Ransom Center Acquires Watergate Papers
In April, The University of Texas at Austin acquired the Bob Woodward and Carl Bernstein Watergate archive for $5 million. Financed entirely by individual and foundation gifts dedicated to this purpose, the archive's records, notebooks, drafts, and papers will be housed at the Ransom Center.
"This collection traces a brilliant narrative of one of the defining events in American politics," said Thomas F. Staley, director of the Center. "With this acquisition, students, legal scholars, historians, journalists and the public will have the opportunity to look at Watergate from a unique vantage point."
In conjunction with the acquisition, Woodward and Bernstein will establish an endowment to facilitate the understanding of this pivotal event and its role in American political history. Additionally, both will participate in a series of symposia, public lectures and educational programs to take place during the endowment's first several years.
"From an early moment, Bernstein, Woodward, and their advisor in this matter, Glenn Horowitz of New York, judged that the Ransom Center was an especially well-chosen institution for this archive," said Dr. Larry Faulkner, president of The University of Texas at Austin. "Its international recognition as a research library, its superior conservation abilities, its accessibility to the public, and the eminence of its director were all priorities for housing their combined papers."
The first portion of the Watergate archive arrived at the Ransom Center in July. It is estimated that it will take a year to process the collection before it can be made available to the public.
The acquisition of the Woodward-Bernstein archive is being entirely supported through private gifts.
Contributions from the following individuals, foundations and business are deeply appreciated.
The Hobby Foundation
The Knight Foundation
The RGK Foundation
The Meadows Foundation
Fulbright & Jaworski
Lynn T. and Russell E. Dealey
Lee and Joe Jamail
Audre and Bernard Rapoport
Judy and Charles Tate