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Massachusetts Institute of Technology has raised $16,000,000 for an enlarged physical plant, Marshall Daiton, Fund raising Chairman announced at a recent dinner.
Another speaker, President Killian stressed M.I.T.'s role in providing scientists and technicians who, he says, contribute greatly toward peacetime economy even when the United States is rearming. He also said that research and the fast obsolescene of scientific equipment were the main causes of then high costs ina operating a scientific university.
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