New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-23
HIS PHILANTHROPY.
WHAT DIR. PEARsONs. OF CHICAGO. IS
DOING WITH HIS MONEY.
HE SAYS HE DOES NOT POSE AS GENEROUS
MAN. BUT HE BELIEVES THAT HE HOLDS
HIS WEALTH AS TRUSTEE.

Creek. Mich
shall talk to you tonight in plain language:
before mentioned In the presence or an audience.
In other words. I propose to be very frank. very
plain. Ny subject Is, What To DO with Money
In order to illustrate my subject 50 that you
object-lessons. am going to take you on a long
journey to SEQ the places where we make use OF
dent 10 the places We are to visit shall be under
hs G Gces s Of tire hG he hero
Of every story, he tells. In the young man this
ing fourscore Years. has right to tell what he
has done. | like to hear old men tell what tney
done. for a particular object; not because | am
proud Of it or vain about 1t. neither do pose as
and frugal old man. | haze labored nearly eighty
years to make money. and have made IT, ana
The statement may seem strange to you that
do not pose as benevolent man have no be-
economical. close-hsed man you ever put your
eyes on You can sec It IN my face, 81, IS there
never went TO n theatre but once In my life. and
then | ashamed Of myself I never went to
horserace. or a football game. or baseball game.
over which our students all over the country are
making such consummate fools of themselves. and
by allowing which the residents and faculties are
making idiots of themselves
am doing all that am doing on business prin;
economy for seventy years to lay up money |
hands Collins were not made to carry money in
] have leave II: that'S the way to look AT H.
Now, what shall do with it?'
HOW HE BEGAN TO GIVE.
looked around Chicago. and helped to build
hospital; helped two theological Summaries with
10000 or 100000; helped the Young Mems Christian
Association and the City Missionary Society. ana
other institutions. But that did not satisfy me-
wanted to help the poor boys and girls Of our
10 live on while getting an education. / had been
deprived Of college education through poverty,
and wanted to fix 1t that these boys and girls;
have the privilege OF college close to them,
that they could get liberal education.
For this purpose I turned my attention to six
teen different cOGgHs did not start "a be
All need to do is to build up what we have.
There are, but two places in America where they
and the other is Oklahoma. and time they
will have them too. We want to make the col
leges we have better-giye them an endowment; so
that they can enlarge their curriculum. pay their
teachers. and meet the exigences OF the time
Mind you, this business: no benevolence in 1t
at all What shall do with that money? Find nd
used for God and humanity.
Now I viii take AXE you on the Journeys l,ch, that
received letter from President sperry of olvet
College twelve pages long Sperry Is good fell
low-what did he say? That letter was declara-
ton in equity; It was regular leader" 1t ran
You came into Michigan few. years. ago and
bought sixteen thousand acres OF timber land. and
you paid for it. You took that magnifeeHt pine
money and you left nothing, behind but the bare
% mer % eR
there again Now. IN equity return some OF that
I replied: You raise $4,000 in MchIgan-you
hs2s 0 N the T0Td IL eye Ho but
and iY he said TT Is bargan % give you ''
He was in my office ice the other day. and said he
about to stand up 10000 better off and with this
endowment the efficiency of the college will be
pleasure than to make out that check for 5000
for President Sperry.
me. by way Of "reminiscences. mention one incident
from personal experience. In 1851 my wife and
W 10 through MhgSn
on strap rail and travelled 10 Elgin, Ill. which
took a muck wagon to our destination. passing
through Belolt, We travelled through cold and
there was a river Our horses had to swim the
river, and had to stand on the seats to get
we started on for Janesviiie one Of those big bury
fellows who always get into new country climbed
into the wagon for ride
A SHEER AT YANKEE CRANKs"
AS we drove along we saw brick building 60
ing up. and asked the man. What are they
eTans b1dng soee he answered Ths
rather hit me. When they call me Yankee I
an old Puritan make three bows. On the way to
GAINESVILLE that man cursed everything that was
best l knew how. When we got to JanesviIle I
shook my fist in his face and said: "Od fellow I
these colleges that these Yankee cranks' are
building up" l had my eye on Belot at that
Time went on. and my seventy years rolled by,
! made to Belot College this 81 will give you
100000 If you will raise 100000" q make everybody
In six weeks they raised that 500 900 and had to
draw my check. ! was so well pleased. and the In
stiuion, that went to work and built them IA
science hall, the finest in the West. 1t cost me
that the next year. seeing that the boys had to
pay from 50 80 to 81 for their board. built them
for they were good fellows SO said: Look here,
more endowment: you want better professors. Now,
you raise sl5OOOO and will give you another $4,000
and said: Here is s5oOoo cash"not Kansas mort
cages. no sand dunes no swamp lands, but cash. .
that deal
They established coeducaton. and that pleased
me. They were going to have the girls come in.
but they had no cage TO put them in. said: Get
to work and build the finest building you can for
seVentYfive girls, and be sure you get good many
Mary Lyonses and Frances Willards among them "
So gave them 10000 for a beautiful dormitory.
That was very. pleasant thing to do. and am
rather proud OF it, You needn't tell mo I am a
good feow-I know I
HELP FOR BELOIT COLLEGE.
Nine years ago there were about sixty students in
Beoit College and about one hundred in the acad-
envy, now they have more than eighty In the fresh
college and the academy. That is the difference
between the situation then and now.
Now let us travel thousand miles to Colorado
Springs. About thirty years ago | camped one
summer with the Ute Indians. where there was
nothing but little hamlet. missionary started
an academy and college there. and he worked and
dug and toed. but they didn't get along we'll. BY
and ny there came along the right fellow. a bright
smart young fellow by the name of Slocum and
had confidence In that young man. | believed that
he could make that college worth something
said to him "slocum. you raise si5OOOO and will
pay your $4,000 down" He thought while and
finally said he couldn't do It. There were rich men
all around there-twelve millionaires in street
in Colorado Springs What they saving their
money for-savng It TO ruin their boys and girls
and carry them to destruction. ] said 10 them
work three years II necessary to raise $4,000"
They sent a bound book. and In that book
there were one thousand names-the names OF al
the individuals who had contributed toward that
$4,000 | have II ! always require such
list And then | required from the three best bust
ness men OF Colorado Springs evidence that they
had raised the $3.50 900. and had the money In hand
No getting around Il. Everybody must come right
I'M 10 The business mark Now. what have thew