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Show FOR WORLD PEACE ANDREW CARNEGIE DONATES TEN MILLION DOLLARS FOR ABOLITION ABO-LITION OF WAR. Income Estimated at Half a Million Annually Designed by Ironmaster to Best Help Man in His Prog- -ress Toward Happiness. Washington. Surrounded by twenty-seven trustees of his choosing, comprising com-prising former cabinet members, former for-mer embassadors, college presidents, lawyers and educators, Andrew Carnegie Car-negie on Wednesday transferred to, them $10,000,000 in. 5 per cent first mortgage bonds, value $11,500,000, to be devoted primarily to the establishment establish-ment of universal peace by the abolition aboli-tion of war between nations and such friction as may impair "the progress and happiness of man." When wars between nations shall have ceased, the fund is to be applied to such altruistic purposes as will "best help man in his glorious ascent onward and upward, by the banishment banish-ment of the "most degrading evil of evils" then harrassing mankind. As Mr. Carnegie read an informal deed of trust announcing at length the general purpose of his gift, there was prolonged applause. He then explained ex-plained the incidents which Inspired the gift at this time and declared with emphasis that if the English-speaking race in the United States and Great Britain once consolidated in the movement move-ment for international peace the success suc-cess of the measure in the rest of the world would be assured. By his gift of $10,000,000 to abolish war, Carnegie sets a new high record for benefactions, having now given away $60,000,000 more than Rockefeller. Rockefel-ler. Here is the record as it stands at present: Andrew Carnegie, $180,-000,000; $180,-000,000; John D. Rockefeller, $120,-000,000. |