Word: mellons
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Dates: during 1970-1979
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...Divinity School has established a $750,000 fund to help support faculty salaries as a result of a grant from the Andrew W. Mellon Foundation...
...Mellon Foundation is chaired by Former Harvard President Nathan M. Pusey '28. President Bok said yesterday that Pusey had spoken in favor of the grant to the Divinity School because he "recognizes from experience the particular difficulties in raising funds for the Divinity School...
...elected as Mellon Foundation president in 1970, following his resignation after 17 years as Harvard president...
...Mellon Foundation awards grants in education, the arts, medicine and other fields...
...uneven the benefits of economic organization are. Moreover, "the 200 largest business corporations also control two-thirds of all of the manufacturing assets in the U.S.," making them "each giant fiefdoms" and giving them disproportionate economic and political power. The real enemies, though, are those families--like the Mellons, who have substantial holding in ALCOA, the Mellon National Bank. Gulf and First Boston Corporation, and the Rockefellers, who seem to be to the American economy what a chain is to a bicycle--that own so much concentrated wealth in core industries that they make the Privy Council under George...