? I don't know if it was a coincidence or a deliberate arrangement. 1 9 2 0 in may, international labor day, john D Rockefeller Jr. wrote a letter to his 1 4-year-old son, clearly indicating that he would become the chairman of Rockefeller foundation in the future, and signed a memorandum with him. This memo is actually to teach children how to deal with pocket money. It has the requirements of 1 4 and is copied as follows:
1. Starting from May 1, the starting standard of pocket money is 1 USD 5 0 cents per week.
2. Check the accounts every weekend. If John's financial records that week satisfy his father, his pocket money will increase by 1 0 cents next week.
3. Check the accounts every weekend. If John's financial record doesn't conform to the regulations, or his father can't be satisfied that week, his pocket money will be reduced by 1 0 cent next week.
In any week, if there is no recordable income or expenditure, the pocket money next week will remain at this week's level.
5. Check the accounts every weekend. If John's financial records for that week meet the requirements, but his writing or calculation can't satisfy his father, his pocket money will remain at the same level as this week next week.
6. Dad is the only judge of the adjustment of pocket money level.
7. Both parties agree that at least 20% of pocket money will be used for public welfare.
8. Both parties agree that at least 20% of pocket money will be used for savings.
9. Both parties agree that every expenditure must be recorded clearly and accurately.
1 0. Both sides agree that John can't buy goods or ask his parents for money without their consent.
1 1. It is agreed that if John needs to buy goods beyond the scope of pocket money, John must obtain the consent of his father, mother or tutor. The latter will give John enough money. The change, the marked commodity price and the change receipt must be given to the fund donor on the evening of purchasing the goods.
1 2. Both parties agree that John will not ask any tutor, father's assistant or others for advance funds (except the fare).
1 3. For the pocket money that John deposited in the bank account, his father will add the same amount of money to John's account, exceeding 20% (see Article 8 of the Detailed Rules). 1 4. the above-mentioned detailed rules of the pocket money convention will be valid for a long time until the signatory countries of both parties decide to amend its contents at the same time.
Finally, it was signed by john D Rockefeller Jr. and his son John.