The Birmingham age-herald., 1914-07-26

1907 and is 8 per cent interest on $253, 300 arising from the sale of the script for the land donated in trust to Alabama on act of Congress July 2, 1862, and for the pay ment of which the faith and credit of the state are forever pledged
 This act of Congress of July 2. 1862 was approved by Abraham Lincoln, Presi- dent, for the establishment of agricultural and mechanical colleges in all of the states.
 "The Merrill fund is a national appro- priation by the federal government
 Under the provisions of thiy appro- priation, S50,O00 is paid into the state ernment and is divided according to pop 'ation between the Alabama Polytechnic institute and the Huntsville Colored Nor nal school.
 ''The Alabama Polytechnic institute re- ceived S27,500 of the s50,000 Morrill, fund and tie Huntsville Normal school $22, 800.
 'The state fund is s4O,000 appropriated by the state to the institute annually by ar act approved March 4 1907.
 This appropriation is in lieu of the fertilizer tag tax. "The institute loses some of it's revenue by this, as it received one-third of the tag tax, which now amounts to over s15O,OO0 annually. 'rhe college fund is derived from the oil tax, tuition, incidental and surgeon fees, and various miscellaneous sources.
 This fund, in 1913-1914, was S53,767.71.
 ''The horticultural fund is an appropria- tion by the state. Under an act approved February g., 1911, $27,0O0 is appropriated annually for practical information on agricultural sub | jects, at the experiment station of the l Alabama Polytechnic institute. While this fund is disbursed by its treasurer, the institute itself receives no benefit from the experimental fund "I examined this fund from July l, | 1912 to June 30, 19ii ] Proper vouchers are on file for all re- | ceipts and disbursements. | Tn addition the institute receives s15, ,000 1 from the Hatch fund, and $15,000 from the l Adams fund.
 "These funds are paid direct to the Iinstitute by the national treasury, and | their disbursements are examined by a national inspector. Tt will thus be seen that large part of the revenue of the institute is derived from the national government.
 For the s40,000 appropriated to the in- | stitute by the state, the institute has to analyze all fertilizers, feedstuffs for ani- mals. pure food and drugs sold in Ala bama.
 For this purpose 10 professors of chem istry are employed, and a large part of | this appropriation is expended for sal aries and expenses. "All money not so expended must be applied to teaching agriculture and me- chanics.
 Since 1907 the institute analyses all il- 1 Illuminating oils sold in the state. | From these analyses the following amounts were collected during the period covered by this examination: | 1911-19i2 .................,.-. Al,2l9.4 1912-l913 ...................... 46,44 | All |
 Total ..,............. s1341 135.2
 "The Institute receives one-fourth and l the state three-fourths of the money de 1 rived from these analyses and the money was divided as follows: State ......................... $97335.s1
 Institute ..................-.. Sz 44o.zI EXpense ........ .............. 4,oos.io
 Total .s134 135.21
 ''The value of the lands and buildings
 of the institute is $5eN.000. and the build inss are insured for $300,0o0
 ''The year 19l3-19l4 was the most pros porous and successful In the history oi the institute.
 ..The enrolment was s2o, 1s states, Mex.
 leo. Peru, Cuba, Guatemala and China be- ing represented
 ''The Alabama Polytechnic institute is an institution that should be the pride of every Alabamian
 .The education received there in agri. II culture and the mechanical arts are of in. ! calcufable benefit and value in the devel op,nent and advancement of our state
 ''It is to be hoped that as soon as ths financial condition of the state will per
 init, that the state and national appro priations for the institute will amount tt
 s250 00o annually. It will be money wisel,
 and judiciously expended"