Economics -- Early works to 1800; Finance -- Great Britain; Great Britain -- Economic conditions -- 18th century
FIRST COLLEGE.
£ per ann.
The general 300
5 colonels at £100 per ann. each 500
20 captains at 60 ,, 1,200
100 governors at 10 ,, 1,000
200 directors at 5 ,, 1,000
200 exempts at 5 ,, 1,000
2,000 heads for subsistence, at £20 per head per 40,000
ann., including provision, and all the officers’
salaries in the house, as butlers, cooks, purveyors,
nurses, maids, laundresses, stewards, clerks,
servants, chaplains, porters, and attendants, which
are numerous.
SECOND COLLEGE.
A governor 200
A president 100
50 college-majors at £50 per ann. each 2,500
200 proficients at 10 2,000
Commons for 500 students during times of exercises at 2,500
£5 per ann. each
200 proficients’ subsistence, reckoning as above 4,000
THIRD COLLEGE.
The gentlemen here are maintained as gentlemen, and 25,000
are to have good tables, who shall therefore have an
allowance at the rate of £25 per head, all officers
to be maintained out of it; which is
100 teachers, salary and subsistence ditto 4,500
50 college-majors at £10 per ann. is 500
Annual charge 86,300
The building to cost 50,000
Furniture, beds, tables, chairs, linen, &c. 10,000
Books, instruments, and utensils for experiments 2,000
So the immediate charge would be 62,000
The annual charge 86,300
To which add the charges of exercises and experiments 3,700
90,000
The king’s magazines to furnish them with 500 barrels of gunpowder per
annum for the public uses of exercises and experiments.
In the first of these colleges should remain the governing part, and all
the preferments to be made from thence, to be supplied in course from the
other; the general of the first to give orders to the other, and be
subject only to the founder.
The government should be all military, with a constitution for the same
regulated for that purpose, and a council to hear and determine the
differences and trespasses by the college laws.
Public-domain text, read in full here on John Shaqi.
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