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A TRIBUTE AND A CHALLENGE

Remarks by Chas. N, Shepardson, Member, Board of Governors,
Federal Reserve System, at the Centennial Banquet, Fort Collins,
Colorado, on August 20, 1964.

It was a real pleasure and a rare privilege to have the honor of
keing invited back to one's home town on an occasion such as this, espec

iall y
after an absence of over thirty-five years, as in my case.

env

The

ironment and influence of Fort Collins and its people throughout the

^ e a r s of my boyhood and early manhood made a lasting impression on my life
and

I have always thought of Fort Collins as my home town even though I

^ a v e spent more years of my life away from here than I did here.

Hence,

* w as delighted to accept the invitation though I did so with considerable
tre

Pidation for I wondered what I might say that would be appropriate for

an

occasion of this kind.
Over the weeks since I received the invitation, I have asked

m

Vself repeatedly, "What makes Fort Collins the attractive city that it

ls?

Pos

What makes it grow?

What is its appeal that draws me back on every

sibl e occasion?"
Perhaps it is its location in the midst of a beautiful and pro-

active agricultural valley whose products have provided the base for its
ec

°nomic activity throughout its history.

Or perhaps it is its easy access

t o fc

he majesty and awe of the nearby Rockies with their seemingly endless

Vai:

str

iety of hills and valleys, deep canyons and towering peaks, trickling

eams and rushing rivers, to say nothing of the new man-made lake that

^0a sc turned the dry hillsides of Horsetooth and its foothills, which I used
4.
limb as a boy, into a mighty reservoir that provides not only a source

- 2 Of r>

new productivity for your farms but also a site for water sports and
re

v

creation heretofore unknown in this area.

Yet these do not seem to pro-

ide the answer for there are other agricultural areas equally or even more

Productive and other equally scenic mountain areas with less rigorous winters.
It might be your industries, yet Fort Collins has never been a
ma
r

jor industrial city nor an important transportation center with mass pay-

°lls to attract a big labor force.

True, there has developed here over

thp
years a number of relatively small but thriving industries, each of
^hich contributes significantly to the economy of the community but none
ot

which stands out as a dominant factor on its growth and development nor
a

significant determinant in the character of the city itself.
What, then, makes Fort Collins the city it is, a city of attrac-

tive homes, good schools, and thriving churches, with wide, clean streets
atlc

* a prosperous, steadily growing civic-minded business community, and a

Clt

y government not unduly burdened by debt, yet alert and responsive to

thp
needs of its citizens.
The more I have thought about it, the more I have become convinced
t

^at it i s the people themselves with their hopes and aspirations for them-

Se

V

lves and their families, their adaptability and receptivity to the changing

° r ld in which we live; but also their belief in and adherence to the fun-

damental and enduring verities of life.

Let us look briefly, then, at our

history in terms of people.
When Fort Collins was established one hundred years ago today
tlle

country was engaged in one of the greatest fratricidal struggles of
time.

to

But even in the midst of this turmoil, many men were looking

new challenges and new opportunities in the beckoning frontiers of the

3 w

est.

of

Trails were being blazed and forts established for the protection

that flood of people that was to surge across this vast and untamed

land frontier in search of their future.
by

thei

e

of

bu

-r aversion to the restraints of civilization and their craving for

freedom of the wild.
quick and easy wealth.

and

First, were the hunters, driven

Next came the gold seekers lured by the prospect
Both made their contribution to the opening

the development of the West in general, and even of this community,

t both were of a transitory nature.. Thus our State became dotted with

•.I

ri

-ving mining camps that flourished for a day or two and then slid back

and became mere memories of glories achieved or frustrations suffered as
Ol H •
mines played out and new discoveries beckoned. Even this area had
U s

touch of gold fever as some of you will recall from the stories of

tH
e

old Manhattan gold camp.
Les
s spectacular but yet of importance in their day were the old

St

° n e quarries at Stout and Masonville, once thriving communities in this

are

a but now buried under the waters of Horsetooth Reservoir.

And as

Recently as the mid-twenties it experienced again the excitement of the
^ a nhattan gold days when black gold was first discovered in the Wellington
0i

l field.
Activities such as these have all played their part in the develop-

men

t of this community, our State, and, in fact, the entire West and will

^°ubtless continue to do so as new discoveries and scientific advances unloc

may

dev

k the door to wealth still hidden or unutilized, not the least of which
be the oil shale fields almost at our door to the West.

However, a larger, stronger and more enduring factor in our Western
elopme nt
was the surge of settlers seeking a piece of land to call their

- 4 0Wn

me

> a place to put down their roots and raise their families.

These were

n whose ancestors had known the oppression of the feudal land barons and

me

*"Chant princes of Europe, where a man's future had been limited to that
the station or economic strata to which he was born.

In our own country

^ e y had seen the rise of the plantation system of agriculture in the South
based on the slave labor of fellow human beings.

And in the North they

h J
ad

seen the beginning of our own industrial barons rising to power through
oppressive exploitation of labor in their sweat shops.
They were earnest, courageous, hard-working and God-fearing men

an

d women seeking a place where they might enjoy a fair share of the fruits
their own labor; a place where a man's stature in his community was

based on his own efforts and his own contribution to its welfare, uninfluen

ced by race, religion, reputation, or economic status of his ancestors,
as their independence and self-reliance gave them the courage to face
hazards of a new country, their God-fearing nature, fortified by the

ne

cessities of their new environment and their zeal for the rights of

their fellowman as the best protection of their own rights, made them
good neighbors and community builders.

From their first start west, they

bad been bound together by their common needs and for their common proaction.
h

Thus developed the friendliness, neighborliness, and open-handed

°spitality that became the tradition of the West.
It was people such as these who settled in Fort Collins and its

Su

rrounding area.

It was people such as these who built our churches and

° U r schools; people with a realization that they were living in a changing
c

°untry and that to keep up those changes they must be prepared to accept

ari

d adapt to changes.

It was this realization that led them to see the

- 5 -

Possibilities in a new type of education envisioned by the Morrill Act of
1864, authorizing the establishment of the land-grant colleges.

Up to that

time college training had been limited largely to sons of the well-to-do
an

d to the fields of the Arts and so-called learned profession, namely,

l a w, medicine, and the ministry.
c

Here was a proposal that would provide

°llege training not only in the traditional fields but in the applied

fields of agriculture and mechanic arts in publicly supported institutions
that would be available to all.

Incidentally, it was our land-grant col-

leges that have been largely responsible for the technological evolution
ln

our agriculture that has made it the wonder and envy of the world.

No

Place else in the world and at no other time in recorded history has man
had such an abundant supply of such high quality food at so low a cost in
terms of manhours of labor required to produce it as we enjoy in this
c

ountry at the present time.
It was no accident nor idle dream that led some of our early

Pioneers to visualize the value of such a college, and it was this kind
Vision that led such men as Patterson, Mason, Peterson, Mathews and
Da

c

lzell to provide the land as a site for such a college here in Fort

° U i n s in 1879.

From that day to the present time, the college has been

a

Part of the town and, in fact, its major industry.

a

leader in the development of western agriculture but from its earliest

da

Not only has it been

ys the importance of irrigation to our dry but potentially productive

l^nd was recognized and the college became a leader in the training of
Irr

e

igation engineers and the development of irrigation projects.

arly days were hard and growth was slow.

The

Agriculture was as old as

man

hut agricultural science was new and unrecognized as academically respectable

- 6 -

among the older colleges and universities of the day. Even at the turn of
century the agricultural curriculum was a curious mixture of arts and
science in the classroom and practical work on the farm.

But already its

In

*pact was being felt in many fields and Fort Collins was developing from

a

frontier fort to a prosperous and thriving commercial and educational

center for a rapidly developing agricultural community.
It was to such a town that the widow of a young Jefferson County
rancher brought her five-year old son and two younger daughters in the
summer of 1901.

She sought three things: first, a source of livelihood

f°r herself and her children; second, a clean,wholesome environment in
w

hich to raise them; and, third, far-sighted as she was, the opportunity
f
r

a college education for them when they reached that age.

Without bus-

iness or professional training but with the capacity for work developed
as

the daughter of an Illinois farmer with an unusual talent for cooking,

she saw the opportunity for a livelihood in running a faculty boarding
table which would at the same time enable her to maintain a home for her
cl
f

Uldren and put them at the very door of the college when they were ready

°r it.
And so, ladies and gentlemen, your speaker became a kindergarten

P u Pil in the basement of the old Remington school sixty-three years ago
tlli

-s fall.

Perhaps you didn't know it, and I didn't until recently, but

that kindergarten was the first public school kindergarten west of the
Mississippi River and was indicative of the interest in the education of
u
s

children that has made Fort Collins a city of outstanding schools

throughout its history.

Then we had two buildings -- Remington with its

kindergarten and Franklin with the high school on the second floor, a small

- 7 Plant indeed compared with the numerous new grade schools, the junior high
schools, and the magnificent high school plant that you have today.

But

more important even than the new buildings has been the corps of dedicated
teachers who have contributed so much not only in the academic training of
children but also in the inspiration and ideals that they have helped
in

still in them.
As I think back over my own school days here, I can't help but

§i-ve thanks to my teachers for the solid educational foundation they helped
to acquire.

But, even more, as I think of the turmoil and strife that

exists in so many of our cities today, I give thanks for the spirit of
Se

lf-reliance and responsibility, of ambition and initiative, of tolerance

an

d fair play that they taught us not only in the classroom but on the

Playgrounds, the athletic fields, and in all of our daily contacts.

In

'-his connection, I would like to pay tribute to a man whose former students
are

gathering to honor him later this week.

This man came to Fort Collins

High School in 1912 and it was my privilege to be a student in his class
an

d a member of his first football team.

are

The records of his athletic teams

known to all of you but his impact on the lives of the hundreds of Fort

^°llins boys who came under his influence in the last fifty years cannot
he measured.
c

As you know, I refer to George Washington Scott, teacher,

°ach and Christian gentleman.
And will you pardon me if I pay tribute to another Fort Collins

teacher who retired just last year.
h

As a former teacher myself, nothing

*s given me more pride and satisfaction than the words of praise that I

have heard from some of the men and women who were in her classes during
t

he past forty years, and who have told me what an inspiration she was to

them.

I refer to my sister, Miss Margaret Shepardson.

- 8 -

What I have said of the city schools is equally true of the College,
too, has gone through an amazing evolution.

In 1901 Colorado Agricul-

tural College, frequently referred to as the "Cow College," had about 200
students known as the "Farmers."

Its campus was limited to the old red

brick buildings still standing on the East side of the campus.
w

But it

as already making its mark not only as a school for practical training

In

agriculture but also in the fields of science and technology, while the
Columbian and Aethenium Literary Societies, the student glee clubs and

band added to the cultural development of the campus and the community.
By the time I entered as a freshman in 1913, enrollment had grown
to over 500, with our class of 221 making up nearly half of the total.
c

hapel and gym had been added to "Old Main" and the white brick campus west
the track had been started.

v

The

And in 1915 and '16 our football teams, of

*Uch it was my privilege to be a member and still known as the "Farmers ,"

Su

rprised ourselves, the community and, in fact, the entire Old Rocky

fountain Conference by winning the first football championships "Aggies"
eve

r had.

And here I would like to pay tribute to Harry Hughes, "Grand

Man" of Aggie athletics

and a man who had a powerful influence on the

lives of all of us who came under his supervision.
But more important than its athletic record was the continuing
ad

vancement of the College in the fields of science and technology with a

growing reputation that was drawing students in agriculture, engineering and
Ve

terinary medicine not only from across the country but also from many

foreign lands.
a

As further evidence of the achievement of academic respect-

bility, its graduates were being readily accepted in the better graduate

schools of the country.

- 9 -

And with this growth Fort Collins kept pace.
a

The growing staff

nd student enrollment stimulated the growth of the business community to

mee

t their needs, and the open hospitality to all, regardless of race,

Cree

See

d , national origin or economic status, continued to attract families

king the type of home environment and educational and economic oppor-

tunity that had attracted my mother some years earlier.
In this connection, I am reminded of an illustration of Fort
^°llins' friendliness and hospitality to those seeking a home and an opportunity,

Many of you will remember when the sugar factory was built and

height train loads of European peasants were brought in to work the beets,
few of them spoke any English and their customs were strange to us but
t

^ey were honest, hard-working, God-fearing people looking for an oppor-

tunity for their children and a home they could call their own.
as

Starting

contract workers, with the size of a man's contract depending upon the

Sl

-ze of his family and the number of workers he could put in the field,

they gradually became renters and then owners.

Today many of the best

drills in the county are owned by them or their children.

Others have

nioved to town and have become some of the city's most substantial citizens.
If you will pardon another personal reference, I would like to
tell you of my first job as an illustration of the interest of Fort Collins'
busi n e s s
Suc

men

in the youth of the city.

h odd jobs as I could find.

As a small boy, I had been doing

One day Carl Anderson, then editor of the

°ld Fort Collins Courier, called my mother to say that he had seen me workaround the neighborhood and he wondered if I would be interested in a
re

gular job delivering papers.

That job was the beginning of a paper bus-

iness that paid for most of my clothes, shoes and books for as I went on

- 10 -

through school I picked up routes for the other papers until at one time
I was delivering the Fort Collins Express before breakfast, a combined
Rocky Mountain News and Denver Republican route at noon, the Courier after
school, and the Denver Post after supper.

In fact, I learned the streets

at

*d house numbers of Fort Collins so well in those years that I can remember

m

°st of them to this day.

But more important than that, I had a chance to

^•earn about people and their attitudes toward life as reflected by their
interest in the news boys on the streets.

As I think of the many kindnesses

I received and of the opportunities that have come to me and to many of my
schoolmates who are now leading citizens of the community, I always rememmy mother's answer when I asked her how Mr. Anderson knew about me.
She replied with a quotation, most of which I have forgotten but one line
which stuck - "Many eyes are watching, taking note of you."

I would

^•ike to think we have all earned whatever success we have attained but I
know that much of it was made possible by the friendly interest of the
fflany whose eyes were watching our efforts and who stood ready to extend
a

helping hand. .
But I have talked overly long of the past.

tomorrow?

What of today and

I need not tell you that we are living in a day of change.

This has always been a land of change but the pace has been accelerated
almost beyond belief.

It takes less time for me to fly from Washington

to

Denver than it used to take to come from Denver to Fort Collins by

tr

ain when I was a boy, and we can send an astronaut around the earth
a matter of a few hours.

ne

r

We can sit by our televisions and watch a

ws conference between world statesmen with each sitting in his own living

°om while their words and pictures bounce around the world by means of a

ma

n-made satellite in the sky.

- 11 -

The seemingly unlimited land frontier of yesteryear is gone but
the developments of science have opened new frontiers whose limits no one
can visualize today.
a

The outlook for the future is for further technological

^vance in the development of new products, new tools and new methods of

Production, and these in turn call for increased and improved training of
People for the new jobs that are being created.

The unskilled jobs of the

Past are fast disappearing, just as did our land frontier, and the growth
any community in the future will depend primarily on its ability to
Provide the education and training for its youth to meet the employment
n

eeds of the future.

In fact, the solution of the Number One economic

Problem of our country today, namely unemployment, is basically one of
education and training.
In this connection, I would like to refer to a recent statement
ky another Fort Collins boy and former classmate of mine.
w

ho i s

now

Keith McHugh,

serving as Commissioner of the New York State Department of

Commerce, in a recent speech before a national industrial conference, said
this and I quote: "The return on our investment in education now accounts
f

°r more than one-fifth of the U. S. total'economic growth.

The key to

the economic growth of the future is not in our factories but rather the
Ua

tion's research corporations, industrial laboratories, experiment stations

arid

universities."

Later he went on to say that, "The best way for a region

to attract the industry of tomorrow is to combine the finest possible college and university facilities, including advanced degree centers, with a
solid growing base of research and development laboratories.

This combin-

a

tio n of assets has enormous attraction for research oriented industry,

w

hich in turn is generally the fastest growing in our industrialized society."

- 12 -

As I first read Keith's paper, I couldn't help but think of the
many cities that are seeking to develop this kind of stimulus to their
future economic growth and of how fortunate Fort Collins is to have such
an institution already in operation.

The "Cow College" of yesteryear has

become a great university with an anticipated enrollment of 10,000 students
'-bis fall.

From a position of striving for recognition and acceptance of

lt

s students by the graduate schools of other universities, it has risen

to

the point where the enrollment in its own graduate school outnumbers

the total enrollment of my day.
Se

The beautiful new campus that you have

en developing over recent years is but an outward symbol of the expan-

Sl

-on of its program that today draws top graduate students from all over

this and many foreign countries.
In

Its new research laboratories are explcr-

g fields unheard of a few short years ago.

And as Keith has said, these

all act as powerful magnets for the new industries dependent on such research
facilities and trained personnel.
I am sure you all recognize its value as a community asset but
* Wonder if you realize your responsibility for its continued growth and
de

velopment.

Sure, it is a State institution and it depends on the State

its financial support.

But let me remind you that even in this day

automation it is its staff that makes it a living, effective institution.

And, regardless of its financial resources, its ability to attract

a^d hold the kind of staff that can develop new research and attract and
Aspire the students who fill its halls, depends in no small measure on
tbe kind of environment the community affords them in which to live and
se their families.

- 13 -

If the University is to continue to grow and if Fort Collins is
to reach a population of 80,000 in the not-too-distant future, as projected
the local paper recently, it will involve many changes.

The shorten-

ing of time and distance brings us closer and closer not only to our neighbor
next door but also to our neighbors around the world.
m

As population becomes

°re congested, human relations become more complicated.

We

find the exercise of our own rights and freedoms impinging on and restricted

by the rights and freedoms of others.
l

More and more

As we see the effects of these changes

n the increasing wave of social unrest that is manifesting itself in many

areas of our country, the importance of our human relations becomes increasingly apparent.
And so, as Fort Collins looks ahead to the next hundred years,
I would hope that in our zeal for economic, industrial and population
growth we would never lose sight of the attributes that make a city a desirable place to live.

I would hope we would continue to exercise and to

develop in our children a sense of responsibility and self- discipline, a
Pride of achievement, and a wholesome regard for the rights of others.

I

w

ould hope we would continue to hold open the door of opportunity for each

m

an to prove his worth by his own efforts while standing ready to extend a

helping hand to all who need it.

I would hope we would continue to main-

tain the civic pride and cultural atmosphere that will attract the kind of
s

taff and student body that are the life of the University, which in turn will

become more and more the base of our whole economic growth and development.
Thus will the aspirations and ideals of our founders live on and thus will
F

ort Collins continue to be the

° u r home town.

kind of a city that we are proud to call