The daily morning journal and courier., 1900-02-24

go College, Fargo, N. D., $50,000; Mount
 Holyoke Seminary, $15OO00; the Chicago
 Art Institute, $15,000; Berea College in Kentucky, $l00090; Marietta College,
 $25,O00; McKendree College, $25090; Grand Prairie Seminary, Onarga, III,
 $2O,o0O; Whitman College, &12O,000; Pa cific University, in Oregon, $6O,0OO; Po-
 mona College, in California, 50,000;
 Bradford (Vt.) Public Library, $2,000; | Presbyterian Board of Missions, $20,-
 GOO; First Presbyterian Church, Chicago,
 $10,OOO; Olivet College, Michigan, $25,- 900. Farmount College, Kansas, $50,0O0; Carleton College, Northfleld, Minn., S50,-
 coo; Chicago City Missionary Society
 $12000; Anatolia College in Turkey, $20,
 000
 | The balance of the $2,50 ,000 which
 pr. Pearsons has given up to this time | was in smaller amounts many of them given so quietly that no one but the
 recipients knows of them. At one time | pr, Peareons had $150,000 loaned to needy students at per cent | It has been his intention from the start to be the executor of his own will
 and to See all his fortune bestowed for the good of the public before his death. In the same spirit that he has been
 erecting monuments for himself in the form of colleges all over the United
 States, Dr. Pearsons also erected his
 own tombstone four years ago in the cemetery at Hinsdale T desire to
 have my affairs all arranged before I die,' he said in explanation, 'so that I shall have only to lie down and rest at
 +I,; ment was brought from Barry, Vt, where Dr. Pearsons taught school in 1S3O
 Within five years Dr. Pearsons ex- poets to have carried out all the plans formed by himself and his wife years ago, to di pose of all their fortune. This means that $1500,000 in donations still remains to be announced. Sums aggre- gating S500.000 will be given to fourteen colleges and educational institutions on March l, and Dr. Pearsons' plans will be a step nearer fulfllment,
 On this remaining $l,500,000 it is his intention to require an annuity of two per cent, or thirty thousand dollars year, payable up to the death of him. self and his wife, so that they will be- come the Eeneficiaries of those to whom he has given. With this income of thir ty thousand dollars year, far beyond what he considers his own needs, he will rest and watch the good being done with what he has given.
 pr. Pearsons and his wife never have had a child to whom they could leave their fortune if they had wished to dis pose of it in that way. Their affection is centered on the small colleges they have helped to build up, and, although the doctor will be eighty years old in a few weeks, both he and his wife ex- pect to watch their gifts develop for years to come. To insure himself as long life as possible. Dr. Peearsons re- tires every night at eight o'clock and rises every morning at six. His office | time is just two hours, and within a year or two he plans to give up even 1 that
 "On that thirty thousand dollars a year for myself and wife, which I think am entitled to, I expect to enjoy my self,' he said
 In view of the fact that Dr. Pearsons and his wife never have spent over fif- teen hundred dollars for housekeeping expenses in one year, his friends say hat his chief reason for providing him. self so large an income is that he may Q the time of his death-a habit. they 'ay, he has found 1t impossible to shake Tribune.