Evening star., 1932-01-07
JULIUS R0SENWALD
DIES At AGE OF GO.
PhiIanthropist to Be Buried
in Quiet F~1eraI Some
Time Today.
Ru thu Associated Press.

| senwald the philanthrOpist, is dead, but
| the phiIanthropesg which brought i'm
| international renown, will live on for
many years to come
The 69-year- old merchant prince. Wfio
| began brilliant business career py
! pumping an organ in Sprngnelo'
| i'll, church at S cents an hour. was
more concerned by his glttS 1or Lhe fe
welfare of mankind than the hours lett
| for him to live, So,
"Mr. Rosenwald was mentally alert
| through his illness" said DR.. Herbert
Pollack, who attended him until his
death at 2:55 pm yesterday, He had
| apparently lost all interest in his vast
business enterprises and was interested
only in his philanthropies to the last. y
MIR. Rosenwald became i'll about two
wears ago. Physicians diagnosed MS
complaint as hardening OF the arteries.
He was never confined to his bed, now
ever, for any length OF time until laSI
April. At that time the original trounIe
vas aggravated by heart disease ana
kidney ailment, and he was ordereo 10
bed.
Gave Away S40,o00,OOO.
Mr.. RoSenWald, head of SearS-Roe-
buck & Co, gave away approximately
$40 600 900 during his life. He was vlg-
orouSly opposed to the dead hand IN
philanthropy" as expressed IN per-
petual endOWments and foundations:
II am certain" he wrote in the At
lantic Monthly in 1929, that those VINO
seem by perpetuitieS to create for them
selves a kind of Immortality on earth
will fail, if only because no institution
and no foundation can lt"e forever
Believing this, and with the state
ment that "charity" is the one pleasure
that never wears out Mr.. RosenWald
established the julius RoSenWald Fund
October 80, 1917. It's chartered pur-
pose was "the wellbeing of mankind "
The endowment was $35,0000OO.
He had already given away hundreds
of thousands of dollars, but he wanted
this to be something little different.
And so, on January /, 1928, the fund
was reorganiZed and the administration
was placed in the hands OF board OF
trustees and staff of officers, with
Edwin r. Embree as president and AL
fred K. Stern as director.
The charter and constitution OF the
fund provided that the principal, as
well as the current income, be spent at
any time in the discretion of the
/ trustees. but both principal and interest
must be expended within 25 years Of
the death of the founder.
Last year the fund gave away ST.
500 600 Most of it was spent for the
welfare of colored children of the
South. 1t was characteristic of Mr..
RosenWald that in this, as well as other
projects, his gifts should have been
only part of the total to be expended.
The rest was to be furnished by those
benefited
The largest part of Mr. Rosenwald's S
philanthropies have been expended for
the welfare Of colored people and Jews,
but his generosities had no racial
limitations and his gifts flowed to
whites as well as blacks, to gentiles
as well as to Jews.
1t was in line with his philosophy
that his children, some two weeks ago.
incorporated the RosenWald Children s
Association Foundation, which was de-
signed to carry on, in a slightly differ
ent way, the work of their father.
Supported Employees.
AS Rosenwald helped the men of
many strange streets, so did he also
help his "co-workers," as he preferred
to call his employees. Perhaps his most
spectacular gesture to the employees
came on october 80, 1929, on the fourth
day of the stock market crash. With
millions Of dollars in paper profits van
ishing every hour, he announced that
he would personally guarantee the ac-
counts of any and all of his employees
to avert the danger of their savings be-
ing seWept away.
OF coincidence began pouring into his
Ravinia home.
President Hoover said his death de
prives the country of an outstanding
citizen" Mayor Anton J. Cermak of
Chicago said 'he was a type Of which
there are few left"
Clarence DarroW called him "a man
Of broad ideas and humanitarian in
stincts. He did great deal Of good"
Jane Addams, director Of Hull House
Chicago, expressed "a keen sorrow over
the death of a dear friend" Former
Gov. Frank o. Lowden said his was a
very fine and useful life filled with love
for his fellow man of whatever race or
creed"
Mr.. RoSenwald's body will be buried
some time today When and where the
services will be held are being kept a
secret by the family, in accordance with
one of the capitalists last wishes
Il want" he said, "a small and in
conspicuous funeral"
Had Been Newsboy.
julius Rosenwald devoted many mil
lions of the dollars which he amaSsed in
business to hammering at racial and
creedal prejudices and to encouraging
thrift.
The besetting sin of America is ex-
travagance, he said over and over
again.
His earning power started in 1873,
when he pumped a church organ at
Springfield, Ill, for cents an hour. II
eliminated in 1910, when he became
head Of the Chicago mall-order mouse
of Sears, Roebuck & Co.
He built I'D this business until its an
nual turnover exceeded $300,000000 and
its branches could be found in almost
every stable town from coast to coast.
In the interim he had been neWsboy
in Springfield, a clothing store clerk in
New York, a shopkeeper on Fifth ave
nue. and a manufacturer Of mems
clothing.
Buildings at the University of Chi
cago and the RosenWald Industrial
Museum testified to his civic helpful
ness His work as a dollar-a-year man
in the World War and gift of ST.
600 600 in 1918 to the Council OF Grain
Exchanges for research work In crop
Improvement were evidences OF MS
patriotism. In 1923 the Sears Roebuck
Agricultural Research Foundatlon was
established as step In actual 1arm re-
lief through scientific marketing.
His interest in the Negro was aroused
nv Booker T. washington. famous Negro
educator and head of the Tuskegee In
stitIte % From donations to the insti-
tute, the interest developed into
campaign for primary and secondary
schools for Negroes.
Negroes and whites co--operated;
state and county governments agreed
to operate the schools and the program
became 50 ambitious that in 1917 the
Ro6enwald Fund was established IN