Those people who believe that scholars are a woolly-headed tribe, hardly to be trusted with a dollar, are right. In the September Atlantic Monthly, Harvard's Purchasing Agent William Gibbons Morse documents this assertion with a collection of hair-raising tales-out-of-school, called Pardon My Harvard Accent (condensed from a book of the same title to be published this month—Farrar & Rinehart; $3).
Urbane, silver-haired Mr. Morse, Harvard '99, has been employed by Harvard since 1923 to see where its money goes. When he started his job, nobody knew; 150 Harvard departments had authority to spend, and...