Word: present
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Dates: during 1940-1949
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Monro became president of the new daily, called the Journal, which included on its masthead such present greats in the editorial world as E. J. Kahn '37 of the New Yorker and Joseph J. Thorndike, Jr. '34 managing editor of Life. Despite a brave start, the paper was forced out of business after a few weeks by debts and the difficulties of competition with an established monopoly...
Whatever happens, his present surpassing skill at "being useful" is the main reason why the average veteran at Harvard never had it so good...
Provost Buck's announcement last night should come as no real surprise to anybody who has kept himself informed of the University's financial theories and present status. The Corporation has followed a rare policy in insisting that all faculties balance their own budgets without help from other sections of the University, and on the two occasions in the past when a deficit existed in the Faculty of Arts and Sciences, drastic steps were taken: a ten percent expenses cut in 1940 and a tuition raise last year...
...term average of 7100 students in the College and the Graduate School of Arts and Sciences, the total revenue from tuition and fees will be about $3,700,000. Next year, with an estimated enrollment in these schools of 6250, a drop of about $200,000 at present rates would occur; and in 1950-51, when the College is down to 4300, a further cutback would be in prospect. In addition, nationwide inflation and continuing commitments for permanent Faculty salaries and other educational projects have increased the financial pressure...
Buck has stated that with a tuition rise, he will be able to channel all further gifts and endowments into new projects. At present, there are committees on scholarships and on advising working towards reports which should propose important changes in Harvard procedure. There is the matter of rents--with the additional money next year, there seems little reason for any rise in overall room rates. More money now should also be enough of a booster to prevent deterioration in instruction which has made a diploma from many colleges farcical since...