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ANNUAL PRIZES TO SCIENTISTS

Ford Company Sets Up New Fund

(Rec. 9 p.m.) DETROIT, Aug. 8. The Ford Motor Company has decided to establish a 1.000,000 dollar (about £362.750) fund to pay prizes to scientists who contribute the most each year to peaceful atomic uses, it was announced today.

The company said it was setting up the fund in response to President Eisenhower’s expressed hope that private business and professional men throughout the world would provide an incentive in finding new ways for atomic science to be used for the benefit of mankind and not for destruction. The company said it wanted an international jury to pick an individual or group each year which had made the greatest contribution to peaceful uses of the atom. The winner would receive a 75.000 dollars (about £27.208) honorarium and a medal. If no-one was considered to merit the award in any year the company said the money would be used for scholarships and fellowships “most likely to contribute to the advancement of the new science of peaceful application of atomic energy.”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19550810.2.119

Bibliographic details

Press, Volume XCII, Issue 27733, 10 August 1955, Page 13

Word Count
178

ANNUAL PRIZES TO SCIENTISTS Press, Volume XCII, Issue 27733, 10 August 1955, Page 13

ANNUAL PRIZES TO SCIENTISTS Press, Volume XCII, Issue 27733, 10 August 1955, Page 13