The Founders And Founding of Illinois College

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He could only say, "It would be best to observe it. " We parted, I in grief, he in perplexity. Years after we met, and he said, "I have long" wanted to see you and say you were right and I was wrong, and I have long practiced as you requested. " In the board of trust, he once ad- vocated alone a certain measure, and time showed that if his advice had been followed, it would probably have been greatly to the financial interests of the College. What he believed to be right he would abide by, or r...e- linquish whatever he had thought was right or best when there was evidence that it was not, whatever the cost to him.
I must here relate, as briefly as possible, the most critical crisis in the finances of the College that has ever occurred. It was the crash that came in '37. For five or six years an extraordinary influx of immigration 12 poured into Illinois. Every dollar that a man had, and all he could borrow, was put into land, and a universal mania for town and city building 1 prevailed.


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