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shrewd expedients and lives on the margin of error; on the



fluctuating margin of human miscalculation。 The training given by



these two lines of endeavour  science and business  is wholly



divergent; with the notorious result that for the purposes of



business enterprise the scientists are the most ignorant;



gullible and incompetent class in the community。 They are not



only passively out of touch with the business spirit; out of



training by neglect; but they are also positively trained out of



the habit of mind indispensable to business enterprise。 The



converse is true of the men of business affairs。(6*)



    Plato's classic scheme of folly; which would have the



philosophers take over the management of affairs; has been turned



on its head; the men of affairs have taken over the direction of



the pursuit of knowledge。 To any one who will take a



dispassionate look at this modern arrangement it looks foolish;



of course;  ingeniously foolish; but; also; of course; there is



no help for it and no prospect of its abatement in the calculable



future。



    It is a fact of the current state of things; grounded in the



institutional fabric of Christendom; and it will avail little to



speculate on remedial corrections for this state of academic



affairs so long as the institutional ground of this perversion



remains intact。 Its institutional ground is the current system of



private ownership。 It claims the attention of students as a



feature of the latterday cultural growth; as an outcome of the



pecuniary organization of modern society; and it is to be taken



as a base…line in any inquiry into the policy that controls



modern academic life and work  just as any inquiry into the



circumstances and establishments of learning in the days of



scholasticism must take account of the ecclesiastical rule of



that time as one of the main controlling facts in the case。 The



fact is that businessmen hold the plenary discretion; and that



business principles guide them in their management of the affairs



of the higher learning; and such must continue to be the case so



long as the community's workday material interests continue to be



organized on a basis of business enterprise。 All this does not



promise well for the future of science and scholarship in the



universities; but the current effects of this method of



university control are sufficiently patent to all academic men;



 and the whole situation should perhaps trouble the mind of no



one who will be at pains to free himself from the (possibly



transient) preconception that 〃the increase and diffusion of



knowledge among men〃 is; in the end; more to be desired than the



acquisition and expenditure of riches by the astuter men in the



community。







    Many of those who fancy themselves conversant with the



circumstances of American academic life would question the view



set forth above; and they would particularly deny that business



principles do or can pervade the corporate management of the



universities in anything like the degree here implied。 They would



contend that while the boards of control are commonly gifted with



all the disabilities described  that much being not open to



dispute  yet these boards do not; on the whole; in practice;



extend the exercise of their plenary discretion to the directive



control of what are properly speaking academic matters; that they



habitually confine their work of directorship to the pecuniary



affairs of the corporation; and that in so far as they may at



times interfere in the university's scholarly and scientific



work; they do so in their capacity as men of culture; not as men



of property or of enterprise。 This latter would also be the view



to which the men of property on the boards would themselves



particularly incline。 So it will be held by the spokesmen of



content that virtually full discretion in all matters of academic



policy is delegated to the academic head of the university;



fortified by the advice and consent of the senior members of his



faculty; by the free choice of the governing boards; in practice



drawn out from under the control of these businessmen in question



and placed in the hands of the scholars。 And such; commonly; is



at least ostensibly the case; in point of form; more particularly



as regards those older establishments that are burdened with



academic traditions running back beyond the date when their



governing boards were taken over by the businessmen; and more



particularly in the recent past than in the immediate present or



for the establishments of a more recent date。



    This complaisant view overlooks the fact that much effective



surveillance of the academic work is exercised through the



board's control of the budget。 The academic staff can do little



else than what the specifications of the budget provide for;



without the means with which the corporate income should supply



them they are as helpless as might be expected。



    Imbued with an alert sense of those tangible pecuniary values



which they are by habit and temperament in a position to



appreciate; a sagacious governing board may; for instance;



determine to expend the greater proportion of the available



income of the university in improving and decorating its real



estate; and they may with businesslike thrift set aside an



appreciable proportion of the remainder for a sinking fund to



meet vaguely unforeseen contingencies; while the academic staff



remains (notoriously) underpaid and so scantily filled as



seriously to curtail their working capacity。 Or the board may;



again; as has also happened; take a thrifty resolution to



〃concede〃 only a fraction  say ten or fifteen per…cent  of



the demands of the staff for books and similar working materials



for current use; while setting aside a good share of the funds



assigned for such use; to accumulate until at some future date



such materials may be purchased at more reasonable prices than



those now ruling。 These illustrations are not supplied by fancy。



There is; indeed; a visible reluctance on the part of these



businesslike boards to expend the corporation's income for those



intangible; immaterial uses for which the university is



established。 These uses leave no physical; tangible residue; in



the way of durable goods; such as will justify the expenditure in



terms of vendible property acquired; therefore they are prima



facie imbecile; and correspondingly distasteful; to men whose



habitual occupation is with the acquisition of property。 By force



of the same businesslike bias the boards unavoidably incline to



apportion the funds assigned for current expenses in such a way



as to favour those 〃practical〃 or quasi…practical lines of



instruction and academic propaganda that are presumed to heighten



the business acumen of the students or to yield immediate returns



in the way of a creditable publicity。







    As to the delegation of powers to the academic head。 There is



always the reservation to be kept in mind; that the academic head



is limited in his discretion by the specifications of the budget。



The permissible deviations in that respect are commonly neither



wide nor of a substantial character; though the instances of a



university president exercising large powers are also not



extremely rare。 But in common practice; it is to be noted; the



academic head is vested with somewhat autocratic powers; within



the lines effectually laid down in the budget; he is in effect



responsible to the governing board alone; and his responsibility



in that direction chiefly touches his observance of the pecuniary



specifications of the budget。



    But it is more to the point to note that the academic head



commonly holds office by choice of the governing board。 Where the



power of appointment lies freely in the discretion of such a



board; the board will create an academic head in its own image。



In point of notorious fact; the academic head of the university



is selected chiefly on grounds of his business qualifications;



taking that expression in a somewhat special sense。 There is at



present an increasingly broad and strenuous insistence on such



qualifications in the men selected as heads of the universities;



and the common sense of the community at large bears out the



predilections of the businesslike board of control in this



respect。 The new incumbents are selected primarily with a view to



give the direction of academic policy and administration more of



a businessli

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