100 
other article of merchandise, or for the punpose of buying and 
selling goods. 
The persons interested are the stockholders. They select a 
board of directors and the board of directors in turn select a 
manager and the manager selects his assistants. The business 
converts the raw material into the finished product and disposes 
of it on the market. The raw material may be cotton, or pota- 
toes, or milk, and the finished product, cloth, or starch, or butter, 
or cheese. | 
In the school the parents and school patrons are the stock- 
holders, the board of education is the board of directors, the 
superintendents, principals and teachers are the manager and 
assistants. 
There is a great difference in the raw material. In the one 
it is as I have described. In the other it is boys and girls. 
In this institution we must have ever in mind the raw material, 
the boy and the girl. It is for them that the institution exists. 
By the harmonious cooperation of all the factors of the institu- 
tion and the employment of all means of education shall we get 
the finished product. Not cloth, or starch, or butter, or cheese, 
or flour. Not anything that can be measured in dollars and cents 
but men and women, decent, respectable, respected, honest men 
and women honored in the communities in which they live be- 
cause they are able to contribute a share to the world’s happiness. 
Then and only then can we call our institution and its program 
a success. 
You are going out as teachers of children. The teacher is a 
- vital factor in the institution which I have just described. Your 
work is important and it depends on you to see that it is useful 
as a means of education. 
Ray P. SNYDER. 
