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As the National Academy of Design is of recent formation, and is the only Institution of the kind in the country, it has been thought that the History of its origin and progress would be acceptable to those who take an interest in the progress of the Fine Arts. On this account the letters of a writer in the Morning Courier under the signature of BOYDELL, as giving the fullest and apparently most authentic account of its formation, which has appeared in print, is appended to Mr. Morse's reply to the North American Reviewer.

[[margin]]Boydell, is John Inman, Esq. brother of Henry Inman V. Pres. of the Academy;[[/margin]]

                           LETTER I.

   Certain statements and observations have been for some months in circulation in this City, tending to injure the Academy recently established by the artists, under the name of the "National Academy of Design;" their proceedings have been mis-stated; their motives misrepresented, and their prospects exhibited unfavorably and incorrectly; and the 58th number of the North American Review, just published, contains, in a critique upon the discourse of Mr. Morse, the President of this Academy, the same false views and unfavorable representations, of the Institution; it is time therefore, that the friends of the Arts, who know the real state of things, and the injustice which has been dealt out to the founders of the New Academy, and how much misconception they have submitted to for the sake of avoiding a public controversy, should no longer be silent as to the causes, hitherto not made public, which led to its formation. 
   The answer to the Review, I do not undertake; it may be safely left to Mr. Morse, who holds a pen as well as a pencil, and who, I am confident, will not shrink from the defence of his professional brethren, thus wantonly and publicly attacked - I am not an artist, nor have I any interest in the success of the Academy, other than the natural desire for the Encouragement and prosperity of the art; and it is this desire alone, and the possession