The administration hopes to create about 85 newfaculty positions, including 40 in the Faculty,Rudenstine said. The FAS positions alone willrequire more than $100 million, he said.

The majority of the $2.1 billion will go tosupporting teaching, research, and public serviceprograms, which consume about 48 percent ofHarvard's $1.3 billion annual budget.

In addition, about 11 percent of the campaign'sfunds will go to projects such as improvinginformation technology and bringing all ofHarvard's libraries on-line.

An additional 13 percent of the money willsupport student scholarships on both the graduateand undergraduate levels.

The campaign brochure includes, for thatprospective donor who has everything, a shoppinglist of potential donations.

The big spender, for example, could name theHarvard Law Library for $25 million or establish anew and renovated home for the Governmentdepartment for $23 million.

More frugal donors can name a "room or specialarea" in an undergraduate house for $250,000 to$500,000, or establish a faculty research positionat the Business School for just $100,000.

Campaign organizers painted the fund-raisingdrive in optimistic and sometimes dramatic termsyesterday. Campaign Chair Robert G. Stone Jr. '45called the campaign "a new beginning to prepareHarvard for the next century."

Stone said a nucleus fund of $652,143,148,approximately one-third of the campaign goal, hadalready been accumulated at the time of the pressconference.

Despite a successful start, Rudenstine saidthat the University is left with the task ofmaintaining the pace of fundraising, which he says"will be very, very hard."

"It's going to mean $300 million a year forfive years, which I reckon is almost $1 million aday," Rudenstine said at the 10:30 a.m. pressconference. "It's already almost lunch, 12o'clock, and I haven't done anything yet today,"Rudenstine joked.

Although the campaign promises to bechallenging, Stone pointed out that it has alreadybeen more successful in drawing large gifts thanany other in the University's past. Stone saidfive donations already received have been inexcess of $20 million.

By contrast, the last capital campaign in theFaculty of Arts and Sciences succeeded in raisingonly one gift of $9 million over its entireduration, Rudenstine said Wednesday.

So far younger donors have played a key role inthe fundraising and Stone said he foresaw youngermoney as the key to this campaign's success.

"More than $50 million dollars came from alumnifrom the class of 1960 or later," Stone said.