Page:Works of the Late Doctor Benjamin Franklin (1793).djvu/165

reſt ſo paid in, ſhall be again let out to freſh borrowers. And it is preſumed, that there will be always found in Boſton virtuous and benevolent citizens, willing to beſtow a part of their time in doing good to the riſing generation, by ſuperintending and managing this inſtitution gratis; it is hoped that no part of the money will at any time lie dead, or be diverted to other purpoſes, but be continually augmenting by the intereſt, in which there may in time be more than the occaſion in Boſton ſhall require: and then ſome may be ſpared to the neighbouring or other towns in the ſaid ſtate of Maſſachuſetts, which may deſire to have it, ſuch towns engaging to pay punctually the intereſt, and the proportions of the principal annually to the inhabitants of the town of Boſton. If this plan is executed, and ſucceeds, as projected, without interruption for one hundred years, the ſum will be then one hundred and thirty-one thouſand pounds; of which I would have the managers of the donation to the town of Boſton then lay out, at their diſcretion, one hundred thouſand pounds in public works, which may be judged of moſt general utility to the inhabitants; ſuch as fortifications, bridges, aqueducts, public buildings, baths, pavements, or whatever may make living in the town more convenient to its people, and render it more agreeable to ſtrangers reporting thither for health, or a temporary residence. The remaining thirty-one thouſand pounds I would have continued to be let out to intereſt, in the manner above directed, for one hundred years; as I hope it will have been found that the inſtitution has had a good effect on the conduct of youth, and been of ſeryice to many worthy characters and uſeful citizens. At the end of this ſecond term, if no unfortunate accident has prevented the operation,