Evening star., 1928-05-23

A new theory introduced into the
field of philanthropy By julius RoSen :
wald Is accepted by the press as a good
example. Twenty million dollars which
Mr.. Rosenwald has devoted TO public
welfare must be expended within rs
years after his death
1T will be service TO the future as
we'll as TO the present" In the opinion
of the Kansas City Journal, iii Mr..
Rosenwald's unique attitude shall be
adopted by other wealthy philanthro-
pists II will mean large means for i'm
mediate work. Doing that service now
cannot fail TO render the future less
likely TO need charity. Pow
erty and suffering. the social distresses,
h creation In the past-~the distant
past. Succeeding ages merely endured
the inheritance. II Is time to wipe out
the whole unhappy condition. Evl"
IDENTIFY Mr.. Rosenwald SO believes. Such
purpose and proper attendant action
will bring world betterment much sooner
than TO make human woes permanent
By richly endowing them for all time
TO come
"Mr. Rosenwald believes that those
who come after us may be relied upon
10 provide for their own needs. as indeed
they may" says the Utica Observer
Dispatch, which holds that his "Stipa--
lation to spend his 20,000 600. principal
and interest, within 25 years OF MS
death Is a rare bit OF wisdom, He does
not wish 10 build bureau for the main
tenance of clerks, secretaries, managers
and directors"
This is not a new idea with Mr..
Rosenwald," according To the Spring
field Republican More than ID years
ago he was quoted as saving, I believe
In seeing the money that Is not neces-
Rary being used 10 help others at once,
Mr. Rosenwalds career as philan-
thropist has been notable for the direct,
personal interest that he has taken in
the causes that he has benefited. The
Republican suggests that II IN not un-
likely that he had In mind the Tact
that causes enlisting popular Sympathv
and support become obsolete, ana "
adds that "he may well also nave had
In mind the danger OF the dead hand
the perpetuat.on OF well financed prop
aganda in behalf Of objects that have
become subversivc Of the public well
fare"
Indorsing Mr.. Rosenwalds objection
10 the bureaucratic" tendency OF PM
lanthropy, the Chicago Tribune en-
served that the trustees of philan-
thropic foundations are more concerned
with the perpetuation intact of the
si,mS In their care than with increasing
The sum of human knowledge and hap
piness for which the funds were ere
ated. II IL 10 be hoped adds the
Tribune, that his example VIII be fol-
lowed by other men of wealth VINO ek"
pect their money 10 make the world a
better place To live In, A study ut the
great foundations which have been Het
up hy other wealthy men leaves ilttlt
doubt that Mr. RosenWald's course In
wiser, Money earned by shreWd men
who knew the value of dollar IN being
wasted ON host Of collecting sur.
veys, Far from honoring the names and
memories of the donors. these funds
tend 10 bring them into diarepnte"
The philanthfopist's reasons tol
making this stipulation" are declared
by the Philadelphia Record 10 have
been stated with such force and claf-
ity" that IL Gommends them 10 the
trustees of Ellis College and other local
charities who maintain deathllke
| grip upon the money committed 10 theii
| care, regardless Of changes IN social
political and economic conditions
The Allentown Morning Call declares
"Mf, noaenwald has had l0t oi ek-
perisnce with philanthr0pies, lie has
certainly studied those 0f the past, II
would Aeem that he believes much al
The phllanthropio Theory OF the paaI
| faulty. Probably he has studied philan'
thi0nles which Werl very good IN thr
day OF their establishment and uheleas
now"
| y
What one has Ia give for the better.
ing of conditions about one observes