Moral education in boarding schools is the topic of this publication which includes summaries of the proceedings of the Bicentennial Summer Institute sponsored by Phillips Exeter Academy in June 1978. Interspersed throughout are passages from a journal kept by a participant in the Institute. The contextual and didactic approaches to moral education are discussed. The relation of moral judgment to action is examined by a discussion of a well-known study done by Haan, Smith, and Block (1968) at the University of California at Berkeley. Another topic addressed is the moral atmosphere of a school and matters of governance. A summary of Lawrence Kohlberg's presentation about stages of moral development is presented. Descriptions of moral education programs which have been successfully implemented in boarding schools are presented. (Author/RM)