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Show iBfiEiEIM GIFT ISIIIMLl i 1 Mining magnate and former senator of colorado makes provisions i Fellowships Will Ee Awarded On Program Broader Than Those of the Cecil Rhodes Scholarship J I New York Announcement has been made of a preliminary gift of J M.OUO.DOO by Simon Guggenheim, i mining magnate and former Unftett Stales senator from Colorado, to endow en-dow John Simon Guggenheim mem orial foundation fellowships for advanced ad-vanced study abroad. The fellowships, to be awarded on a program even broader than that or ! the Cecil Rhodes scolarship. will be . a memorial to Mr. Guggenheim's son, I who died in 1022 while preparing ror I Harvard and later studying abroad. The announced purposes of the foundation are: "To improve the J Quality of education and the prac-i prac-i tlce of the arts and professions in j the United States, to foster research, j and to provide for the cause of bet- ter International understanding." ) The Guggenheim scholarships will be open to men and women, married or single, of every race, color and j creed. Any subject may be studied In any country in the world. There are no age limits, although, since the scholarships are Intended for those who have shown marked ability In their particular subject, it is expected expect-ed that most appointees will be between be-tween 25 and 35 years old. The principal obligation for those receiving fellowships will be that they shall produce contributions to knowledge In their special subjects and that they shall make the results of their studies publicly available. Only candidates of exceptional aptitude ap-titude for research, or who have undertaken un-dertaken an important piece of work, or who have demonstrated ability in one of the flue arts will be appointed. The first fellowships-will be awarded award-ed for the academic year 1926-27. Each scholar will receive about ?2,-500 ?2,-500 a year. Larger or small sums, and longer or shorter appointments than one year may be granted in individual in-dividual cases. After the first year it is expected tfiat forty to fifty scholars schol-ars will he appointed annually. "We all realize," Mr. Guggenheim said in a statement, "that some of the finest minds, some of the most conservative con-servative thinkers in the world, have been seriously hampered in turning their natural gifts to the best advantage advant-age by the lack of adequate financial backing. I want to do my part to meet this need. "It has been my observation from Ihe outside," Mr. Guggenheim said, "that just about the time a young man has finished college and is prepared pre-pared to do valuable research he is compelled to spend his whole time In teaching. "Salaries are small, so he is compelled com-pelled to do this in order to live, and often he loses the impluse for creative creat-ive work in his subject which should be preserved in order to make his teaching of the utmost value, and also for the sake of the value of the researches in the carrying on of civilization. |