» The amount of capital invested in the lots and buildings, mtn 
apparat, &¢e., of the academies was, for the last year, $1,538, 
‘The tuition fees amounted to . : ‘ $188,583 
The salaries of teachers to. i $192,252 
Another fact shows the wisdom of the neliey of the regents in ad- 
vancing the interests of the academies. If an academy raise $250 or 
less from means not academic, for the purchase of library and appa- 
ratus, the regents give to that academy an equal sum. ‘Thus the re- 
gents have distributed in past years, $27,800 for this object, and the 
academies have obtained books and apparatus amounting to more than 
$55,000, not a small portion of which is now in use and enhancing the 
worth of their instruction. The value of the a in 
Rutgers Female Institute is = - - 3779 
Amenia Seminary, ~~ - a} orks - . 1,007 
Albany Academy, ati aosit - os 1,532 
Albany Female hdd dec sRoeh ge Tomson ep 1,936 
Albany Female Seminary, eres oie 860 
Troy Female Seminary, - - : 1,697 © 
Black River L. and R. Tabane . - - 1,651 
Oneida Conference Seminary, SS ein? os 1,272 
Rochester Collegiate Institute, 
In many others it is several hundred dollars. “We rae not space to 
give the value of the libraries. 
The report shows ina conclusive manner the vast importance of the 
academies. There must be a higher grade of education than even ém- 
oved common schools can furnish. This is demanded by the exigen- 
cies of the country. This is adequate reason. 'The numerous and 
profitable applications of a higher education in the diversified pursuits 
of American enterprise, demand it. A comparatively small proportion 
of the students in the academies obtain a collegiate education, or only 
one thirty-fourth of the whole number, and not one twentieth of those 
in the higher English branches and classical studies. The academies 
benefit the middle and poorer classes more than the rich. . The chil- 
dren of the rich enjoy the higher advantages in some way; but the 
academies enable the poor to enjoy the same at moderate expense 
through the energy of the minds that long for knowledge. The acade- 
mies keep down and prevent aristocracy in decitow hades and their de- 
struction would at once enlarge the influence of aristocracy in wealth 
and knowledge. By much sacrifice many young men of slender 
means, or in destitution of property; have raised and are raising 
themselves to a more influential and important place among our citi- 
zens. The academies thus effect what the common schools cannot. 
Good policy requires, the high interests of the people require,—that the 
