One day I accompanied a friend to the University to be present at the "annual commencement," when the degrees are conferred. The "commencement" here occurs about the middle of the term. With us at Cambridge it is at the end. The ceremony took place in the "Wilson Hall," which is used as a Senate House, and for other public functions in connection with the University. The ceremony itself was almost identical with that at one of our Universities, and it was similarly interrupted by noisy Undergraduates, whose humour consisted in rendering the proceedings inaudible without contributing anything amusing of their own. One lady who took a degree was much cheered. The Bishop of Melbourne (Dr. Moorhouse) is the Chancellor, and delivered an address to the "fractious children," and he then called on the Governor of the colony, who with Lady Loch was present, for a speech on the subject then foremost in every one's mind--"Our Defences." This seemed rather strange at a peaceful academical performance, but the Governor acquitted himself in a truly diplomatic style, by telling us nothing we did not know before. On another day I was shown over part of the University by a young gentleman who had taken his degree in law on the previous occasion. There are at present two colleges--Trinity and Ormond--at each of which about 35 Undergraduates are in residence, while there are about the same number at each non-resident. The bulk of the students, however, are unattached. There are 350 altogether, and their number is annually increasing. There is no University discipline outside of the Colleges, and in them the students take their meals together. The sitting-rooms are separate from the bedrooms, and more resemble studies at a public school than rooms at a University, being usually shared between two and furnished by the College. There are no fellowships at the University. At Sydney University on the other hand four fellowships of L400 a year each have been recently given to the University for the encouragement of scientific research--a munificent gift which should lead to much.