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Study of the Hegemony of Parasitism - michaeljgoodnight.com

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The directors <strong>of</strong> <strong>the</strong> major foundations have been<br />

particularly active in wartime positions, even though <strong>the</strong>y<br />

seem to have little experience in charitable endeavours.<br />

Beardsley Ruml was a trustee <strong>of</strong> Russell Sage<br />

Foundation from 1928-33. For many years <strong>the</strong> most<br />

prominent figure on Sage's board was Frederic A.<br />

Delano, who was horn in Hong Kong, where his fa<strong>the</strong>r,<br />

Captain Warren Delano, was engaged in <strong>the</strong> opium<br />

trade. An uncle <strong>of</strong> Franklin D. Roosevelt, Delano was an<br />

original member <strong>of</strong> <strong>the</strong> Federal Reserve Board <strong>of</strong><br />

Governors in 1914, and was later named by his nephew<br />

as Governor <strong>of</strong> <strong>the</strong> Federal Reserve Bank <strong>of</strong> Richmond.<br />

He was an original incorporator <strong>of</strong> Brookings Institution,<br />

Carnegie Institution, and Carnegie Endowment for<br />

International Peace, director <strong>of</strong> <strong>the</strong> Smithsonian<br />

Museum, Commission for Relief in Belgium, and Belgian<br />

American Educational Foundation set up by Herbert<br />

Hoover in World War I, chmn Natl Planning Board 1934-<br />

43.<br />

Delano's wife's sister married Ed Burling, who founded<br />

<strong>the</strong> Washington law firm <strong>of</strong> Covington & Burling, whose<br />

partners later included Dean Acheson and Donald Hiss,<br />

bro<strong>the</strong>r <strong>of</strong> Alger. Frederic A. Delano married Mathilda<br />

Peasley <strong>of</strong> Chicago; Edward Burling married her sister<br />

Louise. They were <strong>the</strong> daughters <strong>of</strong> a railroad tycoon,<br />

James C. Peasley <strong>of</strong> <strong>the</strong> Burlington Railroad, also<br />

president <strong>of</strong> <strong>the</strong> National State Bank. Judge J. Harry<br />

Covington and Edward Burling founded <strong>the</strong> law firm <strong>of</strong><br />

Covington and Burling in Washington in 1919.

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