1900.] Nohel prizes for literature and science. 109 



Each of the annual prizes established by the Will will be awarded 

 at least once in the course of every period of five years, commencing 

 with the year immediately following that in which the Nobel endow- 

 ment enters on its functions, and the sum total of a prize thus awarded 

 will in no cnse be less than 60 per cent, of the part of the yearly 

 revenues disposable for the distribution of the prizes ; neither can it be 

 divided into more than tln-ee prizes at the most. 



The first distribution of prizes for all sections will take place, if 

 possible, in 1901. From the endowment resources will be deducted: 

 First, a sum of 300,000 crowns (16,0O0Z.) for each section — that is, 

 1,500,000 crowns ( 80,400 Z.) in all — which, with the interest commen- 

 cing from January 1, 1900, will be used to cover, in proportion, the 

 expenses of the organisation of the Nobel institutes in addition to the 

 sum the board of administration siiall judge necessary for the acquisi- 

 tion of a special site destined for the administration of the endowment 

 and including a hall for its meetings. 



The right of presenting proposals for prizes belongs to — 



(1). Native and foreign members of the Royal Academy of 

 Sciences. (2) Members of the Nobel committees for natural philo- 

 sophy and chemistry. (.3) Piofessors who have received the Nobel 

 prize of the Academy of Science. (4) Ordinary and extraordinary 

 professors of natural sciences and chemistry in the Universities of 

 Upsala, Lund, Christiania, Copenhagen and Helsingfors, in the Carolin 

 Institute of Medicine and Surgery, the Superior Technical Royal 

 School, as well as to the professors of the same sciences in the Stock- 

 holm High School. (5) Incumbents of corresponding chairs of at least 

 six universities or high schools, which the Academy of Science will 

 select, taking care to divide them suitably between the different 

 countries and their universities. (6) Learned men, to whom the 

 Academy shall judge proper to send an invitation to this effect. 



The invitations will be sent every year in the month of September. 

 Proposals for the prize must be made before February 1 of the follow- 

 ing year. They will be classified by the Nobel committee and sub- 

 mitted to the college of professors. The Nobel committee will decide 

 which of the works presented shall be submitted to a special examina- 

 tion. The college of professois will pronounce definitely on the 

 distribution of the prize in the course of the month of October. The 

 vote will be taken in secret ; if necessary, the question may be decided 

 by drawing lots. 



The right to present candidates for the Nobel prize belongs to the 

 membeis of the Swedish Academy, the French Academy, and the 

 Spanish Academy, which resemble the Swedish Academy in their 



