The increase of students in the School of Business Administration has already been mentioned. This is significant as showing the appreciation by college men both of the preparation for commercial life which it is designed to give, and of the method in which the instruction is given-the more so since the students come from a great variety of colleges scattered all over the country. The Dean's report presents the figures in detail. The School is also gaining the confidence of an ever-widening circle of business men, who open their doors to inspection and study by the students, send information of their affairs to the professors, and welcome the model systems of accounting in certain trades sent out by the Bureau of Business Research. Several changes have been made in the instructing staff which will be found in the report of the Dean. Two of them relate to professors' chairs-the appointment of William James Cunningham, James J. Hill Professor of Transportation, and the promotion of William Morse Cole from Associate Professor to Professor of Accounting.

The magnificent new laboratories of the Massachusetts Institute of Technology were completed at the close of the year; and we are anxious to obtain a decision on our bill asking for instructions of the court in regard to our authority to make the agreement with the Institute. The hearing has been unavoidably postponed by the illness of the counsel for the trustees under the will of Gordon McKay, but new counsel are now preparing for a hearing as rapidly as possible. Pending a decision it is improper to discuss the matter here, further than to say that a co-operation in instruction and research has been provisionally established in the new buildings of the Institute, that it is working smoothly, and has resulted in an improvement in the instruction previously given in each institution. The foregoing remarks cover only a part of the work of the University, and by no means all the matters of interest to the general public. The reader is, therefore referred to the reports made by the several Deans and Directors whose provinces have not been touched upon here; the Dean of the School of Architecture, of the Dental School, of the Bussey Institution, and of University Extension, the Directors of the Arnold Arboretum, of the Astronomical Observatory, of the Rotch Observatory at Blue Hill, and of the Museums and Laboratories.

Two Retired Professors Died.

Two retired Professors, both eminent in their practice and long connected with the Medical School, died within a few days of each other. One was David Williams Cheever, who had taught Anatomy and Surgery in the School without a break from 1861 to 1893, and who died on December 27, 1915; the other, James Clarke White, who had taught in the Medical School, first Chemistry, and then Dermatology, continuosuly from 1863 to 1902, died on January 5, 1916. During the year strictly covered by this report, the University lost one Professor by death. On the fourteenth of September, Professor Josiah Royce died after a short illness. For several years he had not been well and showed physically the effects of premature age, but his mind and the power of teaching were unimpaired. He came to us as an instructor in Philosophy in 1882 and his increasing reputation grew more and more rapidly as his life went on. The loss to the University and the Department will be hard to repair.

By resignations the University lost from its list of full Professors Edward Cornelius Briggs, Professors Edward Cornelius Briggs Professor of Dental Materia Medica and Therapeutics; Frederic Jessup Stimson, Professor of Comparative Legislation, who resigned because of his appointment as Ambassador to the Argentine Republic; Frederick Law Olmsted, whose engrossing private practice made it impossible to hold longer his position as Charles Eliot Norton Professor of Landscape Architecture. The University has also lost the services of Benjamin Marston Watson, Instructor in Horticulture since 1877. The appointments to full Professorships in the Schools of Law, Medicine, and Business Administration have already been described. In the other departments of the University the promotions to professors' chairs have been those of Charles Howard Mcllwain, Professor of History and Government; James Sturgis Pray, Charles Eliot Professor of Landscape Architecture; George Henry Chase, John E. Hudson Professor of Archaeology; Roland Burrage Dixon, Professor of Anthropology; John Sanford Humphreys, Associate Professor of Architectural Design; and Percy Edward Raymond, Associate Professor of Palaeontology.

The Exchange of Professors with France was maintained during the year. We sent Charles Hall Grandgent, Professor of Romance Languages, and received from Paris, Maurice Caullery, Professor of Zoology. To the Western Colleges we sent Thomas Nixon Carver, David A. Wells Professor of Political Economy; and from these colleges there came to Harvard Professor Atherton Noyes of Colorado Collage; Professor Herbert Couper Wilson of Carleton College; Professor Henry Shoemaker Conrad of Grinnell College; and Professor Royal Brunson Way of Beloit College. Under the foundation of the Professorship of Latin-American History and Economics, Hon. Manoel de Oliveira Lima of Brazil was appointed occupant of the Chair for the year. Of the Professors from Louvain, Leon Dupriez remained as Visiting Lecturer on Philosophy during the second half-year.

Numerous Financial Gifts Received.

The University received as gifts during the financial year for all purposes, beside the annual payment from the Trustees under the will of Gordon McKay, $1,677,621.85, the gifts in excess of $45,000 being as follows:

Estate of Francis Amory: The Amory Astronomical Fund, $51,300.

Anonymous: School of Architucture, $200,000.

Estate of Arthur Beebe: General Purposes of the University, $231,500.

James J. Hill: Instruction in Transportation, $125,000.

Estate of Sarah A. Matchett: "The Matchett Fund" (additional), $50,000.

Estate of James J. Myers: General Uses of Harvard College, $100,000.

Robert Gould Shaw: Theatre Collection in the Colloge Library, $48,800.