FREE BOOKS

Author's List




PREV.   NEXT  
|<   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38  
39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   >>   >|  
f training young men for the ministry. This sum was increased in 1637 by the munificence of John Harvard, who was a graduate of Cambridge, and a finished scholar and clergyman from England. He gave eight hundred pounds and his library, consisting of three hundred volumes, towards the endowment, whereupon the college took his name. "The colony caught his spirit," says Boone. "Among the magistrates themselves, two hundred pounds was subscribed, a part in books. All did something, even the indigent; one subscribed a number of sheep; another, nine shillings' worth of cloth; one, a ten-shilling pewter flagon; others, a fruit dish, a sugar spoon, a silver-tipped jug, one great salt, one small trencher salt, etc. From such small beginnings did the institution take its start. No rank, no class of men, is unrepresented. The school was of the people." There is nothing in history to parallel the heroic spirit and boldness of these early settlers in attempting to found a college, surrounded as the people were with poverty, scanty subsistence, and savage enemies. They did not realize the wisdom of their liberality and sacrifice and its influence upon the future civilization of the Western World. Harvard College was located at Cambridge, with a single building, on less than three acres of land. It was supported by government appropriations and private philanthropy. For years the college was financially embarrassed. The salaries were small, and for nearly one hundred years were paid out of the colonial treasury. The President received a salary of $600. The total grants made to the college by the colony during the first century amounted to about $8,000. The total annual income from all sources at the close of the first century of its history was but L750. Down to 1780 the total amount contributed out of the public treasury was $68,675 and 3,793 acres of land. Individuals in England and America had likewise given $90,412. No one at this period would have dared to predict that Harvard College would have in 1892 an endowment of $12,000,000 and an annual revenue of more than $1,000,000, with seventeen departments of instruction, three hundred teachers, and three thousand students. But such has been the phenomenal growth of some of our American institutions. Among the colonial colleges, that of William and Mary is one of the most important. As early as 1617, an attempt was made in England to raise money to found a college among the Virg
PREV.   NEXT  
|<   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38  
39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   >>   >|  



Top keywords:

hundred

 

college

 

England

 

Harvard

 
subscribed
 

treasury

 

history

 

people

 

colony

 

century


annual

 

spirit

 

College

 
Cambridge
 
pounds
 
colonial
 

endowment

 

amounted

 

government

 

supported


sources

 

private

 

income

 
appropriations
 

President

 

salaries

 
grants
 
salary
 

embarrassed

 
philanthropy

received
 

financially

 
phenomenal
 

growth

 
instruction
 

departments

 

teachers

 
thousand
 

students

 

American


institutions

 
attempt
 

William

 

colleges

 
important
 

seventeen

 

Individuals

 

America

 
public
 

amount