Record Of The Hampden Sydney Alumni Association V 36 No 3 April 1962 PDF Download

Excerpt from The Record of the Hampden-Sydney Alumni Association, Vol. 29: April, 1955 For some years large manufacturing concerns have appreciated the fine work that colleges, particularly the small independent colleges, are doing, and have realized further that many of these institutions, with increased costs of operation, are finding the going hard. Gifts of considerable sums have come from the Rockefeller Gen eral Education Board, and from other large corporations. The gift of the Ford Foundation is to be used to in crease professors' salaries with the condition, however, that the institution raise additional sums from other sources. The Ford Foundation appreciates the fact that unless adequate salaries are paid, good professors cannot be obtained and if secured cannot be retained; and as a corollary, unless a college has good teachers, its product cannot be expected to be of the first order. These large corporations are not motivated wholly by philanthropy. They have learned that these private institutions are reservoirs from which they can obtain some of their best business executives. 7c are familiar here at hampden-sydne'y with the representatives from large business concerns coming each year to interview students who are about to graduate. One cannot overestimate the value of the physical plant, its laboratories, and physical equipment generally, but with all of these, unless capable and well qualified teachers are provided, little is being achieved. It is particularly pleasing, therefore, that the Ford Foundation has allocated the fund to be used in raising the salaries of professors. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.