Education: Guggenheim Fellows

The Guggenheim Memorial Foundation is 1) a leading patron of U. S. art and scholarship, 2) an index of prosperity. Founded 16 years ago by former U. S. Senator Simon Guggenheim and his wife, each year it selects a group of bright young men and women, gives them about $2,500 apiece to be free for a year to write a novel, paint a picture, examine a star. The number of its fellowships depends on the fund's income (one of its chief investments: copper). Their peak: 86 in 1929. Last week the Foundation climbed back...

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