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accomplish achieve actions American people today American university ancestors Anniversary aspirations authoritarian govern authoritarian system banker believe bilities BOSTON centuries changed Co-operation conception control by government conviction deeply democratic devotion discuss dispute doctrine Economic and social economic system engaged enterprise system ernment essential example Exercises fessions field Fortieth fraternity free enterprise free markets function future governmental systems hand stand Horace Mann indi infinite variety inseparable Instrument of Social learning liberty magnitude mankind mathematical ment necessarily NORTHEASTERN UNIVERSITY old frontier operating opportunities phase planned economy present President Compton principles prise Private Enterprise problems profit motive prospective leaders public interest public regulation questions remedies repositories scholars sense of social social objective Social Progress social responsibility spiritual system of free systems based thought threat tonight understand versity vidual vital wisdom Women for Democracy World Today