▁action ▁by ▁doub ts ▁as ▁to ▁whether ▁St . ▁John ’ s ▁College ▁could ▁keep ▁its ▁campus ." ▁He ▁therefore ▁set ▁up ▁the ▁end ow ment ▁but ▁left ▁in ▁Bar r ' s ▁hands ▁as ▁to ▁where ▁the ▁end ow ment ▁should ▁go . ▁If ▁St . ▁John ' s ▁was ▁likely ▁to ▁lose ▁its ▁campus , ▁it ▁might ▁be ▁more ▁in ▁the ▁interest ▁of ▁American ▁education ▁to ▁find ▁a ▁stronger ▁institution al ▁vehicle ▁to ▁develop ▁the ▁educational ▁program ▁which ▁you ▁initi ated ▁at ▁St . ▁John ’ s . ▁I ▁am ▁therefore ▁placing ▁at ▁the ▁dispos al ▁of ▁the ▁Old ▁Domin ion ▁Foundation ▁se cur ities , ▁currently ▁producing ▁an ▁income ▁of ▁$ 1 2 5 , 0 0 0 ▁per ▁an num , ▁which ▁may ▁be ▁used ▁for ▁the ▁purpose ▁of ▁developing ▁the ▁type ▁of ▁education ▁now ▁carried ▁on ▁at ▁St . ▁John ’ s ▁College , ▁and ▁for ▁other ▁similar ▁purposes . ▁ ▁The ▁Navy ▁issue ▁was ▁resolved ▁in ▁favor ▁of ▁the ▁college , ▁so ▁it ▁might ▁have ▁been ▁expected ▁that ▁Bar r ▁would ▁recommend ▁using ▁the ▁end ow ment ▁to ▁fund ▁the ▁St . ▁John ' s ▁program . ▁Instead , ▁Bar r ▁and ▁Buch an an ▁decided ▁to ▁found ▁a ▁new ▁college . ▁Nelson ▁notes ▁that ▁" The ▁grant ▁letter ▁did ▁not ▁en vision ▁starting ▁a ▁new ▁college ▁from ▁scratch ." ▁Yet ▁" the ▁speed ▁with ▁which ▁the ▁two ▁moved ▁from ▁seeking ▁an ▁existing ▁institution ▁stronger ▁than ▁St . ▁John ’ s ▁to ▁acqu iring ▁property ▁for ▁a