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Part 1 - The Institute Libraries - Institute for Advanced Study

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-328-<br />

were place3 be<strong>for</strong>e the Bwrd <strong>for</strong> action, friendly consent and cooperation<br />

would probably heve marked this important step, which succeeding genera-<br />

tions at the fnstitute.have appreciated so richly.<br />

<strong>The</strong> Cornittee closed its purchases in 1936, acqutring 265 acres<br />

of field, woodlsnd and meadow, a very small part of which was relatively<br />

elevated and bordered on Fkrcer Street. That Mr. &ass, a city man, had<br />

suddenly come to appreciate acrezge gua acretge wzs shown when he reported<br />

that "the land owned by Princeton University and the <strong>Institute</strong> now cam-<br />

prised about 3,000 acresmm <strong>The</strong> total cost of all the parcels, of the<br />

remodeling of 69 Alexander Street, rephiring Olden &nor and renov~ting<br />

two tenant houses on the Fzm, and of incidental expenses such as surveys,<br />

taxes, fees, etc., vat ~235,694.~~ <strong>The</strong> Hale and the Battle Park tracts --<br />

these added straws which tested the Founders' charity -- lay to the west<br />

of the Farm, and included a part of the historic battlefield vhcre the<br />

troops of Generals Washington ar.d Mercer routed General ~ornballis from<br />

Princeton a few days after the crossing of the Delaware and the capture<br />

of Trenton.<br />

That Mr. Maass was well aware of the disfavor In which the<br />

Cormnittee was held seems to be evfdent in en oblique allusL!on fn his<br />

report to the costs of administration, evidently aimed at the Director.<br />

He said:<br />

In principle we adhere strictly to the original decision of<br />

the Bsrd that as small a part of our resources as is possi-<br />

ble should be invested in or spent on buildings and grounds<br />

snd as large a portion as is possible should be resexved <strong>for</strong><br />

that part which has within a feu years already mde the Insti-<br />

tute distinguished: namely, sdeqwte salaries,and retiring<br />

allowances <strong>for</strong> men of...talent and genius. This principle<br />

applies not only to the question of real estate and buildings<br />

but admintstsetfon, in respect to which precisely the sam<br />

policy has been purrued.33<br />

.

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