A glad tale is dwindling slowly to a colorless finis.

There was a touch of magic in that July morning, 18 months ago, when the front pages of the daily press broke out with the announcement of Edward W. Bok's largesse—"$100,000 for a peace plan, come all ye dreamers of wealth, ye hopers for peace—$100,000 for a practical peace plan!'

Then followed some months of uneventful labor, the assembling of the organization which should handle the award, the determination of its exact conditions, the receipt of the...

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