The Birmingham age-herald., 1910-03-13


 New York, Marcn 12-(speciaI. .)-rhs Hockefeller foundation will constitute . 'ortune of 25o,ooooOo. This information emanated from well informed circles here today. But even the segregation of this stupendous amount from the fortune of John D. Rockefeller will not leave him poor He will still have approximately fS000o0,0O0 left which will be handed down lmong the two heirs of the Rockefeller amily.
 At the present ratio of increase the fortune a1nassed through the genius of the oil kind win in ls7s. when John D. IT Hilk ce the age of his grandfather now k sqrnli in size the AsdebtednessA of the en- ire world sas.2oa sSs .7s1s In computing. forward the sig Re .sIzsfelief yorJ tune sums it1sl sA~-' eys sa staggering so the corcerlionps s..s every day r1an.
 This startling accumulation awaits baby John D.. the third of the John D. line. chubby faced youngster of 4 years. whose probable conception of vast wealth ls new rattle or a toy balloon. This stupendous accumulation will result from the great fortune which is left after S250,0O0.0O0 has been set aside for the Rockefeller foundation to shed the light of progress, science and civilization in future ages. MT. Rockefeller has been said to be worth s1.0o0.0Oo0 600 and q con- servative estimate Is from $65o, 900 to S751, GOO coo.
 One-third of this sum is s250, GOO, GOO. leay- ing approximately s500,0O0,0O0 as the pri- vate family acorn from which to grow a money oak, the equivalent of the worlds debt.
 Growth of Fortune The natural growth of the fortune. estf- mated at per cent return upon the prss- ent lump of wealth forecasts startling fiR- ures. If John D.. Sr., lives until 19D his son will be 46 and will inherit not less than oooo),0oo to s35o.0oo.ooo; his dausi,- ters, Mrs. E. Parmalee, Prentice and Mrs. Harold F. Mccormick, will inherit about $25o, ,000O00 each
 1T John D. Jr., lives as many years aa his father Is expected to live, John D. III, when 49 years old, will inherit in 1853 the sum of $1, ,500, 000O0. Baby John D.'s sister, Babette, now years old, will zin- herit similar sum. When baby John D is Il years of axe the present age If his grandfather, tho entire family section of the Rockefeller fortune will equal the worlds indebted. ness
 Those estimates of the Rockefeller for tune are arrived at by first taking S400,- 000,0o0 at 6 per cent compounded for 10 years, from 1912 to 1920. This amounts to s76e, ,0c0,0o0. The sum of $400, 1000 was taken as a conservative basis. allowing . great margain for fluctuations. The call culatlon that baby John D. will inherit more than billion dollars is founded in similar fashion, The worlds debt of more than $s9, CO., OOo,OoO is the present figure. The total debt of the foreign countries is upwards Of $3e,00o. 100000, while the deficit of the United States rounds it out. Safety Valves Spendthrift sons are the acknowledged safety valves of the American builders ol fortunes. That customary leakage or outlet has not occurred in the Rockefeller family. Young John D. rides to work in the subway and spends 30 cents for lunch at noon.
 The first authoritative utterances con- corning the great Rockefeller foundation were made today by s. J. Murphy, the personal legal adviser of John D. Rocke- feller and the man who Is working out the legal and legislative status of the foundation.
 This is no sudden whinl, no emotional expression, no nasty action on the part
  day.
 Rather, it is the elimination of life long habit of giving brought to fullness by experience and study. It is the ful- illment of determination to devote large part of his wealth to the beneit of humanity.
 MT. Rockefeller has always been giver. even in his earliest days. but he has always been methodical. exact and precise. When MT. Rockefeller was earn ing $50 month the sums he gave were pitifully small compared with his munin- cent benefactions of today. But as his possessions grew his gifts became larger and 1t was ever his custom to discuss with his wife and family requests that were nTAde to him.
 object of Fund
 '"rhe object of this fund Is to promote education within the United States with It.. xt<-- -E