But meanwhile the collegiate system of the University was slowly being developed. Some forty years after the foundation of Peterhouse, in the year 1324, Hervey de Stanton, Chancellor of the Exchequer and Canon of Bath and Wells, obtained from Edward II. permission to found at Cambridge the College of "the Scholars of St. Michael." The college itself, Michaelhouse, has long been merged in the great foundation of Trinity, but its original statutes still exist and show that they were conceived in a somewhat less liberal spirit than that of the code of Hugh de Balsham. The monk and the friar are excluded from the society, but the Rule of Merton is not mentioned. Two years afterwards, in 1326, we find thirty-two scholars known as the "King's Scholars" maintained at the University by Edward II. It seems probable that it had been the intention of the King in this way to encourage the study of the civil and the canon law, for books on these subjects were presented by him, presumably for the use of the scholars, to Simon de Bury their warden, and were subsequently taken away at the command of Queen Isabella. The King had also intended to provide a hall of residence for these "children of our chapel," but the execution of this design of establishing a "King's Hall" was left to his son Edward III. The poet Gray, in his "Installation Ode," has represented Edward III.-- "Great Edward with the lilies on his brow, From haughty Gallia torn," in virtue of his foundation of King's Hall, which was subsequently absorbed in the greater society, as the founder of Trinity College. But the honour evidently belongs with more justice to his father. It was, however, by Edward III. that the Hall was built near the Hospital of S. John, "to the honour of God, the Blessed Virgin, and all the Saints, and for the soul of the Lord Edward his father, late King of England, of famous memory, and the souls of Philippa, Queen of England, his most dear consort, and of his children and progenitors."[34]