, 1875-12-24

roHsle, tns 1t furniS'Ic, THO activity mt! con1-
inofclal enterprise whicl, causn thu hccutnu-
latinn. IL waa no mo mans fH!l ny
gac9ty. or. Industry. that n'no Mr. AHtnr"
crtases trabfo III value; 1t wan IL" tHafVe'-
olA growth Of TIN" city aud tha whtlc
country. lIo grew rlc1, through ot1rr fncn'h H.
bar attd entnt,niso by rrli'sy kcept''E what ''o
Ind mil wlsolv Investing tho i4cteaar.. In vow
Of this fnct 1t hnllst aenfilH III though rnc'hey
acquired u proprietary claim t" hharo IN tlio
ostates w1lt,se yaine itB 0w, ontraY Ina multi
Piled At ieaat, ttn c0nperhtio1 place" tha hhFl-
or Of than under moral oblIpalIhts not to uth
lila trust ee!NAtlly. nor to 1uk i' Tho money fsl'
tho ACKNOWLEDGMENT OF o inT who lad m baud
In eAr!,lng It, hut n n1Nan2a itDpnrtant scii-i"i
OF philanthropy, md M execute them Us 10 pro-
Mnto the pnblic wclfaEe
Gtnart aflIl whs a lealor, pnt forth ~ n rnaHun
for the state ouiershtp Of real cbtato thHt tho
increase Of ia value IL owing almost hololr II Ao-
cnt etrorta and public improvements, nt'd q Va
holder las no control. They nrEo that tic lahi
III tho vicinity Of London Ilns grown imtnonneiy
valuable, not hecauso OF skill 1T managing 1t or
tasto In beautifying It, bit solely boenuho Of tho
to hold OH men 1nyo l'ccomo miliio,'airoh IN
every country, wlli1o Tiny laso fought overy
public Improvement, rcaiatol e1ory tex, ata be-
!, cunle graHping autI intserly. .,...-..,-
Tho ppontAneoGH and universal public ctFecta-
tlon TINT rich man will doso.o part nf hta
wealth for public or charitable dhrA bhA Iegti-
nnte basis in actual faots ~ well aH il, suciai
| philosophy md r.orhf obligation socloty Is tile
tllent partnor iiI every sltccoHHt1! bt1sIe.s CT
rccialy whon real ostaso III ono OF its chief
Gleuleslta or wealth. And IL Ii only jus. and
proper that one who has accumulated millions
by tho rise In tho vatno Of lnnd through tho
growth at city antl tho oDterrrso md labor Of
| population s1lonid Give hack largo percentage
Of tho gnin in Wise public boqneata. lfo Ii rc-
atired 10 do 20 nlncl. at loaHt hy tho htrct
litter Of justacc, without regard to tha calls
Of philanthropy. 1t In not cortan by
any tnnans that 1egaecs for miscellaneous
| charitable Objects arc greatly needed t'y tho
community nar specially !olpfui. Largo t'o-
| quests tnnlo with honoSolcnt Inotiroa md i'll.
| tended 10 psonoto tho co.ufott or advantage OF
| tho people frequently fall short Of their con-
| tcmpiated ends. A dlHposlttUn to give IL ono
] thing; wtBiotn In giving is quito snotler
tirar1 Calego l.as not bccn ns half Rs valuable
| NJ it ought to l,ayo been. Peabo1y's bc1nfH:H
and his Southern school fund ltas Accst poured
! out like gallons Of water in desert which toth-
| Ing loss THAI IN Amazon coutl irrlEate. Mon
WHO arc engaclolY in tho accumulation ut prop
erty ofseM display ths gseateHt tolly III sta
distribution, lanvlng 1T for truHtoes to mis-
eppTuiriata mud tluird To wAhto in c1dleB8 htSa
| tiol,, Tho truo why Of giving Is that adopted
by Potter Cooper ami Ezra cornel1. who atlininlH-
tered OIL their estates and became tho BEND
| factors Of society by tho wisdom with which
| they appropriated their splendid eifts. 1hia
method aytldH the postllnlnoua torture to which
| Ward md Hiuger hnye beon subjected. and ro-
| l.e,es children feo<u tito rccasslsy at proving
| thnt n parent was un idiot or moirtcF Tho
building OF q uaaful Institution or tho cnl0w-
sMent OF . needed chnrsty is sourca OF con-
etant and enuoblnE satisfaction and prldo to tho
w;fo mad gcnoroue donor, giving him forotasto
Of immortality. 1'he 0nly n,ntnEnont nnstcrlty
will not forget ia tllo Que u,au scars Tor him
RD1f.