The Ford Foundation, with assets of some $500 million bequeathed by Henry Ford and his son Edsel, is the world's biggest private philanthropic enterprise. Its objectives are even bigger: "to reduce [international] tensions" and "to increase maturity of judgment and stability of purpose in the U.S. and abroad." Last week, just before Foundation President Paul Hoffman began a leave of absence to help run the Eisenhower campaign, he reported on the first year's operations.

Hoffman's report listed 37 widely diversified grants totaling $22,331,000. Some of them betrayed the inevitable influence of intellectual do-gooders, e.g., a $75,000 project to study "the...

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