Dallin H. Oaks was serving as chair of the executive committee of the BYU Board of Trustees and as a member of the Quorum of the Twelve Apostles when he delivered this address. He spoke of the challenges BYU faces in becoming a “great university of the Lord—not in the world’s way but in the Lord’s way.” This talk figured prominently in a speech given a few months later by President Kevin J Worthen, titled “BYU: A Unique Kind of Education.” You can access the full talk here.