What is
equally important, each one of the students works . . . each day at
some industry, in order to get skill and the love of work, so that
when he goes out from the institution he is prepared to set the people
with whom he goes to labour a proper example in the matter of
industry.
The value of our property is now over $700,000. If we add to this
our endowment fund, which at present is $1,000,000, the value of the
total property is now $1,700,000. Aside from the need for more
buildings and for money for current expenses, the endowment fund
should be increased to at least $3,000,000. The annual current
expenses are now about $150,000. The greater part of this I collect
each year by going from door to door and from house to house. All of
our property is free from mortgage, and is deeded to an
undenominational [sic] board of trustees who have the control of the
institution.
From thirty students the number has grown to fourteen hundred,
coming from twenty-seven states and territories, from Africa, Cuba,
Porto Rico [sic], Jamaica, and other foreign countries. In our
departments there are one hundred and ten officers and instructors;
and if we add the families of our instructors, we have a constant
population upon our grounds of not far from seventeen hundred people.
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