Teddy Roosevelt's Nobel peace prize
1906
(Teddy Roosevelt with a teddy bear.)
Teddy Roosevelt received the Nobel Peace Prize for The Treaty of Portsmouth which had ended the Russo-Japanese War. He had the diplomats from both sides of the war over to America to board a Presidential yacht. He had negotiated with the two when they finally both agreed and signed The Treaty of Portsmouth.
When receiving the award he received a medal, a diploma, and a cash reward of 36,734.79. He accepted the medal and diploma, as for the money he said he couldn't accept it and gave it away to a committee promoting peace. Later on he had requested the money to be returned to him so he can give it to charities in need of the money, as in; The Red Cross (many countries), The Salvation Army, YMCA, and much others.
A quote from Roosevelt upon receiving the award:
"The medal and diploma will be prized by me throughout my life, and by my children after my death. I have turned over the money to a committee, including the Chief Justice of the Supreme Court of the United States and the Secretaries of Agriculture and Commerce and Labor, in trust, to be used as a foundation for promoting the cause of industrial peace in this country. In our modern civilization it is as essential to secure a righteous peace based upon sympathy and fair dealing between the different classes of society as it is to secure such a peace among the nations of the earth; and therefore I have felt that the use I have made of the amount of the Nobel Prize was one peculiarly in accordance with the spirit of the gift." (Roosevelt 1907)
(Roosevelt: The Treaty of Portsmouth which resolved the Russo-Japanese War.)
Sources:
http://www.theodoreroosevelt.org/life/nobelportsmouth.htm
http://www.nobelprize.org/nobel_prizes/peace/laureates/1906/roosevelt-bio.html
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