Encyclopedia Titanica

$100,000 Gift From Ismay - To Start Fund for Disabled Seamen

Thank-Offering for His Escape

New York Times

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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.

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Joseph Bruce Ismay

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Citation

Encyclopedia Titanica (2004) $100,000 Gift From Ismay - To Start Fund for Disabled Seamen (New York Times, Tuesday 14th May 1912, ref: #2361, published 23 February 2004, generated 4th December 2024 05:37:28 PM); URL : https://www.encyclopedia-titanica.org/100000-gift-from-ismay.html