Part 1 - The Institute Libraries - Institute for Advanced Study

over the "transferm of the three men,
Trustees, faculty and a lml in some numbers judged that the A?
Institute hzd acted unethically, or at least in very bad taste. There was
much feelfng.against the neucmers to peaceful Princeton, whose first
school was a guest of the University at Fine Hall, (albeit a paying guest)
the finest and newest building on campus. However, even without that
grievance, relstions between the staffs of the two institutions were
bound to be difficult. The lot of those who had left was so much better
than thot of their colleagues a t the University, in salaries, retirement
ben~fits, vacations, and the promised freedom to resarch as they chose
withott any routine obligations. Strangers to tha wqus working for the
Institute mighthsve kept their good luck more or less secret, at least
as t o rztes. But it was certain thet Professor Yeblen did not. As Fine
Professor he had been receiving the highest selary in the kpartment of
ktherratfcs; now, without hawing changed at all, he recekved one-half
agsin as much. Xis retirement pension equaled the salary of s~me of
Princeton's best, and exceeded the pay of some of the best professors in
the country. And as for the promise of pensions for widows of professors
in addition, a thing which cost much in regular Teachers Insurance and
Annuity Association contracts, based on accepted stock-cm,pny insurance
practices, that looked like sheer gold te the beleaguered Princeton bi-
versity faculty members, most of &om on retirement looked forward to
inadequate pensions for themselves, without having mde contingent pro- -
vision for their wives.
Though Dr. Flexsler hopsd tbt the Institute's example would
have a salutary effect in institutions throughout the country, and there-
!