The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-12-16
CARNEGIE GIVES TEN
MILLION FOR PEACE
DONATES BONDS TO BOARD OF
TRUSTEES.
Revenue to Hasten the abolition OF
War and Establish World
Peace.

Washington, Dec. 14--Andrew Car
pegie today transferred to board OF
trustees ten million dollars in 5 per
cent. first mortgage bonds, the reve-
nue. of which will be used to hasten
The abolition of international war and
establish a lasting world peace.
The formal transfer was made at
meeting in the rooms OF the Carnegie
research foundation. The trustees or
sanized by choosing a president, Unit
cd States Senator Elihu Root, the
permanent representative of the Unit
cd States at The Hague tribunal.
President Taft has consented to be
honorary president of the foundation.
Foundation Perpetual.
The method by which the annual
income of half million dollars shall
he expended is left by Mr.. Carnegie
entirely in the hands Of the trustees.
The foundation is to be perpetual ano
when the establishment of universal
peace is attained, the donor provides
that the revenue shall be devoted to
the banishment Of the next most de-
grading evil or evils,' the suppression
of which would "most advance the
progress, elevation and happiness OF
man."
The trustees of the fund include:
Trustees Of Fund.
Tinted States Senator Elihu Root,
ex-secretary of state and ex-seore-
*ary of war; DR.. Nicholas Murray But
Ter. New York, president Of Columbia
university; DR.. Henry S. Pritchett,
eresident of the Carnegie foundation
for the advancement of teaching; JOS.
II. Choate, lawyer, ex-ambassador to
Great Britain; Albert K. Smiley, Lake
Mohonk, educator and humanitarian;
DR.. Charles W. Eliot, president emerl-
t11s of Harvard university; James 3.
Scott, solicitor of the state depart
ment; John W. Foster, lawyer, ex-
secretary of state; VIM. NJ. Howard
lawyer, congressman, Lexington, Ga;
James L. Slayden, congressman, san
Antonio. Tex; Andrew D. White, ex-
ambassador to Turkey; John SHARP
Williams, senator-elect from Mlss1s-
sippi; C. L. Taylor, of Pittsbung, chair
man of the Carnegie Hero Fund COM
mission, and Geo. ", Perkins, OF New
York, fnancier and philanthropist.
The Trust Deed.
The informal trust deeG presented
by Mr.. Carnegie to the trustees today
reads in part as follows:
"Gentlemen: I have transferred to
Won as trustees of the Carnegie peace
fund ten million of 5 per cent. first
MORTGAGE bonds, value eleven and a
half millions Of dollars, the revenue
ef which is to be administered by you
TO hasten the abolition OF information
al war, the foulest blot upon our civ
ilizaton. Although We no longer eat
eur fellowmen, nor torture prisoners
ror sack cities, killing their 1nhao1-
:tants, we still kill each other in war
like barbarians. Only wild beasts
are excusable for doing that in this
the twentieth century of the Christian
era, for the crime Of war is inherent.
since it decides not iii favor of right
but always of the strong. The nation
is criminal which refLses arbitration
and drives its adversary to tribunal
which knows nothing of righteous
Judgment.
AS te National Honor.
"I believe the shorest and easiest
path Of peace lies in adopting Presl-
dent Tafts platform, who said in his
address before the peace and arbitra-
ton society, New York, March 22.
1910: Il have noticed exceptions m
our arbitration treaties as to refer
4ence of questions Of national honor to
courts Of arbitration. P rsonally, l
do not see any more reason why mat
ters of national honor should not be
referred to a court of arbitration than
matters of property or Of national
proprietorship. I know that is going
farther than most men are willing to
20, but 7 do not see why questions Of
1aonor may not be submitted to a tri-
Aunal composed of men of honor who
understand questions of national hon
or, to abide by their decision as we'll
as any other questions of diffeTenc: