Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-11-20

sren Who Dave Made Them and tho sums
They Cave.


900; William Il. Aston, upward Of $780,
/ value OF the total endowment of the
Aston ub-ary on December 81, 1894.
was S2.l05.ST1.ST. Lenox Foundation
MIR. James Lenox's gifts TO the LeDox
library from 1870 TO 1850 (thc year OF
his DEATH were. IN 1870. $500, 900; 1871.
100000; 1872. sIO0,O00: 1874. 100000;
1915, $4,000: 1916. $4,000; total. $780,
COO. besides books. works of art. etc.
and ten lots for the library's site. The
value of all these gifts has consider
bbly increased-especially that of the
real estate. Tilden Foundation-The
amount already handed over by the
/ Tilden estate 10 the New York public
7 library Is something over s.. 200, COO.
/ The total amount the library is expect
| cd to realize from this source is set at
| SIPS. 900.
by the will Of the late John Crerar.
the John Crerar library of Chicago was
made his residuary lcgatee. but with a
provision that the executors of the cs-
tate should use their discretion as TO
/ the time of the payment of this he
quest. Under this will the directors of
/ the John Crerar library have received
from the trustees and executors of the
estate the sum of S1.s5l,131. and they
have been Informed that the trustees
still hold for the library property Of an
estimated value of $685.. O60. This would
make the total amount OF Mr.. Crernr's
bequest $2.7I4.lOl.
The bequest of Mr.. Walter l.. New
berry to the Newberry library OF Chi
cago was one-half of his estate. which.
ut the time the bcquest became avail
rble and was set apart for the library.
was valued in round numbers ut SIS. OOO.-
/ 600, thereby making the endowment
to the library $2.5O0,OOO.
The gifts made by Mr.. Carnegie TO the
library in Pittsburgh, Pa, bearing his
name are 100000 for the erection OF
the main building. 100000 for the
erection of branch buildings. and a n en-
dowment OF 100000 for the main
tenance Of the art gallery and museum
"A total of $9,1OO.OOO. Altogether Mr..
Carnegie has within the last few years
given more than $4,000, 900 to the cause
Of public education in its wider sense
for the libraries erected by him almost
Invariably are devoted 10 music. art
and science as we'll. The principal of
these are ntAllegheny ($3OO,OOO) Home
stead (S4OO,0Oo), Braddock and Johns
town, Pa; Fairfield. Ia. and Edin-
burgh, Ayr and DumferlIne, Scotland.
Mr.. Enoch Pratt offered the city of
baltimore on January 81. 1882, library
building, costing about $3.50, 900, and an
endowment of $3.50, 1888, on condition
that the city create perpetual annuity
of $4,000, payable TO a board of trus-
tees, named in tho first instance by Mr..
Pratt and having the right to fill vacan-
cies in their own number. This offer
WIS accepted and the library founded.
The property bequeathed by DR.. Rush
for the establishment and support. OF
the Library Company of Philadelphia
amounted to about S1.060.0OO.
The endowment when Mr. Mortimer
Fabricius Reynolds made for the Rey-
nelds library of Rochester consisted of
real estate, which is valued at present
as being worth certainly over $500 900,
and probably S6OO,OO
Mr.. Leonard Case gave during his life
10 the Case library of Cleveland $780,
0e0 in government bonds. besides small
or sums from time TO time, amounting
in all 10. say, $4,000. In 1876 ne gave
real estate, then valued nominaIly at
100000, but now worth $500, 900. The
total value of the endowment of the
Case library ia now estimated at $780,
600.
The Minneapolis public library was
built, and is at present sustained. for
the most part, from the product OF
taxes. OF the original cost of the
building (S36O,0O0). however, about
$4,000 came from private sub
scriptions. usually of $1,000 each.
Moreover. there Is combined with the
library. for the term of 90 years. a pro-
prietary institution, the Minneapolis
Athenaeum, which has funds amount
ing to 100000. This property was the
gift of @ certain DIR. Kirby Spencer,
citizen who died about 1860, bequeath-
Ing his estate in this way. At the time
of his death, the property, which was
in real estate. was far less valuable
than now. 1t yields n varying income,
sometimes above. sometimes little be-
low, $4,000 n year. This sum is used
TO supplement the funds derived from
taxes, amounting during the present
year to about $4,000.
The executors received in 1881. under
the will of Judge Forbes. of NorthGmp-
ton. Mass, $252,26O. The money was
suffered to accumulate for ten years.
In accordance with provision of the
WI and vote of the tcwn. In 1894
the executors delivered to the trustees
appointed by the city building and
lot which had cost $12s,994, 81, $50 of
other non-produCtive property, and
funds amounting to s355,565. This is
the real endowment.of the library, and
not the amount originally received.
Mr.. George Peabody endowed the
Peabody Institute of Baltimore with
Sl.24O.c00. but as the Peabody institute,
besides n library, includes a conserva-
tory OF music. an art gallery and a
course OF lectures, and all of these are
In part or wholly supported from the
income of this endowment, it is almost
impossible to state just what the en-
dowment really is.-Critic.
ono Effect of Them.
There is one effect of this bloomer
fad that appears to have been over
looked i"