Caption: Booklet - Addresses from Inauguration of Noyes
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22 shortage of supplies of petroleum products needed for use in the interna] combustion engines, upon which the future must largely depend for inexpensive power? Who will furnish other products sorely needed in the world if not the research chemist? In this connection I am again constrained to quote the inspiring words written by the editor of the Wall Street Journal under the caption "Science as a Financial Asset." Among other things this accomplished editor said: Science as a source of strength in promoting private wealth and public welfare is the one thing t h a t draws the line of demarcation between ancient and modern times. That was a belated mediaeval, not a modern, outburst of popular wrath against which Lavoisier's friends appealed for his life on the ground of his scientific service to the French state. The powers then in control then replied t h a t the republic had no use for chemists. F a r more like modernity is the declaration of a German chemist t h a t " scientific research is the greatest financial asset of the fatherland." Germany's economic progress proves t h a t he was at least nearer right. The sciences in general have been among the greatest emancipating forces, because they have helped to overcome man's fear of nature, which kept him from utilizing the forces of the world about him, and because tin disclosed elements of the highest value to the world in their most practical forms. I t has boon well said that if we were to take away what the chemists have contributed, the whole structure of modern society would break down at onoo. Every commercial transaction in the oivili vd world is based on the chemist's certifloato is to the flnem I of gold, which forms our ultima to measure of values. Faith may remove moun tains, but modern society lvlios on dynamite. Without explosives our -real engineering w o r U ,nus1 ' ( "i i the Panama ('anal, no less than ( modern warfare, become impossibh Chemist. ry has made ponsiNe I ho transportation systems which span the 1 Biding oountrioH of (ho world (
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