FOUNDATIONS: One World, One Tax

For 50 years Harvester Heiress Mrs. Anita McCormick Elaine, cousin of Colonel Robert R. McCormick, was Chicago's Lady Bountiful. Before she died last February at 87 (TIME, Feb. 22), "Aunt Anita" had given away more than $10 million; even so, her estate topped $35 million. Her largess was distributed left and right, though in recent years, mostly left, e.g., $50,000 to Henry Wallace's Progressive Party presidential campaign.

One of her favorite beneficiaries was the Foundation for World Government, started in 1948, she said, to "do something for the human 'family.' " At the time it was assumed that her $1,043,475...

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