Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1915-01-25

| United States Commission on Indus
! trial Relations as TO the reasons for
! the establishment Of the sl00. 900 600
| Foundation. its purposes and methods
/ OF operation.
One Of the purposes Of the inquiry
now being conducted IN this city py
| the Industrial Commission is the IN
/ Vestgat1on OF the Rockefeller and
! Sage Foundations. The Information
! given out by the Rockefeller Foun-
| dalton today already has been for
/ viaroed 10 the commission. In add
/ ton John .. Rockefeller, Jr, presi-
! den: Of the Foundation, will be called
I before the commission as a witness.
/ The replies by the Rockefeller
/ Foundation are divided into rwa
! parts. the first Of which is signed by
MIR Rockefeller, Jr., as president,
and by Jerome d. Greene as secre-
/ tary.
( Complying with the commission S
request the Foundation has supplied
the commissioners with copies of the
/ ounQation's charter, constitution ana
Iy-laWs. Replying TO other questions
the Foundation stated that il was not
consolidation Of pre-eXisiting or
ganiza lions but d distinct creation
With Its own funds.
Tho total funds Of the foundation
Oh Dec. J. 1914. are stated as sl02.-
2 S1o,el1. Its holdings of stocks and
bonds are given in detail. The char
acter Of its investments is control ed
by the Finance committee composed
Of John =. Rockefeller. Jr., Starr =
Murphy and jerome i. Greene APP
preparations are made by the Board
Z Of Directors or the Executive Com
nIt,ee- The amount of its holdings
is not limited by its charter. No part
Of The principal is 10 be distributed
Except by two-tHlrds vote Of all mem
hvrs
one condition of John D. Rookie
feIleTs gift Of $500. 000. 600, establish
1919 The j oundalion was described as
stpuiatlnc that the sum Of 81 000 600
Of lts income or is much Of that sum
az he might designate shall be az
Piled during his lifetime 10 suca
specific objects within the corpora =
purposes Of the Foundation as ne ma
direct
The officers declare thai they have
no expectation Of receiving any fur
iheF funds but that the foundation IS
entitled 10 receive gifts from any
source. The General Educat ton
i Board, hey say. is IN independep-
/ corporation with funds of its own.
hui lump sums have been ap2ro-
Iriated for the use of the Inter.lA-
uonal Health Commission
The major part Of the work Of the
Foundation consists, it is stated. il
making contributions to other uhilan-
+ Lnropic agencies.
Searching questions We're asked by
3 the commission as 10 the reasons for
re appointment by the Rockefeller
'"lhuatlon O William Lyon Macken-
III King, Of OTTAWA, Ont To make I
study OF industrial relations Reply
ing 10 q question whether My. KING
was authorized to SO on with his
[ plans even i his policy Should be di-
+ FerEen1 from that Of the directors.
/ 1Ae Foundation asserted that the con-
. duyt OF the WORK will be left in his
lands subject merely to conference
with officers Of The Foundation and 70
its control as 10 the extent Of ex-
, rendjtures. On this subject tn
oundation declared
1T cannot be TOO clearly underst ooC
that tie purpose of this inquiry (Mr.
Kings is not 10 apportion blame IN
present o. past Observation-Disclosures
! nor TO Justify any particular point VI
View; the sole purpose is constru,-
I lively helpful. In a work conceived
/ and undertaken in such q spirit any
1 question Of divergent policies or u
/ Partially in the Investigation can
have no place The Foundation has
/ FELT that If il could work out sound
and substantial improvements in tho
! relation Of capital and labor il could
/ hardly do anything better calculated
! 70 promote the well-beins Of man
j KIND for which purpose the Founda-
ton was created
/ Mr.. King controls the field. scone
I and methods Of his investigation. the
! Foundation asserts, and IL has not re-
/ fused TO continue an appropriation for
/ any piece oe work or investigation
( which had been agreed upon
| Explaining why the Industrial Rela
/ NAN4'+9 - AS4OII ee4S tdlS0. Lie CUQ-
! dation stated: While the general sub
| ject Of economic research was under
consideration the Industrial disturb
ances IN Colorado impressed the presi-
dent Of the Foundation with the great
! need and public Importance OF finding
an effective means OF preventing such
conflicts and caused him 10 urge a far
/ reaching study of Industrial relations
as the most important immediate in
CURRY 10 which the Foundation could
direct attention. In view of the passion
aroused IN Colorado and the many di-
vergent interests involved there II was
felt that the Foundation itself should
not interfere IN that situation, but that
il was of the utmost consequence that
the root causes Of that and similar dis
turhances should be ascertained, and,
| if possible, removed, not only in Colo
RADIO but elsewhere. The Rockefeller
Foundation is, moreover. a large owner
Of corporate securities, and in that ca
pacity is itself directly concerned in
maintaining harmonious relations be-
tween the companies in which ii is in
terested and their employees. 1t was
therefore felt that If the Foundation
could work out. on a basis compatible
with sound economics, a substantial
irNDrOypmepf in the VIOLA riops boruaay