eat
happiness of devoting yourself for life to a noble public work without
reserve, or stint, or thought of self, looking for no advancement,
'hoping for nothing again,' Knowing well by experience the nature of the
charge which you this day publicly assume, familiar with its cares and
labors, its hopes and fears, its trials and its triumphs, I give you joy
of the work to which you are called, and welcome you to a service which
will task your every power.

"The true greatness of States lies not in territory, revenue,
population, commerce, crops or manufactures, but in immaterial or
spiritual tilings; in the purity, fortitude and uprightness of their
people, in the poetry, literature, science and art which they give birth
to, in the moral worth of their history and life. With nations, as with
individuals, none but moral supremacy is immutable and forever
beneficent. Universities, wisely directed, store up the intellectual
capital of the race, and become fountains of spiritual and moral power.
Therefore our whole country may well rejoice with you, that you are
auspiciously founding here a worthy seat of learning and piety. Here may
young feet, shunning the sordid paths of low desire and worldly
ambition, walk humbly in the steps of the illustrious dead--the poets,
artists, philosophers and statesmen of the past; here may fresh minds
explore new fields and increase the sum of knowledge; here from time to
time may great men be trained up to be leaders of the people; here may
the irradiating light of genius sometimes flash out to rejoice mankind;
above all, here may many generations of manly youth learn
righteousness."

INAUGURAL ADDRESS OF THE FIRST PRESIDENT.

In his inaugural address, the President of the Johns Hopkins University,
after a grateful reference to the founder and his generosity, and a
reminder that the endowment, large as it appears, is not large when
compared with the acquisitions of many other institutions, called
attention to some of the special distinctions of this gift. Among them
were named: the freedom from conditions; the absence of political or
ecclesiastical control; the connection with an endowed hospital; the
geographical advantages of Baltimore; and the timeliness of the
foundation. Five agencies for the promotion of superior instruction were
next briefly discussed, universities, learned academies, colleges,
technical schools, and museums. The object of these paragraphs was to
suggest the di