Word: guggenheim
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...years ago Daniel Guggenheim, whose Daniel Guggenheim Fund for the Promotion of Aeronautics has helped U. S. aviation more than any other private agency, resigned from most of his business connections to give himself to benevolencies...
...Guggenheim fortune began with laces and embroideries in Philadelphia, whither Meyer Guggenheim migrated from Switzerland in 1848. Meyer and Barbara Myers Guggenheim had seven sons. Daniel went to Switzerland when he was but 17 to buy goods for the Philadelphia store. While he was away his father invested in some Colorado mines. When Daniel returned to the U. S. the family moved their lace & embroidery business, as M. Guggenheim's Sons, to Manhattan...
...brothers organized the American Smelting & Refining Co. and the Chile Copper Co. (cheapest and greatest copper producers). They developed copper mines in Alaska, tin mines in Bolivia and nitrate beds in Chile. Daniel Guggenheim, with the late Thomas Fortune Ryan and Bel gian, French and Portuguese financiers and politicians, worked up diamond mines in the Congo region. The Guggenheims, Daniel and his brothers, attribute much of their fortune to their hiring experts at no matter what cost and to maintaining the welfare of their employes...
...social welfare Daniel Guggenheim turned in 1919, when he was 63. To the welfare of aviation he turned two Junes before Lindbergh flew to Paris. His aim was to make aviation a public utility. He gave New York University $500,000 for a School of Aeronautics. Next he established his Daniel Guggenheim Fund for the Promotion of Aeronautics, with $2,500,000 endowment. The Fund has in its two and a half years given $1,200,000 to various aeronautical educational institutions for research and instruction. California and Massachusetts Institutes of Technology and Leland Stanford, Michigan and Washington Universities...
...Last week, his brother, Murry Guggenheim, announced that he would give $4,000,000 to establish free dental clinics for children in Manhattan...