Chronicles of Notre Dame du Lac
Edward Sorin, CSC -- Translated by John M. Toohey, CSC, 1895

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1860

pg 399       entertained as to the future of a college which, as everybody 
             knows, needed an easy circulation of values to keep up a full 
             quota of pupils.  Such were the provisions of men, founded on a 
             state of things easy to grasp and analyze.  And yet from this 
             state of the country God drew entirely different results.  The 
             number of boarders increased by one fifty, and payments were 
             better, comparatively, than in previous years.  There were as many 
             as one hundred and seventy-eight students at one time in Notre 
             Dame, and St. Mary's Academy followed closely in the same forward 
             march.
                  As to the finances of the institution, there was no great 
             change in the treasury.  The amount of the debt was going down 
             very slowly, and it was fortunate that it had not risen at a time 
             when people had to live on their actual resources and meet 
             enormous interests without being able to sell anything.
                  The establishments of the Province were gradually becoming 
             more regular, and were growing more and more productive for the