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expect that you will continue to grow in numbers and usefulness. I have tried to show that as a Scientific Association you stand for the ideals upon which the universities of the future will be built, and which need not fear comparison with the noblest that have been paramount in the great periods of onrush of human thought. They are safe in your hands. For the love of truth and the passion for its advancement are the ideals of youth and hope, and so long as the tide of youth annually rejuvenates our universities there at least they cannot wholly die.

It is the birth-right of youth to start anew. Once to burst out from the coffin of the past and survey the world with clear and open eyes. The vision may fade. The cloud-capped towers and gorgeous palaces may dissolve and leave not a rack behind. But not for you!

You come here, ostensibly to "get on"-how I loathe the words-to win for yourself position, power and importance in the world that calls itself great, to train for this or that profession or calling, to enable you to hew your way and distance your competitors in the race of life. But what have these tawdry ideals of bygone far-off unhappy days to do with your Alma Mater or with you? Leave them, at least, until you are out in the world that calls itself great, and, while you are here, live in the world that is great, in the realm of expanding ideas and the rapidly widening horizons of truth!

Were all the powers of darkness in dominion over her, yet is the university a holy place, where year by year congregate pilgrims in the greatness and generosity of youth, "to learn what none may teach, to seek what none may reach," to perpetuate the vision of youth after youth itself is sped. When this ceases to be true, then and then only will the ancient universities have grown old.

APPENDIX A

A CRITICISM OF THE FINANCIAL OPERATIONS OF THE CARNEGIE TRUST FOR THE UNIVERSITIES OF SCOTLAND.1

MR ANDREW CARNEGIE, on 7th July 1901, signed a trust deed bequeathing £2,000,000 to the Scottish Universities, which was recorded in the Books of Council of Session on 9th July 1901. The Trust Deed opens as follows:

"I, Andrew Carnegie, of New York, and of Skibo, in the County of Sutherland, having retired from active business, and deeming it to be my duty and one of my highest privileges to administer the wealth which has come to me as a trustee on behalf of others, and entertaining the confident belief that one of the best means of my discharging that trust is by providing funds for improving and extending the opportunities for scientific study and research in the Universities of Scotland, my native land, and by rendering attendance at these Universities and the enjoyment of their advantages more available to the deserving and qualified youth of that country to whom the payment of fees might act as a barrier to the enjoyment of these advantages; and having full confidence in the Noblemen and Gentlemen afternamed, . . .'

A list of Trustees follows, to whom the donor undertakes to entrust "Bonds of the United States Steel Corporation of the aggregate value of Ten Million Dollars, bearing interest at 5 per cent. per annum, and having a currency of fifty years."

It is only with the first of these objects, the improve1 Published in Science Progress, January 1917.

ment and extension of the opportunities for scientific study and research, that this criticism is concerned.

In a document signed by Mr Carnegie, entitled "Constitution of the Trust referred to in the foregoing Trust Deed," the two objects of the Trust are referred to under Clauses A and B respectively, and a third clause, C, provided for any surplus income.

Clause A opens:—

"One-half of the net annual income shall be applied towards the improvement and expansion of the Universities of Scotland, in the Faculties of Science and Medicine; also for improving and extending the opportunities for scientific study and research, and for increasing the facilities for acquiring a knowledge of History, Economics, English Literature, and Modern Languages, and such other subjects cognate to a technical and commercial education as can be brought within the scope of the University curriculum, by the erection and maintenance of buildings, laboratories, class-rooms, museums, or libraries, the providing of efficient apparatus, books and equipment, the institution and endowment of Professorships and Lectureships, including post-graduate Lectureships and Scholarships, more especially Scholarships for the purpose of encouraging research, or in such other manner as the Committee may from time to time decide. . . ."

The two passages cited from the official copy, issued by the Carnegie Trust, of the Trust Deed and the Constitution of the Trust referred to in the foregoing Trust Deed, respectively, contain all that is germane to the present criticism.

But a reasonable interpretation, and the one initially followed in the two larger of the Scottish Universities, Edinburgh and Glasgow, would seem to be that the money was given for the primary purpose of encouraging scientific study and research, including, of course, medicine, and that history and other subjects cognate to a modern education were legitimate ancillary beneficiaries under the Trust, and, lastly, that the older subjects of a classical education were entirely excluded from participating.

CRITICISM OF THE CARNEGIE TRUST 209

Thus over the first period of ten years and nine months, up to 30th September 1913, covered by the first two quinquennial and interim distributions, in Edinburgh 62 per cent. and 15 per cent., and in Glasgow 67 per cent. and 19 per cent. of the total sums received were allocated by the Trustees to what have been termed the primary and ancillary objects respectively. The remaining 23 per cent. and 14 per cent. in the two institutions have gone mainly to the maintenance of the libraries and other purposes in which the two sides share more or less indefinitely. In neither institution was any money given definitely to benefit what have been termed the classical group of studies.

If this had been the interpretation adopted generally, and subsequently to 1913, by the Carnegie Trustees, certainly no one would have been disposed to criticise them, or submit the legality of their operations to the test of the powers responsible for the observance of the Trust Laws of Scotland. Neither would there have been any disposition to examine with a microscope the exact apportioning of the moneys between the two sides. If they had secured a broad common-sense distribution among the primary and ancillary objects, the gift was handsome enough in amount not to necessitate the making of fine distinctions. But this interpretation has not been followed, either universally, or subsequently to 1913. In the University of Aberdeen for the whole period up to 30th September 1918, covering the first three quinquennial and interim distributions, only 23 per cent. has been allocated to the primary object, while 46 per cent. has gone to the ancillary object. The maintenance of the Library has taken 12 per cent., and there remains 19 per cent. This has been allocated for the erection of new buildings and examination hall for Arts subjects and an extension of the Library, objects which, in so far as they are not illegitimate, are ancillary. So also, since 1913, it is in Glasgow and Edinburgh. The former is given 90 per cent. of its total allocation for five years to

"Buildings for Faculty of Arts and Department of Zoology," and Edinburgh 65 per cent. to "Chemical Department and Arts accommodation." As regards St Andrews and Dundee, the position in the main is between that of Aberdeen on the one hand, and Edinburgh and Glasgow on the other. But the practice of slumping legitimate and questionable expenditure under one head, illustrated above in the case of Glasgow and Edinburgh, and the payment of debts previously incurred, make a detailed analysis difficult to the outsider.

In addition to payments to the four universities, and relatively small grants to technical colleges and other institutions, the Carnegie Trustees administer themselves a scheme for the endowment of research. Of a total in round figures of some £621,400 spent under Clause A to 30th September 1915, £86,000 or some 14 per cent. have been spent on the research scheme, that is, £27,000 on Fellowships, £30,000 on Scholarships, £21,000 on Grants in Aid, and some £8000 on a Research Laboratory of the Royal College of Physicians of Edinburgh. One might fairly have expected that something more than 14 per cent. would have been spent on the research scheme. The answer may be that initially Scotland was ill-equipped with scientific laboratories, and these had first to be provided. But now that these laboratories have been provided, the money is going to provide buildings for Arts subjects to a very questionable extent, instead of to promoting scientific study and research.

But even what has been done has not been done for research so much as for the teaching of research, a highly important and worthy object enough, but only to be confounded with scientific research by those who have never done any or even been taught the methods. Research Scholarships and Fellowships are excellent in themselves, and will be even more so if, as a result of the war, something less like starvation awaits the holders at the end of their research training. Grants in aid of research are again excellent, and would be more so if

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