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Show ; CARNEGIE BECOMES JOINT FOUNDER WITH FRANKLIN r Donates $540,000 to an Institution for Industrial Training In the Citj of Boston. NEW YORK, Dec 16. Andrew Carnegie Car-negie bas given to the city of Boston 1 the sum of $540,000 and has become the - Joint founder with Benjamin Franklin of an Institution for Industrial training, according to an announcement made this morning by the Herald. The new enterpris is to be managed along the lines of the Cooper Institute In this city. Benjamin Franklin, in his will, left to the city of Boston the sum of $5000, which was to be Invested and kept Intact In-tact for a century. The' 1oard of se lectmen and the ministers of three denominations de-nominations were mentioned as the trustees to whom the expenditure of this fund should fall. The amount was invested In raal estate soon after the death of Franklin, which took place In 17K, and It was found on the termination termina-tion of the trust that the fund had Increased In-creased to $270,000. It Is stated that Mr. Carnegie recently recent-ly agreed to donate twice the amount of the fund for the purpose stated. |