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been filled. Constant efforts have been made to accomplish this by correspondence and in other ways, but without success, owing simply to the fact that all those who possess the proper qualifications are engaged in the service of our country.

It is hoped that at the opening of the next Collegiate year some officer returning from battle or captivity may be secured. In the meantime Prof. Wood has delivered a very creditable course of lectures on Military Engineering. Civil Engineering is the fundamental branch of Engineering in general. An officer from our army and a graduate of West Point associated with the Scientific Corps of Professors we already possess, will accomplish the double purpose of supplying whatever additional strength we may need in Mathematics and Physics, and of completing our Department of Engineering by adding the military branch. The daily military drill will also serve a twofold purpose in preparing young men for military service and in providing systematic, manly and healthful exercise.

We are involved in a great and terrible war, which, in its prosecution to a successful termination, and in its inevitable consequences, perhaps involving a collision with foreign powers, one of which touches the border of our own State, is likely to make us for an indefinite period a military people. No measure can be more popular in our State than the estab lishment of a Military Department in the University; none more popular in the great North West; none that will serve more to exalt us in the estimation of our sister States in general; none that more fitly comports with the renown which our regiments have won in many a bloody field; none that more naturally belongs to an institution which has already furnished brave soldiers and distinguished officers, some of whom have fallen in battle, while others have pined in captivity or wasted from wounds and disease; and none that will be more attractive to the young men who resort to institutions of learning. Nothing will touch the hearts of our students more than the appointment of a Professor who brings with him the assurance

of fitting qualifications, and whose name is associated with heroic action and suffering in our country's cause.

I would also respectfully suggest to the Regents, the expediency of appointing a Professor of Agricultural Science. This Professorship has remained vacant since the lamented death of Mr. Fox. Our admirable Laboratory is doing its part in the instruction of young men in the fundamental principles of Agriculture; and we need only to have the Chair above named ably filled in order to develop a course of Agricultural instruction unsurpassed by any University in the land.

In conclusion I have only to say that the discipline of the University during the past year has been well maintained, and that there has been little to interrupt the general prosperity and harmony.

HENRY P. TAPPAN, President. University of Michigan, June 24, 1862.

REPORT OF THE FINANCE COMMITTEE.

To the Board of Regents of the University of Michigan:

The Finance Committee of the Board of Regents present the following statement of receipts and expenditures on account of the University, for the fiscal year ending June 30, 1862:

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other miscellaneous purposes,........$36,558 20 Law building,... ..

3,802 58 40,360 78

$45,420 53

Warrants paid during the year,..

$39,778 49

Warrants outstanding July 1, '62,...... $2,600 00

Building,..

3,042 04

5,642 04

$45 420 53

The following list contains the numbers and amounts of the

several Warrants upon the Treasury, outstanding July 1st,

1862, other than Building Warrants:

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Estimated Receipts for the ensuing year.

Bal. due from State Treas. July 1, '62,...$18,999 72
Interest on proceeds of University lands

sold, .

....

35,000 00

Of these there will probably be received into the

Treasury of the University from the State Treas

urer, during the year,.....

From all other sources,.

Cash on hand,....

Amount.

$500 00

312 50

375 00

375 00

250 00

250 00

250 00

62 50

25 00

200 00

$2,600 00

$45,000 00

3,000 00

7,650 24

$55,650 24

Estimated Expenses for the year ending June 30, 1863.

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