income only to be used for the education of colored people in the
Southern States. Mr. Hand, having made his money in the South, and
having seen the ignorance and consequent disadvantages of the colored
people there, felt that he could not use it better than in providing
for their education, and has chosen to entrust to the American
Missionary Association, whose work is so largely devoted to the
elevation of that people, the care of this magnificent gift, and the
disbursement of its income in accordance with the provisions of the
trust.

* * * * *

This announcement was received with great enthusiasm, which was
prolonged for several minutes, and the most intense excitement
prevailed. An address was then given by John H. Washburn, Esq.,
Chairman of the Executive Committee, after which Rev. Dr. Mears made an
address, which was followed by the singing of the Doxology with great
fervor and emphasis.

* * * * *

Remarks by Mr. John H. Washburn.

Mr. President.--The last few years have been remarkable in gifts and
legacies. Some have endowed colleges and universities; some, as in this
case, have been for the benefit of a peculiar race, but no one in his
own lifetime has ever selected a benevolent association as beneficiary,
and endowed it with such a munificent gift as Daniel Hand has bestowed
upon the American Missionary Association. He was, it seems to me, wise
in choosing this course. Others have seen fit to put their funds in the