Non-Federal Institutions 



metropolitan areas. Local community colleges can be participants in the 

 Sea Grant Act. The role of local communities is expanding as the Nation 

 becomes increasingly concerned with the problems of the cities. 



Many of these problems and many metropolitan areas transcend state 

 lines. Many shoreline or beach problems require a regional approach. Thus 

 cooperation with regional mechanisms also must be studied because, in many 

 instances, they may constitute the most appropriate device for considering 

 marine science problems and providing the institutional mechanisms for 

 solutions. 



Within the past several years, a number of new professional societies or 

 committees interested in marine science affairs have been established that 

 aid in the traditional democratic processes of communication and national 

 decision making. Specialized interest in marine science activities has led to 

 the appointment of study or action committees in other professional and in- 

 dustrial associations. Several of their studies such as those by the National 

 Security Industrial Association and by the State of California have been 

 made available to the Marine Sciences Council and have been of great value 

 in evaluating merits of alternative Federal policies. 



Recent Financial Analyses 



The future growth of marine programs will be heavily dependent on the 

 availability of risk capital. Several investment and advisory firms recently 

 have issued reports analyzing investment potential in oceanography. Many 

 major diversified firms are committing funds to ocean projects, although 

 ]3ublished articles say that few have yet made substantial profits. These re- 

 p)orts generally agree that the technological and systems approaches of aero- 

 space are, to a large extent, applicable to oceanography. 



Conclusion 



Many Federal policies and programs can be carried out only in connection 

 with States, industry, the academic community, and other institutions. The 

 Council plans to identify areas where Federal assistance can be a catalyst. 

 This assistance may take the form of legal measures, financial aids or sup- 

 port, or changes in Federal policies. 



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