Jasper County Democrat, Volume 15, Number 63, Rensselaer, Jasper County, 9 November 1912 — Carnegie Institute. [ARTICLE]
Carnegie Institute.
The Carnegie Institute, Washington,, was founded by Mr. Andrew Carnegie' January 28, 1902, when he gave the board of trustees the sum of $10,000,000 in registered bonds, yielding 5 per l cent, annual interest. He stated, in general terms, that his purpose was, to “found In the city of Washington, an institution which, with the cooperation of institutions now or hereafter established, there or elsewhere,, shall in the broadest and most liberal! manner encourage Investigation, research and discovery, show the application of kno>,._- ow uxu improvement of mankind, and provide such buildings, laboratories, books and apparatus as may be needed.” Mr. Carnegle added $2,00(1,000 to his gift In 1907.
