4 Matching Annotations
  1. Nov 2017
    1. nnecessary restraint on individual action shall leave us free to do whatever does not violate the equal rights of another.

      A very libertarian argument made in the argument here, arguing that learning the law allows one to create what helps the general population, but on the opposite side of the same coin it is necessary to allow the freedom of the individual to do whatever he/she pleases as long as the rights of others are not violated.

    2. It is supposed that such pavilions on an average of the larger & smaller will cost each about $5,000; each dormitory about $350, and Hotels of a single room for a Refectory, & two rooms for the tenant necessary for dieting the students will cost about $3.500 each.

      For reference, $5,000 in 1818 adjusted for inflation was equivalent to $$92,560.69. $350 was equivalent to $6,479.25, and $3.50 was equivalent to $64.79. It's interesting to see the comparison between modern tuition and fees and the actual costs of building in the first place

  2. Oct 2017
    1. $5,000; each dormitory about $350, and Hotels of a single room for a Refectory, & two rooms for the tenant necessary for dieting the students will cost about $3.500 each

      Adjusted for inflation:

      $5,000 is worth $92,560.69 today; $350 is worth $6,479.25 today; $3.50 is worth $64.79

      http://www.in2013dollars.com/1818-dollars-in-2017?amount=3.50

    2. o enable him to calculate for himself, and to express & preserve his ideas, his contracts & accounts in writing. To improve by reading, his morals and faculties. To understand his duties to his neighbours, & country, and to discharge with competence the functions confided to him by either.

      It appears as though the purpose of the university is to focus on self improvement and focusing on individual excellence over the idea of contributing to society as a whole. This definitely comes from Thomas Jeffersons belief in the rights of the individual and the idea of personal liberty and responsibility