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Page 30 text:
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Page 29 text:
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quite a large number are rich by the use of attainments there secured. eHow much owest thou, my Lord? Of course, no mathematical statistics can be given upon this subject: but it is the belief of the writer after an acquaintance with the institution from the first, that but very few of the 12,000 who havebeen students of Hillsdale College are now living without some financial profits from that source, and that there are now in the possession of those students more than 351,200,000 which will never be used or needed for the personal com- forts of life. Not only is the college of financial value to the public and its students, but to the friends of these students. There are hundreds and thousands who are better situated and richer because of the college life of students in time past, and this will continue and in- crease as the years go by, and posterity will be richer as well as better by the experience of ancestors in Hillsdale College. But all these financial values must be considered in their rela- tions to higher ends. The material universe was created for mind. and all values become yalueless if not ultimately appropriated for the development and culture of the mind, and the satisfaction of its wants. The first demand of the intellect is knowledge, the first demand of the affection is society or associates, and the first demand of the conscience is law and duty. VVhatever meets these intuitive, continuous and eternal demands of the mind constitute the true riches. Financial values are only investments in the supreme work of mental and moral culture. Stocks in business corporations are not estimated by the millions invested-and perhaps lost-but by the success in reference to ultimate ends. The real value of colleges and universities are not to be estimated by the magnitude of build- ings or endowments, but by the increase of mental power and moral force. If Hillsdale College has done as much for the good of the world as similar institutions, in proportion to investments of time and money, its friends have no reason to complain. But if, as firmly believed by those best acquainted with its work, it has accomplished much more for the increase of intelligence. mental force and moral culture, in proportion to its means and labor, than other schools upon an average from highest to lowest, then may its friends rejoice and with renewed energy put forth still greater efforts in their noble work. 29
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Page 31 text:
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