I was working quietly one day when the telephone rang and I was asked to see two gentlemen who wished to discuss with me the possible uses to which a considerable sum of money might be placed. At our interview, I informed them that my competency was limited to the education field and that in this field it seemed to me that the time was ripe for the creation in America of an institute in the field of general scholarship and science, resembling the Rockefeller Institute in the field of medicine—developed by my brother Simon—not a graduate school, training men in the known and to some extent in methods of research, but an institute where everyone—faculty and members—took for granted what was known and published, and in their individual ways, endeavored to advance the frontiers of knowledge.