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October 07, 1914 - Image 4

Resource type:
Text
Publication:
The Michigan Daily, 1914-10-07

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE MICHIGAN DAILY.

L|UL
INCOME

ne Institution Stands Below
Four State Universities
in Amount of
Finances
o LEADS ALL WITH BIG
S FROM J. D. ROCKEFELLER
ent Here Represents Funds
ough to Buy 309,503,260
Loaves of Bread
g all the state universities in!

contributes a fair share toward the
annual expenses of the eastern school.
The University of Wisconsin takes the
next place 'with a yearly income of
$1,854,910, partly derived from a small
trust fund' which is supplemented by
an income from, the state legislature.
The sixth place in the list falls to
the University of Minnesota with an
annual income of $1,806,800, a minor
portion of this being derived from pro-
ductive funds amounting to $1,446,738.
Below Minnesota stands the University
of Pennsylvania with a yearly income
of $1,702,809. Its trust fund, amount-
ing to $6,474,160 is the largest produc-
tive fund enjoyed by any state univer-
sity in the country. Yale holds eighth
with an income of $1,508, 923, which is
derived wholly from trust fund sourc-

y, the University of Mich- es.

ranks fifth in the yearly income
h it enjoys.. There are in addi-
our other institutions of learning
i are more or less "endowed uni-
ies," whose incomes are greater
> aggregate than that of Michigan.
e final analysis of the incomes of
e higher institutions of learning
ghout the country, Michigan
s ninth.
D University of Chicago, which is
rted mainly through the endow-
s of John D. Rockefeller and the
Marshall Field of Chicago, enjoys
a.rgest income of any collegiate
ution in the United States. Dur-
lie year .1911-1912, her total in-
amounted to $2,750,361, this sum
mainly derived from funds
e investment totals $17,226,573.
ard holds second place in the list
an endowment fund of $25.756,216
yearly income of 2,487,470.
:t in line, and at the head of all
universities, stands the Univer-
I Illinois, whose annual income'
nts to $2,305,211. This is gained
y from state appropriations, al-
h it enjoys the benefits from a
trust fund amounting to $647,341.
nell University, which receives
tion of its income from endow-
funds, ,and a portion from the
of New York, stands fourth in
st. The Ithaca institution has,
s to an income which amounts
207,543, the greater part of this
derived from state appropria-
although the interest on a pro-
e fund amounting to $9,523,505

The University of Michigan stands
ninth in the list. The Wolverine in-,
stitution has an annual income of
$1,406,833 exclusive of benefactions
which are a source of much additional
revehue. Its trust fund amounts to
about $900,000, which formerly con-,
sisted of lands in Northern Michigan.
These lands have been sold and the
proceeds used, but the state still pays
to the university a yearly interest on
this sum.
The annual income of the University
of Michigan, capitalized at five per
cent, represents. an investment of $28,-
136,660, a sum sufficient to purchase all
of the wheat and corn raised in the
state of New York in the year 1900, or
309,503,260 large loaves of bread at
the prevailing price of wheat,
Following Michigan in numerical or-
der come the University of the City of
New York with an income of $1,258,-
291; Ohio State University with an an-
nual income of $1,209,958, and Colum-
bia, which has the distinction of enjoy-
ing the interest from the largest pro-
ductive funds of any institution of
learning in the United States. Johns
Hopkins has an annual income of
$755,826, and is followed by Dartmouth
with an income which totals $419, 824,
this sum coming almost entirely from
state appropriations.
Initial Gargoyle To Appear Saturday
Gargoyle will make its first appear-
ance on Saturday, October 17, the day
of the M. A. C. game. It will be a
larger paper than that of last year,
approximating 32 pages,

WILL COMMENCE INTERCLASS
FOOTBALL IN NEAR FUTU
Director Rowe Has Chosen October
as Day For First Game
of Series
Interclass football will soon t
its place among campus activit
While no official work has been d
with the class warriors, Intramu
Director Rowe will begin work as s
as the first cut on the freshman sq
is made. J. S. Crawford, '15L, v
has been exgaged to give his entire
tention to the development of cl
teams, hopes to be able to get to w
at the beginning of next week. WI
he has made no definite plans for
work, he intends to give an equal p
tion of his time to each team, and v
probably arrange a schedule of pr
'tice for each eleven.
No schedule of games has been
ranged by Director Rowe, but Octo
19 has been chosen as the date for1
first battle. All managers of cl
football teams are requested to
Director Rowe any day at his office
the athletic association building fr
8:00 to 12:00 o'clock in the morn
and 1:00 to.3:00 o'clock in the aft
noon.
Chinese Club Will Hold Meeti,
Regular meetings of the Chin
Students' club will be held at McN
-lan hall the first Saturday of evi
month, according to plans decidedi
on at the meeting of the club Sund
Additional informal meetings will
held in between, at which Chin
problems will be discussed, and p
grams of literary and musical numb
will be arranged. These will be op
to friends of the Chinese students.
Architectural Drawings Due by Oct
The Architectural society, which r
offered three prizes for drawings ma
during the past summer, requires ti
all such drawings be in the hands
J. B. Jewell, chairman of the comm
tee by Friday, October 9. Each c
testant must offer five sketches
competition, which are chosen fr
outdoor subjects of either landsca
or architectural trend. The drawin
will be placed on exhibition after t
prize winners ari announced.

IRE
r 19
ake
ies.
one
1ral
oon
uad
who
at-
ass
ork
hile
his
or-
will
ac-
ar-
ber
the
ass
see
in
om
ing
er-
ngs
ese
Hil-
ery
up-
ay.
be
ese
ro-
ers
en
L. 9
has
ade
hat
of
it-
on-
for
om
ape
ngs
the
Ci
I

All

in Soft Water

Our Plant is all new
and up-to-date.
We darn your socks,
sew on buttons, and
do all reasonable
mending free.
Our 'Laundry is strictly
sanitary
Come and inspect
our plant
(iT L( YE
pA~UN~-

Goods

Washed

Corner Liberty St. & Fifth Ave.

Phones 2076 and 2077

llnuin tu

A u01r

*11u~r

.,

MRS. M. M. ROOT

1-OSCONFEREN CE
TO BE 6IEN HERE
vic Association Will Handle Question
Question of Housing
Delegates

DR. RUTHVEN RELATES UNIQUE
BRITISH GUIANA EXPERIENCE

Attack of Fever -and Difficulty
Securing Guides Hinders
Expedition

In

.. o ~_,,,,.,.,,
a ws
'

Corner Maynard and William Streets

'0-
~I~r

ORE THAN 2,000 TO

ATTEND

+M l'rPtI v +5
)\p

'-C i:

Do You Know "The Yellow and Blue"

Every Student should own
the Michigan Songs

i
i
r

Plans are already under way for the
accommodation and entertainment of
the delegates to the 12th annual Boy's
Conference, which will be held in Ann
Arbor November 27, 28, 29. Approx-
imately 2,000 delegates from 185 cities
and towns in the state of Michigan will
be in attendance, and elaborate ar-
rangements are being made by the lo-
cal committee to receive them.
The work of the conference will be
handled entirely by local high school
boys under the supervision of a con-
tolling committee of business men,
acting as advisors. This committee
has met and completed preliminary
arrangements, and Principal W. M.
Aiken of the high school is organizing
the boys' committees.
The Civic association will handle
the housing proposition, as during the
state teachers convention last year,
and anticipates no trouble in securing
suitable accommodations for those in
attendance.
The meetings of the conference will
probably be held in Hill auditorium
and an effort will be made to secure
several prominent speakers to address
the delegates.
CAMPUS SITE BEAUTIFIED BY
SUMMER WORK OF BASSETT, '13
During the past summer about a
thousand shrubs were planted under
the direction of Ray E. Bassett, '13,
superintendent of parks in Ann Arbor,
on the south half of the State street
side of the campus, in accordance with+
plans worked out by Prof. Aubrey
Tealdi, of the landscape department.
The arborvitae at Hill auditorium
were replaced, and shrubs were plant-
ed on the store house grounds. About
1,000 trees of the university, within9
the city limits, were trimmed, com-
pleting the work started two years ago.

Dr. A. G. Ruthven, professor of zool-
ogy and curator of the museum, who
recently returned from a university
expedition on the Demerara river, in
British Guiana, reports an experience
that equals that of the European ref-
ugees among the Michigan professors.
Professor TRuthven and Richard
Gaige left Ann Arbor last June, and
encamped about 30 miles from the
coast, on the Demerara river. Profes-
sor Ruthven was confined to his ham-
mock for some time by fever, and ex-
perienced considerable difficulty in se-
curing reliable guides and help. The
country was very hard to work, being
low jungle land.
Despite the drawback of sickness,
climate, and loss of servants, the ex-
pedition secured a collection of great
value to -research workers here in the
university.
PLANS FOR BANJO CLUB FAIL
But Two Men Reported to Join New
Musical Organization
Lack of material has caused the fail-
ure of the proposition to establish a
university banjo club this year. Only
one or two men reported Monday night
for the new organization, and subse-
quently the management of the com-
bined clubs decided not to make the
attempt to start one.
The first rehearsals of the Glee and
Mandolin clubs were held last night.
The leaders of both organizations said
that for an initial practice, the work
was excellent. Not enough men, who
played on the Mandolin club last year,
responded to the first practice.
Rehearsals of both clubs will be held
at 7:00 o'clock Thursday night. The
Glee club will report in the Adelphi
rooms in University hall, and the Man-
dolin club in room 201 Mason hall.
Receive But 40 Medical Periodicals
Only 40 medical periodicals are be-
ing received by the library from for-
eign countries. Most of these are
from Great Britain and France.,

"FROM A COLLEGE WINDOW"
By Arthur C. Benson; 828 B474 f.
Essays are not much read .nowa-
days, and essays about sombre, medi-
tative matters are not in vogue among
writers or readers. Perhaps this ex-
plains in part why "From a College
Window" is not widely known. It
does not explain, however, why the
book is so familiarly regarded by
those who do know it.
Benson is mildly speculative, and
the very conservatism of his imagina-
tion, neatly phrased before us, is at-
tractive. His is a comfortable though
considerate sort of philosophy, which
believes in looking thoroughly at the
bright sides of the subject at hand,
with honest intimations that the ques-
tion has another phase. It belongs to
snug fire-sides, smoking jackets and
the pursuit of well-ordered happiness.
It refrains religiously from stimula-
ting the reader; rather does it seek
only to assure him that, despite many
fallings by the way, the world is al-
most certain to go along steadily to-
ward some vague but desirable goal.
"From a College Window" is inter-
esting in its glimpses of the life in
English universities. It is colored
from the instructor's view-point, of
course, but its contrasts with Ameri-
can conditions are good reading for
the undergraduate on this side of the
Atlantic. We are removed to a land
of secluded and peaceful reflection.
We remain there, lapsing mentally
amidst mouldy surroundings, until the
last page. All through, the reader is
reminded of the kindly essay style of
Stevenson.
Petition for Sunday "Movies" Refused
Movie shows on Sunday in Ann Ar-
bor have been tabooed by the city
council. A petition from the operators.
asking permission to try the matter
out for 60 days, was laid on the table,
on the grounds that there was no use
encouraging any opposition to the
churches, as the matter was covered
sufficiently by state law.

A complete stock can
be found at the
University Music House

VICTOR VICTROLAS & RECORDS

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