Word: money
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Dates: during 1960-1969
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...other times, their reasons are sharp and to the point. Dean Glimp has said, "A private university like Harvard just cannot afford to decentralize the decision-making structure." And Dean Trottenberg told students who wanted seating, "The people who give money to Harvard seem to be quite pleased with the way the school is run right now. Will you be able to run it as effectively...
Administrators say they have little control over how our $1 billion endowent is spent. They claim that most of the funds are "tied"--the term applied to a money gift when it stipulates a specific expenditure. Actually, Harvard's University Fund, which holds all the untied money, compises almost one-third of the total endowment. Last year, more than $25 million of the total $130 million which Harvard received in gifts was untied. So administrators have ample funds to use at their own discretion...
...example, the administration announced last year that the Faculty of Arts and Sciences had fallen into the "red." What that meant, really, was that the Faculty had spent more than the planners had decided it deserved. They had decided that the University's money could be better used elsewhere--like for the underpass, which cost $2 million...
...latter's proposals are prepared by the team of "experts" in Massachusetts Hall known as the administrators. Of course, the administration cannot make decisions contrary to the interests of the wealthy businessmen who compose the Corporation. So their decisions must allow Harvard to make an ever increasing amount of money above cost. This means Harvard must present a "good image," and, ultimately, that student activity must be kept in line with what is acceptable to that particularly conservative element of society
...coalition is needed to deal with issues more subtle than an end to the Vietnam war and domestic poverty. Solutions to the war and poverty are elusive, but similar problems have been resolved before. Vietnam requires the decision to get out; economic integration of blacks requires enough "money, spent with good sense...