A CLAUSE in Mr. Sumner's will establishes an annual prize consisting of the interest of $1,000 for the best essay from any member of any department of Harvard College. He assigned for a subject, "Universal Peace and the Methods by which War may be permanently suspended." Though none recognized more fully than he that armed injustice must be crushed by the strong hand of power, he still numbers himself among those who believe that in some future age the Diplomat shall entirely supersede the General. It is a matter of some doubt, perhaps, whether Universal Peace shall dawn before the Millennium. Matters of boundary-lines may be decided by councils, and wars of territorial aggrandizement cease; but the clash of ideas has ever been, and seems likely ever to be, attended by physical strife. The bloodiest pages in history record most fully the progress of truth. But whether war be regarded as a necessary element of advance or not, any measures to diminish its frequency, so as to cut off all but the inevitable, must be welcomed by every one. The gift is appreciated by us, not only as indicative of his ample generosity, but as showing his faith in mankind, and hopes for the ultimate happiness of the race.