The President of the college has spoken to you of the pleasing fact that there is an endowment of seventy thousand dollars for fellowships. Well, when I was in college, a very moderate endowment of five dollars contributed by those who were associated as companions was a very good endowment for good fellowship. [Laughter.] And now in looking at life as it is, as we remember it in college and have seen it since, who is there that would compare mere fellowship with good-fellowship? What is there that is heartier, what sincerer, what more generous and what more just than the relations of young men of a liberal spirit toward one another in college? How many of us as we have gone on in life, prosperous, as we may have been, with nothing to complain of as to our success or our situation--how many of us have been disposed to repeat that lament of AEneas where he was continually baffled in holding closer conversation with his goddess-mother who was always carried off in a nimbus or her accents lost in the whisper of the wind:-- "cur dextrae jungere dextram Non datur, ac veras audire et reddere voces?" Maybe in the good-fellowship of after-life, you, Mr. President, will not hesitate to walk down Broadway with your arm over General Jackson's shoulder and his about your waist, and then all the people shall cry with applause: "See how Yale men love one another!" You will observe, from this little classic allusion that I am on the side of those who favor in the curriculum the maintenance of the learned languages. For myself, whether an education in the classic languages and in the classic literature should or should not be discarded from the education of the noble youth of the country is the question whether it is worth while in the advancing and strenuous life of modern times that men should have a liberal education. For be sure that there is no trait in that education that entitles it to the name of liberal more sure and more valuable than this education in the literature, in the history, in the language of the great men of the ages past. If any boy is put through what is called a liberal education, and finds when he goes out from it, that he is not on a level with those who understand and cherish the Greek language and literature, he will find that he is mistaken in wishing to dispense with that distinguishing trait.