New York University School of Commerce - Commerce Violet Yearbook (New York, NY)

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Message From the Dean I-IE real objective that you should have in your training in this School is that of improving National economic well-being. And it generally follows that if your neighbor's well-being is improved, yours will be better also. Your training should enable you to distinguish sound economic procedures offered by wise statesmen from tl1e quack nostrums urged by politicians. And so, if someone tells you that here is a limited emergency or that there is national safety , be not moved but incredulous because I have been hearing these alarms every four years since I became a voter. The astonishing thing to me in the depression years was the very common yielding to the spirit of defeat rather than resistance. Instead of that faith in the traditional policy and ideals that made America a great nation, there was the skepticism that finally surrenders to totalitarianism. I sincerely hope that you have not been infected with the false philosophy that the struggle for class interests is more important than the struggle for individual liberty. You have no conception of the terror and fear under which one lives in a dictatorship whether of the Stalinist or the Nazi type. You cannot appreciate the sweetness and delight of personal and individual liberty until you see the misery of those who have lost it. A dictator has nothing but contempt for the masses over whom he rules, and yet he dreads perpetually the possibility of their revolt. Dictatorships differ fundamentally only in their techniques for influenc- ing, deceiving, controlling, and Hnally terrorizing the masses. Ultimately something happens, often with inexplicable suddenness, and the masses get rid of their dictators. And so, all the HlS1l1SH that we see in power today will, in their turn, fall and disappear. Your job and mine is to show that democracy can function efficiently in a complex and intricate economic life and that bureaucracy, corrupt politics, and inefficient and irresponsible economics shall not possess our land. 072441 Dean. JOHN T. BIADDEN Dean ORN at Worcester, Massachusetts, on October 26, 18822 School of Commerce, Accounts and Finance, New York University, 1911, B.C.S. Qszzmma cum laudeb, Holy Cross College, 1921, M.A. Qhonoraryj, University of Newark, Sc.D. fhonoraryj, Member of the faculty of tl1e School of Commerce, New York University, 1911, Assistant Professor, 1915, Professor of Accounting, 1917, Head of the Accounting Department, 1917-22, School Secretary, 1917-20, Assistant Dean, 1922-25, Dean of the School of Commerce, 1925, National President of Alpha Kappa Psi, 1920-21, National President of Theta Nu Epsilon, 1925-28, Honorary member of Beta Gamma Sigma, President of Alexander Hamilton Institute, 1929-35, President of the International Accountants' Society since 1929, Past President of the American Association of University Instructors of Account- ing,'P2fst' President of the American Association of Collegiate Schools of Business, Certified Public Accountant, New York, 1911, State of New Jersey, 1926, Director of the Institute of International Finance, Member of the American Committee of Arrangements for the International Congress of Accountancy in Amsterdam, Holland, in 1926, Chairman of the Program Committee for the Third Inter- national Congress in Accountancy in New York in 1929, Secretary of the Council on Accountancy, State of New York, Merchants Association, New York City, Com- mander, Order of the Crown of Roumania, Commander, Order of Leopold Il of Belgium. 16

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HARRY YVOODBURN CHASE Chancellor New York University 15

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-'fic' .x ' '..off, 'Q---Qui-w. JOHN T. MADDEN Dean School of Commerce, Accounts, and Finance 17