The president states that the endowment is $30,000, yielding an income of $1,500, which, however, not being adequate to constitute a full professor’s salary on a permanent foundation, the corporation deem it both their duty and the interest of the professorship to continue for a few years, in a modified form, the policy they have hitherto pursued, and by applying one third of the income annually to the augmentation of the capital, enable themselves to place the professor of natural history, at no distant period, on an equal footing with the other professors of the university. “To this end they propose to limit your duties, in case you are willing to accept the professorship, to instruction and lecturing in botany, and to the superintendence generally of the Botanic Garden (which they wish to renovate); limiting for the present your annual salary to one thousand dollars;” thus enabling me, as the communication proceeds to say, to devote all my time at present to my favorite pursuit, and to go on with the labors I have in hand. I have reason to hope, also, that by the time they are ready to give me the full salary, the zoölogical part will be separated from the professorship, with a distinct endowment. The Botanic Garden has an endowment of $20,000. If I should take this place, I should hope to see it better endowed before long, and should immediately set about the introduction of all the hardy trees and shrubs,--and indeed to enrich it as fast as possible with all the American and other plants that could be procured. In that case, separated from yourself by only fourteen to eighteen days’ navigation, I could hope to be a useful correspondent to you at Kew, and to show my gratitude for your continued kindness to me. I must here conclude, by stating that the president’s letter to me is to be deemed confidential, in case I do not accept the offer. I must therefore beg you to consider this letter likewise confidential, until you hear further from me, which you may expect to do as soon as anything is settled in regard to this matter. I am the less reluctant to leave New York since our good friend Dr. Torrey is at Princeton, New Jersey (only four hours from New York), renting his house in town, where for the present he will only remain during the winter. We have worked so long together that I shall feel the separation greatly. NEW YORK, 30th May, 1842.