RICHARD H. POWELL, Ala. DAVID CLOPTON, Ala. THOMAS J. KOGER, S. C. JAMES F. DOWDELL, Ala. TENNENT LOMAX, Ala. JAMES L. PIERCE, Ga. EDWARD WADSWORTH, Ala. ADDISON LEA, Miss. Rev. B. CRAVEN (Honorary), N. C. President Trinity College. The Finance Committee reported to the Board that the sum of $57,000 had been raised in subscriptions, bonds, etc., towards the endowment of the College. COLLEGE YEAR 1851-'52. A number of changes took place this year. Williams T. Davis, A. M., who had for many years successfully conducted the Preparatory School, retired to go to Petersburg, where he spent the balance of a useful life in the education of young ladies. He was temporarily succeeded by W. G. Foote, A. B., and later by James S. Kennedy, A. B., of Emory and Henry College. O. H. P. Corprew, A. M., tutor, was succeeded by Rev. J. A. Dean. The annual report mentions better financial condition; decrease in patronage, due in part to changes of teachers; the introduction of the "Demerit system," which is noted as having worked satisfactorily; also the establishment of the degree of "Bachelor of English Literature and Science," allowing a degree without taking classical studies. The Preparatory School at Ridgway, N. C., was discontinued. The other schools were reported as doing well, but no statistics as to numbers in attendance were given. The first volume of the _Randolph-Macon Magazine_, containing ten numbers and three hundred pages, was published in 1851. The Editors' Table states that "the primary object of our publication is the _enlargement of our Society libraries_." The following is another extract from the Editors' Table: "The time is at hand for us to throw off our dependence upon the North, and establish an _independent Southern_ literature." The old _Southern Literary Messenger_ was then published, and several _Reviews_, more or less literary. None of permanent standing are published now. Southern independence in government and literature seem to have both surrendered at Appomattox. Some of these young men laid down their lives for one, some have been too busy fighting "the wolf at the door" to do much for the latter. While we lament their defeat, we admire their pluck. The following is the title-page of Volume I.: [Transcribers' Note: In the printed book, the editors and agents are listed in two parallel columns. The left-hand column is headed "_From F.L. Society._" and the right-hand column is headed "_From W.L. Society._"] THE RANDOLPH-MACON MAGAZINE. PUBLISHED BY THE STUDENTS OF THE R.-M. COLLEGE. "_Adeo in teneris consuescere, multum est_." EDITORS: _From F. L. Society._ ROBERT M. MALLORY. WILLIAM Y. PEYTON. JOHN WILLIAMS. _From W. L. Society._ CHARLES H. HALL. JOHN S. JACKSON. THADDEUS L. H. YOUNG. AGENTS: _From F. L. Society_. JAMES SANGSTER. THOMAS C. THACKSTON. _From W. L. Society_. LEROY M. WILSON. EDWARD M. PETERSON. -----------------------