A saucy diversion (those who remember The Tired Spy and All The Loyal People- Putnam- will remember this bright British talent) does well with doing good- i.e. a foundation which is endowing a new chair of Applied English at Cambridge. However its Assistant Secretaries, Jack Fender and Charles Modyford, are more involved in philandering than philanthropy- Fender in a relationship with a prim young woman which is frustrating and domesticating; Modyford who is the victim of his passion spent and misspent. This takes in horse racing, the art mart, a am party, and the unorganized business of organized charity....Merrie England- with a new look, this kicks up its heels but never stubs its toes. Conservatives may cavil, others will enjoy it.