of subscribing to the capital stock of the Bank any sum which the Legislature may think proper, & no doubt can be entertained but that this would be done.

establish schools,

increased.

The benefit to be derived from an appropriation of the state could soon stock to the Literary Fund, is, that it would establish, at it the fund is thus once, a permanent certain fund, upon which the State could rely, to carry into operation the system of schools in a short time. The annual interest to be derived from it, would be certain in amount, & after the system shall have commenced with such a fund, no reasonable fears could be entertained of their discontinuance. It would give confidence to the plan and inspire the whole community with a hope of its speedy commencement. It is hoped there are no grounds to believe the fund would not be prudently and faithfully managed. The President and Directors of the Fund are all amenable to the Legislature, & most of them can be removed at their pleasure. In common with their fellow citizens, they take and feel a deep interest in the prosperity of the institution committed to their care, and no doubt the State will, at all times, command their best efforts in its promotion.

We have the honor to be very respectfully,

Having agreed to and signed this report, the Board the

adjourned.

-From MS. Records of Literary Board.

The bill in favor

of Richmond

Academy.

Fails in the House.

The bill in favor of Spring Grove Academy.

16. LOTTERIES FOR ACADEMIES REFUSED.

A Bill authorizing the Trustees of Richmond Academy to raise the sum of ten thousand dollars by lottery.

Be it enacted by the General Assembly of the State of North Carolina and it is hereby enacted by the authority of the same,

That the Trustees of the Richmond Academy be, and they are hereby authorized to raise by way of lottery the sum of ten thousand dollars for the erection of two academies, male and female, the purchase of books, and for other purposes connected with the welfare of their institution. In Senate Jan. 3, 1827: Engrossed and examined. In House of Commons Jan. 3, 1827: Read the first time and passed.

In House of Commons Jan. 4, 1827: Read the second time and rejected.

In House of Commons Jan. 5, 1827: Reconsidered and again rejected.

A Bill to authorize the Trustees of Spring Grove Academy in Anson County to raise the sum of five thousand dollars by way of Lottery.

Be it enacted by the General Assembly of the State of North Carolina and it is hereby enacted by the authority of the same, That the Trustees of Spring Grove Academy in the County of Anson, be and they are hereby authorized and empowered to raise by way of lottery the sum of five thousand dollars to be appropriated and applied to the benefit of the said institution in such manner as the said Trustees or a majority of them may direct, and that the Trustees of said academy shall select from among themselves three proper persons whose duty it shall be to con duct and strictly attend to the drawing of said lottery. Engrossed and examined.

1 See debate on morality of lotteries on previous pages. This debate was instigated in the Senate by the Richmond Academy bill.

In Senate January 5th, 1827: passed.

Read the first time and Failure in the

In Senate Jan. 5, 1827: Read and ordered to be laid

on the table.

Read the second time and

In Senate Jan. 30, 1827: ordered that the Bill do not pass.

Senate.

3. CAUSES OF EMIGRATION.

4. GOV. BURTON'S MESSAGE ON EDUCATION.

5.

6.

ASSEMBLY COMMITTEES ON EDUCATION.

LEGISLATIVE INQUIRY INTO CONDITION OF LITERARY FUND.

7. SMITH'S BILL TO REPEAL LITERARY FUND LAW 1825. 8. DRAKE'S BILL TO REPEAL LITERARY FUND LAW 1825.

9. LITERARY FUND CLERK BILL REJECTED.

10.

REPORT ON LITERARY FUND REPEAL BILL.

11. DEAF AND DUMB INSTITUTION INCORPORATED.

12. SECOND REPORT LITERARY BOARD.

13.

EDITORIAL COMMENT ON REPORT OF LITERARY BOARD.

14. SPIRIT OF ECONOMY AND INDIVIDUALISM.

1. PROCEEDINGS LITERARY BOARD.

EXECUTIVE OFFICE,
11th Feby, 1827.

The Board met, on this day,

Present, the President and all the members.

It was Resolved, That the Treasurer be authorized to purchase stock of the State Bank, at a rate not exceeding par, & stock of the Banks of Newbern and Cape Fear, at n rate not above $85.

It was directed by the Board that letters should be directed to the principal Brokers in the United States, on the subject of purchasing the privilege granted to the Board of raising Fifty thousand dollars by lottery. The Board then adjourned.

-From MS. Records Literary Board.

Certain stock to be bought.