﻿1874.] 
  

  

  President's 
  Address. 
  

  

  63 
  

  

  tion 
  of 
  education 
  and 
  learning 
  in 
  every 
  part 
  of 
  the 
  world, 
  as 
  circum- 
  

   stances 
  permit," 
  the 
  Trustees 
  having 
  an 
  " 
  absolute 
  and 
  uncontrolled 
  dis- 
  

   cretion 
  " 
  as 
  to 
  the 
  mode 
  of 
  applying 
  it. 
  The 
  income 
  of 
  the 
  Trust, 
  which 
  

   is 
  being 
  gradually 
  augmented 
  by 
  the 
  sale 
  of 
  building-lots 
  at 
  Sydney, 
  

   where 
  Dr. 
  Grilehrist 
  had 
  invested 
  a 
  considerable 
  sum 
  in 
  the 
  purchase 
  of 
  

   an 
  estate 
  with 
  a 
  view 
  to 
  its 
  ultimate 
  rather 
  than 
  its 
  immediate 
  produc- 
  

   tiveness, 
  now 
  amounts 
  to 
  about 
  £4000 
  per 
  annum. 
  The 
  Trustees 
  have 
  

   created 
  various 
  Scholarships 
  for 
  bringing 
  young 
  men 
  of 
  ability 
  from 
  India 
  

   and 
  the 
  Colonies 
  to 
  carry 
  on 
  their 
  education 
  in 
  this 
  country 
  ; 
  and 
  they 
  

   have 
  also 
  given 
  assistance 
  to 
  various 
  educational 
  institutions 
  which 
  they 
  

   considered 
  to 
  have 
  a 
  claim 
  for 
  occasional 
  help 
  from 
  the 
  Fund, 
  such 
  as 
  the 
  

   Working 
  Men's 
  College 
  in 
  London 
  and 
  the 
  Edinburgh 
  School 
  of 
  Arts 
  ; 
  

   and 
  they 
  have 
  instituted 
  short 
  courses 
  of 
  scientific 
  lectures 
  to 
  working 
  

   men 
  in 
  London, 
  Manchester, 
  Leeds, 
  and 
  Liverpool. 
  

  

  The 
  Trustees 
  now 
  desire 
  to 
  do 
  something 
  effectual 
  for 
  the 
  advancement 
  

   of 
  learning 
  ; 
  and 
  a 
  scheme 
  — 
  subsequently 
  submitted 
  to 
  the 
  Council 
  of 
  the 
  

   Royal 
  Society 
  — 
  was 
  suggested 
  by 
  Dr. 
  Carpenter, 
  the 
  Secretary 
  of 
  the 
  Trust, 
  

   as 
  one 
  which 
  seemed 
  to 
  him 
  to 
  be 
  the 
  most 
  effectual 
  for 
  carrying 
  out 
  this 
  

   object 
  ; 
  and 
  it 
  was 
  adopted 
  by 
  the 
  Trustees 
  on 
  his 
  recommendation. 
  

  

  In 
  a 
  letter 
  addressed 
  to 
  myself 
  in 
  June 
  last 
  Dr. 
  Carpenter 
  informed 
  your 
  

   Council 
  that 
  the 
  Trustees 
  of 
  the 
  Fund 
  had 
  resolved 
  to 
  employ 
  a 
  portion 
  of 
  

   it 
  in 
  the 
  promotion 
  of 
  scientific 
  research, 
  and 
  empowered 
  him 
  to 
  submit 
  the 
  

   following 
  liberal 
  proposal 
  to 
  the 
  consideration 
  of 
  your 
  Council 
  : 
  namely, 
  the 
  

   Trustees 
  propose 
  annually 
  to 
  entertain 
  the 
  question 
  of 
  placing 
  £1000 
  at 
  

   the 
  disposal 
  of 
  the 
  Council 
  of 
  the 
  Royal 
  Society 
  to 
  be 
  expended 
  in 
  grants 
  

   to 
  men 
  of 
  proved 
  ability 
  in 
  scientific 
  research, 
  but 
  who, 
  from 
  their 
  limited 
  

   pecuniary 
  means, 
  are 
  precluded 
  from 
  prosecuting 
  inquiries 
  of 
  great 
  inter- 
  

   est 
  by 
  the 
  necessity 
  of 
  devoting 
  to 
  remunerative 
  work 
  the 
  time 
  they 
  

   would 
  wish 
  to 
  devote 
  to 
  such 
  inquiries, 
  the 
  Council 
  of 
  the 
  Society 
  to 
  

   undertake 
  on 
  their 
  part 
  to 
  recommend 
  to 
  the 
  Trustees 
  suitable 
  subjects 
  of 
  

   inquiry, 
  competent 
  men 
  circumstanced 
  as 
  indicated, 
  and 
  the 
  sum 
  to 
  be 
  

   assigned 
  in 
  each 
  case. 
  The 
  Trustees 
  desire, 
  further, 
  that 
  the 
  grants 
  should 
  

   not 
  be 
  regarded 
  as 
  eleemosynary, 
  but 
  rather 
  as 
  Studentships 
  carrying 
  with 
  

   them 
  scientific 
  distinction, 
  and 
  not 
  as 
  rewards 
  for 
  past 
  work, 
  but 
  as 
  

   means 
  for 
  work 
  to 
  be 
  done. 
  

  

  Upon 
  this 
  communication 
  (in 
  which 
  you 
  cannot 
  fail 
  to 
  perceive 
  not 
  only 
  

   an 
  enlightened 
  regard 
  for 
  the 
  interests 
  of 
  science 
  on 
  the 
  part 
  of 
  the 
  

   Trustees, 
  but, 
  on 
  the 
  part 
  of 
  their 
  Secretary, 
  an 
  accurate 
  perception 
  of 
  the 
  

   best 
  means 
  of 
  supplying 
  one 
  of 
  the 
  greatest 
  scientific 
  needs), 
  your 
  Council 
  

   appointed 
  a 
  Committee 
  to 
  report 
  on 
  the 
  proposal. 
  Their 
  labours 
  are 
  

   already 
  concluded 
  ; 
  the 
  proposition 
  has 
  been 
  accepted, 
  but 
  under 
  stipu- 
  

   lation 
  for 
  fulfilment 
  of 
  the 
  following 
  conditions 
  by 
  applicants 
  for 
  the 
  

   grants 
  : 
  — 
  

  

  That 
  the 
  grants 
  should 
  be 
  made 
  for 
  one 
  year 
  only 
  in 
  each 
  case, 
  though 
  

   subject 
  to 
  renewal. 
  

  

  