The home journal. (Winchester, Tenn.) 1858-188?, 1859-08-25
FfOW Inc N1NNNlTTN T0NWrT
UNIVERSITY OF THE SOUTH.


BEGRsmEUA SPRINGS, Aug. Is, 80.
Mrssns EDlToRs Tho Board Of
Trustees Of the University Of the South
has iust closed another annual mcclng
the PROCEEDINGS Of which will soon be
published to the world.
There was a large representation in at,
tendance, every Diocese except Texas,
being represented, either in the EpSco.
oaI order, or by clerical orIay delegates.
The session was one OF great harmony,
and the result of its deliberations calcu.
lated TO inspire the feeling that the grand
enterprise which the Bosrl has taken in
hand is now one Of no doubtful conse.
qucncc. Everything points to a success.
iul consummalion. God speed lhework
The various committees appointed at
the annual meeting rendered reports up.
on the objects with which they had been
charged, except the committee to prepare
a Constitution for the government Of the
University. Two prominent members Of
that committee, one of whom was the
chairman. having been occupied, at the
time agreed upon for meeting in the i'm
porant business of collecting the en-.
! dowment, it was not called together du.
ring the year. But the members of that
committee have not been idle. In the
mean time they have been collecting in.
formation from every quarter, and by ev.
cry available means; and when called to.
gclher, as they will be in the course Of a
few months, they will be able to enter up.
on the duty assigned them, with greatly
increased facilities for giving proper shape
to their plans, aud bringing their work to
,, d successful termination.
"' But as is well known, the principal
object of this meeting was to receive the
r report OF the commissioners appointed to
raise the endowment for the University,
and TO take such action thereupon as the
exigencies Of the case should demand.
Owing to circumstances beyond their
: control, the commissioners had been able
to devote only few weeks to the work
! with which they were charged. The op:
eralions were confined almost entirely 10
Louisiana, in consequence OF having made
New Orleans the basis oI Interpretations.
Nor did they by any means exhaust even
that field. And yet the result was 1868,
, $50 in cash, bonds and notes payable in
! available periods, and over $4,000, in
pledges from entirely reliable sources, to
be fulfilled within short period. This
| last scm was not included in their report,
inasmuch as ithad not been actually Sc
cured by bonds or notes.
In the opinion Of the commissioners,
the minimum amount fixed by the Board
in their declaration Of fundamental prn.
ciplcs, ,o.wit $500, 900, could have been
easily secured by skimming the surface o
the associated DOccses; but in view oil
the magnitude Of the enterprise underta.
ken. and the very large amount OF capl.
"a tai necessary 10 put it into operation, ani
Ato carry il OIL successfully, they deemed
: i, expedent to suspend Iurher exeEtlons
until ~ time as they could canvass
thoroughly each particular Diocese
From the intelligent appreciation Of the
enterprise in which they were enlisted,
and the generous liberality with which
they were universally met, they felt fully
aulhorizel to assure the Board that the,
regarded the securing Of the entire endow
ment as thing beyond all question:
The commissioners were re.appointod b.
the Board, and also an Executive Com
mi,,ce appointed, charged with the duty
Of breaking glound Of the University site
so soon as the minimum sum stipulated
shoulPbe received.
The committee met on the day succeed,
ing the adjournmsnt ofins BOafd' anu