You may say that this is contrary to the well-known fact that a high premium is everywhere put upon initiative and originality. But if you look closer you will find that these qualities, in order to be well paid, must have a demonstrable power to enhance pecuniary values already on the market. An advertising man with a genius for novel and efficacious appeal may demand a great salary, but if he devotes the same genius to radical agitation he may not be allowed to hold any job at all. It is possible, no doubt, to extend considerably the means by which fruitful originality is anticipated and pecuniary recognition prepared for it, as is done, for example, in the endowment of research. The trouble here is to provide any standard of originality which shall not become conventional, and so, in practice, merely perpetuate an institution. Even the endowment of research, like fellowships in theological institutions, has in some degree this effect. We hear a great deal nowadays to the effect that the values of scholars and teachers lack pecuniary appreciation and security in the universities, that boards of trustees do not understand the finer kinds of merit and often use the funds under their control to employ men of business or administrative capacity rather than in evoking or attracting notable men of the type to further which universities exist; also that men are under pressure (indirectly pecuniary) not to teach anything repugnant to the ascendant commercialism, which the authorities unconsciously represent. In so far as this is true the remedy would seem to be to define and promote the type, to make clear in academic groups and in public opinion what the higher merits are, so that every board will be intelligently eager to secure them; in a word, to foster the institution, in the highest sense, and insist that complete freedom of function shall be a part of it.