The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-03-04

New York. March sit was learned
to-day that the directorate of the stan
dard OH Company had been reduced on
January II from hfteen TO fourteen men,
bers, and that the name Of John D.
Rockefeller, jr.. had been omitted from
the list,
Mr.. Rockefeller's retirement. together
with the statement made to-day at the
Offices OF the Standard Oil that he had
resigned because ne desired TO devote
more of his time TO the philanthropic
projects in which he and his father are
interested, leads to the natural conclusion
that the younger Rockefeller VIII de-
vote his time 20 the supervision Of the
immense charitable project embodied in
the Rockefeller Foundation, a bin for
the incorporation OF which was intro
duced in Congress yesterday.
Gives Up other Affairs.
Furthermore, John d. Rockefeller, jr-,
has resigned from many other boards
of late, and hts resignation from the
board OF managers Of the Delaware,
Lsckawanns and Western and the Ameri-
can Linseed Oil Company; OF which he is
a director, is expected to take place IA
the near future. II was said at the
Standard OIL Offices that young Mr.
Rockefeller had not been as active In the
management OF the company as his posi-
tion as director might seem TO indicate
The new Rockefeller Foundation is az
present but vaguely outlined In Sena-
tor Gallinger's bill there Is a paragraph
stating the objects OF the undertaking.
TO promote well-being and 10 advance
the civilization OF the peoples OF the
United States and its Territories and pos
sessions and OF foreign lands, In the ac-
QUESTION and dissemination Of knowledge.
in the prevention and relief OF suffering.
in the promotion of any and al OF the
elements Of human progress
Thus reads the prospectus Of an or
ganization which. according to state
ment made by Frederick T. Gates this
afternoon, is something new under the
sun.
Broadcast Charity on Earth.
Every other charitable institution has
been organized" he said. for some spe-
cihc object The new scheme differs
from them all in that it is limited in its
activities to no particular race. religion,
time. place. or method. 1t will be a re-
serve fund in time of calamity. and It
can be used for any emergencies that may
arise
What might have been a field for
charity ten years ago" ne continued, is
very possible now on account Of chang
ing conditions-a field in which labor and
money would be wasted. There are to-
day hundreds OF organized charities which
are not doint any practical good for this
reason
Starr ]. Murphy said to-day that Il
would be impossible 70 discuss the actual
working out of this inclusive project
until Congress had taken action: nor
could he say what would become of the
bulk of Mr. Rockefellers fortune. The
General Education Board. which may in
time be superseded by the foundation,
He himself has said that his fortune
cannot exceed $500, 10000.
Young ROckefeIIer's Activities.
The young man. who viii in all prob
ability have the management OF the
foundation, is now thirty-three years old.
After graduating from Brown University
he became engaged in business interests
with his father as a director of the
Standard oil Company. the United States
Steel Corporation, the Missouri Pacific
Railroad, the Colorado Fuel and Iron
Company. and the Federal Mining and
Smelling Company. and a member Of the
board of managers of the Delaware.
Lackawanna and Western Company. In
1901 he was married to Miss Abbey Greene
Aldrich daughter of Nelson W AIdrich.
John D. Rockefeller. third. was born in
1906
At the present time the membership Of
the oil board from which Mr.. Rookie
feller. Jr., has resigned consists of the
following: John d. Rockefeller, William
Rockefeller. Henry NJ. Flagler. John D.
Archbold, C. NJ Pratt, C. w. Herkness.
E. T. Bedford. Oliver H. Payne. Walter
Jennings, A. C. Bedford, J. A. Monet, Fl.
c. Folger, jr, w. G yTeagle. and H. NJ.
TfIfnrd