Morris Loeb's Will. - Industrial & Engineering Chemistry (ACS

Morris Loeb's Will. Ind. Eng. Chem. , 1913, 5 (1), pp 2–2. DOI: 10.1021/ie50049a001. Publication Date: January 1913. ACS Legacy Archive. Note: In li...
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T H E J O U R N A L OF I N D U S T R I A L A N D ENGINEERIiVG C H E M I S T R Y

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EDITORIALS MORRIS LOEB’S WILL

Morris Loeb, whose death was reported in the November, 1912, issue of THISJ O U R N A L , was known t o be a man of great wealth only by his intimate friends. Few realized the diversity of his interests, and his philanthropic work was not known t o many of his colleagues till after his death. His unassuming manner and genuine modesty were his best known characteristics. The chemical profession was always a matter of deep concern to Morris Loeb. During his lifetime he was a n active worker in the support of the chemical societies, the Chemists’ Club, the education of chemists, and in fact all of the interests of chemistry, in addition to a multitude of philanthropic and social interests. Hiswill, which has just been made public, accentuates his true interest in the sciences. He has provided with directness, with simplicity, with modesty, but with magnificence. The bulk of his estate is t o be transferred to his distinguished wife, Eda Kuhn Loeb. Harvard University, his Alma Mater, will receive, subject t o the life interest of Mrs. Loeb, five hundred thousand dollars for the advancement of chemistry and physics in other ways than b y payment of fellowships, scholarships and other direct emoluments t o students. The American Chemical Society is t o receive twentyfive thousand dollars t o be held by i t as a special fund, the income of which alone shall be used for the establishment or maintenance of a chemical typemuseum either in connection with the Chemists’ Club of New York or the National Museum in Washington, or the American Museum of Natural History in New York-preference t o be given in the order named. The chief object of this museum shall be the preservation of all new substances described a s the result of chemical research, either b y obtaining the same b y gift or purchase from the discoverer, or b y causing the same to be prepared in sufficient quantity according t o the discoverer’s published directions: all for the purpose of facilitating comparison b y subsequent observers. The Chemists’ Building Company of New York is to receive Dr. Loeb’s Chemists’ Building Company stock which is valued a t seventy-five thousand dollars. His magnificent privste technical library, valued at fifty thousand dollars, his portraits and memorabilia of scientists, and scientific apparatus have all been given t o the Chemists’ Club. The Hebrew Technical Institute, of New York City, receives twenty-five thousand dollars absolutely and twenty-five thousand dollars as a special fund, the income of which is to pay pensions of superannuated employees and of the families of employees who died in active service. The Jewish Publication Society of America gets ten thousand dollars. One thousand dollars each goes to the Young Women’s Hebrew

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Association, the Young Men’s Hebrew Association, the Hebrew Educational Society of Brooklyn, the Hampton Industrial Institute, and the United Jewish Charities, and two thousand five hundred dollars t o the National Academy of Sciences. I n addition t o these specific bequests, Professor Loeb provided that to each charitable institution t o which he contributed, a sum equal to the amount of his last contribution to such societies should be given for a period of two years after his death. To his servants he gave $100 for each year that they had been in his service. The residuary estate, subject t o Mrs. Loeb’s life interest, is t o be equally divided among the Smithsonian Institution a t Washington and the following New York institutions: The American Museum of Natural History, the Metropolitan Museum of Art, Cooper Union, the Hebrew Technical Institute, the New York Foundation, the Jewish Protectory and Aid Society, the Hebrew Charities Building, and the Educational Alliance. The Smithsonian Institution receives its bequest t o further the exact sciences. The American Museum of Natural History is t o collect a n exhibit for the illustration of the industrial use of natural products in ancient and modern times. The Metropolitan Museum of Art is t o purchase and exhibit objects illustrating the development of artistic handicraft in Europe and America. Cooper Union is t o endow a professorship. The Hebrew Technical Institute is t o establish technical courses for mechanics. The Jewish Protectory and Aid Society bequest is for the relief of employees. The Hebrew Charities Building is t o establish a library and t o reduce the rent for the charitable societies occupying the building. The Educational Alliance is t o devote its gift t o work among women and children. These bequests will be of inestimable value t o the American chemists, and the undertakings in which the donor was so keenly interested during his lifetime will be firmly established and their success assured. The technical press throughout the world deplored the loss of our distinguished colleague and paid tributes to his scientific attainments, his pleasing personality, his indefatigable energy in the interests of his fellow chemists, and his liberal support of plans for professional advancement. Our debt of gratitude has been perpetuated b y his wise provisions, and the benefits of his bequests will have a lasting influence on the future of the chemical profession in America. THE CODE OF ETHICS OF THE AMERICAN INSTITUTE OF CHEMICAL ENGINEERS

The Code of Ethics adopted b y the Institute at its fifth annual meeting in Detroit is a work of unusual importance, and will have a far-reaching and beneficial influence on the chemical profession. I n reading this code, which follows, i t becomes apparent t h a t