Word: caltech
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Dates: during 1960-1969
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...Caltech & the Government...
However, you create a false impression when you state that the U.S. Government supplied 83.6% of Caltech's "operating income" in 1958-59. This figure was obtained by lumping together the campus program with the very large budget for the off-campus Jet Propulsion Laboratory. When one considers only our campus operating budget, the Government's share is only 40%. The same situation applies to the other universities you mention; namely, Johns Hopkins and M.I.T...
...richly benefited universities in new facilities, sharply improved faculty skills and graduate training. Yet in the process many universities are fast becoming "contract research factories." In 1958-59, for example, the U.S. supplied 67.2% of Johns Hopkins' operating income, 78.2% of M.I.T.'s, and 83.6% of Caltech...
...projects off the universities proper. At hand is a convenient device: the great research centers, mostly war-bred and usually off-campus, which universities run under contract to federal agencies. They include California's Los Alamos, Livermore and Lawrence Radiation Laboratories; M.I.T.'s Lincoln and Servomechanisms Laboratories; Caltech's Jet Propulsion Laboratory and Chicago's Argonne National Laboratory...
...process has largely been a case of mutual attraction. Government money has gone to those forward-edge communities and plants where the money, brains and manpower already are. Around the great technical schools (M.I.T., Caltech, University of California), the scientific laboratories, the aircraft plants converted to aerospace, have sprung up vast community complexes. From houses to haircuts, prices have rocketed. At Cocoa Beach near Canaveral, beach property that 17 years ago sold for $20 a foot now fetches $1,000 or more. For decades, California advertised its oranges and sunshine to lure inhabitants, and a man could move there with...