Morning journal and courier., 1882-04-14
One Million Dollars.
Connecticut Hans Benefcence-The Educational Interests of the Freedmen

A Connecticut Hans Beneficence-The
 Educational Interests of the Freedmen
 Of the South.
 John F. Slater, wealthy man of Nof- wich, has given million dollars to con- stitute a permanent fund, the income ot which shall be used to confer upon the lately emancipated colored people of the South and their posterity the blessings of an ele7atlng Christian education. The introduction of bill Wednesday in the Albany Legislature to incorporate a board of trustees of this fund gives publicity to the details of the generous scheme of practical philanthr opy.
 The bill incorporates Rutherford B, Hayes of Ohio, Morrison R. Waite of the District of Columbia William E. Dodge of New York, Phillips Brooks of Massachusetts Daniel G. Gilman of Maryland, John A. Stewart of New York, Alfred H. Colquitt ot Georgia, Morris K. Jesup of New York; James P. Boyce of Kentucky, and William 1 A. Slater of Connecticut as a body polite 1 by the name of the Trustees of the John F. l Slater Fund
 Rutherford B. Hayes, of Ohio, is designa- 1 ted as the first president of the corporat1on' Mir. Slater purposely leaves the trustees the l largest liberty in making such changes In the methods of applying the fund as may from l time to time seem wise. He suggests that l the education of teachers for the colored race may be the wisest purpose to which the fund can be put. If after thirty three years | three quarters of the trustees shall for any reason agree that there is no further use for the fund in the form it is now instituted, he authorizes them to apply the capital to the establishment of foundations subsidiary tc the standing institutions of higher education I so as to make them more freely accessible te poor colored students. Under the present institution of the fund.- he specially wishes that neither the principal nor income shall bt expended in land or buildings for any other purpose than that of safe and productive in vestment for income
 The course of Mir. Slater, in making sucl generous provision for permanent and far reaching charity, during his active business life, is as rare and singular as it is hlghl. commendable and bright example for imi tation.
 John F. Slater is closely identified with tn, cotton manufacturing industry of the United States, through his ancestors and his owl connection therewith. His uncle came to thi country in 1799, and designed and set up il Providence the first successful cotton clotl machinery in America. Samuel was the frs person!in the world to establish the manufac ture of cotton sewing thread. Samuel
 brother John, father of John F., came owe , in 1903, and the two combined their capita
 and experience in extensive cotton enterprises
 founding Slaterville, Rhode Island, the birth
 place of John F., and being largely instru
 mental in building up Webster, Massachu
 setts. Samuel Slater practically founded tn widely known Amoskeag mills at Manchester N. H. John F. Slater, the benefactor, own the cotton mill at Jewett City, Conn, l !, president of the Ponemah mills at Taftville
 a director of the Washburn & Moen Manu featuring company of Worcester, and con
 nected with various banking and railroad 1 concerns. He has been liberal giyer to tn l Norwich academy and Park Congregations , church. William s. Slater, of Providence, l
 his brother, and the widow of the late Prof
 Elisha Barrett is his sister