Education: For Nobler Men

Josiah Willard Hayden's agreeable job is that of giving away $50,000,000. Josiah Hayden is head of the Charles Hayden Foundation, one of the richest in the U. S. It was founded by his bachelor brother, Wall Street Financier Charles Hayden, who, when he died two years ago, left his fortune to "rear a nobler race of men" (TIME, Jan. 25, 1937).

Many a U. S. citizen speculated how his vast bequest might be spent. Charles Hayden stipulated that it be used to promote the "wellbeing, uplifting and development of boys and young men." To Josiah...

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