No one at this period would have dared to predict that Harvard College would have in 1892 an endowment of $12,000,000 and an annual revenue of more than $1,000,000, with seventeen departments of instruction, three hundred teachers, and three thousand students. But such has been the phenomenal growth of some of our American institutions. Among the colonial colleges, that of William and Mary is one of the most important. As early as 1617, an attempt was made in England to raise money to found a college among the Virginia settlers. In 1619, fifteen hundred pounds were in the hands of the treasurer, and ten thousand acres of land were granted by the Virginia Company. A preparatory school was founded two years later, but owing to the Indian massacre of 340 settlers which followed, the enterprise was suspended. The effort to found a college was subsequently revived in 1660. The Virginia Assembly enacted that "for the advancement of learning, education of youth, supply of the ministry, and promotion of piety, there be land taken for a college and free school." Nothing came of this until 1688, when a subscription was taken from wealthy planters for twenty-five hundred pounds for the college. Five years later (1692) the first royal educational charter in America was granted. The college was established at Williamsburg, Virginia, and was given L2,000 and 20,000 acres of land, a tax of a penny a pound on all tobacco exported from Virginia and Maryland, and the duty on furs, skins, and liquors imported, besides other fees and privileges of the Surveyor General's office. "In its royal foundation, its generous endowment, and liberal patronage," says R. C. Boone, "it stands in sharp contrast to the early years of Harvard. This was established by the Puritans, and stood for the severest of ultra-orthodox though dissenting Protestantism; that was founded to be and was an exponent of the most formal ceremonialism of the Church of England. The one was nursed by democracy; the other befriended by cavalier and courtier. Endowment for the one came from the purses of an infant and needy settlement; the other was drawn from the royal treasury. The one was environed and shaken for a hundred years by the schisms of a controversial people; the roots of the other were deep in the great English ecclesiastical system." This college has been called a school of statesmen. It was here that Jefferson, Randolph, Tyler, Monroe, Blair, Marshall, and other prominent statesmen received their training.