Being such as graduates by preferment, at first named by the founder; and after the first settlement to be chosen out of the first or second colleges; with apartments in the college, and salaries. £ per ann. The general 300 The colonels 100 The captains 60 2,000 scholars, among whom shall be the following degrees: allowed £ per ann. Governors 100 10 Directors 200 5 Exempts 200 5 Proficients 500 Juniors 1,000 The general to be named by the founder, out of the colonels; the colonels to be named by the general, out of the captains; the captains out of the governors; the governors from the directors; and the directors from the exempts; and so on. The juniors to be divided into ten schools; the schools to be thus governed: every school has 100 juniors, in 10 classes. Every class to have 2 directors. 100 classes of juniors is 1,000 Each class 2 directors 200 1,200 The proficients to be divided into five schools: Every school to have ten classes of 10 each. Every class 2 governors. 50 classes of proficients is 500 Each class 2 governors is 100 600 The exempts to be supernumerary, having a small allowance, and maintained in the college till preferment offer. The second college to consist of voluntary students, to be taken in, after a certain degree of learning, from among the proficients of the first, or from any other schools, after such and such limitations of learning; who study at their own charge, being allowed certain privileges; as— Chambers rent-free on condition of residence. Commons gratis, for certain fixed terms. Preferment, on condition of a term of years’ residence. Use of libraries, instruments, and lectures of the college. This college should have the following preferments, with salaries £ per ann. A governor 200 A president 100 50 college-majors 50 200 proficients 10 500 voluntary students, without allowance. The third and fourth colleges, consisting only of schools for temporary study, may be thus: The third—being for gentlemen to learn the necessary arts and exercises to qualify them for the service of their country, and entertaining them one whole year at the public charge—may be supposed to have always one thousand persons on its hands, and cannot have less than 100 teachers, whom I would thus order: