In 1912, University President Edmund James delivered a speech before the Board of Trustees, declaring his ambitions to expand the Library's holdings until they rivaled those of the impressive academic libraries in Germany. James said that the Library should acquire at least a million of books as rapidly as possible, and that the state should fund construction of a new building to house all of these books (quoted in Library History).
The current Georgian Revival building was built in the 1920s. The Library collections moved to their new home in 1926, and UIUC President David Kinley dedicated the building in 1929. In 1935, the Library purchased its one-millionth volume, fulfilling President James' earlier ambitions. As the Library continued to expand, its collections in History, Classics, Architecture, and Mathematics became especially impressive. The UIUC Library is also notable for its early adoption of new technology facilitating better organization, thanks to the direction of University Librarian Hugh Atkinson. By 1978, it was using an online catalog. Today, the Library houses over 14 million volumes and continues to grow.