This failure must be remedied in large part by the actions of you and your fellow-teachers, your fellow-educators throughout this land. By your lives, no less than by your teachings, you show that while you regard wealth as a good thing, you regard other things as still better. It is absolutely necessary to earn a certain amount of money; it is a man’s first duty to those dependent upon him to earn enough for their support; but after a certain point has been reached money-making can never stand on the same plane with other and nobler forms of effort. The roll of American worthies numbers men like Washington and Lincoln, Grant and Farragut, Hawthorne and Poe, Fulton and Morse, St. Gaudens and MacMonnies; it numbers statesmen and soldiers, men of letters, artists, sculptors, men of science, inventors, explorers, roadmakers, bridge builders, philanthropists, moral leaders in great reforms; it numbers men who have deserved well in any one of countless fields of activity; but of rich men it numbers only those who have used their riches aright, who have treated wealth not as an end, but as a means, who have shown good conduct in acquiring it and not merely lavish generosity in disposing of it. Thrice fortunate are you to whom it is given to lead lives of resolute endeavor for the achievement of lofty ideals, and, furthermore, to instil, both by your lives and by your teachings, these ideals into the minds of those who in the next generation will, as the men and women of that generation, determine the position which this Nation will hold in the history of mankind. In closing, I want to speak to you of how certain things, some of which have happened, and some of which have been suggested to me by what has happened, in the past week, emphasize what I have said to you as to the importance to this country of having within its limits men who put the realization of high ideals above any form of money-making.