Calcutta Diary

Calcutta Diary A M THIS could be an apocrypha, or could as well be what passes as a 'true story. In the lush middle 1960s, when the American foundations were rolling in money, academics could demand, and fetch, a very high price in the United States for indulging themselves in the luxury of research projects. Unless the foundations could deplete the funds fast enough, there could not be any replenishments from the industrial and business houses; the spectre of corroding taxation would then loom large over them. So, for dear life, the foundations had to be cajoled and coaxed into spending the funds, and the prima donnas in the universities and other institutions of learning had to be humoured into accepting proposals