Also there is the manager of the Brown & Sharpe Company; the president of the Cadillac Motor Car Company; the head of a big New York banking company, president of a railroad and a coal company, director of three railroads, three trust companies, a milk company, a patent medicine company, and a brick company; a very wealthy manufacturing chemist; an influential New England textile manufacturer; a steel magnate; a lawyer, who is president of a land company and secretary of several railroads and trust companies; the treasurer of the largest textile manufacturing company in New England, who is director in half a dozen others, and in half a dozen of the largest financial institutions; another Providence banker; and, finally, Secretary of State Charles E. Hughes. Mr. Hughes first came under my observation when I studied the life insurance scandals in New York City. I noted that he sternly carried these investigations to the point necessary to put Morgan and his group in control, and stopped exactly at that point. For this service he was awarded a national reputation and the governorship of New York State. He has since occupied the Supreme Court bench, and come within a few votes of being president, and is now guiding the foreign affairs of our country, making a desperate and almost a successful effort to exceed the futility of the Wilson administration. What happens to a great and wealthy university under such a regime? Brown has a high tradition, derived from Roger Williams, most famous of New England’s religious rebels. But in 1899 its president, Andrews, was ousted, because he had dared to back Bryan in the campaign of 1896. Quite recently occurred a similar case, when William MacDonald, professor of history, was forced out, to become one of the editors of the “Nation.” Brown in its day had such outstanding men as Lester F. Ward and Meikeljohn, now president of Amherst; but those days have passed, and there has followed a regime of intellectual dry-rot. It is a League of the Old Men, maintaining a caste system, based upon seniority; any young instructor who arises to suggest a new idea is quickly taught his place. A professor who knows the situation intimately writes: