The Indebtedness of the City of New-York to Its University

My friends! You know it is true that this has been the feeling, and the University has remained submissive and without a reply. From time to time, as emergencies arose, generous and religious men here and there have afforded relief, but the City has stood aloof. And by degrees there have crept in among some of us, misgivings, - nay more, by hearing the thing reiterated so Often, we may have come to believe that our duty has been very imperfectly done.

Is it not then right and expedient, if there be among us one, who from position and connection has the necessary knowledge, that he should stand forth and answer? That is what I am going to do tonight. I have served the Univer sity for nearly two-thirds of its existence, and sometimes under circumstances of responsibility. For what may be now said, no one but myself is accountable; it is not the result of the promptings or counsel of any person. I trust that what may be presented to you, and through you to the public, may tend to awaken a better feeling towards this deserving institution.

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