Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1905-05-18
BRIBING TEACHERS MURDERER ESCAPES
ANDREW CARNEGIE'S new SUB.
SIDY FOR PROFESSORS.
Ten Millions of Dollars Set Apart for
Making the Colleges of the COun-
try Silent Partners in the Steel
Trust and SubSidize the Educators
of the Nation.

Andrew Carnegie, in his effort to get
rid of his wealth. has stumbled upon one
OF the most successful plans for subsidiz.
ing public opinion vet discovered. He
has set apart ten millions in steel trust
bonds AS fund for the aid of super
anuated college professors. The income
will amount to 100000 a year, and this
will furnish an annuity OF five hundred
dollars to one thousand teachers, or an
annuity of one thousand dollars to five
hundred. He has named the presidents
of some twenty-five OF the largest private
colleges as trustees Of the fund. What
will be the influence OF this fund?
First, the trustees can not we'll de.
nounce the steel trust while they ad.
minister fund drawn annually from
the treasury of the trust, and their
silence will have its influence upon the
subordinate teachers in those colleges.
What will it mean to have the leading
colleges in the country made silent part.
ners with great monopoly? 1t tends
to paralyze the educational work which
the colleges ought to be doing.
What will be the influence of the
prospective annuities on the thousands
of professors who will be looking forward
to the aid thus promised? How many
defenses cf and excuses for monopoly
will these annuities purchase?
When Mr.. Carnegie was simply sue
cessful manufacturer his donations lacked
the poison which they now contain. To.
day he is, next to Rockefeller, the great
est beneficiary Of the trust system
Many have opposed his gifts to libraries,
but the fact that the cities have to keep
up the libraries and the further TACT that
the benefit to each person is too small to
calculate-these reasons have led to the
general acceptance of his libraries, but
IN the case OF the fund for the aid OF
INDECENT professors the natural and in.
evitable tendency will be to suppress the
discussion OF the trust principle and
trust methods just where they should be
most thoroughly investigated.
Now. if Mr.. Carnegie will provide an
annuity for needy editors, another for
aged ministers and still another for
superanuated congressman, senators and
politicians, he will have the batteries
pretty effectually silenced, and he could
establish all these funds without ex-
hausting the sum which he is drawing
from the public by the elimination of
competition. If he wants to return to
society the money he has drawn from it
let him invest his money in government
bonds and then surrender the bonds for
cancellation. The people would then be
benefited in proportion as they pay
taxes. Or, if he wants to leave a monu.
ment, let him build an airline railroad
from ocean to ocean, with branches to
the main distributing centers and give it
to the government. Such gift would
yield an annual return to aid the reven-
ues and would regulate rates more effect
lively than any rate law.
Under just laws Mr.. Carnegie could
never have accumulated his enormous
fortune and it is adding insult to injury
to so distribute it as to prevent the re.
form OF the "system.'