Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1859-12-30
THE MOUNT VERNON FUND.

A good many in this region have respond
ed to the appeal from the " Ladies' Mount
Vernon ASSOCIATION of the Union and they
and Others who are willing to add their con-
tributions to the same cause, will feel an in
terest in knowing the present condition ofits
aff.irs. There is another reason for few
words on the subject. There was report
abroad not long since, that Mr.. John A.
Washington, the owner Of Mount Vernon,
had been seriously involved in some western
snecuIations. and that the Mount Vernon
property was encountered heavily on that &C
count. The report was denied authoritatively,
we believe, as soon as made but in this
case, as in a thousand others, the provero
that lie will travel hundred miles while
truth is pulling on its boots, is verified we
presume, and probably many in our region
have heard OF the misstatement, and have
not got clearly into their heads its correc-
ton.
Miss CUNNINGHAM, the Regent of the As
ISOLATION, has put forth a circular on the
subject, from which we make such extracts
as will serve to place the matter in its true
light 1t IS to be kept in mind that the OBJ
object of the Assc ciaton being not only to
purchase the Mount Vernon Estate-the
Home of the Father of his country but to
preserve it in a suitable condition for the peo-
pie ofhs Nation, there was needed not only
the $500 900 TO be paid for the estate, but
large additional sum to be expended in put
ting it in good repair, and in keeping 1t so.
The purchase money is already secured, and
something more but by no means what Is
adequate to the other purposes alluded to-
A worthy lady of our neighborhood, Mrs.
Robert Rogers, has been and still is acting
in this business under the authority of the
Vice Regent of this State, Mrs. Hampder
Cults, Of Hartland and if the information
given will serve to tighten her labors and in
crease their proceeds, we shall be very glad
On the subject of funds raised and pay
ments made, Mrs Cunningham says
''In the faithful discharge of official duties
now lay before you an explicit statement
of the funds collected and disbursed. of the
claims still to be met and the necessities
which must be provided for in order to place
the Association in Z condition to assume the
possession of, and TO preserve and protect the
- sacred spot which it has SO triump hantly
won.
You are already aware that $4,000 wal
paid on the 9th of April, 1858, when thu
contract for Mount Vernon was signed by
the contracting parties The first bond 0
S57 900, due on the first of January, 1889
was paid on the I'd of December, 1858. Tn
payment of the ID bond of Sal ,666 &C, du'
on the 22d of February, 1860, was antici
pated on the ODD of February, 1859 Tn
Sd bond of Sal ,666 sc, due 22d February
1861, was anticipated on the 23d of March
1859, leaving to be cancelled only the At
bond of Sal .666 &C. due 22d of February
1862. OF this, $4,000 has been alread..
advanced, leaving a balance Of indebted
: ness of $1,000 &c, with interest on tn
bond from 9th April, 1858. Thus $l93,
333 33 has been paid towards the liquidation
of the debt of $780, 900, assumed by tn
Association The interest on the three bond
amounting to $6,6Ol 10, making the Who'll
amount paid over to Mr. Washington, IN
Guiding the principal and interest, $l99,
/ 934 81.