The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-05-31

may be deducted az not directly con.
nected with Columbia. or. az Dean Ken,
pei puts IT, is made up from rogistra.
ton In institutions which have sine,
1889 Joined the university syniarn with
out losing their own Independence ana
identity" Doubtless these nstltutlon,
have added strength to the institution
with which they are yet not fully In.
corporated. But. even deducting theIr
membership the growth of Column I,
within the quarter OF century ha,
been remarkable and cannot a., r,.-,
as otherwise than q testimons, -
popular confidence in the wisdom
with which the university has been
conducted. The great wealth of Column.
bia Is similar testimonial. Dean K,n.
pei analyses Il with interesting "a.
suits. There has already been cited thu
statement that for century and a hal,
II has received no pecunlary aid from
any religious body. But also nothing
whatever has come TO II from the gen.
eral government through the Morrill,
Grant or otherwise, and for neariv a
century nothing from the Gtate of New
York. Neither Ia II conspicuously l.-
holden TO the philanthropic plutocrats
"Of the two great national patron saints
OF learning to-day st. Andrew has not
yet Identified himself with Columbia.
and the direct gifts of st. John. although
useful and welcome, bear but a small
proportion either to his general iargevs
or TO the resources OF the institution"
The wealth of Columbia is an index of
the wealth of the city in which she ia
established and with the growth Of
which and faster than tho growth OF
which has been the Increase in her ca
pacities Of usefulness, II not faster also
in the assessed valuation" OF her hold.
ings.
The present assets Of the four IN.
situations incorporated into the scheme
OF the university. including the land
occupied for educational purposes at
its assessed valuation. Is s54 1000, 900. At
the time OF President Lows entrance
upon office It was $4,000 900; at tho.
time OF President Buffers 1t was sex
100000. OF the total Columbia Uni
versity holds 100000 In property in
use and s31 100000 in net investments,
Barnard 100000 and 81 100000 under
the same respective heads, Teachers
College S2,500,000 and s., 400. 900 and the
toh'bc VI sopVsVNus lH0
original grant OF land from Trinity
Church, with a small additional grant
from the city. now yields an annual
income Of $4,000. The site of the
"Hosack Botanical Garden" west OF
Fifth avenue between Forty-seventh
and Fifty-first streets. brings in sj7s,-
600. The individual gifts and requests
amount 10 s26.000,0 900. and perhaps the
most significant and remarkable show
ing OF all Is that OF this sum only $780,
900 had been received by the university
before 1890. OF the gifts received since
the beginning OF President Lows nd
ministration over $4,000, 900 has been
devoted to grounds and buildings and
over SS.000.000 to endowments About
s6.600,000 of the individual gifts came
from persons having a special interest
In Columbia as alumni or trustees, while
over $4,000, 900, was contributed by per-
sons having no such interest. II IL
probably safe to say, though Dean Rep.
pei does not say It, that all the money
thus bestowed was made by New York
ers. and the greater part OF II I'm New
York.
The showing Of the interest Nov
York has come to take In it's great
university Is very impressive TO tho
layman. perhaps the most impressive
showing made In this volume. or tho
detail of administration and instruction
there is n complete account, but this IL
OF more technical interest, while ths
evidence OF the hold that Columbia
University has obtained upon the peo.
pie OF the city OF New York is appre.
hensible to everybody.