New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-09
WEALTH SACRED TRUST"
Carnegie Praises Cooper for Meier
SappiRg Independence.

memorial meeting was held last night in honor
OF Peter Cooper at the Cooper Union hall. Every
seat in the large hall was occupied before the meet
Ing was called 70 order by Charles Sprague Smith.
Mr.. Smith walked on the platform with Andrew
carnegie. Mayor Mcclellan sent a letter Of regret
MI smith said in opening the meeting: Deep as
was Peter Coopers love for the people he possibly
loved them more than the man who sent a
check for $4,000 20 the institute This man now
sits on my right and Will let Mr.. Carnegie intro
duce himself"
Mr.. Carnegie received prolonged applause. He
said in part:
You VIII an aEree with ne that the distribution
NE age Perhaps no one has a better reason that
1heIs are great inequalities in the distribution Of
Weath than have. The captain Of industry is a
useful man under certain conditions The true cap
to find what use he can put his money 10 mat It
viii prove Of the greatest benefit TO others.
Scotch mother. DO not forget that daughter He
ne was master OF five trades and were he Iiying
to-cay could be a member in good standing Of five
ing 70 benefit his fellow Whether a man IS a
I41ullnllHonalre or not he should recognize no
=, We hear great deal about foreign missions
pointed the vyav- tiSi an minus I2.e bd for
low. wealth Is sacred trust which should be
The Bishop turning toward Bishop Potter, who
was on the PLATFORM knows the difference between
ence between poverty and wealth
We live IN a grand age. Let this encourage. you
All is wei because all grows better Humanity is
rich become the trustees Of the poor they viii
never sap the manly spirit Of independents
hold that Peter Cooper lee the way and showed
as the example. He taught that wealthy men
lrerolye Te,fb i 6 tSr coyIo POO ana mo-, aS
trustee under the moral law We are an in
announce that principle. and we are here tonight
10 DO him honor.
Bishop Potter was introduced as the peoples
Bishop.
81 think %, la did .gr m, o,.l.la5 "a that
title my first duty is 10 ordain NIr Carnegie
Continuing. tbs Bishop said in part:
This institution 81 has contributed probably "a as
IDEAS cannot say tRat there S e is ang scotch blood
IN my veins. but there is Revolutionary. as my
ancestors fought IN the Revolutionary War We
shan not be saved in America by restraint. but by
Tor the propagation OF Iueas.
Edward y Shepard said Nev-York had never
known a benefactor TO equal Peter Cooper
Recorder COZ said IN part:
As a former student Of Cooper Union. 7 deem It
a great privilege TO come here tonight to pay my
Cooper was the first TO found Intellectual home
TOT the intellectually homeless He recognized that
had been already settled defined, but that In
the institutions Of the world none OF them were
adequate to meet the requirements Of the nine
teenth century. New conditions needed new men.
Bat 20 the glory Of Peter Cooper, he never es-
tahllshed soup kitchen II he had had his way.
ana could have carried out his ideas 10 their loEi-
"a poorhouss iu the country.
tl4 90 tfflIifr the early GAYS OF inc ll~ll-
tute- The atmosphere was elevatinE. It inspired
noble ambitions This institution was not founded
Tor the spoiled GaruE Of wealth. nor for the
college graduate given 20 the formation 81 Greek
letter societies. which some faeetous gentlemen
have called this the 'mirTonus hdrharieusls.' and
others the .microbus rowdyensis." daughter and
applause
/ have never known or heard OF boy who ever
imbued tho spirit 81 this Institution who became
either criminal or a p1Iper- would say one
word % the board o. trustees Of This institute
that they have one Of the most delicate trusts iu
%" country. This institution was not founded
Tor The higher or frczeoed education. and / hope
that the trustees will never raise tho bars for quail
fcatious for entrance $50 high that Peter Cooper
himself could reach tErrn