For I am thoroughly convinced that the purpose which is answered by the study of Modern and Medieval History is twofold ; it is at once the process of acquisition of a stock of facts, an ignorance of which unfits a man from playing the very humblest part as a citizen, or even watching the politics of his own age with an intelligent apprehension ; and it is an educational discipline directed to the cultivation of powers for whose development, as it seems to me, no other training is equally efficacious. It is but natural that I should speak thus of a study which has been to me the pleasure, rest, and comfort of a somewhat busy and anxious life, to whose teachings I feel myself indebted for whatever power of judgment, critical experience, or speculative equity, if I may be allowed to use such a form of words, I am conscious of possessing.- I wish to undervalue no other system of training, no other field ofinquiry, but I speak of this as I love it, and as, if a sound purpose of doing with my might what my hand has found to do can be any pledge of honest and effectual work, I trust those who will apply themselves to it with my assistance will come to love it and profit by it as well. But as I shall have, no doubt, to say more than enough about myself before I finish this lecture, I will proceed now, in that desultory way which the nature of an inaugural lecture necessitates, to say something about my founder and my predecessors; and, having done that, to enlarge somewhat on the place which our study has among the pursuits of this University, the method of training, and the end which I propose to myself in the work that lies before me. I have pleaded guilty to a natural trepidation, I have acknowledged that what I have to say will be desultory. I think that the circumstances account for both, and trust to you for an equitable consideration. The Professorship of Modern History was founded in the year 1724 by King George I; a prince of whom those who