I also gave a farewell address to a great assemblage of students at Cornell University, my topic being ``The True Conduct of Student Life''; but in the course of my speech, having alluded to the importance of sobriety of judgment, I tested by it sundry political contentions which were strongly made on both sides, alluding especially to Goldwin Smith's very earnest declaration that one of the greatest dangers to our nation arises from plutocracy. I took pains to show that the whole spirit of our laws is in favor of the rapid dispersion of great properties, and that, within the remembrance of many present, a large number of the greatest fortunes in the United States had been widely dispersed. As to other declarations regarding dangers arising from the acquisition of foreign territory and the like, I insisted that all these dangers were as nothing compared to one of which we were then having a striking illustration--namely, demagogism; and I urged, what I have long deeply felt, that the main source of danger to republican institutions is now, and always has been, the demagogism which seeks to array labor against capital, employee against employer, profession against profession, class against class, section against section. I mentioned the name of no one; but it must have been clear to all present how deeply I felt regarding the issues which each party represented, and especially regarding the resort to the lowest form of demagogism which Mr. Bryan was then making, in the desperate attempt to save his falling fortunes. During this stay in America I made two visits to Washington to confer with the President and the State Department. The first of these was during the hottest weather I have ever known. There were few people at the capital who could leave it, and at the Arlington Hotel there were not more than a dozen guests. All were distressed by the heat. Moreover, there was an amazing complication of political matters at this time, calculated to prostrate the Washington officials, even if the heat had not done so; and, among these, those relating to American control in the Philippine Islands; the bitter struggle then going on in China between the representatives of foreign powers, including our own, and the Chinese insurrectionists; the difficulties arising out of the successful result of the Spanish War in Cuba; complications in the new administration of Porto Rico; and the myriad of questions arising in a heated political campaign, which was then running fast and furious.