58. REPORT OF COM- In the absence of the Chairman of the Com- MITTEE CN SPIRITUAL mittee, Dr. J. K. McClurkin, the report of RESOURCES the Committee was presented by Mr. Hermann A. Lum. This report was received, dis-cussed, and approved. (See Appendix D.) 59. REPORT OF In presenting his report for the year THE PRESIDENT 1920-21 as President of the University, Dr. Watson emphasized the following points: He pointed out the special significance attached to the record of this initial year of the launching of the University, because of the following considerations: the political situation creates enlarged opportunity for such an educational project; the students are drawn from social levels that represent the leadership of the country; the relig...