Education: Capital Man

Dreaming of a great university in the nation's capital, George Washington bequeathed fifty shares in the Potomac (Canal) Co. for just that purpose. The shares turned out to be worthless, and The George Washington University has yet to fulfill its patron's capital dream. But last week George Washington, after an 18-month culling of 130 candidates, picked a new president who yearns to do the job. He is Thomas Henry Carroll II, 46, vice president of the Ford Foundation, and holder of one of the most impressive resumes ever scrutinized by a college board of trustees.

Economist Carroll comes of a pioneering California...

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