Part 3 (1/2)

[Footnote 41: Sprague, _Annals of American Pulpit_, VII, 279]

[Footnote 42: _History of the ME Church_, Vol III]

[Footnote 43: _Niles' Register_, February 20, 1819]

[Footnote 44: Act of 1832, ch 199]

[Footnote 45: _Life of Bishop Kerfoot_, by Rev Hall Harrison]

[Footnote 46: Act of 1844, ch 272]

[Footnote 47: MSS of Fr GE Viger]

[Footnote 48: Act of 1830, ch 50]

[Footnote 49: MSS of Rev GE Viger]

[Footnote 50: Act of 1865, ch 10]

[Footnote 51: Lewis, _Outline of Western Maryland College_]

[Footnote 52: MSS of Pres WH Hopkins]

THE JOHNS HOPKINS UNIVERSITY

(1876-1891)

BY DANIEL C GILMAN

FOUNDATION

The year 1876 is commonly taken as the date of the foundation of the Johns Hopkins University, as in that year its doors were opened for the reception of students On the twenty-second of February the plans of the University were publicly ton's Birthday” has since been observed as an anniversary or coanized nine years before The founder, Johns Hopkins, as he saw the end of life approaching (although he continued in active business for several years afterwards), detere part of his fortune upon two institutions which he proposed to establish, a University and a Hospital These established by separate Boards of Trustees, citizens of Baltirity, wisdoht be closely allied, the founder was careful that a majority of the Trustees of one corporation should also be a majority of the Trustees of the other corporation, and in a letter which he left as the final expression of his wishes, he declared it to be his ”constant wish and purpose that the Hospital should ultimately form a part of the Medical School of the University”

The Hospital was opened for the reception of patients in May, 1889; and a volu year by Dr JS Billings, gives a full description of the buildings, with other papers illustrative of the history and purposes of that great charity But as the Medical School, which is to form the bond of union between the two establish statements will only refer to those opportunities which are here provided for the study of science and literature, in the faculty commonly known as the faculty of philosophy and the liberal arts

Before speaking of his gifts, a feords should be devoted to the e-minded man, whose name is now renowned in the annals of Aacious methods He was born in Anne Arundel county, Maryland, not far froenerations had adhered to the views of the Society of Friends

His ancestors were a the earliest settlers of the colony While still a boy, Johns Hopkins caood habits in which he had been brought up, and unusual capacity for a life of industrious enterprise He began on the lowest round of the ladder of fortune, and by his econoacity, and perseverance he rose to independence and influence He was called tothethat of President of the Merchants' National Bank, and that of a Director in the Baltimore and Ohio Railroad Company He was a man of positive opinions in political affairs, yet he never entered political life; and although he contributed to the support of educational and benevolent societies he was not active in theirthe winter in a large a street, west of North Charles street, and during the summer on an estate called Clifton, in Baltimore County In both these places he exercised hospitality without ostentation He bought a large library and s which are now preserved in a memorial room at the Hospital

Nevertheless, his pursuits holly th were chiefly devoted to the business in which he was engaged,--first as a wholesale grocer, and afterwards as a capitalist interested in s More than once, in time of commercial panic, he lent his credit to the support of individuals and firratitude He died in Baltie of seventy-nine years He had never ave the principal part of his estate to the two institutions which bear his name, the Johns Hopkins University and the Johns Hopkins Hospital Each of them received property estimated in round nuift to the University included his estate of Clifton (three hundred and thirty acres of land), fifteen thousand shares of the common stock of the Baltimore and Ohio Railroad, and other securities which were valued at seven hundred and fifty thousand dollars

Many persons have expressed surprise that Mr Hopkins should have e an investment in one corporation But the stock of the Baltimore and Ohio Railroad was free from taxation, for many years it paid a dividend of ten per cent per annuers, of whoe stock dividend would be declared at an early day Mr Hopkins not only gave to the University all the common stock that he held in this corporation; he also advised that the Trustees should not dispose of it, nor of the stock accruing thereon by way of increment or dividend In view of the vibrations to which this stock was subjected during the fifteen years subsequent to the death of Mr Hopkins, it should not be forgotten that it was his will that linked the fortune of the great educational institution, which he founded, to the fortune of another corporation, in which he had the highest confidence Fortunately, the crisis into which this union led, has been successfully passed The friends of the University generously subscribed for its support an ”eifts were made and others still are known to be in the future The Trustees, s of the common stock of the railroad company above mentioned, into its preferred stock, from which a permanent income of six per centum will be derived The finances of the University are now on a solid basis, although additional gifts will be required for the construction of buildings and for the enlargement of the course of study, and still more before a medical department can be instituted

PRELIMINARY ORGANIZATION