106 and 108 Fulton Street, 203 Walnut Place, r
JVIs* -Carnegie's latest magnificent gift of $25,000,000 is proof positive that his numerous benefactions for general and educational purposes are to be continued permanently. He has, as it were, incorporated himself for philanthropic purposes, chiefly of an educational character, and under a charter which leaves . abundant discretion to his trustees and ( does not tie them up In a way to ham- j per them or t/heir successors years £ hence, in the carrying out. of Mr. Car- i negie's purposes. Primarily, it, is the e "business of founding and aiding li- 1 braries" which is to be turned over to c them. When before in the world was f there ever a business of philanthropy t conducted on so vast a scale by a sin* ) gle individual? Also it is to be an • and lt; enterprise to further the advancement i and diffusion of knowledge among the and lt; people of the United States by aiding universities and technical schools, scientific research, etc. In other words, it is for the moment merely a change in the form of Mr. Carnegie's unending personal gifts. It must be said of them that in the main they have been along wise and far-sighted lines—the Carnegie Institution is itself one of the greatest and most enduring monuments any man could possibly rear to himself. Mr. Carnegie incorporated will, we are confident, continue to give as wisely as Mr. ¦ Carnegie in propria persona.
Carnegie Mellon University - Andrew Carnegie Online Archives
