New York Times

Thank Offering for His Escape---To Start Fund for Disabled Seamen
By Marconi Transatlantic Wireless Telegraph to The New York Times
LIVERPOOL, May 13---The Liverpool Journal of Commerce states that J. Bruce Ismay has decided, as a memorial of the heroism displayed by all sections of the crew of the Titanic, and as something of a thanksgiving offering for the safety of himself and of the other surviving passengers, to found an endowment fund with a gift of probably £20,000, ($10,000,) to provide pensions for disabled White Star Line seamen of all classes, whether engaged above or below deck, or for the widows of such men.

It is understood that details of the scheme will shortly be made known by the Lord Mayor of Liverpool.

Related Biographies:
Joseph Bruce Ismay

Mark Baber
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    (1912) $100,000 GIFT FROM ISMAYNew York Times (ref: #2361, accessed 2nd April 2015 01:09:55 AM)
    URL : http://www.encyclopedia-titanica.org/100000-gift-from-ismay.html

    Added to Encyclopedia Titanica Monday 23rd February 2004, last updated .