The Daily Alaska empire., 1932-03-15
|CE0RCEEASTMAN
 PHIL THROPIST, TAXES HIS LIFE
Kodak Manufacturer Says Work Is Done, Why
 Wait P Suicides
Continued rom Page one)

1 residing in Evanston, Illinois.
 Funeral arrangements are being made. The body will be crsmated.
 George Eastman had 8 philoso- pny relative to wealth, which in his case must have worked both ways In December, 1924, announcing gifts of $l2,5OO,OO0 to institutions of higher learning, he said: Two courses are open to the man of wealth. He can hoard his money for his heirs to administer or he can get it into action and have fun with it while he is still alive. I prefer getting into action and adapt ing it to human needs"
 Fun For Millions
 While Mir Eastman confessed to getting fun out of giving his money away, and there can be no doubt about that for his total benefac- tions aggregated $59.0oo,o00, his money provided him with a double portion of satisfaction while he was accommodating it. This came about through his development of the Eastman kodak, which revolu- tionized the art of photography and made the taking of pictures sim pie operation so simple that it could be performed by a child.
 It was MT Eastman's interest in amateur photography as a hobby that led to the development of his business which became worldwide in its scope He had begun his busi- ness career as an office boy with an insurance firm and later be- came clerk in the Rochester Saw irgs Bank. Purchasing for vaca- tion trip a camera, a crude, cum Eergome outfit at that time, he de veloped it from an apparatus which he could carry on his back. Then, following lead which he discover ed in a British magazine article, he began experimenting in coating plates for future use instead of preparing each plate as it was needed, as was then the practice. He finally succeeded and the pho- tographic world soon learned that Eastman was making pictures on dry plates.
 Quits Bank Position
 In connection with the lnanufac- tlire of the plates MT. Eastman in :. vented plate coating machine, the nights of which he sold in England for $l 200. In 1881 he quit his bank position to devote all his time to the manufacturing of the plates and took into partnership Harry A. Strong, a boarder at his moth- CTS home With the dry plate es- tablished, competition was encoun- tered in it's manufacture and MT. Eastman then turned to experi- menting again with an idea of eliminating the bulky glass plates from the photographers necessary equipment. Aided by William H. Walker, an expert in his employ, he succeeded in placing the dry-plate emulsion on a fine grained paper Thus began the era of the photo- film and won for Messrs. Eastman and Walker medal from the Roy al Geographic Society of Great Britain.
 New Camera Devised
 In 1887 Mir Eastman devised a camera that comprised lense in stantaneous shutter and film roll, the first snapshot camera and the real beginning of amateur photo- graphy. This became kodak No. 1, the name being a coined word by the inventor.
 With the aid of the improved transparent film Thomas A. Edison adapted it in his experiments with projection machine which event. ually developed into the first mo- ton pictures. As the latter busi- ness developed it looked to the Eastman factory for film and for many years three-foalrths of the film used in the industry was an Eastman product.
 Wage Dividends
 For the benefit of his employees, MT. Eastman inaugurated a system of wage dividends in 1911. When the twelfth dividend was declared in 1924 it was announced that nearly sl0000, 900 had been distrib- uted among employees. In 1919 he announced a gift of 100000 shares of the common stock to be sold to employees at par, the proceeds of the sale to form the employees well fare fund. Tn 1924, when all eligi- ble to participate in the gift had done so, the market value of the stock was estimated at $2l .0oO, 900
 Total Benefactions
 Of his total benefactions MT, Eastman up to 1925 had given to the University of Rochester S23,- 578,000. of which more than half went to the Rochester School of Music and Eastman Theatre. Other millions were given to Rochester projects, including the city's parks and hospitals, a Chamber of Com lmerce building, r. M. e. A, and