When the experimental farm was located in Story County, the College received in donations from that, and the adjoining county of Boone, and by individual contributions in those counties, the sum of twenty-one thousand three hundred and fifty-five dollars.

We extract from the Annual of the State Agricultural College for 1871, from which source most of the statistics embodied herein are drawn, the following list iu detail of

APPROPRIATIONS MADE BY THE STATE FOR THE BENEFIT OF THE AGRICULTURAL COLLEGE.

“In tha act establishing an Agricultural College, passed by the Seventh General Assembly in 1858, there were appropriated by the State—

For the purchase and improvement of land ............. $10,000,00
For the use and benefit of the College, 
the proceeds of the sale of five sections
 of land, known as “Capitol Lands.” Estimated at......  16,000,00
Total previous ~ Congressional grant.................. $26,000.00

In compliance with the conditions of the Congressional Land Grant, there have been appropriated by the State the following sums:

1862 Sept 11 By Ninth General Assembly—Extra Session.
For location of Congressional Grant.....................$1,000.00

1864 Mar 22 By Tenth General Assembly.
To Aid in erection of college building.................$20,000.00

1866 April 2 By Eleventh General Assembly.
For completing college building........................$91,000.00

1868 April 3 By Twelfth General Assembly.
For heating and cooking apparatus.........$10,000.00
For professors' houses..................   12,000.00
For water, clocks and bell...............   2,000.00
For outbuildings and ornamental grounds..   1,000.00
For extra work on college building.......   3,000.00
For use of farm, and other purposes......   9,750.00
1868 April 8
For completing college building.........   10,000.00
Total for Twelfth General Assembly..................   $47,750.00

1870 April 13 By Thirteenth Genearl Assembly.
For extending and completing wings
               of college building....... $50,000.00
For building and completing laboratory....  5,000.00
For erection and completion of workshop...  5,000.00
For erection of gas house.................    500.00
For farm improvements.....................  2,000.00
For seeds and plants for experimental
                              grounds.....    500.00
For tile draining.........................  1,000.00
For professor's dwelling house............  4,500.00
Total for Thirteenth General Assembly...............   $68,500.00
 
Total appropriation since Congressional Land Grant    $228,250.00
Add previous appropriations                             26,000.00
                                                      ———————————
Total appropriations since founding of college        $254,250.00”

The endowment fund of the college consists of two hundred and four thousand three hundred and nine acres of land, embracing all which was received by the State under the Congressional grant.

“At the same session of the Legislature in which this munificent endowment was confirmed to the Agricultural College, Governor Kirkwood and Senators Gue and Clarkson formed a scheme for realizing an immediate fund by leasing the lands, instead of offering them for sale. This scheme was approved by the Legislature and passed into a law which authorizes the trustees to lease for a term of ten years any of the endowment lands. The lessee by the terms of the act pays annually in advance eight per cent. interest on the appraised value of the land, with a right to purchase at the expiration of the lease. In the case of failure in the prompt payment of the interest when due, the land. with all improvements reverts to the College.

The lands embraced in the grant were subsequently appraised, and Hon. Geo. W. Bassett was appointed Agent of the Board at Fort Dodge, for the granting of leases, and the collection of interest money accruing therefrom.

Under the efficient management of Mr. Bassett the lands have been leased, and the proceeds, when fully paid in, amount annually to thirty-six thousand dollars; which sum is “appropriated,” according to the terms of the Congressional grant, “to the endowment, support and maintenance” of the Agricultural College. Owing, however, to the forfeitures on account of the non-payment of interest when due, the actual annual income of the College is not above thirty-one thousand dollars.”

Thus it may be seen on what basis this institution rests, and how justly every citizen of our State regards it with grateful pride. It may not be deemed improper to insert here the text of the special act of our legislature, forbidding the sale of intoxicating liquors within two miles of the college.

Be it enacted by the General Assembly of the State of Iowa, That from and after the fourth of July next, no person shall open, maintain, or conduct, any shop or other place for the sale of wine, beer, or spirituous liquors, or sell the same at any place within a distance of two miles from the Agricultural College, in Story county: Provided, That the same may, be sold for sacramental, mechanicai, medical, or culinary purposes.

Any person violating the provisions of this act shall be punisheed on conviction by any court of competent jurisdition, by a fine not exceeding fifty dollars for each offense, or by imprisonment in the county jail for a time not exceeding thirty days, or by both such fine and imprisonment.

Approved, April 7, 1868.