Rensselaer Republican, Volume 13, Number 8, Rensselaer, Jasper County, 12 November 1880 — Benefits from a College. [ARTICLE]

Benefits from a College.

On an average there are four hundred and fifty young men in attendance at Cornell university yearly. The Ithaca Journal says the annual necessities cannot be supplied on an average allowance of less Hum 5400 per annum. Thtogives a handsome total of 5180,000. . Add to this the amount voted by the trustees for salaries to the professors and the *xKnses of their families, in round numre 5100,000, and about 550,000 in necessary sunplies, repairs, improvements, etc., etc., and the magnificent sum of 5330,000 is attained as the actual necessary annual cash disbursement of the institution on the bill into the tills of the grocers, merchants, clothiers, butchers, boot, shoe and laundrymen and boarding-house keepers. If the sums expended in luxuries and paid to doctors, Uvery men, cigar,* billiards room and restaurant kee;>ers be included, together with the amounts expended by visitors of the students or guests of the faculty,*or sight-seers who come to view the i town' and »bindings, V and all! the money caused to be spent directly or indirectly by <the I university,* wo < doubt whether the magnificent grand total of 5500,000 annually would be an exaggerated estimate. %We have experienced as a locality less depression and stagnation from the hard times since 1873 than any other section*of.which we can learn. Our solution is that. Cornell University.' with its yearly half million in exchange for I the commodities which we had to sell, stood like a'great bulwark lietween us and stringency—possibly bankruptcy.