Word: mellons
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...President Emeritus Nathan M. Pusey '28, who retired last June, will not be found at his New York office at the Mellon Foundation from Wednesday afternoon until Friday morning...
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...