MINUTES OF THE BOARD OF TTRUSTEES,Jun-6,1906 Page 96(cont'd)



    At this juncture I thought it best to go New York and
seek a personal interview with Mr. Carnegie, if at home, and
if not, with his private secretary, Mr. James Bertram.  On
my arrival in New York early in April of the present year,
I ascertained from an architect who was evidently in the con-
fidence both of Mr. Carnegie and his secretary, and who had
written to me in advance of my visit to New York, that Mr.
Carnegie was not at home. He, however, kindly arranged an
interview with Mr. Bertram at which he himself was present.
I, in conversation with Mr. Bertram, learned that Mr. 0aflegie's
invariable condition was that in supplying the funds for
library buildings, he required that an amount equivalent to
the suma given by him should be raised by the corporation to
whom the library was to be given, which should constitute a
fund, the interest of which would be applied to the upkeep of
the instution. This seemed to place an insurmountable obstacle
in the way, as I did not see how we could proceed to raise
such, sum as would meet the condition indicated.. After con-
siderable conversation, however, the private secretary agreed
that Mr. Carnegie would waive these condition in behalf of the
State College, Providing that the governing board would guarantee
an annual sum equivalent to ten ner cent oL his Drooosed bene-
faction for the maintenance of the orooosed library. To this
proposition I took the liberty 6f signifying, provisionally at
least, the concurrence and assent of the governing board of the
State College of Kentucky.

     On my return I communicated with the Chaitran of the Execu-
tive Committee the result of the negotiations and suggested
that in as much as Mr. Carnegie was booked to sail for Europe
on the 15th of May that he call a meeting of the Executive Oom-
mittee to consider the results obtained.  The Executive Com-
mittee met on his call on the 26th day of April. I then laid
before this body a detailed statement of the negotiations from
beginning to end. I armi gratified to report that the Executive
Committee promptly ratiLied what I had d-one and passed the
following order:





                                 State College of Kentucky
                    Agricultural and Mechanical College
                              Lexinton,Ky. Apr. 26, 1906
     At a meeting of the Executive Committee of the State Col-
lege of Kentucky, held on this day, the following resolutions
were adopted:



     Be it resolved by the Executive Committee of the Board of
Trustees of the State College of Kentucky;