The Dr. John Carpenter just mentioned must not be confounded with the Town Clerk of that name, the compiler of the famous _Liber Albus_ and the founder of the City of London School. There is little known of the foundation of this latter school beyond the statement made by Stow a century and a-half later, that he "gave tenements to the city for the finding and bringing up of four poor men’s children with meat, drink, apparel, learning at the schools in the universities, etc., until they be preferred, and then others in their places for ever."(1044) Within the last few years the City Chamberlain’s accounts—touching "the lands of Mr. John Carpenter, sometyme commen clarke of this cittie"—have been brought to light, and serve to supplement in a small way Stow’s meagre but valuable statement. The rental or amount with which the Chamberlain charged himself for the year 1565 or 1566 is there set down as £41 0_s._ 4_d._, and the discharge—embracing a quit rent due to the Dean and Chapter of Westminster, and expenses incurred in overseeing, clothing and feeding four poor children "being founde at scoole and lerning by the bequeste of the sayde Master Carpenter"—amounted to £19 12_s._ 8_d._, leaving a balance to the City of £21 7_s._ 8_d._(1045) From so modest a beginning arose the school which, situate on the Thames Embankment, now numbers over 700 scholars. (M562) There was a school attached to St. Paul’s long before Colet’s day, just as there is one now, independent of the school of Colet’s foundation, and devoted mainly to the instruction of the Cathedral choristers. Soon after Colet’s appointment to the Deanery in 1505 he experienced no little dissatisfaction with the Cathedral School, where great laxity prevailed, more especially in the religious education of the "children of Paul’s," and so, about the year 1509—the year of Henry’s accession—having recently come into a considerable estate by the death of his father, he set about acquiring a small property situate at the east end of St. Paul’s Church for the purpose of establishing another school which would better realise his own ideal of what a school should be than the existing Cathedral School. Colet’s School grew apace. In 1511 he was in negotiation with the Court of Aldermen for the purchase "of a certen grounde of the citie for an entre to be hadde into his new gramer scole."(1046) By January of the next year (1512) he had succeeded in obtaining the assent both of the Court of Aldermen and Common Council to the purchase by him of a "certen grounde in the Olde Chaunge for the inlargyng of his gramer scole in Powly’s Churcheyerd" for the sum of £30.(1047) The property was conveyed to him by deed, dated the 27th September, which deed was sealed with the common seal on the 7th October following.(1048) The question as to whom he should entrust the management of his school caused Colet no little anxiety. He eventually decided to confide its revenues and management