gn Relations: Volume I in 1952 under the title, _The
Challenge To Isolationism, 1937-1940_; Volume II in 1953, under the
title, _The Undeclared War_.

The CFR's stated purpose in bringing out this work was to head off the
revisionist historians like Charles Callan Tansill, Harry Elmer Barnes,
Frederic R. Sanborn, George Morgenstern, Frances Neilson. The truth,
however, is not easy to suppress. Though written by and for the CFR, to
perpetuate that organization's version of history, the Langer-Gleason
volumes contain a wealth of information which helps to prove the basic
thesis of this present volume.

* * * * *

One thing that the ill-fated Reece Committee found out in 1953-55, when
trying to investigate the foundations, is that the tax-exempt
organizations are set up, not for the purpose of doing some good in our
society, but for the purpose of avoiding the income tax.

Rene A. Wormser, in _Foundation_ says:

"The chief motivation in the creation of foundations has long
ceased to be pure philanthropy--it is now predominantly tax
avoidance.... The increasing tax burden on income and estates has
greatly accelerated a trend toward creation of foundations as
instruments for the retention of control over capital assets that
would otherwise be lost....

"The creation of a new foundation very often serves the purpose of
contributing to a favorable public opinion for the person or
corporation that endows it...."

The tax-exempt organizations have a vested interest in the oppressive,
inequitable, and wasteful federal-income-tax system. Tax experts have
devised, for example, a complicated scheme by which a wealthy man can
actually save money by giving to tax-exempt organizations.

In short, many of the great philanthropies which buy fame and
respectability for wealthy individuals, or corporations, are
tax-avoidance schemes which, every year, add billions to the billions of
private capital which is thus sterilized. These accumulations of
tax-exempt billions place a heavier burden on taxpayers. Removing
billions from taxation, the tax-exempt organizations thus obviously make
taxpayers pay more in order to produce all that government demands.

* * * * *

The big tax-exempt organizations use their tax-exempt billions to buy
prestige and power for themselves, and to bludgeon some critics into
silence. For example, the