A university is an endowed institution of culture; whether the endowment take the form of assigned income, as in the state establishments, or of funded wealth, as with most other universities. Such fraction of the income as is assigned to the salary roll, and which therefore comes in question here, is apportioned among the staff for work which has no determinate market value. It is not a matter of quid pro quo; since one member of the exchange, the stipend or salary, is measurable in pecuniary terms and the other is not. This work has no business value, in so far as it is work properly included among the duties of the academic men. Indeed, it is a fairly safe test; work that has a commercial value does not belong in the university. Such services of the academic staff as have a business value are those portions of their work that serve other ends than the higher learning; as, e.g., the prestige and pecuniary gain of the institution at large, the pecuniary advantage of a given clique or faction within the university, or the profit and renown of the directive head. Gains that accrue for services of this general character are not, properly speaking, salary or stipend payable toward "the increase and diffusion of knowledge among men," even if they are currently so designated, in the absence of suitable distinctions. Instances of such a diversion of corporate funds to private ends have in the past occurred in certain monastic and priestly orders, as well as in some modern political organizations. Organized malversation of this character has latterly been called "graft." The long-term common sense of the community would presently disavow any corporation of learning overtly pursuing such a course, as being faithless to its trust, and the conservation of learning would so pass into other hands.
Indeed, there are facts current which broadly suggest that the keeping of the higher learning is beginning to pass into other, and presumptively more disinterested, hands.
The permeation of academic policy by business principles is a matter of more or less, not of absolute, dominance. It appears to be a question of how wide a deviation from scholarly singleness of purpose the long-term common sense of the community will tolerate. The cult of the idle curiosity sticks too deep in the instinctive endowment of the race, and it has in modern civilization been too thoroughly ground into the shape of a quest of matter-of-fact knowledge, to allow this pursuit to be definitively set aside or to fall into abeyance. It is by too much an integral constituent of the habits of thought induced by the discipline of workday life. The faith in and aspiration after matter-of-fact knowledge is too profoundly ingrained in the modern community, and too consonant with its workday habit of mind, to admit of its supersession by any objective end alien to it, -- at least for the present and until some stronger force than the technological discipline of modern life shall take over the primacy among the factors of civilization, and so give us a culture of a different character from that which has brought on this modern science and placed it at the centre of things human.
The popular approval of business principles and businesslike thrift is profound, disinterested, alert and insistent; but it does not, at least not yet, go the length of unreservedly placing a businesslike exploitation of office above a faithful discharge of trust. The current popular animus may not, in this matter, approach that which animates the business community, specifically so-called, but it is sufficiently "practical" to approve practical sagacity and gainful traffic wherever it is found; yet the furtherance of knowledge is after all an ideal which engages the modern community's affections in a still more profound way, and, in the long run, with a still more unqualified insistence.
For good or ill, in the apprehension of the civilized peoples, matter-of-fact knowledge is an end to be sought; while gainful enterprise is, after all, a means to an end. There is, therefore, always this massive hedge of slow but indefeasible popular sentiment that stands in the way of making the seats of learning over into something definitively foreign to the purpose which they are popularly believed to serve.(1*)Perhaps the most naive way in which a predilection for men of substantial business value expresses itself in university policy is the unobtrusive, and in part unformulated, preference shown for teachers with sound pecuniary connections, whether by inheritance or by marriage. With no such uniformity as to give evidence of an advised rule of precedence or a standarized schedule of correlation, but with sufficient consistency to merit, and indeed to claim, the thoughtful attention of the members of the craft, a scholar who is in a position to plead personal wealth or a wealthy connection has a perceptibly better chance of appointment on the academic staff, and on a more advantageous scale of remuneration, than men without pecuniary antecedents. Due preferment also appears to follow more as a matter of course where the candidate has or acquires a tangible standing of this nature.