Word: rurals
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Dates: during 1960-1969
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What Monro saw in the forms Glimp submitted he can't really explain; it must have been more than Glimp's being rural and mid-Western, though that was something Harvard wanted. For whatever reason, he put the folder aside and read it again--and again. Then, with some misgivings, he recommended that the College accept the man who would 20 years later succeed him as its Dean...
...acquainted with Harvard's own summary of its admissions policy: roughly 15 per cent of every entering class are "really brilliant students who appear to possess sound character and personality"; the rest, given adequate academic ability, are accepted on the basis of an incredible variety of factors ranging from "rural or small-town background" to "concern for the public good...
...their own conception of "what Harvard wants." And that conception may stay fixed while Harvard's actual wants--the kinds of students the dean of admissions and his staff hope to recruit--change a great deal. The dean may be hoping to bring in, for example, more small-town, rural students or Negroes; the alumni in Montana or New Jersey may be concentrating on the high schools that have produced most Harvard men in the past...
...applies only to the first $5,000,000 of a bank's total time deposits; anything over that remains under the stiff 6% reserve requirement imposed during last summer's credit squeeze. This partial easing will free an additional $850 million for lending, mostly in 5,945 rural and small-city banks. Bankers can already lend about $7 for every $1 they have in reserves, and this "multiplier effect" will therefore allow the newly liberated $850 million to ripple through the economy as a $6 billion credit stimulus...
...sidestep revolution, building a new nation, promoting world peace--these are large achievements. Few activities of the Peace Corps seem to merit such grandiose description. In the Dominican Republic, volunteers in urban-development projects are organizing neighborhood clinics or helping to obtain piped water for a barrio; those in rural-community development are setting up agrarian leagues and advising on local school construction...