en, University of the City of New York, and Lewis W. Ross, Iowa State. Men of affairs: Gen. Samuel F. Hunt, Calvin S. Brice, William M. Corry, Gen. Joseph S. Fullerton, H. Lee Morey, James W. Owens, Gen. Benj. P. Runkle, Milton Saylor, Gen. J. Durbin Ward. Ofthose who received the greater part of their collegiate training in the halls of Miami University without receiving a degree a list scarcely less illustrious might be made. It would contain the names of such men as Governor Oliver P. Morton, of Indiana; John W. Noble, now Secretary of the Interior, W. H. H. Miller, Attorney General, and Judge Joseph Cox, of Ohio.

The accumulations of the 12 years during which the university was closed now form a substantial endowment fund. Since the reopening the State has made an annual appropriation' for current and special expenses, and substantial gifts from Hon. Calvin S. Brice have been received. The income is now nearly or quite double what it was in ante bellum days, and the outlook for the future is increasingly bright.

The State has made appropriations as follows for Miami University: 1885, $20,000; 1886, $2,250; 1887, $4,450; 1888, $4,450; 1889, $3,000; 1890, $15,500.

III.-OHIO STATE UNIVERSITY,

(COLUMBUS, FRANKLIN COUNTY.)

This institution, known until 1878 as the Ohio Agricultural and Me; chanical College, was founded upon the grant made to the State of Ohio under the act of Congress approved July 2, 1862, donating lauds to the several States and Territories which might provide colleges for the benefit of agriculture and the mechanic arts. Under the provisions of this act any State in order to receive and retain the grant of land or scrip must within five1 years provide "at least one college where the leading object shall be, without excluding other scientific and classical studies, to teach such branches of learning as are related to agriculture and the mechanic arts" in such a manner as the legislature of the State may prescribe "in order to promote the liberal and practical education of the industrial classes in the several pursuits aud professions of life."

Under this law Ohio received in 1864 certificates of scrip for 630,000 acres, after the State had by formal act of the legislature accepted the conditions of the trust and pledged the faith of the State to the performance of all such conditions and provisious. In April, 1865, the auditor, treasurer, and secretary of state were constituted a commis sion to advertise for and receive proposals for the purchase of th scrip, but to accept no proposal at less than 80 cents per acre. In a report to the governor, dated December 20, 1865, the commissioners announced the sale of 11,360 acres, and stated that owing to the high minimum price fixed by the law many years must elapse before the lands would all be sold, as other States were selling scrip for lower prices.2

The expedient adopted by a few States of first chartering a college and then transferring the title to the scrip to the trustees, by whom it could be located on choice lauds in other States and held until better prices could be realized, seems not to have been thought of in Ohio. At all events, as if acting upon the assumption that the first thing necessary was to dispose of the scrip at some price for cash, the legislature, in 1866, repealed all provisions as to a minimum limit upon the price at which the scrip might be sold. Under the modified law the entire

1Extended to ten years by a subsequent act.

2 Bids for the whole amount were made, provided a short credit be allowed. This the commissioners decided they were not authorized to give,

grant was soon sold, all but 70,000 acres selling at 53 cents per acre. The proceeds of the sales were $340,906.80. This enormous falling off from the offers of the previous year led the legislature to call upon the commissioners to state "why the scrip belonging to the State was sold, part of it on time, for less than 53 cents an acre while the Government was selling land at $1.25 an acre." The commissioners were able to evade the inquiry into the real causes by a simple denial that any scrip had been sold for "less than " 53 cents an acre, and the investigation was pushed no further. This magnificent gift, like the others. received by the State for educational purposes, was sacrificed by an undue haste in turning it into money.

By the provisions of the law the proceeds of the sales were paid into the State treasury and interest at the rate of 6 per cent. per annum was to be paid by the State in semiannual instalments. As the college was not opened for several years after the sale of the scrip, the interest as it accrued was added to the principal until 1873, and the endowment fund from that source now amounts to $523,175.62.

In order to bring the whole subject of the endowment fund into a single view, it may be added that in 1871 Congress gave to the State all unpatented tracts within the Virginia military reservation in Ohio. In 1872 the State gave these lands to the college and authorized their sale. These lands consist of various small and detached tracts, most of which have been occupied for years by settlers without title. In at tempting to dispose of such, much litigation has been occasioned and the sales have been slow. On November 15, 1887, $41,587.61 had been alized from them, of which $13,665.84 had been added to the endowent fund, making the latter $537,841.46, with an annual income of 32,270.48. The lands have not all been sold, but the proceeds as they rise are now used for current expenses.

LOCATION AND ORGANIZATION.

From the time of the acceptance of the grant, there was much discussion throughout the State concerning the manner in which the fund should be applied to the intended objects. A proposition to divide the fund among various existing colleges on condition that they establish departments of agriculture was urged by some, but met with strenuous opposition in many quarters, and especially from the State board of agriculture. In April, 1866, a commission was appointed to report to the next general assembly their opinion as to the place for locating an agricultural and mechanical college, and to receive proposals to donate lands, buildings, or money in trust, in behalf or on account of such location. After a careful consideration of various propositions, the commission, in December, 1866, submitted two reports. The majority report advocated a division of the fund and a bestowal of one-half upon Miami University (which was to be reorganized to comply with the terms of the