MILLIONAIRE'S GREAT GIF

Shannon News, 27 August 1929, Page 2

MILLIONAIRE'S GREAT GIF

A trust fund of £2,000,000 has be created in the United States by Sen tor James Couaens for the welfai health and happiness of children. 1 though intended primarily for tho living in the State of Michigan, t money may also be used to aid oth children throughout the world. T annual distribution will amount £140,000, and both principal and . come must be disbursed in 25 years. Mental hygiene and child guidan clinics will be c-ncoxiraged, and inves gations conducted into all siubjec bearing on children's health but buildings will be erected nor will : search be conducted in the realm pure science. Mr Couzens' physician, Dr. Hu Freund, will be in charge of the tn tec corporation, which will be namH the Children's Fund of Michigan. H Within the last 10 years, Mr. CouzeH has given away £4,000,000, largely <H voted to children. He owes his ffl| tune to his faith in Mr Henry FoM for in the days when the motor-JB manufacturer was looking round ffjjj aid, Mr Couzens lent him what surpjjjj he possessed, and he has since been <H riched a thousand-fold. |H