Thursday, July 17.

A great deal of time spent with Buchanan, Moseley, etc. Tuesday we had Lunch, also with Marget at Ferekes! There we discussed the possible Mechanics of an “American Foundation for Austria” (or some such name) amounting to app. 300-400 Mill. Sch. The Foundation should lend expert help for administration & provide some of the essent. foreign exchange for books etc. All this sounds very intelligent & it seems that it could be done. Keyes has full authority to dispose of these funds which originated from the sale of am. gifts to Austria. It would not be easy to invest this money; there are no gov. bonds. One should by buildings, farms etc. They could at the same time be run as model farms etc.

On monday I had dinner with B & M. at the Regina & with 2 am. doctors. They think Kanders is one of the best men here, but that the Vienna Medic. is very much down. Esp. public health ideas & methods are hopelessly antiquated. Norman & I had lunch at the Bristol & talked most things over. It is very hard to know what to do here. I still think that professors must be sent here. One may find an occasional fellow.

If it were not for the contact with the Americans here I would find it exceedingly boring. There is so little here, it is simply unbelievable.

Not one letter from US. I wonder where my mail is! Tuesday I went with Hannchen to “Orpheus in der Unterwelt” at the Volksoper. Quite nice & well done. Moser was the hit of the show; Jerger sang Hades, with no voice left but with great art. He was a great singer once & still looks magnificent. Many pretty girls as dancers. H. & I had first dinner early at the Regina & Ice cream after the theater. There we saw Wendt.

Yesterday was my first lecture on the theory of games, in the Chamber of Com.; app. 80 people. I fear that only few could follow, fewer than in Paris & elsewhere. Mayer presided & talked a great deal of rubbish. It was pitiful. He is afraid of the new theory & worries about the “School”, esp. when I said that the concept of marg. utility is not so simple in an exchange economy. Many old acquaintances: Hryntschak, Bartsch, Weinberger, etc. Schams fell in with the new ideas; a bit to vividly. Yet he may learn them; he wants to write about the book in the ZfN when it appears. I have no idea how the students are I would have liked to speak to them. I shall ask to have something arranged. Degenfeld was there too & made a most surprising statement about the theory; that he liked it, that it seemed realistic etc./ ?.

To-day is the first meeting of the Austro- Am.- British discussion club. I am to open with a talk on the intern. spread of cycles. I found my engl. MS but want to make it much shorter.