Picture a great ruling-class university, founded on “the Bible, rum and niggers”; that is to say, the African slave-trade, covered by a mantle of religiosity. The students at this university are young aristocrats, heirs-apparent of ruling-class families, who attend “prep” schools so exclusive, and with so long a waiting list that you have to make your application when you are born. In these schools they “make” certain exclusive fraternities, and when they come to Yale they “make” certain secret societies, whose spirit is symbolized by the “Skull and Bones.” Their other ideal in life is to win athletic contests, whose temper they embody in the “Bull-dog.” The trustees of this pious university you will find listed according to their economic functions in “The Goose-Step.” Their favorite alumnus, the high god of the present Yale religion is a three-hundred-pound plutocrat by the name of William Howard Taft, who was made president of the United States some years ago for the purpose of allowing the land thieves to get away with the natural resources of Alaska. Having fulfilled that function for his class, and having, when he came up for re-election, succeeded in carrying the states of Vermont and Utah, he was made chief justice of the Supreme Court, to serve as a bulwark of the liberties of the American people: the liberty of the individual hunky and wop to negotiate independently with the Steel Trust; the liberty of railroad directors to compel their wage-slaves to toil when the wage-slaves want to rest; the liberty of little children of Georgia crackers and North Carolina clay-eaters to work all night in cotton mills. Having solemnly delivered such pronouncements in defense of liberty, this all-highest alumnus brings his three hundred pounds to the commencement ceremonies, and walks in solemn procession clad in scarlet and purple robes. That is Yale, and the spirit of Yale; the academic apologist of the most efficient system of plunder yet seen upon the face of the earth. Capitalistic exploitation is Yale’s religion; and you will note that in all essentials it is identical with the religion of Rasputin and Tsar Nicholas. When the tsar’s armies marched out to protect the lumber concessions of the grand dukes on the Yalu River, the priests and archbishops in the Kremlin officially blessed the ikons. And just so do chaplains of New Haven bless the flags when the American marines set out to shoot up natives in the West Indies and Central America, for failing to pay their interest upon the bonds of J. P. Morgan and his Yale trustees.