Page:A History of the University of Chicago by Thomas Wakefield Goodspeed.djvu/539

 THE DEVELOPING UNIVERSITY 471 dollars. Scientific apparatus had been gathered costing more than seven hundred thousand dollars. It has been told on a preceding page that in 1891-92 the total assets actually in hand did not exceed seven hundred thousand dollars. At the end of the first quarter-century, the assets, includ- ing those of the Divinity School, which were more than four hun- dred thousand dollars, exceeded thirty-five million dollars, with four millions yet to be paid of the Founder's final gift of 1910 a total of more than thirty-nine million dollars. The annual expen- ditures for the current work of the year grew from about three hundred and fifty thousand dollars for the first year of instruction to about one million, eight hundred thousand in 1915-16. They multiplied fivefold. The twenty- three departments of instruction of 1892 increased to thirty-three. The single Graduate School became two. The one Professional School became four, with many additional depart- ments of instruction. In its first year the University offered a large number of courses of instruction about seven hundred in all the schools and departments. This number, great as it was, had doubled in 1915-16. At the end of the quarter-century the faculty had increased from the one hundred and twenty of the first year to four hundred and fifty. The number of volumes in the libraries had grown from two hundred thousand to six hundred and fifty thousand books and pamphlets, valued at more than eight hundred thousand dollars. The enrolment of students the first year, which was a year of three quarters instead of four, was seven hundred and forty-two. For 1914-15 the total enrolment for the four quarters was seven thousand, seven hundred and eighty-one, and when these final pages were written it had become evident that the attendance for 1915-16 would considerably exceed eight thousand. The number of students matriculated had reached the somewhat surprising total of nearly sixty thousand. Some of these matriculants came to the University for a single quarter only, perhaps a Summer Quarter, and having secured what they sought, did not return. Many teachers, ambitious to improve, returned summer after summer. The University was organized to serve such students as well as to carry young people through a regular course to graduation or to a