Word: buildings
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Dates: during 1950-1959
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...regard a university as a factory, then it might build its reputation on either of its two products: alumni or research. In practice, producing alumni is a tricky and unrewarding business, for there is no practical method of evaluating a young alumnus, nor of telling whether his quality is produced in college or in some other manner. As a result, you must wait until the public notices that your alumni become rich and famous--usually a half century after you have raised the quality of education. Only a college which views its mission as eternal can depend upon such...
...danger of hitching your reputation to scholarship is that once you build a research factory, you cannot readily convert your vast plan to the production of educated alumni. For if scholarship is to be anything, it must be cosmopolitan. The scholar must therefore speak to a national or international audience, not to the local parish. Such an audience naturally focusses his first loyalty in the universal "discipline," rather than on his employer, the local university. Moreover, his prestige with this national audience is primarily determined by what he himself produces, secondarily by what his departmental colleagues produce, and hardly...
...Pope Pius XII, who put him in touch with energetic, persuasive Monsignor George Roche, onetime parish priest in Poitiers, France, head of a lay order, Opus Cenaculi (work of the cenacle). The group, originally backed by Melvina Rivet, a wealthy Canadian widow in her 80s, had raised millions to build schools and churches in France and Italy...
...well fought by both company and community. Almost from the moment he took over in mid-1956, President Churchill, who made his mark as Studebaker's top research engineer, realized that the company's salvation lay in scrapping its big-car line for a single, easy-to-build, low-priced small car that did not have to compete on the Big Three's terms. In January 1958, Churchill gathered his top executives and put the question to them; at the end of the less than two hour meeting, the decision was made...
...mills were pouring at near-record rates. The figure last week: 86% of the industry's newly expanded capacity, 2,439,000 actual tons and a volume within hollering distance of the 2,525,000-ton alltime peak set in December 1956. As customers hurried to build up depleted inventories and hedge against the threat of a strike or higher prices in July, some mills even began to ration short products on an informal basis. Steelmen expect the big demand to run through the second quarter at least, make it the biggest in steel's history...