THE CARNEGIE FOUNDATION.t THE substance of this Report may be
easily stated. The Carnegie Foundation has an income of about 2110,000, which is devoted entirely to providing retiring pensions for Emeriti Professors whose term of activity has come to an end from old age or length of service. It also helps in cases of dis- ability from illness, and it gives pensions to the widows of Professors. It has been in operation for two years, and it now appropriates for these purposes about four-sevenths of its income. The balance is accumulated for future wants, which, it is obvious, will be quite sufficient to account for the whole sum. At the end of the first year there were a hundred and forty-eight persons on the roll, who received in all about 241,000; at the end of the second two hundred and one, receiving about half as much again. The rate of increase will diminish, as, of course, there was an accumulation of cases to be provided for at first. On
• Everyman'. Library. Edited by Erneet Rbys. London : 3. M. Dent. and Co. [Is. net per vol.]
t Report of the Carnegie Foundation for the Advancement of Education, HO. New York : 676 Fifth Avenue.
the other band, more and more institutions will qualify themselves for the class of "Accepted Institutions." This now includes forty-one Universities and Colleges, seven having been admitted during the year. These seven are Bowdon's College, the Central University of Kentucky, Drake Univer- sity, Drury College, Franklin College, Rose Polytechnic Institute, and Cincinnati University. The Report gives a sketch of their several histories, a very interesting record. It ehould be said that individuals from institutions not yet accepted are allowed to participate in the benefits of the Foundation. We must not forget to record that by a graceful extension of the "Monroe doctrine" two Canadian institu- tions (Dalhousie College, Halifax, Nova Scotia, and McGill University, Quebec) are among the "accepted," and that three other pensions are given to Canadian recipients. The average of the annual allowances slightly exceeds 2800. It is interest- ing to observe that the beneficiaries in the "North Atlantic" division of the States—i.e., the six New England States, New York, New Jersey, and Pennsylvania—exceed in number tbe total of all the others : one hundred and twenty to one hundred and sixteen (the Canadian benefactions are not reckoned). The Report states that a further benefaction of 21,000,000 has been received from the founder to be applied in extending the system to tax-supported institutions. A very curious history of one such institution is given further on in the Report. A municipal governing body made revolutionary changes in the College it controlled, such as would be paralleled if the Oxford City Council dismissed the Master of Balliol and put in his place a Nonconformist minister from some neighbouring village. This will not be the easiest part in the future administration of the Foundation.
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