The historical origin of University College dates from the thirteenth century, and was in this wise. There was in the year 1229, so Matthew Paris relates, a great falling out between the students and citizens of Paris, and, as was usual for Academicians then to do, all the scholars removed to other places, where they could have civiller usage, and greater privileges allowed them, as the Oxonians had done in King John’s time, when three thousand removed to Reading and Maidstone (and as some say to Cambridge also). It appears that the English king, Henry III., was not blind to the advantages which would accrue to his country from an influx of scholars, and therefore published Letters Patent on the 14th July, of that very year, to invite the masters and scholars of the University to England; and foreseeing they would prefer Oxford before any other place, the said king sent several Writs to the Burgers of Oxon, to provide all conveniences, as lodgings, and all other good Entertainment, and good usage to welcome them thither.[3] Among other Englishmen who left Paris in consequence of these dissensions, was Master William of Durham, who repaired at first to Anjou only. But we may well suppose that his attention was drawn by the fostering edicts of the English king to Oxford as a centre of schools. It is certain that when he died, at Rouen, on his way home from Rome, twenty years later, in 1249, “abounding in great Revenues, eminently learned, and Rector of that noble Church of Weremouth, not far from the sea,” he bequeathed to the University of Oxford the sum of three hundred and ten marks, for purchase of annual rents, unto the use of ten or eleven or twelve, or more Masters, who should be maintained withal. The above information is derived from a report drawn up in 1280, by certain persons delegated by the University of Oxford to enquire into the Testament of Master William of Durham; which report is still kept among the muniments of the College, and constitutes our earliest statutes. In the thirteenth century there was not the same choice of investments as to-day. The best one could do was to lend out one’s money to the nobles and king of the Realm, or to purchase houses therewith. The former security corresponded to, but was not so secure as, the consolidated funds of a later age. Nor was house property entirely safe. For in an age when communication between different parts of the country was slow and insecure, it was not of choice, but of necessity, that one bought house property in one’s own city; since farther afield and in places wide apart one lacked trusty agents to collect one’s rents; but in a single city a plague might in one year lay empty half the houses, and so forfeit to the owners their yearly monies.