Word: forded
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Dates: during 1950-1959
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...Manhattan this week, the Ford Foundation announced one of the largest single private grants to higher education in U.S. history: $50 million to help selected privately run colleges and universities boost faculty salaries. Recipients of the Ford grants (still unnamed) will be asked to supplement the gifts with funds raised from other sources...
Said Board Chairman Henry Ford II: "[Teachers] have not begun to share the benefits of the [nation's] expanded productive power . . . and the whole educational system suffers from this fact. Industry, commerce, government, the arts, the sciences and the professions-indeed our whole way of life-depend heavily upon the quality of our education . . . The Ford Foundation [wants] to emphasize the cardinal importance of the college teacher to our society...
...winner of the 1954 race for the No. 1 spot in the auto industry was Chevrolet. So said R. L. Polk & Co., the industry statistician, last week. In 1954 automobile registrations, Chevrolet led Ford 1,417,453 cars...
...unfortunately chosen to write in bite-sized sentences of annoying simplicity. But if the book is as pre-digested as Gerber's baby-food, it presents some sobering facts about adult dreams: atomic autos, helicopters, and railroad trains. Men who contemplate their future autos probably give their atomic Ford the mental shape of a Thunderbird. Actually, as Woodbury points out, any atomic car would have to carry fifty tons of metal shielding, giving the auto the shape and price of a Stanley Steamer...
...Henry Ford 11, chairman of the board of trustees of the Foundation, said when making the grant, "Nowhere are the needs of the private colleges more apparent than in the matter of faculty salaries. Merely to restore professors' salaries to their 1939 purchasing power would require an average increase of at least 20 percent...