I hope we have laid the foundation of an institution which shall combine practical with liberal education, which shall fit the youth of our country for the professions, the farms, the mines, the manufactories, for the investigations of science, and for mastering all the practical questions of life with success and honor. I believe that we have made the beginning of an institution which will prove highly beneficial to the poor young men and the poor young women of our country. This is one thing which we have not finished, but in the course of time we hope to reach such a state of perfection as will enable any one by honest efforts and earnest labor to secure a thorough, practical, scientific or classical education. The individual is better, society is better, and the state is better, for the culture of the citizen; therefore we desire to extend the means for the culture of all.