Education: To Study Asia

A San Francisco importer, Louis P. Gainsborough, came back from a tour through the Orient, profoundly worried. "The more I traveled," says he, "the more I saw how badly we needed friends. I decided right then that I'd dedicate myself to creating an awareness of Asia."

U.S. universities, Gainsborough decided, were not doing enough to create the sort of awareness he wanted, and he set out to start a school of his own. He cut the staff of his importing firm from 40 to four, slashed his volume of business from $5,000,000 to $1,000,000, and devoted his time to planning courses and...

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