His term of service (1830-1874) was the longest on record. The School of English, under Prof. Price, had shown great progress, and had become the most popular of all in the College, evidenced by the fact that out of 235 students, 191 took the English course. The report of the Financial Secretary gave the following items: Assets, . . . . . . . . . . . . . . . . . . . . $72,496 47 Liabilities, . . . . . . . . . . . . . . . . . . 21,538 12 Net balance . . . . . . . . . . . . . . . . . . $50,958 35 This exhibit of the finances was particularly favorable and gratifying when it is remembered that the country had in the past year passed through one of the severest financial panics ever known, a panic whose withering effects on business did not cease for many years. The College, in common with all other enterprises requiring the use of money, felt the effects of it, and it might be said that it felt it for nearly a score of years. A called meeting of the Board was held in Richmond during the session of the Virginia Conference, November, 1874. This meeting was held to bring the College more particularly to the attention of the Conference with a view of enlisting its members in a hearty effort to raise $50,000, to be used in increasing the facilities of the College, specially in buildings and apparatus. The action of the Trustees was laid before the Conference, and the following action was taken thereon: "1. That we will seek to raise within the bounds of the Virginia Conference $50,000 for the College, to be expended in the erection of suitable buildings under the direction of the Board. "2. That the Joint Board of Finance apportion this amount among the districts of the Conference. "3. That all the preachers be solicited to do their utmost to secure the full amounts apportioned to their respective districts." At the annual meeting of the Board, held June, 1875, the announcement was made of the death of two of its most useful and venerable members, viz., D'Arcy Paul, of Petersburg, and Rev. Henry B. Cowles, of the Virginia Conference. It would be meet and right to give the tributes paid to these Trustees, so worthy of them, if space allowed. The first had served most faithfully for a period of thirty-five years, and the other thirty-three.