Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-06-29
John D. Rockefeller Makes a
Gift of a Million Dollars
to University
ALUMNI, TO GIVE A MILLION
Graduates of the Institution Wild
With Enthusiasm at the Big Endow-
nent Which Has Been Made-Rock-
efeIIer's Gift Causes Sensation On
Account Of Tainted Money" Talk.

New Haven, Conn, June 29.-One
thousand graduates of Yale went wild
With enthusiasm in Woolsey hall at
tie annual alumni dinner when Presi-
sity, announced that John d. Rockefel-
Ter, president of the Standard Oil
Company had given $1,000,000 to Yale,
the largest single donation ever re-
ceived by the college. The sensational
announcement came at the end Of the
after- dinner speeches, which had
aroused the graduates and guests to
a high pitch of enthusiasm.
Il have an announcement to make
which did not make at the alumni
Eeeting yesterday, because thought
it would be more fitting to make at
this time said President Hadley. All
eyes were turned on the president and
ears were strained to catch what he
bad to say.
Il want to say that the university
has received a gift of s1,o00.000 from
John d. Rockefeller said the presi-
dent. He got no further. The diners
arose Ell masse. Napkins were waved
and all cheered themselves hoarse.
Million by Alumni.
When the excitement had partially
subsidized President Hadley sprung an
other surprise which he had been
keeping in -yaiting. He announced that,
still another million had been sub
nriL tO
fund of the university by graduates
$4,000 to s250,000.
Another outburst Of applause and
enthusiasm swept the hall and 1t was
several minutes before the speaker
could proceed Then he said: The
only condition Of any kind underlying,
Mr.. Rockefellers gift is that the money
is to be invested An income producing
securities and preserved inviolate as
an endowment for the institution, the
annual income only to he used for cur
rent expenses"
Then President Hadley took sshy
at the method of another we'll known
philanthropist by saying: you see,
there Is no condition Of raising an
equal amount elsewhere. But had
there been such a condition we would
have been unable to meet it for an
equal subscription has been re-
ceived from our graduates. am not
at liberty to announce their names for
this is only the beginning of this fund,
and should not have made the an
nouncement had not this gift of Mr.
Rockefeller's been received. II Yale is
to maintain her position among the
universities this amount must be at
least doubled within the next year."
The cheering which greeted this an
nouncement was deafening and pro-
longed.
Purify "Tainted Money"
The gift of Mr.. Rockefeller to Yale,
following SO closely upon the tainted
money" discussion incident to the pro-
test of members of the American board
to the acceptance of the gift to the
organization, has created sensation
at Yale. Everywhere about the cam
pus last night The matter was discuss
ed in connection with the speech
Tuesday at Yale alumni meeting by
United States Senator Frank Bran
dege of Connecticut, member of the
class of 1890, who said: Among the
alumni of Yale are men far richer than
King Akbar, who built the Tai Mahai
to satisfy woman's whim, and his
own vanity. TO them ] say there is
no such avenue to the upbuilding OF
this country, and the elevation of pos
terity as the liberal endowment of this
grand old university. Bring on your
tainted money. We will purify it with
the Yale spirit and consecrate it to the
blessed mission of educating noble
men to uphold the institutions of our
glorious country, and with wisdom,
patriotism and liberal conservatism,
keep her in the front rank Of the ma
tons Of the world"
Yale men last night denied that Sen
ator Brandege's speech was meant to
pave the way for the announcement of
Mr. Rockefeller'S gift.