El Paso herald. (El Paso, Tex.) 1901-1931, 1915-01-26

RELATION PROBE
Rockefeller Foundation Re
plies to Questions Regard
ing Its Undertakings.

New York. Jan. 26.-The Rockefeller
Foundation made public today us re-
plies to questions asked by the OIiIeu
States commission on lndustrlaIs Ield-
tiOns as to the reasons for tine esl9D-
Iishment of the $100,OOO,OOO Iouhud-
ton, its purposes and methods Of op-
ertion.
one of the purposes Of the inquiry
now being conducted here by the IN
dustrfaI commission is the investiga-
ton of the Rockefeller and sage Iouh-
datiOns
The replies by the Rockefeller foun-
dation are divided into two parts, the
first of which is signed by Mr.. ROCK
efeller, ir., as president ana Dy Jerome
D. Greene. as secretary.
Replying to questions, the 1ounda-
ton stated that it was not a consoll-
dation of pre- existing organizations
but a distinct creation with its own
The Total Funds Held.
The total funds of the foundation
on December 1, 1914, are stated as
S10S, 95O,S17. It's holdings of stocks ana
bonds are given in detail The charac-
ter of its investments is controlled Dy
the finance committee, composed OF
John D. Rockefeller, jr., Starr j. Muir
ply and Jerome D. Greene. Approprl-
atoms are made by the board of Ill
rectors or the executive committee. Inc
amount Of its holdings is not limited
by its charter. No part of the primer
pal is to be distributed except by Two
thirds vote of all members.
One condition Of John u. RockeIel-
ler's gift of S1OOOOO,OOO, estaoIlsIHiIlLs
the foundation was described as stlpu-
lating that the sum of S2,OOO,OOO OF us
income or as much of that sum as ne
might designate. shall be applied dur
ing his lifetime to such specific OBJECTS
within the corporate purposes Of the
f.,r l114T rev, Tea a
The major part of the work of the
foundation consists. it is stated, IN
making contributions to other phllan-
thropic agencies.
Relations Of Labor and Capital
Searching questions were asked Dy
the commission as to the reasons Tor
the apDointment by the Rockefeller
foundation of william Mackenzie King
of ottawa, Ont, to make a study OF IN
dustrial relations. On this subject the
foundation declared:
at cannot be too clearly understood
that the purpose of this inquiry INT
Kings is not to apporuon plane IN
present or past Misunderstanding nut
to Justify any particular point Of view
the sole purpose is cOnstructively help
full In a work, conceived and underta-
ken in such a spirit any question OF
divergent policies or of Partially IN
the Investigation can have no place:
The foundation has felt that If 1t could
work out HOulO anu SuUo Le1ilLla[A III
provements in the relation of capital
and labor it could hardly do anything
better calculated to promote the well-
being of mankind, for which purpose
the foundation was created
Industrial Probe Explained.
Explaining why the industrial rela-
tons division was created the founda-
ton stated:
while the general subject of eco
nomic research was under consld era
ton the industrial disturbances In Col
oradO impressed the president OF the
foundation with the great need and
public importance OF finding an effect
i've means Of preventing such confilcts
and caused him to urge Tar reacnltS
study Of Industrial relations as the
most important immediate inquiry TO
which the foundation could direct at
tention It was felt that if the fOunda-
ton could work out on basis COM
patible with sound economies, SUD
stantial improvement in the relatlohs
between capital and labor. it would not
only discharge its obligation as 1ndi-
rectly a large employer of labor, but
would also perform for the general
public a greater social service than II
could render along usual philanthroplo
lines"
Health and Relief Work.
The international health commission,
a subsidiary of the foundation, mas
confined its activities almost entlreiy
to. the eradication Of hookworm
disease in different parts of the world,
the foundation states.
The Belgian relief work and the pro-
motion of medical education and public
health in China, are referred to as 9TH
er instances Of the work of the founda-
ton But one application has been
made to the foundation in the interest
of studying or improving labor condi-
tons.
Chem Iumher-speclaI low price on