Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-12-14
Iron Master Transfers
$1O,OOO,OO0 to Board
of Trustees.
SPEND $5OO,OOO YEAR
Benefits Perpetual, Taking Up
Other Work When War
Has Been BaniShed.

EhOt FtllCil Wv 0l
Has Been BaniShed.
Washington. Dec 14.-Andrew Car
negte today transferred to a board of
trustees $4,000. 600 in 5 per cent first
mortgage bonds. present value $11,5o0,-
Oc0, the revenue of which shall be
used to hasten the abolition of inter
national war" and to establish lasting
world peace.
Root Is President.
The trustees organized by choosing
as president Senator Root. permanent
representative of the United States al
The Hague tribunal President Taft
has consented to be honorary president
OF the foundation. The method by
which the income of half million
dollars Will be expended is left en-
tirely III the hands OF the trustees.
Is to BE Perpetual.
The foundation is to be perpetual.
and when the establishment OF univer-
sal peace is attained, the donor pro
vides that the revenue shall he devoted
10 the banishment of the next most
degrading evil of evils" the suppress
ion of which would most advance the
progress, elevation and happiness Of
men
List of Trustees.
The trustees are:
Senator Root.
President Butler. of Columbia uni.
versity.
President Pritohctt, OF the Carnegie
foundation for the advancement of
teaching,
Joseph H. Choate. ex-an1bassador to
Great Britain. ------i
Albert K. Smiley, of Lake Mohonk,
educator and humanitarian.
Or, Eliot, president emeritus of Har
ward university.
James Brown Scott, solicitor of the
state department..
John w. Foster, ex-secretary of
state.
Andrew J. Montague, ex-governor of
Virginia.
William NJ. Howard, congressman of
Lexington. Ga.
Judge Thomas Burke, Seattle, Wash
ington.
James L. sIayden, congressman, San
Antonio. Tex.
Andrew D. White, ex-ambassador to
Germany.
Robert S. Rrookings. lawyer, St.
Louis.
Samuel Mather, steel manufacturer.
Cleveland.
J. G. schmidtapp, railroad man, Gin
cinnati.
Arthur William Foster, regent uni
Versity of California, San Francisco.
r. A. Franks, banker. Hohoken, N. J.
CharIemagne Tower, ex-ambassador
to Germany and Russia.
Oscar Straus, ambassador to Tur-
key.
Austin c. Fox, lawyer, New York.
John L. Cadwaader, lawyer, New
York.
John Sharp Williams, senator-eIect
from Mississippi.
C. L. Taylor, Pittsburg, chairman of
the Carnegie hero fund commission.
George w. Perkins of New York,
financier and phiIanthropist.
q.
Cleveland H. Dodge, New York.
Elect Scott Secretary.
The trustees of the Carnegie fund
elected Jacob Brown Scott, solicitor
of the state department, secretary.
Resolutions adopted by the trustees
express the highest appreciation for
this munificent gift for the benefit of
mankind" and declare the trustees /
are moved by deep sense of the sin /
cere and noble spirit of humanity
which inspired the donor of the fund. (
All Should Help.
They feel that all thoughtful men and
women should be grateful to him and |
should be glad to aid, so far as lies
within their power towards the &C
complishment of the much to be desir- ,
ed end upon which he has fixed his .
hope and TO which he wishes to con-
tribute
Has Given sIsO.OOO,OOO.
New York, Dec. 14-Carnegie's gift /
of S10.000,0O0 for the furtherance of
International peace brings the total OF T.
mis- benefactions to about $1S0,000, 900.
The endowment announced today Is
second in size only to three others of
his s10.OOO,O00 foundation for the ad-
vancement of teaching in 1905, increas-
I'd to SIS 100000 in 1908: S16,00O,00O
endowment of the Carnegie institute
at Pittsburg and S12,0O0.0O0 for the es-
tabishment of the Carnegie institute
at Washington
Has Given Most to Libraries.
Carnegie's gifts to libraries during
the past 20 years are estimated at $780,
00O, ,000 for the United States, and S11,-
ooo mn obr0ad Tbaea and 0rhpT /