BRACERS Record Detail for 2972

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Collection code
RA1
Class no.
710
Document no.
056702
Box no.
5.48
Recipient(s)
Tylor, Louis
Coward, Chance & Co.
Sender(s)
BR
Date
1945/11/23
Form of letter
TL(CAR)
Pieces
1
BR's address code (if sender)
GLC
Notes, topics or text

On payments to Daniel Cory.

Transcription

BR TO COWARD CHANCE AND CO. / LOUIS P. TYLOR, 23 NOV. 1945
BRACERS 2972. TL(CAR). McMaster
Proofread by K. Blackwell


Grosvenor Lodge, Babraham Road
Cambridge
November 23 1945

Louis P. Tylor Esq.
Coward Chance and Co.
155 Fenchurch St.
London E.C.3.

Dear Tylor,

I have considered the letters you sent me from Mr. Cory’s solicitors and have much sympathy with their point of view. The regulations for control of sterling made by the British Government and the regulations for the control of individuals made by the U.S. Government place Mr. Cory in a very awkward position. I am relieved to know that Mr. Santayana has looked after him.

I think it would be only just and in accordancea with Strong’s wishes that the funds should be allowed to accumulate until he is able to use them. This would enable him to meet debts he may have incurred during the period of waiting.

In asking that Mr. Cory should be awarded a Fellowship Strong wrote “Santayana and I owe him obligations, as we have detained him in Europe to help us with our books and prevented him from seeking an instructorship at home, and I want therefore to make sure that he will receive a Fellowship and be allowed to retain it, if he desires, for life”. When the Fellowship for Mr. Cory is considered not only as an endowment for research but as the payment of a debt and compensation for impaired prospects it seems to me clear that Strong would have keenly regretted the perpetuation of Mr. Cory’s precarious financial <situation> through war conditions, and that he would have wished the funds to be allowed to accumulate.

I gather from your letters that Treasury regulations prevent the payment of Mr. Cory’s Fellowship income since 1942, but I hope that at least the funds may be allowed to accumulate from this time onwards. I do not know whether the control of the movements of U.S. citizens has yet been relaxed, but I imagine that Mr. Cory should soon be allowed to take up residence in the sterling area.

Yours sincerely,
 

Textual Notes
  • aaccordance misspelt as accorance
Filed
Strong, C.A.
Permission
Everyone
Transcription Public Access
Yes
Record no.
2972
Record created
May 22, 2014
Record last modified
Sep 27, 2023
Created/last modified by
duncana