Bisbee daily review., 1912-03-31
Carnegie Foundation
 Reports On Education

The Sixth Annual Report of the President and the Treasurer of the Carnegie Foundation covers the year ending September 90. 1911.
 The endowment amounted at that time to Sl2,12S.O0O. comprising Mir Carnegie's original gift Of s10.00O, ,O0C in 1905, an accumulation from income of S1iz3,0O0 and Sl 000, ,0O0 received in 1911 as the first installment of MT Carnegie's additional gift of Sj,000 00C in 1908
 or the income Of s590.00O for the year 191O-l911, S52e GOO was expended in retiring allowances and pensions x36,0O0 in general administration, and sl6000 in educational publication. Eff teen recipients. of allowances died dur ing the year, including Professors Bowditch of Harvard. Carson Of Cor nell Harrison of Virginia, and March of Lafayette Thirty-one retiring al lowances and seventeen widows pen sions were granted during the year, increasing the number in force to S13, the average annual payment be ing Si631. and the total distribution to date Sl,746O00 All Of the new all loWances were granted to persons connected with the institutions that are on the accepted list Of the Founda- tion. other allowances proving ineXpe- dient as expenditure has approNi- mated the income and as the accepted list has enlarged The list now iT- cludes seventy-two universities. col leges, and schools of technology. the University of Virginia having been added during the year.
 The Presidents of Harvard Univer sity, Indiana University and Nassar College were elected 10 membership in the board of twenty-five trustees, which is composed Of university and college presidents and financiers. No grants having been made under the rule permitting allowances to presi- dents and other administrative ohi- cers after twenty-five years Of service terminating before the age of sixty five. the trustees rescinded it and established a new rule, under which the Foundation Win continue to a professor wherI he reaches siXtyfive, an allowance begun by his own insti- tuition al the expiration of twenty five years of profe ssional service or thirty years as instructor and pro lessor
 In discussing the business of the year. President PriChett emphasizes the necessity or administering the in come of the Foundation stFictly ac- cording to the rules that have been framed, and from a survey of the history O. pension systems, urges upon the colleges themselves a sense of obligation to their old and dis abled professors at least equal to that shown by business corporations The exchange Of teachers conducted through the Foundation sent nine American teachers to Prussia during the year and received seven PTussian teachers in the United States, in both instances with gratifying results. \ description of the publications of the Foundation announces a study Of med ical education in Europe as in press, and studies of agricultural and me chanical colleges and of the training Of teachers as in progress
 The second part of the report is comprehensive survey by the presi- dent of educational progress and ten dencies from a national point of view Private and local educational inltla- tive without guidance. and federal and state grants without supervision are so wasteiul financially and so hurt ful educationally that agreement and co-operation must inevitably increase. A summary of the organization O. present types Of educational systems shows tendency tow ard state boards CT commissions, that promises ultl- mately to prevent the chartering Of fraudulent educational institutions like those in the District of Columbia. the granting Of public funds for pri- Vate educational ventures as in Penn sylvania; and the subsldizing of edu-