Education: Japanese Bonanza

Some of Japan's corporate executives are amused at the way they keep running into each other these days. They meet at fund-raising luncheons where their unlikely hosts are a succession of scholars and officials from American universities. Harvard's Far Eastern Specialist Edwin O. Reischauer (Beyond Vietnam: The United States and Asia) was back in Japan recently for the third time in five months, "to thank them for what they have done and to ask them for more."

What the Japanese have done is shower money, in sums of $1,000,000 or more, on a handful of U.S. universities that offer at least...

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