The Birmingham age-herald., 1924-12-10
TWO EXAMPLES OF GIVING

TWO EAAMPLES OF GIVING
 For a time there has been a cessation in large bequests or gifts to educational and public welfare purposes. All the more noticeable, therefore, was the news of yesterday regarding the endowments of many millions for various benevolent applications. Mr. George Eastman, of kodak fame, has added twelve and half million dollars to donations already made to the Massachusetts Institute of Tech nology, the University of Rochester, Hampton Institute and Tuskegee Insti- tute, each of the last two receiving one million dollars. This gift to Tuskegee should prove of great value and very timely. Attention has recently been called to that institution by the displays of the multitude of products derived from pea nuts and sweet potatoes by that foremost of all colored investigators, George Washington Carver. The valuable work which he has accomplished with little ex- penditure of funds richly deserves this sort of encouragement.
 These most recent contributions of MT. Eastman bring the total of such gifts on his part to nearly fifty-nine million dol lars. This inventor and business man has not given ostentatiously, but he has given literally and consistently for many years, particularly to the two colleges in which he has personally shown great interest, Rochester because it is his native city, and the Massachusetts college, be- cause of the valuable service it performs in turning out men of special training. In the brief sketch of his life given in Who's Who MT. Eastman is described as Header in business and philanthropic devoted himself to advancing human well fare in whatever manner he has found it possible to do so, and finds no heir more deserving of his benefactions than insti- tutions promoting the general good. It is an attitude of this kind on the part of many wealthy men that has contrib uted incidentally to human advancement.
 The other contributor announced yes terday bears name not less known to the general public, and is man who has made no less a success of his own business. He is James B. Duke, born at Durham, North Carolina, but now of New York. He is one of the Duke brothers engaged ax,fa Sa 4Lo 4~L L,,z of their brands being as famous as the kodak of MT. Eastman, than which, ac- cording to his advertisements, there is no other. This Duke, however, has further occupied himself with the development of water power in his native state, and is now president of the Southern Power Company. MT. Dukes gift immediately is valued at forty million dollars, but with the earnings attached to the securi- ties on which it is based it is expected to have an ultimate total endowment value of eighty million dollars. The in- come is to be administered by fifteen trustees and distributed among colleges, hospitals, orphanages, churches and other institutions devoted to the betterment of humanity in North and South Carolina.
 The Duke bequest is especially notable because so few endowments of SO consid- erable nature have been given to South ern institutions. Perhaps it is because until of late years the number of very wealthy men in the South has been com Iparatively small. That situation Is now changing, however, and there seems no better way of applying tremendous for tunes and no more legitimate way of escaping inheritance taxes than by devot- ing these contributions to the advance ment of social, educational and com munity welfare. Undoubtedly the donors derive far more enjoyment from their wealth by distributing it during their life- time and while they are yet spared to witness its visible fruits. The names of Carnegie and Rockefeller have long stood at the head of the list of our contributors to the various projects of human better ment, but they are now having to share the glory with a growing throng of others. Still, they were the pioneers in this field of extensive philanthropy, which is distinction that cannot be taken from them. But their example is most worthy to emulate.
 FARMERS COME TO THEIR OWN
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