The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1905-04-28

besSOrs In Universities, Colleges and
Technical schools in United States,
Canada and observation-disclosures
dent HadIey One of the Trustees.
New York, April 27.-AnotIler great
gift to the cause OF education has been
made by Andrew Carnegie. 1t was left
until after Mr.. Carnegie had sailed for
Europe, on the steamship Baltic yes
terda.y. for an announcement to be
made of his latest philanthropic action.
The amount of the gift is $40. OOO. 900 in
first mortgage 5 per cent. bonds of the
United States Steel corporation, which
will be used to establish a pension
fund for college professors.
The income from this fund win be dis
bursed by trustees, all Of whom will
be college executive officers, with the
exception of Frank A. Vanderlip. vice
president of the National City bank of
this city; T. Morris Carnegie. a nephew
of the, donor Of the fund, and r. A.
Franks, the donors financial secretary,
who is the president of the Hudson
Trust company, of Hoboken. t5G
Besitles Messrs. Vanderlip. Carnegie
and Franks. the following college ex-
ecutives have accepted appointments as
trustees of the fund:
/ President A. T. Hadley, Yale univer-
sity, New Haven, Conn.
President Charles William Eliot, Har-
ward university, Cambridge, Mass.
President William r. Harper, Univer-
sity OF Chicago, Chicago, Ill.
President Nicholas Murray Butler
Columbia university, New York.
Presid ent Jacob G. Schurman. Cornell
university, Ithaca. N. X. zs
President Woodrow Wilson, Prince.
ton university, Princeton, N. j.
President 7. Clark Seelye, Smith col.
lege, Northampton, Mass.
Provost Charles G. Harrison. Univer,
sity Of Pennsylvania, Philadelphia Pa.
President Alexander G. Humphreys
Stevens Institute, Hoboken, N. ].
Chancellor S. b. Mccormick, Western
University of 'Pennsyly ania, Allegheny
Pa.
President Edwin B. Craighead, Tu
lane university, New Orleans, La.
President III. G. King, Oberlin college
Oberlin o.
President C. F. Thwing, Western Re
serve university, Cleveland, Q.
President Thomas McClelland, Kno'
college, Galesburg, Ill.
President Edwin H. Hughes, DePauv
university, Greencastle, Ind.
President H. MrClelland Bell, Drak
| university, Des Moines. Ia.
President George H. Denny, Wash
ington and Lee university, Lexington
Va.
President Peterson, McGill university
Montreal, Canada.
President Manuel Plauzt, Lawrenc
university of Wisconsin, Appleton, wis
President David s. Jordan, Lelan,
Stanford, .jr., university, Palo Alto
| Cal
President w. H. Crawford, Alleghan.
college, Mendvflle, Pa
| President Henry S. Pritchett, Massa
chusetts Institute Of Technology, Bos
ton. Mass.
The donors letter to these gentlemen
asking them to act as trustees Of tn,
fund follws:.
Dear sir: i propose handing owe
| 100000 in 5 per cent. bonds to com
mission, as did to the Research com
mission in Washington, and to the com
mission for Scotch universities the rev
enue to provide retiring pensions 70
the teaching stats of universities, col
leges and technical schools under sue
conditions ais the trustees may fron
time to time adopt. I am able now t
say expert calculation proves that TIL
revenue will be sufficient for the pur
pose.
I hope YOU will do me the favor t
act as one of the first trustees, VIII
will be with few exceptions) the pres
idents Of educational institutions
prompt reply by wire or mail will great
/ ly oblige. Very truly yours,
ANDREW CARNEGIE.