Abstract
AMERICA IS SUPPORTING applied research on a grand scale. Industry does because it is good business and serves the national welfare; and Government does because it is essential to the national security. I am convinced that basic research, good higher education, and scholarly-creative work is just as essential to our welfare and security. A publication of the National Science Foundation reports that separately budgeted university research has grown from approximately $20 million in 1940 to $206 million in 1954. Of the support in 1954, 70% originated in the Federal Government (C&EN, May 20, 1957, page 26 and July 29, page 18). It is estimated that another $72 million was spent by universities on basic research in 1954, although this was not separately budgeted. Looking at this tenfold increase in separately budgeted university research, I suppose many people would say we are now supporting basic research in the universities on a grand scale. Perhaps we are, ...
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