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

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To the high ideals for which the men and women of the New York Univer- sity School of Commerce, Accounts, and Finance are fighting on the scattered battlefronts of the world.

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MONG the strongest and most tenacious instincts of mankind is the hunger for individual liberty. Through- out the recorded history of civilization, our forefathers have engaged in an almost continuous series of struggles to win and maintain greater freedom of thought, of word and of action. Seldom did they win these struggles without blood- shed, never without sacrifice. The substantial privileges they gained -- freedom of the person, freedom of conscience and worship, freedom of speech and the press, civic and political freedom, freedom of commerce and trade - these are among the heritages we have enjoyed in greater degree than any other people. We have come to regard them as our natural and in- alienable rights. In our zeal to extend and defend our individual freedom we have sometimes forgotten that its exercise demands self- restraint, lest it infringe upon the freedom of others. We have too complacently witnessed the curtailment of the liberties of our neighbors. Particularly is this true in the field of commerce. Now at last it has become apparent that freedom of commerce - the privilege of exchanging goods and services in a free market - is not only an important liberty in itself but also one of the strongest safeguards for all other liberties. It is highly fitting, therefore, that this . . . Commerce Violet should be dedicated to Liberty. The spirit of liberty still lives among those European peoples who have lost the substance of their individual liberties. It will not be diminished in America by threats from outside, nor by the internal restric- tions of individual liberties that may temporarily be required. Instead we confidently hope that it will eventually receive world-wide recognition, that individuals and nations will accept the responsibilities as well as the privileges of liberty. GEORGE BURTON HOTCHKISS in the foreword to the 1941 VIOLET

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ff'1'T ' if .75 C if fyflafla k g I JV, .' 'Q ,Q I '4 ll lf' 411 1 1 I 'vf hp, wa. 14. lr fblyi W' ' I Mft .iff TO THE COMMERCE sEN1oRs WANT to extend my greetings to the graduating class of the School of Commerce in this fateful year of 1944. Confused and tragic as the time may be I want you to feel that our thoughts go with you. We know that if those of our leaders in authority today and their successors are only intelligent and far-sighted enough most of your lives will be spent in times of peace going about the orderly affairs of your profes- sions. For such a world you have had fine training in your undergraduate days here. I wish you success and happiness in the days that lie ahead. LV v-lbvvw kkmasg Chancellor CHANCELLOR HARRY WOODBURN CHASE Harry Woodburn Chase, eighth Chancellor of New York Uni- versity was installed on July 1, 1933. He was president of the Uni- versity of North Carolina from 1919 to 1930 and the University of Illinois from 1930 to 1933, prior to his assumption of duties at New York University, Since Chancellor Chase became associated with New York University, the University has grown in strength and equipment, in quality of personnel, in efficiency of service, and in the integration and vigor of its whole program. A number of new build- ings were constructed, and important departments were added, The school libraries in several divisions were brought under unified control and the general budget system of the University was reorganized. The admission processes have been co-ordinated under a general supervision and a permanent commission on graduate work has greatly facilitated the work of that department. Chancellor Chase, at the present time, is serving on various committees in Washington in connection with education and national defense. Dr. Chase is a trustee of the Phelps-Stokes Fund, the Russell Sage Foundation, Town Hall, Inc., and the New York Public Libraryg he is President of the New York Academy of Public Education and of War Prisoners Aid, Inc., honorary Vice-President of the National Municipal League, and the New York Museum of Science and In- dustry. He is a member of Beta Gamma Sigma, Kappa Delta Pi, Phi Beta Kappa, Psi Chi, Sigma Nu, Theta Sigma Lambda, Sigma Xi, the Bankers' Club of America, Century Club, Church Club, Lawyers' Club, Lotos Club CPresidentJ, University Club, and member of the vestry of Trinity Church. He was awarded the honorary LL.D. degree by Lenoir Rhyne and Wake Forest Colleges in 1920, the University of Georgia in 1923, Dartmouth College in 1925, the University of North Carolina in 1930, the University of Michiszan in 1932, Lafayette College in 1934, and Franklin and Marshall College in 1937, that of L.H.D, by Rollins College in 1931. and of Litt.D. by Columbia University in 1934. He is an ofticer of l'Ordre de la Couronne de Chene of the Grand Duchy of Luxembourg.