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Page 27 text:
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K RESIDENT Tnrs ago you and 1 were be- w;is thought to be a difficult and ere beginning what is known to be iprise. I began with very httle jfi have to hve through. At the bf what you would have to Hve rhrough it. You took your risk and here LJp.iversit and more than that, my son, a -ummer of ' 37, you were already a man of wide widely recognized success in the formulation of As dean of the School of Business Administration Kip of competent men working in spirited ol. Out of your manifold experiences you thers for the life of a university. Both have must not spend more than it has. It must be al- balanced budget. Without that stubborn con- L() wreck and ruin. The other article of faith jxcry dollar one must keep always in mind what lavishly for powder and for men, but every 50 ' 0U must spend money for coal which goes for coal or for men you know that every penny the victory of mankind at its best, tice a troubled world. What it will come to worst you will starid in your place of re- vorst comes, you will not say: O cursed spite it right. [this hour.
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Page 26 text:
“
inieiiRATioi OF HERMAN I) WELLS ri I The academic procession leaving Alumni Hall for the Field- house. President Wells ' inauguration speech was broadcasted over two nation-wide hookups. Parents of Indiana ' s new President look on happily during the reception following the inauguration. Dr. Bryan and his sister, Mrs. Joseph K. Philips, are served tea at the reception after the inaugural ceremonies. Herman Wells addresses the vast audience in attendance. The University ' s new President receives the best wishes of the President Emeritus. Presi- dent Wells smilingly receives congratulations. do up is CHALLEN ' OS T ' CF President Wells: Th!irtlyTsi|i ginners. t wnl ' begiiiriin ' illlpl )metimes dangerous enterprise. lYbt lore difficult and more dangcj!rou| i ' ertce and very littileii ' l ei ' ef ,liW ' l|!i,aS ' i!| same date you had no experience and ncj hrough. I took my risk and somehow li ' ec ju are at 3 6, eleventh president :a£|„,)[ ,sJ,iaJJii!J| 1. When you took over this office in the successful experience. You had achieved lanking Code and then in its adniinistratipdj id known how to make its enlarging facult ' l ation toward the essential objectives of sue} istilled two convictions more essential tha ith money. The first is that the uriivei ' sit j sol ' ent. It must have always a safely! ' the noblest institution is on the quick wa} 1 I find in you is that in, the spending iqI aniversity is for. Napoleon spent mone]|l ar where it would do most to win his war, in smoke as well as for men. But whether to win a victory greater than Napoleon ' s— 4 In this moment we cannot forget that wc | at the worst we do not know. But at thd sponsibillty with valiant heart. If thj|| The time is out of That ever 1 was bornii Til ' • ill say: |l ll ' jll fill I ri ' ! ' . . . Ibethankedl atched ti| W illiam Lowd ' ' ccember •s ■I
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Page 28 text:
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PRESIDENT HERMAN B WELtS Come in any Tuesday afternoon and talk things over. This invitation, ad- dressed to his student body, may be said to be typical of the administration of Herman B Wells. Lively, friendly, interested in his students as people rather than as speci- mens in an erratic experiment. President Wells is moving toward his goal of making Indiana an ever-greater university. He has roamed the country seeking scholars of the first rank who will bring new minds, new ideas to his campus. Second only to his efforts to strengthen his faculty have been his efforts to improve the physical equipment of the University: new build- ings, new laboratories, new books for the library — these too are needs which President Wells is seeking to fill. Under his guidance, stimulated by his abundant energy, and enriched by his bi ' eadth of mind, Indiana University looks to the future with ever-increasing surety. Students, alumni, and friends of the University follow President Herman B Wells, confident that he will lead them to a great and useful career. 22
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