The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-03-05
RoCKEFBLLER AFTER CARNEGIE.

RoCKEFELLER AFTER CARNEGIE
John D. Rockefeller appears to be fol
lowing faithfully in the footsteps of An
drew Carnegie. He, too, it seems, has
adopted the idea that il is a disgrace
TO die rich
Carnegie owns $3OO,o00001 of six pei
cent bonds of the United States StecI
corporation. HIS yearly income from
these is S1s,0O0.000. II is moi likely
that his gifts have made him any the
poorer
John D. Rockefeller is probably a
much richer man than Carnegie. Both
have made their money by 6eecing The
public. 1t is not likely that either re.
'pents, or that the spirit which prompts
the giving of either is really altruistic
but the desire for fame, a selfish GRAY
ing to get what neither had before, is
probably the true incentive in both.
Carnegie gave libraries, coupled in
each case with the condition that il
should be named Carnegie library,
and that the people receiving il should
keep it up. In many cases such Ii
braries have already become burdens Ia
the communities supporting them. 1t
is the same with the other Carnegie
benefactions; they must all have the
Carnegie label on them. And Carnegie
has quarrelcd with his old friends in
bitter feuds Moreover, no one ever
heard of his sharing his bursting mil
lions with the laborers who served him
so well, or with their families But
if he had ever so shared, the public
would have been certain to hear of it.
There have been many large gifts
made by Rockefeller before But un.
fortunately for the public, they have
been too often connected with raise
in the price OF oil which more than
made good TO the gift-giver the amount
of his gift.
But now he announces a genuine un-
loading of his wealth. He Will cstab-
lish the Rockefeller Foundation, ga gen
eral organization to conduct phianthrop.
ic work on all lines And it will be
the Rockefeller Foundation" too.
There will be no mistake about who
is doing it, There will be no lack Of
public notice Of the act, for the Rookie
Teller Foundation is TO be established
by act of Congress. Senator Gallinger
in introducing the bill for this incor-
poration. blew the Rockefeller trumpet
loud and long, as no doubt he was ex-
pected to do. He said that Mr. Rookie
Teller had already given away S52 900,
900, but didn t explain how he got it,
And now Mr., Rockefeller "is seeking
a method of disposing of his fortune
that would benefit mankind - He Will
do this, it is explained through the
HorganiZed TO promote the
well'bc!ng and advance the civilization
of The people of the United States and
It's possessions in foreign lands, and for
the acquisition and dissemination of
for the prevention and re-
lief of suffering and the promotion of
any and all Of the elements of human
Truly, broad human
should be of enormous benefit to the hu-
man race if the trust is faithfully ad.
ministercd.
This Foundation is TO be organized on
lines similar to the Carnegie Foundation
for the advancement of teaching; and
as in its case, the Rockefeller Founda-
ton will be authorized to receive
lccrotions from other sources. The
amount of money which Rockefeller is
TO give has not been named; but, per
haps speaking from information that
he was not authorized 10 make public.
ne said, while disclaimIng knowledge of
Ill the details, that Washington would
DC the headquarters of this bencfaction,
and continued: 81 am not authorized
10 speak for Mr.. Rockefeller, but there
S no doubt that lie intends to give away
MS money on scale greater than any
,tber living man.
This looks like a plain and direct
challenge 10 Carnegie And the civ
lized world will be curious to note in
what spirit he will receive it. The ri.
ralry is noble one, however, and no
matter now far ii goes, nor how much
and desire for notoriety and
amc may be at the bottom of it, future
res, that will have forgotten the dcvi.
,us. ways by which such mighty sums
we're acquired, will both benefit and APP