Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-03-29
EDUCATION FUND

The endowment in the hands of the
trustees at that time amounted to ap-
proximately $14.000.0 00,and the income
Tor the year amounted to $G76,4S6, of
which $G34,497 was expended. From its
first pension payment in June, 1906, to
the end Of the fiscal year September 30,
1912. the foundation has distributed So,
077,S14 i'm retiring allowances to pro
fessors and S23S,590 in widows pensions
total Of $2,316,404. In all 429 retir-
ing allowances and 90 widows pensions
nave been granted, Of which 9S have ter
piration Of temporary grants, leaving
80 retiring allowances and So widows
pensions in force at the end Of the year.
The report Of the president like the
former reports, is divided into two parts
the first referring to the current bus
mess Of the year and dealing with ques-
tons more directly pertaining to the adj
ministration of the foundation: the sec
ond part being devoted to current edu-
catiOnal problems Of a larger and more
general nature.
The first part of the report includes a
careful statement of the whole question
Of pensions for teachers, for government
employees. and for Industrial employees.
This statement contains the results OF
the examination Of practically all Of
the pension systems now in operation
anywhere, and leads finally to a discus
sion Of a feasible pension system for the
public school teachers of Il state.
President Pritchett, in arguing finally
70 some form of contributOry pension sys
TEN for public school teachers. points
out clearly the difficulties of the c0ntri-
butOry pension system the necessity
for the most careful actual advice.
and the public nature of the qustiOns
which are involved in a distribution
of the cost of such a pension system
between the state and the teacher.
Following the discussion of these pen.
>ionS. a complete history of the methods
hy which the Carnegie foundation pen
Sions were arrived at is given; the pro
cess through which the trustees worked
is told in the frankPSt manner: the diff
ticultie6 which they encountered and
the differences which arose out of the
fact that the pensions Of the Carnegie
foundation are not contributorT but
have come as the result Of a free gift,
are made clear. The literature on pen
SiOns now 1T the disposal of the fOunda-
ton is probably the most complete in the
statement of such problems that has
ever been brought together, and the
discussion made here cannot fail to be
Of value to a college, 4 state, or an indus
trial association which is tudying the
pension problem; and the pension prob
lie mtoday is one Of the insistent prob
lefS Of the modern social progress.
The second part of the report is devOt-
ed to such subjects as the matter Of col
lc9e entrance requirements, admission to
advanced standing. a statement of med
ical progress, university and college fl
nancial reporting, advertising as a fac
tor in education. education and poll
tics, and finally sham universities.
The section devoted to education and
politics discusses not only the recent re-
markable changes in the University of
Oklahoma the University of Kentucky
and the University of Montana. but also
deals with two other tendencies in politi-
cal life which are profoundly affecting
education: first. with the rivalry which
comes from competing state institu
tons, and secondly with the practice
lnaugurated almost wholly within the
last ten years in states where there are
no state universities. Of substituting in
situations that are under private con
trol. In q number of states this progress
has gone on until it has enormously in
creased the number Of privately con
trOlied institutions which share i'm state
appropriations. SO marked has this ten
dency become that the question Of state
Appropriation to education without stat
control is one which ought now to be
frankly and Squarely met.
Under sham universities the rcport
deals with conditions such as hold, for
cXafplc. in the District Of Columbia.
why're commercial enterprises without
endowment or facilities are chartered as
educational institutions under the ZOOS
est conditions, which enable them to
appeal to the crcdulity Of ignorant stu
dents throughout this and other coun-
tries under h~igh-sOunding names and IN
der the shelter Of charters granted bv
ne general government. A bill now before
ongreSS aims to correct this situation.
II any one is troubled with doubts