The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1907-10-12
TUSKEGEE
ANNUAL REPORT OF PRINCIPAL
3. T. WASHINGTON.
What the Graduates Are Doing-The
Demand for Tuskegee Trained Men
and Women-Financial Condition
Other Interesting Points.

| Principal Booker T. Washington, of
Tuskegee Institute, has submitted his
annual report to the trustees of that
institution.
I The Demand for Tuskegee.
In speaking of the demand for Tus-
kegee Principal Washington states
that The constant and urgent demands
that reach the institution from all sec
tions OF the country for men and
women trained at the Tuskegee In
stitute is proof of the value placed
on the work, by the general public,
The outstanding obligations, he
stated i'm his last annual report,
amounted to $67,O7247. At the pres
en-. time such outside obligations
amount to $63,851.O7, or a reduction
of $3,222.4O in this Indebtedness.
These obligations, however, I would
state, as did last year, are more than
covered by much needed improve
ments for which there, were no special
funds, or by stock in trade repre-
sented largely by building material,
which has nc. as yet been worked
into buildings now in process of cree
ton. Over and against this outstand-
ing obligation of $63,S51.07 we have
owing the institution in cash $1A5O3.41,
stock in trade $79,S3449, and cash in
81, 22293, or a total of $96,55983
against this Indebtedness of $63 1851 OF.
have not included under the head
CT our obligations the amount we bor-
rowed from our Endowment Fund and
! used in preparing five years insur-
; ance.
A budget, copies of which have al
ready been placed in your hands, COW
ering the estimated cost of each de-
partment for the coming year, has
been prepared by what we term our
Finance Committee, of which the
Treasurer, Mr.. Warren Logan, is chair
man, is submitted for such action as
you may deem wise. 1t calls for an
expenditure to cover all our depart
ments, of $197,743.34 To meet this
expenditure we have a income from
stated sources, including the State OF
Alabama, the General Education Board
(not. promised for next year,, En-
trance Fees from our Students, the
John r. Slater Fund, the Peabody
Fund, and the Endowment Fund,
amounting to $S3,94237, leaving s113,-
S0O.97, to be secured from the pubic
during the coming year.
II we can live within the appro-
priations of the budget, prepared for
| next years expense, it will mean re-
duction of $2S,7707S in the expenses
OF the school, as compared with the
present year.
| The department. which at present is
the most costly and causes the great.
est drain upon the finances of the
school is that devoted to agricultural
training. This is true largely because
Of recene change in the location OF
the main farming tract of and, and
because much land which had been
enriched, and which made a consider
! able return, had recently to be taken
Tor building purposes Just now | am
giving more of my personal attention
to the farm than to any other de-
parlment of the school, and should
like to continue certain plans which
| have pretty thoroughly worked out
for improving the farm through a ser
les of three years. I believe gratifying
results will follow the carrying out OF
| these plans, which in brief, contem
plate the sale of certain tracts of our
present lands not closely connected
with the institution, and the purchase
! OF several tracts nearer, thereby, en-.
abling us to better round out and con.
troll our farming operations. These
plans also contemplate the moving and
remodeling of number of our farm
| buildings, and the continued improve.
ment of the land We are already re
ceiving considerable revenue from the
sale of diary and truck garden prod
! ucts to the, outside public.
Recent Gifts. II
The largest single gift that has come
tous during the year is thai of $751;
O72, left as a bequest by the late Mr..
Albert Wilcox, of New York city.
He speaks of the Baldwin fund of
$15O,OOO, in memory of the late vii.
liam H. Baldwin, Jr.,. which was
turned over to the Endowment Fund,
and $4,000 gift from Alexander
Moss.
He commends The "Tuskegee Negro