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....
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