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e to become Chairman of this trust. When I told Premier Balfour that I hoped Elgin could be induced to assume this duty, he said promptly, "You could not get a better man in Great Britain." We are all entirely satisfied now upon that point. The query is: where could we get his equal? It is an odd coincidence that there are only four living men who have been made Burgesses and received the Freedom of Dunfermline, and all are connected with the trust for the Universities of Scotland, Sir Henry Campbell-Bannerman, the Earl of Elgin, Dr. John Ross, and myself. But there is a lady in the circle to-day, the only one ever so greatly honored with the Freedom of Dunfermline, Mrs. Carnegie, whose devotion to the town, like my own, is intense. My election to the Lord Rectorship of St. Andrews in 1902 proved a very important event in my life. It admitted me to the university world, to which I had been a stranger. Few incidents in my life have so deeply impressed me as the first meeting of the faculty, when I took my seat in the old chair occupied successively by so many distinguished Lord Rectors during the nearly five hundred years which have elapsed since St. Andrews was founded. I read the collection of rectorial speeches as a preparation for the one I was soon to make. The most remarkable paragraph I met with in any of them was Dean Stanley's advice to the students to "go to Burns for your theology." That a high dignitary of the Church and a favorite of Queen Victoria should venture to say this to the students of John Knox's University is most suggestive as showing how even theology improves with the years. The best rules of conduct are in Burns. First there is: "Thine own reproach alone do fear." I took it as a motto early in life. And secondly: "The fear o' hell's a hangman's whip To haud the wretch in order; But where ye feel your honor grip, Let that aye be your border." John Stuart Mill's rectorial address to the St. Andrews students is remarkable. He evidently wished to give them of his best. The prominence he assigns to music as an aid to high living and pure refined enjoyment is notable. Such is my own experience. An invitation given to the principals of the four Scotch universities and their wives or daughters to spend a week at Skibo resulted in much joy to Mrs. Carnegie and myself. The first meeting was attended by the Earl of Elgin, chairman of the Trust for the Universities of Scotlan
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