Semi-weekly Camden journal. [volume] (Camden, South-Carolina) 1851-1852, 1851-11-28
SI,9O4,JS0 81
S3,350,000
i 10000


Deduct fire loan bonds, 100000
S29l000O
The entire profits, after paying all eH-
pepses. are 5000, 90
Deduct interest on fire loan bonds :,S000
$212OO0
1t will be seen by the above statement that
the Bank has realized profit of something over
nine per cent. Oh its capital.
In conformity to resolution passed at your
last meeting, appointed an agent to receive
the share OF the proceeds of the public lands
assigned to this State under the act ofCongress
CT the 4th Of September, 1871. The amount
paid him was
SlS,3lI 90
Deduct commissions paid agent, 700 90
Sl7,5l4 90
which sum is deposited in the Bank of the
State to the credit of the Governor. | await
your further directions as to its disposal.
The South Carolina College, which has been
so literally endowed by your enlightened gen.
erosity, and looked upon us the pride and Or
nament of our State, is in most fourishiug
condition. Under the auspices of its accom-
plished president and able professors, its repu.
tatonis daily extending, and students are drawn
to it from nearly all the Southern and Sout'l-
western States. Although the western wing Of
the North College was burnt down ih Apri!
last, vet it caused no suspension Of the usual
routine Of duties either Of professors students
. This injury to the building was promptly re-
|!aired and paid for out OF the tuition fund. As
this first admonishes US of the dangers to which
so large an amount of public property is ex-
posed, beg leave to call your attention to the
propriety Of having all the College buildings
insured.
The important science Of geology and mine
ralogy, which for years has. been SO entirely
neglected, is now taught with greas ability
increased, and although it is still comparatively
small, yeti its elegance and propriety Of arrange
ment not only present most attractive aspect
to the visitor, but reflects great credit upon the
skill and industry of the able professor of that
department
regret to announce to you that the valuable
services of DR.. Thornwcl!, whose eminent piety
and profound learning rendered him one of It's
brightest ornaments and strongest props, were
lost to the College by his resignation, which
was rendered to and accepted by the trustees at
their May meeting. 1t is also with painful
emotions that inform you Of the heavy blow
it is to sustain in the contemplated resignation
of its venerable president, who, with Jealous
fidelity, has discharged the delicate and laborl-
Gus duties of his office in such manner rs to
give an additional lustre to his already extend
ed reputation, and to the brilliant fame he has
won for himself in other fields. 1t is most
deeply to be deplored that continued ill health
forces him to take that step which vii! deprive
the rising generation Of our State of the exam-
pie of one whose commanding clOqucnce,
whose pure morality, springing from highly
cultivated mind and heart, was destined TO eX-
ercise such happy influence over them jus.
tice requires that should mention, to the credit
of the other professors, that the deficiency re.
sulting from the inability Of the President to
complete his course Of instruction to the class
es was promptly supplied by the assumption Of
additional labors by them.
The experiment Of our Military Academies
has succeeded beyond the most sanguue ex-
pectations of their early friends. The Cadets
now number at the Citadel l03 Tone hundred
and three aud at the Arsenal 81 (twcn:y-scv
er.} The increasing popularity OF these Schools
call for al extension in the buildings. At the
last annual meeting Of the Board Of Visitors at
least one hundred applications for admission
were rejected, for the want of means OF accom-
nlodation Ii the buildings were extended, and
the annual appropriation increased, the number
of Cadets might be doubled IN the course OF a
year. Already sixty.cight applications have
been made for pay pupils alone, and this num-
Der we may calculate will be greatly increased
by the next meeting of the Board. The Board,
with the view of receiving larger number of
Cadets, ask for AIN appropriation of $1,000 item
thousand dollars.) for the purpose of enlargng
the buildings of the Arsenal in Columbia, so as
to accommodate the whole of the fourth class
in that place By doing this, two hundred Ca
diets (200) can be received at the two schools.
think that the funds Of the State could not be
expended in a more pr~stablc manner than to