New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-16
A HERO FUND OF S5,OOO,OOO
DIR. C4RNEGIES LATEST.
He Makes Provision for Those Who
Offer Themselves for Others.

Pittsburg April 15.-It was made known here
to-day that Andrew Carnegie has created a fund
OF SJ.OOO.OO0 for the benefit of the dependents
of those losing their lives in heroic effort to
save their fellow men, or for the heroes them
selves If injured only" Provision is also made
for medals to be given in commemoration OF
heroic acts.
The endowment is to be known as the Hero
Fund" and consists Of 5000 900 OF first coIat-
eraI per cent bonds OF the United States Steel
Corporation The trust is placed in the hands
of commission composed Of W. L. Abbott. Ed
win H. Anderson. w W. Blackburn. Edward
NJ Bgelow. Joseph Burlington William N. Frew.
the Rev. DR.. w ]. Holland. John B. Jackson.
Thomas Lynch, Charles G. Mellor T. ". Miller.
Thomas Morrison. Frederick c. Perkins. Robert
Pitcairn, II. Kirk Porter. James II. Reed. W. L.
Scaife William Scott w H. Stevenson and z.
NJ. WiImOt and Charles L. Taylor. The commits
sion met here to-day and organized by electing
Mr. Taylor president and Mr. Wilmot secretary.
This commission held it's first meeting here
to-day and made known the project 1t is
learned that the scheme was conceived by Mr.
Carnegie Immediately after the Harwick mine
disaster. when he summoned to New-York
Charles L. Taylor. chairman. and F. NJ Winnot,
manager OF the Andrew Carnegie Relief Fund
10 discuss with him plans for the relief Of the
sufferers from this catastrophe. On this occa-
sion Mr Carnegie announced TO Messrs. Taylor
and Wimot his intention to endow fund for
heroes. outlined his plans and asked that they
consider the project and write him regarding it,
making such suggestions and giving such ideas
as might occur To them. This they did and on
March II Just before his departure for Europe
Mr. Carnegie forwarded a letter TO Mr.. Taylor
announcing the plan. and stating that the GER
thcate of the bonds had been placed IN his
hands
In letter to the Hero Fund Commission Mr..
Carnegie outlines the general scheme Of the
fund which. in his own words is:
To place those following peaceful vocatious who
! life, somewhat better positions pecunariy than
the widow and children or other depe ndentS 70 be
provided for until she remarries and the children
iren exceptional grants may be made Tor education
Grants of sums Of money may also be made 70 he
bic. each case to be Judged on its merits
1t is provided that no grant Is to be continued
unless it be soberly and properly used. and the
recipients remain respectable. well behaved
members Of the community. a medal shall be
given to the hero or widow or next OF kin which
shall recite the heroic deed It commentaries
The medal shall be given for the heroic act.
even If the doer be uninjured. and also sum
OF money. should the commission deem such
gift desirable
Mr.. Carnegie warns the commission against
the danger Of interference or conflict with the
pension funds for municipal employees that exist
In many cities and urges IL to act IN harmony
with such funds. This. is the with all
the details of the funds administration. is left
10 the commission.
The claims upon the fund for some years. II IS
believed. cannot exhaust IT. After a few years
however the pensioners viii become numerous
Should the commission find. after allowing lib
/ orally for pensions, that surplus will remain.
! II has power 20 make grants in case Of acct
dents (preferably where hero has appeared) TO
those injured.
Foreseelng the probability that cities and EN-
ployers on this continent will ultimately be
| placed under similar conditions 10 those Of
/ Great Britain. Germany and other European
countries. and required to provide against acci-
/ dents TO employees. the commission is empowered
/ by a two-thirds vote to devote any surplus that
may accrue to the relief OF those in want caused
/ by TO fault Of their own. The field embraced by
the fund is the United States and Canada and
the waters thereof. Mr.. Carnegie's letter says:
action is more heroic than that OF doctors and
nurses volunteering their services In the case OF
heroism- All these and similar cases embraced.
Whenever heroism is displayed by man or woman
/ IN saving human life, the rund applies.
The usual provision for reports and account
/ ingS is made. and IT is directed that a roll OF
the heroes and herolnes shall be kept displayed
in the office at PttsbU-g.
The commission has full power TO SELL invest
or re.nvest all funds.