The foundation by the King dates from the 10th of December, 1768. The Schools were opened on the 2nd of January next following, and on that occasion Joshua Reynolds, who had been elected President--his age was then between forty-five and forty- six--gave the Inaugural Address which formed the first of these Seven Discourses. The other six were given by him, as President, at the next six annual meetings: and they were all shaped to form, when collected into a volume, a coherent body of good counsel upon the foundations of the painter's art. H. M. TO THE KING The regular progress of cultivated life is from necessaries to accommodations, from accommodations to ornaments. By your illustrious predecessors were established marts for manufactures, and colleges for science; but for the arts of elegance, those arts by which manufactures are embellished and science is refined, to found an academy was reserved for your Majesty.