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News Release (February 12, 1964)


Material Information

News Release (February 12, 1964)
Alternate Title:
New College News Release, For Release: Wednesday, February 12, 1964
Physical Description:
New College of Florida
New College of Florida
Place of Publication:
Sarasota, Fla.
Creation Date:
February 12, 1964


Subjects / Keywords:
History -- New College (Sarasota, Fla.)
Planning -- New College (Sarasota, Fla.)
Records and correspondence -- New College (Sarasota, Fla.)
government publication (state, provincial, terriorial, dependent)   ( marcgt )
News release
Spatial Coverage:
United States -- Florida -- Sarasota


General Note:
Two page news release.
Source of Description:
This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida Libraries, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

Record Information

Source Institution:
New College of Florida
Holding Location:
New College of Florida
Rights Management:
Before photographing or publishing quotations or excerpts from any materials, permission must be obtained from the New College Archives, and the holder of the copyright, if not New College of Florida.
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FOR RELEASE: WEDNESDAY I FEBRUARY 12 I 1964 NEW COLLEGE, SARASOTA, FLORIDA FURMAN C. ARTHUR INFORMATION International Business Machines Corporation, largest manufacturer in its field and one of America's industrial leaders in the support of quality education, today made a gift to New College of $10,000. New College President Dr. George F. Baughman said that the gift was presented by IBM Board Chairman Thomas J. Watson Jr. with the notation "you may be assured we will follow the development of your institution with interest." The company's retired executive vice president Louis H. LaMotte, who is still chairman of the IBM Executive and Finance Committee, accepted membership on the New College Board of Trustees in 1962. Dr. Baughman said the gift marks the spirit of private enterprise aiding private education. "New College has maintained from its inception that much of its support must come from those firms and individuals that are privately oriented. International Business Machines, with its thousands of individual stockholders and long-standing record of fostering advances in education, represents the finest tradition of this American system." He said that IBM had maintained an interest in New College for some time. In January, 1962, a special team of IBM experts doing research on new uses of electronics in education, visited the campus. (more)


NEW COLLEGE -2 IBM Story In making the gift, Mr. Watson said that he had heard of the "progress you are making in establishing New College." Dr. Baughman said: "New College provides both the opportunity for support and for participation by industry. Their support will make it possible to build the quality institution which will turn out students who will be useful in positions of responsibility in American business. They also will provide an institution which will cooperate in many ways with business and industrial firms in the process of educating young men and women." He said he hoped that research and development firms will locate near New College in order to work closely with the faculty. Others may send experts to the campus to lecture students and to consult with research people. 11The street between campus and corporation has become increasingly well-traveled in recent years,11 said the president, 11and New College sees this trend as of benefit to both parties. We will be active in this area." ##

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