I prove the recently conjectured relation between the 2×2-matrix
differential operator L=∂2−U, and a certain non-linear and non-local
Poisson bracket algebra (V-algebra), containing a Virasoro subalgebra, which
appeared in the study of a non-abelian Toda field theory. Here, I show that
this V-algebra is precisely given by the second Gelfand-Dikii bracket
associated with L. The Miura transformation is given which relates the second
to the first Gelfand-Dikii bracket. The two Gelfand-Dikii brackets are also
obtained from the associated (integro-) differential equation satisfied by
fermion bilinears. The asymptotic expansion of the resolvent of (L−ξ)Ψ=0
is studied and its coefficients Rl yield an infinite sequence of
hamiltonians with mutually vanishing Poisson brackets. I recall how this leads
to a matrix KdV hierarchy which are flow equations for the three component
fields T,V+,V− of U. For V±=0 they reduce to the ordinary KdV
hierarchy. The corresponding matrix mKdV equations are also given, as well as
the relation to the pseudo- differential operator approach. Most of the results
continue to hold if U is a hermitian n×n-matrix. Conjectures are made
about n×n-matrix mth-order differential operators L and
associated V(n,m)-algebras.Comment: 20 pages, revised: several references to earlier papers on
multi-component KdV equations are adde