Document MGV5YBybNn3MRJjzekaBb4KX7

September 20, 1960 Mr. Ralph C. Bursiek Dean of University Administration University of Cincinnati Cincinnati 21, Ohio Dear Mr. Bursiek: In response to our telephone conversation, and also to the fairly urgent.needs of the situation in which we find ourselves with reference to starting the construction of our addition at-the earliest possible time, I am setting down the facts as to the sums of money actually pledged, and the prospects for-obtaining further piedges or actual contributions. I include the latter, despite the likelihood that the responsible officials of the University may not be at liberty to take these prospects seriously at this time as a basis for action, because I would like (as I am sure they do also) to proceed with all possible speed to have contracts entered into and the work started. There has been a long delay in the preparatory steps for a variety of reasons which seen to have been unavoidable, and I should not like to prolong the delay one day more than is necessary. At the same time, I am fully aware, I believe,of the difference between money in hand and in prospect. The sums now pledged, some under conditions that can certainly be met, amount to $530,000.00, in the individual sums itemized below: Hamilton County Ethyl Corporation An anonymous donor Procter St Gamble Company Monsanto Chemical Company California Research Corp. $2 0 0 ,0 0 0 .0 0 175.000. 100. 000. 50.000. 25.000. 10. 000. 00 00 00 00 00 An additional sum in our Educational Fund which has been or is now available for use at my discretion. Part of this has been transferred to the Building Fund, and the remainder can be so dealt with at any time. The entire sum, -including the amount (or amounts) transferred to the Building Fund is........ ............................... $29,700.00 (approx) The total sum of money at hand or assured, is..........589,700.00 (approx) Leaving to be obtained........................ ....... .874,700.00* Includes all bids, architects' fees, regular and extra, cost of water and electrical facilities, and furniture, fixtures and equipment ($100,000.00). It is- not -necessary to include the cost of furniture, fixtures and equipment in the program for which contracts1are- to be entered into at this time. N9872 \ Mr. Ralph C. Bursiek 2 September 20, 1960 j < The following industrial organizations have been acquainted in some detail with our plans and expectations, have expressed themselves as being prepared to contribute, and are waiting to take official action until they can consult among themselves (formal action by their Board of Directors) or until I can meet with their official representatives with the complete account of our needs. Certain of these companies have asked me to indicate what 1 believe to be their share of the. anticipated cost. The composite sum available from these sources, and simply waiting, to be decided-upon can hardly be less than $285,000.00 in amounts itemized below: - . .1. duPont de Nemours and Company Ford Motor Company (through one of its foun dations) Kaiser Aluminum and Chemical Company, and ) Kaiser Steel Company -Jointly. ..) Shell Chemical: Company _ ,, Velsicol Chemical Corporation Owens-Corning Fiberglas Corporation . - $75,000.00* 50,000.00* 50.000. 50.000. 35.000. 25.000. 00 00 00 00 * ultraconservative estimates,.may be., larger.. In addition a number of interested companies, as listed below, have been advised generally of our plans and have indicated their intention of being included without any reference;to the actual size of their contributions until such time as a specific proposal should be made to them on the basis of the amount of money required, the contributions of others, and the general scheme of the allocation: United States Steel Company Aluminum Company of America . Reynolds Metals Company International Business Machine Eastman Kodak Company Standard Oil Company of Indiana Standard Oil Company of New Jersey Kopper*s Company Allis-Chalmers The composite sum estimated on reasonable and not over optimistic grounds from these Companies comqs to about.$230,000.00. It may be of some importance, in considering the validity of my estimates,- to know that X have not failed yet to find those with whom we have been working responsive to ray suggestions, even to the sums to be contributed, ,4b.example.of.this is a relatively new found sponsor of the Laboratory, California Research Corporation, which preferred to contribute "to the work of.^hs Labofatpry" in two or more installments in successive years. The first installment of $10,000.00 has been received, to be used at our discretion, for the promotion of any part of our activities. As I indicated in my confidential letter of July 15, there are additional sums to be obtained by the solicitation of other industrial organizations. I list these with certain highly significant additions which have come to f Mr. Italph C. Bursiek 3 > September 20, 1960 light through preliminary .interviews a.t the last of the July meeting of the Thirteenth International Congress on Occupational Health in New York City.' The total suras that can be obtained from these sources cannot be estimated realistically at this time. There is little room for doubt in my mind, however, that,the balance of our needs can be met within the next six or eight months: . Pure Oil Company ` Jones and laughlin Steel Corporation Hercules Powder Company Champion Paper and F l t w Owens-Illinois Glass Company Barrett Division of Allied Chemical and Dye National Distillers General Electric Company American Steel and Wire Company The Texas Company Wyandotte Chemical Corporation Pittsburgh Coal and Coke Company Minnesota Mining and Manufacturing Company Carrier Corporation Two of the larger Telephone Companies Toms River Chemical Company Equitable Life Assurance Company Metropolitian Life Insurance Company I think I should point out the reasons for the delay in my approach to certain of these organizations, and the tentative character of my approach to others, as well as my failure to obtain written pledges of funds or actual contributions. Since two years have elapsed since the initiation of my efforts along this line, it might appear that I have not been sufficiently diligent, or that I have met obstacles of a serious nature. The facts are not such as to justify much concern along these lines. I had to deal, a.t first, with an uncertain economic situation. My friends in industry advised me to wait until this was resolved, and by the end of 1959 this had come about. I was then presented with a very considerable problem as to the actual cost of the enterprise, and this problem was made more difficult by the necessity of altering the initial plans and of reorienting the new wing in relation to the existing jirueture. Only with the receipt of bids was I abie to determine with a reasonable degree of certainty what funds had actually to be obtained. These bids provided me not only with the size of the task to be accomplished, but the composite of all the bids is at least $400,000.00 less than I was led to expect, and I am in no doubt as to the outcome of my efforts. On the other hand, I found that I could do literally nothing toward the finalizing of contributions of funds in August because of the numbers of responsible people who were on vacation at that time. The way is now clear to complete certain negotiations, but time will bo required for this, since I cannot press busy and responsible people into prompt and formal compliance with our wishes and purposes. It would be most unfortunate, in my view, if we were to fail to take advantage of the bids now at hand. It is most Mr. Ralph C. Bursiek \ 4 - September 20, 1960 f unlikely that they could be reassembled at reduced or even equivalent prices. Consequently I feel it necessary to know, at the earliest possible time, just what I can and should do to satisfy the responsible authorities of the University that contracts can be entered into without any departure from necessary policies, and without undue risk. If I were in position to do so I would guarantee the provision of funds on my own responsibility. Failing to be able to assume this in on appropriate manner, I am prepared to carry out any alternative requirement that is within my power. t ! , ..... ,.. Sincerely yours', RAK:ss Robert A. Kehoe, 1.1. D. j Ii