14

8. the extinction of the University could impair the [?]
and influence of Virginia with her sister States of the South & West,
which since the war, more than before, are disposed to regard her with
affectionate esteem, and to commit their sons to her for educati
knowledge is always power, and to educate the youth of a State in em-
phatically, in the best sense, to rule it. The more reduced the for-
turns of one Commonwealth, the less can it afford to abdicate the seat
of such an Empire.

9. Suspension of the Institution is probably the extinction of
the reputation and success which it attained under farming aus-
pices, not susceptible of renewal, and endangers even its existence,
except as a mere local seminary.

10. Several economical considerations-

The Commonwealth having expended not less
than $500,000 in permanent buildings, to say nothing of
apparatus & library, cannot design to leave them uncared
for, to sink into decay & ruin. But to protect & preserve
them will cost from $5,000 to $7,000, and $8,000 or $10,000 more
will maintain the Institution in active, & most beneficent op-
ration.

The maintenance of the University will keep
within, and bring into the State, according to Dr Rice's estimate,
not less, in the aggregate, than half a million annually, which
would otherwise be lost to us. And this vast saving is effect-
ed by an outlay of only $15,000, which is about 1 1/2 cents to each
individual.

Reduced as are the circumstances of the great bo-
dy of the people of Virginia, they peculiarly require the help
afforded by the public contributions, (which at the rate just men-
tioned, of 1 1/2 cents to each person, is not felt), to sustain their
principal literacy institution, where alone, within the limits
of the {most} State, the most liberal education is to be obtained.