From the Institute's website from that day:
I want to publicly thank the Institute (again) for its wonderful work for the salvation of souls, the preservation of the good and the beautiful, especially in the liturgy and its Salesian apostolate. They have done so much good for my family, that I would be remiss if I did not express my gratitude.
The Church saves us, we don't save the Church, Monsignor Wach would say. Of course he is right. But the Institute he founded has done so much good work in the 23 years since its founding-- work that benefits the Church and her children-- that it bears acknowledgment.
God Bless the Institute of Christ the King!