But since the campaign kick-off last spring, the University has raised approximately $125 million, according to a source close to the administration--a number that falls only slightly short of the president's announced goal of averaging $1 million a day.

But not all the schools have fallen into line with the capital campaign, or with Rudenstine's larger goal of a more coherent institution.

The Business School, Harvard's richest and possibly its most fiercely independent branch, currently denies that it is participating in a capital campaign.

It seems to bear no ill will towards the drive. Several Business School alumni, in fact, are directing fundraising efforts at other schools, and Dean John H. McArthur has said he will encourage potential B-School donors to give money to smaller, poorer schools.

Those at the campus across the river, however, have reiterated that they do not need to gain from the University campaign. Their school has "no capital needs" at this time, they say.

Relationship With McArthur

The fundraising arrangement with the Business School is indicative of the relationship between McArthur and Rudenstine. While the semi-reclusive dean does not seem to hold a grudge against Rudenstine, he and his colleagues doggedly focus on issues relating primarily to their Allston enclave.

Perhaps the most public example of the Business School attitude came when Rudenstine released his report on the planning process for the campaign.

In October of 1993, Rudenstine issued the long-awaited President's Report to the Board of Overseers. He had promised the document at the beginning of his tenure.

In an 84-page manuscript which the president penned himself, Rudenstine summarized the University's structure and analyzed its performance. The comprehensive report, which discusses every school, every field and many aspects of undergraduate life, consumed much of the president's energy during the 1992-1993 school year.

But on the day that Rudenstine was set to issue the long awaited report, McArthur gave a speech at Yale declaring the Business School to be "on a precipice."

A Business Week article the preceding summer had raised questions about the Business School's preeminence and whether the school had become out of date. The McArthur announcement served as a shocking acknowledgement of much of the criticism.

This recognition of the Business School's problems, and at Yale of all places, upstaged Rudenstine's report.

Although no evidence of a feud surfaced publicly, Rudenstine and other officials were less than pleased by the timing of McArthur's announcement, whether the timing was intentional or not.

Grasping for Power