The gamecock. (Columbia, S.C.) 1908-2006, July 18, 1984, Image 1

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? _ # 4 South >Caro 1 inianaaLibrary Horseshoe 5 ** 1 Tl" Gamecock Founded 1908 Volume 77, No. 6 University of South Carolina July 18, 1984 Reagan visit highlights ( Caribbean le \ * ^ \ Y f '' jl Caribbean leaders arrive Above, USC President James Holderman grei president of the Dominican Republic Salvat Jorge Blanco at a Southern barbeque last nig Right, Prime Minister Don Martina of t Netherlands-Antilles is welcomed by university ficials at the Columbia Metropolitan Airport yest Hnu aftornnnn L I - Ptmtos Carolina Ventur By Hal Hewell The Carolina Venture Fund, established last year to stimulate research and scnoiariy activity, has moved from the auspices of the USC Educational Foundation to the Carolina Research and Development Foun; dation, and doubled the money available next year to $100,000, according to Chris viahnnlns. I JSC senior vice president. "We started with the USC Educational Foundation, with $50,000. It was such a successful program, we determined we wanted to put more money into it. Making that determination, we wanted to move it to the R and D foundation to do it." Vlahoplus said Carolina Research and Development Foundation had historically been concerned with real estate acquisition to assist in USC's growth. With the development of the Carolina Venture Fund, the foundation is moving more into the support of research and development. "About two years ago, it was determined that the research and development founda * ? rAl? r*f an tion move into ine more uaumuim. . R-and D foundation on campus, and that is to support research and development. The conference aders discuss \ \ * H < \ \ * - \ II - i ^ 4,1 r * fM"' i 1 i J : 1 ^ * X 1 % ^ w v^yP r V ' ,x' e r - || e Fund growinc bylaws were changed and now it is beginning to shed its real estate responsibilities." THE FOUNDATION has sold two of its major Columbia properties: the Woodland Teirace Apartments on Beltline and the Senate Plaza apartment building. The Research and Development Foundation is also working on the Wheeler Hill project located off Pickens Street near the USC water tower. The area is being developed in partnership with the city of Columbia, according to Vlahoplus. The monies from the sales of these properties will be endowed, and the earnings from the endowments will be used to support a variety of projects at USC, he said. According to "Times 9," a USC publica* - r _ tion, any full-time tenured tracK proiessui is eligible to apply for a grant, and although there are no prior limitations on the amount or length of funding, "the awards are designed as seed money to nuture scholarly activities... that conceivably be expanded to tap larger funding sources." "We now use the R and D foundation for 1 roinar/'K omnk tllJlf fOITlP it IIU11IUCI Ul ^livaiv. ivjviiiv.. to our faulty, and moreover, we began to complex issu " ~ Marisa Porto The Caribbean 15 nations gat her< .^' Pine wncn so many ne mn| ?ur country," sai USC President |Sn?w| being set up by th #"* InHp role in deterrninir E^ JwWiBB "THE THREE ; format, but serioi r--n leaders will discu: ^ ^e region, as well nations," Holder gj| USC is involve( aquaculturc, tou nHHHi business administ control. "Faculty and V bound to the stat ^ linked to evo \ <?\ v developments ii Holderman said \ %x , ' The conferen minister of Angi tigua and Barbu M PPSPSW Barbados; Cyri "'mSMBP '^^ k Islands; Euger lllllly* Salvadore J or; JHBL Republic; Nich a council and hea Domenica Marl tilles; Carlos Qu Compton prime chief minister o governor of the attend. Holderman w: morning, durinj statements. Working sess Capstone, folio for the leaders, 1 Former Sout Caribbean leacW the Carolina C< j source of res allocate some of our own funds to these purposes," said Vlahoplus. "THERE IS a duly constituted faculty committee appointed by the provost, and " ?"~ onH th^n that committee scicc::* mc icquwu, ?..? makes recommendations to the provost." Vlahoplus, executive director ot the j research and development foundation, said fund-raising methods began to change as the foundation steered toward a more classic role. While real estate has been a very successful means of raising funds in the past, and continues today, the board is turning more to cor? f/vr fiin/4?nn pui(lliuil.> IUI luiiumg. "It initially came from real estate ventures. Lately, they've been coming from activities involving grants and contracts from private industry. They put grant and contract money into the foundation to support research on behalf of faculty," said Vlahoplus, who is also executive director of the education foundation. "This is a demonstration of cooperation fnnnital i/"iric It akn flOlllOnSt TatCS (lllllJllg UUI IVUIIUHIIVIIJ. ??...? ? that what began as an innovation with the es of area conference began late yesterday as leaders of i id at a barbeque and fireworks celebration at conference will be the first meeting of its Jnited States. portunity that this many heads of Caribbean ible in the United States, and 1 think that the , and I would trust, some Democrats too, e United States to be properly represented ads of state from such a vital region are in d White House spokesman L&rry Speakes. James Holderman said the conference is e Caribbean leaders, who have the principal ig the agenda. -DAY meeting will be informal in style and us in purpose and content as the Caribbean ss political, economic and security issues in as relations with the United States and other , man said. i in several ioint ventures with Caribbean na- 1 ities, particularly in areas of marine science, irism development, public administration, ration, public health and vector born disease administrators see the university's future e of South Carolina's, and both are integrally ' A ? 1 ?nr*/4 IVing AMIlCllCilll UIVUIVCIIIC1II auu uiuvi i an increasingly interdependent world," ce leaders will include Emile Gumbs, chief lilla; Lester Bird, deputy prime minster of Anida; Louis Tull, minister of foreign affairs for I Romney, chief minister of the British Virgin lia Charles, prime minister of Dominica; ge Blanco, president of the Dominican olas Brathwaite, chairman of the advisory ,d of the interim government for Grenada. IE Charles, ambassador to the united iNanons ward Seaga, prime minLitf of Jamaica; tina, minister-president of Netherlands Anliros, secretary of state Puerto Rico; Kennedy ne minister of St. Christopher-Nevis; John : minister of St. Lucia; Norman Saunders, r nr" 1 J Tolnrt/^C art/^ V11Q n I I1IC I 1 UTKS ell IU Cdltua uiaiiuo auu juuh ^" "1 U.S. Virgin Islands. Cuba was not invited to i" -i--:- nnpnino mppfin?> fhis Ill CI let 11 lilt tUUIWlVllVV D 5 which the leaders will make their opening lions will continue throughout the day at wed by a reception at the President's House U.S. officials and the USC Board of Trustees, h Carolina Governor Robert McNair and jrs will speak tomorrow at a dinner held at Dliseum. _ . ? 0 See Conference, page 3. oarnh Qiinnnrt U U I U1 I u w I fc education foundation, now becomes a permanent part of the research and development foundation. We will continue to fund this in the years ahead, and hopefully in larger and larger amounts." ! "jZTZTAZ 1 iiiaiuc Classified 8 Entertainment 5 Onininn 4 Sports 7 "Herbie Rides Again." Talented and Gifted students enjoy the Biology department at USC 3 Up and Rollin'. USC's theatre department offers several entertaining playr? this summer, including "The Dresser" and "The 1 Miser." 5 Bell takes his toll. Former USC football coach Richard Bell wins his lawsuit against USC 7