Henry Ford was known for both his frugality and his philanthropy. He was visiting his family's ancestral village in Ireland when two trustees of the local hospital found out he was there, and they managed to get in to see him.
They talked him into giving the hospital $5,000 dollars (this was the 1930's, so $5,000 dollars was a great deal of money). The next morning, at breakfast, he opened his newspaper to read the banner headline: "American Millionaire Gives Fifty Thousand to Local Hospital."
Ford wasted no time in summoning the two hospital trustees. He waved the newspaper in their faces. "What does this mean?" he demanded. The trustees apologized profusely. "Dreadful error," they said. They promised to get the editor to print a retraction the very next day, stating that the great Henry Ford hadn't given $50,000, but only $5,000. Well, hearing that, Ford offered them the other $45,000, under one condition: that the trustees erect a marble arch at the entrance of the new hospital, with a plaque that read, "I walked among you and you took me in."
They talked him into giving the hospital $5,000 dollars (this was the 1930's, so $5,000 dollars was a great deal of money). The next morning, at breakfast, he opened his newspaper to read the banner headline: "American Millionaire Gives Fifty Thousand to Local Hospital."
Ford wasted no time in summoning the two hospital trustees. He waved the newspaper in their faces. "What does this mean?" he demanded. The trustees apologized profusely. "Dreadful error," they said. They promised to get the editor to print a retraction the very next day, stating that the great Henry Ford hadn't given $50,000, but only $5,000. Well, hearing that, Ford offered them the other $45,000, under one condition: that the trustees erect a marble arch at the entrance of the new hospital, with a plaque that read, "I walked among you and you took me in."
