Word: millions
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Dates: during 1960-1969
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When Dean Ford released his annual Faculty budget report last month, the figures told a familiar story. Although the Faculty finished the 1968-69 year with a small over-all profit, Ford warned that a harder financial year was ahead, with a predicted deficit of nearly $1.9 million in the 1969-70 budget...
Last Fall, for example, Ford predicted a mammoth $2.4 million deficit...
Both income and expenses will be up this year, but expenses may rise by about twice as much as income. Ford predicts total expenses of $40.7 million this year-more than twice the figure ten years ago and an 11 per cent rise over last year's $36.9 million...
...largest chunk of the expense rise is in salaries for Corporation appointees. The $1.6 million rise-from $13.9 million last year to $15.5 million this year-comes both from increased pay rates and a larger teaching staff...
...found out that I can subpoena them and make them appear before us. A few years ago the Harvard Corporation promised one quarter of a million dollars for a boys' club center. Now they say they don't know anything about it, but we're going to make them keep their promise, and we're going to make them testify before the Council...