How Firm a Foundation

Philanthropic Foundations, by F.Emerson Andrews. 459 pp. New York: Russell Sage Foundation. $5.00

Foundations, which might have been one of the vitamins of the modern world, are in danger of becoming one of its viruses. They present a deadly paradox. Created by the virile energies of some of the geniuses of free enterprise, they represent the gathered potency of such men. But these stored-up energies have fallen into the hands of cool, intellectual, passionless academics, who often use them to destroy the roots of enterprise. A tough old Henry Ford made the millions; a brash, bubble-chasing Robert Hutchins employs them to deflate the price system.

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E. Merrill Root

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Philanthropic Foundations, by F.Emerson Andrews. 459 pp. New York: Russell Sage Foundation. $5.00

Foundations, which might have been one of the vitamins of the modern world, are in danger of becoming one of its viruses. They present a deadly paradox. Created by the virile energies of some of the geniuses of free enterprise, they represent the gathered potency of such men. But these stored-up energies have fallen into the hands of cool, intellectual, passionless academics, who often use them to destroy the roots of enterprise. A tough old Henry Ford made the millions; a brash, bubble-chasing Robert Hutchins employs them to deflate the price system.