Abstract: 1. According to the 3 assigned necessary conditions for scientific discovery, and after examining disputed propositions, it is argued that only two arguments should be discussed: "Wang Yirong discovery proposition" and "Liu Yu discovery proposition". The reasonable conclusion that conforms to modern academic norms should be "Wang Liu Co-Discovery Proposition". Thus, it is not appropriate to accept “discovery from medicine proposition” into the official textbook. A new version of discovery process is provided. 2. The announcement written by Liu E on "Times Newspaper" in 1904 (first fully published by Journal), which has not yet been known or concerned by the academy today, should be considered as a symbol of the transformation from traditional to the modern Chinese academia. 3. The preface of “Tie Yun Cang Gui” should be recognized as the earliest academic paper to successfully identify and interpret oracle bone inscriptions; Liu E together with Luo Zhenyu and Wu Changshou initiated the Oracle Bone Paleography in 1903. 4. Neither the argumentations on denying Luo’s claims of “Encouraging-Ink copying-Editing ‘Tie Yun Cang Gui’” and that of "Oracle Bone first found in 1901" is untenable. A proposal for the historic new division for the Oracle Bone Paleography is put forward.

Key words: discovery of oracle inscriptions, Liu E, Wang Yirong, co-discovery, announcement on Times, Century Mystery