The people of this country are commonly supposed to be in a high degree practical, and the word is often used in praise of Americans as possessing a clear vision of the hard facts of life and as governing their conduct accordingly, so as to get the best results possible. The typical American is supposed to be a practical man, not an idealist or a misty theorizer absorbed in meditations that lead to nothing. But the same word may also be used to imply a reproach, not the less real for being covert; it may suggest that ours is a civilization which looks upon material prosperity as the highest good and cares but little if at all for whatever is intangible. That our colleges and universities attract a large number of students of capacity and industry is good evidence that the young men of this country do not all understand success in life to be synonymous with the acquisition of wealth. But it cannot be said that we have in our universities all the students we want. There is still room for a great increase in their numbers before we need feel that there is any risk for us of an intellectual proletariat.