The university was closed from 1861 to 1865 during the American Civil War. After reopening, it went through a period of financial challenges because of an extended agricultural depression in the South which affected the nation's economy. Paul Tulane, owner of a prospering dry goods and clothing business, donated extensive real estate within New Orleans for the support of education. This donation led to the establishment of a Tulane Educational Fund, whose board of administrators sought to support the University of Louisiana instead of establishing a new university.
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Kutha Kutha(Flash Flash)
Sunday, December 19, 2010
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The university was closed from 1861 to 1865 during the American Civil War. After reopening, it went through a period of financial challenges because of an extended agricultural depression in the South which affected the nation's economy. Paul Tulane, owner of a prospering dry goods and clothing business, donated extensive real estate within New Orleans for the support of education. This donation led to the establishment of a Tulane Educational Fund, whose board of administrators sought to support the University of Louisiana instead of establishing a new university.
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