednesday after Easter Four ses- sions were held, and the principal topic of discussion was the finances of tho institution. There was also informal consideration of the letter of MarQrise de Monstiers-M Merinville, founder of the university, in which she made public her renunciation of the Catholic reIig- ion At the conclusion of the last ses~ sion, it was announced that notWith- standing the Waggaman failure. by which the university will lose at least part of the $S76,OOO which had been in- vested through him, the work of the institution would go on with greater vigor than eyer before. It is positively stated that no action was taken by the trustees regarding the Marquise de Monsters letters. Neither that nor the Waggaman failure, 1t is said, would stop plans for the upbuilding of the university and it was intimated that proffers of financial assistance from Catholics throughout the country had been made. For the present, the finan- ces of the institution will be managed by the committee appointed last year.
 Tonight Rector O1Connell issued 8 preliminary statement regarding the affairs of the university, resolution having been adopted by the trustees to that effect. A more formal one will be issued in the near futre to the Catholic public. The preliminary statement is as follows:
 The board of trustees takes this oc- casion to thank all those who contrib- uted so generously in the past year for the support of the university and there's by exhibited their desire to correspond to the wishes of the people. The col- lections last year amounted to over $IO5, GOO. Out of this amount and other contributions the university was abls to pay off it's floating debt, which amounted to $68,74S, and to pay curs rent expenses as well as to invest $50, 00O. In addition to this $50,00O were contributed by the Knights of Colum- bus to found the chair of American his- tory. This $100,00O was placed for in vestment in the hands of the finance committee which is composed of gen. tlenlen who enjoy the highest reputas ton for integrity and business ability No money was placed in the hands oi MT. Waggaman since April, 1903, and therefore no part of this $10,000 is in< volved in the bankruptcy proceedings brought against him. The trustees cons sidered this failure and approved thu course taken by the counsel for ths university In looking after it's interests We ask for the generous cooperation l of all people of the country who ara interested in the welfare of the univer~ sity to do everything in their power tc assist in building it up
 'The annual collection for the univers sity is set for the first Sunday in ads vent, which this year will be Novern Der 27.
 Provision was made by the board te secure the financial solidtty of the unis versity and plans were agreed upon td enlarge it's scope, with particular ref erence to the undergraduate course which was inaugurated this year, and this work will be pushed more vigor- ously than before"
 From an authoritative quarter twas said that the forthcoming statement, ot which the above is but q synopsis, will make no reference to the Marquise de Monsters Merinville.