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The Folger Shakespeare Library's founders, Henry Clay Folger and his wife Emily Jordan Folger, established the Folger in 1932 as a gift to the American people. Emily Folger later wrote of Henry Folger’s belief that “the poet is one of our best sources, one of the wells from which we Americans draw our national thought, our faith and our hope.” This belief in the deep connection between Shakespeare and America is the reason the Folger is located in the nation’s capital. Throughout a long career in the oil industry, Henry Folger, with his wife’s assistance, built the world’s largest collection of Shakespeare materials. Together, Henry and Emily Folger then planned the library that would house their collection.