The injury wrought upon this country in its national Legislature and in its multitude of State Legislatures by want of knowledge is simply enormous. No one who knows anything of the history of the legislation of any State will dispute this for a moment. The question now arises, is such a state of things necessarily connected with a Republican government? To this I answer decidedly, no. The next question is, is there any practical means of improving this state of things? To this I answer decidedly, yes. [Applause.]

Here comes the practical matter to which I would call your attention. Recently, in the presence of some of you, I spoke at length on the necessity of training men in the institutions of higher learning in this country for the highest duties of citizenship, and especially for practical leadership. I cannot here go into details as I was able to do in that paper, but I can at least say that if there is anything to which a portion of the surplus wealth of men who have been enriched in commerce and trade may well be devoted, it is to making provision in our institutions of learning for meeting this lack of young men trained in history, political and social science, and general jurisprudence—in those studies which fit men to discuss properly and to lead their fellow-citizens rightly in the discussion of the main questions relating to commerce, to diplomacy, and to various political and social subjects. [Applause.]

I fully believe that one million dollars distributed between four or five of our great institutions of learning for this purpose would eventually produce almost a revolution for good in this country, and that in a very few years the effect of such endowments would be seen to be most powerful and most salutary. Provision on the largest scale should be made for the training of young men in political and social science, in such institutions as Harvard, Yale, Amherst, Columbia, Princeton, Union, Johns Hopkins University, the State Universities of Michigan, Wisconsin, Virginia, Minnesota, and California, and I trust that you will permit me to add, Cornell. [Applause.]

I do not pretend, of course, that this would supersede practical training—no theoretical training can do this—but it would give young men, at any rate, a knowledge of the best thoughts of the best thinkers, on such subjects as taxation, representation, pauperism, crime, insanity, and a multitude of similar questions; it would remove the spectacle which so often afflicts us in our National and State legislatures, of really strong men stumbling under loads of absurdity and fallacy, long ago exploded by the best and most earnest thought of the world, and it would teach young men to reason wisely and well on such subjects, and then, with some practical experience, we should have in every State a large number of well-trained men ready to reason powerfully and justly, ready to meet at a moment's warning pernicious heresies threatening commerce and trade and our best political and social interests. Had there been scattered through California during the recent canvass for their new constitution, twenty men really fitted to show in the press and in the forum the absurdities of that Constitution, it would never have been established. [Loud applause.]

Ten thousand dollars to any one of these colleges or universities would endow a scholarship or fellowship which would enable some talented graduate to pursue advanced studies in this direction. Ten thousand to twenty thousand dollars would endow a lectureship which would enable such a college or university to call some acknowledged authority on political subjects to deliver a valuable course of lectures. Thirty to fifty thousand dollars would endow a full professorship—though I must confess that in subjects like this, I prefer lectureships for brief terms to life-long professorships—and at any of these institutions the sum of two hundred thousand or three hundred thousand dollars, under the management of such men as may be found in any one of them, would equip nobly a department in which all these subjects may be fully treated and fitly presented to young men. Such a department would send out into our journalism, into our various professions, and into our public affairs, a large number of young men who could not fail to improve the political condition of the country, and would do much to ward off such dealings with commerce, with currency, with taxation, and with the diplomatic and consular service as have cost the world and our own nation so dear hitherto. [Applause.]

I can think of no more noble monument which any man of wealth could rear to himself than a lectureship or professorship or a department of this kind, at one of our greater institutions of learning, where large numbers of vigorous and ambitious youths are collected from all parts of the country; I do not, of course, say that all of these men would be elected to public office; in the larger cities, they perhaps would not, at least, at first; in the country, they would be very frequently chosen, and they could hardly fail to render excellent service. [Applause.]

Any man worthy of the name, leaving his country for a long residence outside its borders, feels more and more impressed with what is needed to improve it. If I were called upon solemnly at this hour to declare my conviction as to what can best be done by men blessed with wealth in this Republic of ours, I would name this very thing to which I have now called your attention. [Applause.] It has been too long deferred; our colleges and universities have as a rule only had the means to give a general literary and scientific education, with very little instruction fitting men directly for public affairs. But the events of the last few years show conclusively that we must now begin to prepare the natural leaders of the people for the work before them, and by something more than a little primary instruction in political economy and the elements of history in the last terms of a four years' course. [Applause.]

The complexity of public affairs is daily becoming greater; more and more it is necessary that men be trained for them. Not that practical men, trained practically in public affairs will not always be wanted—practical men will always be in demand—but we want more and more a judicious admixture of men trained in the best thought which has been developed through the ages on all the great questions of government and of society. [Applause.]

No country presents a more striking example of the value of this training than does that great nation with which my duties are shortly to connect me. [Applause.] Several years since she began to provide in all her universities for the training of men in political and social questions, for political life at home and for diplomatic life abroad. This at first was thought to be another example of German pedantry, but the events of the last fifteen years have changed that view. We can now see that it was a part of that great and comprehensive scheme begun by such men as Stein and Hardenbergh and carried out by such as Bismarck and his compeers. [Applause.]

Other nations are beginning to see this. In France, within a few years, very thoroughly equipped institutions have been established to train men in the main studies required in public life and in diplomacy; the same thing is true in England and in Italy. Can there be again, I ask, a more fitting object for some of the surplus wealth of our merchant princes than in rendering this great service to our country, in furnishing the means by which young men can have afforded them a full, thorough, and systematic instruction in all those matters so valuable to those who are able to take the lead in public affairs. [Applause.]