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This sculpture was completed in 1935 by James Earle Fraser and is entitled "Guardianship". The male figure holds the helmet of Protection in one hand and a fasces in the other. The inscription below the statue "Eternal Vigilance is the Price of Liberty" is a quote by Thomas Jefferson. James Earle Fraser was a student of Augustus St. Gaudens, and is best known for his work on the buffalo nickel.
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