Proceedings of the Inauguration 
27 
In behalf of the Undergraduates of Shepardson College 
Marjorie Lea McCutcheon, President of Shepardson College 
Student Association. 
Their addresses follow in the order of delivery, except that 
of Professor Burton, which was not received for publication : 
ABSTRACT OF ADDRESS BY PRES. WM. H. P. FAUNCE. 
T is written in an ancient document that when one has 
found a piece of silver, he calleth together his friends 
and neighbors, saying: ‘‘Rejoice with me!’’ but the 
finding of a man is more than the finding of silver. 
When we have the man, the silver will follow. Denison Univer- 
sity today calls together its friends from near and far to rejoice 
in the finding of a new President, who will bring to the position, 
we believe, public confidence, private benefaction, far-reaching 
support, and give to this historic institution the period of its 
greatest efficiency. 
In this assembly many kinds of institutions are represented, 
and there is room for all. There is room for the State Univer- 
sity, with its extensive menu of studies whose very names were 
unknown to our fathers. There is room for the municipal uni- 
versity, working in close co-operation with great industrial estab- 
lishments around it. There is room for the country college, which 
ignores technical training and aims simply to adjust the student 
to his great intellectual and spiritual heritage. No growth in 
other kinds of institution can diminish the confidence with which 
we look to Denison University to play its indispensable part in 
the unfolding of the future. So much of generosity and toil and 
devotion have gone into it that we must believe those students 
who are brought up on the altar of self-sacrifice will themselves 
in turn be willing to sacrifice for college and church and native 
land. 
In three directions the development of an institution like 
Denison is distinctly different from that of the state universities : 
First, in its absolute dependence upon private initiative and de- 
votion. The student in a state university can hardly be expected 
to be grateful for his education, any more than he is grateful for 
the facilities of the post office or the state roads. These things 
