The University Chest is a term used at the University of Oxford in connection with the financial aspects of the university and its administration. There has traditionally been an actual chest, an iron box that can be locked and used for storage. The current Chest was made in the 17th century and is officially called "The Painted Chest".
Today, the modern "Chest" is in practice the finance department of the university. The central administration is located in modern buildings in Wellington Square.
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“In bourgeois society, the French and the industrial revolution transformed the authorization of political space. The political revolution put an end to the formalized hierarchy of the ancien regimé.... Concurrently, the industrial revolution subverted the social hierarchy upon which the old political space was based. It transformed the experience of society from one of vertical hierarchy to one of horizontal class stratification.”
—Donald M. Lowe, U.S. historian, educator. History of Bourgeois Perception, ch. 4, University of Chicago Press (1982)
“This socialism will develop in all its phases until it reaches its own extremes and absurdities. Then once again a cry of denial will break from the titanic chest of the revolutionary minority and again a mortal struggle will begin, in which socialism will play the role of contemporary conservatism and will be overwhelmed in the subsequent revolution, as yet unknown to us.”
—Alexander Herzen (1812–1870)