Raw Material: School Students
As every school student knows，the important raw materials of industry are coal，oil and iron. But，as every businessman knows，the most importation raw material of fall if the school students who，as a trained college graduate，will run the U.S. industry of the future. Today U.S. industry is faced with a tight shrinkage of such manpower，it needs not only more but better trained collage graduated.
To help get them，many a businessman believes that corporations must provide much of the cash needed by college to expand their facilities and improve their teaching. And work more closely with colleges in business needs. As Robert R. Young pointed out at a White Sulphur Springs conference of businessmen and education，industry and educating have a clear mutuality of interest.
Businessmen and educators have not always recognized this，while there are a few businessmen who still regard college professors as fuzzy-minded like to be radical，and d few educators who still look on businessmen as mere money-grabbers，the mutual distrust has generally disappeared in the mutual need. The rapidly expanding U.S. economy has made college graduates more important than ever to industry. In turn，universities must depend increasingly on corporation for contributions，since high taxes have all but cut off the flow of the big individual contribution that build the private school.
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