to found families of functionless shareholders, and a strong disposition to contribute, by means of colleges, libraries, and splendid foundations, to the future of the whole English-speaking world. Of course, Mr. Carnegie is not an educational specialist, and his good intentions will be largely exploited by the energetic mediocrities who control our educational affairs. But it is the intention that concerns us now, and not the precise method or effect. Indisputably these rich Americans are at a fundamentally important work in these endowments, and as indisputably many of their successors--I do not mean the heirs to their private wealth, but the men of the same type who will play their _role_ in the coming years--will carry on this spacious work with a wider prospect and a clearer common understanding. The establishment of modern and efficient schools is alone not sufficient for the intellectual needs of the coming time. The school and university are merely the preparation for the life of mental activity in which the citizen of the coming state will live. The three years of university and a lifetime of garrulous stagnation which constitutes the mind's history of many a public schoolmaster, for example, and most of the clergy to-day, will be impossible under the new needs. The old-fashioned university, secure in its omniscience, merely taught; the university of the coming time will, as its larger function, criticize and learn. It will be organized for research--for the criticism, that is, of thought and nature. And a subtler and a greater task before those who will presently swear allegiance to the New Republic is to aid and stimulate that process of sound adult mental activity which is the cardinal element in human life. After all, in spite of the pretentious impostors who trade upon the claim, literature, contemporary literature, is the breath of civilized life, and those who sincerely think and write the salt of the social body. To mumble over the past, to live on the classics, however splendid, is senility. The New Republic, therefore, will sustain its authors. In the past the author lived within the limits of his patron's susceptibility, and led the world, so far as he did lead it, from that cage. In the present he lives within the limits of a particularly distressful and ill-managed market. He must please and interest the public before he may reason with it, and even to reach the public ear involves other assiduities than writing. To write one's best is surely sufficient work for a man, but unless the author is prepared to add to his literary toil the correspondence and alert activity of a business man, he may find that no measure of acceptance will save him from a mysterious poverty. Publishing has become a trade, differing only from the trade in pork or butter in the tradesman's careless book-keeping and his professed indifference to the quality of his goods. But unless the whole mass of argument in these Anticipations is false,