New-York tribune., 1901-06-18
GRADUATED, ,BUTNOTTHERE
PRESIDENT MORTON ANNOUNCES HIS
GIFT AT STEVENS INSTITUTE
COMMENCEMENT.

Forty students were last night graduated from
Stevens Institute OF Technology. Hoboken. AT the
twenty-ninth annual commencement exercises held
In Lyric Theatre. though. through circumstance.
rather unusual, only a dozen of the forty were
able be present The demand for the graduates
this year has been the most urgent in the history
Of the institute according to President Morton and
most OF them Were induced TO leave Hoboken a
week or more ago TO begin work at once AS most
of them went TO the Middle West they were mr.
able 10 return All Of the forty could have
had places at once If they desired Freside,,
Morton explains the demand simply as result of
the good times.
There are no prizes given Stevens Institute
but the honor men We're August Sieeele jr of No
81 Sands-st-. Brooklyn. valedictorian, and r 8
Younglove of No. S.1o4 Calumet-ave Chicago as
salutatorian.
The address TO the graduates was made bv Arthur
G. Glasgow. NJ E.. 's5 Stevens now of London. q
member OF the firm Of Humphreys g. Glasgow In
his address he took exception 10 the recent state
ments made by Charles schwab. the steel magnate
antagonistic technical or college education Re-
garding this he said:
II is doubtless within your knowledge that a
prominent American manufacturer has recently ex-
ageaon and that these Views heRe Tecees Nr %i6s
spread comment in the technical and daily press
terest springs from the current prominence of the
promulgator, not from sympathy with his views
own observation and experience both collabo-
neers But ! need not trouble YOU with Individual
experience, when can refer you to national
Living do in a country which hitherto has
held the premier Industrial position among nations
and now for the first time finds its heritage threat
ened, ] have witnessed the deep concern with
which the leaders OF thought and state Of Great
Britain have studied the situation. and the absolute
agreement OF their diagnoses. With voice they
ascrbe the spbordnation of British supremacy 10
American and German competition to the higher
technical knowledge which prevails in the two
scientific direction and initiative; All agree that
the Industrial salvation lies in higher and wide
spread technical education. and recent military
developments compel them to apply this conclusion
TO the arts OF both peace and war.
The issue has been submitted TO the worlds
broadest experience, and the unanimous verdict
in favor OF higher and wider technical education
~ a mere indiVdJal's opinion which per Sc is de-
that a successful engineer must be something less
istcs Of the Stevens graduate the capacity and
disposition for hard work the potentiallty Tor use
fui WORK II now pehooFes you 10 uahsioiih 'nis
potentiality into actions.
The graduates presented to Stevens Institute a
vertical screw power testing machine OF 100000
pounds capacity, costing $500. II will be placed
in the new Carnegie Laboratory Of Engineering.
President Morton gave $4,000 to be applied TO the
needs OF the university, recommending that TINS
fund be united with the sum of $4,000 which ne
gave some years ago for an endowment fund, me
income from which shall be applied in accordance
Fgrst-As IL may be needed. the care and main
tenance OF the new building. the funds for whose
orally designated as the Alumni Building.
@ sTI Of - nav be svaiIafle 70 retiring pensions
for such members of the faculty OF the stevens
beoorns incapacitated while in the employment OF
said Institute
IN suggesting this second disposition Of income
he had in mind the hope and expectation that in
the course OF time such an enjoyment fund may
or wholly for the needs Of the Alumni Building:
59Ga @ sD%eFsr ss sTus luG of income eh Is o be
applied to the general expenses Of the institute.