It is currently reported by the press that a "certain Western editor, Proposes to leave his fortune by will to found a chair of practical journalism in some Eastern college,-presumably Harvard or Yale. And although there is a delightful air of vagueness about the statement contained in the words "Western editor" and "fortune" that makes it read after the manner of an old fable, still, like an old fable, it has a moral, and it is of this moral that we propose to say a few words. the whole tone of our colleges is, we think, undergoing a considerable change in one respect in particular, namely, the light in which the profession of journalism is regarded. A few days since one of our exchanges made use of some figures to show the difference the last few years have made, and the result was surprising. The same feeling can be traced here. College-bred men from one cause or another naturally drift into journalism, and every year the change is becoming more marked. Whether or not the story of the "Western editor" and his "fortune" is a myth, nevertheless we cannot but think that some such move as he proposed could be most advantageously made. The foundation of a chair of practical journalism would certainly fill a want that, as we have said, is growing stronger every year. Such a chair would deal in subjects that are of the most vital importance to every intelligent American of the present day. It would direct intelligently the general course of men who have the profession of journalism in view. Even to those who had no thought of writing for a livelihood, the instruction of such a department would be most valuable for the education of a budding statesman, or of a budding economist, would naturally follow to a large degree the same line of thought as a journalist. It is only of late years that political economy or even the literature of our own language have taken their present prominence, and so it is with a good deal of hope that we look forward in expectation of seeing in the near future the fulfillment of this scheme of the quasi legending "Western editor."