A history of public education in Rhode Island, from 1636 to 1876 ... Comp. by authority of the Board of education, and ed. by Thomas B. Stockwell ...

LOTTERIES AND THEIR RESULTS. 33 this, which is offered in connection with the Newport Methodist chapel lottery of 1807:' Now is the time to make your forinne.' * It is presumed that those who wish to encourage religion, laying aside the prospect of a fortune, will call and purchase liberally.". Such were the lotteries of that day, andl among these came one which had so definite a relation with the public schools of Rhode Island, that it deserves to be specially chronicled. In the newspapers of 1795 appears an advertisement of the " Newport Long Wharf and Public School Lottery," of whlich George Gibbs and George Chamnplin, then among the foremost citizens of the town, were the managers. The history of this enterprise was as follows: The plan of the lottery had originated in 1769, tholglih then, it would seem, for Long Wharf purposes alone; but it was revived in 1795, whe n an a,'t passed the legislature, at the January session, as thus stated in a legal report officially rendered by Hon.. i t. Staples: " Without petition or complaint from any one, on motion, the Assembly authorized thirty-six persons, citizens of Newport, who are named in the act, to set forth a scheme to raise by lottery twenty-five thousand dollars. "They were to appoint managers of the lottery, who were to give bonds to the general treasurer for the faithful performance of their trust as managers. The powers conferred on them were very broad. How the wharf should be rebuilt, after a title to it had been procured, what kind of a hotel and where to be located, are left to the discretion of these trustees, who are to act without bond or oath, in discharge of their part of the trust. "After the wharf and hotel were completed, the trustees were to apply the rents and profits arising from them to such a public school for the children of Newport, and in such way and manner, andc under such regulations as the trustees should impose. And the trust to last through all time, the right of filling vacancies in the number being specially conferred on the survivors. The board of trustees originated with the Assembly; the funds which they were to raise and appropriate, were provided by the Assembly. No person was compelled to contribute toward the fundc, and no person was compelled to be benefited by it." The original call for a meeting of the trustees of this enterprise appears in the Newport Merc,ury for Felruary 10th, 1795, and the first announcement of the lottery itself on M3arclh 24th. There were to be 2,000 slares, at $125 eacl. rThere were 12,000 prizes, varying from $10 to $30,000; so that each share was sure to draw six prizes, amounting at least to $60, nearly half tle purchase money; while the maximum of prizes * Newport J~ercury, June 6, July 15, 1807. 3

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A history of public education in Rhode Island, from 1636 to 1876 ... Comp. by authority of the Board of education, and ed. by Thomas B. Stockwell ...
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Stockwell, Thomas B., ed.
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Page 33
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Providence,: Providence press company, printers to the city and state,
1876.
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Education -- History. -- Rhode Island

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"A history of public education in Rhode Island, from 1636 to 1876 ... Comp. by authority of the Board of education, and ed. by Thomas B. Stockwell ..." In the digital collection Making of America Books. https://name.umdl.umich.edu/abj2388.0001.001. University of Michigan Library Digital Collections. Accessed June 24, 2025.
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