Two years James De Lancey acted as Governor, and the citizens were
really sorry when Admiral Sir Charles Hardy was sent to take his place.

Sir Charles was not slow to see and to admit that while he was a good
sailor, he did not make a good Governor, so after a year he resigned,
and the province was once more left to the care of De Lancey.

At this time there was much being said about the need for schools, and
for many years plans had been under way for building a college in the
city.

Money had been raised by means of lotteries--which were popular and
lawful then--and finally the college was established. It was called
King's College. It is still in existence, but is now Columbia
University. A tablet at West Broadway and Murray Street tells that the
college once stood close by.

It was near this time that William Walton, a very rich merchant, built
the finest house that the city had yet known. This was in Queen Street,
not a great way from the Stadt Huys, and the furniture and fittings were
in keeping with the elegance of the exterior. It was so fine that the
fame of it spread to England, where it was spoken of as a proof that the
colonists were very, very rich indeed. This house stood for 129 years.
When it was torn down it had become a tenement that showed scarcely a
trace of its early grandeur. Queen Street is now Pearl Street and the
building numbered 326 is on the site of the famous old house.

There was another war with the French now, and four expeditions were
sent out against them. On one of these a young officer with the troops