Contributions-Wait Agent 237
With both the loss of Armstrong and the sectional animosity against
the faculty weighing on their minds the members of the Board of
Trustees were in no happy mood when they met at the College for the
Commencement of 1840. They thought it useless to send an agent into
the field. Wait was asked to publish an article in the Biblical Recorder
requesting those who had made subscriptions to pay them to such
persons as he should name in the several counties. Then having voted
to ask for a loan of $5,000 to $10,000 from the Literary Fund they
adjourned. To complete arrangements to secure this loan other
meetings were held, one at the College in December, 1840, and
another in Raleigh on January 2, 1841. All members of the Board
were asked to sign the note; the money was secured and the proceeds
applied on the debts, all of which with the exception of the note of
Captain Berry was paid.
Now with their names pledged for the payment of two notes of ten
thousand dollars each the Trustees began to exercise a closer
supervision over the finances of the College; frequent audits were
ordered both of the accounts of the treasurer and of the Executive
Committee. At the meeting in June, 1841, after Brother Purefoy
(probably J. S. Purefoy) had refused to become agent for the College,
the Executive Committee and the faculty were requested to employ
another but did nothing. At the meeting in October, 1841, the Trustees
appointed another committee on the agency, which was content to
recommend that Wait take the field for three months, which he did.
Possibly he succeeded in securing payment on some of the
subscriptions, for at the next meeting in
against their brethren of the South, but as their position has been taken, we consider
them alone responsible for the separation which must thereby be effected.
"Resolved, That in the opinion of this body it is due to the South on the part of
our Northern brethren, to disavow in some form all concurrence in the late
schismatical movements of the abolitionists, and it is feared that unless some such
disavowal be made the present friendly relations between Northern and Southern
Baptists will be seriously endangered.
"Resolved, That in the estimation of this Convention, the remedy for the existing
evils rests mainly with our Northern brethren, and on the seasonable application of
the remedy must depend in a great measure on the future continuance of the present
effective relations between Northern and Southern Baptists."
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