Education: Academic Poverty

One day some eight years ago, University of Colorado's grand old man and president, George Norlin, argued long and earnestly with a friend in Denver, a 38-year-old corporation lawyer named Robert Lawrence Stearns. Dr. Norlin was trying to persuade his friend to come to his university as dean of its law school. Conservative Mr. Stearns, who had already made his mark in 17th Street, Denver's financial centre, was hard to persuade. At length Dr. Norlin exclaimed: "Better men than you have taken the vow of academic poverty!" Like many a better man before him, Mr. Stearns took the vow and went...

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