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orleans, tulane and princeton


TULANE, Paul, American philan thropist : b. Princeton, N. J., 6 May 1801; d. there, 27 May 1887. He came of a distinguished family of French jurists, the probate judgeship of Tours having been in the Tulane family for 150 years. His father, Louis Tulane, came •to America about 1795 and settled on a farm near Princeton, N. J., where his family lived for many years. Paul's early education was limited to a common school training, and he worked on the farm and, later, assisted in keeping a small grocery. About 1819 he went to New Orleans, settled there, and with the aid of a French cousin, then in America, opened a general mer chandize store in 1822. By 1828 he had amassed a fortune of $170,000, a large amount at that time. He continued in a prosperous mercantile career until 1858, when he retired from active business, purchased a residence in Princeton and divided his time between it and New Or leans for many years, continually increasing his property both in the Crescent City and at the North until his death. His interest in edu cation appears to have been first awakened dur ing the trip with his cousin in 1819 on observing several young Creoles from New Orleans on their way to Transylvania University, in Ken tucky. He seems then to have been struck with

the fact of the lack of educational advantages these ese young people at their home.

interest bore fruit in the fact that, entirely without solicitation, he formed in 1882 a group of friends into a body which incorporated itself as uThe Board of Administrators of the Tu lane Education Fund." To them he gave in trust a considerable property, without specific instructions except that the fund donated was "'for the promotion and encouragement of in tellectual, moral and industrial education among the white young people in the city of New Orleans, State of Louisiana." By contract with the State, securing thereby exemption from taxation on its property, the board thus formed took over the University of Louisiana, founded in 1832, the name of which was then changed to Tulane University of Louisiana (q.v.). His first gift for educational purposes in New Orleans consisted of his New Orleans real estate, valued at about $363,000. By subsequent gifts his en dowment was raised to a total of $1,100,000.