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understood, permit me to moralize for a moment. While 

 the trait which we honor most in any individual, the trait 

 which has made all truly great heroes, is sacrifice, it does 

 not follow that there is no virtue without sacrifice. In 

 the new conception of a successful life, we do not have 

 prosperity without morality, but we have prosperity be- 

 cause of morality. Efficiency and morality may not be 

 synonymous terms, but they are mighty good chums. 



This, then, shall be the keynote of the College of Agri- 

 culture. Those who shape its destinies will never forget 

 that it was formed and continues to exist to promote the 

 material welfare, but they will always recognize that this 

 material welfare is for the sake of a successful human 

 existence and that primarily this is based upon human 

 efficiency. Five thousand years ago the natural resources 

 of these hills and valleys were, so far as we know, as great 

 as they are to-day. The Aladdin-like development that has 

 occurred from Imperial to Shasta during fifty years is due 

 to a hardy and efficient race of people. This race must 

 be perpetuated. Once more I wish to repeat that the fac- 

 ulty of the College of Agriculture invites the co-operation, 

 support, and guidance of all agencies which believe in this 

 programme. 



If now we take a hasty glance into the future we can- 

 not fail to be impressed by the fact that the two great prob- 

 lems before California are to stabilize its water supply and 

 humanize its labor supply. A few simple concrete illus- 

 trations may be better than much abstract discussion. In 

 the Salt River Valley, Arizona, approximately ten million 

 dollars have been expended, including the great Roosevelt 

 Dam, to stabilize the water supply over 130,000 acres of 

 already irrigated country and to bring 100,000 acres of 

 the desert under the irrigation ditch. It was expected that 

 this greatest reclamation enterprise in the United States 

 would furnish about two dollars' worth of water per acre. 

 In other words, a gross income per annum of about one-half 

 a million dollars was anticipated. Although the enterprise 



