It is undoubtedly in consequence of the inadequate support which scientific teachers generally receive in this country that public sentiment tolerates with them practices which sober judgment must condemn; and it must be remembered that under these circumstances a teacher, if he is faithful to the routine of his office, may devote his remaining energies to commercial work, not only without any consciousness of wrong-doing, but even with the approbation of his associates. Hence, it is the more important to establish firmly in the public mind the well-founded opinion that the endowed professorships of our higher institutions of learning are offices of public trust, to be administered solely for the public good. There is no hardship in this position; since perfectly legitimate and honorable avenues are opened to the scientific scholar, on which he may expend his business energies, and, at the same time, use his scientific knowledge; and for many men these avenues lead in the directions in which they can not only most effectually advance themselves in worldly prosperity, but also most benefit their fellows. Among the men of practical ability who have developed a new industry, or introduced a new invention, and who have acquired wealth thereby, are to be found some of the greatest benefactors of their race; and far would it be from me to institute a comparison between the practical men and the scholars. All we claim is that the men of affairs should resign the endowments intended for the maintenance of scholars to those whose zeal is sufficient to induce them to make gladly the sacrifices which the advancement of knowledge usually entails.