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Institutions conferring Ph. D. degree in 1901-2-Continued.

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The total value of property possessed by the institutions for higher education amounts to $117,205,234, a gain of $25,974,450 over the amount for the preceding year. The endowment funds amount to $185,944,668, and the remainder represents the value of the material equipment. Of the 464 institutions for men and for both sexes (Table 30), 147 have no endowment funds, 141 others have less than $100,000 each, 124 have from $100,000 to $500,000 each, 20 have from $500,000 to $1,000,000 each, 17 have from $1,000,000 to $2,000,000 each, 8 have from $2,000,000 to $5,000,000 each, and 7 have more than $5,000,000 each.

The continued increase in the number of students at the higher institutions renders necessary the erection of additional buildings for their accommodation. The purpose and cost of buildings erected during the year by the several institutions, so far as reported, are as follows:

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The total income for the year, excluding benefactions, is reported as $33,863,244. The proportion derived from the various sources by the several classes of institutions is as follows:

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Of the total amount, $6,437,493, appropriated for higher education by the several States and a few cities, the following amounts were furnished by the different geographical divisions of the country:

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BENEFACTIONS.

The total amount of benefactions reported by the several institutions for higher education as having been received during the year is $17,039,967, of which amount $12,506,538 was received by the following-named 31 institutions reporting gifts

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Of the total amount of benefactions received during the year, 47.7 per cent was reported by the institutions in the North Atlantic Division, 5.9 per cent by those in the South Atlantic Division, 3.6 per cent by those in the South Central Division, 40.5 per cent by those in the North Central Division, and 2.3 per cent by those in the Western Division. The total amount received by colleges for women was $1,772,555.

GOVERNING BOARDS OF STATE INSTITUTIONS.

University of Alabama.—Board of trustees consists of the governor and the State superintendent of education exofficio; one member appointed by the governor and confirmed by the senate for a term of six years from each Congressional district, except that the district in which the institution is located is entitled to two members. One-third of the members are appointed biennially.

Alabama Polytechnic Institute.—Board of trustees composed like that of the University of Alabama (see above).

Agricultural and Mechanical College for Negroes ( Alabama).—Board of commissioners consists of three members named in the act establishing the institution, who may fill all vacancies arising in their number.

University of Arizona.—Board of regents consists of the governor and the superintendent of public instruction exofficio; four members appointed by the governor and confirmed by the council for terms of four years.

University of Arkansas.—Board of trustees consists of the governor exofficio and six members appointed by the governor and confirmed by the senate for terms of six years, the terms of two members expiring every two years.

University of California.—Board of regents consists of the governor, the lieutenantgovernor, the speaker of the assembly, the State superintendent of public instruction, the president of the State Agricultural Society, the president of Mechanics' Institute, and the president of the university, ex officio; sixteen members appointed by the governor and confirmed by the senate for terms of sixteen years, two members being appointed biennially.

University of Colorado.—Board of regents consists of six members, elected by popular vote, two every two years, for terms of six years. The president of the university is ex officio president of the board, with the privilege of speaking but not of voting except in case of a tie.

Colorado Agricultural College.-The governing body is the State board of agriculture which consists of the governor and the president of the agricultural college ex officio, and eight members appointed by the governor and confirmed by the senate for terms of eight years, the terms of two members expiring every two years. Connecticut Agricultural College.-Board of trustees consists of the governor and the director of the Connecticut Experiment Station ex officio; six members elected by the state senate for terms of four years; one member elected by the alumni for the term of two years; one member elected annually by the State board of agriculture. Delaware College.-Board of trustees consists of the governor and the president of Delaware College ex officio; fifteen members representing the original board, who have power to fill all vacancies occurring in their number; fifteen members appointed by the governor.

State College for Colored Students (Delaware).--Board of trustees consists of the president of the college ex officio, and six members, two from each county in the State, appointed by the governor for terms of four years or until their successors are appointed.

Florida State Agricultural College.-Board of trustees consists of seven members appointed by the governor and confirmed by the senate for terms of four years. Not more than two may be appointed from the county in which the college is located.

University of Georgia.—Board of trustees consists of the governor, the president of board of trustees of State School of Technology, the president of board of commissioners of Georgia Normal and Industrial College, the president of board of commissioners of Georgia Industrial College for Colored Youths, ex officio; one member from each Congressional district, four from the State at large, and two from the city of Athens, appointed by the governor and confirmed by the senate for terms of eight years.

University of Idaho.—Board of regents consists of five members from the State at large appointed by the governor and confimed by the senate for terms of six years. Not more than three members may be of the same political party.

University of Illinois.—Board of trustees consists of the governor, the president of State board of agriculture, State superintendent of public instruction, ex officio; nine members elected by popular vote, three at each biennial election, for terms of six years.

Indiana University.-Board of trustees consists of three members elected by the alumni residing in the State for terms of three years, and five members elected by the State board of education for terms of three years.

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