Carnegie, Andrew, 1835-1919; Industrialists -- United States -- Biography; Philanthropists -- United States -- Biography
The details of the proposed fund being read, the Earl of Elgin was not
sure about accepting a trust which was not strict and specific. He
wished to know just what his duties were. I had given a majority of
the trustees the right to change the objects of beneficence and modes
of applying funds, should they in after days decide that the purposes
and modes prescribed for education in Scotland had become unsuitable
or unnecessary for the advanced times. Balfour of Burleigh agreed with
the Earl and so did Prime Minister Balfour, who said he had never
heard of a testator before who was willing to give such powers. He
questioned the propriety of doing so.
"Well," I said, "Mr. Balfour, I have never known of a body of men
capable of legislating for the generation ahead, and in some cases
those who attempt to legislate even for their own generation are not
thought to be eminently successful."
There was a ripple of laughter in which the Prime Minister himself
heartily joined, and he then said:
"You are right, quite right; but you are, I think, the first great
giver who has been wise enough to take this view."
I had proposed that a majority should have the power, but Lord Balfour
suggested not less than two thirds. This was accepted by the Earl of
Elgin and approved by all. I am very sure it is a wise provision, as
after days will prove. It is incorporated in all my large gifts, and I
rest assured that this feature will in future times prove valuable.
The Earl of Elgin, of Dunfermline, did not hesitate to become
Chairman of this trust. When I told Premier Balfour that I hoped Elgin
could be induced to assume this duty, he said promptly, "You could not
get a better man in Great Britain."
We are all entirely satisfied now upon that point. The query is: where
could we get his equal?
It is an odd coincidence that there are only four living men who have
been made Burgesses and received the Freedom of Dunfermline, and all
are connected with the trust for the Universities of Scotland, Sir
Henry Campbell-Bannerman, the Earl of Elgin, Dr. John Ross, and
myself. But there is a lady in the circle to-day, the only one ever so
greatly honored with the Freedom of Dunfermline, Mrs. Carnegie, whose
devotion to the town, like my own, is intense.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account