The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1907-05-01
THE JEANES FUND BOARD.
Booker T. Washington and President
Frisscll Met in New York to Name
Men to Handle S1,OOO,O00 Endow-


ment.
New York, April 25.-Booker T.
Washington. president Of the Tuske-
gee Institute, and Hollis Burke Fris-
sell Of Hampton Institute, came to
ganizing a board Of trustees to han
die the endowment fund of s1,OOO,-
coo given by Miss Anna A. Jeanes of
Germantown, Pa, for the assistance
and maintenance Of elementary
schools for negroes in the south.
{ DR.. Washington said last night that
the board would consist mainly of
southern men, some white, some ne
groes and that the utmost care is be-
| ing taken to pick such men as are
qualified in every way for the han
ding Of such a sum.
] Although neither DR.. Washington
nor DR., Frissell would tell the names
Of any Of the men they have in mind,
it is understood that Robert C. Ogden
will be one of the trustees if not
president of the board. Mr.. Ogden
has long been a leader in the work
of improving southern educational
conditions. His long business train
ing has given, him exceptional qualif-
cations for the handling of an endow-
ment fund. When Mr.. Ogden retired
! from business several months ago he
said that his active interest in south
! ern educational affairs would not
cease.
It is understood that DR.. Washing
ton and DR.. Frissen have already
conferred with Mr.. Ogden regarding
the fund that has been left Temporal
rily in their care. The two negro un-
iversity presidents were instructed by
Miss Jeanes to organize board Of
trustees. They refused last night to
say how large the board would be,
but it is likely that II men will be
chosen.
"The entire personnel Of the board
| will not be complete until Friday,
probably" said DR.. Washington last
| night. 81 am not at liberty to discuss
the endowment until the board has
been named. I may say, however,
that we hope this endowment Of ST.
900, 900 will be the nucleus Of a gi-
gantic sum for the assistance and
| maintenance of elementary schools
in the south, an assistance which is
so badly needed"
He said that none Of the money can
| be applied either to Tuskagee or to
Hampton as the terms of the gift ex-
plicitly state that the interest from
the endowIns g, shall be applied only
| to elementags schools.
One of tte Srst acts Of the board
Of trustees ~! be to appoint what
will be known as field secretaries
whose duties will be to investigate
school conditions in rural districts Of
the south. Mr.. Cox, private secre-
tary to Dr. Washington, explained
the exact purposes for which the fund
is endowed. He said that the country
schools which are unable to pay the
salary of a teacher for longer than
few months of the year will be aided
by the fund. thus 1engthening the
scholastic term. Underpaid teachers
in the rural districts will also come
uader the provisions Of the endow-
ment.
DR.. Washington is responsible for
many Of the stipulations in the en-
dowment because it was only after
many conferences with him that Miss
Jenaes annunced her intention of
giving the s1,O0O.OOO to encourage
the education of the. southern negro
The principal of the endowment
cannot be touched The interest from
the securities is now about $4,000 a
year, and with judicious management
may reach s5o.000.
Dr. Washington and Mr.. Frissell
will meet this morning in the Man
haitian Hotel to continue their delib-
erations upon the selection Of
board.
*Kodol for dyspepsia clears the