The Evening standard. [volume] (Ogden City, Utah) 1910-1913, 1910-12-21
TOTAL GIFT WILL
REACH S35,OO0,OOO

| CHICAGO, Dec 20.-John D. Rock
efeller has completed the task he set
for himself In founding the University
OF Chicago Today public announce.
ment was made of single and final"
| gift of $4,000, 900, which includes all
the contributions Mr. Rockefeller had
| planned
This sum, to be presented in ten
| annual lDstallments, beginning Janu-
ary 1. will make approximately $685.
| 100000 he has donated TO the unlyer-
| sity.
Mr. Rockefeller says he now be-
| licycs the school should be enlarged
by the gifts of many others than
those of single donor. This, he be-
lieves, Will be better accomplished II
the public understands the limit Of
| his contemplated assistance.
The founding of new departments
| he leaves TO the trustees, as he says
funds may be furnished By other
friends
Nearly S7,OO0OO0 has been donated
TO the university In addition TO Mr.
Rockefeller's gifts.
Representatives Resign From Board
With the announcement Of MI
Rockefeller's nnal donation. came the
resignation of John d. Rockefeller
Jr.. and Fred T Gates, Mr. Rockefel-
ler's personal representatives, from
the university board of trustees. In
enclosing these designations, Mr.,
Rockefeller explained he was carry
ing out a continuance that the insti-
tuition should be controlled and con
Quoted by the people, with whom. up
to now, he had simply been co-operat
ing.
Mr.. Rockefeller's idea Is, as It is
understood. that he is turning over
the institution and It's endowment to
Chicago and the West, and In so do
ing. withdraws from any further rep
reservations In It's control Announce
ment Of the gift was made at the
quarterly conference at the university
this afternoon,
Letter to President Of University.
The gift was announced in letter
to the president and trustees, 1t says.
New York, Dec. 10, 1910.
ITO the President and Trustees of
the University of Chicago-Dear Slrs:
/ have this day caused to be set aside
for the University of Chicago. from
the funds of the general education
board, which are subject to my dis
position, income-bearing securities
valued at approximately s10.000,O00,
the same to be delivered to the uni
yerslty in ten equal annual install
ments. beginning January l, 1911,
each installment to bear income TO
the university from the date Of such
delivery only.
"A list of these securities Is ap-
pended herewith In another letter of
even date my wish regarding the In
vestment and uses of the fund are
more specifically expressed.
Others Should Assist.
1T is far better that the university
be supported and enlarged by the Gifts
of many than by those OF a single do
ner
This / have recognized from the
beginning and. accordingly, have
sought to assist you i'm cnlistins the
interest and secure the contributions
OF many others, at times in making
my own gifts conditional on the gifts
OF others. and at times. by aiding YOU
by means of unconditional Sits 60
make the university as widely useful,
worthy and attractive as possible.
Most heartily do | recognize and
rejoice in the general response OF cit
izenS OF Chicago and the West Their
contributions to the resources OF the
university have been, ] believe, more
than S1000,000 1t might perhaps be
difficult to find a parallel TO generOs.
itv so large and largely distributed
as this
Expresses Appreciation for Services.
Il desire to express my apprecia'
ton also OF the extraordinary wisdom
and fidelity which you, as president
and trustees, have SHOWN In conduct.
ing the affairs Of the university, In
the multitude of students so quickly
gathered, in the high character of
the institution, In the variety and eX-
tent OF original research, In the va
rious contributions to human knowl
edge, in the uplifting influence OF the
university as whole, upon education
throughout the West my highest
hopes have been far exceeded.
1t Is these considerations. with
others, that move me TO sum up In
single and final gift, distributing its
payment over period Of many years
to come, such further contributions
as ! have proposed to make to this
university.
lhe SUN now give Is lutenued W
make provision, with such gifts as
may reasonably be expected from
others. for such added buildings
equipment and endowment as the de
partments thus far established Will
need
This slit completes the task which
l have set before myself, The found
ing OF new departments for the
development of the field of applied
Only One 'SkCuO NOININE," ;" that Is
IN