148 THE ALUMNI JOURNAL 



is, that the College of Pharmacy needs an endowment of $100,000 to 

 $500,000 to carry on its work efficiently and to cope with all of the 

 requirements of the teaching of modern pharmacy. 



An idea prevails in certain quarters that the College of Pharmacy 

 shares in the munificent gifts given to Columbia. This, of course, is 

 not true. The College is a separate and distinct corporation in financial 

 matters ; it must solve its own financial problems, and gifts or bequests 

 given to the University are applied strictly toward the purposes for 

 which they were given. To help the College, a separate and distinct 

 endowment must be made. Let us see how the different schools of the 

 University fared last year. We take the following tabulation from the 

 President's report: 



A summary of the gifts in money received during the past year by 

 the several corporations included in the University is as follows: 



For General Endowment.. 



For Buildings and Grounds 

 For Immediate Use 



$1,421,804.17 $161,876.51 $22,254.65 $1,605,935.33 



Note the empty lines beneath the heading "College of Pharmacy" ! 

 Is there not one, or are there not several, of our graduates who owe 

 part of their worldly goods to the training and knowledge obtained at 

 our school, who would see to it that figures will appear in the report 

 where empty lines are now? "Strength, power, zeal for service, are 

 all at hand, but the bonds of insufficient funds hold us in on every 

 side." An endowment of $100,000 would be sufficient to meet the 

 interest charges on our mortgage, or would lift the entire mortgage, 

 and what a relief that would be ! A gift providing a yearly income 

 of 10 to 15.000 dollars would make our school a model for the schools 

 of this country. A new and modern building could be built, labora- 

 tories for the teaching of modern and advanced chemistry, manufac- 

 turing pharmacy, dispensing pharmacy, research pharmacy, materia 

 medica, biology, pharmacognosy, plant analysis could be instituted, the 

 teaching staff increased, and the best and most efficient work done. 



As to teaching staff and number of students enrolled, we take the 

 following tabulations from the report : 



