University of the Pacific - Naranjado Yearbook (Stockton, CA)

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T e current year has been a most drllicult one for 1nst1tut1ons of all classes Whrle the world IS most mterested 1n the fate of polrtxcal and financlal 1nst1tut1ons scholars and students are aware that all that affects the contrnurty of these 1nst1tut1ons also affects the stabrllzatxon of all other types of mstltutnons Un1vers1t1es and colleges because of thenr endowments and the peculrar character of the1r appeal are not usually barometers mdlcatmg socnal and economxc storms However rn current t1mes un1vers1t1es and colleges of an rndependent foundatnon that IS not supported by publxc taxatron have been tested as never before Even those whose endowment strength seemed a few years ago to be adequate have found therr resources sadly depleted and the mcomes dnmlmshed perlod of fifty or one hundred years the r1se and fall of great bus1ness houses and enterpr1ses and the almost um form progress of educatronal mstntutrons + There IS an 1deal1sm developed on college campuses which persrsts through Alumnr that makes possrble support for halls of learnmg not posslble to any other types of 1nst1tut1ons save those of purely rel1g1ous foundatnon The record of th1s partrcular year wrll contam h1stor1es of d1Hicult1es and of falternngs but of few defeats We do not decelve ourselves The t1mes are dlflicult But prevlous advances have come out of more d1flicult s1tuat1ons than w now know + The student generauon represented rn th1S book has seen the helght of Amerrcan prosper rty and perhaps the depth of dellatxon but nts courage IS hrgh' Tully C Knoles h + On the other hand it is remarkable to trace during a . . . e

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IlEI'AIl'I'MliN'l' IIIMIIS

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