Show WANTS TO TODIE DIE POOR Dr Pearsons About to Give Away Last of His Wealth Has Donated to Smaller Col Colleges Colleges leges and Universities r During Last 25 Years Years Won Won Riches In In Real Estate Chicago Dr Daniel K Pearsons Is going In a way to outdo Andrew Car Car- negie negle He He Is going to give his last I million dollars away before the fourteenth four four- fourteenth of next April when nothing happening he will celebrate his ninetieth nine nine- birthday He will keep only a sum which he thinks Is sufficient to pay his simple way for the few years ears longer he expects to live When he gives away his last million mil lion he lie will have disposed of In the last 25 years The greater part of It has been unloosened In the thelast thelast thelast last His policy Is to to to the small college The wealthy Institutions institutions with powerful alumni associations associations receive none of his money H He believes the small and needy denominational denominational denominational national colleges throughout the country country country coun coun- try are doing more for the poor boy and turning out a better cl class ss of American citizens than the more celebrated celebrated cele cele- universities For 60 years Dr Pearsons has been beena a noted character In and about Chi cago He is more than six feet in height and not even his 89 years have eradicated the atmosphere of or physical ph and mental power which he carries His early education was limited to a n short coU college ge course which proved of great value to him in his subsequent successful career He has no family and but few distant distant dis- dis tant ant relatives So far the only ion tion to his philanthropy has come from Institutions that for one reason or another failed to get his money In a quaint ancient house in the suburb of Hinsdale Dr Pearsons lives It t Is embowered In massive trees with witha a wide sweep sweep of lawn studded with flowers For scores of years he was wasa a D. dally daily passenger on commuter trains to and from the city That was when I I VI II soNs he tie was in the real estate business H He has now given up business and is devoting all his time to solving the puzzle puzzle how to give away his money so that that it will do the most good This last ten hundred thousand dollars dol lars tars he has Announced he he will give to 10 Chicago His home city has been cut cutout cutout cutout out of his benefactions larg largely ly because because because be be- cause there are no small colleges in in n it He refuses to say how he is going to give his last million or or who will willbe willbe be ba be th the beneficiary In all 47 colleges In 24 states have ha sh shared red Dr Pearsons Pearson's money All he asks is that they be Christian colleges There is no discrimination because of denomination or creed Whitman college has received Beloit college Mount Holyoke college college col col- col lege ege Chicago Theological seminary These represent his largest four gifts girts From to has been given to small and comparatively unknown colleges in Kentucky Tennessee Ohio Indiana Indiana Indiana Indi Indi- ana Iowa Missouri and many other states Dr Pearsons made his money In real estate In the early days of ot Chi ChI- cago He not only dealt In city real estate but made a specialty of farm lands He Ho represented the Illinois Central railway In disposing of mil mu millions lions Icons of fine farms in its land grant given by the state when the road was constructed For almost 60 years Dr Pearsons has been active In real es es- tate Investments that he made In Chicago in the early years Increased d dI I a and have hae now been I sold Mr Pearsons gives the credit for his philanthropic Interests largely to his wife who died three years ago It was her ber Idea Re said saaid She was wasa a keen business woman and she wanted wanted wanted want want- ed what money we had to be spent as wisely as possible Therefore we began began began be be- gan a systematic study of ol the regions which seemed to be most In n need of ot better facilities for the making of ot citizenship More than has been distributed distributed dis dis- among 4 47 7 Institutions Among the colleges which have benefited are Lake Forest university Beloit college Knox Chicago Theological seminary McCormick Theological seminary Drury college Yankton college Colorado Colorado Colo Colo- rado college Fargo college Mount Holyoke seminary Berea Derea college Marietta Marietta Ma Ma- rietta McKendree Grand Prairie semInary sem Inary nary Whitman college Olivet college college col col- col lege Fairmont college Carleton and Anatolia college In Turkey which has received over At one time Mr Pearsons had more than loaned to needy students |