The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1827-07-23


ted, not only on account of the intimate know.
ledge y biel il was believed he possesses, Of the
affairs OF the college, having been chairman Of
committee In Congress 10 which memorial
from the trustees was referred, bot also On ae-
count of the known discrenon and ability OF u al
gentleman in the management oil important pub.
lc interests.
The committee were agreed in sentiment that
the resolution under which they had been APP
pointed, aud upon the import OF which theg were
about TO act, had sufficiently defined the scope
OF their du'y aud that all THEN discussions would
turn upon this one question, namely, whether
the sum OF fifty thousand dollars paid within the
space Of two years from tine time Of the Conycn-
ton. would be sufficient TO relieve the College
from the pressure of existing debt They were
OF opinion that this was the main question, but
thai il involved collaterally three other qucs.
tIons
/. VIII every dollar Of the $4,000 when
paid be made to take effect upon the College
debt
2. Can public confidence in The future admin
stration Of the financial affairs Of the College he
established
3. Is tIerea reasonable confidence that the ey-
ercses OF the Institution will he resumed, and
the designs offs founders realized
!. In considering the first question the com
mttee were not without the knowledge oil the
fact, that no principle affords stronger incen-
tive 10 the spirit OF donation, than the persuasion
Ia the mud OF the donor, that his bounty will be
made to tell upon the very obiec which he de-
signs to benefit. 1o them 1t appeared evident
that every nan who has the power to give. has
right TO know, whether lis bcnefaciions will be
veil n i'll huSbandcd whether MS quota will fall
INTO he general mass TO swell lis capacity, aud
rruder it more cihclent, or whether II will he
dispersed In idle experiments. In the present
case they can answer with a confidence winch
IN their mind i unmiXed with doubt that every
donation will certainty reach lis intended OBJ
1rCt--Ihes teel themselves entirely safe III pub
fishing to thCif brethren and TO the whole COM
mpnity. the decided conviction of THEN mind,
Fmst that Gftv thousand dollars in addition to
present means viii rescue the College from the
min which threatens il aud Secondly, thai cy-
cry cent OF thai amount when obtained, will be
faithfully and pruicntly applied TO the liquada-
nnn Of the debt. The calculation which the
committee thus positively announce is founded
upon 40 con ccturc, resulting from possible
change in the direction fthe interest ia ques-
ion. They have madc a successful appeal 10
brother Of lheir own number whose high stand.
ing, mhlemlshed name aud dsting flushed intelli-
gcncc, are able 10 confer an important cha acter
Itpnn any undertaking, with a view to obtain II
The college his residence and active service al
|ashngton City.--.Ihls brother, is the Rev.
Robert b Semplr otFTaina, He Will be ha1s-
erred, should providence permit, without de
law TO the scene Of his new and ardous dntes al
the college VIII be appointed President of the
Board of Trustees will have the immediate su.
perintendance ofall The pecuniary Transactions
Of The Institution and viii stand forth Ia the pub
lie eye, as a central aud responsible agent IN TIM