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[illegible][is to enable me?] to offer the following cautions:

Your purpose, if I understand it aright, is to secure a practical and useful education to a large number of the children of those who are not well able to defray the cost for themselves. Many such Institutions have been founded in the past, in England and elsewhere, and almost all have in the end been [converted? perverted?] to other ends and uses. If you will refer to some of the proceedings of Lord Brougham, when he became Chancellor of England, you will find how insidiously these mutations were accomplished.

1st. The Board of Trustees are respectable and wealthy of course, and begin at once, and openly, to admit the children of their own Class, and no others, till it becomes a High School for the Wealthy. This must be foreseen and forbidden by the most stubborn rules and laws, defining who shall, and who shall not, and in what proportions, be beneficiaries.

2nd. The same end is affected in another

[illegible][is to enable me?] to offer the following cautions:

Your purpose, if I understand it aright, is to secure a practical and useful education to a large number of the children of those who are not well able to defray the cost for themselves. Many such Institutions have been founded in the past, in England and elsewhere, and almost all have in the end been [converted? perverted?] to other ends and uses. If you will refer to [some?] of the proceedings of Lord Brougham, when he became Chancellor of England, you will find how insidiously these mutations were accomplished.

1st. The Board of Trustees are respectable and wealthy of course, and begin at once, and openly, to admit the children of their own Class, and no others, till it becomes a High School for the Wealthy. This must be foreseen and forbidden by the most stubborn rules and laws, defining who shall, and who shall not, and in what proportions, be beneficiaries.

2nd. The same end is affected in another