The labor world. [volume] (Duluth, Minn.) 1896-current, 1907-02-16
SHALL JOHN D's GIFT J: !.
!. STOP WAR ON TRUSTS?
Mayor Tom Johnson Of Cleve-
land Says Donation is for
:Rockefeuers' Protection. p
Offer is Not in Cash--D eclares
They are Securities, and
Liable to Lose Water

CLEVELAND. O.. Feb. 14-When It.
was announced last week that Mr.:
John D. Rockefeller had, given $32,O00.-
900 for educa ton, almost everyone be-
gan I'd guess the motive which prompt
ed the old fraud to let loose. .".:
Among the strongest critics were
President A. w. Harris Of the North
western University Of Chicago and
Thos. Johnson, Mayor Of Cleveland.
The former declared that the gift will
make the strong colleges weak, and
the weak colleges weaker.
Mayor Johnson hit right from the
shoulder and said:
''The gift was merely as bid for
the perpetuatien Of the special privi-
leges which the oil king enjoys"
Poor Colleges Left Out.
President Harris said:
The colleges that need the money
the most cannot afford to have it be-
cause Of the conditions which n1i1st be
complied with to get it. For instance,
Beloit was offered 100000 by the
| board as one-third Of an endowment
| On condition that the college would
raise the other tWo-thirds, 100000.
This Beloit found impossible and con-
sequently could only obtain $4,000 Of
the amount. The college that can
raise two thirds Of such an endowment
| is not the college that needs the money
the most.
When asked if Northwestern Univer-
sity would make a request for some Of
| the money President Harris said:
| This university did not ask for a
| share of the $11,O00,0OO donated by Mr..
Rockefeller some time ago, but I think
! we are entitled to some of it as other
colleges:
U. Of c. Not Let In. -
The University Of Chicago will not
directly share in the gift. The dona-
ton, it is said, is intended for the bene-
| fit of small and unendowed universities
and colleges.
The Mayor of Cleveland further de-
clared that it Is certain that no edu-
cational institution which pays any
| particular attention to the preaching OF
| political economy will receive part of
the benefits OF the gift. Nearly all the
other gifts Rockefeller has made to
schools and colleges are regarded in
the same light by Mayor Johnson.
"What sort Of gift was it, anyway"
tho Mayor asked. ut was not cash.
as understand it. What was it, then
Let us suppose tho case. Was it
Standard Oil stocks? Hardly. Was j,
tho bonds Of cities states, Or perhaps
raiiways7 Most likely it was railroad
securities"
EVERY one Of" these is q mortgage
on the future. :: =
::>'>' squssxs Watsr From, Stocks >'
Some day 1t will develop, perhaps
that the special privileges that these
railroads enjoy and that the people
are becoming educated more and more
every year to curtail and Withdraw
will be threatened. This will result ir
a sudden squeezing out Of the water ir
these stocks.
"Then there will 60 up cry that
the great educational interests de.
pendent upon the return from these Sc.
curities are threatened. There will bt
{. talk also Of what the widows and or.
phans are in danger of losing. Maybe
condition will be presented that ma,
have protective effect for the corpora.
tons involved.
Git With String TO It.
Il understand that board in tn,
East will have sole charge of the dis.
tribution Of the funds. Right here
predict that this board will not bestov
l one dollar Of these securities upon an,
institution maintaining a chair of poli
teal economy that teaches the truth O.
what wealth really is or Of what thes,
securities are"