Evening Republican, Volume 19, Number 115, Rensselaer, Jasper County, 15 May 1915 — UNIVERSITIES TO GET STATE FUNDS [ARTICLE]

UNIVERSITIES TO GET STATE FUNDS

. tat t Attorney uenerai muuurn iteuuci ®

er2 l<^tlK, iiK U his a t^Sd g^i opinion to Dale J. Crittenberger, auditor of state, that is of the utmost fanpartance to Purdue university, as well as Indiana University and the State Normal at Terre Haute. The opinion states that the statutes provide for the payment of interest on endowment bonds of Purdue and the other state institutions from the state's general fund, as was the custom in the past, and that the 1913 educational tax levy should not be used to pay the interest The tax levy as 7 per cent .

The opinion will result in the universities receiving many thousands of dollars above the educational tax levy. The endowment bonds amount to $144,000. The opinion was asked for because the state hoard of finance has held that the educational tax levy Should be used to pay the demands of all educational institutions.

The attorney general said the opinion had no reference to the argument between state officials and educational institution officers regarding certain specific appropriations, which the institutions contend should be paid them regardless of the sums they receive from the educational tax levy.