RICH MEN'S GENEROSITY
Lord' Rothermerc has put all lovois of London in his debt by contracting to -purchase the Foundling site in Bloomsbury for £525,000. He is paying a deposit of £50,000, and undertakes to pay the interest on the remainder at s?i per cent, until June doth, 10,°.T. He has also undertaken to make a further contribution of £50,000 towards the purchase money. The only conditions attached' to the gift are that the site shall be used as a children’s park, and that for one month in tlie year it shall be at the disposal of the Boy Scouts. This it the second large gift Lord Eothormero has made to London. Two years ago he purchased the site of the Bcthlcm Hospital, as a permanent memorial to his mother, for the use of the p 'epic of Southwark. These, says the London “Spectator,” are splendid ex- 1 amples to rich men of how to make! use of money for the public good.j Another most generous benefaction of i the week is Sir James Barrie’s gift of! n | all his rights in Peter Pan to the 1 Great Ormond Street Hospital for j Children. Unless the taste of children j in plays changes, this ought to be a j permanent endowment. 1
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Bibliographic details
Northern Advocate, 23 May 1929, Page 4
Word Count
212RICH MEN'S GENEROSITY Northern Advocate, 23 May 1929, Page 4
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