Part 1 - The Institute Libraries - Institute for Advanced Study

The documents In the case cozpletely settle the issue, Me
.ere obliged by every possible consideration of decency to
the Rockefeller Foundation, to Princeton University, and to
Dr. Swanq and any reconmendation that looks to disposing of
the library would be a disgrace to the Institute.
I do not believe it is possible or desirable at this tirrre to
figure out what an Orientel Institute may some day cost, It
throws no light on our problem.,..
Every institution in this country that ts worth fts salt has
grown and expanded in unexpected fsshfon. You did not know
when you went to Svarthmore that you would get the money to
finance honors work, nor did you know how much it would cost.
You had'faith, and faith moves mountains.
L hzve faith in the original conception of t k Institute, as
Sir;;on had fzith in his original conception of the Rockefeller
Institute. Little did he drezm when Mr. Rockefeller gave him
$200,000 that before he retired Mr. Rockefeller would havk
given his, between sixty and seventy millions.
Our question is not the future, which we cannot foresee, but
the present, and I am mch more concerned about the present
than I srn about the future, for upon the present the future
is going to depend. 5 7