Peter Cooper

([New York] :  The Alumni Association of the Cooper Union,  [c1891])

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will require an endow^ment of $500,000. To meet the addi¬
tional expense for instruction, at least $250,000 will be needed.
The Trustees make these facts known in the hope that the
additional endowment will be soon provided by the beneficence
of enlightened donors who apppreciate the value of the work
which the Cooper Institute is doing, and can greatly enlarge,
for the benefit of the city of New York."

No figures can express the incalculable good which this
noble institution has done, and yet it is well io look, on the
one hand, at the amount of money which has been spent since
its foundation, and on the other, at the thousands who have
been benefited by it, aye, the hundreds of thousands to whom
its beneficial influences has spread indirectly.

Therefore, inadeQu?»tr -s tliey are to represent the mental
and moral gain, ihe toUowing figures are given to show how
much good can be done with money wisely and economically
used :

The original cost of the Cooper Union   building

when conveyed to the Trustees...............$   630,000.00

Cost of reconstruction of foundation, &c.........      315,000.00

Total receipts from rents.......................   1,023,810.97

Total receipts from donation^...............        51,190.39

Total receipts from sundry other ^oureec........      —^;5^S-j9

Total aggregate receipts to Jan. i, 1890.........   1,263,526.75

Total expenditures for carrying on the various de-

partm.eTits, from 1859 to 1890 inclusive (32 years)  1,299,216.79
Total expenditures on building and education to

Jan. ist,  1890___,...................     ....   2,244,216.79

On the 22nd day of December, 1863, Mr. and Mrs. Cooper
celebrated their golden wedding, and we love to turn aside for
a moment from the busy public life of our benefactor to his
quiet home life, as he sits by the evening fire with the wife of
his youth at his side, or smiles on the sports of his grand¬
children.

In 1869, December 19th, the shadow of death fell across
that happy home ; the companionship of fifty-six years was
broken ; the partner of all his struggles, his hopes and tears,
his trials and triumphs, was taken from him. It was a griev¬
ous affliction ; but full of the hope of immortality he looked
forward to the time when he should meet her again in the
land where ''there shall be no more parting."

In 1874, on his 84th birthday, a beautiful tribute was
offered Mr. Cooper in the form of a reception tendered by the
Arcadian Club.

Many eminent in the professions and in public life, to¬
gether with representatives from the Institute, met and congrat¬
ulated him that night.    In reply he said :

" For the gracious manner and kindly words in which you
have made me welcome to your hospitable home, and more
hospitable hearts, be so good as to accept my cordial thanks ;

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