The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1902-01-14
ANDREW CARNEGlE'S
TEN MILLION GIFT.
WILL DE IN THE FORM OF FIVE PER
CENT Is ,NDS
Tho Board OF Trustces Elected The Object,
Purpnro and Scope of tho Proposed
Instttution n Set Forth by Nsr
Carnegie Himself.

stitution, which has been incorporated
here under the $1O,000,O00 gift of
Andrew Carnegie. Ths only indi.
dioation AZ to tho form Of the gift is
that it will be in Give per cent.
bonds" This is referred to in sin-
gle sentence ns follows:
at il the purpose Of Mr.. Carnegie
to transfer $lO,000,000 in five per
cent. bonds to the board of trustees
for tho purtoses above mentioned"
Tho announcement was made in
tho form Of statement given out by
Chas d. Walcott, secretary Of the in
corporators, in accordance with the
Expressed wish OF MIR. Carnegie.
The board Of trustees elected by
the lncorporators to carry out the
purposes Of the institution as indi-
Gated, arc as follows
Ex orFloIo..
The president Of tho United States.
The president Of the United States
senate.
The speaker Of the house Of repre-
sentatives.
The secretary of the Smithsonian
institution.
The president Of tho National
Academy of Science.
Grover Cleveland, New Jersey.
John s. Billings, New York.
VIM. N. Frew, Philadelphia.
Lyman j. Gage, Illinois.
Daniel G. Gilman, Maryland.
John Hay, District of Columbia.
Abram S. Hewitt, New Jersey.
Henry l.. Higginson, Massaohu-
setts.
Henry Hitchcock, Missouri.
Chas. l.. Hutchinson, Illinois.
Vim. Lindsay, Kentucky.
Seth Low, New York.
Wayne MacVeagh, Pennsylvania.
ID. o. Mills, California.
S. Weir Mitchell, Pennsylvania.
w. w. Morrow, California.
Elihl Root, New York.
John G. Spooner, Wisconsin.
Andrew d. White, New York.
| Edward d. White, Louisiana.
Charles d. Wolcott, District Of Go.
lumbia.
Carroll D. Wright, District Of Co.
lumba.
The board of trustees will meet to
organize and elect officers, in the
Office Of tho Secretary of State on
January 20.
MIR. Carnegio's purpose as stated
by hlmself in requesting the various
members of the board to become
members is as follows:
ut is proposed to found in the city
of Washington, an institution which,
with the co operation of institutions
now or hereafter established, here or
elsewhere, shall, in the broadcast and
most liberal manner encourage in
vestigation, research and discovery;
encourage the application of knowl-
edge to the Improvement of man.
kind, provide such buildings, labora-
tories, books and apparatus as may
} be needed, and afford instruction Of
an advanced character to students
whenever and wherever found, inside
or outside schools, properly qualified
to profit thereby.
} "These and kindred objects may
be attained by providing the neces-
sary apparatus for experimental
: work, by employing able teachers
t from tho various institutions in
Washington or elsewhere, and by
enabling men fitted for special work
to devote themselves to it, through
salaried fellowships or scholarships,
or through salaries with or without
pensions in old age, or through aid
in other forms to such men as con.
tinue their special work at seats of
learning throughout the world.
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"The face of the returns,' said
the chairman of the meeting,
"shows sixty-seven ayes and no