THE Wairarapa Age MORNING DAILY. FRIDAY, APRIL 1, 1910. THE ROCKEFELLER FOUNDATION.
Mr Rockefeller displays his souDd business facility in arranging for the I establishment during his lifetime of the foundation which he has created for the purpose of administering the redistribution of the millions that he has dragged from his fellow-crea-ture. The hope of earning the approbation of others is one of the strongest of the incentives that appeal to the human mind, and by providing during his lifetime for the inauguration of a great philanthropic fund Mr Kuckefeller gets something definite for his money—that something being the approbation, or, at any , rate, the expected approbation, of suffering humanity. If he had merely bequeathed his millions to trusts s \ )y will he would personally have de- ,
J rived no benefit whatever from the i ] transaction. The establishment ot|i "a great clearing-house of humani- J tarian effort throughout the world" is a conception singularly in harmony with the ordinary business propositions of the richest man on earth. Mr Rockefeller desires to make a gigantic "corner" in humanitarian effort. He proposes through the organisation to supply aid to clients everywhere. As tbe Standard Oil Trust dispenses its commodity to great and small, ! to the wealthy corporation that is in I a position f» make rebates, aa well as to the starving toiler who objects to pay an artificial price for his kerosene, so the Rockefeller foundation will distribute its philanthropic out • put to sufferers by the humblest as weil as by the moat appalling catastrophes. It is proclaimed that the necessitous kindergarten will be benefited as well as the earthquakeahattered city, and Mr Rockefeller will presumably take his payment in tne gratitude of the beneficiaries. Here is a conception that betokens a maatex mind among millionaires, eclipsing alike in weight of money, at any rate, the scholarships founded by the late Mr Cecil Rhodes and the free libraries distributed by Mr Andrew Carnegie. But the daily work of tbe twenty-five trustees nominated by Mr Rockefeller to administer his vast fortune is not to be envied. The trustees will need to possess the fraperviousness of tar Rockefeller himself if the establishment of this new foundation is not to be the j signal for a record scramble. -
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Wairarapa Age, Volume XXXII, Issue 10007, 1 April 1910, Page 4
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374THE Wairarapa Age MORNING DAILY. FRIDAY, APRIL 1, 1910. THE ROCKEFELLER FOUNDATION. Wairarapa Age, Volume XXXII, Issue 10007, 1 April 1910, Page 4
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