st
funds; only I wish that neither principal nor income be
expended in land or buildings, for any other purpose than
that of safe and productive investment for income. And I
hereby discharge the corporation, and its individual
members, so far as it is in my power so to do, of all
responsibility, except for the faithful administration of
this trust, according to their own honest understanding and
best judgment. In particular, also, I wish to relieve them
of any pretended claim on the part of any person, party,
sect, institution, or locality, to benefactions from this
fund, that may be put forward on any ground whatever; as I
wish every expenditure to be determined solely by the
convictions of the corporation itself as to the most useful
disposition of its gifts.

I desire that the doings of the corporation each year be
printed and sent to each of the State Libraries in the
United States, and to the Library of Congress.

In case the capital of the Fund should become impaired, I
desire that a part of the income, not greater than one half,
be invested, from year to year, until the capital be
restored to its original amount.

I purposely leave to the corporation the largest liberty of
making such changes in the methods of applying the income of
the Fund as shall seem from time to time best adapted to
accomplish the general object herein defined. But being
warned by the history of such endowments that they sometimes
tend to discourage rather than promote effort and
self-reliance on the part of beneficiaries, or to inure to
the advancement of learning instead of the dissemination of
it; or to become a convenience to the rich instead of a help
to those who need help, I solemnly charge my Trustees to use
their best wisdom in preventing any such defeat of the
spirit of this trust; so that my gift may continue to future
generations to be a blessing to the poor.

If at any time after the lapse of thirty-three years from
the date of this foundation it shall appear to the judgment
of three fourths of the members of this corporation that, by
reason of a cha