Széchenyi did not, however, neglect the intellectual needs of his country either. When still a young cavalry officer he offered one year’s revenue of his estates (£10,000 in value; nominally, £5,000) for the establishment of a national Hungarian Academy of Science, the members of which were to consider the cultivation and development of the Hungarian language as their prime duty. Széchenyi’s magnanimous offer was at once responded to by similar offers on the part of three rich magnates (Count George Andrássy, Count George Károlyi, and Baron Abraham Vay), and thus a serious commencement was made with the founding of an intellectual centre in Hungary. The Academy (“_Magyar Tudományos Akadémia_”) was formally established in 1830, its first president being Count Joseph Teleki. Among the great number of linguistic, historic, and scientific works, both original and translations, published by the Academy, we may mention the “_Monumenta_,” or historic sources of Hungary; several smaller dictionaries for current use, and the great Dictionary of the Hungarian Language, edited by Gregory Czuczor and John Fogarasi (1844-1874); the translation of the best works of foreign authors on History, Philosophy, Law, and Science, including, amongst others, almost all the standard works of English literature; and a series of original researches into all branches of Science, descriptive, mathematical, physical and chemical. Together with numerous writers of that period, Széchenyi also attempted, and very felicitously too, an internal reform of the Magyar language, to the vocabulary of which he added some needed and now generally accepted terms.