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Show 1 Carnegie Plans to Spend $25,- 'km 000.000 Establishing New . ; H Ed n cation ai Center. lH 11 PRESIDENT WILL BE H THE CHIEF EXECUTIVE: H Announcement of Plans Before National Convention Will Kill Third Term Scheme. H Special to The Tribune. Jl WASHINGTON". "April 16. Audrow. Caniegie will endow a $25,000,000. Na-f jjl ..ttonal university in Washington, ' audi ifl Theodore Poo?evclt will become its! 'B president at the expiration of his term! iu the White House. President. Koosevelr, imitating the cc-! ample of General Grant, will make al tour of the world after next March. so as to give Secretary Taft a free Sl hand in administering- the affairs ot mmm the government, if Taft is elected Presi-! Jf j dent, and thus escape tlte charge that ll , JRoosevelt is dominating the Taft ad- ll ' ministration. Jl To Head Off Third Term. IH I Mr. Carnegie will make the announce- '1 ment of his intention to found the Na- H tional university shortly before the Tile- mm publican National convention meets, for '1 the purpose of heading off an.y attempt fjl to stampede the convention to ixomi- il nate Roosevelt for another term. (Il Plans for tho National university are iul now being mndcT flIlfl the' will be per- ifl fee ted in a short; time. lll I.t will bo six weeks before these Kl plans are completed. The university nl will be on an elaborate scale, and tho Hl most, distinguishod educators of the il world will be employed. ijfll Magnificent buildings will be cob- ll struct ed, and front edvfa.tiounl and architectural standpoints the university Ijl will be the best in the world. Tho mi- Sl turo of the securities which will be pro- ll vided lo supply the revenue for the Hl university are. now being decided in the inner circles ol! "Wall street, to whom tl -the. plans of Mr. Carnegie are. known. Ql |