peesident's address. 29 



own hand in every department of human activity and human 

 industry if we wish to keep our place. It is necessary for a 

 nation in these days to train itself, by every available method, to 

 meet the stress and the competition which is before it.' The 

 United States Ambassador, in proposing a vote of thanks to the 

 Lord Mayor, said, ' there was no doubt that colleges of economics 

 and of political science were the latest development in the theory 

 and practice of that education which was to fit men for the great 

 affairs of life, as they were developing in the complex and rapidly 

 varying phases of modern civilisation. In the United States they 

 regarded them as among the chief means of maintaining the part 

 in that rivalry which they were maintaining, and meant to main- 

 tain with all their force, with their sister nations of the world, 

 and especially with this country, to which they were so much 

 attached ; a rivalry, not of arms or of warfare, but a rivalry of 

 brains, of skill, of courage in the great industries of life.' " 



The above shows what the mother country has to contend with ; 

 this rivalry will extend in due course to Australia, so let us 

 prepare for it in good time. 



