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As soon as this was understood offers came to him from the University of Virginia and the University of the South at Suwannee, Tennessee, but he feared that his association with a State institution like the University of Virginia might create a feeling of hostility against it on the part of the Federal Government, and the Vice-Chancellorship of the Tennessee university would have required him to leave his native state.

Another, my father's first cousin once removed, a young barrister, had successfully pleaded a suit in which was concerned the huge fortune of a miserly relative, and had thus laid the foundations of a great success; he won for himself a vice-chancellorship and a knighthood, and then the Lord Chancellorship of England, with the barony of Hatherley.

He derived a stupendous income from his numerous abbeys in Italy and Spain, his three bishoprics of Valencia, Porto, and Carthage, and his ecclesiastical offices, among which the Vice-Chancellorship alone yielded him annually eight thousand florins. 1 The gold florin, ducat, or crown was equal to ten shillings of our present money, and had a purchasing power of five times that amount.

Cardinal Ascanio has already received the first proofs of his gratitude, since, besides the vice-chancellorship, the Pope has given him his own furnished house in Rome, as well as the city of Nepi, and many other things. And His Highness has already dined with him in private.

He severed from the ecclesiastical State, already weak and poor, the duchy of Spoleto and other wealthy properties, that he might make them fiefs to us; he confided to our weak hands the vice-chancellorship, the vice-prefecture of Rome, the generalship of the Church, and all the other most important offices, which, instead of being monopolised by us, should have been conferred on those who were most meritorious.

What possible proof can Guicciardini have what possible proof can there be of such a "bargain"? It rests upon purest assumption formed after those properties had changed hands Ascanio being rewarded by them for his valuable services, and, also so far as the Vice-Chancellorship was concerned being suitably preferred.

It must be remembered that the vice-chancellorship and other offices which Alexander had formerly held had taught him to know better and turn to more practical account the various sources of revenue than any other member of the Curia. As early as 1494, a Carmelite, Adam of Genoa, who had preached at Rome against simony, was found murdered in his bed with twenty wounds.

Borgia was elected and took the title of Alexander VI. He rewarded Cardinal Sforza for his timely assistance in securing his elevation, by giving him the Vice-Chancellorship he had himself occupied as Cardinal, the town of Nepi and the Borgia Palace in Rome.

He severed from the ecclesiastical State, already weak and poor, the duchy of Spoleto and other wealthy properties, that he might make them fiefs to us; he confided to our weak hands the vice-chancellorship, the vice-prefecture of Rome, the generalship of the Church, and all the other most important offices, which, instead of being monopolised by us, should have been conferred on those who were most meritorious.

He had already been offered the vice-chancellorship of the "University of the South," at Sewanee, Tennessee, but declined it on the ground that it was denominational, and to some suggestions that he should connect himself with the University of Virginia he objected because it was a State institution. Washington College had started as an academy in 1749.