Part 1 - The Institute Libraries - Institute for Advanced Study

It semed to us of cardinal importance so to locate this
building that we might be able to render Princeton smthing
like the courtesy end hospitalfty which Princeton has render-
ed to us in Fine Hall. We have also looked ahead in order
that, as the Institute developed end required additional space,
we need not feel ourselves hmpered -- follouing in this re-
. spect the vise policy which the University has long since
adopted. Finally, in the interest of the sort of cooperatfon
which we have already established, it hes seemed to us a11 that
the nearer this location f$ to the University, the more readily
cooperative relationships could be established and developed.
With these considerations in mind it appezrs that the most
suitable site of any considerable dirrensions that could be ob-
tained would begin at the corner of Alexander Street and the
road which leads to the Gredute College. Inquiries, however,
,..indicate that the two wooden houses n m situated at the
corner and the lot belonging to three elderly women i mdl-
ately back of these houses zre zt present unobtainable.
1t would therefore seem that the nearest point would begin
with the golf course and extend towards the Graduate College
and btck towards Princeton Inn. If in the future it is possf-
ble to obtafn the properties which I k ve above mentioned, a
second building, if and when required, coGld be located on
that site,
In order that the golf course my not be curtailed, and in
order further that the entire section extending beyond the
Graduate College should be protected for the sake of both the
University and the Institute, we have obtained optiotu on the
Olden Farm and on practically all the vacant property lying
between the Olden Farm and the golf course. The precise
anount of ground thet we need for the first building we do
not know and cannot knou until an architect has been called
into conference.
The really important point to decide et this moment is the
willingness of the University to cooperate with the Instftute
by allowing us to obtain the land needed, each party relying
on the good faith of the other and upon the determination of
both to preserve as much 0p.n space on both sides of the 'Grad-
uate College za is possible so as to preserve the amenftles
of the situation and to shut out the possibility of any real
estate development which might be objeetionablc. The options
which we now hold run until tcuards the end of October and
involve the expundituce of about $200,000. If the University
is prepared to cede us the requisite amount of ground, the
Institute would be equally willing to cede the University
whatever may be needed en the plot we would possess in order
to all= the extension of the golf course in thet direction...