Here is a text version of the above speech:

                                                                                               
     Slade: But not a snitch.
     
     Trask: Excuse me?
     
     Slade: No, I don't think I will.
     
     Trask: Mr. Slade.
     
      Slade: This is such a crock of shit.
     
     Trask: Please watch your language,
     Mr. Slade. You are in the Baird School not a barracks.
     Mr. Sims, I will give you one final opportunity to speak up.
     
     Slade: Mr. Sims doesn't want it. He doesn't need to labeled:
     "Still worthy of being a 'Baird Man.'
     " What the hell is that? Whatis your motto here?
     "Boys, inform on your classmates, save your hide"
     -- anything short of that we're gonna burn you at the stake?
     Well, gentlemen, when the shit hits the fan some guys run
     and some guys stay. Here's Charlie facing the fire;
     and there's George hidin' in big Daddy's pocket.
     And what are you doin'?
     You're gonna reward George and destroy Charlie.
     
     Trask: Are you finished, Mr. Slade?
     
       Slade: No, I'm just gettin' warmed up. I don't know who went to
     this place, William Howard Taft, William Jennings Bryan, William
     Tell -- whoever. Their spirit is dead -- if they ever had one --
     it's gone. You're building a rat ship here. A vessel for sea goin'
     snitches. And if you think your preparing these minnows for
     manhood you better think again. Because I say you are killing the
     very spirit this institution proclaims it instills! What a sham.
     What kind of a show are you guys puttin' on here today. I mean,
     the only class in this act is sittin' next to me. And I'm here to
     tell ya this boy's soul is intact. It's non-negotiable. You know
     how I know? Someone here -- and I'm not gonna say who -- offered
     to buy it. Only Charlie here wasn't sellin'.
     
     Trask: Sir, you are out of order!
     
     Slade: Outta order? I'll show you outta order! You don't know what
     outta order is, Mr. Trask! I'd show you but I'm too old; I'm too
     tired; I'm too fuckin' blind. If I were the man I was five years
     ago I'd take a FLAME-THROWER to this place! Outta order. Who the
     hell you think you're talkin' to? I've been around, you know?
     There was a time I could see. And I have seen boys like these,
     younger than these, their arms torn out, their legs ripped off.
     But there isn't nothin' like the sight of an amputated spirit;
     there is no prosthetic for that. You think you're merely sendin'
     this splendid foot-soldier back home to Oregon with his tail
     between his legs, but I say you are executin' his SOUL!! And why?!
     Because he's not a Baird man! Baird men, ya hurt this boy, you're
     going to be Baird Bums, the lot of ya. And Harry, Jimmy, Trent,
     wherever you are out there, FUCK YOU too!
     
     Mr. Trask: Stand down, Mr. Slade!
     
     Slade: I'm not finished! As I came in here, I heard those words,
     "cradle of leadership." Well, when the bow breaks, the cradle will
     fall. And it has fallen here; it has fallen. Makers of men;
     creators of leaders; be careful what kind of leaders you're
     producin' here. I don't know if Charlie's silence here today is
     right or wrong.
     
     I'm not a judge or jury. But I can tell you this: he won't sell
     anybody out to buy his future!! And that, my friends, is called
     integrity! That's called courage! Now that's the stuff leaders
     should be made of. Now I have come to the crossroads in my life. I
     always knew what the right path was. Without exception, I knew.
     But I never took it. You know why? It was too damn hard. Now
     here's Charlie. He's come to the crossroads. He has chosen a path.
     It's the right path. It's a path made of principle -- that leads
     to character. Let him continue on his journey.
     
       You hold this boy's future in your hands, committee. It's a
     valuable future. Believe me. Don't destroy it! Protect it. Embrace
     it. It's gonna make ya proud one day -- I promise you.