THE ALUMNI JOURNAL 79 



tions and almost every college in the country derives a considerable 

 portion of its income from money which has been contributed from 

 New York City, and yet it ne\er seems to have occurred to anyone 

 who had the means that we have one of the most important insti- 

 tutions in the whole United States right here in the City of New 

 York which needs money and ought to have it. \Vhen we moved 

 to 68th Street into our new building, we had a mortgage of $125,000 

 and a floating debt of $20,000, and owing to the good management 

 of the College by the Board of Trustees and the assistance which 

 it has received from members of the pharmaceutical profession, it 

 has reduced its mortgage to $90,000 and entirely eliminated the 

 floating debt. That means that $35,000 — I think I am correct in 

 my statement — of its debt has been met, and that by judicious and 

 frugal management. Now I think it is high time that somebody of 

 all the millions in this community wdio are benefited by the phar- 

 macists whose lives depend upon them should do something, some- 

 thing to enable this College to do more, have greater facilities, 

 more instruction, more material, more laboratories. It will result 

 to the benefit of the community. 



In closing, I wish to say that one of the pleasantest episodes 

 in my life has been my association with this College. I came to it 

 in 1866 and I have been here ever since, and there is no piece of 

 work in which I have been engaged or taken part in, that has given 

 me more satisfaction than my part in assisting in building up this 

 College of Pharmacy. 



Selection, "Die Fledermaus" Strauss. 



CANDIDATES FOR DEGREE OF GRADUATE IN 



PHARMACY. 



Secretary Thomas F. Main, Ph. G. 



Dr. Chandler: On behalf of the College and Trustees of 

 the College it gives me great pleasure to have called off the names 

 of these candidates as having conformed with all the requirements 

 of the College and as having passed a satisfactory examination, and 

 they are therefore entitled to have the degree of graduate in Phar- 

 macy conferred upon them. 



To be continued. 



