nsiderations, let us endeavor to present some of
the best uses to which a millionaire can devote the surplus of which he
should regard himself as only the trustee.
_First_--Standing apart by itself there is the founding of a university
by men enormously rich, such men as must necessarily be few in any
country. Perhaps the greatest sum ever given by an individual for any
purpose is the gift of Senator Stanford, who undertakes to establish
upon the Pacific coast, where he amassed his enormous fortune, a
complete university, which is said to involve the expenditure of ten
millions of dollars, and upon which he may be expected to bestow twenty
millions of his surplus. He is to be envied. A thousand years hence some
orator, speaking his praise upon the then crowded shores of the Pacific,
may repeat Griffith's eulogy of Wolsey, "In bestowing he was most
princely: ever witness for him this great seat of learning." Here is a
noble use of wealth.
We have many such institutions, Hopkins, Cornell, Packer, and others,
but most of these have only been bequeathed, and it is impossible to
extol any man greatly for simply leaving what he cannot take with him.
Cooper, and Pratt, and Stanford, and others of this class deserve credit
and the admiration of their fellows as much for the time and the
attention given during their lives, as for their expenditure, upon their
respective monuments.
We cannot have the Pacific coast in mind without recalling another
important work of a different character which has recently been
established there, the Lick Observatory. If any millionaire be
interested in the ennobling study of astronomy,--and there should be and
would be such if they but gave the subject the slightest
attention,--here is an example which could well be followed, for the
progress made in astronomical instruments and appliances is so great and
continuous that every few years a new telescope might be judiciously
given to one of the observatories upon this continent, the last being
always the largest and the best, and certain to carry further and
further the knowledge of the universe and of our relation to it here
upon the earth. As one among many of the good deeds of the late Mr.
Thaw, of Pittsburg, his constant support of the observatory there may be
mentioned. This observatory enabled Professor Langley to make his
wonderful discoveries. The professor is now at the head of the
Smithsonian Institution, a worthy successor to Profe
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