GEORGIA. 



339 



8,000 00 



8,000 00 



10,000 00 



745,440 00 



6,700 00 



8,000 00 



6,000 00 



8,700 00 



1,500 00 



to five, then from five to three, and now from 

 three to two and a half. This is the result of 

 a steady increase in the value of property, and 

 of a steady decrease in the expenditures and 

 in the rate of interest. Ten years ago the State 

 paid ten per cent ; now she can easily float a 

 loan, should she need it, at five per cent. 



The purposes of the estimated disbursements 

 for the ensuing year are as follows : 



On account of civil establishment $87,050 00 



" contingent fund 10,00000 



" printing fund 10,00000 



" Academy for the Blind 12,000 00 



" Deaf and Dumb Asylum. 15,000 00 



Lunatic Asylum 100 i?9 ?? 



University of Georgia. 



Atlanta University (colored) .... 



Department of Agriculture 



public debt 



expenses of Penitentiary. 



State chemist 



inspectors of fertilizers 



Railroad Commission 



trustees of Asylum 



salary school fund 270,000 00 



land-scrip fund 6,314 14 



Legislative pay-roll 42,613 00 



Total $1,361,817 14 



STATE INSTITUTIONS . The University 

 of Georgia, at Athens, Clarke County, including 

 the State College of Agriculture and the Me- 

 chanic Arts, the Medical College at Augusta, 

 and the branch preparatory colleges at Dahlo- 

 nega, Milledgeville, Cuthbert, and Thomasville, 

 shows a marked improvement as compared with 

 previous years. The total number of students 

 for the collegiate year ending July 19, 1882, 

 was 1,103. In the current collegiate year this 

 number will he largely increased ; that already 

 in attendance at Athens being one third larger 

 than in the past year. The departments of the 

 university are : 1. The Academic Department, 

 known as Franklin College. 2. The State Col- 

 lege Department the State College of Agricul- 

 ture and the Mechanic Arts. 3. The Law De- 

 partment. 4. The Medical Department. The 

 faculty of Franklin College consists of nine pro- 

 fessors ; that of the State College of Agricul- 

 ture, etc , of eight professors ; that of the Law 

 Department, of six professors and lecturers; 

 and that of the Medical Department, of eleven 

 professors and demonstrators, with eleven clin- 

 ical assistants. The university degrees are: 

 1. Master of Arts. 2. Civil Engineer. 3. Bach- 

 elor of law. 4. Doctor of Medicine. The Frank- 

 lin College confers the degrees of Bachelor of 

 Arts, Bachelor of Science, and Bachelor of Phi- 

 losophy ; and the State College of Agriculture, 

 etc., confers the degrees of Bachelor of Agri- 

 culture, Bachelor of Chemical Science, and 

 Bachelor of Engineering. The standard of 

 scholarship for each degree is as high as that 

 of any other university in the Union. By the 

 action of the Board of Trustees two years ago, 

 tuition was made free in Franklin College and 

 in the State College of Agriculture. The chem- 

 ical, physical, engineering, and agricultural ap- 

 paratus is complete and of the newest make. 

 The income of the university for the past year 

 was $49,213.30, and the expenditures were $40,- 



510.67. At the last commencement, July, 1882, 

 Senator Joseph E. Brown, one of the trustees, 

 proposed to donate to the university $50,000, 

 on condition that the State receive the sum in 

 cash into the Treasury to be used in payment 

 of the public debt, or in such other manner as 

 may be for the best interests of the State, and 

 will issue her bond or bonds to the university 

 bearing seven per cent interest, payable semi- 

 annually, the bonds to run for fifty years. The 

 object of the donation was to establish a fund 

 in the hands of the university, the interest of 

 which ($3,500) was to be loaned to young men 

 of good character in Georgia, who desire to 

 obtain a liberal education, but who lack, wholly 

 or in part, the means necessary to pay for their 

 board and clothing while engaged in the pur- 

 suit of their studies at the university. It was 

 further conditioned that no young man should 

 avail himself of the benefit of the fund until 

 he was eighteen years of age ; that each sign a 

 pledge of honor, when he enters college, to re- 

 fund the sum received as soon as he can do so 

 after he completes his course of study ; that 

 he shall pledge himself that when twenty-one 

 years of age he will give the university his 

 legal obligation for the payment of the sum 

 with four per cent per annum interest; and 

 that not more than $200 per annum shall be 

 loaned to any student, to be advanced to him 

 monthly during the scholastic year. It was also 

 provided that, in case of a large number of ap- 

 plicants, the trustees should select the beneficia- 

 ries by competitive examination or otherwise ; 

 that the sums repaid by each student be added 

 annually to the principal, and only the interest 

 loaned in future, so as to increase the number 

 of beneficiaries, and also to increase the prin- 

 cipal sum, which in progress of time would 

 grow to a large amount ; that if in any year 

 there should not be a sufficient number of ap- 

 plicants of good moral character and promise 

 to consume the amount of interest accruing 

 during the year, the unused interest should be 

 added to the principal ; and that young men 

 studying for the ministry should only be re- 

 quired to refund half the amount borrowed. 

 The fund was to be called the " Charles Mc- 

 Donald Brown Scholarship Fund," in memory 

 of Senator Brown's son, Charles McDonald 

 Brown, a noble Christian youth of fine intel- 

 lect and high honor and integrity, who had 

 been a student in the university, and died 

 in the year 1881. The trustees gratefully ac- 

 cepted the donation on the proposed condi- 

 tions, but the General Assembly refused to 

 comply with the terms specified, on the ground 

 that the State Constitution forbids any increase 

 of the public debt of the State, except to repel 

 invasion and to defend the State in time of 

 war, and that the issue of the bonds would be 

 a direct violation of the Constitution. Some 

 of the ablest lawyers in the State hold a con- 

 trary opinion, but the legislative action deprives 

 the poor and meritorious young men who de- 

 sire to obtain a liberal education, but can not 



