Part 1 - The Institute Libraries - Institute for Advanced Study

eplied that he saw little llklihood that the School of Economics and
Polities would need rare money in the imdiate future -- evidently an
indication of Steusxt" sunreadiness to accept appointment as professor,
and hfs uttwillfngness to see a definfte program undert~ken until he was
ready to do so. Nos was the School af Huministic Studies going to ex-
pand substantially until resources incressed; meanwhile, he said, %e
can sit back and await developments without tmperiling our solvency.n2o
To Mr. Bamberger he said much the same thing:
I want to reassure you and Mrs. Fuld about the future, Noth-
ing that was said by either Mr. Straus or Mr. Hardin was
to me... l have been looking day by day as far ahead as I can
at the question of our relations with Princeton, and 1 have
been watching the budget with the eye of an eagle,..
As to future relatians with the University, he saw only rmtual benefits
from his course of action,
beczuse the interests of the two institutions absolutely co-
incide.,.Mothing is so apt to caent relationships as mutual
interests, and artual interests from which both parties bene-
fit equally exist here.
As to the budget, we have a prohsble surplus of $50,000 next
year, znd there exe items in the mathematicel budget which,
thaugh very important, could, if necessary, be dropped, with
the result that our surplus would be almost doubled.21
Though he expressed hope that funds would cone as the result of his in-
terviews of the day before, he could offer nothing conclusive.
After this Dr. Flexner and his wife taok a kditerranean cruise,
in the hope, as he wrote a friend, that he would recover from the effects
of "a Board meeting, preparation for which had exhausted m.*22 And uell
they might have. For Flexner had elways taken certain precautions to
avoid acrfmorty in disagreements fn Trustees' meetings which would disturb
Hr. Bamberger, who was extraordfnarfly sensitive to discord. Thus th~