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The medical department is flourishing in a high degree- the
state is peculiarly interested in the continued prosperity of this
establishment and your committee beg leave to refer to a letter
of Professor Drake marked M, as a part of their report.

Nothing can be more grateful to the pride of a Kentuckian
that the recollection that the land which was so lately the
haunt of the Buffaloe and the Indian, is now the seat of cultiva-
tion and of literature, of the sciences and of the arts.

Much praise is due to the President of the University for its
present prosperity- much to the citizens of Lexington for their
co-operation.

With many local advantages and the advantage of an old, a
wealthy and dense population, it is believed no literary institu-
tion is at this day, take it all in all, more flourishing than Tran-
sylvania University.

The committee would suggest for the consideration of the
Legislature, whether it would not be expedient to appropriate
the dividend of the branch of the Commonwealth's bank, located
in Lexington, after discharging what is now due by law to the
University, to the defraying one half the expenses of such build-
ings as are required according to Dr. Drakes latter, for the
medical institution, upon condition of the other half being paid
by subscription, provided the half paid by the state should not
exceed $4000.

The committee would do injustice to their feelings were they
not to express their highest admiration of the plan of govern-
ment, adopted for the direction of the students, as developed in
the Presidentd communication to the board of Trustees. They
do not, cannot doubt its efficacy and complete success, when ad-
dressed to the affec tions, the honor, and the pride of liberal, en-
lightened and moral agents.

THO. D. CARNEAL, Ch. Sen.
YOUNG EWING
R. B. NEW, Ch. H. R.
SILAS EVANS,
P. TRIPLETT,
JACOB A. SLACK,

K.

Transylvania University, Debtor.

1824, September 1, - To amount of note payable to
office of discount and deposit of the Bank of the
United States, $5,775 00
Salaried due and payable as follows, viz:
To President Holley, payable 1st Oct $735 00
Professor Bishop, do. 300 00
Professor Butler, do. 320 00

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