Evening star. [volume] (Washington, D.C.) 1854-1972, 1892-12-28
ANOTHER MILLION GIVEN.
John ID. Rockefeller Makes Another Dona-
ton to Chicago University.

JOnn ROckefeller Makes AnOfher DOna-
ton to Chicago University.
John ID. Rockefeller has made another big
donation to the University Of Chicago. The
sum is understood to be $1,000, 900, but the
exact figures are not given out For the last
two months the trustees of the university have
been endeavoring to persuade Mr.. Rockefeller
to give them 81 900 900 in order to carry out some
of their cherished plans. The New York CAPT.
talist objected to giving that sum outright, but
submitted a proposition for a vast sum to be
given, providing certain plans which he sug-
gested be carried out This proposition was
submitted to the trustees and accepted.
Mr.. Rockefeller's proposition 20 the Univer-
sity Of Chicago was as follows:
NEW YORK, December D.
To the trustees OF the University, Chicago, III
will five to the University Of Chicago LOCO per
cent bonds, OF the value OF OJO 900, principal
The principal of tbs fund is to remain forever a
further endowment of the university. the income
be used only for the compensation Of instructors.
the 10 fi' the 30 II b my 9Ped 'f
viii deliver the bonds December .. 1893.
JOHN ID. ROCKEFELLER.
This is Mr.. Rockefeller's fourth great sab
scription to the university. The first made
in Nav, 1889. for the purpose of founding an
institution Of learning in Chicago. The amount
was SbOU,UOO. Inc second was maQe In Sep
TENDER, 1890, for the purpose Of charging the
scope of the institution. The amount of this
subscription was Sl,0o0.000. The third was
made in February of the present year fo- fur
Their endowment of the university. and the
terms of the subscription were 1000 per
cent bonds of the par value Of 81 900 each. -
The fourth is for the same amount the third
and in similar Understanding securities.
With the single exception of ! 900 given for
the erection of divinity dormitory Mr.. Rookie
feller's subscriptions have all been made for the
purposes of endowment. The principal consti-
tutes a permanent fund, TO be kept forever in
tact. The income only may be expended. and
no part of this may be used in paving for
grounds or erecting buildings or making re-
pairs on any part Of the university equipment
President Harper of the Chicago University
arrived in New York yesterday. In an inter
view relative TO Mr.. Rockefeller's million-dollar
gift to the university, he said: "Of course We
are delighted with our Christmas gift, and
think it is about the biggest record. Mr..
Rockefeller has been kind 20 the Chicago Uni
versity, and we think il especially grateful that
play such munificence toward an educational
iRstitution in the city of Chicago. The endow-
ment and the value of lands, buildings and
other property of the university now amount
to about 81 .000, 900. Mr.. Rockefeller has given
e3. COO, 900.
I've expect" continued Mr.. Harper ito
have in time such array of magnificent
buildings as one sees at Oxford or Cambridge.
The university is being built in the most
massive and imposing style. At present we
have three dormitories, lecture hall and
gymnasium, and 500 students and nineteen
professors and tutors"