384 History of Wake Forest College
banded and return to their homes, and let all this be trumpeted throughout the land,
and who will be able to estimate the disaster that will follow? I do not propose this
as by any means a probable case, for I cannot suppose that our brethren and friends
will allow it; but surely all may see that this may be if nothing is done to prevent it.
This article was published in two successive issues of the Biblical
Recorder, February 3 and 10, 1844. Wait's illness however was so
prolonged that he did not go out on his agency. It was at this time that
he decided to resign the presidency.8
Although there is some suggestion that Wait brought the matter of
his resignation before the Trustees at their meeting in June, 1844, the
first record of it in the minutes of the Board is for the meeting in
October, 1844.9 At this time the resignation was laid on the table, but
at a later meeting, November 26, 1844, it was accepted to take effect
the following June.10
The reason which Wait gave for his action was that the College
needed to practice economy and his services could be dispensed with
without detriment. His letter of resignation reads:
To the Trustees of Wake Forest College―
Brethren: The welfare of our College has long engaged my most
careful attention, and my anxious desire is to promote its best in-
terests. Circumstances make it absolutely necessary to study the most
rigid economy, and as the business of instruction can be performed by
the Professors with such assistance as they can obtain from time to
time, and the Institution be well sustained for the present, I hereby
resign the office of President which I have had the honor to hold for
almost eleven years. I do this after the maturest deliberations, and
with the sincerest motives for promoting the interests of our beloved
Institution. I shall ever feel a lively interest in, and do all I can to
promote its future prosperity. Yours truly, Saml. Wait,-October 21,
8 J. B. White, Biblical Recorder, January 24, 1846.
9 White in letter mentioned above says: "During his protracted sickness, he not
only abandoned all hope of being able to travel, but also proposed, at the earliest
opportunity, to resign the Presidency, which he subsequently did. The Trustees,
after much consultation at several successive meetings, accepted the resignation,
and adopted resolutions expressive of the high estimate they placed on the valuable
services he had rendered the Institution."
10 Proceedings, 61 f.
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