The terms under which Programa Cuyo would function and its financing were negotiated in late 1961 and the first half of 1962. The parties to that negotiation were representatives of the Economics Department of the University of Chicago (principally Professor Arnold Harberger), the Rector of National University of Cuyo and Alberto Corti Videla, Dean of its Economics Faculty, Albion Patterson of the Buenos Aires office of the United States Agency for International Development (USAID) and representatives of the Argentine Consejo Nacional de Desarrollo (CONADE). Mr. Patterson was very much the instigator of Programa Cuyo as he also had been very much so earlier in Chile as head of the Chilean office of the U.S. International Cooperation Administration (now USAID) in connection with the creation of the University of Chicago-Catholic University program in 1955. Indeed, it may well have been the early success of the Chicago-Catholic University program that inspired Mr. Patterson to think that it could be repeated in Argentina. The immediate but narrow purpose of Programa Cuyo was to modernize the Economics Faculty at the National University of Cuyo