Education: Dukes' Duchy

First tobacco Duke to betray an interest in higher education was old Washington ("Wash") Duke who in 1891 gave $100,000 in cigaret stocks to little Trinity College in Durham, N. C., when that Methodist institution was crusading against the weed he sold. Since then "Wash" Duke's progeny have made Trinity into a fabulously rich educational duchy. Late Son James Buchanan ("Buck") Duke, who was permitted to rename it Duke University for $17,000,000 in cash, also gave Duke an eventual 32% of the income from his Duke Endowment, whose $53,000,000 portfolio holds not only...

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