Valparaiso University - Beacon / Record Yearbook (Valparaiso, IN)

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THE RECORD , A REFLECTION The past year has been one of depression and disillusionment for our country and its people. The greatest period of prosperity Which any nation has ever known was followed last year by a sudden collapse of business, industry and finance, a collapse so general and so keenly felt as to make many question the very structure of our industrial civilization. Out of the welter of shattered hopes and ideals there stands out one overwhelming fact. It is this, that also in our material civilization character alone is permanent and victorious. Fore tunes may be swept away over night. They provide no secure anchorage. Life,s true values are not the ephemeral things of time and sense. Happiness and prosperity do not come through the multiplication of machines, the distribution of comforts and luxuries, through inventions and discoveries extending the power of men and leading to the deihcation of the symbol of this industrial agFthe almighty dollar. The depression has forcibly shown how vain in themselves these things are for genuine happiness and peace. Our Savior said long agoeand the economic depression has again emphasized the truth of His Word: Man does not live by bread alone. It is my hope that out of the present disillusionment will come a generation Which places first things ntst, which realize the superior value of the things of the spirit, the things that are not seen and are eternal. Another class of young men and women is leaving our institution to take up life,s tasks and assume its responsibilities. May I urge them ever to place character above gold, godliness above apparent material prosperity, ufor godliness with contentment is a great gain. President Pagg Seventeen

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'k Page Eighteen THE RECORD 3111 ilialemnrg OLIVER PERRY KINSEY In the death of Oliver Perry Kinsey there passed from the scene of American education a truly great character. If greatness is measured in terms of universal recognition, probably his claim to distinction is open to debate. But if greatness is measured, as in the last analysis it must be measured, in terms of unseliish service to humanity, there can be no doubt as to the title of the late Mr. Kinsey to a niche in the temple of fame. To Oliver Perry Kinsey, no less than to his equally great comrade and other self, Henry Baker Brown, belongs the credit of having created the first and only really demo- cratic university in this country, probably in the Whole 1931 7A 'ZQ