Dr. Lindeman has given us what he regards as a first report, comprising a general sociological survey of the foundation problem and a series of valuable statistical tables analyzing the disbursements of eighty philanthropic foundations and twenty community trusts during the decade 1981-1930.

THESE are bitter times for scientists who think beyond their mathematical equations and the chemicals in their test tubes. A world has crashed around them, and the crash has taken from them not only their monk-like pittance of material security, but their faith, their confidence in the moral grandeur of their work. They thought they were leading the vanguard of humanity's progress, liberating man from the bondage of irrational prejudice and dark passions, and helping to prepare—though this was not their primary aim—a palace of material plenty for all.

WILL a new Gibbon, hundreds of years hence, sit in the ruins of Rockfeller's Radio City and contemplate the decline and fall of modern capitalism and of Western civilization that went down with it? This picture is suggested by the reading of Mr. Lewis Corey's truly remarkable study of American capitalism in decline, and the seriousness of the prospect justifies bringing this somewhat technical economic survey to the attention of readers of THE SOCIAL FRONTIER. Educators and academic persons generally (with the exception of teachers of economics, who act as the intellectual stenographers of the business system) have generally kept themselves in the same cloistered ignorance of economic facts as is proverbially reserved for the women in the family.