Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1917-01-25

teen and one-half years, while the to-
tai period of four hundred and twenty
Years will provide for twenty-four Of
such doubling processes.
The General Welfare Trust Fund,
when completed, will amount to the
sum of Sixteen Quadrllions, Seven
T! Hundred Seventy seven Trillions, Two
Hundred Sixteen Billions Of Dollars,
! ($16,777, 216, Zoo, 0oo, 100000 and the an
nual net revenues, even though calcu-
lated at but four per cent. will amount
to Six Hundred Seventy-one Triliions,
Eighty eight Billions, Six Hundred
/ Forty Millions of Dollars (S671,088,-
$4,000, 100000.
Without intention of hamperfng
those who will have charge of the fu-
ture expenditure of such revenue by
making binding restrictions in matters
Of detail. few suggestions may help
to more clearly convey the general
purpose of the donor.
The field of government will, of
course, become more varied and the
public expenses much more than at
present. but it seems to me as II one
third of the annual revenues, or, let us
be liberal and say s271 ,0SS,640, COOS 900
90 ought to be quite sufficient to pay
all expenses of government, national,
state, county, municipal. school, etc.
The remaining 100000. 900, 900, 100000
could be wisely devoted and distributed
as an annual pro rata profit sharing
dividend to the inhabitants Of the ma
ton share and share alike.
The most optimistic OF my experts
do not expect the population by that
! ha in rT ty-n nj
persons, and, ii such numbers should
be attained, the annual dividend will
still be sufficient to give every man.
woman and child a pension of Two
Hundred Thousand Dollars per year or
an income of One Million Dollars per
average family of five persons.
! If it should appear that the annual
revenues will not be sufficient, they
can be doubled by the simple process
of continuing the accommodating period
for another term OF seventeen and one
half years, but think such action will
hardly be necessary.
1t is my hope and belief that the
Fund by the expiration of the accum-
ulating period of four hundred and
twenty years will be sufficient to pro-
duce enough annual revenues to sub
stantially benefit the Government of
the nation and the population then
within our national domain.
BY thus placing fairly adequate in
comes at their disposal, we will auto
matically place each and all above ne
cessity to labor, toll, struggle or have
further worry or concern about their
material livelihood and thereby enable
them to devote their entire time and
attention to the attainment of the
higher forms of cultural development.
While four hundred and twenty
years may seem a long time, if com
pared with one brief life time. it is but
a fleeing incident in the career of
nation that is founded upon principles
that are to endure to endless ages.
! Four hundred and twenty years have
already passed away since Columbus
discovered America and authentic his
tory proves that other nations have
lived through several cycles of like
duration. Surely this nation Of ours
is to be at least as permanent and
abiding as they
| If the results contemplated can be
achieved within the next four hundred
years, | am sure that posterity will
amply vindicate the wisdom Of the es-
Establishment of the General Welfare
Trust Fund.
! The anticipation of such complete
lvindcation is the healing ointment for
( the endless abuse that has been hurled
at me by the unthinking multitude of
persons who have failed to catch the
least vision of the transcendent pub
lie good for which my estate has been
accumulated.
! l have fought a good fight. Sur
/ mounting every obstacle and actuated
by the highest moral and patriotic mo-
tives, I have accumulated everything
that came within my power. All is
gladly given and dedicated to the su
preme good of humanity. My stew
ardship has been faithfully. and 1 hope
efficiently. fulfilled. l am now prepar-
ed to retire to a well-earned rest with
my ancestors and kindred in the peace
! full bosom of Mother Earth.
Signed and sealed this fifteenth day
of January, 1917.
JOHN D. ROCKEFELLER
Witnesses:
! JOHN DOE
RICHARD ROE
"We hereby certify that the above
computation is true and correct to the
best of our knowledge information and
belief"
! (Signed)
THE BOARD OF EXPERTS
DEPT. OF POLITICAL AND SOCIAL
SCIENCE, UNIVERSITY OF CHI
CAGO.
ARE TRUST FUND
tervals.
semi annually.