honorary degree on 12 different persons. The number of Ph. D. degrees conferred by each of the several institutions was as follows:

Spring Hill College (Alabama).
University of California..

Santa Clara College (California)

Leland Stanford Junior University.
University of Denver..

Yale University...

Catholic University of America.

Georgetown University

George Washington University.

Morris Brown College.

Illinois Wesleyan University
University of Chicago.
Ewing College..

University of Illinois.

Westfield College..

Wheaton College.

Taylor University.

University of Iowa.

Kansas City University.

Johns Hopkins University.
New Windsor College.
Boston University.
Harvard University.

Radcliffe College.

Tufts College..
Clark University.
Adrian College.

University of Michigan.
University of Minnesota.
University of Missouri.
St. Louis University.
University of Nebraska.
Princeton University.
Cornell University.
Columbia University.

New York University.

University of North Carolina.

University of Cincinnati.

Scio College (Ohio)

Ohio State University.

Bryn Mawr College..

Temple College..

University of Pennsylvania..

Villanova College..

Washington and Jefferson College.

Brown University.

University of South Dakota.

Paul Quinn College.

University of Virginia..

Washington and Lee University.

University of Wisconsin.

Total..

The total value of property possessed by the institutions for higher education amounts to $514,840,412, a gain of almost $50,000,000 over the amount for the preceding year. The endowment funds have increased to $234,791,239, and the remainder represents the value of the material equipment used for instruction purposes. There are 41 institutions that have endowment funds of over $1,000,000 each, of which number 24 are in the North Atlantic Division, 10 in the North Central Division, 3 in the South Central Division, and 2 each in the South Atlantic and Western divisions.

The endowment funds are increasing at a very gratifying rate, having grown from $166,193,529 in 1900 to $234,791,239 in 1905, a gain of 41.3 per cent in the last five years.

INCOME.

The total income from all sources, excluding benefactions, amounted to $41,775,101, an increase of $1,445,908 over that for the preceding year. Of the entire amount, 36.9 per cent was derived from tuition and other fees from students, 23.6 per cent from endowment funds, 23.6 per cent from State appropriations, 6.9 per cent from Federal appropriations, and 9 per cent from miscellaneous sources. Two institutions, Harvard and Columbia, report incomes exceeding $1,000,000 each, 8 others report over $750,000 each, 3 others over $500,000, and 12 others over $300,000. Included in the 25 institutions having the largest income are 12 State institutions, 5 of which report incomes exceeding $500,000 each.

STATE TAXATION FOR HIGHER EDUCATION.

In a large majority of the States the aid granted by the State to institutions of learning is by special appropriations by the State legislature. In a number of the States, however, provision for educational institutions has been made by means of a regular tax levy on each dollar of the assessed valuation of the taxable property. The rate of taxation for each institution in such States is as follows:

Arizona.-Three-fifths mill tax for the University of Arizona.
California.-One-fifth mill tax for the University of California.

Colorado.-Two-fifths mill tax for the University of Colorado; one-fifth mill tax for the State School of Mines; one-fifth mill tax for the State Agricultural College. Indiana. One-tenth mill tax for Indiana University; one-tenth mill tax for Purdue University.

Kentucky. One-twentieth mill tax on the property of the white people for the Agricultural and Mechanical College of Kentucky.

Michigan.-One-fourth mill tax for the University of Michigan; one-tenth mill tax, but not to exceed $100,000 in any one year, for the State Agricultural College.

Minnesota. Twenty-three one-hundredths mill tax for the University of Minnesota. Nebraska.-One mill tax for the University of Nebraska.

North Dakota. Two-fifths mill tax for the University of North Dakota; one-fifth mill tax for the North Dakota Agricultural College; three one-hundredths mill tax for the School of Forestry.

Ohio.-Fifteen one-hundredths mill tax for Ohio State University; seven twohundredths mill tax for Ohio University; one-fortieth mill tax for Miami University; one one-hundredth mill tax for Wilberforce University.

Wisconsin.-Two-sevenths mill tax for the University of Wisconsin.
Wyoming.-Three-eighths mill tax for the University of Wyoming.

In 1903 and again in 1905 the State of California, in addition to the regular tax levy, appropriated $100,000 for maintenance and support of the State University for each of two years. In 1904 Kentucky passed an act granting to the Agricultural and Mechanical College $15,000 annually, in addition to the amount derived from the tax levy.

Alabama grants to the Alabama Polytechnic Institute one-third of the net proceeds arising from the sale of fertilizer tags, and South Carolina grants to the Clemson Agricultural College the entire proceeds of the fertilizer tax.

BENEFACTIONS.

The total amount of benefactions reported by 330 of the institutions included in this chapter is $16,678,952, of which sum $11,869,083, or 71 per cent of the total, was reported by 33 institutions receiving each $100,000 or over. The average amount received by the other 297 institutions reporting benefactions was $16,195. The insti

tutions reporting gifts of $100,000 or over with the amount received by each are as follows:

TABLE 1.-Number of undergraduate and graduate students in public universities, colleges, and schools of technology.

TABLE 2.-Number of undergraduate and graduate students in private universities, colleges, and schools of technology.