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The honour that the University of Cambridge has done me by asking me to deliver the first Leslie Stephen lecture is the best kind of honour, for it appeals even more to affection than to pride. Like most men whose trade is lecturing, I have known many Universities; but none of them can be so dear to memory as the first, the place of my early friendships, and dreams, and idleness.

A quarter of a century ago I heard Leslie Stephen lecture in the Divinity Schools of this place. I saw him once again, on the uplands of Cornwall, but I never again heard his voice. You will not expect from me, therefore, any reminiscences, or intimate appreciation of his character. But I can say something of what I believe was very imperfectly known to him, the regard and reverence that was felt for him by a younger generation. A busy man of letters, always occupied with fresh tasks, has little time to study the opinions of his juniors. He makes his progress from book to book, without looking back, and knows more of the pains of doing than of the pleasures of the thing done. Far on in his career, while he is still struggling with his difficult material, he discovers, to his surprise, that the younger world regards him as a triumphant dictator and law-giver. Something of this kind I think happened to Leslie Stephen. He woke up, late in life, to find himself an established institution. He was pleased, and half-incredulous, and he turned to his weary task again. But indeed he had been famous and influential far