In his article published in the first issue of Library Quarterly (1931), Douglas Waples describes the rationale for the newly created academic program of the University of Chicago Graduate Library School. A commitment to interdisciplinary research was central to the school's mission. Though it can be argued that we have made considerable progress in library schools since Waples's statement was published, the contention of this paper is that the academic desiderata outlined by Waples have yet to be fully achieved, that our schools of library and information science are once again intellectually impoverished, and that the Graduate Library School ought to be reinvented or re-created.