Graham's Magazine, Vol. XL, No. 4, April 1852Various
General
Graham's Magazine, Vol. XL, No. 4, April 1852
Various
Literature -- Periodicals; Literature, Modern -- 19th century -- Periodicals
I refer thus particularly to the Ohio, because she happens to be in our
waters. But in so doing I do not take the strongest case afforded by our
Navy. Other ships have absorbed still larger sums. The expense of the
Delaware in 1842, had been _one million and fifty-one thousand dollars_.
Pursue the comparison still further. The expenditures of the University
during the last year, for the general purposes of the College, the
instruction of the Under-graduates, and for the Schools of Law and
Divinity, amount to $46,949. The cost of the Ohio for one year in
service, in salaries, wages, and provisions, is $220,000; being $175,000
more than the annual expenditures of the University; more than _four
times_ as much. In other words, for the annual sum which is lavished on
one ship of the line, _four_ institutions, like Harvard University,
might be sustained throughout the country!
Still further let us pursue the comparison. The pay of the Captain of a
ship like the Ohio, is $4,500 when in service; $3,500, when on leave of
absence, or off duty. The salary of the President of the Harvard
University is $2,205; without leave of absence, and never being off
duty!
If the large endowments of Harvard University are dwarfed by a
comparison with the expense of a single ship of the line, how much more
must it be so with those of other institutions of learning and
beneficence, less favored by the bounty of many generations. The average
cost of a sloop of war is $315,000; more, probably, than all the
endowments of those twin stars of learning in the Western part of
Massachusetts, the Colleges at Williamstown and Amherst, and of that
single star in the East, the guide to many ingenuous youth, the Seminary
at Andover. The yearly cost of a sloop of war in service is above
$50,000; more than the annual expenditures of these three institutions
combined.
I might press the comparison with other institutions of Beneficence,
with the annual expenditures for the Blind—that noble and successful
charity, which has shed true lustre upon our Commonwealth—amounting to
$12,000; and the annual expenditures for the Insane of the Commonwealth,
another charity dear to humanity, amounting to $27,844.
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