Daily National Intelligencer

THE NATIONAL UNIVERSITY.

The following is the bill reported by the select committee of the House of Representatives, to whom so much of the Message of the President of the U. States as relates to that subject was referred. The outline is bold and liberal. The bill avoids the details of the administration and organization of the Institution until the principle shall be settled. The question is, by the bill, fairly brought before Congress.

A bill for the establishment of a National University.

Be it enacted, &c. That the President of the United States be, and he is hereby authorized to cause to be erected, on such site, within the District of Columbia, as he shall select, the buildings necessary for a National University; and for defraying the expense thereof the sum of thousand dollars is hereby appropriated, to be paid out of any money in the Treasury of the United States, not otherwise appropriated by law.

Sec. 2. And be it further enacted, That the President of the United States be, and he is hereby authorized and required to cause to be surveyed, and laid into building lots, the whole, or such parts as he may think proper, of the ground reserved for the use of the United States in the City of Washington; and to cause the same to be sold, at such times and places, and in such proportions, and under such regulations as he shall prescribe; and the proceeds thereof, after defraying the charges of survey and sale, to be invested in such stocks or public securities as shall, by him, be deemed most advisable; and the same, when so invested, and the dividends thereon arising, shall constitute a fund for the support of a National University.

Sec. 3. And be it further enacted, That the President of the United States be, and he is hereby requested to cause to be prepared and laid before Congress, at its next session, a plan for the regulation and government of the said University.