396 AS UNIVERSITY PRESIDENT-VI 



the development of Cornell University, this at least seems 

 to me one piece of good fortune namely, that I have 

 aided to establish there the principle of using our means, 

 so far as possible, not for indiscriminate gratuitous higher 

 education of men unfit to receive it; not, as President 

 Jordan has expressed it, in trying to put a five-thousand- 

 dollar education into a fifty-cent boy&quot; ; but in establishing 

 a system which draws out from the community, even from 

 its poorest and lowliest households, the best, brightest, 

 strongest young men and women, and develops their best 

 powers, thus adding to the greatest treasure which their 

 country can possess. 



