Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1911-11-16

Tonight announced that he had given
G5,cl",00D to the Carnegie corporation of
New York, organized here to-day, under
charter granted by the New York Leg
stature last June. ito promote the ad-
rarcement and diffusion OF knowledge
and understanding among the people Of
he United States"
In bestowing this gift upon the corpora
ion organized especially TO receive II
md apply its income to the purposes in
;lcatcd Mr.. Carnegie. in a statement
given out at his home on Fifth avenue
tonight. said he intends to leave with
ne corporate body the work of founding
md aiding libraries and educational in
ritutions which he an individual has
:arried on for many years. The state
neDt is follows:
The Carnegie corporation of New
york. incorporated by an act passed by
he New York Legislature June O. 1911.
vas organized November TO- 191l
THE purposes of the corporation, as
ltated in the charter. are as follows:
Section Andrew Carnegie. Elihu
Root Henry S. Prtchett, william y.
Frew. Robert s Woodward. Charles I.
Taylor. Robert A Franks James Ber-
tram and their successors are hereby con
Carnegie Corporation of New York. for
the purpose OF receiving and maintaining
fund or funds and applying the income
thereof to promote the advancement and
diffusion of knowledge and understanding
among the pupils of the United States, by
aiding technical schools. institutions of
higher learning. libraries. scientific re-
search hero funds useful publications
ND Nv o.6 4
shall from time to time he found appro-
pirate therefor
ELECTION OF OFFICERS.
THE incorporators met at Mr. Carne-
gieF house Friday afternoon, November
10. 1911. accepted the charter, adopted the
constitution and bylaws and elected the
following officers:
president Andre Carnegie: vice presi-
dent. Elhu Root treasurer. robert A.
Franks; secretary. James Bertram.
MIR, Carnegie transferred to the cor
poration for its corporate purposes,
twenty-five millions Of dollars par value
first mortgage gold bonds Of the United
States Steel corporation.
1T is intended that the business OF
founding and aiding libraries and educa-
tional Institutions which had been carried
on by MT. carnegie us an lnulNlludl lot
many years, will be turned over to the
corporation at an early date and carried
on by the ,orporation'
Mr.. Carnegte's donation of SIS. 900. coo for
the corporate uses OF the Carnegie cor
poration increases the total OF Mr.,
Carnegie's gifts for various philanthropic
purposes according to the best estimates,
20 far beyond the $500, 0oo 90 mark.
Since retirement from active leadership
in the steel manufacturing world, Mr.,
Carnegie has devoted himself almost
exclusively to philanthropic activities and
although stil In possession Of fairly good
health with his nth birthday approaching
on November d he has been known 10
feel the need Of relief from some of
the responsibilities with which he has
been burdened In the role of the leading
Individual philanthropist of the world
Mr.. Carnegie suggested the corporation
now organized more than a year ago and
through Senator Frawley he had a petit
ton introduced in the Legislature last
March for a charter. The bin was passed
and signed by Governor Dix on June IL
The incorporators named are men who
have been identified with Mr.. Carnegie
work for several years Mr. Prltchett
the former head Of the Massachusetts In
Stitute OF Technology, recently became
president of the Carnegie foundation for
the advancement Of teaching; Mr.. FreN
Is president Of the board Of trustees OF
the Carnegie institute at Pittsburg: Mr.
Woodward is president of tho Carnegie
Institute at Washington; Mr.. Taylor I.
president Of the hero fund commission
and Senator Root has been Mr.. Carnegie
counsel to some extent In connection viii
tho international peace endowment,
One attempt recently made to enum
crate all Of Mr. Carnegie's gifts re-
0uired n close set column of the small,
est type and was sim incomplete. i
showed that his library gifts alone
had been made to hundreds of cities
on a. States of the Union, to England
Scotland New Zealand. Tasmania anc
the West Indies, making practically &
Firde of monuments around the worlt
to man who some so years ago be
gan his Industrial career as bobbir
boy In a cotton factory
John -. Rockefeller has given ava,
the millions he made in oil with quite
as free n hand as the steel king,
recent estimate of his gifts havinf
been placed at about s150,000,000.
Mr.. CarneEies most recent activities
have been gift Of slo0O0.00o as ar