Part 2 - The Institute Libraries - Institute for Advanced Study

I put in the very first place the development of the School
of Economics and Politics. Thcy were very mc5 pleased with
th'e whole minorandurn and told me to go ahead. I am therefore
enormously int~rested in your feeling that Stewart may be 'in
the mood to drop Case Pomeroy and come with us." lf he has
paid his promised visit, let me know whether this subject came
up, and if so, how it stands.9
But Stewart had not paid the promised visit, Riefler would find
out when he would come. ?leanwhile Flexner confided something of his suc-
cess to Mr. Maass; to neither man, hawever, did he mention the new build-
ing.
'
I had a very interesting time with Mr. Barnbergex and Mrs.
Fuld, going over the past and sketching the future develap-
mcnt of the Institute as far as it can now be foreseen. A
point which I stressed-..was the following: there are cer-
tain fields like mathcmatical physics, and econoinics and
politics, in which, if re can find the men, we are prepared
to advance ROW, but the resources of the Institute, -- prin-
ciple and incom -- should be expanded so we will have in
hand money for future development and avoid expansion up to
the limit of our income...This was a point 'of view in which
Mr. Bamberger and Mrs, Fuld thoroughly sympathized. I feel
that, if we can find the persons, there will be no doubt about
the £unds.lO
To this Mr. Maass replied:
The news...is of tremendous interest. I have always been
confident of their intention ultimately to give us a substan-
tially increased endowment.,.My only concern is that the pro-
gram of expansion be enacted during the period of your m
activities, and this I am most hopeful you will bring about. 11
The Director sought to assure himself that the fine accord he
had reached or approached closely with the aged Founders in the delightful
cool and beauty of Murray Bay would remain in their memories, which were
not as retentive as they had been. He wrote them enclosing a draft of a
proposed letter to the Trustees, which evidently reflected their discussions,
and clearly contemplated further gifts from them to endowment. But the
burden was the conservation of those funds, in the interest of keeping the