The free lance. (Fredericksburg, Va.) 1885-1926, 1910-12-17
49,
BIC PEACE FUND
Mr.. Carnegie Sets Apart.
$lO,OOO,OOO.
INCOME OF $5OO,OOO YEARLY
Perpetual Trust Established to Has
ten the Abolition Of Interna.
tional War - Root at
Head of Board.
INCOME OF 100000 YEARLY

Washington, Dec 15.-Andrew Car
negle announced his gift OF SlO,oVo''
600 for the promotion Of international
peace.
Tho announcement was made at a
meeting in Washington of twenty-five
OF the twenty-seyen trustees VINO nave
been selected to handle the fund. The
scope OF the gift is wide. The trustees
are left practically unhampered to de-
vote the income. which will amount TO
$500. 900 a year, in the interest Oh
worldwide peace.
Lines OF future action says Mr..
Carnegie cannot be wisely laid down.
Many may have to be tried, and, nav
ing full confidence in my trustees,
leave to them the widest discretion as
TO the measures and policy they shall
from time to time adopt, only promls-
ing that the one end they shall keep
increasingly in mind until it is attain
cd Is the speedy abolition OF interna-
tlonal war between socalled civilized
nations
War Disgraeeful.
Mr.. Carnegles ten million gift Is De-
signed as much for the continuance
of the peace movement after he IS
gone as II Is for its promotion now.
lie says:
when civilized nations enter into
such treaties as named and war Is DIS
carded as disgraceful TO civilized men,
as personal war (duelling) and man
selling and buying slavery have been
discarded within the wide boundaries
OF our English speaking race, the trus'
tees will please then consider what is
the next most degrading remaining
evil or evils whose banishment-or
what new eleyating element or ele-
ments II introduced or fostered or botn
combined-would most advance the
progress, elevation and happiness OF
nan. and so on from century to cen
mry without end. my trustees Of each
age shall determine how they can best
aid man In his upward march to higher
and higher stages Of development I'M
ceaslngly. for now we know that man
was created. not with an instinct for
his own degradation but imbued with
the desire and power for improve
ment to which. perchance, there may
be no limit short OF perfection even
here in this life on earth.
Let my trustees therefore ask
themselves from time to time. from
age to age how they can best help
man in his glorious ascent onward and
upward and to this end devote this
fund
The 100000 gift is in the form
OF bonds of the United States Steel
corporation bearing interest at the
rate Of per cent. This gift was made
in the form Of a deed of trust, but the
trustees are authorized to incorporate
Noted Men Named as Trustees.
The trustees of the fund are: Unit
ed States Senator Elihu Root, DR..
Nicholas Murray Butler, president OF
Columbia university; DR.. Henry ).
Pritchett, president Of the Carnegie
Foundation for the Advancement of
/ Teaching: Joseph II. Choate. former
ambassador to Great Britain; Albert
K. Smiley, Lake Mohonk, educator and
humanitarian; Dr. Charles w Eliot.
president emeritus Of Harvard univer-
sity: James Brown Scott, solicitor OF
the state department; John W. Foster,
former secretary Of state; Andrew }.
Montague. former governor OF Vir-
ginia; William NJ Howard, congress
man. of Georgia; Judge Thomas
Burke, Seattle. Wash; James l.. Stay
den. congressman, of Texas; Andrew
d. White, former ambassador to Ger
many: Robert S. Brookings, lawyer,
st. Louis; Samuel Mather banker,
steel manufacturer. Cleveland; J. G.
Schmidlapp, railroad man. Cincinnati:
Arthur William Foster, regent, Uniyer-
slty of California; r. A. Franks, bank
er. Hoboken, N. j.; Charlemagne
Tower. former ambassador to Germany
and Russia; Oscar Straus, ambassador
to Turkey; Austen G. Fox, New York;
John L. Cadwalader. New York; John
Sharp Williams. senator-elect from
Mississippi; C. L. Taylor, chairman Of
the Carnegie Hero Commission;
George w. Perkins, Of New York;
Cleveland II. Dodge and Robert S.
Woodward.
The gift brings the total OF Mr..
Carnegie's benefactlons to about $780,
900, 900, and widens the gap between
his and John d. Rockefeller's dona-
lions. Mr.. Rockefeller has given about
1920, 100000, all but a small part OF
which was for educational purposes.