The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-09-30
INSTALLED AT CITY COLLEGE.
DIR. FINLEY BECOMES PRESIDENT
AT A NOTABLE GATHERING.

Ex.President Cleveland Glorifles tho he.
mocracy Of American Education
Senator Depew Speaks OF the Need
fer Educated I.eaders-Mayor Low
Layv the New Buildings Cornerstone
Gov. Odell. +. NJ. shepard and Four
College Heads Laud the Institution.
The College OF the City OF New York
installed its new president, John Huston
Finley. yesterday and laid the cornerstone
of the new buildings which the college Ia
to occupy on the heights at st. Nicholas
Terrace and l40th street.
The ceremonies Of the morning had all
to do with the Inauguration Of Presi-
dent Finley. Ex-President Grover Cleve-
land. Senator Chauncey M. Depew and
tho presidents Of many eastern colleges
and universities took part These pro-
ceedings were in Carnegie Hall.
The afternoon programme concerned
itself with the laying Of the cornerstone.
Mayor Low laid the stone and made speech.
Other speeches were made by Gov. Odell,
Edward M. Shepard and represent atives
Of the college alumni. Last night there
was an alumni banquet at the Savoy
Hotsl In President Finleys honor.
Among the college presidents in line
were Hadley OF Yale. Butler Of Columbia,
schurman Of Cornell. Wilson Of Princeton.
Princeton theological Seminary and Mac
Cracken Of New York University.
As the officers and guests took their
places on the stage, those who faced the
audience in the front row Of chairs
we're, besides Or; Finley; Ex-President
van Dyke, Senator Depew Edward Lauter-
bach, Father Doyle OF the Paulists, f. NJ.
Shepard, Major Charles E. Lydecker, the
marshal Of the day, and Secretary Putzel
OF the board Of trustees.
On. FINLEY TAKES OFFICE.
The Rev; Dr.. van Dyke began the pro
terbaoh, chairman of the board Of trustees,
then addressed President Finley. on behalf
OF the board. After brief review Of the
history Of the college he put into DR.. Fin
ley's hands the great seal and led him to tho
DR.. Adolph Werner addressed the now
president on behalf Of the faculty, j.
Hampden Dougherty spoke for the alumni
and Kenneth Groesbeck for the under
Senator Depew, a. . regent Of the State
University. was the next speaker. In part
he said:
SENATOR DEPRw's Address.
We have not yet reached a true conception
OF the relations between the people and the
STATE EXsry man ia ana womsn p s'
H1 nsr to Hsz r IL sSs
n Of h ESsh s0isra shss t. s Pess
institutions that ali men are equal before
the law and all are to have ecu al .oppor-
furnish the means BY which these equal
opportunities can be obtained, we are I'M
perfectly developed upon the lines Of our
and equal opportunity for the race Of life
and for careers. our theories are that each
then will advance and acquire according
no expense en IN the education Of his children
acSerdips to their several abilities; ,,...
OF capitalization learns that the laws Of trade
adjust values and they cannot be arbitrarily
able corporation ever created in the volume
has excited the most discussion and prob
months had the value Of its securities re-
sum Of noo, ooo ooo The knife Of the 1esis-
lAtor would never have cut SO deeply In 20
Only to-day land the incident illustrates
the diversity Of Interests Which h, occupies ths
he he aisle aisle here that they had cut another
ter how great any one Of these, corporations.
no matter how much inflated by its own
eforts-if it. has not the confidence Of the
people and has not foundation mt for it's
Be an automatic shrfnkage Of its securities
in volume and value until they are within iina6 the
TIE need Of our time is educated leadership.
or Princeton will ever do his best to pro-
mote the interests OF his alma mater. IL
viii be the lesson as well as the duty Of the
YoHso o. h fss eSs s
and be by by
Of the TSl d e prSo Af he 70 R
coleae-by. giving himself unselhshly and
to the goo g " Of b Tx
will tend to make its citizens better. happter
and more prosperous
coLLRaE PRESIDENTS SPEAK.
President Hadley of Yale expressed the
belief that the City College. distinctive
among colleges as based on municipal
foundation rather than one supplied by
would continue to work out problems
which would be of the greatest service to
students of education all over the land.
Presidents Butler. schurman and Remsen
also spoke.
spoke us lOLOWs.
Mr. cLEvELAND's SPEECH.
Nh CHLRMAN AND LADIES AND GENTLE
MEN: l do not assume that the few words
what has been or will be said BY. others more
at home In these surroundings ! hope. there
fore, that shall be tolerated when confess
that my participation in these exercises Ia
primarily attributable to my warm affection
for the friend who Is to-day inauRurated
president Of the College OF the City Of New
York. combined with my unabated interest
in everything which is related to the enoble-
ment and prestige Of the great municipality
which was once my home.
My intimacy with the new president leads
me TO congratulate him on the fresh honor
that has come to him., and to bid him god
and do this with delighted confidence IN
the adequacy Of his scholarship, with abso-
lutte faith in the correctness OF his conscience.
and with thorough knowledge OF his unre-
hitting devotion to duty. | know the city
Of New York. her generosity, her appreciation
every demand of advancing civilization. and
I congratulate her on to-day's suspicious
event
1t would be strange, however, if such
sentiments left no place in my mind Tor other
reflections which these impressive exercises
suggest. cannot rid myself at this moment
OF the thought that education is O selfish.
useless thing il 1t is to be hid If napkin. or
II IL is to be Rugged to the breast by It's pos
SCISSOR as a mere individual prize ana "
seems to me that the existence OF schools ana
colleges in this land OF ours car, scarcely pc
deemed important except as they are the
tributed through many channels, Tor the
enrichment of the body polite and the stimuli
lation of patriotic thoughtfulness among
our people.