On the other hand, there is just as much possibility for a colossal failure of the whole scheme. If these institutions are to be the replica of universities like Harvard, Yale, Columbia and Chicago, if the men who are to administer them and teach in them are to be the products of roll-top desk theorists who have never touched the life of the Negro, the money thus invested will be just as profitably spent if it is used to buy peanuts to throw at the animals in a circus.