University of Wisconsin Madison - Badger Yearbook (Madison, WI)

Page 19 text:

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Page 18 text:

' T ' HE GLORY of The University of Wisconsin is not - - in her four limpid lakes, four Naiades; not in her steadily expanding buildings nor her multiplying wealth; not even in the increasing thousands of men and women that go from her halls to the ends of the earth. Her greatness is in her Ideal — that continual and fearless sifting and winnowing by which alone the Truth can be found — an Ideal pregnant with the power of virility always tempered with restraint; an Ideal written into her records at the end of the old century and read in the deeds of her disciples in the beginning of the new; now dominant in every classroom and graven on the facade of her central building, where, like to a city set on a hill, it cannot be hid. Behind all Ideals are Ideas, and behind Ideas are Men. The subject of the old political economy was The Wealth of Nations; the subject of the New Economics is The Wants of Men. That Idea has come to influence and will come to dominate the life of the nation and the world as the Ideal has dominated the life of the University. In endorsement of the Idea and in grateful appreciation of the Man behind it, we are happy — in the seventieth year of his life and of his services at Wisconsin the thirty ' second — to dedicate this the Thirty-Ninth volume of The Badger to RICHARD THEODORE ELY

Page 20 text:

4n IS not ' ' ' -er ♦ n. ,1 and women that go from ' of the earth. Her , il amd fearless j.n be ' y a; . .... .,: .. .,.,. »,.,.,. ,,er re . iici read in the deeds of her di of the new; now dominant iii c- iie of her central u;:u. 11 J !.cil, it cannot ye hid. B ' ' ■ ! Ideas ' n. T . .. w.. w... . ......, . was Th ,,;..,,i.:h 0 ' j; the subject of the Nev. aics is The Wants of Men. That Idea has come to influence and will come to d -he lii ' e of the nation and the world as the Idea! ha uwuu Hated thc Ufc of the University. In endorsement of the Idea and in grateiul apr «i of the Man behind it, we are happy — in th ' ■ year of his life and of his ser ' ices at U the thirty ' second — to dedicate this the Thirty ' Ninth volume of The Badger to RICHARD THEODORE ELY, Ph.D., LL. D. Professor of Economics at Johns Hop)[ms University 1881-1892 Professor of Economics RICHARD THEODOR ' •■ — » ' ' -- The portrait here reproduced was painted during the summer of 191J in honor of Professor Ely ' s life and work, and was unveiled on the occasion of bis seventieth birthday, April 13, 1914. It hangs in the central room of the Department of Economics at the University of Wisconsin. The portrait is the work of Mr. John C. Jobansen. t '