Just a Second There

Mark Brady writes me: “I agree with your remarks about donor intent. Further research revealed the following information: ‘Mr. Olin was an inventor or co-inventor of 24 United States patents in the field of arms and ammunition manufacture and design and was responsible for numerous developments in ballistics.’ “Is it fair to assert that John M. Olin was the beneficiary of rising U.S. military expenditures in the twentieth century? Indeed, was he a tax consumer or tax eater, as John C. Calhoun (and Murray Rothbard) employed the phrase?”