F
Til
Ml
CITY
G
A
i 1 1
ESTABLISHED FOR THE DISSEMINATION OF DEMOCRATIC PRINCIPLES, AND TO EARN AN HONEST LIVING BY THE SWEAT OF OUR BROW
' rfr--'
$2.50 per year IN AO VANCE:.'
WHOLE NO. 522.
EUGENE CITY, OR., SATURDAY, NOVEMBER 3, 1877.
IU tt(jttt (titjj (Suari
t. . ALBXAKDEB, W. H. ALEXANDER.
ALEXANDER BROS.,
publishers and Proprietors.
OFFICE In Underwood'i Brick Building,
. over Crains Jewelry Store.
OUEOSU
a TBJ9 OF ADVERTISING.
alTtlsenents inserted follow. :
in nun. It line, or less, one intertion 5i etch
mhjeque-.t iasertion IL Cash required In advance
Time advertir. will bs charge at the following
-..sonars tires months j
sixssoaths
. - one year " "
Tnuient aotiees in local oolama, M oenU per Une
r each ineertson.
AAvertiein- bill, will be rendered quarterly.
Alliobwor nut be f aip ro o pixivkbt.
POSTOFFICE.
Omee Hours-From 7 a. m. to 7 p. .
Sundays
Mail arrives trim the south aaJ leaves going north
1 a. m. Arrives from the north an-l leave, going
rath at 1:U p. m. tot 8i-.ii.law. FranVlin and Long
V 7- o. WeuneaoaT. For Crawford.-
... r u n.wiilA it I P.M.
Letter, will be ready for Aeliverv "I"?"'
. f traioa. i Lettersahould be left t the office
h" PATTE1180N, P. M,
SOCIETIES,
iw... tnna No 11. A. F. and A. II.
Meet, trrt and third Welneaday. in each
month.
HrKftnt. Brrrra Lodoi No. 1. 0.
0. F. MoeU every Tueclay evening.
lEisJtV WlHSWHALA EllCAllPSIKXT I0. ,
meeU en the Id and t Wednesdays in each monm.
A. CARD,
To iii who are .uttering from the error and
indiseretarmi of youth, nervous weakness, 4c., I
will send a reeirie that will cure -you, FKEE
OF CHA.11GE. This great remedy was dis
covered by a missionary in South America.
Send a seTf addreitscd letrerothe But. Joseph
T. InJ.an, Station D, Bible House, New York.
WELSH
II Ad OPINED
DKNTAJC ROOMS
Permanently in the Underwood Brick, Eugene
City, and respectfully solicits a share of the
wuhlio patronage. Kefers by permission to J.
it. Cardwell, Portland.
A. TV. PATTERSON ,
THYSICIAN AND SURGEON,
Mice Nlntsi Street, opposite the St.
Charles HsCel, an at' KesUeace,
KJGKNB CITY 6KKGON.
Dr J. C. Shields
OFFERS HIS PROFESSIONAL SER
vices to the citizens of Eugene City and
announcing country. Special attention given
teall OBSTETRICAL CASES and UlER
INE DISEASES entrusted to his care.
Office at the St. Charles Hotel.
DR. JOSEPH P GILL
CAN BE FOUND AT HIS OFFICE or res
idence when not professionally engaged.
Office at the
POST OFFICE DRUG STORE.
Residence on Eighth street, opposite Presby
terian Church.
Chas. M. Horn.
PRACTICAL G m'SMITJI.
ri? i t vt? TV C.TTN'S. RIFLES,
and materials.' . Repairing done in
the neatest style and W arranted.
. Sewing Xf&fchiues, Safes, Locks,
tc reiiaired.
Guns loahed and ammunition furnished.
hop on Ninth street, opposite Star Bakery.
Geo. b. dorr'is,
ITT0R&! ANB COCKSELLOR AT LAW,
Office on Willamette street, Eugene City.
Purchasing Agent,
B.
LAKE
SAN FIfANCISCO,
CAL,
JEWELRY ESTABLIS1IKXT.
J. S. LUC KEY,
rv i srn TW
Cricks, Watcnes, Chains, Jewelry, etc
Hi-pairing Promptly Executed.
ETAllWark Warranted. j!
J.S. LUCKKV,
Ellsworth k Co. brick, Willamette Street.
M and Stationery Store.
rwvjnv ni'TT T)IV(J. EUGENE
H Citw- I have on hand and am constantly
OPPOSITION
IS THE
LIFE OF TRADE!
SLOAH BROTHERS
T-rrTI.I. DO WORK CHEAPER thaa any other
IT abratowa.
irrmsES SHOD rOR 51 50,
; WrthBesaatsTiU,anraa. Besettiaf oli on
f Ceals.
All warraateel ! firm alUfaetU".
Shop on Elglth St., ppo8i Hum
plirey's Staoie.
J)R. JOHN HERRBOLD,
jrRCIClL M lEtniSICU DEMIST,
TJ A3 REMOVED TO RHSEBUEG. Or.
wice. to tie eitisenU of that plao. and viciiuty
DR. F
ST. NICHOLAS,
"Tit king of all puhliait.ont iunttl far the
young on tuliernde ol the Atlhntic. soulb
ainton (KncUn4) Obsnrver.
The third volume of this incomparable Hagaiine
(a now completed, With it 800 royal nrtavo page.,
and six hundred illustration., it. splendid serials,
it. shorter storie., poem., an t .ketrhea, etc., etc., in
its beautiful binding oi red and gold, it the most
aplendid gift book for boya and girl, ever issued from
the preu. Trice, 1 1 ; lu full gut, S3.
ST. NICHOLAS FOR I87T.
Which opens with November, ls;A, bevina a short
and very entertaining serial from the French, " 1'he
Kingdom of the Oreedy," A atory adaptol to the
Tlmnkiigiving Katon. Another aerial of absorbing
intereat to Doys,
' HIS OWN MASTER,"
BY J, T. TSOWllllIIKH,
author of the "Jack Haaard Htorie.," tn the Chriat
ma. Holiday Number. Beiide aerial .toriea,
Ctiriatmaa storie. .lively aketclie.,poem and picture,
for thehulidara, and aome aatoniahing illustration,
of Oriental aportii, with drawings by Siamese .rtista,
THE UHR18TMA8 HOLIDAY NUMBER OF
ST. NICHOLAS, auperbly illuatrated, contain, a
very interesting paper.
"THE BOYS OF MY CHILDHOOD,"
By WILLIAM CtlLLIN B4TAXT.
Da not Fail to Buy St. Nicholas for the
Christmas Holidays. Trice, 23 tents.
During the year there will be Interesting paper, for
boy., by Willam CuPen Bryant. John It. Whittier.
Thomas Hugbe., William Howitt, Dr. Holland,
O.onre MacDonald, 8anford B. Hunt, Frank R.
Stockton, and others.
There will h. storie., .ketch, and poems of aperial
interest to srirla,' by Harriet Prescott Kpfford, Su
san Cooliilge, Sarah Winter KTdlogg, Eliiabeth Stu
art Phelps, lxniita Aloutt, l.ucretiu P. Hale, Celia
Thaxter, Mary Mapes Dodge, and many others.
There will be also
"TWELVE SKY PICTURES,"
BY rnor. raorroB,
the Aatromer, with maps, showing "The Stars of
Each Month," will be likely to surpass in Interest
any aerie, in popular acienos reoentiy given to tue
public.
. ..............M . ... ....:r,. -,'".. ....
FCN A XL) FROLIC, and WIT A.SD WISDOM,
will lie minurle.1 as heretofore, and St. Nicholas will
continue to delight the young and give pleasure to
tbe oU.
OOOD NEW8 FOR BOYS AND GIRLS.
To meet the demand for a cheaper St. Nicholas
Gilt-Honk, the price of vole. land II has been re
duced to 19 each. The three volumes, in an elegant
library esse, are aold for III) (in full gilt, tlJI, ao
that all may give their children a complete set.
These volumes contain more attiaotive material than
fifty dollais' worth of ordinary children's books.
Hutiacription price, 3 a vear. The three bound vol
umes an I a sulmuriptioa for this year only SIX Sub
acrilie with the neaieat newadealer, or send money in
check, or P. O. Money outer, or in registered letter,
to Scsiunks t Co., 7iJ Broadway, N. Y.
ALFRED 1ILEU
Has taken possession of the
Llickey Livery Stable,
And will carry on a
GENERAL LIVERY BUSINESS.
Horses fed and boarded by the week or day.
HORSES A'1 BUCGIE& FOR HIR&-
ST. CHARLES HOTEL,
EUGENE' CITY, OREGON.
MRS. A. RENFREW, : Prop
Having again taken possession of the old and
well known .
ST. CHARLES HOTEL,
Which has been newly furnished and refitted,
is now open foe the reception of guests.
I have fifteen rooms in the
FIRE PROOF BRICK1 BUILDING
making 50 rooms in all. It is the most cornmo
dious and best appointed house in the State
south of Salt-in.
FREE COACH TO THE HOUSE.
A. IIKNFHEW.
B. H. JAMES.
MANUFACTURER OF
TO AXD SHEET IROX WARE,
Willamette Street,
Eugene City, - Oregosi.
Keeps constantly on hand a complete assort
ment of
Tin and Sheet-Iron Ware, Stoves,
Ranges, Pumpi, etc,
Repairing done promptly and in the best
manner.
Positively' Curcil.
All aaffTer. from thi. dwXoSe that are anxious to
be otiisl. ahould try Dr. HIMiier'a Celebiat
ed OHlimpllre Ponder., Tlieae I'ow.ler.
ate th. only preparation known that will cure Con-
.uinptlou ana an aieae oi ure a
........ -in.lee.1. m atronir ia our faith in them.aud
also to convince you that thy are nohumhuir, we
will forward to "very .unerer, ny man, po pain,
tree) Trial Hoi.
a ,i,,n t want vour moncv until yon are perfectly
eatixfled ot their curative powers. If your life ia
worth eating, don't delay In giving tuew row
. . ..-! mm tiip vill anmlv cure voa.
Price, for large oox, SJ uo, eu w ii, v
United State, o. wnaua Dy man on rroii, pi
Aiinm' ASH A ItOBBIXS,
3G0 Foltj Stssjt, Hbooilts, H. Y.
FITS EPILEPSY,
OR
FALLING SICKNESS
n..-..H.nil. r-Hred-eiA hnmbos-by
ele.raled I lalllble Ml f owdrra. So
conviniw .utferera that tiieae powilers will 1o sll we
claim lor thrm. we will nd them by mad, pot
paid, a frei riai aa. ",r .:, .
i. .i.lnu llu.t Laasrer male th'. tle
a irw-ial atndy. and as to our knowl-.lw tt-oaaanna
have U-n permanently rnrrd by tbe nof
these Powders, we will uarantre' a prr-
manMS'0!","r," ' ' r
monry eipendrd. All auffeiera al.u.i give
tliea Powoeraan aariy wu, an uv - "
TK'.. M tA or , boxes for l OJ),
rst by'ma.1 U. y fmrt. of C.itel 8ut '
oa receipt of poee, or try .xpre-, C. 0. 1. Addreaa,
ASH at ROBBI? .
K6 Fcltob Btsist, Baocssrs, N. Y.
CENTRAL
Uial tV av M.
BOYD & RENSHAW, Proprietors
wia
KEEP CONSTANTLY ON HAND.
BEEF,
VEAL,
PORK A"D
fliada lard. X
IriedMa.arfnii4a I art. fallow,
J . .. ... fcMl
mil had ia chaaka lewa I to eattta.
4 CEICULTU2AL IMPLEMENTS
l all kind, at manie f zur-s
nM f znr-s rr f
1. d HDiICJt
THE STATE LMTEBSITl'.
Report by the Fresldrnl of the Board of Re
gents of tbe State University. .
To the Governor of the State of
Oregon: 1 ursuant to section Id ot
the University act, (Ses. Laws, 1876,
p. oi), winch provides that:
At the close of eai'h school vear. the Pmtl
dent of the Board of Regents shall make a re
port to the Governor of the State, showing tbe
transactions of the Board, the progress, oomli
tion and wants of the University ; the number
of professors, teachers and students therein, the
amount of receipts, disbursements, and such
other matters as may be deemed important;
I hereby submit ray report to vou for
the school year eouing July a, 1877
ORGANIZATION OF TUB SCHOOL.
Ia Julv. 187G. the coinminsiooers
for the sale of school and university
ands, haviiiir, in pursuance ot HtTtiun
11 of the act of Oct. 19, 1872, (Ses
Liws 1872, p. 52), accepted the build
ing erected at Eugene, Ly the Union
Uuiversity Association ot that il;ice,
the resents, on Aucust l. lsio. or
ganized the University, by the ap
pointment of a president and two
professtir8 for the collegiate depart
ment, and a principal and assistant
teacher of the preparatory depart
me nt therein ; and uIho the adoption
of certain by laws, a copy of which
accompanies this report prescribing
he salaries of the president, proles
sors and teachers of the University,
he tenure ot their employment, the
duration of the school year, the
studies to be pursued thereat, the
rates ot tuition, together with the
ualificalions for adminsion therein.
The professors and teachers ap
pointed were J. W. Johnson, pn-si-
dent and professor of the ancient
lassies; .Mark Buily, professor of
mathematici; Thomas Condon, pre
ssor of geology aud natural history:
Mrs. Mary P. Spillcr, principal of
the preparatory department, aud Mi is
iiiaiy i. otuutf, ntstiiMittiii. iiiercni.
1 lie school opened on October lb,
876, and closed on July 3, 1877,
without any change ot teachers. Up-
in the urgent recommendation ot tlie
faculty, the regents conseuied to close
the school before the expiration ol
the full period of 40 weeks, because,
- .1.- ....... J,-"
as was saiu, many yi me muncnis u
sired to return home ut an earlier day
than the time prescribed ; and because
the contractors tor finishing thobjiild-
ng being engaged therein at work,
ntert'ered materially with the order
and efficiency of.tbe sludirs and reci-
ations. My own impression is that
ho school year ought not to, com
mence before the middle of October
when the harvest and the fairs are
over, and the youth of the country
are ready to enter with the opening
ot the school, rather than a month or
six weeks afterward.
ATTENDANCE.
the year the
During
attendance
was as follows :
collegia department.
Males .'
Females
Total.
PBEPABATOBr department.
Males 32
Females 43
Total 75
WTiols No. in attendance during the year. .155
The report of the President of the
University does not state the average
attendance. Indeed no account ot
atleudauce appears to have been kept
in the collegiate department. L5ut it
i understood that the average was
fair. I think some method should be
levised and put in practice to secure
this information, 'either by chapel ex
ercises and a roll c.ll in the morning
at which all students and pupils
should be required to attend, or a roll
call of classes at recitation hours in
the collegiate department, aud at the
hour cf commencement in the prepar
atory department, f he school is yet,
and for years may" be, without the
cultured surrounding and established '
traditions that compel a certain
amount' application and punctuality
upon the part of students, ana mere
tore it eeemi well tor the time being
to provide for some regular aixi
orderly assembling of themselves to
gether, day by day. under tue direc
tion aud observation ol tlie t acuity.
COCXTT SCHOLARSHIPS.
Thu number of county scholarships
in the collegiate department is 90;
distributed among the several coun
ties in proportion to the number ol
members each hain'tbe legislative
aasemtlv. Upon theso scholarships
there were in attendance in all during
the year, 43 strdent. From Lane,
7 : Linn, 5 ; Polk, 4 ; Multnomah, 10 ;
Yamhill, o; Lougias,a; atco, a ;
Msrion, 1; Jackson, 1; Union, 2;
Umatilla, 2; and Washington, 1.
STUDIES.
In the collegiate department, classes
were taughl io Latin, Greek, higher
lgebra, geometry, trigonometry, sur
veying, calculus, physical feature,
physiology, zoology, composition sud
rhetoric In the preparatory depart
ment, clari were taught in tkuieti
ur algebra, higher, practical and
menial, iniumeui:, suii"""
geegfipby, .location: spelling ar.d
mental irithtuetii;. Luglish erarnnmr
writing. Is the collegiate depart
ment, recitations were heard trom 9
o'clock to 3 o'clock, with a recess of
one hour at noon ; while the prepara
tory departnont had continuous daily
sessions' for both study and recita
tions from 9 o'clock until 3., with tbe
usual recesses.
1 J Discipline.
Accordilif to the report of the
President o? the University, a copy
of which accompanies this report,
"The faculty htve had very little
trouble during the year in,, maintain
ing discipline, only three cases occur
ring. The rules adopted by the fac
ulty for the government of students
wore lew in number, aud aimed at
maintaing gbod morals and gentle
manly and lady like conduct oil the
part of the students." The profes
sors and teachers appear to have done
their duty in the premises; and all
things considered, the regents are
well satisfied with the results of this
and somewhat experimantal year ol
the school.
, RECEIPTS AND EXPENDITURES,
The receipts and expenditures tor
tbe year have beeu as follows :
RECEIPTS.
Interest on University fund-
Coin,
.$3,243 25
. 281 25-
Currency T..
(3,520 50
Tuition
Collegiate department..
I'rejiamtory " . ,
Incidental fee
.$1,100 50
. 1,735 50
. 282 60 3,184 SO
Total receipts 50,711 00
EXPENDITURES.
Salaries-
Three Professors.
...,?M80 00
.... 1,500 00-
Two Teachers.. .
$3,980 00
Incidentals
Janitor
Wood
Secretary
Chalk, etc
Printing
Keg-cuts
874 50
142 75
iri oo
30 00
7 00
7 00
711 25
Total expenditures $0,091 25
On October 1. there was due the followiriK
named persons for their services during the
year, as follows :
President Johnson 81,020 00
Pro'essor llailey 600 00
Professor Condon. oOO 00
Mrs. Spillor SOI) 00
Miss Stone 200 00
Janitor 123 00 2,045 00
fokd expenditures and
From this deduct receipt... s 0,71100
Deficit for the year. . .'. . .$2,025 25
DEFICIENCY.
This deficiency arose io tjiis way :
Before organizing the school, appli
cation whs made to the Commission
ers of the University fund, to ascer-
taiu what amount ot interest could be
relied upon to meet the expenses for
the coining year. Iteply was made,
that from k5,000 to $0,000 would be
the piobable income ol the fund at
least not below $5,000. With this
uiiderslamlinsr, the rcgeuts fixed the
salaries of the professors and teachers
and incurred the incidental expenses
above slated.
These incidental expenses wero ab
solutely necessary, and the number of
professors and teachers was as small
ai the school could possibly be con
ducted with, and lay any claim to
furnish a colletriuto education. I he
salaries were only fair and rather un
der than above what may bo expected
to secure the services ot competent
persons.
lint the actual receipts irom me
University fund were less bv $1,973 50
than the average of the Commission
ers' estimate $5,500. But even, if
the latter sum had been received, the
aiujunt realized from tuition tees in
the collegiate department, being less
than was expected, there would still
be deficit of $051 75 for the year.
But the University is not liable for
this deficit. The contract with the
professois and teachers is to the effect
that they are to look to the current
receipts from interest and tuition lor
their compensation, and therefore
neither tbe reeents nor the State are
iound for any deficiency in this re
apect. Yet, it is also understood iuai
the interest and tuition coming due iu
any one year, is pledged to the pay.
i . . . . .i ....
ment of such compensation, uuiu ;;
such year, whenever collected.
COST OF MAINTAINING 8CUOOL.
But to maintain this school upon a
scale at all commensurate with il
claim to be. the State University, it
should bae an assured income o' not
less than $12,000 a year. With the
present tbrce Ol teachers the expa nses
during tbe past year hive bees $9,
331J 25. There ought to be at "east
une moro professor for tbe modern
languages particularly the English
and it literature. This ought not to
be expected for less than
year, though it may Iks aecoinpliehct,
alutr a fasiiion, for something less.
This added to tlie sum of th present
oxtM-naea would make til ,J3C 75.
leaving margin ot only $6C3 75 for
SEVIXCK or SCHOOL.
The only present sources of revenue
imr.t on the university m"
.ml lukion fees. The Utter illio
crease of conrae in amount wiih the
it. ni t da ai liKo!. bat it is thought
- i ,
tb.t the rrefeul rale ftt "bol.r cau
not be advanced without .fleeting tho
attendance unfavorably.
UNIVERSITY FUND. .
The univotsity fund is derived from
the sales of the 72 sections ot and
granted by congress ''to : aid in the
establishment of a university" in Or
egon, by J 10 ot the Donation act of
September 27, 18;0 (9 JStat;, 497),
and $ 4 of the act of July 17, 1854,
amendatory thereof (10 Stat., 305),
which graut was repeated or oou
tirinod "for tho uso and support of a
State University," by $ 4 ot tho act of
February 14, 1859 (11 Stat., 383), ad
putting Orogon into tho union, (s'ee
Or. Laws, pp. 67, 73 and 10:').
ORANT OK LANDS TO VNIVISITY.
This munificent grant of 40,0S0
acres of land made aud mostly se
lected in Willamette valley, more
than twenty years ago, (Or. Mess,
and Doc, pp. 17 and 49) ought long
before this to have been disposed of
to the highest bidder and tt.o pro
ceeds placed at interest. By this
means tho fund arising therefrom
would now in nil probability exceed
$200,000. But in providing for the
disposition of the grant tho legisla
ture seems to have acted upon the
idea that it was made to promote the
colonization of tfie country, not by
the establishment of an institution of
learning therein, but by the snlo ot
lands to actual settlers, in limited
quantities, and at nominal prices.
llierefore, the sales were hampered
with restrictive conditions as to quan
tity, use, settlement and the like, so
that less than one halt tho land has
been thus tar disposod of ; and that
in ell'eut to the lowest bidder rather
than the highest, and for tho use and
benefit of liio purahasors, rather than
tho university.,
8AI.S Or LANDS.
From a statement furnished by the
clerk ot Board of Land Commission
ers, it appears that up to Sept. 20,
1877, there wore 17,064.70 acres of
this land sold tor $38,004 00 being
a trautlou over nn average of $2 11
per acre. This land, it must bo re
membered, is tho best of the grant.
Probably the most of it is fully equal
to the average of the Willamette val
ley, and ought, under any good busi
ness management, to have bronuhl
at least $10 per acre. Within the
p int throe years, the Or. & Cal. rail
way company have sold 52,000 acres
of its (and grant for an average of
$2 50 per acre. But the railway
grunt being much later in date and
selection than the Uuiversity one, is
of much less value per acre. Besides
the railway company has reason to
dispose of its lands at a comparatively
low figure, so as to promote immi
gration and settlement, because there
by tho business ana value oi tno roan
. ' .. . . i rL i . l.
is directly increased, it is io u
hoped that the next legislative assem
bly will take the necessary steps' to
secure the sale oi tue remainder oi
this grant to tho highest biddor, and
in any case for nolless than $2,50 per
acre. '
UNIVERSITY FUNDS.
From a statement furnished by the
State treasurer, it appears that on
Sept. 19, 1877, the, condition of the
fund realized from the foregoing sale
was as follows: In the cuntody of the
treasurer notes aud cash to Jie amount
of $41,279 90, of which $0,300 85 is
incur.eucy, ana fuji i is in cuu.
Besides this, it appears from the tilos
of the treasurer's office that on Au
gust 15, 1874, thero was delivered to
the secretary of State for collection
notes for this fund, secured by mort
gages, as follows: A. D. Babcock,
$500, date July 15, 1871, interest
paid to July 1,1873; A. Myers, $10,
000, dales Oct. 7, 1871, and Nov. 14,
1871, interest paid to July 1, 1872;
Jose pb and Estelle Kellogg, $V
994 75, dale January 1, 1873, 1 0 in
terest paid, upon which the secretaiy
states decrees were obtained, fore
closing the mortgages and author
izing the sale ot the property. But
it does not appear that so far any
money has been made out of these
securities. The principal of. these
ihrea loans amount to H,4J io,
...t t'mm what lean learn, it is doubt
f,.i it that . ii m can now be realized
irnm iha sale of the property;- while
ilinnnid interest, which mounted
on the first of last July to $9,807, is
in that view of the matter, wboiiy
In addition to these, since th ad
journment of the Ust legislature, the
following- notes secureu uj uiv..
tfn:ff have been by the treasurer oi
State placed in the hands of attorneys
for colleelioo, but It does not. appear
wbst troj;rs, if ny, has been maae
;n thJ matter: T. B. Bicker $2,000
date April 11, 18(i6, iuterest paid to
Jan. 1, 1874; Arthur and-Bridget
F.I.I.. 82.000. date April 29. 18i2, in
r.ai.l to Jan jjrv 1. 1 -7C. No
v i v mw y- - " a .
r-. ,ii ia eivco wbv ihe interest in
rrear opou these two loans, which
.mounted last July to $1.0o0, has .lot
tie.n 411 lli-.tte,l: and the probability is,
. i. -i : .1.,. ..l iu mm that thu
L-nri, . if now insutGiieut fcr the
psyoK'nt ol tie principal, arrtsre
interest and the costs of foreclosure.
No provision appears to havo beeu
made iu any loau of this fund for the
payment ot a'n attorney's foo by tbe
borrower iu default of payment, aod
in case of collection by legal pro
ceedings, and thereforo this expense
must tall upou tho fund. v
But this leak has been stopped by
section 20 of the new University act,
which provides that the borrower'
shall in all rases pay such fee, ia case
ot foreclosure. , 1 ' '
The whole amount of this fund
upon which the interest is in dfault
is $23,871-80, and tbe amount of such
default on the first of July last was
$10,025 40. Of this sum, at least $8,
672 is doubtful or bad. ,
. . NUMMARY OF FUND.
From these tacts tho present con
dition of this' fund may bo summar
ized as follows:
Cub. I 2,050 41
Notes paving interest 2t,D.H 41
" not .. 11,378 12-41,279 4
In the hands of Secretary
for collection: :
Notes with mortgages J1S.404 75
Interest due: on same 10,025 40-129,120 15
In the hands of tlie olerk of B. of L. Corns :
Notes for puivha. mojioy.. 1,3113 02
In the hands of oouuty treasurers i
Cash for loan 4,470 00
$70,203 71.
Deducting the item of interest iu
arrears from this amount, ana tue
nominal principal ot tl.e fund appears
io bo $75,018 31; but of this sunt
$18,491 75 is in suit, and probably
not more than $10,000 of it will be
realized. Doduoling then $3,494 94 .
from this sum as probable loss, there
will remain $57,143 66. But besldo"
that portion of the fund in suit iutei
est is in arrears on over $11,000 of
this sum, and the reasonable inference
from this fact is that the soourity it '
not good. Deducting at least $2,
143 5G for probable loss in this re
spect, tho actual principal of tho fund,
which can be relied on to produce na
income for the Univorsity is $55,000.
MANAUMKNT OF THE FUND.
Any portion of ibis fund in tb
hands of county treasurers ought to
bo called in at once. All loans, upon
which interest is in arrcar, ought to
be collected without delay, and as
soon as three or five thouimnd dollars
are1 in , the treasury, publ'm notice1'
ought to bo given of that fact, so tbbt
it may be loaned "without lavor or
affection.' ' 'i,
This fund is a sacred trust. It wa
given to the State by Congress, not
tor tho improvement ot any town or
the county or tho convenience ot in
dividuals, but tho support ot uni-
versity. Therefore iu tho munagi
mont of it regard should first bo had
tc its security and productiveness.
As soon as default is made in the
payment of interest upon loan it
should be collected without nny con
sideration for the circumstances or
oondition of the borrower. The State
or individuals may bo generous with
their own money, but as has been
said, this fund is a sacred trust which
no one has any right to experiment
witbj or put in peiil for any reason.
Many of the youth of Oregon are
looking forward .to this fund as a
moans of onabling thein to overcomt '
the barriers of obscurity and ignoi
anco which bar their progress, and go
forth into tho arena of life furnished
with the personal power ot culture
and inteliigenc-0. If, by the neglect
or uufailhtulusss of those entrusted
with its custody and management,
they are deprived of this benefit, it '
wilt bo another uulavorablo cofnmeu.
tary upon tho unfitness ol popular
governments for the management of
pecuniary trusts.
AOKILTLTUUAL HOLLKUB OKA NT.
Take, for instance, the grant for an
agricultural college. What a win
meaaare it would uuye been to nave
united this grant ot 1)0,000 acres with
the one Lor a university and thus hare
made one complete and well endowed
institution.. An agricultural college
is but a constituent part of the Mate
University. But the usual subser
viency to the selfish "nhrieks of lo
cality" and the common course of po
litical expediency bav led to the d'. '
vision of tbe funds aud the establish
ment of two independent and insul
ficieully supported schools, only forty
' M It .1
miles apart; ana u ior me purpura
primarily of promoting tbe success of
party and the local interests ot two
Oregon towns, rather than the cause
of education. .
CNITIbSITr BUILDINGS AND O ROUNDS,
The university tuild'iDg, as accept
e! by the commissioners, bekg alto
gether unfurnished and except upon
the first floor, unfinished, it was nec
essary to provide funds for that pur
pose. ' Sufficient mooey aod creJit
was furnished to tbe regents by the
public spirited citizen ot Kugene, to
turnioli the first floor, and enable
thtro to open the school therein on
October 10, 1876, as above stated,
with th expecta-.ion that the staisj
would provide the necessary funds as
soon si lezbJaiin could be bad. The
original act uroi i'liit''
tins' lor the estao-
', lisbuient of tLe University at Eujcur,
otj (CunJadeJ oa fcnrth pvj. )
k ail th bras seas ot til projasaion.