throat the grasp of monopoly and unlawful combinations
     by whatever name called; to banish sloth and poverty
     and all unnecessary toil and to fix the bow of hope
     on the horizon of prosperity. This view in no wise
     looses sight of the value of cultural education or
     in any way minimizes it:  it rather rounds out and il-
     lumines the agricultural life by nriacing the hand of
     culture in that of success.

                          Very respectfully submitted,

                             (Signed) Henry S. Barker, President

     Motion was made, seconded and unanimously carried that
the President's report, as read, be approved. During the
reading of President Barker's report, Governor Stanley stat-.
ed that he desired recorded in the minutes of this Board:-

    "I have seen the cadets at West Point march just ahead.
of the carriages at the inauguration of three Presidents of
{-the United States, at Washington, and neither there not at
any other place have I ever seen more perfectly drilled or
neater cadets of the State University, and I was especially
proud, being an old student of this institution, of the
magnificent showing they made at the inauguration of the
last governors.

     On account of a vacancy made by the resignation of
Mr. Louis L. Walker, last June, Dr. J. A. Ammons was nom-
inated to fill the vacancy. Therebeing no further nomina-
tions, Mr. Ammrons was iinanimously elected a member of the
Board of Trustees.

     .Motion was then made to adjourn to meet at the Governor's
office in Frankfort, Wednesday, December 22, 1915, at
eleven o'clock.



Secretary