Word: olney
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Dates: during 1970-1979
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...Olney says in the case of Japan "the timing was just right," before the energy crunch and the world-wide inflation that followed. But, he says, "if General Motors had come forward first it would have been fine--but they didn't." And now it is up to his office and the Council for East Asian Studies to convince American industries to give to what Japanese industries funded so quickly...
...Peterson and his team of fund-raisers in special projects, including William S. Olney '46, director of special projects, and Morrison L. Edwards '69, development manager of the program for Harvard and East Asia, to come up with the rest of the estimated $15 million for a Japan Institute. Actually, Peterson has always had his hand in Japanese fund-raising, as well as all of Harvard's other national and international fund-raising, since he took office in the spring of 1972. He says it is his job to "know where the other hand is going," to insure that nobody...
Instead, within the last few months, he has inaugurated, quietly, a program designed to tap a resource that Olney says has "never been asked" as long as Harvard has been fund-raising--American corporations dealing with the nation being studied. Olney says that Japanese industries have shown such good faith in donating to help study Japan that it "is only appropriate that we seek funds of U.S. corporations" that deal with Japan...
...There is a concerted effort right now to make plans to interest the private sector," Olney says. Already, in the three months since the shift has taken place in East Asian development, he has heard from IBM and Exxon, which he says may be willing to contribute to the institute...
...question of initiation on the part of the Japanese corporations," Olney says of the beginning of corporation gifts to Harvard. "They saw the opportunities before American corporations." The industries were particularly responsive, Olney says, to Reischauer's speeches about mutual understanding and the need for corporations to establish a greater awareness about the countries with which they do business...