84 The Financial History of Connecticut. 



it was to repeat these payments.^ Thus Yale received seven thou- 

 sand dollars and Washington College received three thousand dollars. 

 Washington College, now known as Trinity College, was also granted 

 nearly ten thousand dollars, payable in three instalments of three 

 thousand dollars and the remainder in a fourth instalment. The 

 first instalment was paid in July, 1832, and the remaining instalments 

 were paid in the three following Aprils. 



In 1834 the legislature chartered two banks, the Stamford Bank, 

 at Stamford, and the Manufacturers' Bank at Farmington, on con- 

 dition that they pay bonuses to Wesleyan University. The former 

 was directed to pay five thousand dollars in two equal instalments, 

 the first by the end of the first year and the second at the end of 

 the second year of discounting by the bank. The latter was to pay 

 double this amount in the same way; but as the bank did not go 

 into operation, this sum was never paid to Wesleyan. However, 

 in 1839, the legislature directed the comptroller to draw an order 

 on the treasurer for ten thousand dollars in favor of Wesleyan Uni- 

 versity, one-half to be paid on October 1, 1839, and the remainder 

 one year later.^ The colleges received as a result of these acts about 

 thirty-five thousand dollars. This is less than half the amount 

 bestowed upon Yale in the first period; on the other hand, twenty 

 thousand of the thirty-five thousand dollars came directly from 

 the state treasury, while in the first period the state gave its aid 

 indirectly. 



In 1840 the assembly appropriated seven thousand dollars, payable 

 in two equal instalments to the Connecticut Literary Institute at 

 Suffield.3 



2. Support of Paupers. 

 The Republican party also decided to reduce the cost of support- 

 ing state paupers. In the first period, as has been shown, this expense 



increased from less than twenty-five hundred dollars a 

 of^EcoiTomv y^^^ Mniil in 1817 and 1818 the amount exceeded fifte 



thousand dollars. In its October session of 1818 the 

 assembly passed a measure which aimed to abohsh imposition upon 

 the state by the towns. This act gave the comptroller full power 

 to demand from the selectmen satisfactory proof of their claims 

 for the support of state paupers, directed him not to allow to any 

 town a sum larger than the amount actually spent by the town, 



1 Public Statute Laws, 183L chap. 51, sec. 12. 

 - Private Acts, 1839, p. 71. 

 ^ Private Acts. 1840. p. 5('.. 



