Omaha daily bee., 1910-12-21
Would Have the Public Understand
Limit of Assistance.
OTHER FRIENDS MUST ss1sT
People Should Conduct 2 ppOrt c
Organization in Fl 49, n
SENDS LETTER TO T ENT
Founder Says His Expecta "a
Been More ThaR Realized E
Success and influenced
University.

has completed the task he set for himself
in the founding OF the University OF Chi
cago Today public announcement was
made OF single and final gift of Sl0.-
OOOO00 which includes all the contributions
Mr. Rockefeller had planned This sum-
TO be paid in ten annual installments, be-
ginning January J. viii make, approx
matey $50, 10000 he has donated TO the
university.
Mr. Rockefeller says he now believes the
school should be supported and enlarged
by the gifts OF many rather than those of
a single donor This, he believes, will be
better accomplished II the public under
stands the limit of his contemplated as
sistance. The founding Of new depart
ments he leaves to the trustees, as he says
funds may be furnished by other friends
of the university.
Up to date nearly 100000 has been do
mated to the university in addition to MIR.
Rockefellers gifts.
with the announcement of Mr.. Rookie
feller's final donation came the resigna-
ton OF John ID. Rockefeller, jr.. and Fred
T. Gates, Mr.. Rockefellers personal rep
resentatives, from the university board of
trustees In enclosing these designations
Mr.. Rockefeller explained he was carry
should be controlled, conducted and sup
ported by the people," with whom up to
now. he had simply been co-operatin?.
withdraws from Control.
Mr.. Rookefellers idea, as it is under
stood is that he is turning over the inst-
tuition and its endowment to Chicago and
the west and in so doing withdraws from
any further representation in its control
The announcement Of the gift was made
at the quarterly convocation at the uni
versity this afternoon.
The gift was announced IN letter to the
president and trustees which was read by
President Ryerson. II says;
NEW york, Dec. 13-To the President
and Trustees OF the University Of Chicago;
Dear sirs-.f hav thia day caused to be set
aside for the University Of Chicago from
the funds of the general education board,
which are subject to my disposition. income
bearing securities of the present market
value of approximately SlO,OCOOOO, the same
70 he delivered to the university In ten
equal annual installmeuts beginning Janu-
arv I 1911 each instalment to bear fncome
70 the university from the date of such de-
livery only. A list of these securities Is
appended herewith. In a separate letter OF
even date my wishes regarding the Invest
ment and use of the fund are more specifi-
cally. expressed.
1T Is far better that the university be
supported and enlarged by the gifts OF
many than those of a single donor. This
hsv recognized from the beginning, and
accordingly have sought TO assist you In
enlisting the interest and securing the con-
tributions of many others, at times by max
ing my own gifts conditional on the gifts
OF others, and at times by aiding you by
means OF unconditional gifts to make the
university as widely useful. worthy and at
tractive as possible.
Most heartily do i recognize and rejoice
in the generous response of the citizens OF
Chicago and the west Their contributions
TO the resources OF the university have
been, I believe, more than HOOOOOO. 1t
might perhaps be difficult to find a parallel
TO generosity so large and so widely dis
tributed as this exercised i'm behalf Of an In
stituuon so recently founded.
Praises President.
II desire to express my appreciation also
OF the extraordinary wisdom and fidelity
which you as president and trustees have
shown IN conducting the affairs OF the uni
veTsity. In the multitude OF students so
quickly gathered, in the high character of
the institute. In the variety and extent of
original research in the vntGable contribu-
tons OF human knowledge. in che uplifting
Influence OF the university as q whole uopn
education throughout ths west, my highest
hopes have been far exceeded. III Is these
considerations with others that move me
70 supply in a single and final gaft. dlstrib-
utlEg It's payment over a period OF many
years to come, such further contributions
as / have proposed to make to the uni
versity.
The sum ] now give is intended to make
provision, with such gifts as may reason,
ably be expected from others for such
added buildings. equipment and cndow-
ment as the department thus far estab-
llshed will need. This gift completes the
task which have set before myself The
founding and support OF new departments
for the development of the varied and
aluring field Of applied science including
medicine, leave to the wisdom Of the
trustees as funds may be furnished for
these purposes by other friends OF the
university.
People should Control.
In making an end Of my gifts 10 the
university, as / now do. and In withdraw
ing from the board OF trustees my per-
sonRl Representatives, whose designations
enclose, am acting On an early and
permanent conviction that this great in
sutution, being the property OF the people.
should be controlled. conducted and sup.
ported BY the people, in whose generous
efforts Tor is upbuilding l have been per-
m!tted simply to cooperate, and / could
wish 70 cOhsecrate anew to the great cause
Of education the funds which l have given.
II that were possible to present the in
stitution a second time, insofar as l have
aided in founding Il, 10 the people OF
ChieaSo and the west and TO express my
hope that, under their management and
with their generous support the university