2

borders.

I am fully conviced that it
is worse than useless for Kentucky &
Missouri to be attempting the
support of Colleges, without endow-
-ments or their equivalent. Kentucky
ought at once to enter heartily into this
Southern movement and the Conservative
clergy wd. gladly do so; but the Bishop is very
desirous of having a College and is sustained
by those sympathizing? with him, [who are?]
so feeble as not to afford him the necessary
aid. But after a few years more of
misfortune at Shelby, I think all will
be desirous of returning it to the people
of Shelby. There is no way out of
the difficulty but by _cutting_ the Gordian
Knot - -retroceding & giving it up.
Dr. Waller holds most selfishly his
mortgages of $40000 on the property, when
he is virtually secure (& _only_ thus) by
the lottery, ^he [receiving?] $6.000 per annum

borders.

I am fully conviced that it
is worse than useless for Kentucky &
Missouri to be attempting [the?]
support of Colleges, without [endow?]-
-ments or [their?] equivalent. Kentucky
ought at once to enter [heartily?] into [this?]
Southern movement and the Conservative
clergy wd. gladly do so; [as?] the Bishop is very
desirous of having a College and is [sustained?]
by those [sympathizing?] with him, [who are?]
so feeble as not to afford him the necessary
aid. [But?] after a few years more of
misfortune[s?] at [Shelby,?] I think all [will?]
be desirous of returning it to the people
of [Shelby?].. The[re?] is no way out of
the difficulty but by _cutting_ the Gordian
Knot - -[retroceding?] & giving it up.
[Dr. Waller?] holds most selfishly his
mortgages of $40000 on the property, when
he is virtually secure (& _only_ [thus? this?]) by
the [lottery?], ^he [receiving?] $6.000 per annum