Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-08-12
ANDRE VI CARNEGIE
WHO CAVE VAST
FORTUNE AWAY IS
DEAD, AGED 81
TRIED TO KEEP FROM
DYING WITH RICHES
Made Most of His Money in
Steel Exceedingly Thrifty in
Making Wealth and Gen.
erOuS in Distributing 1t,

tsY MORNING JOURNAL spEe,AL LEASED w,REI
LenOX, Mass, Aug. 1l-In his
great mansion overlooking a lake, the
! beautiful Berkshire, where he sought
seclusion when bodily infirmity over
/ took him and his mind was saddened
! ty the entrance of his country into
| the world war, Andrew Carnegie, iron
master and philanthropist died today,
Although he had been in feeble
health more than two years, his final
illness was brief-a matter of days. A
severe cold developed quickly into
bronchial pneumonia, the aged patient
| lapsed into unconsCiousness and tho
end came as though it was the begin
ming of a deeper sleep. No ostentation
viii. mark the funeral of the man who,
when he began eighteen years ago to
give away his millions, was reputed
to have the second largest private for
tune in America. a simple service
attended only by members of his fam
lily and his household, will be held at
the home, Shadow Brook, tomorrow
or Wednesday. The time had not been
determined tonight, 1t is expected
that the body Will he taken to Pitts
burgh, the city where he laid tho
foundations Of his wealth, for burial
Mrs, Carnegie was at her husbands
bedside in the last hour Of his life, but
he did not revive sufficiently to per-
init of any sign of recognition Their
daughter Margaret who last April
married Ensign Roswell Miller of New
York, was notified that it was appar-
ent that the illness would he fatal, and
she hurried from her home at Mill
Brook, N. Y, arriving few minutes
after her father had died.
The widow of the Laird of Skibo,
although overcome with grief at the
comparatively sudden death of her
husband, bore the shock bravely Her
physician said tonight she recovered
sufficiently for her to make it possi-
BILE to go through the ordeal of a pri-
vate funeral.
Andrew Carnegie began n race
against time, when, in 1901, at the
age of siXty-five, he resolved to give
away his enormous fortune. He held
1t "disgraceful" for a man to keep on
gathering idle millions. In the conf
paratively few years which the actu-
airy could allow him, he would dis
embarrass himself of practically all
he had No man had ever launched
a phllanthropic campaign Of such
dimensions.
His was then a fortune of just about
a quarter billion dollars, the largest
ever acquired by foreign born
American, second only 20 the John
d. Rockefeller wealth as the largest
individual accumulation in the United
States, and built, as it was, of five
per cent steel bonds, 1t would, without
so much as turning over ones hand,
have approached half billion by tho
time Carnegie could call himself an
octogenarian on November 25, 1915.
To give this stupendous sum away,
in about half the time he had taken
10 gather it, was a purpose Carnegie
had fairly we'll fulfilled when death
overlook him today. lie had distrb-
uted about $350,695,653. 1t was CIV
ing money away at the rate of over
S2O,OOO,0OO year. or more than
$780, 900 a day.
DifficuIa To Distribute.
lie declared, when he gave up
gathering wealth and announced an
era of distribution, that he expected
to find it more difficult to give his
millions away than it had been to
acquire them. How would you give
"OO,0O0,OO0 dway?" became a pop
mar query that an English advertiser
who employed it, received no less than
10000 suggestions as to how Carnegie
could rid himself of his wealth.
Twelve thousand persons solved the
problem in part by asking for some
If the money for themselves.
The answers which Carnegie him
'elf gave and backed up with his mill
ons have made him the most orig
lal If not the greatest Of philan-
hrOpists.
Before he sailed for Scotland in
9Ol he left letters announcing gif,5
# $9,000,000. His first big gift was
he setting aside of $4,00Q,000 to sup
'ly pensions and relief for the injured
nd aged employees OF his steel
'lants-"an acknowledgment of tbs
eep debt which | owe to the work
men who have contributed so greatly
o my success" He added an extra
million for the support of Libraries
or his workmen, and TOOK up HIS
lbrary hobby in wholesale way by
living $5,200,000 to New York city
or erection of siXty-fivc branch
ibraries in the metropolis. Another
million he gave for a library in s..
Iouis.
$4,000, 900 70 Libraries.
II have just begun to give money"
q said in announcement Of these
fits He kept it up as fast as he
braries alone he spent upwards of
5000 900. He gave them TO some
go thousand English speak king
Ommunities throughout the world.
ne Of his Libraries is in the Fill Is
nds.
He remembered Pittsburgh, the
'ene of his steel-making triumphs,
Y establishing there a great insti-
Ite, including the largest of his IL
'arles, museum, a magnificent
)ncert hall, and the Carnegie Tech
illogical schools, with Il total en-
Jwment of sic, 900, 000.
He built a great national institu-
on in Washington, which should be
e fountain head of advanced work
investigation, research and dis
very and placed in the hands of
S trustees total endowment Of
me $50, 900, 900
tn his aftun Gcnt1opl l,