Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1904-02-03

EnOtner year mas closed ana the
millionaire phllanthropists lave ended
their annual effort to give away their
earnings and diminish their principal.
Mr.. Carnegie is the most conspicuous
figure in the group, not only because
he gives far more than any other, but
because he is the one who discovered
that it would be disgrace to die rich,
and this set the others to thinking.
The library is still hobby with him,
and during the year he gave $5,595,500
for library buildings, in ninety-siX cities
and towns in this country. He began
giving away libraries in 1900. Since
that time ne has given 1923 in the Uni
ted States, at cost of $21, 722, 800 In
addition to these he gave $35O,00O for
a library in Toronto, 100000 for
libraries in England, and $125,OOO for
library in Barbados. He has given
to colleges and other institutions in
this country and abroad 1857 600; to
churches, $34 800; to The Hague Court
of Arbitration, $1,750,O00; for scientific
research in Scotland. $5,O00,O00; for
phonetic reform, $4,000; for the New
York botanical garden, $4,000; to the
town Of Dunfermline, Scotland So, $780,
600; to the New York Engineers Union
Home, $1,O00,000; for a pension fund
for disabled workmen in the Carnegie
Steel works, 100000. This makes
a total OF $50, S24,5OO. He has not
touched his principal. He has not
given away this years income, which,
in round numbers is $26,000,00O He
must give away $50 every minute to
dispose of his income alone Then
think of his huge principal! 1t would
be rash to say that J. D. Rockefeller,
Sr., is haunted with fears of disgrace
if he should be found dying with
money III his Golfers. His income,
probably, is larger than Mr.. Carnegie's,
yet, while the latter has given away
500, 1924, 800, Mr.. Rockefeller has given
away but $3,044597, and more than
one-half OF this to the University Of
Chicago. Ills other donations include
S173, 800 70 religious bodies, $3.50, 900
to colleges, and $66, 666 to the Nebraska
State University, which that institu-
ton finally declined to accept on high
moral grounds, notwithstanding the
tempting array or skies; and $50, 900 to
charity. Henry Phipps, another phil
anthropic millionaire, has given away
81 1886, 900, of which $1,500,000 is for
a noble purpose, free hospital for
consumptives DR.. d. X. Pearsons has
kept his lever pretty busily at work,
but he has only given $4,000 to five
little colleges and $4,000 to charity.
The doctor, however, may make a
better record in 1904, for he has over
100000 Of pledges to clear up in
June, and after that he proposes to
start in afresh, for he is determined
that when he goes there will be none
of his money left for any one to scram-
bile over. And what has J. Pierpont
Morgan given? Just $4,000 to the
American Archaeological school in
Rome, whose dozen or so pupils are
watching the forum excavations These
five men, who are the principal mil
ionaire philanthropists, combined
have given away about $31 100000
during the year. AS they are elderly
men. and life is uncertain and time
is short, they must eXpediate their
benefactions if they do not intend to
make their exit until they have given
back to all they have received. And
vet their $31, 900, 900 will Go great good
In many ways.