Education: The Greatest Way

One day last fortnight Dr. Robert Gordon Sproul, president of University of California, received a telephone call from his friend Mortimer Fleishhacker, a regent of the university and board chairman of the potent Anglo California National Bank of San Francisco. He had heard, said Fleishhacker, that an unnamed bank had offered Dr. Sproul a job. "Will you take the presidency of Anglo California," asked Mr. Fleishhacker, "at $50,000 a year?"

"Give me time to think it over," said Dr. Sproul.

Soon the whole campus and California's press knew that the personable, popular president of the world's biggest university* was seriously considering this offer....

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!