The Atlanta constitution., 1901-12-16
CARNEGIE GIVES MILLIONS.
WOULD ESTABLISH A GREAT
UNIVERSITY.
Wants the Institution Established
at Washington-Proposal Goes TO
Congress for Consideration.

Washington. December 9.-President
Roosevelt has received a letter from
Andrew Carnegie in which the latter Of
fers 10 make a donation of $1D0o.o00 to
the United States. The letter win be re-
ferred to congress 10y the president IN
special message.
Mr.. Carnegie's gift IS for the purpose
of establishing in Washington univer-
sity for higher education A. lar as his
idea has been developed. II proposes
gift after the manner os the beguest oI
James SmithsOn. the Eugiishman VINO
gave $l.Woo00 for the establishment and
maintenance of what is known as The
Smithsonian Institution. SmithsoD de-
sired the Institution founded by him 10
be a factor in THE diffusion OF scientific
knowledge"
AIr Carnegie proposes that the uni
versity which he is to cudJw shall DO
the greatest Institution In the world for
the development of higher education
lie has consulted President Gilman. Of
Johns Hopkins university, President
Ha3ley of Yale; President Eliot. of iiar-
ward, former President White. of Cor
nell. and all the leading educators If
the country. They heartily iu3orse his
plans. The proposed university VIII not
interfere in the least with the eauca-
tioaal institutions already established q.
To the present plan. its doors VIII be
open only To those who desire 10 take up
postgraduate course.
Th, amount OF money to be given BY
Mr.. Carnegie equals the sum If tho
present endowment fund eI Harvard.
and IL is considerably more than the
invested fund of Yale With the G4tn-
ollie university. Washington viii be the
educational center Of the country.
Fly in the Carnegie Ointment.
Washington. December 12-It trans
piroi THAT the Eift of Slf.aa0e3 which
Andrew Carnegie rendered - presi lent
Roosevelt for the founding of great
institution for higher education was not
AN offer Of 100000 IN cash. but the
par value Of that amount fn bonds OF
the United States Steel Corporation
The offer ~ these bonds is cmbarrass-
ing to the administration owing to the
complication which might arise IF the
government accepted them and the uresi-
dent. il IS understood. is now in c0rre-
sponGeuce with -Ir. Carnegie about the
matter il is understood II be his de-
sire that the bonds De- converted Into
cash. II this is done the o1lv obstacle
ia The path of the acceptance Of Iha --u-
erous gift Of Mr. CarueEie HiI ae re-
moved. Pending Jha result If thlS eDrre-
spondence Mr.. Carnegie IS offer is being
withheld from congress.
The president mas conferred with sew
erul senators and repre- tltatiyes about
the matter within the last cav or twu
and all concur with him In tre BELIEF
that the acceptance by tne goEerumer-
Of bonds in the big steel corporation
might subject the administration TO
criticism auI might prove eNceedl1Eiv
embarrassing iu the future.
IL is pointed out Tor instance. tlar IN
the eveis of legal urocetdi-Gs hy the
department Of iusuCe III connection with
the corporation Iht holding ot the COM
pauE's bonds by tine government might
lead TO adverse criticism The SuEgeS-
tiou that thc government accept the
bonds and then dispose ~ them is con-
sidered equally Objectionable
President win Not Accept the Offer
Washington. December 1f--It is said
TO he definitely decided that President
Roosevelt viii ret accept the offer #
Andrew Carnegie Of slo"og" of bones
of the United States Steel Corporation
ior the purpose OF founding arr institution
tor higher education in this city
The views cf prominent senators ard
representatives. as -heE have been given
to the president, are practically un3ni-
NOUS against the acceptance ~ the offer
in Its present SHAPE. The provision aL-
tached 20 the offer that the government
shall hold III bonds foI term Of years
is considered especially Objectionable.
The president. however. is very hopeful
that an adjustment can be made hv
bends which he rendered into cash ~
United States bonds. and that the --ifc
can then be accepted in that shape