New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-11-22
Amounts Will Be Freely Given
So Former Chief Executives
May Utilize Broad Knowl-
edge Gained in Office
Without Worry.
$125,OOo,OOo SET ASIDE
Founder Transfers Securities to
Trustees to Garry on Work In
Which He Has Been Engaged
and Which May Be
Deemed Advisable.


Although Woodrow Wilson failed to
become a beneficiary under the pro-
the Advancement OF Teaching, a little
more than four years hence he will no
doubt become eligible for a $4,000 an
nual income prov. ed for ex-Presidents
of the United States by the Carnegie
Corporation Of New York at its annual
meeting held yesterday at Mr.. Car
negie's home. In Fifth avenue.
According to the announcement made
last night by the trustees Of the cor
poratlon the annual income will go to
future" exPresidents, so Theodore
Roosevelt. though he may not need The
money, will not become a beneficiary.
Mr.. Taft, However, may avail himself
Of the opportunity should he see fit
The announcement made by James
Bertram, who is Mr.. Carnegies secre-
tary and one Of the trustees OF the cor
poration, was:
Provision has been made through the
corporation for a pension for each fut-
ure sx-Presdent Of the United States,
or his widow unmarried, of $4,000 per
annunn as long as these remain unpro-
vided for by the nation. that they may
be able to spend the latter part Of their
lives devcting their unique knowledas
gained Of public affsirs to tho public
free from pecunisry cares. These pen-
sions will bs promptly offered 10 the
ex-Presidents or their widows, so that
no application will be required from,
them.
No authorized mention was made OF
the matter other than was contained
In the foregoing announcement.
Mrs. Grover Cleveland who is soon
to marry Professor Thomas ]. Pres
ton, and the widow of President Har-
rison are the only two widows OF
former Presidents Of the United States
who are alive. Neither OF them, under
the conditions Of the Foundation, would
benefit by the Carnegie provision.
Heard Taft Discuss Problem.
Andrew Carnegie sat near President
Taft at the dinner of the Lotos Club
on Saturday night, when the President
discussed in jocose vein the problem
of what the country should do with its
ex- Presidents.
He was not sure. Mr.. Taft said, that
the Osler method Of administering
chloroform might not make a fitting
end Ito one who had held the highest
office" 1T would relieve the country"
he said, from the burden Of thinking
how he is to support himself and his
family" Later, in discussing the Pres
idential office IN a more serious vein,
the President referred TO the salary.
saying:
II consider that the President Of the
United States is well paid. The salary
by no means measures the contribu-
tion to his means Of living which the
of Congress has afforded,
and unless 1t is the policy Of Congress
to enable him in his four years TO save
money enough to live in adequate dig
nifty and comfort thereafter, then the
salary is all that 1t ought to be-"
Perhaps the remarks Of the President
set Mr.. Carnegie to thinking, and the
thoughts suited In his announcement
of last night.
Corporation a Year Old.
The Carnegie Corporation Of New
York was organized on November 10.
191t. so the meeting yesterday was the
second. The eight trustees-Andrew
Carnegie. Elihu Root, Henry S. Pritch-
ett, Robert S. Woodward, Charles L.
Taylor, william n. Frew, Robert A.
Franks and James Bertram--were
present. OF the eight trustees. Ave
are at the head OF the institutions Mr..
Carnegie has founded. They are the
Carnegie Endowment for International
Peace, of which Mr.. Root is president;
the Carnesie Foundation for the Ad-
vancement of Teaching, of which Mr..
Pritchett is president; the Carnegie
Institution Of Washington. of which
Mr.. Woodward is president; the Car
neBle nero uuu, Will ht. ldy lOT dh
president, and the Carnegie Institute
of Pittsburgh, of which Mr.. Frew is
president. The successors OF these FIVE
men will become ex-officio trustees Of
the Carnegie Corporation.
1t was announced yesterday that
S125, 100000 in securities had been
transferred to the corporation which
will carry on the work in which Mr..
Carnegie had been engaged and such
other work as may from time to time
be deemed advisable.
Mr.. C-rnegie believes he has taken
the surest means Of obtaining the best
possible trustees. The heads of the
institutions named must inevitably be
men of high moral and intellectual