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...Finley, 86, the soft-spoken South Carolina lawyer who was the planner and first director (1938-1956) of the National Gallery of Art in Washington, D.C.; at his home in Georgetown. The idea, the money-and the first great collection for the gallery-came from Steel Magnate Andrew W. Mellon, who as Secretary of the Treasury in 1927 and later as Ambassador to Great Britain had taken on Finley as his most trusted associate. The enormous marble museum opened in 1941, and Finley persuaded other great collectors, notably Samuel Kress, Lessing Rosenwald and Peter and Joseph Widener, to contribute their...

Author: /time Magazine | Title: Milestones, Feb. 14, 1977 | 2/14/1977 | See Source »

...manner of the Miss America contest, the runners-up were then announced-Carnegie-Mellon and Northwestern. And the winner? Cornell. Much cheering and drinking of toasts. Gary Orosy's idea had been a winner -almost. He did not get a job offer...

Author: /time Magazine | Title: Education: Tourney of Young Tycoons | 1/31/1977 | See Source »

...other business schools had higher reputations than theirs. Thus the great idea: Why not invite the others to Ithaca to compete? According to a survey in M.B.A. magazine, business school deans ranked the top nine in employment value as Harvard, Stanford, Chicago, Wharton School of Finance, Michigan, M.I.T., Carnegie-Mellon, Northwestern and Dartmouth (Cornell tied for 14th). Harvard loftily declined to compete, and Stanford said Ithaca was too far away, but the others all agreed to send four-member teams...

Author: /time Magazine | Title: Education: Tourney of Young Tycoons | 1/31/1977 | See Source »

...contest used the "case method" pioneered at Harvard-that is, the examination and solution of specific problems like that of Publisher Ginn-several of the schools favor other systems. Chicago is known as a "theory" school where students learn general concepts, then apply them to specific cases. Carnegie-Mellon and M.I.T. are strong in statistics and math; their students could "crunch the numbers." Wharton is reputed to produce hard-nosed decision makers-bottom-line types. Cornell, which uses a combination of the case-study and theory methods, was clearly the underdog. Said Team Member Dick Tushingham: "If we are simply...

Author: /time Magazine | Title: Education: Tourney of Young Tycoons | 1/31/1977 | See Source »

...cutting taxes and other pump-priming measures next year. "He faces a terrible temptation to heat things up," says Thomas Ayers, the chairman of Chicago's Commonwealth Edison. "I hope he chooses a moderate course." Declares Norman Robertson, senior vice president and chief economist of Pittsburgh's Mellon Bank: "If he should try to adopt the Humphrey-Hawkins bill [which calls for heavy spending on public-service employment] or something like it, trying to reach a predetermined level of unemployment too quickly, this could seriously worsen inflation. One wonders what restraint can there be on a liberal Congress...

Author: /time Magazine | Title: POLICY: Taking Stock of the New President | 11/22/1976 | See Source »

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