The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1888-03-03
W. W. CORCORAN.
The Great Phiiunthropist.-Hc Leaves
Some Valuable Literary Treasures.
(Tin eS-Dcnlocrat.l |


Although not unexpected, the news
OF the death Of Mr.. w. w. Corcoran,
The we'll known Washington million.
aire and philshthropist, was received
with expressions OF deep regret in this
community. Aside from his national
reputation, which made his name n
fa atniliar one in almost every household,
tue venerable banker, although Il resi-
deut of Washington, was held very
near to the hearts OF all LoUisiauiaus,
for the reason that his only child, y
daughter, WAS the wife Of II member Of
one OF our Oldest and most respected
families aud the tuother of his children
The late Hon. George Eustis-ex.
Congressman from the first district,
Mr.. Carcoran was philanthropist in
the fullest sense Of the term, for al.
though many of his benefactions were
necessarily male public, none will ever
Know tue extent of his unrecerded
gifts 20 public and private charities.
He began giving as far back as lSl7,
and from that time almost to the very
day of his death he was busiIy engaged
| in iousenins his purse strings. The
thrift which urged him to accumulate
did not, as with too many OF the rich
of our day, blunt In the least the gene
roSi;y of his nature. Mr.. Corc0ran WAS
one Of the most unostentatious of tnen, ,
aud is shining example OF how an
unse!tish, cultivated, pure e-minded and
benevolent rich man uIay live aud die
respected, beloved and revered by ali.
! His gifts TO Washington City include
the Corcoran National Gallery and the
Louise Hone-the latter founded in
memory of his Wife-iogethcr with
| large donations to the Washington Or
phan Asylum, Columbian University,
the Church Of the Ascension. His gifts
to the Universiiyof Virginia amounted
TO nearly quarter OF q million of dot
lars and a library Of 1000 volumes. Mr.
CoIcornn's only descendants are one
grandson aud two granddaus hters, who
will inherit the greater portion of his
large fortune, which, aside from .he
liberal amounts set apart for special
tegacies, is estimated at 10000, 600
His only grandson was recently mar
ried to his cousin, the daughter Of Hon
Jas. B. Eusti-, Of New Orleans, United
States Senator from Louisiana. Somt
ten years ago Mr.. Corcuran drew up fol
the guidance OF his grandchildren Il
"creed," fox a copy Of which we are in
debied to our evening contemporary
the CITY Item. 1t reads as follows:
TO my Grandchildren-As II private in
dividual, inspired by an appreciation o
my relations to my fellow-man, l have
from carly youth to old age endeavored tt
be just to all and generoust to the deserving
Blessed by kind Providence with large
possessions than commonly fall to the 10
of man, have regarded them as IL sacret
trust for the benefit of knowledge, trutl
and charity. My reward has been an ap
proving conscience and the gratifying up
!, probation of many good and great mon
whose testimonies have preserved III this
volume for you. Many Of the lettors il
this collection afford melancholy evidences
, of the instability OF human affairs, and
rerusal of them will suggest to you TIL
propriety of endcavoring to cultivate
| spirit prepared to bear with equaninit,
the viclssitudes Of fortune which may awai
, tho most prosperous condition. The mos
valuable bequest l can max you is a goot
name, and feel assured you will cherisl
: it, for it's price is above rubies. Your afiec
, tionate grandfather, w. w. CoEcoRAN
JuiV |, 1878.