Word: mellons
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Dates: during 1970-1979
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Harvard has acquired about 683,000 (0.3 per cent of outstanding shares) of Gulf Oil Company stock over the last 25 years, largely as gifts and principally from the Mellon family. The present market value of Harvard's holdings is about $18.5 million. In refusing to divest itself of this blatant tie to Gulf, Harvard thus has chosen to support Gulf's continued involvement in Angola. The position of the Harvard Corporation is thoroughly supportive to the distorted rationalization that Gulf issues to justify its involvement in Angola. Harvard intends to help bring about Gulf's further entrenchment in Angola...
...unique sparkle of the transparent wash. One forgets what the medium could do. Last week the Pierpont Morgan Library produced a salutary reminder, in the form of a show called "English Drawings and Watercolors, 1550-1850." The 150 items are drawn from the collection of Mr. and Mrs. Paul Mellon, and they are nearly all of staggering quality...
...that the present sluggishness in campus hiring may mean trouble for their companies in the future. "We will find out ten years from now that there is no one to fill the managerial ranks," predicts Monroe Sadler, Du Font's development chief. Dennis Ryan, placement director of Carnegie-Mellon University in Pittsburgh, adds: "The recruitment people know that this will create an air bubble in the pipeline five or ten years from now. But the personnel manager cannot get that message upstairs...
Pusey, who is leaving Harvard two years before the mandatory retirementage because of a severe loss of confidence by students, faculty, and administrators in his ability to govern the University effectively, will head the Andrew W. Mellon Foundation in New York...
...hardhats digging up the earth next to Washington's National Gallery of Art last week were Chief Justice Warren Burger and Philanthropist Paul Mellon, who is giving the Government a new $45 million annex to the gallery. Burger's ceremonial spadework was the more convincing-perhaps because of his youthful days as a day laborer working on the Robert Street bridge, which spans the Mississippi. That job also helped develop his judicial prudence. The contractor, he recalls, told him to use three bags less cement in the concrete when the inspectors were not looking. "I used the full...