r.

"The president had taken into his own hands, at the desire of the
Board, the management of the finances and external interest of the
college, and continued to conduct, and regulate them, for five years,
through its difficult and trying scenes. Having, besides what has been
mentioned, among other arrangements, leased a number of lots
permanently productive, secured the appropriation of several valuable
tracts, in the vicinity of the college, to the use of professorships,
and provided relief by obtaining the means to free the seminary from
its weight of debts, he resigned to the Board, in August following,
the particular charge of the finances, except retaining in trust the
disposal of the college moiety of the township in Vermont till a few
years after, when he had completed the proposed object of settling and
leasing the same.

"The next year, 1790, there being no proper place for the public
religious and literary exercises of the members of the seminary, the
apartment of the old building falling into decay and ruin, he
undertook, made arrangements, provided the means, and erected by
contract, in five months, a chapel, near the new college edifice. It
is fifty feet by thirty-six, of two stories height, arched within and
completely finished, and painted without--convenient, and well adapted
to the objects proposed.

"He caused a new building [for Moor's School] to be erected and
finished, with a yard, in 1791--two stories high, the lower apartment
convenient to accommodate near a hundred youths. The school was
improved in the order and regulation of its members under the
distinguished talents and fidelity of their instructor Mr. [Josiah]
Dunham, the present Secretary of Vermont. At the request of the
Society three years after it was visited by a committee of their
Boston commissioners charged with the solution of a number of queries
in regard to its state, relations, and property. Their favorable
report was transmitted to Scotland.

"Of the large debts accumulated for the support of the school, in the
latter years of the first president, to discharge the most pressing
part, the Trustees had consented to the disposal of lands and property
in their hands, hoping that the amount would be replaced. The
advances, thus made, the president considered himself as holden in
justice to refund; and accordingly paid them for the college, in the
year 1793, $4,000, besides some items of small amount before. [Lands
also appear