Show college FA anar nan ass our reporter interviewed prof paul last saturday in regard to the financial flu ancial condition of the agricultural college 0 during 1 his hia administration tra tion and obtained from him the following statement on december 31 01 1893 3 all the college wai wa in debt to the government fund 1510 tim debt increased steadily Etea dily until at the tha beginning of my incumbency in august 1894 tile the college was in debt io to dihe the govern jaent wo had to pay this debt and to conduct the college for the tha ensuing two years warrants i et un cashed S 3 not war warrants yet anthen cashed pay cash in treasury able total our only other resource reBo urco ass entrance fees and college receipts station cannot bo be in clu eluded we could also cheate a further deficit in the government fund by borrowing we borrowed whim added added to 1 gai gae e Us for the running expenses of the college during the past two years vears ending december the expenses for the two years lending ending dec 31 were actually of which therefore there must have been expended from january to august ISO 1894 1 before I 1 entered upon tny my duties 9 leavin leaving for the year and nd a half hal ending fending dec 31 j 1 1893 for the en ensuing suing single year from january 1896 to january 1897 we have to expend from the state fund alone or three times as much as we had in either of the past two years on july 1 1896 we hall had on hand in the government fund a surplus of which can be used solely for the purchase of books and apparatus the actual financial condition of the two fund on july ISM was as follows government FUND balance credit april 1st ast 1890 ill salaries 3 months to july 1st ast 1896 6 bills 1514 surplus STATE FUND overdraft april unpaid bills 1400 current expenses 2000 unredeemed warrants on hand 1400 appropriation for deficit appropriation fur for current expenses to july leavin leaving for the ensuing eix eis moots ts in the state plate eulid fund as the cotil appropriation n was for the year 1 I we V e received in august from tile the government for fo 1 he be payment of teachers our salary list for this year from t that hat fund has been here slain again 0 the surplus over last year is there will be a fund of at least 2000 from entrance fees which can be used for any purpose it will therefore be seen that anait from the anticipated increase in the tuition fee fund the actual surplus to be expended this year by the college in excess of that of last year ie in the government fund or nearly as much again as was expended last year the excess in the state fund is noted above |