?Big Balanced Budget
The U.S. Olympic Committee sighted its financial goal of $1,500,000 in contributions, provided outstanding pledges are made good. The total included the largest gift ever made to the Olympic Fund: $132,000 from the Gillette Co., which contributed a dime for every razor it sold in July and August.
The Brooklyn Dodgers underscored their determination to have a new stadium by selling Ebbets Field for the site of a future housing development—with the understanding that they can lease it for five years, at a higher rental for the fourth and fifth years than for the first three.
Sugar Bowl officials, curbed a bit in their reach by the Louisiana segregation law, are talking hopefully of attracting a service school like Navy for the New Year's Day game. But on the more practical side they are scanning such Southern schools as Georgia Tech, Tennessee, Texas A&M and Baylor.
?Make the Omelet But Don't Break the Eggs
University of Iowa spokesmen indicated that one point of the Big Ten's proposed athletic code revision doesn't suit them: keying scholarship help to the degree of financial need. Iowa, squeezed geographically between Big Ten and Big Seven regions, felt this would give Big Seven schools a recruiting edge.