32 YALE FOREST SCHOOL 

The Treasurer’s reports for the past twelve years show the 
yearly income from tuition and from endowment to be as 
follows: 
Income from Income from 
Tuition Endowment 
BQOD ie cwindéejee hod eenaaa ae ae $ 861.52 
TOOL icc c ce wey eRe res coches $ 1,240.00 6,666.80 
QOS .s ses Cainer wie Satins alee 3,373.84 7,351.05 
TQODs. sinc cststcnls weave balers «isle oe lyia 4,585.32 7,224.71 
TQOM  so-ca'scpteehedaaists anus pine be a 6,859.51 8,902.42 
0 ge ois, dh a 5,997.50 8,568.95 
1006 (AES ee ss ed 6,026.34 7,951.66 
OOF HM AHO AP Ose we 8 eve Gols 6,469.34 9,507.89 
1908 wire ds Gates Aga edie wclesids 7,200.41 10,057.62 
FOOD dae nis on Th Selena inns 8,085.24 10,811.47 
TOR abide hu pk tiddvad.s'this 11,681.39 12,280.22 
TOES SU Ameases is hyde h es 11,720.50 17,701.74 
IQI2 ) westeae:'ss aS ee ay 7,705.76 20,706.40 
_From this table it appears that the increase in annual income 
is from both tuition and endowment. With our student body 
approximately the same in numbers as now, our present endow- 
ment will carry the work of the School as now conducted and 
provide for minor extensions, particularly in the direction of 
publications. It will not, however, entirely provide for neces- 
sary increases in the salaries of the younger members of the 
Faculty which must, be met in the immediate future, or for the 
extension of the curriculum and the advancement of the School 
along the various lines already begun or that have been 
suggested. 
With the smaller classes of the past two years Marsh Hall 
as now arranged provides, sufficient space for necessary lecture 
rooms, but laboratory facilities are insufficient, the library is 
overcrowded and there is no space for the display of collections. 
The work accomplished by the School is expressed in the 
biographical records of her alumni which appear in this volume. 
These records clearly show to what extent Yale men are 
identified with and are responsible for the development of 
forestry in America. 
