284 POPULAR SCIENCE MONTHLY. 



courses similar to those in the Institute. In 1898 the total income of 

 that university was $583,000, of which about $121,000, or only 20 per 

 cent, was received from tuition fees. Its invested funds amounted to 

 $6,446,818. 



The State has generously given aid to the Institute in some of its 

 most trying times; as in 1888, when it gave $200,000, one half un- 

 conditionally and the other half for the support of free scholarships; 

 and again in 1895, when it granted unconditionally $25,000 a year for 

 six years and $2,000 a year additional for scholarships. Although the 

 school has a very inadequate endowment, yet the future looks bright. 

 It is significant of the general appreciation of its work that men and 

 women who have not received a technical education have devoted a 

 large part of their fortunes to providing such education for others. 

 Among the recent benefactors of the Institute we may name Henry L. 

 Pierce, John W. Randall, Mrs. Julia B. Huntington James and Edward 

 Austin, who, within less than three years have bequeathed nearly a 

 million and a half dollars to the school. If the large gifts of recent 

 years are continued, the school will before long be put financially 

 upon a level with its neighbors. May we not hope that as the applica- 

 tions of science to the arts enrich the alumni and friends of the Institute, 

 they may help to make the road easy for their successors by devoting 

 a part of their riches to the advancement of technical education? 



