"May your home be a happy one and an example for the younger generation, in accordance with the fine sentence which William the Great once wrote down as his confession of faith; 'My powers belong to the world and my country.' Accept my blessing for your lives. I drink to the health of the young married couple."

The record of this memorable year may be closed with mention of an institution which is not only a special care of the Emperor's, but is also a landmark in the relation of Germany and America which may prove to be the forerunner, if it has not already done so, of similar interchange of ideas and information between nations which only require mutually to understand each other in order to be the best of friends.

The system of an annual exchange of professors between America and
Germany was suggested, it is believed, to the Emperor in this year by
Herr Althoff, the Prussian Minister of Education. The Emperor took up
the idea with enthusiasm, and after discussing it with Dr. Nicholas
Murray Butler, President of Columbia University, who was invited to
Wilhelmshohe for the purpose, had it finally elaborated by the
Prussian Ministry of Education which now superintends its working.

The original idea of an exchange only between Harvard and Berlin University professors was, thanks to the liberality of an American citizen, Mr. Speyer, extended almost simultaneously by the establishment of what are known as "Roosevelt" professorships. The holders of these positions, unlike the original "exchange" professors between Harvard and Berlin only, may be chosen by the trustees of Columbia University from any American university and can exchange duties for two terms, instead of one in the place of the exchange professors, with the professors of any German University. Harvard professors have been succesively: Francis G. Peabody, Theodore W. Richards, William H. Scofield, William M. Davis, George F. Moore, H. Munsterberg, Theobald Smith, Charles S. Minog; and Roosevelt professors: J.W. Burgess, Arthur T. Hadley, Felix Adler, Benj. Ide Wheeler, C. Alphonso Smith, Paul S. Reinsch, and William H. Sloane.

Writing to the German Ambassador in Washington, Baron Speck von
Sternburg, in November, 1905, the Emperor said:

"Express my fullest sympathy with the movement regarding the exchange of professors. We are very well satisfied with Professor Peabody, the first exchange professor, and thankful to have him. He comes to me in my house, an honourable and welcome guest. My hearty thanks also to Mr. Speyer, for his fine gift for the erection of a professorship in Berlin. The exchange of the learned is the best means for both nations to know the inner nature of each other, and from thence spring mutual respect and love, which are securities for peace."

The idea of the exchange, as described by Professor John W. Burgess, of Columbia University, the first Roosevelt professor to Germany, is

"an exchange of educators which has for its purpose the bringing of the men of learning of one country into other countries and by a comparison of fundamental ideas to arrive at a world-philosophy and a world-morality upon which the world's peace and the world's civilization may finally and firmly rest."

The conception of a world-philosophy and a world-morality upon which the world's peace and civilization may rest is not new, being now a little over 1900 years old, and, moreover, educators and men of science in all countries are constantly exchanging ideas by personal visits, correspondence, and publications; but in any case, the Emperor's exchange system has the advantage that it brings the educators into touch with large numbers of the rising generation in America and Germany and undoubtedly helps towards a better mutual understanding of the relations, and in especial the economic relations, of the two countries.

It has worked well, and the Emperor has encouraged it by showing constant hospitality to the American professors who have come to Berlin since the system was instituted. One or two episodes have given rise to a diplomatic question as to whether or not exchange professors and their wives have the privilege of being presented at Court. The question has practically been decided in the negative. This, however, does not prevent the Emperor entertaining the professors at his palace, or making the acquaintance of the professors' wives on other than Court ceremonious occasions.