The conclusion to which these considerations lead is simple. No new institution is needed to pursue work on traditional lines, guided by traditional ideas. But, if a new idea is to be vigorously prosecuted, then a young and vigorous institution, specially organized to put the idea into effect, is necessary. The project of building up in our midst, at the most appropriate point, an organization of leading scientific investigators, for the single purpose of giving a new impetus to American science and, if possible, elevating the thought of the country and of the world to a higher plane, involves a new idea, which can best be realized by an institution organized for the special purpose. While this purpose is quite in line with that of the leading universities, it goes too far beyond them to admit of its complete attainment through their instrumentality. The first object of a university is the training of the growing individual for the highest duties of life. Additions to the mass of knowledge have not been its principal function, nor even an important function in our own country, until a recent time. The primary object of the proposed institution is the advance of knowledge and the opening up of new lines of thought, which, it may be hoped, are to prove of great import to humanity. It does not follow that the function of teaching shall be wholly foreign to its activities. It must take up the best young men at the point where universities leave them, and train them in the arts of thinking and investigating. But this training will be beyond that which any regular university is carrying out.