Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1856-01-04
AN IMPORTANT SUBJECT.

The subioiued bill reported from the Committee OF
Schools and Colleges ID now before Inc House VI
Delegates 1t il needless for us to say 'hat II meets
our approval. The Colleges OF Virginia constitute
An important and essential part OF her edueationai
systsn aud as such deserve assistance at the hanus
OF the Legislature. They have to great extent oeeh
established BY private n.nifcence; they now ask the
State to aid them in pertectinS their endowment anu
in extending ali the facilities OF collegiate lus'ruc"o"
20 those who NAY enter their precincts mere
tosora have too much gone abroad to seek u Gle""S
of education-it is time that Virginia 81 ii pace
her own literary institutions upon such o"s!s hat
hs- vnupg men will have no iuduceinent 10 80 10
,,b., States for instruction. We believe that the ell.
,c,nent Of the provisions of this bill will accomplish
that desirable object without detmcn; 20 any inter
est, withou: impai,ius tho efficiency OF primary
school, and academies the hand or OF the on'-
1ersi,y On the other; indeed, we believe that tue
passage Of this bill by the Geuer"! Assembly will con-
,olidste the educational interests of the State aud
ivs increased energy and success to the various parts
,f n. SYSTEM The provisions OF the bill just aud
smple-un;,ing private Nbtral;y and State aid, AMI
promising the haPpieet results 10 the prosperity ana
glory of Virginia, without increasing i'll the le"et de-
gree the to be raised by taxation or Imposing
upon tue people any douulohhl oeioe"-
A BILL
p,o,.d;,p for the permoY,nt cudormcnt Of tie Col
kyss ct Virginia.
DO 1t enacted by the General Assembly, LINT inc
surplus of the annual revenue Of the Literary Fund
.hnr, nipcty .nne thousand five hundred dollars,
,hal be appropriated 10 the colleges OF the Sate, at
ter the following manner and 10 the following extent,
"a Wit: Whenever William aud Mary, Washington
Hampden Sydney, Enndoph Macon, Richmond,
Emory and Henry, Bethany, Roanoke, or LyuchburG
colleges, or such other amy one OF such others ~
the General Assembly may hereafter designate, shall
.,t;sfy tho Board OF tho Iterury Fund TINT It has
md in addition shall transfer 10 said board fifty thou,
..na dollars 10 State securities, TO be held
in trust for said college, it sha!i ANNUALLY re
c.iye ipteres. upon seSonty-hve thousand doiars
provided the surplus above named DC sa.',csn' 10 a.
NV all the colleges complying with the above c"nd
,;,ns interest upon saii sum- md II said surplus %,
not sufficient it shall Lr divided equally among INT
collage, 30 complying each one receiving interest up
on ,be securities transferred othe Board ahu' III d"
d;,;on. il. share Of the surplus aforesaid.
I,the expiration Of Eve years from the first day
,sn,orv. 1857 any one and all Of the colleges afore
sn;d shall bs allowed to Increase their transfer o
Sta,e securities TO the Board OF the Literary Fund t.
thousand dollars, and 10 receive annual,
;,.r.sy AEON one hundred and twelve thousand nv
Lmndred dollars provided the surplus above nance
bs suf cent for the purpose; ana II oe not suCent
il shall be divided among the colleges S"mplyn:
With the conditions specified according to the amour
nj securities transferred each one receiving nteres
mon the securities transferred by it 10 the board and
IN addition it's pro rata share OF the aforesaid
Atthe expiration of ten years from me nrst Gay
J.nnnry 1857 any one and all OF The colleges atore
named shal! be allowed to increase their transfer
S,n,s Securities TO the Board of the Literary Fund
one hundred thousand dollars anu 10 receive ahhua
~ interest upou.one hundred and fifty thousand DO
lars provided the surplus above named pc sun
.;sn, pr the purpose; and il it be not sufficient.
shall be divided among the colleges complying WI
tbs CONDITIONS specified, according to the amount