← Everybody’s Business (1) | Everybody’s Business (3) →
Index Entry
Everybody’s Business:
"problem is that long, long indebtedness where you can’t even meet the debt service; where we have been continually underwriting the old rather than tackling the new.
"I really am hopeful that this meeting will be paying considerable attention to what are the kinds of technical team of builders that we will find available as emergencies increase.
“I’ve just been at a meeting in Albuquerque. I was asked by M.I.T. if I would come to an intercollegiate meeting of solutions of energy-harvesting problems. Engineering students from 30 universities were granted $5,000 each to grant their producing technically-equivalent, new windmills, new methane gas, Sun-energy converters, and so forth. Scientists and engineers went over the work of each of the different student groups. They had to have the apparatus run for 24 hours to prove that it really works. They were all rated for BTUs and KWH that they could turn out. And what was really important was that I could see the whole academic world, the engineering world returning to doing what just the individuals had been doing, the individual windmills, and so forth.”
