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OF THE

PRESIDENT AND TREASURER

TO THE

TRUSTEES

WITH ACCOMPANYING DOCUMENTS

FOR THE YEAR ENDING

JUNE 30, 1925

COLUMBIA UNIVERSITY

NEW YORK

1926

ANNUAL REPORT

OF THE

PRESIDENT OF COLUMBIA UNIVERSITY

TO THE TRUSTEES:

There is submitted herewith the Annual Report prescribed by the Statutes of the University, together with the reports of the chief administrative officers. Since space does not permit adequate examination and discussion of the important recommendations contained in these reports, the Trustees and the appropriate Committees are respectfully requested to examine with care the discussions and recommendations that are contained therein.

The Year

1924-25

During the year there have been many happenings of more than usual significance and importance, including an exceptional number of weighty contributions to knowledge in many different fields. Personal changes due to the passage of time have gone relentlessly on. With the solution of one problem or the satisfaction of a long-felt need, new problems come to the surface and new needs become urgent. The course of the University's life is so even and so orderly, its vitality so marked, and its accomplishment so obvious, that there is no reason for unhappiness even if some problems loom so large at the moment as to seem almost insoluble.

The most important happenings of the year include an impressive series of publications by the Columbia University Press, among which are a new edition of John Stuart Mill's Autobiography and the final volumes

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