Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-03-17

| FldSIer, MIS-. f1ettie GIreeT, S3o,-
100000; Henry Phipps, s45,0OO,OOO; James
Henry Smith, $4,000. 600; ]. D. Archbold.
$40, COCO James Haggin, $4,000, 600; A. g.
Vanderbilt, $35, 600, 600; John H. Flagler,
s35, 100000; C. Spreckels, 1872 OOo, 600; J. og-
den Armour, So, 600 600; P. A. B. Widener,
$50, 600. 600; w. H. Tilford. s25, 100000; Helen
Gould. SIS, OO0, coo; Thomas F. Ryan, $25.-
600, 600: Charles T. Yerkes' estate, 5000.
Oo0 Ogden Mills, $25,oOO.oOo; Frederick
Pabst, $25, ZOO 900; John Wanamaker, $25,-
100000; John w. Gates. $4,000, Geo. James
Stillman, $40 600. 600; Jacob III. Schiff. $780,
600. 600; E. H. Hartman, $50, 0O0, 600; George
w. Vanderbilt, $15,OO0,0 600; F. w. Wander
| bilt, S15, 600 coo.
Nearly all of these millionaires US
ing their wealth to turn it over: to double
it; to treble it, Incidentally, the greater
part of them give to charity. Two or three
| make it a business of giving.
John D. Rockefeller is the foremost of
the worlds great givers just as he is the
foremost of the worlds great money max
ers. Rockefeller has given away some
thing like $94,OO0.O0O, nearly as the
amount can be estimated. Suppose, now,
he had given nothing. He Isl frugal man
lTOiu cuOice HIS ldHlily lEuSdi, Sitilei
from choice or by the wishes of the master.
Taking his own figures, therefore, if he did
not give away millions he would save about
$20,OOO,O0O a year. In fifteen years he
would have another $500, 900, 0O0-taking
no account of the natural, perhaps the
unnatural, increase of the original $500.
GOO through business investments-and
his income would be 100000 a year in
stead goo coo 600 n another fen
this accumulated income would amount to
500 100000, which added to the 5000 0O0
COO would make his estate worth 81 ,000-
600 600 After this 1t would be only a case
of mathematical progression before his
estate, if it were managed with the same
astuteness and thrift as it has been man
aged by the present head of the family,
would be worth unthinkable billions.
Is not John D. Rockefeller, then, out of
sheer -protection-to keep from being
buried beneath golden showers-compelled
to give away vast sums and thus prevent
his ever-increasng wealth from expanding
to alarming proportions?
x
1t has been estimated that between $780,
100000 and $50, 900 are given to charity
in the United States every year. This
money has been made to cover all fields of
endeavor known to the experts of chari-
table organizations. Millions of dollars
have been expended wisely Perhaps mil
lions have been expended fooishly. 1t
seems like easy thing to give away mon
ey. When one has determined, however,
to give away millions and give them away
judiciously, the proposition is evolved into
science. On every side where one may
turn in this country are evidences of the
free hands of the givers Magnificent
schools colleges, libraries, hospitals and
public institutions appear in all the cities
and in many of the smaller towns Mil
lions are expended in providing for the
poor by private means outside of the regu-
lar work of the state and municipal gov
ernments. Private schools for technical
work, institutions for scientific research,
homes for the blind, for the deaf and dumb,
for the crippled. for the old, for the or
phans-for all classes, all conditions of
poor and needy-are maintained Museums
of fine arts, of education, of natural his
tory, are founded expeditions are equipped
for the discovery OF new lands and new
peoples: missionaries sent to all parts
of the globe; churches and cathedrals are
money may be donated it is given freely,
eagerly.
Andrew Carnegie is about as great a
gver as John D. Rockefeller. Mr.. Car
negie has given away more than $50, Co.,
600 OF this amount the United States has
received about $40, oOO,OU0 Rockefeller and
Carnegie have given away more than any
other two men in the new and the old
worlds. Their gifts are so colossal that
the mind cannot grasp the immensely of
the figures representing them. Among the
other great givers in this country were Lee
land Stanford who gave S2O,0O0.0OO and
Mrs. Stanford, who gave $4,000, 600 to Lee
land Stanford Junior University; Marshall
Field, S13, 100000 to the Field Columbian
Museum; Stephen Girardfi $SOOO,OOO to Gil
rard College: Johns Hopkins. $1,000, 600 to
Johns Hopkins University and Hospital;
George Peabody $7,OoO,0o0 to educational
benefactions; William Marsh Rice, $780,
G2O to Rice Institute; Ezra Cornell, $6,OOO,-
coo to Cornell University; d. B. Faver-
weather, $4,OO,G0O to various colleges, and
Cecil Rhodes, $7,000,0GO to the Anglo
American scholarships.
best possible uses. 1t is probable that
There is a power for good and a power for
evil in the concentration of all this wealth
that the opportunities of America have made
possible.
But what would you do with your $780,
OOO0OO?
The chances are that you would do Just
about what other men and other women
who might have that amount or what
other men and women who have any large
amount of wealth doing today with
their money.