THE NENANA DAILY NEWS
Application made April 1, 1918, at the postoffice at Nenana, Alaska,
for entry as second class mail matter, under the Act of March 3, 1879.
“WHERE RAIL AND RIVER MEET”
Published every afternoon except Sunday, by the Nenana Printing
Company, at First and B Streets, Nenana, Alaska.
R. G. Southwortb-----Editor and Manager
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The Associated Press is exclusively entitled to the use for re-publi
cation of all news dispatches credited to it or not otherwise credited in
this paper and also all the local news published herein.
ANDREW CARNEGIE.
Andrew Carnegie began a race
against time when, in 1901, at the
age of 65, he resolved to give away
his enormous fortune. He held it
■‘disgraceful’’ for a man to keep on
gathering idle millions. In the com
paratively few years which the
actuary would allow him, he would
disembarrass himself of practically
all he had. No man had ever
launched a philanthropic campaign
of such dimensions.
His was then a fortune of just
about a quarter billion dollars, the
largest ever acquired by a foreign
born American, second only to the
John D. Rockefeller wealth as the
largest individual accumulation in
the United States, and, built, as it
was, of five per cent steel bonds,
it would, without so much as turn
ing over one’s hand, have approach
ed half a billion by the time Car
negie could call himself an oc
togenarian, on November 25, 1915.
To give this stupendous sum1
away, in about half the time he
had taken to gather it, was a pur
pose Carnegie had fairly well ful
filled when death overtook him yes
terday at his palatial summer home
in Massachusetts. He had distrib
uted $350,695,653 up to June first.
It was giving money away at the
rate of over $20,000,000 a year, or
more than $50,000 a day.
He declared, when he save up
gathering wealth and announced an
era of distribution, that he expect
ed to find it more difficult to give
his millions away than it had been
to acquire them. ‘‘How* would you
give $300,000,000 away?” became
such a popular query that an Eng
lish advertiser, who employed it.
received no less than 45,000 sug
gestions as to how- Carnegie could
rid himself of his wealth. Twelve
thousand persons solved the prob
lem in part by asking for some of
the money for themselves.
The answers which Carnegie him
self gave and backed up with his
millions have made him the most
■original if not the greatest of phil
anthropists.
Before he sailed for Scotland in
1901 he left letters announcing
gifts of $9,000,000. His first big
gift was the setting aside of $4,
t>00,000 to supply pensions and re
lief for the injured and aged em
ployees of his steel plants—“an ac
knowledgment of the deep debt
which I owe to the workmen who
hav* contributed so greatly to my
success.” He added an extra mill
ion for the support of libraries for
his workmen, and looked up his
3ibrary hobby in a wholesale way by
giving $5,200,000 to New York
City for the erection of 65 branch
libraries in the metropolis. An
other million he gave for a library
in St. Louis.
“I have just begun to give money
away,” he said in announcement of
■these gifts. He kept it up as fast
as he could with discrimination. Cn
libraries alone he spent upwards
of $53,000,000. He gave them to
some three thousand English-speak
ing communities throughout the
world. One of his libraries is in
the Fiji islands, and another is in
Dawson.
He remembered Pittsburgh, the
| scene of his steel-making triumphs,
! by establishing there a great insti
tute, including the largest of his
libraries, a museum, a magnificent
concert hall, and the Carnegie
Technological schools, with a total
endowment of $16,000,000.
He built a great national insti
; tution in Washington, which should
be the fountain head of advanced
work in “investigation, research
and discovery," and placed in the
hands of its trustees a total endow
ment of some $20,000,000.
To his native Scotland his larg
est single gift was a fund of $10,
000,000 to aid education in Scot
tish universities.
He carried out his pet idea of
a Hero Commission, endowed in:
1905 with $5,000,000, by which hun
i dreds of men, women and children
have been rewarded with Carnegie
medals or pensions for acts of hero- j
j ism in the rescue of imperiled per
| sons. He later extended similar:
benefactions to several foreign l
countries.
; He established the Carnegie Foun
| dation for the Advancement of i
Teaching, with a total fund of $15,
000,000, which has taken up effi
ciency surveys of educational work,
. aided many institutions, and pro-j
vided pensions for college profes
sors. In 1911 he capitalized his
educational benevolence, so that his
gifts to libraries, colleges, and oth
er institutions, should live after
him. by establishing the Carnegie1
Corporation with a fund of $25,-'
000,000.
One of his latest and greatest
ideals was the abolition of war, a
hope tnat he cherished in the face
of international conflicts. He gave
$10,000,000 toward an Internation
al Peace Fund, and built the Peace:
Palace at The Hague, which was
dedicated in 1913. He gave $750,
1000 for the Bureau of American
Republics at Washington.
His los e of music moved him to;
, equip hundreds of churches and in-'
i
ststutions with pipe-organs. He nev-1
i
er gave directly any large sum to!
j religious purposes. Of his organ ‘
gifts he said he would hold himself ]
responsible for what the organ :
pealed forth on the Sabbath, but not
for what might be said in the pul
pit. One of his very early gifts, ■
as far back as 1891, was the Car
negie Music Hall in New York, at
,a cost of $2,000,000, and as presi
dent of the New York Philharmonic
society he spent his money liberally
in furthering its ideals. He also
liberally backed the Pittsburgh or
chestra.
To the Allied Engineers societies
he gave $2,000,000. His small gifts I
to colleges amounted to some $20,- j
000,000. No man left at his death j
such an unique and such a scat-!
tered series of monuments to per- i
; petuate his memory.
Andrew was 16 when his father
died, and he became at once the
bread-winner of the family and a
true capitalist. He had been told
by his trusted employer that ten
shares of Adams Express stock could !
be had for $500, and it was a good
investment. At a family council i
that night, Carnegie’s mother de
cided she would mortgage her little
home for $500. The stock was
bought, and it brought monthly div
idends of one percent.
The romance of his success was
such that the immigrant boy of
11848 became some forty years later
] the world’s leading producer of
steel, a multi-millionaire himself,
and fast bringing a score of other
men into the same category. Many
square miles of his mills surround
led Pittsburgh. He reached into
Upper Michigan, 700 miles away,
and acquired vast regions of ore
land. He established railway and
steamship lines to bring the ore 1
'to him. He boasted of the reduc
tion in price of steel rails from $95
a ton down to $26. His critics
claimed that even the lower figure
;was maintained only by the fact
! that he had monopolized the in-1
j austry. A former secretary once
divulged what was alleged to have
been official correspondence to the
: effect that the Carnegie steel com- :
bination could sell rails at a profit
, at as low as $12 a ton.
It was certain that the grip which
ne had upon the steel situation ;
made his elimination necessary If '■
■ others in quest of wealth in steel i
[were to realize the millions they1
saw' going to him. He was, ac-1
cordinglv, bought out in 1891. The
!
(syndicate headed by J. P. Morgan, j
which desired to form the billion- i
dollar United States Steel corpora-1
(tion, paid $420,000,000 in their fii'e !
percent bonds for the Carnegie com
pany’s holdings.
Carnegie's mother, to whom he
repeatedly gave credit for all that;
he was, lived to be an octogenari- j
an, and so devoted was he to her
that he hesitated to marry. In
1888, however, he married Louise j
Whitefield, of New York, by whom j
he had one child, a daughter, Mar- !
garet. born in 1897. His bride was
twenty years his junior. To her
and her daughter probably remains ,
a large fortune, notwithstanding !
Carnegie’s public gifts.
There are two Carnegie “gifts"
which will be generally forgotten,
since they were never accepted. It
was reported that his anti-imperial
ism prompted him to offer $25.
000,000 to the United States gov
ernment if it would turn over the
Philippines to the natives for self
government. Later, when the ques
tion of “What shall we do with our
ex-presidents?” was widely discuss
ed, Carnegie's imagination solved
the problem. He offered to support
them on a $25,000 pension every i
year so long as they lived, and do j
the same for their widows so long j
as they remained unmarried. The
proposition was frowned upon, and ;
dropped.
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* MARINE BULLETIN *
;* *
* **************** *
1 Yukon, up Tolovana, 9:30 p. m .
; nth.
Sibilla and Relief, at Gibbon.
! Kotlik, at St. Michael.
Jacobs and Davis, at Kotlik.
! Julia B, down Kotlik, 10 p. m.,
11th.
Washburn, up Holy Cross for
i Dikeman, 9th.
i Seattle No. 3, up Kokrines, 5 a. m.
Alaska, up Fort Yukon, 4 a. m.,
10th, last report.
I
Benchley, at Melozi.
Reliance, at Fairbanks.
Dawson, up Dawson, 7:15 a. m.,
111th.
Selkirk, up Big Salmon, 7:20
a. m., 11th.
Casca, up Selkirk, 2:15 a. m.,
111th.
Tanana, up Tolovana, 11:50 a. m.
Kelly, at Tolovana.
__ I
Why Waste Time?
“W hy do you consider women to
be superior to men in intelligence?”
“A bald-headed man buys his re
storer by the bottle, doesn’t he?”
“Er—yes.”
l'W ell, a woman doesn’t waste
time on a hair-restorer; she buys
hair.”—London Passing Show.
OLD PAPERS FOR SALE AT
THE NEWS OFFICE
WANT ADS
FIFTEEN' MEN WANTED to cut
wood. Five dollars per cord;
good timber. A. G. Vachon, Tan
ana. kd-16
FOR SALE — Showcase. feet
long. Practically new. Cheap.
Inquire Mrs. Herman Rosburg.
KETCHIKAN WILL HAVE
NEW CANNERY IN SPRING
Plans are under way for a new
cannery for the Sunny Point com
pany, to be erected during the win
ter or early spring, says the Ketchi
kan Chronicle. This cannery will
take over the work done at present
!by the plant on the Northland dock
and will be located in Newtown,
just beyond the Ketchikan Lumber
& Shingle mill.
I “At present we’re crowded in our
quarters on the dock,” said H. C.
Strong, one of those interested in
the new plant, “but the largeness
of our new site will give us plenty
of room."
The present cannery building, ac
cording to present plans, will be
made a part of the dock company
buildings to be rented out to buyers
and packers.
Keaaaa. Alaska'! Interior Fuel Depot
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FOWLER & MORRIS
GENERAL MERCHANTS
A Thoroughly Modern Hotel
The Southern
Tom Smith, Prop.
A Feminine Solomon.
He: How about getting married?
She: Getting married—if it’s the
right girl—should double the life of
your tires and cut your gasoline
bill in two.
r.s. McDonald
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NENANA LODGE No. 1193
L. 0. 0. M.
MEETS AT MOOSE HALL
FOURTH AND B STREETS
On Second a*d Fourth Tuesdays
At 8 P. M.
ALEX FOWLER M V. TYLER,
Secretary Dictator.
Department of the Interior
Alaikan Engineering CommUaion
NOTICE
Passengers leaving on the train
for any point on the line south of
town are required to purchase
tickets before entering the train.
Tickets can be purchased from
the station agent, whose office is
in the employment office, on the
ground floor of the general office
ouilding, Alaskan Engineering com- n
mission.
Tickets will be on sale at any
time during office hours, and can
be purchased in sufficient time be
fore the departure of the trains.
Regular trains leave the foot of
i A street on Wednesdays and Satur
days at 8 p. m.
On and after july 15th the freight
on the North side of the river at
Camp 415 dock will be shipped out
Tuesday and Friday of each week,
| leaving at 7 a. m., until further
; notice.
Dr. J. R. 80WEN
DENTIST
Prices Most Reasonable
THE BOWEN BUILDING
L. C. ISABEL
BARBER
SOUTHERN HOTEL
BUILDING
SHIP TO
GEO. R. GOSHAW, Inc.
ALASKAN DEALER IN
RAW FURS
SEATTLE
Alukt Building
NEW YORK
127 W. 27th Slrxl
We do business direct with you and solicit your RAW FURS.
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Market Prices are paid on correct grading the day received If
desired, your shipments will be kept separate in order that our
prices may be approved by yoa. Providing that our valuation
does not prove satisfactory, the Furs will be returned to you,
transportation charges prepaid. Ship by Insured Parcel Post or
Express. Ship in dry condition. Always enclose an itemized
list of contents with name and address. Also place duplicate
list on the outside of package or bale. All payments are made
by check on 'the Seattle National Bank, or in any other manner
desired. Special instructions, if any, must accompany shipment.
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