The midland journal. (Rising Sun, Md.) 1885-1947, 1906-12-14
A HIGH HONOR FOR
PRESIDENT ROOSEVELT
Storthing Confers The Nobel Peace
Prize On Him.
now NE WILL USE THE CASH.
Presidents Cablegram, on Being For
mally Notified of His Selection, Ex-
pressing His Qualification and De-
cIaring His Purpose to Endow a
Permanent Fund.

Washington Especially President
Roosevelt was notified that the Nobel
Peace Prize has been awarded to
him. He has accepted the high hon
or, and decided that the income from
the cash prize of $4,000 shall be
devoted to founding at Washington
a permanent industrial peace COM
mittee."
The President was conf1dentiallly
advised by Chairman Loveland, OF
the Nobel committee of the Norwe-
gian Parliament, of his selection, not
to be made public until officially an
nouncedin the Storthing Monday.
This action was communicated to the
President in the following message:
Christiania, December 10, 1906.
President Roosevelt, Washington:
Nobel committee today signifiei
Storthing its decision. Accept our
hearty wishes, expression high es-
TEEN.
(Signed) LOvELAND, Chairman.
Minister Peirce was directed by the
President to read the following mes
sage to the Storthing:
Inc TfeSIuGuI OaDlcSEStIus
l am profoundly moved and touch
ed by the signal honor shown me
through your body in comforting upon
me the Nobel Peace Prize. There is
no gift 1 could appreciate more, and
/ wish it were in my power to ex-
press my gratitude. l thank you for
myself and l thank you on behalf
of the United States, for what l did
/ was able to accomplish only as
the representative of the nation of
which, for the time being, l am presi-
dent. After much thought l have
concluded that the best and most
Atting way to apply the amount OF
he prize is by using it as founda-
ion to establish at Washington a
permanent industrial peace commit
tee. The object will be to strive for
better and more equitable relations
among my countrymen who are en-
gagged, whether as capitalists or
wage-workers, in industrial and agri-
cultural pursuits. This will carry out
the purpose of the founder of the
prize, for in modern life it is as i'm
portant to work for the cause of just
and righteous peace in the industrial
world as in the world of nations. l
again express to you the assurance
of my deep and lasting gratitude and
appreciation.
+ (Signed)
/ THEODORE ROOSEVELT.
The amount of money represented
in the prize is 1885 crowns, or
$37,127.65.
The Proposed Endowment.
The following statement governing
tA.9 proposed disposition of the prize
money, which is said to be tentative
and Jubject to change as regards de-
tails. was made at the White House:
The amount of the Nobel peace
prize will be conveyed by the Presi
dent to the trustees, to be by them
used as the foundation of a fund
the income of which shall be ex-
pended for bringing together in con-
ference at Washington, especially
during the sessions of Congress, rep
resentatives of labor and capital for
the purpose of discussing industrial
problems with the view of arriving
at a better understanding between
employers and employees and thus
promoting industrial peace. The
President, with their consent, will
appoint as trustees of the fund the
Chief Justice of the United States,
the Secretary of Agriculture, the Sec
rotary of Commerce and Labor, a
representative of labor and repre-
sentative of capital"