STANFORD REGIONAL DINNER Record copy 10/18/62 Thank you, Mr. Chairman. I am pleased to be here tonight to represent Stanford's Trustees. Early in my days as a Trustee I made a solemn resolution that, while I was willing to follow Wally Sterling as he led Stanford to greatness, I would never follow him as a program speaker. This was in realistic recognition of our relative performance on the podium. But tonight, tricked by television, I not only find myself following him but that he has largely given my speech for me. I have been asked to address you on "What it means to raise $100 million for Stanford." Sophie Tucker put it succinctly when she said: "I have been rich and I have been poor, and believe me, rich is better". I won't attempt to enlarge on President Sterling's convincing statement on the importance of support to Stanford and its PACE Program. I would just like to cover a few points on the job ahead, and the Trustee's view of the Program. At least one Trustee is present at each of tonight's simultaneous dinners. This is ample evidence that the Board is solidly behind the PACE Program. We feel it's the biggest and most important undertaking since Stanford's founding. We participated in the studies which led up to the launching of the Program. We carefully reviewed the PACE objectives - for building, faculty support, student aid, libraries, and academic programs - and satisfied ourselves that these objectives represent Stanford's highest priority needs. All of the Trustees have pledged their financial support to the Program; all of us are deeply involved in the volunteer effort to carry the Stanford story to its alumni and friends everywhere.