Word: forded
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Though not everyone would agree on just what is the most important educational job in the U.S., the presidency of the Ford Foundation clearly comes close. Were the foundation nothing more than what a New Yorker wag called it-"a large body of money completely surrounded by people who want some"-it would wield power enough. But it has used its money to tackle problems-and try solutions-on a scale grander than private philanthropy has ever known. It has more than a third ($2.7 billion) of all the foundation money in the U.S. It spends at the rate...
...aims of democracy." Its ideals were so loftily stated and its youthful mistakes so widely publicized that it inevitably won the reputation of being the Wild One of philanthropy. In launching his investigation of tax-exempt foundations, Tennessee's tub-thumping B. Carroll Reece solemnly warned of Ford's "subversive and un-American propaganda activities." Westbrook Pegler called it a "front for dangerous Communists," and Pravda accused it of "the sending of spies, murderers, saboteurs and wreckers to Eastern Europe...
...practically everyone else. Fulton Lewis Jr. devoted a whole series of broadcasts to denouncing the Fund for the Republic, and the national commander of the American Legion charged in 1955 that it was "threatening and may succeed in crippling the national security." Some citizens have boycotted Ford cars; others deluged Henry Ford II with outraged letters. "Your grandfather would spin in his grave," wrote an Albany physician, "if he could see the antics of the people who are spending good American dollars earned in the good American way by your once-fine company." Wrote someone from Los Angeles: "Dear Henry...
...Disgraced. In a sense, it is an irony that the largest foundation of all should bear the name it does. Henry Ford was hardly the sort of man to agree with Carnegie that "the man who dies . . . rich dies disgraced." "Give the average man something," said Henry, "and you make an enemy of him." True enough, he and his son Edsel did have a small foundation which spent about $1,000,000 a year, but the money went mostly into such pet projects as restoring the Wayside Inn and the birthplace of Noah Webster. After his death and the death...
...months passed it became obvious that the Pasadena idea was not working out. The staff had to plane back and forth across the continent so much that they began calling the foundation the "Fund for the Advancement of Aviation." To make matters worse, Hoffman infuriated Henry Ford II by inadvertently leaking to the press that the Ford Motor Co. might put some of its Ford stock on the market. Finally, at President Eisenhower's first inauguration, Ford told Hoffman: "This is the end, Paul." A month later the trustees also rose against Hoffman, elected Rowan Gaither president and ordered...