The linking of the terms "business" and "philanthropy" seems at first sight to be an incongruity or a paradox; and yet business philanthropy is philanthropy in its most effective form. An example of this form of philanthropy is described by Dr. George M. Sternberg1 in an article on the improvement of housing conditions among the working clasess as a factor in the reduction of tuberculosis. In the city of Washinigton, with its large colored population, with a tendendcy to overcrowding, tuberculosis has been very prevalent, and this is true also of the while laboring population. As a means of improving the situation and at the same time of securing a reasonable return on the investment, in 1898, Dr. Sternberg, together with some other public-spirited citizens, organized a company for the building of apartments for the laboring classes, which would provide light and air and be equipped with all sanitary conveniences, and which might be rented at a rental
Current Comment. JAMA. 1910;55(24):2068–2069. doi:10.1001/jama.1910.04330240046016
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