Full text of Committee on the History of the Federal Reserve System : General Correspondence : Rockefeller Foundation (1954-1956), Entry 164, Box 9, Folder 9

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COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM

The Rockefeller Foundation
49 West 49th s t r e e t , Hew Xork 21
June 8 , 1956

De&r Mr. Sprouls
Thank you f o r your long and very h e l p f u l l e t t e r o f
June 5*

I hope ve c&n g i v e you an fensver f a i r l y soon,

but perhaps i t v i l l not be p o s s i b l e to do so be Pore the
a e e t i n g of our Executive Coa5rittee on Joint 22.

S i n c e r e l y your*,
(singed) Norman S. Buchanan

Mr* Allan Sproul, Chairman
Committee on the History o f
the Federal Reserve System

33 ^ibe ty street
Hew York 45* New York
MSB«ph

c






ROCKEFELLER FOUNDATION

October 3, 1955
Dear Sirs:
As this Comiaittee is financed through
a Rockefeller Foundation grant* we would very
amch like to have a copy of your recentlyissued Report for 1954* Would you kindly send
it to the above address, Than*: you*
fery truly,

lima Burstein
Secretaiy

Rockefeller Foundation
49 Vest 49th Street
lev York 20, M. Y.

THE ROCKEFELLER FOUNDATION
49 WEST 49th STREET, NEW YORK 20

CABLE ADDRESS:

DIVISION OF SOCIAL SCIENCES
LELAND C. D E V I N N E Y , ACTING DIRECTOR
ROGER F. EVANS, ASSISTANT DIRECTOR
KENNETH W. THOMPSON, CONSULTANT
JOHN B. STEWART, CONSULTANT

ROCKFOUND, NEW YORK

August 2k, 195k

Dear Miss Adams:
I enclose herewith a copy of the section of the
Quarterly Report referring to the appropriation made to
The Brookings Institution for a History of the Federal
Reserve System. I hope this will meet your immediate
needs•
As soon as we receive further printed copies of
the Report, I shall ensure that one is sent to you*
Sincerely yours,

Patricia Harris
Secretary to Mr* DeVinney

Miss Mildred Adams
Committee on the History of
the Federal Reserve System
33 Liberty Street
Yfew Tork h$, New York
PHts
Enclosure




RELEASED FOR PUBLICATION IN NEWSPAPERS
OF WEDNESDAY, August 2$,

ROCKEFELLER FOUNDATION
Volume V

GRANTS

SECOND QUARTER, 19$h

Number 2

Foundation Gives $685,000 in Two Grants To Brookings Institution

Two grants totaling $685*000 have been made to the Brookings
Institution by The Rockefeller Foundation* An outright grant of $375,000
will help to establish a new program of research and education» Preparation of a history of the Federal Reserve System will be partially financed
by the other appropriation, amounting to $310,000•

The proposed history of the Federal Reserve System will include
an appraisal of this unusual invention of government, and a review and
analysis of its functioning as illumined by the papers and memories of men
who helped develop it* How such a mechanism of monetary control, uniquely
adapted to our needs, came to be established, by what devices it has endured and thrived, and a study of its role in both government and the
economy will be some phases dealt with*




Released for Publication in Newspapers
of Wednesday, August 25,1954

Office of Publications
COIumbus 5-8T00

Rockefeller Foundation Grants
VOLUME V

SECOND QUARTER, I 9 5 4

NUMBER 2

The Rockefeller Foundation, 4Q West 4Qth Street, New York 2Oy N. Y.

SECOND QUARTERLY REPORT, 1954

Quarterly reports are issued to supplement
the annual reports of the Foundation by announcing grants as soon as practicable after
they have been made and also for the purpose
of commenting briefly upon some projects
in which there is likely to be continuing
public interest.
—DEAN RUSK

President, The Rockefeller Foundation
and General Education Board
GRANTS T O T A L

$6,263,622

Rockefeller Foundation grants during the
second quarter of 1954 totaled $6,263,622,
and one grant of $150,000 was made by the
General Education Board.
During the same period, the Foundation
awarded 68 fellowships to individuals from
22 countries and the World Health Organization.
Following are the individual second-quarter grants announced today by Mr. Rusk:

Harvard Medical School
Given $275,000 to Develop
Family Treatment Plan
Because medical school students have traditionally seen sick people in the highly special
situation of the hospital ward, and not as members of a family group where the illness has
personal and social as well as medical significance, the Harvard Medical School is setting




up an experiment for broadening the training
experience of undergraduate students and junior staff members. The experiment is being
aided by a grant from The Rockefeller Foundation of $275,000 for afive-yearperiod.
In the experimental plan, the students will
see the same patients continuously through a
series of visits to their homes, through observation in the outpatient department of the Massachusetts General Hospital, which is cooperating in the experiment, and upon occasion will
also see them as sick people in the hospital.
The plan will help to overcome the tendency
toward specialization of medical education and
the loss of perspective in regard to disease in
relationship to the individual and his environment.
The plan, which will be developed gradually
over a period offiveyears, will be administered
by the Department of Preventive Medicine of
the School of Medicine. The senior members
of each clinical service will work within the
outpatient service to give guidance to the junior staff and students. Qualified social workers
and public health or community nurses will
also work in the service and teaching aspects
of the program.

Russian Studies
At Columbia Aided
Support of the Russian Institute at Columbia University — where 99 members of the Department of State, the Army, the Air Force,
and the Navy who must deal with Russia or the

problems it presents to the United States, have
been sent for specialized training — will be continued by an outright grant of $375,000 by
The Rockefeller Foundation.
Most of the 224 persons who have registered
for the institute's highly successful program of
graduate training and research have made active use of their experience in teaching, in
government service, in government-supported
or private research projects, in the United Nations, or in journalism.
The institute's research program is designed
to analyze the strengths and weaknesses of the
Soviet system and its impact on world politics. Among phases of this broad field to be
examined closely are Soviet economics, the
evolution of Soviet ideology, and the control
and use of literature as a means of ideological
indoctrination.

National Research Council
Committee on Sex Research
Receives Further Aid
The Committee for Research in Problems of
Sex of the National Research Council has, since
its establishment in 1921, given financial support to more than 500 different research projects, the results of which are published in more
than 2,000 monographs and articles.The Rockefeller Foundation, which has provided the
major portion of the financial backing for the
committee's work since 1931, has now made a
new grant of $150,000 for a three-year period
for its further support.
Major investigations supported by the committee include those on endocrine aspects of
reproduction by Dr. E. Allen, on hormones
and sexual behavior by Drs. Frank Beach and
C. S. Ford of Yale University, and on human
sexual behavior by Dr. Alfred Kinsey of Indiana University. Some of the projects formerly supported by the committee, including
that of Dr. Kinsey, are now in a position to
obtain support from other sources. Aid to the
others, and to new projects, will be given in




terms of the four objectives of the committee:
"to encourage fundamental investigation of the
biological nature of sexuality and its physical
and chemical mechanisms; to develop better
knowledge of sex behavior in higher animals,
with which the experimental approach can be
used; to gain knowledge of human sex behavior
in other cultures... by utilizing the techniques
of social anthropology; to maintain the propriety and worthiness of research in human sex
behavior and to encourage the entrance of
qualified workers into this particularly difficult
field."
The Rockefeller Foundation became interested in systematic support for studies in sexual
physiology and behavior in 1931 at a time when
it began to concentrate its natural science interest more in the life sciences and less in the
physical sciences. With the Foundation's continuing interest in medicine, public health, and
agriculture, support was given to studies in reproductive physiology and behavior as one of
the elementary characteristics of living organisms.
The Committee for Research in Problems
of Sex has achieved an extraordinary record in
opening up and developing an entire field of
medical physiology with little more tnan a
million dollars of total support for research.
Many of the most significant advances in
knowledge of the reproductive process, and in
the ability of modern medicine to control its
disorders and diseases, stem directly from the
work of the committee and from the closely
related grants made directly by the Foundation. Examples are the isolation and synthesis
of estrogen, the first ovarian hormone to be discovered; androgen; and the recognition of several different substances from the anterior
pituitary glands.
In addition to grants made through the National Research Council committee, The Rockefeller Foundation has provided funds at more
than two dozen university and research centers
for research related to reproduction and sex
behavior.

$2io,ooo Fund Appropriated
For Virus Laboratory at
University of California
The Virus Laboratory of the University of
California at Berkeley, one of the world's leading institutions for conducting research on all
kinds of viruses — animal, bacterial, and plant
— has been given a stabilizing research support
fund of $210,000 by The Rockefeller Foundation for a seven-year period.
Established in 1949, the Virus Laboratory,
under the direction of Dr. Wendell M. Stanley,
has conducted important research on the basic
biology, biochemistry, and biophysics of the
infectious agents, and has served as a training
center for future investigators. Emphasizing
fundamental studies without direct reference
to practical application, the laboratory is in
the unique position of being able to use the
virus best suited to the study, and in its training
function, to give students experience in investigative techniques with all kinds of viruses.
The laboratory is housed in an excellent new
building, equipped in part with the aid of a
previous $150,000 grant from the Foundation.

Union Theological Seminary
Inaugurates New Program of
Advanced Religious Studies
A new effort to develop vital religious leadership will be inaugurated in 1955 by Union
Theological Seminary, New York. A group of
outstanding younger religious leaders from
every part of the world will be given the opportunity to meet at a single center where they
may discuss and exchange ideas and experiences drawn from richly varied traditions. This
program has been made possible by a grant of
$525,000 from The Rockefeller Foundation.
Despite the urgent need today for spiritual
and moral leadership in every field of human




endeavor, the possibilities for potential religious
leaders to broaden and deepen their understanding of intellectual and international problems
have been too often limited by doctrinal bounds
and financial considerations. The center of advanced religious studies proposed by Union
Theological Seminary will attempt to meet this
need by enabling 20 to 25 qualified young men
and women each year to undertake specialized
preparation for their specific vocation, and, at
the same time, to engage in cooperative examination of the nature of contemporary society
and its spiritual problems, the religious beliefs
of non-Christian faiths, and the challenge of
totalitarian ideologies.
Union Theological Seminary, because of its
excellent facilities, its interdenominational reputation, and its close association with such educational institutions in New York City as
Columbia University, the Jewish Theological
Seminary, and St. Vladimir's Russian Orthodox
Seminary and Academy, is in an unusually
favorable position to offer the varied training
envisaged by the program.
The Foundation's grant will be used to meet
the expenses of this program during the next
five years.

Insect Resistance
To DDT Studied at
University of Illinois
That houseflies and other insects can develop
resistance to D D T and other new insecticides
has been known for some time, but the mechanisms responsible for this resistance, and the
way in which resistance appears in a previously susceptible population of insects, are just
beginning to be understood. Major contributions to this understanding have been made
through research conducted by Dr. Clyde W .
Kearns and his co-workers at the University of
Illinois. To aid Dr. Kearns in further investigation of this and related questions, The Rocke-

feller Foundation has made a grant of $75,000,
supplementing other grants dating from 1950.
The cause of the resistance, Dr. Kearns has
determined, is the production by the fly of an
enzyme system, "DDT-dehydrochlorinase,"
which changes the DDT to a nontoxic product,
"DDE." This enzyme is specific for DDT.
Resistance to chlordane and other insecticides
not related to DDT depends on another apparently independent enzyme system.
The results obtained by Dr. Kearns and his
group constitute a significant advance toward
the solution of a problem of great importance
to insect control in public health and agriculture, but many basic questions remain to be
answered. Why and how the flies produce the
enzyme are key questions. The enzyme exists
in such minute quantities in the fly that more
than a millionfliesare used to obtain convenient
working amounts. The anti-DDT enzyme has
not yet been secured in a pure state. When it
has been purified, the precise mechanism of
the detoxifying process can then be studied. The
relation between the anti-DDT enzyme and
the other similar enzyme systems must be
studied. The Foundation grant, which is for a
period of five years, will assist Dr. Kearns in
the further study of these and similar questions.

Continued Support Given
Canadian Shakespeare Festival
The Stratford Shakespearean Festival of Canada Foundation has been granted C$40,000
(about $42,000), payable on the basis of one
dollar for every two secured from Canadian
sources. This is the second grant the Foundation has made this year to encourage work in
Shakespearean drama. Earlier, a similarly contingent grant was made to the American
Shakespeare Festival Theatre and Academy
of Connecticut.
The Shakespearean Festival of Canada was
inaugurated in 1953 by the community of
Stratford, Ontario, with the encouragement of
many other Canadians interested in the cultural




development of Canada. While its first season
aroused favorable critical comment and wide
public interest in both Canada and the United
States, working capital is needed to assure the
continuation of the festival during the coming
years. The Foundation's grant, together with
the amount received from Canadian sources,
will be used to establish a working capital fund.

$100,000 Appropriated
For Dairy Science Research
At University of Illinois
The biochemical and physiological process
by which proteins are produced by animals, an
understanding of which is fundamental to efforts to increase the world's food supply, is the
focal interest of the work of a group of biological scientists in the Department of Dairy
Science at the University of Illinois, under the
leadership of Dr. G. W. Salisbury. To support
the researches of this group over a six-year
period, The Rockefeller Foundation has made
a grant of $100,000 on aflexiblebasis.
The dairy cow, one of the most efficient protein producers known, is studied by Dr. Salisbury and his staff not only in regard to
practical aspects which are of service to the
dairy industry, but also in regard to the complex of biochemical processes, as yet but little
understood, by which the animal produces
protein. In its study of the metabolism of
protein substances, the group has pushed its
investigations into the basic processes of animal cells and tissues where the milk precursors
are utilized. The research of the group is important to basic agricultural science, as well as
to both human and animal physiology.

Foundation Gives
$685,000 in Two Grants
To Brookings Institution
Two grants totaling $685,000 have been
made to the Brookings Institution by The

\

Rockefeller Foundation. An outright grant of
f 375?ooo will help to establish a new program
of research and education. Preparation of a history of the Federal Reserve System will be
partially financed by the other appropriation,
amounting to $310,000.

I
/
/
/
/
/
I

Aimed in general at clarification of emerging issues of public importance, the new program at Brookings will deal with (1) problems
of the functions and processes of the American
government, (2) problems of the American
economy, (3) problems of international economic and political relations.
The proposed history of the Federal Reserve System will include an appraisal of this
unusual invention of government, and a review
and analysis of its functioning as illumined
by the papers and memories of men who helped
develop it. How such a mechanism of monetary
control, uniquely adapted to our needs, came
to be established, by what devices it has endured and thrived, and a study of its role in
both government and the economy will be
some phases dealt with.
The institution's new program is the result
of a year's review by senior staff members
aided by an Advisory Committee consisting of
Professor Lon L. Fuller, Harvard Law School;
Dr. Pendleton Herring, president, Social Science Research Council; Dean Edward S.
Mason, Harvard University; Professor Joseph
J. Spengler, Duke University; and Dr. Walter
W. Stewart, Institute for Advanced Study,
Princeton, New Jersey.

Grant to Canadian University
For Study of Schizophrenia
For the support of basic studies in schizophrenia by the Department of Psychiatry of
the University of Saskatchewan, Canada, The
Rockefeller Foundation has made a grant of
C$115,500 (about $121,275) for a three-year
period. The study is under the direction of
Dr. D. G. McKerracher and Dr. A. Hoffer.
The research group headed by Drs. McKer-




racher and HofFer is attacking the problem of
schizophrenia from the hypothesis that the disease may be related to the metabolism of the
adrenal gland complex. The work done to date
indicates that the integrated approach to the
problem developed by the group may well
produce an array of data which can be used
to give a description of the schizophrenic state
and may define biological changes which
could be treated in some specific manner. The
grant from the Foundation, supplementing
others from Canadian sources, will provide additional personnel and associated laboratory
facilities.

Woods Hole Laboratory
Receives $100,000 Grant
The Marine Biological Laboratory at Woods
Hole, Massachusetts, a national center for summertime research and training in biology, has
been given a grant of $100,000 toward its
general budget. The new award brings Foundation support of the Woods Hole laboratory
to a total of $1,050,000 since the first grant
was made in 1922.
For over 60 years, the Marine Biological Laboratory has supplied research facilities for advanced workers, and instruction for students,
this now involving more than 500 individuals
who come to Woods Hole each summer. Like
all institutions which depend primarily upon
endowment for operating income, the laboratory has faced a serious gap between revenue
and expenses during the period of postwar inflation. The present grant provides general
budgetary support during the transition to a
more stable basis for the operation of the institution.

Karamu House
Gets $100,000 for

Music Building
Karamu House, one of the nation's most
successful interracial enterprises, will erect a

new music building with the aid of a $100,000
grant from The Rockefeller Foundation.
Karamu House will observe, in 1955, the
fortieth anniversary of its work with Negroes
and whites in Cleveland. During these years of
operation, it has won wide recognition for the
way in which its activities in drama, music, the
dance, and the plastic arts, have been employed
to stimulate individual development and cooperative group action. Approximately 4,000
persons annually participate in its varied activities, and its board of trustees includes leading
Negro and white citizens of Cleveland.
In order better to serve its community,
Karamu House now plans the addition of
several buildings and the expansion of existing
facilities. The Foundation's grant, payable
when Karamu House secures an equal sum
from other sources for the same purpose, will
be used toward the costs of constructing and
equipping a music building.

Writing Center in Mexico
Gets $123,000 Appropriation
The bilingual Writing Center sponsored by
the Mexican-American Cultural Institute in
Mexico City has, since its organization in 1951,
made a substantial contribution to the development of writing in Mexico, and, at the same
time, has played an important role in the cultural relations between Mexico and the United
States. This year the Foundation has renewed
its support of the center with a grant of $123,000.

The purpose of the Writing Center is to
assist young Mexican authors, and American
authors resident in Mexico, in the development
of their creative abilities. Its activities are
guided by Miss Margaret Shedd and a committee of Mexicans distinguished in the field of
literature. Through fellowships, weekly discussion groups, and studies on the problems
of the writer in Mexico, the center has attempted to help the writer better to understand




his situation, and to build for him a sounder
economic base. About 80 per cent of the writing done under the center's fellowships has
already found publication, and the fellows have
won many Mexican literary honors.
The Foundation's grant, $50,000 of which
is contingent upon the center's securing an
equal amount from other sources, will provide
for the continuation of the Writing Center's
program during the next five years.

Educational Studies
In Japan Supported
War, defeat, occupation, and renewed independence for Japan have brought in their wake
critical problems concerning the role of moral
values in Japanese education, and a need for
the reformulation of educational policies. T o
meet this need, two institutions in Japan are
undertaking broad studies of educational philosophy, which The Rockefeller Foundation
has assisted with two grants totaling $121,900.
Kyushu University, a national institution,
will concentrate on a comparative examination
of educational thought and practices in other
countries for their possible contribution to the
ethical aspects of instruction in Japan. It will
use the $55,800 provided by the Foundation to
send abroad for study during the next four
years approximately 12 members of the staff of
its Institute of Comparative Education, and,
during the same period, will invite to Japan to
cooperate with its program approximately six
scholars from other countries.
The International Christian University, established after the Second World War through
joint Japanese-American efforts, also believes
that the experience of other countries will
prove helpful to Japan, and has proposed that
four experts in the field of education visit its
Institute of Educational Research and Service
to work with members of its staff. Its project
will also include, however, discussions by a
panel of Japanese leaders in education, business,

and public affairs, of draft statements of educational policy, as well as an extensive series of
workshop conferences between Japanese teachers and administrators at all levels. Toward the
expenses of this study during the next four
years, the Foundation has contributed 12,194,600 yen and $29,600 (about $66,100).

Aid to Genetics Research
At University of Texas
Continued With $100,000 Grant
The study of genetics at the University of
Texas, carried on for at least thirty years by a
brilliant succession of researchers, has made that
university one of the important world centers
for this basic science. A new grant of $100,000
carries forward Rockefeller Foundation support for this work for another five-year period,
bringing Foundation aid to a total of $278,500
since 1936.
One main interest of the research group is
the study of evolution in Drosophila, the fruit
fly which, though the best known genetic
study material in existence, still presents many
unsolved problems. The Drosophila collection
of the University of Texas, already the largest
in the world, including 250 of the 600 species
described, is being constantly augmented by
new collections, particularly from Central and
South America.
An extended study of heterosis (hybrid
vigor) in fruit flies is being undertaken, in addition to continued research on problems of
mutations. The comparative effects of X-irradiation and non-ionizing radiation on Drosophila
are also under investigation.

Study of Aesthetic Aspects
Of City Planning Aided
The aesthetic aspects of city planning, so
important in making urban areas pleasant and
satisfying places to live, will be the subject of




a new study by the Departments of Architecture and of Planning of the Massachusetts Institute of Technology, toward which The
Rockefeller Foundation has contributed $85,000, available over a three-year period.
Although much distinguished work has been
done on the technical and sociological aspects
of city planning, aesthetic considerations have
been too frequently neglected. The Departments of Architecture and of Planning of the
Massachusetts Institute of Technology have
been increasingly concerned with this imbalance, and have proposed a study aimed at the
production of better techniques for the analysis of city forms and the development of new
designs.
Beginning with careful examination of the
changing character of such active cities as
Boston and Cambridge, the study will employ
film, models, and other methods designed to
give effective three-dimensional impressions of
the urban environment. The work will be carried on under the joint direction of Professors
Gyorgy Kepes and Kevin A. Lynch, and will
utilize the services of graduate students and occasional consultants in different fields, including sociology, history, and psychology.

Columbia to Expand
Oceanography Research
Marine biology will be added to the research
program of the Lamont Geological Observatory of Columbia University as a result of a
grant of $90,000 from The Rockefeller Foundation.
The observatory's research in physical oceanography, a program which utilizes the 202-foot
schooner "Vema," a field station in Bermuda,
and laboratories in New York, has to date centered on the geophysical problems of the oceans
and their margins. A good deal of emphasis has
been put on taking various types of samples
from great depths. Undisturbed core samples
from the floor of the sea have been obtained

from depths as great as 24,000 feet. The Foundation grant will enable the observatory to
expand its researches into biological problems
to supplement those in the physical properties
of the oceans.

Continued Support Given
Soviet Press Digest
The Current Digest of the Soviet Press is the
only public source in this country of firsthand
information as to what appears in Soviet newspapers, magazines, and learned journals. A new
grant of $99,000, to be matched by other funds,
will continue Rockefeller Foundation support
of the Digest during the period ending January

eral and basic problems of the growth of plant
tissues, has shown how the virus, a parasite
not endowed by nature with the complete
mechanism of self-duplication, compels the
plant to do the job by somehow harnessing the
plant's reproductive processes to reproduce the
virus. The paper in which Dr. Commoner reported this research won the prize of the
American Association for the Advancement of
Science at the 1953 meeting.
Dr. Commoner is now turning to a detailed
study of the biochemistry of the determinative
effects exerted by tobacco mosaic virus on the
host. The new Foundation grant is for general
support of the new program over a five-year
period on a flexible basis.

31, i960.

The five-year-old publication, which has been
described by a large American magazine as
"perhaps the most potent weapon we have in
our struggle to learn about the Soviets," is used
regularly by such United States Government
agencies as the Central Intelligence Agency,
the United States Atomic Energy Commission,
the Department of State, and several branches
of the armed forces, as well as many universities and research institutes.
Edited by Leo Gruliow under the supervision of a Joint Committee on Slavic Studies
appointed by the American Council of Learned
Societies and the Social Science Research Council, the Digest is housed at Columbia University, New York.

Virus Research Aided
At Washington University
The virus research of Dr. Barry Commoner,
of Washington University, St. Louis, which
has contributed notably to knowledge of the
fundamental life processes of these minute entities, will be aided by a new grant of $75,000.
Dr. Commoner's work, which utilizes the tobacco mosaic virus as its experimental material,
but which is primarily concerned with the gen-




Fellowships in Medical Sciences
Continued With $150,000 Grant
Although the number of fellowships for advanced training in the medical sciences has
increased vastly since the war, the number of
those allowing the recipient to choose his own
place of study and subject of investigation,
with freedom to develop his own ideas, has not
increased in like proportion. T o counteract
the trend toward rigidity, the National Research Council will continue its fellowships in
medical sciences with the aid of a new grant
of $150,000 from The Rockefeller Foundation.
This award makes a total of $1,720,000 from
the Foundation to the council for these fellowships, which have been offered continuously
since 1924.
Analysis of the records of former fellowship holders shows that all but a fractional
percentage of them go on to teaching and research positions. Fellowships which encourage
men and women to seek out understanding
and experience in their own way, unrestricted
as to specific disease area or narrow disciplines
of possibly fleeting importance, have amply
proved their value. Added testimony to the
value of the National Research Council's fel-

lowships is the fact that this year more candidates applied than in any year since 1934.

African Studies
In Britain Aided
The urgent need for wider understanding
of African affairs and for a greater number of
persons trained in this field has led The Rockefeller Foundation to give £28,500 (about $85,500) to Nuffield College, Oxford University,
for the establishment of a research and training
program for specialists in African studies.
Centering around the research of three members of the Nuffield faculty widely experienced
in African economic, political, and administrative problems — Dr. S. Herbert Frankel, Miss
M. F. Perham, and Kenneth E. Robinson — the
program will offer research facilities to visiting
scholars from other universities, particularly
those in Africa.
Another provision of the plan will offer to
African nationals and others interested in field
work there a year of intensive preparatory
study at Oxford at the graduate level.

Support for Research
Of Hans Adolf Krebs
Continued by $80,000 Grant
In continued support for the research of Dr.
Hans Adolf Krebs, Nobel Prize winner of the
University of Sheffield, England, The Rockefeller Foundation has made a new grant of
$80,000. The first grant to Dr. Krebs was made
in 1933.
The research of Dr. Krebs and his colleagues
in cell metabolism is now centering on the
chemical mechanisms by which the living cell
utilizes foodstuffs and the energy they provide. The program is proceeding along four
main avenues: biological energy transformations; synthetic processes; properties of enzymes; and elaboration of methods in biochemistry.




Foundation Aids
American Symphony
Orchestra League
Through a program initiated several years
ago by the American Symphony Orchestra
League, Inc., for its 281 member orchestras,
the conductors of small community orchestras have been given the unique opportunity
of preparing short orchestral works under the
guidance of leading conductors, participating
as a group in their rehearsal, and leading a
major symphony orchestra in their performance. A recent Rockefeller Foundation grant
of $83,150 will be used in part to enable the
league to hold three conductors' workshops
each year during the next three years.
The Foundation's grant will also aid the
league in holding one workshop for music
critics each year during the next three years.
Last year the league arranged in New York
the first such workshop for critics from smaller
cities, whose judgments of the performances
they attended during the workshop were discussed in sessions with prominent New York
critics.
Two of the league's principal interests are
aiding its member orchestras in understanding
their problems and potentialities within their
communities, and securing for them more adequate local support. A portion of the Foundation's grant will be used toward the expenses
of an intensive study of the organization and
support of the arts, particularly music, in
American communities.

Foundation Aids Study
Of Indian Languages
In India today there are over a dozen major
and several hundred minor languages. This
multiplicity, and the political and cultural significance of language differences, create extraordinarily complex problems. To contribute

of 44,000,000 lire (about $79,200) from The
Rockefeller Foundation.
Systematic research on national income has
thus far been confined largely to the United
States and England, whose economies are not
typical for the whole world. Analysis of the
problem in Italy, which combines characteristics of both underdeveloped and highly developed regions, would be a practical contribution
to a broader understanding of the entire economic process.
The economists at the center, directed by
Volrico Travaglini, will approach the fouryear project from several different angles. The
relation of taxation to distribution of the national income will be one line of investigation.
Other approaches will be through the econometrics of consumption, through studies of
the structure and flow of public and private
investment in industry, and through improved
measurement of the size and distribution of
income.

to the understanding of these problems, and
to provide better knowledge of Indian languages abroad, the Deccan College Postgraduate and Research Institute in Poona, India, is
undertaking a study of the major languages of
India with the aid of a grant of 141,800 rupees
and $48,350 (about $79,550) from The Rockefeller Foundation, available through December, 1955.
The study is composed of three interdependent parts. The larger part of the Foundation's
grant will be used to provide training and development for Indian and American language
scholars at three six-week linguistic schools at
Poona. Instruction will be offered by leading
Indian, British, and American linguists, and will
be directed toward specific problems relating
to major Indian languages. Key linguists from
Pakistan, Burma, and Ceylon will also be invited to participate.
The second part of the program will support
continuing research by selected Indian linguists
in their respective language regions. Their
work will focus on an up-to-date survey of the
language scene in India today, and the determination of words and idioms common to the
principal languages.
The third part of the study provides for
research by carefully chosen American scholars, each of whom will concentrate on a major
Indian language. Products of their research
might include basic descriptions of the major
languages, grammars, dictionaries, and interpretive studies of salient language problems.

Population Trends
To Be Studied at
University of Michigan
Results of a study at the University of
Michigan, Ann Arbor, of the fluctuations of
population trends should be of ultimate practical value to government agencies interested
in assessing future manpower for the nation's
economy and military needs, in planning social
security and retirement programs, and to business concerns in estimating future markets and
long-range capital investments.
With the aid of a $91,835 grant from The
Rockefeller Foundation, Professors Ronald
Freedman and Leslie Kish of the university's
Survey Research Center, and Dr. P. K. Whelpton, director of the Scripps Foundation for
Research in Population Problems at Miami
University, Oxford, Ohio, will cooperate on
the two-year project.

Economic Research
In Italy Supported
Research on the Italian national income,
which, in its relation to overpopulation, is basic
to the solution of many of that country's other
problems, is to be carried on at the Center for
Economic and Econometric Research at the
University of Genoa, with the aid of a grant




10

Medical Care Facilities
Surveyed in Puerto Rico

Aid Given Genetics Study
At Columbia University

A survey of medical and public health facilities in the Bayamon region of Puerto Rico,
to be made by the Department of Health of
the Commonwealth, will be aided by a Foundation grant of $63,500 for a period of 18
months.
The survey of the Bayamon region, a district of 400,000 population near San Juan,
will serve to explore the possibilities of reorganizing the medical care services of the
Department of Health. If the initial studies
warrant, regionalization of the medical and
public health system may be proposed as a
step toward more efficient utilization of the
department's personnel and facilities.

The Institute for the Study of Human Variation, of Columbia University, under the direction of Dr. L. C. Dunn and Dr. T. Dobzhansky,
is a recently established interdepartmental research agency now building a program of
intensive investigation with new techniques
for the study of human genetics and heredity.
For the support of research of the institute,
The Rockefeller Foundation has appropriated
$50,000 for a three-year period.

University of Chicago
Conducting Research on
Inflation and Taxes

Industrial Market Project
Planned at Northwestern

How to maintain a high level of economic
activity without inflation, and how to select
an appropriate pattern of taxes and government expenditures, will be the dual purpose of
a research project in public finance at the
University of Chicago, Illinois, to which The
Rockefeller Foundation has contributed $50,-

Whether big business concerns should be
split up into small units to maintain competitive markets, or whether they should be protected from the full force of direct competition in the interests of efficient operation, are
opposite sides of a continuing controversy
among economists. In an effort to throw some
light on this controversy, The Rockefeller
Foundation has given $59,000 to Northwestern University, Evanston, Illinois, for a study
of the structure and functioning of industrial
markets.
Professor R. B. Heflebower, chairman of
the university's Department of Economics,
will direct the three-year project.

000.

Professor Arnold Harberger, leader of the
three-year project, plans a series of studies
which would include an assessment of the
effects of recent institutional changes on the
likelihood of large-scale unemployment, a
study of the cyclical aspects of purchases of
consumers' durable goods, and a study of the
effects of particular tax and expenditure programs on economic progress.
A group of three to five full-time research
associates, of both pre- and postdoctoral level,
will assist Professor Harberger, who hopes
by this means to add to the short supply of
experts in public finance who are also trained
in the empirical techniques of economic research.




National Research Council
Seeks Improvement of
Biological Education
In the belief that educational procedures
in biology, from the most elementary levels
through all of the basic university courses,
11

have not yet responded fully to the rapid
development of the biological sciences in the
past half century, and to the newer understanding of vital processes, the Division of
Biology and Agriculture of the National Research Council, in Washington, D. C , has set
up a Committee on Educational Policies to
cooperate with educational agencies and
groups at all levels. To support the work of
the committee, The Rockefeller Foundation
has appropriated $50,000 for a three-year
period.
The establishment of the committee is the
outgrowth of a Conference on Biological
Education, of which Dr. Leonard Carmichael
was chairman, attended by a distinguished
group of biologists representing educational organizations and associations, and governmental
agencies.

Latin American and Mexican scholarship
holders who show special aptitude are then
eligible for Foundation aid for further training in the United States. About 50 have already completed work for advanced degrees,
or are in the process of earning them.
The cooperative agricultural program in
Colombia, now in its fifth year of operation,
will also take on training functions, to serve
chiefly the high Andean countries, particularly Ecuador, Venezuela, and Peru. The proximity of these countries to Colombia and the
similarities in crop practices, topography, and
climate, make training experience in Colombia particularly valuable for them. The new
work in Colombia will supplement that in
Mexico.
The scholarship term, which has been
twelve months, is being increased to an average of fifteen months to provide more extensive experience. The number of scholarships granted will also be increased from
about fifteen a year to twenty.

Latin American Scholarships
In Agriculture Continued
And Increased in Number
The collaborative agricultural research program in Mexico, maintained jointly by the
Ministry of Agriculture of Mexico and The
Rockefeller Foundation, has since its inauguration in 1943 served as a training center as
well as a research and demonstration agency.
From the early years of the program, the
training facilities have been open to qualified
students from other Latin American countries
as well as to those from Mexico. To continue
and expand this scholarship program, the
Foundation has allocated $70,000 for the year

Grant for Psychiatry
At McGill University
The Department of Psychiatry of McGill
University, a unit of key importance in training professional personnel in Canada both for
the clinical care of mentally ill patients and
for the development of research in mental illness, has been given a grant of C$45,000
(about $47,250) by The Rockefeller Foundation.
The department, established in 1943 with
partial aid from the Foundation, has enjoyed
notable growth and success. The professional
staff has increased from seven to 54; a totally
new psychiatric hospital, the Allan Memorial
Institute, has been developed; clinical teaching units have been set up in four nearby
hospitals; and five research units are in active
operation. Its present budget is supported by
income from more than twenty different

Since 1945, nearly 50 students from eight
Latin American countries have been trained
under the guidance of the staff members of
the cooperative program, in addition to about
220 from Mexico. Most of these are honor
graduates of various Latin American schools
of agriculture, but the scholarships are also
available to advanced workers in governmental and other agricultural agencies.




12

sources. The new grant provides tapering
support for a period ending in 1959.

Public Health Engineering
Program in England Expanded
Public health engineers for West Africa
will be trained in England at King's College
of the University of Durham as the result
of an expanded program of postgraduate
training and research made possible in part
by a grant of £16,000 (about $48,000) from
The Rockefeller Foundation. For over 100
years the University of Durham has had affiliation with Fourah Bay College in Sierra
Leone, West Africa.
On the basis of this relationship, exchange
of students in engineering and visits and consultation by staff members will be arranged.
King's College will also train sanitary engineers for positions in the United Kingdom,
but much emphasis will be put on training for
overseas underdeveloped areas where environmental health factors are a major obstacle to
the progress of the people.

American Studies
In Germany Aided
The Rockefeller Foundation has renewed
its support of the Amerika Institut of the
University of Munich with a grant of $32,800,
available during the next four years.
Established in 1949 with Foundation assistance, the institute is today one of the most
important centers of American studies in
Europe. Its extensive program includes both
general courses in American civilization available to all students at the university, and
more advanced courses leading to the doctoral
degree. The Foundation's grant will make
possible the further expansion of the institute's
library, visits to the United States by members
of its staff, and payment of some other essential expenses.




Grant for New Edition
Of Hamilton's Writings
Although Alexander Hamilton, first Secretary of the Treasury, ranks as one of the major
figures in early American history, the two
previous editions of his writings have long
been out of print, and do not meet modern
standards of accuracy and inclusiveness. To
make possible the preparation of a new edition, The Rockefeller Foundation has appropriated $40,000 to Columbia University, payable when publication of the volumes is
assured.
Serious interest in Hamilton has risen in
recent years as his influence over the economic policies and organization of the young
United States Government has been increasingly recognized by American historians. The
edition of his works planned by Columbia
will make an important contribution to the
understanding of his principles and policies
by including material never before published,
and the critical annotation necessary to link
Hamilton's writings with the events which
give them meaning.

Two Programs Designed
To Encourage Original
Philosophical Work
Believing that philosophy should have
greater significance in American thought and
education, the Western Division of the American Philosophical Association has inaugurated
two programs designed to encourage original
philosophical work. To support these projects,
The Rockefeller Foundation has made two
grants totaling $51,800.
The first program, toward which the Foundation has contributed $40,800, will establish in the region six awards over a four-year
period for sustained work by leading philosophers on salient problems of value, and theories of knowledge, language, and existence.

The second program, nation-wide in scope,
will explore, through conferences and consultation among philosophers and prominent
thinkers in other fields, what can and should
be done to strengthen social and political
philosophy. One aim of this program is the
stimulation of greater interest in the philosophy of democracy. The Foundation has appropriated $11,000 toward the costs of this
program, the sum to be available through December, 1955.

National University
Of Colombia Aided
A Rockefeller Foundation grant of $ 60,000
to the Faculty of Medicine of the National
University of Colombia, at Bogota, provides
for the purchase of equipment for the new
medical school building now nearing completion.
The modern research and teaching equipment provided by the grant will enable the
Faculty of Medicine to utilize the excellent
physical facilities of the new building with
maximum effectiveness. Medical education in
Colombia is undergoing significant development at the present time, and the Faculty of
Medicine of the National University occupies a key position in the program of improvement and enrichment.

Grant Made for History
Of City of Washington
To make possible the preparation of an interpretive history of the nation's capital by
Dr. Constance M. Green, a scholar experienced in this field, The Rockefeller Foundation has appropriated $46,000 over a fouryear period to the American University in
Washington, D. C.
The purpose of the project is to produce a
history of Washington which will provide an




intelligible portrayal of the growth of the
city, its problems, and its potentialities as a
community. It is also hoped that this type of
history of a major city, which is both the
nation's capital and an important community
in its own right, may make a valuable contribution to the development of new approaches to the study of American civilization.
Dr. Green will have the advice and guidance of a committee of American historians
at American University in her work.

Social Science Research
Gets Continued Support
Research in the social sciences will receive
continued support for five years through a
grant of $170,000 to the Social Science Research Council. The new Rockefeller Foundation grant is one of a series begun in 1933,
which now totals more than $500,000.
During recent years, modest grants in aid
averaging under $1,000 each have been made
annually by the council to between 25 and
35 mature social scientists for the pursuit of
independent research. This program represents one of the very few sources of encouragement and support for scholars in less wealthy
institutions throughout the country.

Behavior Studies
OfDr.HebbGiven
Supplementary Grant
The studies of Dr. Donald O. Hebb, of
McGill University, on the physiological basis
of psychological phenomena, which have already produced significant results and challenging leads to new research, will be supported in part by a new grant from The
Rockefeller Foundation of C$58,000 (about
$60,900) for a five-year period, to supplement
a previous grant made in 1951.

OTHER GRANTS MADE IN SECOND QUARTER, 1954
UNITED STATES
The New York Botanical Garden, New York:
research in basic plant biochemistry under the
guidance of Dr. W . J. Robbins, director;
$35,000 for a five-year period;
Connecticut Agricultural Experiment Station,
New Haven, Department of Genetics: research
in genetics under the direction of Professor
Donald F. Jones; $25,000 for a five-year period;
University of Minnesota, St. Paul:

Harvard University, Cambridge, Massachusetts:
The Law School; advancement of the status
of legal and political philosophy through a
convocation on constitutionalism to be held
at Harvard University in commemoration of
the birth of Chief Justice John Marshall of
the United States Supreme Court; $20,000;
A preliminary critique of Soviet social philosophy, under the direction of Dr. Herbert
Marcuse, Russian Research Center; $9,900;

Dight Institute for Human Genetics; research in human genetics; $19,400 as a terminal grant for a two-year period;

A study of the civil liberties doctrines of the
Supreme Court, by Professor Robert G. McCloskey; $7,100;

School of Medicine, Department of Physiology; work in mathematical biophysics;
$19,500 during a three-year period;

A field study of the economic and political
systems of a society in French Oceania, by
Professor Douglas Oliver; $6,415;

A study of the relationship between the legal
systems and the official political ideologies of
modern totalitarian systems, by David Cooperman; $3,500;

Laboratory of Social Relations; research on
the methodology of attitude studies; $6,000;

Institute for Advanced Study, Princeton, New
Jersey: research in history and government by
George F. Kennan; $15,000;
New School for Social Research, New York,
Institute of World Affairs: research on "The
Written and the Living Charter of the United
Nations," under the direction of Professor
Erich Hula; $15,000;
Medical Library Association: foreign fellowships in medical librarianship; $15,000 for the
period ending May 31, 1957;
National Research Council, Conference Board
of Associated Research Councils: expenses of
the Commission on Human Resources and Advanced Training; $12,000, available during the
period ending September 30, 1954;




A study of the training of actors in the
United States and Great Britain, by Professor Robert Chapman, Department of English; $5,000;
A study of the decline in the observance of
the political maxims of the 19th century during the period from 1870 to 1914, by Henry
A. Kissinger; $4,000;
The Law School; completion of special studies in the field of international law, by
Kwang Lim Koh; $1,160;
Preparation of a study of tripartite arbitration, by Bernard Gold and Helmut Furth;
$700;

University of Chicago, Illinois:
The Law School; research into the relationship between large-scale industrial enterprise
and development and use of inventions;
$15,000;

School of Advanced International Studies;
to add to its staff Charles Gamba, lecturer in
economics, University of Malaya, for the
first semester 1954-1955; $4,000;

Studies of Lafayette, by Professor Louis
Gottschalk; $15,000 for a three-year period;
Research on John Law's system of managed
currency, by Professor Earl J. Hamilton;
$7,500;

A study of the proliferation and modification of Marxism during the late 19th and
20th centuries, by Dr. David G. Smith;
$4,000;

A study of the genesis and development of
industrial civilization, by Professor John U.
Nef; $7,500;

School of Medicine, Dr. Jerzy E. Rose; to
serve as visiting professor in the School of
Medicine, University of Chile; $1,450;

Testing of the feasibility of preparing an
anthology on the doctrines and practices of
Islam, by Professor Gustave E. von Grunebaum; $4,000;

Princeton University, New Jersey:

A study of the Lovelace Collection of John
Locke's papers in the Bodleian Library, Oxford University, England, by Richard H.
Cox; $3,800;

A study of the relationship between the disciplines of geography and political science in
their bearing on the study of international
politics, to be undertaken by Professor and
Mrs. Harold Sprout; $22,500 for a four-year
period;

A study of the relation of scientific method
and ethics, by Richard H. Kennington;
$3,100;
Dr. Lester R. Dragstedt, chairman, Department of Surgery; to visit surgical centers in
the British Isles and Europe to observe recent developments in the fields of surgery
and physiology; $2,250;

Research on the origin of modern legal institutions, representative government, and
social philosophy in the West, by Professor
Robert R. Palmer; $17,945;
Yale University, New Haven, Connecticut:

An examination of the role of the Supreme
Court in the judicial system of the United
States as illustrated by the experience of the
195 3-1954 term, to be undertaken by Norman Abrams; $700;

A study of the present state and further
needs of research in mathematical economics
and econometrics, and their relevance to
problems of the economics profession generally, to be undertaken by Professor Tjalling C. Koopmans; $9,975;

Completion of research on labor productivity in French agriculture, by Louis M.
Goreux, University of Lou vain, Belgium;
$625;

Professor John Perry Miller, Department of
Economics; to spend a year in Europe working on a study of industrial organization
and public policy; $9,657;

Johns Hopkins University, Baltimore, Maryland:
Department of Political Economy; a special
program of advanced research training for
professional economists; $39,000;

A study of the concept of property as it was
understood in the political and legal philosophy of the 17th and 18th centuries, by Dr.
Charles Blitzer; $4,000;

Research in the field of protein biochemistry,
under the direction of Professor Emeritus E.
V. McCollum; $5,000 for a one-year period;

A study of the characteristics of history in
the 20th century, by Professor Ralph E.
Turner; $3,500;




16

Burke in Sheffield, England, and to consult
authorities in England and in France on
18th century rationalism; $2,600;

Dr. Nicholas Joseph Giarman, Department
of Pharmacology, School of Medicine; to
serve as exchange professor in the Department of Pharmacology, University of Edinburgh, Scotland; $1,000;

University of Wisconsin, Madison:

Dr. Joseph Lewis Melnick, Department of
Microbiology, School of Medicine; to visit
virus research centers in Israel; $600;

An exploratory study of talent loss in the
United States, under the direction of Professor William H. Sewell, chairman, Social
Science Research Committee; $8,000;

Cornell University, Ithaca, New York:
A study of the role of the arts in Indonesia,
under the direction of Miss Claire Holt;
$31,720 over a three-year period;

A study of philosophic literature concerning
basic concepts in jurisprudence, by Professor Samuel Mermin; $5,000;

An analysis of research materials on psychological stress, by Professor Richard D. Walk;
$4,830;

A study of Anglo-American law at the University of Chicago, by Professor Jaroslav
Mayda; $2,500;

A study of the comparative law of penalties
and forfeitures, by Bernard LaLone, Cornell
Law Quarterly; $700;

A study of "absolute liability" offenses in relation to main currents in contemporary economic and social policy, by Richard R.
Robinson; $700;

University of California, Citrus Experiment
Station, Riverside: research on the mode of
action of insecticides, to be undertaken by Professor R. L. Metcalf; $15,000 for a two-year
period;

Hugh Trevor Wenham, Department of
Plant Pathology; toward the costs of visits
to agricultural, educational, and research
centers in the United States; $700;

American Law Institute, Philadelphia, Pennsylvania: a preliminary survey of the foreign relations law of the United States, by Professor
Edwin D. Dickinson and Adrian S. Fisher;

Conference of scholars and political analysts,
Statler Hotel, Washington, D.C.: to cover the
costs of the conference, held on May 7 and 8,
1954, to review and appraise international relations research with reference to theoretical
approaches to international politics; $3,000;

$10,000;

Philadelphia Museum of Art, Pennsylvania:
interpretive studies of the arts in India, by
Professor Stella Kramrisch; $12,500 during a
five-year period;

Columbia University, New York:
East Asian Institute; further support; $25,000
during the period ending August 31, 1955;

Duke University, Durham, North Carolina:

Research in immunochemistry, under the direction of Dr. Michael Heidelberger; $7,500;

Research on the history of socio-economic
thought, under the direction of Professor
Joseph J. Spengler; $33,000 during a fiveyear period;

Completion of a book on modern Islamic
civilization in India and Pakistan, by Professor S. M. Ikram; $6,250;

Reverend Francis P. Canavan, S.J.; to enable
him to examine the unpublished letters of




Completion of his book on The Role of
l

7

cellular physiology and microbiology, under
the direction of Professor Roy P. Forster and
Dr. Raymond W . Barratt; $10,000;

American Trade Unions in Labor Internationalism, by Joseph Carwell; $6,000;
A study of "historicism," by David Kettler;
$3,300;

Tulane University, New Orleans, Louisiana:
Professor Ferdinand F. Stone, director, Institute of Comparative Law; to visit faculties of
law and institutes of comparative law in
Europe, including Great Britain, to study
techniques and methods in the teaching of
comparative law; $8,500;

Research on the economic growth of Italy
since unification, by Professor Shepard B.
Clough, Department of History; $1,200;
A study of the factual premises in state case
law, by Marcel Lax and Warren F. Schwartz,
Columbia Law Review; $700;

Miami University, Oxford, Ohio: research on
the political aspects of United Nations membership, representation and voting problems,
and their implications for world peace and
order, by Professor Joseph E. Black; $8,500;

Stanford University, Stanford, California:
Continued support for a study of Asian
philosophy and religions, by Professor Hideo
Kishimoto; $3,500;
Revision of his study of The International
City of Tangier, by Professor Emeritus Graham H. Stuart, Department of Political
Science; $2,000;

New York University, New York:
Research on Soviet trade unions, under the
direction of Dr. Solomon Schwarz; $8,075;
Department of Pharmacology; research, under the direction of Dr. Bernard D. Davis;
$6,000 during the period ending December
3i, 1954;

An examination of the abandonment of 19th
century objectives in modern legal analysis,
by Ronald A. Murphy, Stanford Law Review; $700;

University of Illinois, Urbana:
A study of European sales taxes, by Professor John F. Due; $3,750;

Reed College, Portland, Oregon: a study of recent British jurisprudence and the theory of
justice, by Professor Edwin N . Garlan; $7,600;

Professor G. S. Fraenkel, Department of
Entomology; to visit centers of research in
insect physiology in Japan, Southeast Asia,
India, and Israel; $2,000;

City College of New York: a study of the role
of the Teamsters' Union in the American economy, by Professor Robert D. Leiter, Department of Economics; $7,425;

Participation in the program of American
studies at Kyoto University, Japan, by Rodney L. Mott, Colgate University professor
of constitutional law; $1,000;

Brooklyn College, New York: completion of
his study of the work of Justices Holmes and
Brandeis, by Professor Samuel J. Konefsky;
$

University of Virginia, Charlottesville:

Sloan-Kettering Institute for Cancer Research,
New York: expenses of a symposium on trace
elements; $10,000;

Research in problems of American foreign
policy, under the direction of Louis J. Halle,
Jr.; $8,000;

Dartmouth College, Hanover, New Hampshire: an inter-related program of research in

Woodrow Wilson Department of Foreign
Affairs, Professor Charles A. Micaud; to visit




18

France to complete research on a study of
the roots of French Communism; $3,000;
Northwestern University, Evanston, Illinois,
Department of Economics:
T o bring Harry G. Johnson, King's College,
Cambridge, England, to the university as a
visiting professor; $5,000;

at the Conference on Oriental-Western Literary and Cultural Relations, held at Indiana
University during the summer of 1954; $2,000;
Massachusetts General Hospital, Boston: Dr.
Raymond D. Adams, chief of neurology; to
visit neurological centers in Europe, including
England; $2,500;

University of Pennsylvania, Philadelphia,
Professor Robert H. Strotz; a year of study
*
School of Medicine: exchange of senior assisat centers of economic research in Europe;
tants
between that school and the Veterinary
$5,500;
High School of the University of Stockholm,
Northeastern University, Boston, Massachusetts: an exploratory research study of the economics of employing the older worker, under
the direction of William H. Miernyk, director,
Bureau of Business and Economic Research;
$7,500;

Washington University, St. Louis, Missouri,
Department of Sociology: completion of his
section of a community study of Ivrea, Italy,
by Professor Paul J. Campisi; $7,500;
California Institute of Technology, Pasadena:
Professor and Mrs. Harrison Brown; a threemonth visit to India to study Indian mineral
resources; $4,650;
Museum of Modern Art, New York: preparation of a book on the experience of the Museum in widening public appreciation of
modern art during its 25 years of existence;
$4,500;

University of Hawaii, Honolulu: continuation
in Japan of a study of America and Russia in
the Pacific, by Dr. John Albert White, Department of History; $4,000;

Sweden; $2,100;

Purdue University, Lafayette, Indiana: E. C.
Young, Dean, Graduate School; to visit Rockefeller Foundation agricultural programs in
Mexico, Colombia, and Central America to advise on agricultural economics aspects and implications of program activities; $1,950;
Sarah Lawrence College, Bronxville, New
York: to enable Louis MacNeice to spend two
months at the college to teach playwriting in
verse, and to advise on new work in drama,
literature, and music; $2,000;
The Summer Institute of Linguistics, Inc.,
Glendale, California: continuation of a book
on the structure of language and behavior, by
Dr. Kenneth L. Pike; $1,500;
Department of Health, San Juan, Puerto Rico:
Julio A. Perez, director, Hospital Survey
and Construction Bureau; to visit medical
care centers in New York, Boston, Rochester (N.Y.), Ann Arbor, and Baltimore; $575;

Bennington College, Vermont: general expenses of the Bennington Composers' Conference in 1954, 1955, and 1956; $4,500;

Dr. Ernesto Quintero, director, Division of
Public Health; to visit medical care centers
in New York, Boston, and Rochester
(N.Y.); $400;

Indiana University, Bloomington: travel and
living expenses of twelve leading participants

University of Missouri, Columbia: a study of
university nursing schools and continuing




medical and nursing education programs as a
part of regional planning, to be undertaken
by Miss Virginia Hall Harrison, director, Division of Nursing Education; $1,000;

Denmark
University of Copenhagen, Institute of Human
Genetics: research in the genetics of mental
defect, under the direction of Professor Tage
Kemp; 96,000 Danish crowns (about $14,200),
for a five-year period;

CANADA
University of Toronto:

Finland

Faculty of Medicine, Department of Medicine and Department of Hygiene and Preventive Medicine; teaching and research in
medical care; C$27,750 (about $29,150),
for a three-year period;

University of Turku, Medical Faculty: purchase of equipment; $6,200;

France

Department of Slavic Studies; departmental
budget; C$9,000 (about $9,450);

Bibliotheque Nationale, Paris: completion of
a union catalogue of the Slavic collections in
the libraries of Paris; 7,200,000 French francs
(about $21,600);

McGill University, Montreal:
Editing and preparation for publication of
selected papers of the late Professor Robert
B. Warren, Institute for Advanced Study,
Princeton, New Jersey; $9,900;

University of Paris, Faculty of Sciences:
travel expenses of American delegates invited
to participate in a colloquium on the Physiology of Plants Grown in Tissue Culture, held
in France in July, 1954; $2,400;

Department of Genetics; research in human
genetics under the direction of Dr. F. Clarke
Fraser; C$7,500 (about $7,900);

Germany

Examination of the literary remains of the
British Hegelians at Oxford University, by
Dr. Jonathan Robinson; $1,100;

University of Hamburg: Dr. Bruno Snell; to
visit centers of linguistic study and to observe
university administration in Europe and the
United States; $300;

University of Saskatchewan, Saskatoon, College of Medicine: visits to medical education
centers in the United States and Canada, by
seven professors and assistant professors;

Italy

$6,000;

University of Naples, Institute of Genetics:
research in genetics, under the direction of
Professor Giuseppe Montalenti; 15,000,000
lire and $1,000 (about $28,000), during a fiveyear period;

McMaster University, Ontario, Department
of Chemistry: research in enzymes by Professor S. S. Kirkwood; C$6,000 (about $6,300);

EUROPE

University of Pisa, Department of Physiology:
support of teaching and research in neurophysiology, under the direction of Professor
Giuseppe Moruzzi; $25,000 for a five-year
period;

Belgium
Institute of International Relations, Brussels:
a conference on the integration of Germany in
Western Europe; $8,000;




20

Charles H . Wilson, Jesus College; to visit
American universities and research centers
in connection with his research in economic
history; $2,550;

Netherlands
University of Utretcht, Institute of Clinical
and Industrial Psychology: teaching and research, under the direction of Professor D. J.
van Lennep; 33,480 Dutch florins (about
$8,900), during a three-year period;

Aubrey Silberston; to visit American universities, government agencies, and industrial
centers in connection with his research in
industrial organization; $1,245;

Norway
University of Oslo:

University of London:
Imperial College of Science and Technology; support of a research program on the
physical and chemical properties of water,
under the direction of Dr. B. J. Mason;
£6,000 (about $18,000), over a three-year
period;

Research in the epidemiology of mental
disease, under the direction of Professor
0rnulv 0degard; 105,000 Norwegian
crowns and $2,000 (about $17,000), for a
three-year period;
Faculty of Sciences; research on the chemistry of nucleic acids, under the direction of
Dr. Soren G. Laland; $2,000;

King's College; a further contribution toward the purchase of an electron microscope to be used in research in biophysics,
under the direction of Professor J. T . Randall; $6,000;

Professor Trygve Braarud; to visit marine
biology research centers in California while
in the United States; $660;

Sir Henry Clay; assistance in a program of
study and writing; $15,000, during a threeyear period;

Sweden
Stockholm School of Economics: Professor
Bertil Ohlin; to visit American universities and
research centers; $1,500;

Oxford University:
Nuffield College:
Completion of his volume of Reflections
on International Administration by Dr.
Alexander Loveday; $7,000;

Switzerland
University of Bern, Theodor Kocher Institute:
purchase of equipment and assistance to foreign guests invited to work at the institute;
$25,000 during a four-year period;

Preparation of a study of political
thought during the period of the French
wars of religion, by Dr. Kenneth D. McRae; $3,500;

United Kingdom
All Souls College:

Cambridge University:

T o enable Professor H. J. Habakkuk to
spend the academic year 1954-195 5 as
visiting professor at Harvard University;

Board of Extra-Mural Studies; expenses in
connection with a Fulbright Conference on
American Studies held at Peterhouse College
in the summer of 1954; $9,000;

$1,000;

King's College; revision of his book on Disarmament by Philip Noel-Baker; £1,900
(about $5,700);




Bristol University: continued development of
its program in drama; $15,300 for a five-year
period;
21

St. Andrews University, Scotland:

Victoria University of Manchester:

Department of Biochemistry; purchase of
equipment; £560 (about $1,700);

A field study of economic stability, change,
and differentiation in villages of southern
India, by Mrs. Trude S. Trent; £2,975
(about $8,900);

Department of Botany; research in plant
physiology, under the direction of Dr.
Leonard W. Poel; $1,200;

A study of the role and influence of civil
services in Western European countries, by
Dr. Brian Chapman; $6,300;

NEAR EAST
Israel
Israel Foundations Trustees, Jerusalem: virus
studies, under the direction of Dr. N. Gold-

Birmingham University: studies of California,
Texas, and New Mexico as a disputed frontier
area between European and American powers
1821-1850, to be undertaken by Professor J.
A. Hawgood; $2,350;

blum; $10,000;

Lebanon
American University of Beirut, Faculty of
Medicine: Dr. Leonardo Giaccai, chairman,
Department of Radiology; to visit radiological
centers in the United States and Canada to observe new methods and techniques in radiotherapy; $2,500;

National Institute of Economic and Social
Research, London: completion of an inquiry
into the recruitment of industrial management
in Great Britain, under the direction of Miss
Charlotte J. Erickson; £1,670 (about $5,000);
British Medical Research Council, London:
Dr. Jeremy N. Morris, director, Social Medicine Research Unit; to visit research centers
in the United States to observe work in the
epidemiology of chronic diseases, social medicine, and the teaching of preventive medicine
to medical students; $1,150;

Turkey
University of Istanbul: Professor Vahit Turhan, Department of English; to gain a direct
acquaintance with work in the general field
of American studies in the United States and
Canada; $8,100;
University of Ankara: continuation, principally in Great Britain and France, of a study
of the relations between the United States and
the Near East during the second half of the
19th and the first years of the 20th centuries,
by Professor Akdes Nimet Kurat, Department
of History; $1,200;

St. George's Hospital, London: Miss Muriel
Betty Powell, matron; to observe nursing
schools and nursing service institutions in
North America; $1,700;
Middlesex Hospital Medical School, London:
Dr. James F. Tait; to extend for two months
his visit to research centers in biophysics in the
United States and Canada; $1,100;

AFRICA
Union of South Africa

University of Liverpool: Dr. T. W. Goodwin; to visit centers of research in biochemistry
in the United States; $1,200;




Council of Education, Witwatersrand, Johannesburg: to bring a qualified North American
to South Africa for a pilot inquiry into the
22

problems of education in the Union of South
Africa; $3,500;
I N D I A
Indian Council of World Affairs, Delhi:
studies of Indian-United States relations to be
undertaken in cooperation with the Council
on Foreign Relations, New York; $20,050
during a two-year period;
Stanley Medical College, Madras: Dr. A.
Ananthanarayana Ayer, chairman, Department
of Anatomy; to observe modern trends in
medical teaching and research with special
reference to anatomy, in the United States,
Canada, and Europe; $4,450;
Conference of Indian medical educators: discussion of undergraduate medical education
in India; $5,000;
Darbhanga Medical College, Bihar, Patna:
purchase of equipment to be used by Dr. N . L.
Mitra, head, Department of Anatomy; $5,200;
Ministry of Education: K. G. Saiyidain, joint
secretary; to visit the United States and Canada
for conferences on Indian culture and education; $3,250;

FAR EAST
Australia
Walter and Eliza Hall Institute of Medical
Research, Melbourne: Eric Lancelot French;
to visit United States diagnostic and research
centers in the field of virus, rickettsial, and
systemic fungal diseases; $2,150;

Hong Kong
University of Hong Kong: Dean R. Gordon
Brown, Faculty of Architecture, and Professor
E. Stuart Kirby, Department of Economics;
for travel and maintenance while studying
principles and experience of government mass
housing programs; $8,000;




Indonesia
University of Indonesia, Djakarta: S. Sumardja,
director, Department of Art Education, Technical Faculty of Bandung; to observe art
education in other countries; $5,000;

Japan
Tokyo University Medical School: Professor
Yoshio Mikamo, Department of Medicine; to
observe methods in teaching hospitals in the
United States; $3,100;
Yoshinobu Ashihara, Tokyo: to enable him
to gain a direct acquaintance with current
architecture in Europe; $1,000;
Kyushu University, Fukuoka: Miss Masuko
Otake, Faculty of Education; to spend a month
in the Philippines to study comparative education; $900;

Korea
National Museum of Korea, Seoul: for the
encouragement of contemporary work in the
arts, under the direction of Dr. Kim Chewon;
$14,760 during a three-year period;

New Zealand
Otago University Medical School, Dunedin:
Dr. John Bruce Howie, Department of
Pathology; to visit hematological centers in
the United States and Canada; $1,750;
Dr. Frederick H. Smirk, Department of
Medicine; to visit certain medical centers in
the United States and Canada to observe
hypertensive and cardiovascular research,
as well as recent advances in the practice and
teaching of general medicine; $1,000;

Philippines
University of the Philippines, Quezon City:
costs of the services of John E. deYoung,

partment of Medicine; to observe modern
trends in the teaching of internal medicine in
the United States; $2,700;

American sociologist, for a second year;
$5,000;

Singapore
Ministry of Agriculture, Santiago: Ing. Mario
Astorga C , director general of agriculture; a
60-day visit to the Mexican and Colombian
agricultural programs and to the New York
office of The Rockefeller Foundation; $2,750;

University of Malaya, Singapore: purchase of
teaching materials in art; $1,000;

LATIN AMERICA
Brazil

Honduras

Secretariat of Agriculture, Campinas, Sao
Paulo, Institute of Agronomy: purchase of
equipment and supplies for field and laboratory
research on insect ecology; $10,000;

Pan-American Agricultural School, Tegucigalpa: scholarships to be awarded to outstanding graduates for study in agricultural colleges
in the United States; $30,000 during a fouryear period;

University of Sao Paulo:
Faculty of Veterinary Medicine, Department of Animal Husbandry; purchase of research equipment and supplies for research
in animal nutrition, under the direction of
Dr. Fernando Andreazi; $5,800;

Mexico
National University of Mexico, Mexico City:
Institute of Chemistry; research by Dr.
Owen H. Wheeler; $4,500 during a oneyear period;

Faculty of Medicine, Ribeirao Preto; Dr.
Ruy Ferreira Santos, head, Department of
Surgery; to visit recognized centers for
undergraduate and graduate (internship and
residency) teaching of surgery in the United
States; $3,100;

Biology Department; Dr. Leonila Vazquez
G.; to visit scientific institutions and museums in the United States; $1,850;

Peru

Mandaqui Tuberculosis Hospital, Sao Paulo:
Dr. Gabriel Martins Botelho, chief surgeon;
to visit recognized centers of thoracic surgery
in the United States; $2,550;

University of Cuzco: Professor Cesar Vargas
C ; to visit potato research centers in the
United States; $2,825;

Medical School of Para, Belem: to enable Professor Mario Machada Sampaio, Department
of Histology and Embryology, to accept an
assistant professorship in the Department of
Anatomy, Louisiana State University School
of Medicine; $600;

Uruguay
University of the Republic, Montevideo, Faculty of Veterinary Medicine: research in poultry pathology and animal genetics; $10,000;
Ministry of Public Health, Montevideo, Institute of Biological Research: toward the salary
of a secretary-librarian over a 12-month period; 3,000 Uruguayan pesos (about $1,000).

Chile
University of Chile, Santiago, Medical School:
Professor Hernan Alessandri Rodriguez, De-




24

FELLOWSHIPS
The 68 fellowships awarded by the Foundation
during the second quarter of 1954 were distributed
among the divisions as follows: Medicine and
Public Health (DMPH), 29; Natural Sciences and
Agriculture (DNSA), 21; Social Sciences (DSS),
8; and Humanities (DH), 10.
Below is a listing of the 18 fellows whose awards
became active during the second quarter:
BOLLACK, CLAUDE (France) b. 1925. M.D., Univ.
of Strasbourg 1952. Medicine (DMPH). Appointed from Univ. of Strasbourg. Place of
Study: U.S.A., 1954-.
DE CAPRARIIS, VITTORIO (Italy) b. 1924. LL.D.,
Univ. of Naples 1945. History (DH). Appointed from 1) Italian Inst. of Historical Studies, Naples; 2) Paris. Place of Study: France,
1948-49, 1954-.
ELKINS, STANLEY M. (U.S.A.) b. 192$. M.A.,
Columbia Univ. 1951. History (DH). Appointed from Fieldston School, Riverdale, New
York. Place of Study: U.S.A., 1954-.
(Philippine Islands) b.
1917. Literature (DH). Appointed from the
Free Press magazine, Manila. Place of Study:
Spain, 1954—.
KELLEY, GERALD BAPTISTE (U.S.A.) b. 1928.
Ph.D., Univ. of Wisconsin 1954. Intercultural
Understanding (DH). Appointed from Univ.
of Wisconsin. Place of Study: U.S.A., 1954—.
LORDELLO, Luiz GONZAGA ENGELBERG (Brazil) b.
1926. Agr. Eng., Univ. of Sao Paulo, Piracicaba,
1948. Zoology (DNSA). Appointed from Luiz
de Queiroz School of Agric, Piracicaba. Place
of Study: U.S.A., 1954-.
MACKEY, JAMES FREDRIK (Sweden) b. 1919. Agr.
Lie, Royal Agric. Coll. of Sweden, Uppsala,
1953. Plant Science (DNSA). Appointed from
Swedish Seed Assoc, Svalof. Place of Study:
U.S.A. and Canada, 1954—.
MCKITRICK, ERIC LOUIS (U.S.A.) b. 1919. M.A.,
Columbia Univ. 1951. History (DH). Appointed from Columbia Univ. Place of Study:
U.S.A., 1954-.
MIELKE, FRED (Germany) b. 1922. M.D., Univ.
of Heidelberg 1951, Medicine (DMPH). Ap-

pointed from Univ. of Heidelberg. Place of
Study: Switzerland, 1954—.
Luis EDUARDO (Honduras) b.
191$. Ing. Agr., School of Agric, Cali, Colombia, 1939. Agronomy (DNSA). Appointed from
Pan-American Agric. School, Tegucigalpa.
Place of Study: U.S.A., 1954—.

MORCILLO DOSMAN,

(Philippine Islands) b.
192$. M.A., Univ. of the Philippines, Quezon
City, 1952. Literature (DH). Appointed from
Univ. of Kansas. Place of Study: U.S.A., 1954—.

MORENO, VIRGINIA REYES

(Japan) b. 1909. D.Agric, Kyoto
Univ. 1945. Soils Science (DNSA). Appointed
from Saikyo Univ., Kyoto. Place of Study:
U.S.A., 1954—.

MORITA, SHUJI

(Australia) b. 1927. M.A.,
Canterbury Univ. College, Christchurch, New
Zealand, 1949. Geography (DSS). Appointed
from New England Univ. College of the Univ.
of Sydney, Armidale. Place of Study: England,
1954-.

ROSE, ARTHUR JAMES

JOAQUIN Y MARQUES, NICK




(Brazil) b. 1917. M.S., Univ.
of Minnesota 1946. Plant Breeding (DNSA).
Appointed from Eliseu Maciel School of Agron.,
and Agron. Inst. of the South, Pelotas. Place of
Study: U.S.A., 1954—.

SILVA, ADY RAUL DA

(Chile) b. 192$. M.D.,
Univ. of Chile, Santiago, 1951. Internal Medicine (DMPH). Appointed from Univ. of Chile.
Place of Study: U.S.A., 1954-.

TORIELLO SOTO, LUCIA

(Sweden) b. 1919. Fil.
Lie, Univ. of Lund 1952. Sociology (DSS).
Appointed from Univ. of Lund. Place of Study:
U.S.A., 1954-.

TORNQVIST, KURT LENNART

(Netherlands) b. 1918. Dr.
Tech. Sc, Technological Univ., Delft, 1952.
Microbiology (DNSA). Appointed from Technological Univ. Place of Study: U.S.A., 1954—.

VERHOEVEN, WILLEM

(Mexico) b. 1931.
Chem., Nat'l Autonomous Univ. of Mexico
1952. Organic Chemistry (DNSA). Appointed
from Nat'l Autonomous Univ. of Mexico. Place
of Study: U.S.A., 1954—.

WALLS ARMIJO, FERNANDO

GENERAL EDUCATION BOARD
SECOND QUARTER, 1954
The council was founded in 1952 by a
group of business leaders and educators. Irving
S. Olds is chairman of its board of directors,
and its president is Dr. Wilson Compton,
former president of the State College of
Washington. By providing information, research, reporting, and consulting services, the
council hopes to encourage both increased
aid to colleges and universities, and continuing self-examination by these institutions of
the competence of their own structure and
educational programs. It will, however, urge
that business avoid any temptation to control
education by attaching conditions to its gifts,
and will stress the obligations of both the
business community and educational institutions to the larger cause of freedom.

Board Makes $150,000 Grant
To Support Council for
Financial Aid to Education
American colleges and universities have
long played a leading role in the defense of
a free society. Yet, although awareness of the
values of higher education has never been
greater than it is today, both state-supported
and private colleges and universities have
found the problem of financial support increasingly difficult. The Council for Financial
Aid to Education, Inc., with the aid of a
$150,000 grant from the General Education
Board, and support it has received from other
foundations, has organized an extensive service designed to secure for institutions of higher
education greater financial assistance from
American business concerns, labor unions, and
other organizations.




The Board's grant will be used toward the
council's general expenses during the next
three years.

26




July 2, i954

Mr. H. Malcolm Gillette
Comptroller, The Rockefeller Foundation
49 Weet 49th Street
New York 20f New York
Dear Mr. Gillette:
Tluuik you very muchforyour letter of June 29
and the enclosed check lor $26• 662. 50, representing the
first semi-annual payment for the year 1954-55 for the
History el the Federal Reserve System. We are very glad
to acknowledge receipt of this check* and the annual
statements of receipts and expenditures will be supplied in
accordance with your request.
Sincerely yours,

\L PC
President
cc:

Miss Adams
Mr, Woodward

with

of M r

Gilletteis

letter

ings <3ftt!siti:uium

1, 1954

Mis® flora M» Khind
Secretary
The Rockefeller Foundation
49 Vest 49th Street
Sew fork 20, New fork
Bear Miss Bhindt
X should like to acknowledge with profound gratitude
your l e t t e r of May 24 advising us of the action taken by the
Executive CojBBdttee of the ^Rockefeller Foundation on May 21,
appropriating $310,000 to the Brooking® Institution for the
pffeparatieii of & hiatory of the Federal Beserve Sy»t«a. I t is
understood that this grant i s in addition to the previous
appropriation of $10,000 for en exploratory study, and that
the coiabined sums are available for the period ending Hay 31,
1959.
I t i s also our understanding that the project will
be administered jointly by the Brookings Institution and the
Coaaittee on the History of the Federal Reserve System* In
accordance «ith your suggestion, we shall submit annual budgets
and we shall be glad to receive payment on a semi-annual basis
in accordance with the budget submitted*
Sincerely your a9

Preside t

cc: Mr, Woodward
Miss Adems is
Mr, Akers
Miss Maroney
Mrs. Wilson




THE ROCKEFELLER FOUNDATION
Announcement of Grants
The Rockefeller Foundation is primarily a grant-making organization.
Except to a limited extent, in public health and agriculture, the Foundation
does not itself engage in research and experimentation, or furnish services
in particular fields; rather it seeks to advance its charter purpose "to promote the well-being of mankind throughout the world" chiefly through
grants to universities, research institutes, and other qualified agencies conducting work within the scope of the Foundation's program.
Since its establishment, the Foundation has followed the practice of
recording its grants in an Annual Report that appears early each year.
More recently this has been supplemented by Quarterly Reports in which
brief announcements of grants are published soon after they have been
made. Through these reports the Foundation seeks to fulfill its responsibility of accounting to the public for the current use of funds it holds in trust.
Consequently, the Foundation has no reason to ask recipients of its
grants to make any announcement of them. Recipients who do wish to
acknowledge publicly receipt of funds may do so, either by routine reference or by similar listing in their Annual Reports. If occasionally special
circumstances make desirable some further announcement that involves
interpretation of the Foundation's action in making the grant, the officers
of the Foundation will appreciate the opportunity of seeing such announcements before they are made public.
Since the Foundation neither expects nor desires that the results obtained
in research or other projects supported by its grants should be submitted to
the Foundation for approval, there should be no acknowledgment of the
grants in prefaces of books or in similar usages which might imply or suggest that those results carry the specific approval of the Foundation.
While the Foundation's action in making a grant carries implicit
approval of the proposal for which the grant is made, the recipient, and not
the Foundation, is responsible for giving effect to the proposal and for its
results. Therefore, no reference of any kind should be made by the recipient implying that the Foundation has control over the project or any
responsibility for its results.
The Foundation requests particularly that its name not be used on
jackets or in any advertising of books or in designating projects, fellowships, laboratories, or buildings toward which it has contributed.
RF-M154




May 5, 1954

Mr. Joseph H. VlXUts
The Boekefeller Foundation
49 Vest 49th Street
Hew York 20, Hew York
Dear Mr. WUlits*
Thank you very much for your letter of April 30,
advising us that the grant GA £S 5404 to the Brooking*
Institution for an exploratory study of historical
materials relating to the Federal Reserve System has
been extended to September 30, 1954* We appreciate
deeply your action in making this extension possible.
It will permit us to go right ahead with the work
Miss Adams has so ably directed*




Sincerely yours.

President

Mrs* Vllmm
Miss Adam* .




/

4uM~a 4 A ^ > V

mg* <3ltts:ttiuium
6, JL dL

April 28, 1954

Dr. Josephfi,Villits
The Kockefeller Foundation
49 Vest 49th Street
Hew York 20, New York
Dear Dr. ViUitsj
Miss Harris has just discussed with me the aatter of
extending the present grant for the Cosaaittee on the History
of the Federal Reserve System. On April 20 I requested an
extensioa to the end of May, X understand that you are now
disposed to extend the grant until the funds are exhausted,
or until September. We shall be very glad, indeed, to have
you extend the grant for either period.
We feel certain that these funds can be very fruitfully
applied for the further exploratory work of Miss Adams and
the Committee*




Sincerely yours,

President
)£r*

Him

Mm*

April 20, 1954

Dr. Joseph E»
Thd EooJtefsllar Foundation
49 iWl 49ta Street
• » • Tor* 20,

Sear B *
On January 21 the Boafeefeller Foundation ;**de
£10,000 to the Sroofeinge Institution for em exploratory study
of historical aatexl&ls minting to the Federal Mmrv* Systesu
This grftiat m s for u#e curing th« period eudlng April 3Uy 1954,
\m* to b« a<^iai«t©x«d by th« Brookings Institution in eolwith the Conadttse os tne History of the Fedsrsl
Mmtmrrm

Aa jfou knawf Hiss Hildr»d A4uui has beoii in charge of this
exploratory ^ork« As her progretft reports hare ahown, ahe hus
turned up * great wealth of aaterlal and hais import&nt dues to
farther a&t®ri&la i^hioh we hope au^ bett&deavsdlable to the
ffMilttee. I atoll not review in ttiie at&tememt the yeriety of
aaterlalff wiiich shs h&s uncovered. H«r o^m revtev i s ^reaemted
in earlier aesoranda, ^hleh 1 believe you IN** reeeiT^i, and likewi#« in Vim doaiment ubieh th« Go«alttee i s sending you today,
r*€fue8tJU% a further grfeat for the continuation of thia
In this letter I aheuld like %o request formally m extension
of the existing grant froa the period April 30 to fey 31, 1954*
Thi* request i s being filed at the aug^eatloa of t&$ Cowsitte# iu
order that we may have the benefit of Ml«$« Adams* services during
the •on^h of May jmd until the request far & auppleaentary firarit
•an be aoted upon* If • further gr*at i s obtained w« intand to
continue Kiss Adaaa on thftfl tLsai^naent* For the next tmt
she would pursue hor exploratory work, Siici thereafter b*
to reseeroh activities* We h^limrm Ustfl ere distinct
in coatiauin^ her aervloes vitbaut lat«rruption. An extension of
this grant for on# south would permit ua to leiM eera of her salary
«md other expenses for tftat period* to &it« th® Institution has
expended only about half of the grant, m that Uiere &r@ Miple funds
for meeting the expanse* in th^ aonth of M«y, i f the extension can bo




Dr, Willit*

*

-2-

A/20/51

A further re&son for this extension Is to perait Mis* *d«»* to
cosiplete ftoae- of tiie work begun during the >*»t few months, t h i s she
would need to do oven though the funds for & continuation of this *<<ork
vere not fozi&oo*in&» In *Sew of the p o s s i b i l i t y thst the
be willing to nak« « attppXo&snt&ry grant for thi« ve»rk, ve
an «xt«n«ion only for th# suanth of ;4«.y.
X have ^aaf#i*r®d with HI as Ad&ms &ad th« Ooiisitt«e r*£*rding th«
project which i s bdiu^ nubaitted to ^ou todfty* A« IMIQIJ »s I hlMW roM fln«I oopy of this r«qu»st I ahfell &m& jou a foraH state*
«sxpr«©sin^ th« v i l l i u g a e s t of the Braokirjgs Institution to t c t s i
flso&l sgo^t «nd to oooper&te witli HM C<namitt«« 1B tb^ ootxtittucttion of
this work, tfhils « rnaaber of details r«g&rdia^ pujblloction &ad
op«r«tiGg pr*otic«* hWi not y t t b®«s &gr«*d upon# our informal
disous«io&« of far «v«ry Indies tlon tii«t t^i9»« sutttara can 'o« s#ttlad
without dlffioalty ^wa Va« oaaattlon &ri#««« Th# Institution i s
gl&d to eoojMXitte in this undertaking, &nd in this expressicsga I
report the T1«V« of both th« AdTiaory Gouacil of MM Institution^ the
Cheltmtm of the So&rd, &ad oth^r messhsra i f this Trustees with wnois I
h«7e had an opportunity to olseuss the M%|sjr« Th# &rr»ng9«i«it will
b« «ubaitt#d foraally for r t t i f i c a t i o n to our Board of Trustoes on
H*y Li* ftlRci I hev« ev«*r/ re* son to sxp#et « ooaplete «adorsea«at of
the Actions taken*

Sincerely youra,

Prasideat

CCJ

Mr, Lslend DeVinney

rtr. Atari
Hiss M&roney
Mrs. Wilson




i

THE ROCKEFELLER FOUNDATION
49 WEST 49th STREET, NEW YORK 20

C A B L E

T H E SOCIAL SCIENCES
JOSEPH H. WILLITS, DIRECTOR
LELAND C. DE VINNEY, ASSOCIATE DIRECTOR
ROGER F. EVANS, ASSISTANT DIRECTOR
FREDERIC C. LANE, ASSISTANT DIRECTOR

lf»«*»/»Vl
MaJTCil

Oil
Cl\}

Bear Hiss Adams:
On behalf of Mr* lillits, I should like to
acknowledge and thank you for your letter of March 22
and for the copy of the report which you have sent to
the Committee.
I am sure that Mr. Willits will read this
report with interest*
Sincerely yours,

Ruth H# Inghram
Secretary to Mr. Willits
Miss Mildred Adams
Committee on the History
of the Federal Reserve System
33 Liberty Street
New York U5> New York
RHIJS




A D D R E

SS:

ROCKFOUND, NEW YORK




fferdi ?2, 1954

Dear Dr, Villlte:
W* thought 70U might like to have it
akeletoa preview of the proposal a* it 1*
tap.

I mP

therefore^ enclosing a copy of a report

vhich X « ending to the Ck»Kitt#e today. Xem
^ t U \»der»tand of course that this has not been
approved by th«*f but It does serva to shov how
thiugg ar©

Mildred Adams

Dr. JFoMpii H. ISUllti
Director, Ihe Social
The Rockefeller
Vest 4 9 % Street
Hew Tork 20 f B w lork

C.c: Mr. D. B. Woodward

THE ROCKEFELLER FOUNDATION
49 WEST 49th STREET, NEW YORK 20

CABLE ADDRESS:

THE SOCIAL SCIENCES
JOSEPH H . WILLITS, DIRECTOR
LELAND C. DE VINNEY, ASSOCIATE DIRECTOR
ROGER F. EVANS, ASSISTANT DIRECTOR
FREDERIC C. LANE, ASSISTANT DIRECTOR

ROCKFOUND, NEW YORK

March 16, 1951*

Dear Don:
Thank you for your letter of March 2, telling of
the progress made by the Committee on the History of the
Federal Reserve System*
Your progress report gives evidence of the amount
of material that needs to be worked over if a definitive
history is to be "written* I congratulate you upon what has
been done so far.
Enclosed is a copy of the letter from Arthur Cole
about which I spoke to you over the telephone.
Sincerely yours,

Mr. Donald B. Woodward
Committee on the History of
the Federal Reserve System
33 Liberty Street
New York k$9 New York
JHW:rhi
Enclosures




/

COPY
COMMITTEE ON RESEARCH IN ECONOMIC HISTORY

Arthur H. Cole, Chairman
22 Holyoke House
Cambridge 38
Massachusetts
February 26, 195h
Dr. Joseph H. Willits
Rockefeller Foundation
k9 West U9th Street
New York 20, New York
Dear Joe:
Yesterday I spent the forenoon with Miss Mildred Adams
of the Federal Reserve Bank of New York. She told me of a project
for a large-scale history of the Federal Reserve system — a
project in which somebody hoped to interest your Foundation* I
gathered
that there had been preliminary talks with you, and that
tf
theytt were planning to have an outline ready for submission to you
by mid-April.
From Miss Adams1 conversation, it seemed likely that the
Board or New York Bank or whoever is fathering the scheme would be
dependent upon us for personnel, perhaps some advice, reading of
manuscripts, etc•
Accordingly, my egocentric — or, at least Committee-centric
— mind propounded the questions:
1« Should the Board of Bank not be encouraged to ask the
Committee to do the job for it — on the thesis that a history
sponsored and written by any institution, whether public or private,
does not carry as much public persuasiveness as one developed by an
outside, objective person or organization}
2. Should not our Committee be denominated this latter
sort of organization — for this important study; and
3. Could not this project be used to stimulate interest in
and training for banking history in this country, where now there is
practically nobody working in the field?
I think that Y * will see the possibilities in the situation.
We would, of course, set up a special supervisory group, to include
practical men.
Sincerely yours,
/s/ ARTHUR H. COLE
AHC/m



THF ROCKEFELLER FOUNDATION
NIV

March

Dear Arthur*

Thank you for your letter of February 26*
I have passed on your suggestions about the
history of the Federal Reaerve System to Don Woodward, who
is the guiding spirit in the planning of the history• What
will happen I don't know, but X think the initial arrangements have been made with The Brooking© Institution*
X am sending a copy of this letter to Don Woodward.
Perhaps you will want to get together for a talk.
Sincerely yours,

JOSEPH H. WfLLfTS
professor Arthur H* Cole
Chairman
Committee on Research in
Sconosde History
22 Holyoke House
Cambridge 33* Massachusetts
JHWtrhi
cci Mr* Donald B* Woodward




Y w r 20, NT Y

Your l e t t e r for Mr* Woodward1s signature revised.

March 2 f 195U

Dr. Joseph Wiliita
Rockefeller Foundation
U9 West U9th Street
New York 20, New York
Dear Joes

It is six weeks since we started work with Rockefeller
funds on this pilot project to map and survey sen's manories and
unpublished material vhich would be needed for a definitive study
of the Federal Reserve System, In another six weeks we hope to
have ready for your consideration the proposal for the main project
toward which this pilot project leads.
At this mid-point we thought you might like to know how
the pilot project is going.
Very sincerely yours9

Secretary

Miss Adams: life added the following to Page 2.
DBW:lw
Enclosure




The papersof Adolph Miller have been located by his
Sister-in-law, Mrs, Wesley C. Mitchell who wishes
the Committee to accept them*