Last week the rusting swords of World War II began to be turned into textbooks. The idea came from Arkansas' Senator J. William Fulbright, an old Rhodes Scholar. He put two & two together: there was $140 million worth of U.S. war surplus rusting abroad which foreign countries could use if they didn't have to pay for it in U.S. dollars. Fulbright persuaded Congress that the U.S. should swap the surplus for scholarships.
Last week President Truman's Board of Foreign Scholarships announced that the first Fulbright Act scholarships were open: 50 for U.S. scholars and graduate...
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