MORRIS KETCHUM JESUP 
that which is exchangeable in the current coin of the market; 
but the highest results of character and life offer something 
which cannot be weighed in the balances of the merchant, 
be he ever so wise in his generation." 
This remarkable series of sentences contains the secret of Mr. 
Jesup's administration which crowned it with success: his sympathy 
with the ideals of science, his dominant desire that they should be 
brought within the comprehension of all classes of people, his firm 
conviction that truth values are higher than money values, his love 
of the beautiful. It does not, of course, indicate the other qualities 
of character which enabled him to carry these ideals into effect, namely, 
his business instinct, his incessant energy of mind, his excellent judg- 
ment, his liberality. 
The Board of Trustees at the opening of his administration was Trustees, 
constituted as follows : 
Morris K. Jesup, James M. Constable, 
Robert L. Stuart, William E. Dodge, 2d, 
Robert Colgate, Joseph W. Drexel, 
Benjamin H. Field, Andrew H. Green, 
Adrian Iselin, Frederick W. Stevens, 
J. Pierpont Morgan, Abram S. Hewitt, 
D. Jackson Steward, Charles Lanier, 
Joseph H. Choate, Hugh Auchincloss, 
Percy R. Pyne, Oliver Harriman, 
John B. Trevor, Cornelius Vanderbilt. 
Many of these Trustees contributed largely both of their time 
and of their means to the support of the administration. 
Among Mr. Jesup's first acts was the establishment of the Depart- 
ment of Woods and Forestry, under the direction of Professor Charles 
S. Sargent, of Cambridge, the leading authority on this subject. The 
opportunity of making the collection arose in connection with the 
preparation of the Tenth Census of the United States, which embodied Woods, 
the plan of a report upon the wood resources of this country. Parties 
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