nished business" of the defunct Cox Committee. The new committee to
investigate tax-exempt foundations (popularly known as the Reece
Committee) was approved by Congress on July 27, 1953. It went out of
existence on January 3, 1955, having proven, mainly, that the mammoth
tax-exempt foundations have such power in the White House, in Congress,
and in the press that they are quite beyond the reach of a mere
committee of the Congress of the United States.

If you want to read this whole incredible (and rather terrifying) story,
I suggest _Foundations_, a book written by Rene A. Wormser who was
general counsel to the Reece Committee. His book was published in 1958
by The Devin-Adair Company.

In the final report on Tax-Exempt Foundations, which the late
Congressman Reece made for his ill-fated Special Committee (Report
published December 16, 1954, by the Government Printing Office), Mr.
Reece said:

"Miss Casey's report (Hearings pp. 877, et seq.) shows clearly the
interlock between _The Carnegie Endowment for International Peace_,
and some of its associated organizations, such as the _Council on
Foreign Relations_ and other foundations, with the State
Department. Indeed, these foundations and organizations would not
dream of denying this interlock. They proudly note it in reports.
They have undertaken vital research projects for the Department;
virtually created minor departments or groups within the Department
for it; supplied advisors and executives from their ranks; fed a
constant stream of personnel into the State Department trained by
themselves or under programs which they have financed; and have had
much to do with the formulation of foreign policy both in principle
and detail.

"They have, to a marked degree, acted as direct agents of the State
Department. And they have engaged actively, and with the
expenditure of enormous sums, in propagandizing ('educating'?)
public opinion in support of the policies which they have helped to
formulate....

"What we see here is a number of large foundations, primarily _The
Rockefeller Foundation_, _The Carnegie Corporation of New York_,
and the _Carnegie Endowment for International Peace_, using their
enormous public funds to finance a one-sided approach to foreign
policy and to promote it actively, among the public by propaganda,
and in the Government thr