12 MARCH 1892, Page 2

Mr. Balfour explained on Thursday night that the Gresham University

Charter is to be referred back to the Privy Council, and that the Privy Council would refer it to a new and stronger Commission. That is well, and we do not doubt that it may be greatly improved by such a reference, especially if the Commissioners concentrate their attention on the real need, the need for extending and improving the Teaching Colleges in London, rather than the need for re- organising degree-giving bodies. But far too much is expected of this or any other Commission, unless considerable sources of new revenue can be found. Gresham College is not rich, and that is the only new source of revenue which appears to have been hitherto discovered.