THE ECONOMIC JOURNAL and dusty mine of mediaeval records, but also himself elaborated, purified, polished the precious mass for permanent use and solid ornament. Nor can I be unmindful of the first occupant of this chair, of Senior, who, while advancing the boundaries of the science at almost all its frontiers, was at the same time versed and active in affairs, and contributed to history by recording the opinions of the men who made history. ?Vhen I remember the distinguished publicists who have occupied this chair, I am conscious of the deficiencies of their successor. I can but promise that zeal in academic teaching will. not be deficient. I venture also to indicate a more external advantage which is likely to conduce to the usefulness of my office. I allude to the opportunity of collecting contempor. ary opinions and events as it were into a focus which is afforded by the position of the editor of the journal which is the organ of the British Economic Association. In furthering the?)bjects of that Association I hope for much assistance from my fellow students in this University. , F? . EDGEWORTH.