The Washington times., 1902-01-30
Called Signatures Forgeries.
CARNEGIE INSTITUTE
SAFELY LAUNCHED.
lcontlnued From First Page.l

to them, and the idea of Washington
university of anything of memorial
| character was therefore abandoned.
''It cost some effort to push aside the
tempting idea Of a Washington university,
founded by Andrew Carnegie, which the
president of the womans George Wash
ington Memorial Association was kind
enough to suggest. That may be reserved
for another in the future"
Introduces the Deed.
When Mr.. Carnegie had finished the
trust deed was read. In it Mr.. Carnegie
explains more fully his objects and pur-
poses. This is the trust deed:
81. Andrew Carnegie, of New York,
having retired from active business, and
deeming it my duty and one of my high
est privileges to administer the wealth
which has come to me as trustee in be-
half of others; and entertaining the conf
dent belief that one OF the best means OF
discharging that trust is by providing
funds for improving and extending the op
portupities fer study and research in our
country; and having full confidence in the
gentlemen after named, who have at my
request signifed their willingness to
carry out the trust which / have confided
TO them, therefore, ! have transferred to
these, the trustees OF the Carnegie Insti-
tuition OF Washington. ten millions of reg
istered five per cent bonds of the United
States Steel Corporation.
The trustees shall have the fullest
power and discretion in dealing with the
income of the trust, and eXpending it in
such manner as they think best fitted to
promote the objects set forth in the fol-
loving clauses:
The aims of the trust are as follows:
Rcscurcb Its Motive.
TO promote original research. paying
great attention thereto as one of the most
important of all departments.
ITO discover the exceptional man in ev-
cry department of study, whenever and
wherever found, inside or outside of
schools. and enable him to make the work
for which he seems especially designed
his life work.
To increase the facilities for higher
education.
ITO increase the efficiency of the univer-
sites and other institutions of learning
throughout the country by utilizing and
adding 10 their existing facilities and aid
ing teachers in the various institutions
for experimental and other work in these
institutions as far as advisable.
To enable such students as may find
Washington the best point for their spe-
cial studies TO enjoy the advantages OF the
museums libraries, labora tories, obserya-
tory, meteorological. pisciscultural, AMI
forestry schools and kindred institutions
OF the several DEPARTMENTS of the Gov
ernment.
To ensure the prompt publication and
distribution of the results of scientific
investigation. field considered highly
important
If in amy ear the full income of the
trust cannot be usefully expended or de-
voted to the purposes herein enumerated,
the committee may pay such sums as
they think fiji into reserve fund, to be
ultimately applied to those purposes. or
to the construction OF such buildings as
may be found necessary in Washington.
After some consideration of bylaws.
the trustees elected permanent officers.
These are as follows:
Abram S. Hewitt, chairman OF the board
Of trustees; John c. Billings, vice chair
man Charles d. Walcott, secretary, and
Daniel C. Gilman president of the Car
negie Institution.
There Will be another meeting of the
board tomorrow morning at the New VIII
lard Hotel.