Harvard has been particularly fortunate in the past in obtaining sums of money for educational purposes in the form of bequests and in other ways. This good fortune is again seen in the Morgan fellowships which have just been received by the corporation and have been devoted to the support of resident students. The liberality of the terms which the corporation has seen fit attach to the fellowship is certainly a step in the right direction. Heretofore, we believe, the fellowships which have been established have assisted in educating graduates of Harvard in foreign countries. This is undoubtedly an excellent pain to extend the influence of Harvard as university and to afford greater opportunities to graduates of ability and special attainments for a future pursuance of their studies beyond the bounds of any one university.

It has always been a subject of regret, however, that better opportunities could not be offered to students who desired to pursue some special branch here at Harvard, but for pecuniary reasons were unable to do so. With the exception of the scholarships, which are confined almost exclusively to undergraduates, very little pecuniary aid can be offered by the college itself to students who desire to attend some special courses without becoming members of the college proper. The founding of these Morgan fellowships has in a great measure removed this difficulty, as by the regulations which attend their disposal they are to be given to students carrying on their studies at Cambridge who can give evidence by certificates or other wise of their fitness and training for the work which they intend to undertake. The opportunities for a thorough research in any one study are excellent here at Cambridge, both from the nearness of our city to Boston and from the library of the university, in addition to the usual opportunities which are offered by a university of the size of Harvard.

The action of the academic council in offering such liberal terms for the award of these fellowships is but a step in the march of progress which the well-wishers of Harvard desire to see, and will be accompanied with admirable results in increasing the claims of Harvard as the leading university of the country.