DEAR GENERAL,--Your favor of March 28th was received on the 7th instant. We failed in having a quorum on the 1st. Mr. Johnson and General Taylor were laboring for Lithgow in Richmond, and Mr. Madison was unwell. On the score of business it was immaterial, as there was not a single measure to be proposed. The loss was of the gratification of meeting in society with those whom we esteem. This is the valuable effect of our semi-annual meetings, jubilees, in fact, for feasting the mind and fostering the best affections of the heart towards those who merit them. The four rows of buildings of accommodation are so nearly completed, that they are certain of being entirely so in the course of the summer; and our funds, as you have seen stated in our last Report, are sufficient to meet the expense, except that the delays in collecting the arrears of subscriptions oblige us to borrow temporarily from this year's annuity, which, according to that Report, had another destination. These buildings done, we are to rest on our oars, and passively await the will of the legislature. Our future course is a plain one. We have proceeded from the beginning on the sound determination to finish the buildings before opening the institution; because, once opened, all its funds will be absorbed by professors' salaries, &c., and nothing remain ever to finish the buildings. And we have thought it better to begin two or three years later, in the full extent proposed, than to open, and go on forever, with a half-way establishment. Of the wisdom of this proceeding, and of its greater good to the public finally, I cannot a moment doubt. Our part then is to pursue with steadiness what is right, turning neither to right nor left for the intrigues or popular delusions of the day, assured that the public approbation will in the end be with us. The councils of the legislature, at their late session, were poisoned unfortunately by the question of the seat of government, and the consequent jealousies of our views in erecting the large building still wanting. This lost us some friends who feel a sincere interest in favor of the University, but a stronger one in the question respecting the seat of government. They seem not to have considered that the seat of the government, and that of the University, are incompatible with one another; that if the former were to come here, the latter must be removed. Even Oxford and Cambridge placed in the middle of London, they would be deserted as seats of learning, and as proper places for training youth. These groundless jealousies, it is to be hoped, will be dissipated by sober reflection, during the separation of the members; and they will perceive, before their next meeting, that the large building, without which the institution cannot proceed, has nothing to do with the question of the seat of government. If, however, the ensuing session should still refuse their patronage,