ged that all money received from it should be applied to the humane
and generous purpose prescribed by the testator; and he contended that,
for the redemption of this pledge, it was indispensably requisite that
the funds thus locked up in the treasury, in bonds of these states, with
the accruing and suspended interest thereon, should be made available
for the disposal of Congress, to enable them to execute the sacred trust
they had assumed.
The committee then reported a bill providing, in effect, for the
assumption by Congress of the whole sum and interest, as a loan to the
United States, invested in their stock, bearing an annual interest of
six per cent., payable half-yearly, and redeemable at the pleasure of
Congress by the substitution of other funds of equal value. In
connection with this purpose they reported a bill making appropriations
to enable Congress to proceed immediately to the execution of the trust
committed to them by the testator, and for the fulfilment of which the
faith of the nation had been pledged.
In specifying the objects to which it should be applied, that of the
establishment of an Astronomical Observatory was not omitted. This
recommendation decided the fate of the bill; for there was no purpose on
which the predominating party were more fixed than to prevent the
gratification of Mr. Adams in this well-known cherished wish of his
heart.
In October, 1823, Mr. Adams, being then Secretary of State, had
addressed a letter to a member of the corporation of Harvard University,
urging the erection of an Astronomical Observatory in connection with
that institution, and tendering a subscription, on his own account, of
one thousand dollars, on condition a requisite sum should be raised, for
that purpose, within two years. His proposal not meeting correspondent
spirit among the friends of science at that time, in October, 1825, he
renewed the offer, on the same condition and limitation. In both cases a
concealment of his name was made imperative.[1]
[1] Quincy's History of Harvard University, vol. II., p. 567.
The establishment of an Astronomical Observatory was recommended in his
first message to Congress, as President of the United States; but the
proposition fell on a political soil glowing with a red heat, enkindled
by disappointed ambition. Opposition to the design became identified
with party spirit, and to defeat it no language of contempt or of
ridicule was omitted by the partisa
|