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er, June 24, 1903, after receiving an LL.D. degree. Printed in the _Graduates' Magazine_ for September, 1903. III. STANFORD'S IDEAL DESTINY[1] Foreigners, commenting on our civilization, have with great unanimity remarked the privileged position that institutions of learning occupy in America as receivers of benefactions. Our typical men of wealth, if they do not found a college, will at least single out some college or university on which to lavish legacies or gifts. All the more so, perhaps, if they are not college-bred men themselves. Johns Hopkins University, the University of Chicago, Clark University, are splendid examples of this rule. Steadily, year by year, my own university, Harvard, receives from one to two and a half millions. There is something almost pathetic in the way in which our successful business men seem to idealize the higher learning and to believe in its efficacy for salvation. Never having shared in its blessings, they do their utmost to make the youth of coming generations more fortunate. Usually there is little originality of thought in their generous foundations. The donors follow the beaten track. Their good will has to be vague, for they lack the inside knowledge. What they usually think of is a new college like all the older colleges; or they give new buildings to a university or help to make it larger, without any definite idea as to the improvement of its inner form. Improvements in the character of our institutions always come from the genius of the various presidents and faculties. The donors furnish means of propulsion, the experts within the pale lay out the course and steer the vessel. You all think of the names of Eliot, Gilman, Hall and Harper as I utter these words--I mention no name nearer home. This is founders' day here at Stanford--the day set apart each year to quicken and reanimate in all of us the consciousness of the deeper significance of this little university to which we permanently or temporarily belong. I am asked to use my voice to contribute to this effect. How can I do so better than by uttering quite simply and directly the impressions that I personally receive? I am one among our innumerable American teachers, reared on the Atlantic coast but admitted for this year to be one of the family at Stanford. I see things not wholly from without, as the casual visitor does, but partly from within. I am probably a typical observer. As my i
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