Page 10/The Battalion/Friday October 23, 1987
Space-grant
(Continued from page 1)
not only the nation but also private
industry.”
This designation would make it
easier for students and faculty to
work with people in NASA and
other national space agencies, Van
diver said.
“It will cut a lot of red tape and
open a lot of channels,” he said.
Ed Walraven, director of public
information at A&M, said the space-
grant program is patterned after the
federal acts that created the land-
and sea-grant programs.
A&M has been a land-grant insti
tution since its founding in 1876 and
was one of the first institutions to re-
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ceive sea-grant designation 20 years
ago, Walraven said.
“This school was primarily set up
as a land grant — to take research
and improve agriculture and engi
neering,” Walraven said. “The land-
grant concept led to the sea-grant
program. Now we’ve got the space
grant.”
Although there wasn’t such a
thing as a space grant in the past, he
said, A&M has been involved in
space-related research for about 25
years.
Vandiver said A&M has been in
terested in space research since the
1950s and heavily involved since
NASA first started.
The Space Research Center,
started three years ago, is one of the
programs that would benefit from a
space grant.
Oran Nicks, director of the cen
ter, said there now are 60 or 70 in
vestigators involved in the research
and about as many students. They
currently work with $3 million worth
of activities, ranging from gravitatio
nal and life support research to
space transportation studies, he said.
A&M recently was awarded a
NASA grant of $5 million, which
was money well spent, he said.
Nicks said if A&M becomes a
space-grant university, it will give
talented students a chance at re
search and help them gain more ad
vanced projects.
“The big plus is that the space
grant would produce a greater rec
ognition of the University’s space re
search and would draw more indus
tries here,” he said.
Although Jack Devore, Sen. Bent-
sen’s press secretary in Washington
D.C., said there is no talk of a veto,
Walraven said anything is possible.
“Congress has passed appropria
tions to set up space grants and to set
us up as a space-grant institution,”
he said.
“But just because the vote is
passed doesn’t mean the money will
make it here,” DeVore said. “That’s
the whole concept of checks and bal
ances of the American Constitution
— somebody could take the money
away as well as give it.
“But it’s a reality now — at least on
paper.”
Bank
(Continued from page 1)
bank will be responsible then for
receiving additional deposits.”
Rouse said a bidder’s meeting
was held earlier this week after
the OCC initiated an examination
of Western National Oct. 5. Only
one bid for the deposit base —
First State’s — was received, he
said.
First State will have the option
to purchase loans from Western
National as well, but terms are
pending examination of the pur
chase agreement and the failed
bank’s loan portfolio, Rouse said.
Although First State has i,
purc hased the bank building,i[l
purchase agreement would all
it to do so. he said.
“Typically, those agreemej
will include options where
mgs, turniture, fixtures,
tory can be purchased
agent bank,” Rouse said.
Western National received ;
national bank charter Nov,
1982. As of Sept. 30, it hadte
assets of about $19 million.
ern National’s failure was (
13rd this year in Texas
150th in the nation.
Vol. 81
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