In the working theory of the modern civilized community,—that is to say
in the current common-sense apprehension of what is right and good, as
it works out in the long run,—the university is a corporation of
learning, disinterested and dispassionate.
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This sentence concisely defines the modern university’s core identity in a civilized society: a disinterested, dispassionate institution of learning, rooted in long-term societal consensus on "right and good." It emphasizes the university’s independence from bias, framing it as a neutral guardian of knowledge rather than a tool for immediate interests.

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