problems using slime on emacs24

I install slime through ELPA. Here is what my .emacs file looks like: (setq inferior-lisp-program "sbcl --noinform") (add-to-list 'load-path "~/slime/") (require 'slime) (slime-setup) (setq package-archives '(("gnu" . "http://elpa.gnu.org/packages/ ") ("marmalade" . "http://marmalade-repo.org/packages/ ") ("melpa" . "http://melpa.milkbox.net/packages/ "))) I get the following error when I start emacs: > Warning (initialization): An error occurred while loading > `/home/name/.emacs': > > File error: Cannot open load file, slime > > To ensure normal operation, you should investigate and remove the > cause of the error in your initialization file. Start Emacs with the > `--debug-init' option to view a complete error backtrace. When I debug: Debugger entered--Lisp error: (file-error "Cannot open load file" "slime") require(slime) eval-buffer(# nil "/home/name/.emacs" nil t) ; Reading at buffer position 91 load-with-code-conversion("/home/name/.emacs" "/home/name/.emacs" t t) load("~/.emacs" t t) #[0 "\205\262 When I visit ~/.emacs.d/elpa/slime-20130308.1112, slime.el is clearly there. Other people online seem to be having issues too. If I cannot get it to work with emacs24, how can I setup a slime environment for common lisp?