It is an instrument of democracy for the establishment of the supremacy of those values which we believe to be true, beautiful, and good. In so far as it succeeds, its success may be said to be of universal significance and application.
Therefore, it is fitting that we should have with us for this occasion men and women representing other institutions and different approaches to this common objective. We welcome them as comrades in a high and purposeful enterprise, the fellowship of which grows out of a mutual respect for honesty in the realm of intellectuality and sincerity which respect all things of the spirit.
There is a tradition in this country that every great emergency produces a leader capable of dealing with it. This seems to be one of democracy's laws of selfpreservation. Only an educational statesman of the first order of ability could comprehend all the ramifications of the problems and difficulties confronting higher education in this country today, but that these problems and difficulties exist in almost unique intensity and degree, no man of reasonable intelligence or powers of perception can doubt. It is a reassuring circumstance that as we in North Carolina turn our faces towards the future and ponder whatever it may hold for us, we have a leader whom we need only to know to trust, and to trust implicitly. If the new world and the new era into which we are emerging have a place for ability of a very high order, we know that he will exert a profound influence. And if this new order attaches value to those qualities of heart and soul which are the essence of sincerity and honesty, and even humility in the presence of great opportunity, we can be of good cheer, knowing that, because of this man, the best is yet to be.
Frank Porter Graham, by my authority as governor of North Carolina and president of the board of trustees