Show GUGGENHEIM GIrT GIFT GIrTIS IS THREE MilLION MINING MAGNATE AND FORMER SENATOR OF COLORADO MAKES PROVISIONS fellowships Will Be Awarded On Program Broader Than Those of the Cecil Rhodes Scholarship New York Announcement has lias been made of or a preliminary gift of by Simon Guggenheim mining magnate and former States senator from Colorado to endow endow en en- dow John Simon Guggenheim memorial memorial mem mem- orial foundation fellowships for advanced advanced advanced ad ad- study abroad The fellowships to be he a awarded warded on ona ona ona a program even broader than that or orthe orthe orthe the Cecil Rhodes will be bea a memorial to Mr Guggenheims Guggenheim's son who died in 1922 while whilo preparing for H Harvard and later studying The Tue announced purposes of or the foundation are To improve the quality of or education and the practice practice practice tice of oC the arts and professions Inthe in inthe inthe the United States to foster Coster research and to provide for the cause of better better hettel bet het- ter tel international l understanding The Guggenheim scholarships willlie will willbe willbo bo lie open to men am and women married 01 or single of every race color and creed Any su subject ma may be studied in an any countr country in the world There are no age limits although since the scholarships are intended for those who have hae shown marked ability In their particular subject it is expected expect expect- ed that most appointees will be between between between be be- tween 25 and 35 years old The Tue principal obligation for those re receiving elving fellowships will be that the they shall produce contributions to knowledge in their special subjects an and that they shall make the results of their studies publicly available a Only candidates of exceptional aptitude ap aptitude ap- ap for research or who have un un- undertaken an important piece of ot work or who have haye demonstrated ability in one of the fine arts will be appointed The Tue first fellowships will be awarded award award- ed for fOl the academic year rear 2 1926 Each scholar will receive about 2500 2500 2 a year ear Larger or small sums and longer or shorter appointments than one year ear may mn b ho h. i l tn in n r. r CJ U U cases After the first year ear earIt It is expected that fort forty to fifty scholars scholars scholars schol schol- ars will be bo appointed annually We Ve all realize Mr Guggenheim said in a statement that some of the finest minds of some SOnIC the most conservative conservative con con- thinkers In the world have been seriously hampered in turning their natural gifts girts to the best advantage advant advantage age b by the lack of adequate financial backing I want to do 10 my part to meet this need It has been m my observation from the outside Mr 11 Guggenheim salt sain that just about the time a young man has finished college and is prepared prepared pre pre- pared to do cIo valuable research he is compelled to spend his whole time In teaching Salaries are small so he Is com corn compelled to do this tills in order to live and often he he loses the for creat eat ire ive work In his subject which should be be preserved in order to make hl lila hla teaching of the utmost value I and also for the sake of the value of ot tho the I researches In the carrying ying on of ot ch on I I I |