As every schoolboy knows,the important raw materials of industry are coal, oil and iron.(1)_______________________.Today the U.S. industry is faced with a tight shrinkage of such manpower.It needs not only more but better trained college graduates.To help get them,many a businessman believes that corporations must provide much of the cash needed by colleges to expand their facilities and improve their teaching,and work more closely with colleges on business’s needs.Thus, industry and education have a clear mutuality of interests.Businessmen and educators have not always recognized this.(2)_______________________,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 corporations for contributions,since high taxes have all but cut off the flow of the big individual contributions that built the private school.