PURDUE UNIVERSITY
is the outgrowth of a Government land grant for agricultural and mechanical education. A part of the donations of John Purdue has been used for current expenses. You will be looked to for liberal appropriations to supplement the interest on the endowment, and execute the trust imposed upon the State by the acceptance of the gifts and confusion of the funds offered for the experiment. The reports for the past year has been lately received. It shows that the Trustees are satisfied of the increasing prosperity of the University, and that it is now regarded on a permanent basis and well managed; they look confidently to the State to protect their educational ward by appropriations adequate to the necessities of the case, and invite attention to the report of the President of the faculty, whose services are highly appreciated by them, and whose zeal in advocating the interest of the institution is commended. The number of students is 203. The endowment fund is now reported at $340,000, yielding annually $17,000, and the united grants and donations are valued at $570,000. Permanent annual appropriations of $17,000 for institutional, and $2,000 for the expenses of the Board of Trustees, are asked.
