MINUTES OF me BOARD OF TRUSTEES



$1000. to be counted from this source.   As the University already pays the salaries

of these professors, it is out nothing for this item.  Dr. Rose also considered that

the University was already expending and would necessarily expend annually the sum of

t?500. for equipment, and we agreed that the salary of the additional assistant would

be the only new money Which the University would be required to expend.  This aggre-

gates the sum of $8000., and as aforesaid, with the additional sum of $2000., being the

interest on $40,000., calculated at five percent, makes the full sum of $10,000.  Dr.

Rose desires that the contract be ratified by the Board of Trustees and has agreed to

send it on for your consideration.  At the time this report is Tritten, it has not

yet arrived, but I confidently expect it to be here before the Board meets on the

13th of December.

     The University is to be congratulated on receiving this endowment from the gene-

rosity of the Trustees of the Peabody Fund. It enables the Board of Trustees to greatly

strengthen and build up the College of Education.  loo department of the University is

more important to the State than the College of Education.   The educational interest-

of the Coimnonwealth has great need of accomplished teachers and this need will in large

part be supplied year by year from the graduates of this school.

     The Board will be pleased to know that there has been a very large increase in

the number of our students for the present term.  That you may at once appreciate

the increase, I subjoin a tabulated statement of the annual number of students en-

rolled beginning with the year 1905-6 and ending with that of 1911-12:

                 YEAR                         No. of Students

                 1905-06                            813
                 1906-07                            901
                 1907-08                           1064
                 1908-09                            772
                 1909-10                            721
                 1910-11                            803
                 1911-12                           1108

     It will be observed that while for the term 1911-12 there is an increase of

about forty percent over the number of the preceding term, this does not state accurate-

ly the real situation.   The number for the term of 1910-11 is for the entire term,

while the number given for 1911-12 is only for the first half of the term; judging the



December 12, 1911