Before speaking of what I had intended to say here to-day, I want to say a word just suggested by that address on “idealism in politics.” I wish to see every graduate of this college, and every graduate of every other college in the land, feel (and I thank the speaker for the way he emphasized it) the need of ideals in business and in law, quite as much as in politics. I wish to see every graduate do all that in him lies to uphold a standard of practical idealism in after life. I was struck and amused by the sentence in which the speaker said that at present if you spoke of ideals, you met with the answer, “Oh, yes, that is very pretty in theory, but it won’t work in Troy!” There are two sides to that. In the first place, it is a bad thing for Troy if Troy will not stand idealism; and in the next place it is a poor type of ideal that is of no use in Troy. I want you to remember the last just as much as the first. I want you to have high ideals, but practical ideals. I do not want you ever to get into a frame of mind which we see pretty often in the world at large, which believes that you can only have either high or fantastic ideals, or else low and practical ones. If you have to choose, of course I would a great deal rather see you choose high and fantastic ideals than low and practical ones, because the last are a detriment to the Nation at large, while the first are merely of no earthly consequence. If you have to choose between being noxious and being merely harmless, of course, choose to be harmless. But do not expect very great gratitude from any person interested in the country if you choose merely to be harmless. If you choose to have high ideals so fantastic that they are of no use when you try to apply them in practical life, do not for one moment delude yourself into the belief that to have these fantastic ideals shows that you are more virtuous than the man who has not got them. It merely shows that you are more foolish. Have a high ideal and try to realize it, measurably, within your powers, as, immeasurably and with tremendous power, Abraham Lincoln and George Washington strove to realize their ideals. Have high ideals, and then try to realize them in practical shape. I do not want to see you go out of this institution of learning with an ideal impossible to put into effect, because I am afraid if you leave it with such an ideal and find that this ideal does not work, then instead of realizing that the fault lies in you for having chosen that kind of an ideal, you will think it lies with idealism itself, and will abandon idealism. What I desire to see you feel is that you must have a high ideal; that you must also apply that ideal in practice; and above all things to avoid the state of mind in which you preach an impossible idealism, and make amends for it by not practicing any idealism at all.