The Stanford University of California has just received what is
probably the largest gift of property ever made to any educational institution since the world began. Mrs, Stanford, the.widow Of the millionaire who originally founded the University, has transferred to it property worth 26,000,000. ITalf the amount is in money and half in land. The latter is an estate of over 1,000,000 acres,—a great part of which is likely to increase vastly in value. Whether learning with a bulging purse will do as well as learning with an empty one remains to be seen, but meantime we cannot but praise the public spirit of those Americans who endow Universities so munificently- Along with this announcement comes the statement that Mr. Carnegie is to endow a University at Washington with £2,000,000. That is good news, for Washington, which is always a source of pride and pleasure to Americans, should also be loved and admired as young mai love and admire their Alma Mater,—should touch the heart as well as the head of the nation. While he is about it, we wish Mr. Carnegie would found at Oxford and at Cambridge two annual post-graduate scholarships to his Washington University, and two post-graduate scholarships from Washington to each of our old Universities. That would be a most useful exchange of academic products.
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