I direct that subject to the conditions and trusts hereinbefore contained the said Federal Government shall from the time it shall be constituted have the management administration and control of the said devise and legacy and that my Trustees shall as soon as may be thereafter vest and pay the devise and legacy given by the two last preceding clauses hereof in and to such Government if a corporate body capable of accepting and holding the same or if not then in some suitable corporate body so capable named by such Government and that in the meantime my Trustees shall in their uncontrolled discretion manage administer and control the said devise and legacy.
(4.) Bequests to Oriel College, Oxford.
I give the sum of £100,000 free of all duty whatsoever to my old college Oriel College in the University of Oxford ([1]) and I direct that the
- ↑ In the list of the Masters of Arts of Oriel College, in the year 1881, occurs this entry: “Rhodes, Cecil John,” to which a note is added, “late Premier of the Cape Colony.” Tradition says that Oriel was first founded by Edward II., who vowed as he fled from Bannockburn he would found a religious house in the Virgin's honour if only Our Lady would save from the pursuing Scot. Edward III. gave the University the mansion called Le Oriole which stood on the present site of the College. A portrait of Sir Walter Raleigh hangs on the walls of the College Hall. The present income of the College is said to be not more than £7,500 per annum. The revenue of the twenty-one Colleges of Oxford is £206,102, or less than £10,000 each. The present Provost of Oriel is David Binning Monro: he is also Vice-Chancellor of the University. Among the hon. Fellows are Mr. Goldwin Smith, Lord Goschen, and Mr. Bryce. Among the famous names associated with Oriel besides those of Raleigh and Rhodes are the following:—Archbishop
